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February 15, 2025, 2:10 pm UTC

Southridge Dental Tax ID: 205534808 | Government Grant Application

Southridge Dental | Application Preview

 

Southridge Dental is applying for government grants to cover payroll and overhead expenses due to projected losses in the upcoming year, similar to their financial struggles from the previous year. They found the Paycheck Protection Program (PPP) helpful previously and hope to sustain their operations with this funding.

The business aims to expand after the recession, with a focus on serving disadvantaged children in Southern Nevada and veterans. While the funds would primarily support payroll, Southridge Dental is committed to community outreach programs.

In their grant application, they argue that investing in dentistry offers a higher return on investment compared to other small businesses. They acknowledge that advertising budgets pose a challenge for dental offices but believe that with a solid marketing plan, they can attract enough patients to warrant hiring additional staff.

Their main competitors are dental service organizations (DSOs) like Pacific Dental, Heartland, and CorDental. Southridge Dental differentiates itself by emphasizing the importance of patient care in privately run practices, as opposed to the corporate focus observed in DSOs. This patient-centered approach is seen as a key competitive advantage.

  • General Information

    Business Registration Number: Tax ID: 205534808

    Location: Henderson, NV, United States

    Length of Operation: 11plus

    Number of Employees: 1-10 Employees

    Annual Gross Income: $500k to $1M

    Annual Gross Expense: $500k to $1M

    Open to Loans: NO

  • Funding Usage

    This funding is strictly used for payroll and overhead expenses. Reason for the amount is because are on target to loosing this much for the last year and the next. PPP was very helpful last time, however, our business is in the same area of sorrow. This would continue to be used to keep the office going. Thank you.

  • Business Plan

    We plan to expand to other locations in the future after this recession is complete. Our focus is on the disadvantaged kids of Southern Nevada and Veterans. Funds will be used as stated, for payroll, but other efforts will continue to be used to elevate our community with outreach programs. Dentistry is a great field to invest in since the ROI is higher than other small business ventures. One of the major problems with dental offices are its advertisement budgets. Once we have established a plan on a consistent basis, the volume of potential patient with accommodate the need for a dental associate. This will allow the lead doctor to expand it initiative on elevating its current locations.

  • Self Identified Competition

    Our top competitor are DSOs, such as Pacific dental, Heartland, and CorDental group. Patients don't like DSOs, which are a corporate run dental offices that rely strictly on the bottom line instead of focusing more on the patient. Having more individual run offices allow dentist to persue comprehensive dental practices.

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