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Rich Empire Business Consulting is seeking government grants to enhance its operations and expand its reach. The funding request totals $100,000, allocated as follows: $9,000 for marketing, $58,000 for staffing, $18,000 for office space for one year, and $15,000 for equipment.
The business aims to hire additional marketing and design staff, as well as another trainer, to manage growth and offer more classes. The owner currently conducts training four days a week but needs more time to develop the business further. With the grant, Rich Empire plans to broaden its services to every state by utilizing local television advertising and leveraging existing contacts in major cities.
The company has experienced a steady growth rate of 3% annually but aspires to double that with the additional funding. They are also collaborating with the Small Business Development Center to ensure they follow best practices during their expansion.
Rich Empire emphasizes its compliance with federal and state regulations and its commitment to keeping financial records up to date. The owner expresses passion for the business, highlighting customer satisfaction and growth as primary outcomes.
In terms of competition, Rich Empire identifies a competitor in the training sector, describing her as inexperienced compared to their own qualified team. The consulting firm believes its diverse expertise, including social media management and digital marketing, sets it apart. The company prides itself on a results-oriented approach and emphasizes a mission to empower clients through effective consulting and training services.
With over 30 years of experience, the owner brings a wealth of knowledge from her government service and work with small businesses, positioning Rich Empire as a valuable partner for organizations seeking long-term success. The company is ready to leverage its unique strengths to support small businesses effectively.
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General Information
Business Registration Number: c4710097
Location: Roseville, CA, 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: NO
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Funding Usage
Marketing $9000 Staffing $58,000 Office space for one year $18,000 Equipment $15,000
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Business Plan
With the additional staffing with expertise in marketing and design we will be able to reach more customers. I also need another trainer other than myself to help create more classes. I am currently training Fours days per week and I need time to grow the business. I plan to expand my services to every state by submitting to Local tv spots with discounted rates. I will utilize a pool of contacts in several major cities to help us advertise. As we grow, we will be able to hire accordingly no longer needing a grant. We are on track growing 3% per year, but with the grant we hope to increase our growth to 7% or more each year. We are also utilizing the services of the Small Business Development Center to ensure we are on track and ate not missing vital processes during our growth. We are a small consulting company with federal and state compliancy across the board. We keep our paperwork up to date and our books as well. There is a tremendous amount of work for us, but without having staffing and the space we are forced to minimally operate. I am the owner and I love what we do. Our clients have seen growth and satisfaction with all of our services.
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Self Identified Competition
one competitor is a training company. I personally know the owner and she lacks the experience and skill to take the customer to a successful accomplishment. After her students finish her classes they come to us for detailed training that lead to successful outcomes. I have several students who can attest to their positives experience working with us. We are a global team of experienced professionals led by a woman who is a veteran of over 30 years of service in the United States government and 18 years working with small businesses and nonprofit sectors. Our Expertise Ultimately, the value that any firm provides must be its claim to relevance. Consequently, Rich Empire Business Consulting Inc. is a most relevant and valuable partner to all businesses that desire lasting and unlimited success. Our Areas of Expertise Include: * Consulting * Social Media Management * Digital Marketing * Web Design * Business Start-up and restructuring * Training Our Commitment to Results Put simply, we don't stop until results are achieved. Our rationale is that efforts do not mean anything unless they yield the desired outcomes. As a result, our experience over the years has resulted in our highest number of satisfied clients. We work with businesses and individuals as true partners possessing consummate experience and know-how of the scientific processes and techniques which assure growth and development. Our Mission Our mission is to empower customers by providing comprehensive, meaningful, impactful, relevant, and effective business, consulting, and training services that result in national or global success. Our Experience Thirty years must count for something and, we make it do so for all of our clients, drawing upon that many years of experience serving in the government and, the vital ecosystem built as a result. More than likely, whatever your need, if we cannot provide it, we know someone who can. The key is for you to have the solution that your business needs to soar. Our competitor comes from a background of working with the state lottery as a secretary. She never received a college education and lacks the skills to grow her business. We are in a uniquely positive position to expand and give small businesses the care they need to grow.
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Contact Applicant
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