HCRS,LLC | Application Preview
HCRS, LLC is applying for government grants to secure working capital aimed at covering staffing and overhead costs. The need for funding arises from a delay in insurance project payments, which occur 30-60 days post-completion. This working capital will help maintain consistent payroll and finance cost of goods sold (COGS), facilitating growth and staffing enhancements.
The business plan emphasizes organic growth based on necessity rather than anticipation. The founder aims to build a team that includes estimators and project managers, targeting $1.5 to $2 million in sales within 18 months. As each team achieves its goals, additional associate project managers will be added, enabling further growth to $2 to $2.5 million in the same timeframe.
The founder, a 10-year Marine Corps disabled veteran with over 35 years in the industry, has single-handedly driven the business to nearly $500,000 in sales and production. He manages all aspects of the business, including client relationships and crew development, while offering exceptional service that stands out in the competitive landscape.
HCRS, LLC faces competition from companies like ServPro, Paul Davis Restoration, and Service Master. However, the business claims a unique edge due to its effective team-based model, which has proven successful when implemented correctly. The founder notes that previous employers who did not adopt this model reported declines in profitability and customer satisfaction. By focusing on transparent communication and comprehensive service, HCRS aims to turn challenging situations for clients into successful recoveries.
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General Information
Business Registration Number: 84-3991839
Location: Hendersonville, TN, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Working capital for staffing and associated overhead. Insurance projects are paid 30-60 days past completion. Working capital allows for steady & routine payroll & COGS funding. This allows for growth and staffing.
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Business Plan
Growing HCRS, LLC is based upon fundamental principles: -Grow out of necessity, not anticipation. I have built this business on the core belief of growing organically and adding staff out of necessity meaning I work until it is no longer sustainable to work with the resources available. This provides for the organic growth of the business with steady profitable work. My organizational plan is to build a team of estimator, and project manager with an expectation of $1.5-2M in sales/production attainable within 18months. As each team meets this expectation an associate project manager will be added to learn the process and help the team grow to $2-2.5M within the 18 month mark allowing the associate PM to be pulled off into their own team with another estimator. I am a 10 year Marine Corps disabled veteran. I have been working in the industry for over 35 years now. I am fully licensed in the State of Tennessee. I have been able to grow my business to nearly a half a million in sales and production single-handed. This includes referral development, inspections, estimate writing, scheduling and production of the work with on-site management on projects 3-4 hours apart from each other. I do this all while developing my crew base and building additional crews. Most importantly I provide a service for my clients that is unmatched by any of my competitors in the industry.
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Self Identified Competition
ServPro Paul Davis Restoration Service Master My business model is unmatched in the industry. The team concept I designed has been copied but the results have not been duplicated. I have employed my model with a local restoration company with a great degree of success. Since leaving that organization, the business has not maintained my model and have seen their gross profitability decrease significantly while customer satisfaction has plummeted. My model when executed properly allows for the restoration of their lives, not just their property. Working transparently and honestly with the clients, referral sources and insurance carriers provides a clear and openly communicative process that turns a tragedy into a recovery.
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Contact Applicant
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