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February 15, 2025, 2:35 pm UTC

Minnesota’s Best Painting Company 41-1943198 | Government Grant Application

Minnesota’s Best Painting Company | Application Preview

 

Minnesota's Best Painting Company is seeking government grants to enhance its operations in several ways. They plan to use the funds to upgrade old trailers, ladders, safety equipment, and a truck, as well as to hire one full-time painter and address debt incurred during the COVID-19 pandemic.

Before the pandemic, the company employed four full-time workers. Due to COVID, they had to place employees on unemployment, losing two key staff members during that time. Currently, the business has two dependable employees, and they aim to grow back to a team of five over the next five years, recapturing the workforce they had for over 20 years. The owner emphasizes the importance of paying good wages to support their employees and their families.

The owner argues for funding approval by highlighting their commitment to ethical business practices and employee welfare. They pride themselves on proper procedures and safety measures, contributing to a respectable reputation. As a family-run business since 1999, they are seeking financial assistance to restore and improve their equipment and safety standards and to expand their workforce back to pre-COVID levels.

The company acknowledges local competitors but focuses on their strengths. They maintain that their approach is centered on fair treatment and strong relationships, both internally with staff and externally with clients. Their competitive advantage lies in delivering high-quality work, a focus on customer satisfaction, and a commitment to in-house staffing, with no subcontracting. The owner notes that previous employees have gone on to successful ventures, reflecting the supportive culture within the business.

  • General Information

    Business Registration Number: 41-1943198

    Location: New Prague, MN, United States

    Length of Operation: 11plus

    Number of Employees: 1-10 Employees

    Annual Gross Income: $100k to $250k

    Annual Gross Expense: Less than $100k

    Open to Loans: NO

  • Funding Usage

    Upgrade old trailers (1 not working condition). Upgrade all ladders and equipment Upgrade all safety equipment Upgrade one truck Hire 1 full time painter Pay debit caused by Covid

  • Business Plan

    Prior to Covid I had 4 full time employees. Since not essential I had to put employees on unemployment for first time since I started my business in 1999. I lost 2 key employees and basically hit bottom. For a time had to do most myself and a part timer. I know have 2 great employees for last 14 months now and trying to add on a year back to 5. So 5 year plan to have 5 employees full time like I had for 20+ years. I pay good for good people so they can support families. I run my business right for employees and clients. I did the right procedures for the project and do not short cut. My employees take pride in work. I take pride in employees. We use proper safety for client and employee. I pay my taxes and have a honorable business. It has been a family run business since 1999. We need help to revitalize the equipment for transportation and job safety and able to hire another person full time short term and grow back to Pre Covid. Just need help financially to get up to par.

  • Self Identified Competition

    Honestly, We are who we are I do not bad mouth another company. I learned all long time ago treating people good and fair is better for business. Actually, in the last 24 year I have had 5 former employees start their own businesses and are successful. They are still friends both went to my fathers funeral last September (my dad was a master craftsman and all was his mentor). All are coming. To my daughter graduation this summer. Locally: Slavic Painting new Prague City Scape Burnsville 3rd Generation Painting Prior Lake Again, We do awesome work Dona slightly above average price. We take pride and complete to clients true satisfaction. We are referral and repeat business company and door hang and signage on jobsite type business. We do not subcontract! All in house employees! Family business. Second generation craftsman.

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