Reuben Electrical Contracting | Application Preview
Reuben Electrical Contracting is seeking government grants to enhance its operations by hiring a dedicated project manager. This move aims to relieve the owner from daily superintendent responsibilities, allowing for greater focus on business development and strategic growth.
The business plan includes the recruitment of a superintendent and additional qualified electricians/journeymen, as well as training existing staff to elevate them to journeyman status. The rationale for funding emphasizes the company's potential for long-term profitability in the construction sector, which remains a stable industry. Notably, Arizona faces a labor shortage, and upcoming trade programs are projected to help address this issue over the next few years.
The application highlights a significant challenge: large corporations like Intel often lure skilled employees away with higher pay, which poses difficulties for smaller businesses to compete. To address this, additional funding is essential for investing in employees, which is critical for moving the company forward.
Reuben Electrical Contracting distinguishes itself through its small, family-owned nature and its strong community reputation. The owner’s hands-on approach to projects adds to the company's competitive edge, positioning it as a reliable choice in a challenging market.
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General Information
Business Registration Number: Reuben Electrical Contracting
Location: Scottsdale, AZ, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Hire a project manager to help business owner step back from day-to-day superintendent rolls, and focus on business development and strategy.
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Business Plan
Hire a superintendent and a few more qualified electricians/journeymen. Train existing employees to become journeymen Longevity of profitable business. Construction is an evergreen industry. We have a labor shortage in Arizona, and many programs coming into play in next 3-5 years revolve around building trade programs to help combat trade shortage. We are able to retain our employees, but often large corporations like Intel poach our employees for projects and pay $5-10 more per hour which is crippling for small business. More capital to invest in employees is essential to take our business to the next phase.
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Self Identified Competition
More like all of the large companies are taking all of the talent for their jobs, and then dumping them when project is over. Small guys like us can't compete with their salary offers. small, family-owned. We have an amazing community reputation and the owner is hands-on in every project.
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Contact Applicant
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