J.B. The Resource Agency, LLC | Application Preview
The grant application from J.B. The Resource Agency, LLC outlines a request for funding to support various operational needs as they grow from a virtual assistant business into a nationally recognized resource for community organizations.
The funding will be allocated as follows:
- **Program Supplies ($10,000)**: For immediate client needs, including marketing and e-workspace subscriptions.
- **Team Uniforms ($2,500)**: To ensure a professional appearance for their three agents during meetings and client interactions.
- **Marketing ($5,000)**: For website maintenance and promotional materials.
- **Rent/Overhead ($18,000)**: To cover coworking space rental costs.
- **Transportation ($30,000)**: For in-person client support nationwide, allowing up to three visits per client.
- **Professional Development ($10,000)**: To finance required training sessions for agents, relieving this financial burden from employees.
- **Legal Compliance Fees ($8,000)**: To address the costs associated with business paperwork and accounting services.
The agency aims to support community-based organizations by managing administrative, HR, and social media tasks, allowing leaders to focus on their core missions. In the next five years, they plan to establish three community hubs to improve accessibility for clients.
The funding is justified by the agency's mission to uplift organizations that drive community change. By alleviating operational burdens, they enable leaders to concentrate on their goals.
In terms of competition, they face virtual assistant and job acquisition agencies. However, their strengths include offering in-person support, flexibility in service usage, and the ability to provide comprehensive services through their specialized agents. This positions The Resource Agency as a unique and valuable resource for community organizations.
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General Information
Business Registration Number: 88-1126492
Location: YPSILANTI, MI, 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
Program Supplies ($10,000): Covers immediate purchases for clients, printing and marketing fees, and e-workspace subscriptions Team Uniforms ($2,500): There's a total of 3 agents in our business and we'd like each agent to have a professional look, whether it's a virtual meeting or providing in-person support Marketing ($5,000): Covers quarterly website maintenance, printing fees for business cards and other promotional properties Rent/Overhead ($18,000): Covers the cost of coworking space rental fees Transportation ($30,000): Each client can receive in-person support up to 3 times and our clients are located nationally. This budgeted amount covers travel expenses whether its by car, air fare or train to reach our clients. Professional Development ($10,000); Each year, agents are required to complete at least 3 session of professional development training and we'd like to remove the burden of this expense from employees. Legal Compliance Fees ($8,000): Covers the cost of contractual fees for business paperwork processes, accounting and budgeting services
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Business Plan
JB The Resource Agency is currently a small virtual assistant business working to become a nationally known resource for community organizations. We provide administrative, HR and social media management services. The goal is to become a main source for community based organizations that need support in focusing on their genius by completing tedious tasks or providing referrals to valuable resources. In the next 5 years, we'd like to have at least 3 community hubs stationed for community leaders to have greater access to our agents and co-working spaces. The goal of our work is to uplift and enhance the vision of organizations creating effective change in the community. Most times, community based organizations are limited to resources which result in the community leaders not having enough time to focus on their genius and the 'Why" of the organization. In supporting our agency, we will be able to maximize our support to various team and encourage collaboration across diverse communities.
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Self Identified Competition
1. Virtual Assistant Agencies 2. Job Acquisition Agencies 1. We provide in-person support up to 3 times a year and plan to expand the agency to a co-working platform with multiple locations 2. Our services can be used on a needed basis, which allows organizations to have more flexibility in their staffing funds. 3. Organizations will receive all of their essential services in one agency instead of going through multiple channels for specific channels. We have 3 agents that all specialize in 1-2 services that all organizations can reap the benefits from when choosing us as their key resource. l
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Contact Applicant
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