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February 7, 2025, 8:52 pm UTC

Build Group LLC 001341909 | Government Grant Application

Build Group LLC | Application Preview

  • General Information

    Business Registration Number: 001341909

    Location: Gallatin, TN, 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

  • Funding Usage

    The grant funds will be used to invest in employee hiring, training and development programs. This includes providing specialized training for new construction techniques, safety protocols, and certifications to ensure compliance with industry standards. By enhancing the skill set of the workforce, Build Group will be better equipped to deliver high-quality workmanship for each project taken on. A portion of the grant funds will be allocated to cover administrative and overhead expenses such as office rent, utilities, insurance premiums, and professional services such as legal and accounting. By ensuring proper infrastructure and support services, the company will operate efficiently and effectively, ensuring each project is a success. Lastly, The Build Group recognizes the importance of giving back to the community. A portion of the grant funds will be utilized for community engagement and outreach initiatives. This includes participating in local volunteer projects, supporting educational programs related to the construction industry, and partnering with community organizations to provide training and employment opportunities to underprivileged individuals.

  • Business Plan

    Build Group aims to attract and retain top talent in the construction industry. This includes recruiting skilled professionals, offering competitive compensation packages, and providing opportunities for career growth and development. By building a strong and capable workforce, Build Group can execute projects efficiently and maintain a competitive edge in the market. Build Group is constantly conducting a thorough market review to identify growth opportunities in Nashville and the surrounding areas. This includes assessing market trends, demand for specific construction services, and potential areas for expansion. The constant review of the market will help identify target markets and help better our future decision-making. Furthermore, Build Group has developed a comprehensive financial plan to support its long-term goals. We have analyzed forecasted revenue growth and determined the goals needed for securing appropriate financing and managing cash flow effectively. Sound financial planning is a necessary resource to support the company's expansion over the next five years. Investors would not only be investing in Build Group but they would also be investing in economic development by creating jobs, stimulating local economies, and generating tax revenues. Granting funds to Build Group will support the initiation of projects that contribute to economic growth, revitalization of communities, and increased employment opportunities. All projects require a skilled workforce and grant funds are intended to invest in job creation and workforce development initiatives. This includes training programs, apprenticeships, or vocational education to equip individuals with the skills needed for long term career opportunities. By supporting the development of a skilled labor force, the requested grant monies will contribute to job creation and economic empowerment.

  • Self Identified Competition

    Build Group often competes with ourselves through an internal perspective, although there are external competitors in the construction industry such as other construction firms, subcontractors, or vendors, Build Group's ability to effectively compete with itself is crucial for its long-term success. By continuously challenging and improving its own performance, Build Group's initiative is to achieve higher levels of efficiency, quality, and sustainability, which therefore allows for the possibility of positioning itself as a leader in the industry. Differentiation in the construction industry is crucial for Build Group to attract clients, win projects, and establish a competitive advantage. By placing emphasis on our expertise, reputation, sustainability, client relationships, and financial stability, Build Group effectively distinguishes itself from its competitors and positions itself as a preferred choice for all of our clients.

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