RKS Phone Technician | Application Preview
RKS Phone Technician is seeking a $30,000 government grant to enhance its operations in Jonesboro, LA. The funding would facilitate the hiring and training of three new employees, enabling the business to efficiently manage its current shop while also opening a new location nearby. This expansion aims to strengthen the business's market presence and improve profitability, allowing for further growth.
The business plan outlines a five-year strategy that involves expanding into additional cities, including Ruston, Monroe, and Shreveport. With over ten years of experience in electronic repairs, the founder aims to establish a chain of repair shops that provide exceptional services at competitive prices.
The application emphasizes the founder's extensive background in the industry, having started in 2012 and worked with renowned professionals. The business has consistently grown since its inception in 2018, and the owner anticipates that opening a new location will significantly increase revenue by attracting more customers.
Notably, RKS Phone Technician currently faces no direct competition in Jonesboro, which enhances its market position. This unique standing gives the business a competitive edge, positioning it for successful expansion in the region.
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General Information
Business Registration Number: RKS Phone Technician
Location: Jonesboro, LA, 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
If I were to receive $30,000, I would be able to hire and train 3 employees to run my shop in Jonesboro with ease. Also, I would be able to open a new location nearby and stock it with all equipment and inventory necessary to perform at the same level as my current location. With the ability to run 2 close-by locations, I would be able to produce a profit that would allow me to continue to grow and expand to even more locations.
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Business Plan
In the next 5 years, I plan to hire and train employees to run my current location and expand into nearby cities such as Ruston, Monroe & Shreveport, LA. I plan to create a chain of electronic repair shops with my 10 years experience in the field. We currently offer the best services at competitive prices. I plan to use our same services and expand them into nearby areas as soon as possible. I began working in this field in 2012, when I was hired as an entry level technician for a local repair shop called Kitishians Wireless. My interest in the field drove me to learn the trade quickly and I began to gain confidence in my repair ability. I since have been trained in device repair in Rochester, New York by Jessa Jones and her team @ iPadRehab. I have worked amongst the best of tech's in Baton Rouge at a place called PhoneDoc. Since 2012 I have only worked in this industry and have always had a job. In 2018, I decided to open my own business in my hometown of Jonesboro, LA. My business has grown month by month since it's opening day. My revenue is still growing as time passes and I expect to double sales as soon as I am able to open a location in a nearby town with more potential customers.
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Self Identified Competition
With being the only repair shop in Jonesboro, LA and repairing for many nearby shops, I do not have competitors. With being the only repair shop in Jonesboro, LA, I do not have any competitors in my industry.
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Contact Applicant
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