Cardenas Insurance | Application Preview
Cardenas Insurance is seeking government grant funding primarily to cover employee salaries and maintain its existing workforce. The business plan involves reinvesting revenue into purchasing leads and local advertising to attract new customers and generate referrals.
The application emphasizes the company's self-motivation and enthusiasm for growth, aiming to create new jobs in the community while addressing a local need for insurance services. This effort is seen as a way to support the local economy through disciplined growth strategies.
In terms of competition, Cardenas Insurance faces local brokers as well as larger companies like Allstate, State Farm, and Geico. However, the company highlights its competitive advantage as a Texas-based, community-focused provider. Unlike internet-based services, Cardenas Insurance prioritizes personal interactions, offering individualized guidance to meet customer needs and comply with legal requirements.
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General Information
Business Registration Number: 106704601
Location: Laredo, TX, 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
most of the Money will be used to pay salaries and keep the employees that I currently have
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Business Plan
The idea is to reinvest the revenue to buy leads and local advertising to generate new customers and referrals We are very self driven and enthusiastic with focus on growing the business with a goal of generating new jobs for our community. Our idea is to provide a service that the community is on need for and at the same time help our local economy which can only be achieved with a disciplined business growth
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Self Identified Competition
Local Insurance brokers Big companies like Allstate, State Farm and Geico We are dedicated to the state of Texas and in Particular to the central Texas Area. We are not an internet company and therefore we appreciate dealing with customers one to one and that way offer guidance to fulfil their needs and law requirements
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Contact Applicant
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