Cifra LLC | Application Preview
Cifra LLC is applying for government grants to support the launch of a recruitment business. The funding will be crucial during the initial 3-6 months, as it will help cover both business setup costs and personal living expenses until revenue is generated. The owner plans to operate solo for the first two years, focusing on building a strong client base. After this period, the business is expected to grow, prompting the hiring of two employees to assist with recruitment and account management.
The owner emphasizes a genuine passion for recruitment, aiming to create meaningful relationships and positively impact people's lives, in contrast to other recruiters who may prioritize profit. The local competition includes firms like Vanderhowen, Mainz Brady, and Boly Welsch. Cifra LLC's competitive advantage lies in its personalized service, offering direct interaction with clients and candidates, as well as more affordable rates compared to larger firms. The owner's previous recruitment experience with companies like Nike and T-Mobile will aid in swiftly acquiring new clients.
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General Information
Business Registration Number: 204434997
Location: Portland, OR, 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
Starting a recruitment business can take 3-6 months to build up the business before seeing any revenue come in. As a one man shop, this money would help me fund the business and my life while I ramp it up.
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Business Plan
I plan to stay as a solo shop for the first two years. During that time I will build a solid book of clients that I can rely on. After 2 years, I expect to have more work that I can handle on my own. At that time I will hire on 2 other employees to support the growth. They will serve as a recruiter and account manager to help support both sides of the business. I am a recruiter for all of the right reasons, I want to develop relationships and make a positive change in peoples lives. Many recruiters are in it just for the money, I genuinely love recruiting and seeing the smile on peoples faces when they land their dream job.
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Self Identified Competition
Vanderhowen, Mainz Brady and Boly Welsch. These are all small recruitment firms in Portland that would compete with me directly. As a solo shop, I will add a personal touch that other firms will not. All of my clients and candidates will work directly with me. I will be able to allow cheaper rates for clients that cannot afford a large recruitment firm. Lastly, I have experience recruiting internally for companies like Nike and T-Mobile. During my time there I developed relationships that will allow me to bring in new clients immediately.
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Contact Applicant
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