STRX Technologies, LLC | Application Preview
STRX Technologies, LLC is applying for government grants to enhance their business operations. They plan to use the funding for advertising, acquiring additional tools for employees, trademark filing, and corporate insurance. If they secure over $5,000, they may also consider opening a physical store to attract more customers. Their goal is to establish STRX Technologies as a recognized brand and expand their service offerings.
Over the next five years, STRX aims to develop a steady client base that would support a brick-and-mortar location in Brevard County. They are experiencing increasing traffic and anticipate hiring more employees in the future.
The business presents a strong case for funding by highlighting their potential as a significant local IT company. They have generated over $4,000 in gross revenue this year and are receiving contracts worth up to $8,000 per job. While currently operating remotely, STRX projects that a physical location could yield up to $10,000 in sales.
In terms of competition, STRX faces established players like DataDan, Office Depot Tech Services, and Geek Squad. However, they believe they can outperform these competitors in pricing and efficiency. STRX Technologies emphasizes its customer-centric approach, offering unique services such as in-home installations for security systems and networking, which allows them to reach a broader market than their competitors.
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General Information
Business Registration Number: L21000505411
Location: Cocoa, FL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Funds that we receive would go to advertising our business and purchasing more tools for our employees. We would also use the funding to pay for our trademark filing and purchasing corporate insurance. If we were to receive more than $5,000 USD, we would consider opening a brick-and-mortar location to generate more in-person traffic. Currently we are seeking funding to help STRX Technologies become a known brand to consumers and provide more people with quality services.
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Business Plan
In the next 5 years we are hoping to have a consistent stream of clients to open a brick-and-mortar location. STRX Technologies is slowly becoming a well-known local business in Brevard County, and we are generating more traffic than ever before. We would like to hire new employees for the job in the next 5 years as well. You should invest in us as we can become one of the next big local IT companies. This year alone STRX Technologies has made over $4,000 in gross revenue and we are receiving jobs from businesses for services up to $8,000 per job. Currently STRX Technologies operates remotely and travels to customers, however, if we were to open a physical location, we can anticipate up to $10,000 in sales based on our current remote services, gaining us over $4,000.
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Self Identified Competition
Some of our local competitions include DataDan, Office Depot Tech Services, and Geek Squad. While two of the three competitors are well known brands, we can easily out beat them price and efficiency wise. STRX Technologies is a very customer-focused company. Our main goal is to provide quality services quickly and efficiently. We offer more than our competitors as we provide in-home installations on devices such as security systems and networking. Our market is much broader than their target audience.
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Contact Applicant
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