Magnolia Garden Group, LLC | Application Preview
Magnolia Garden Group, LLC is seeking government grants to support various aspects of their business, including website design, marketing materials, office equipment, licensing fees, and lease costs for a physical office space.
The business owner has a strong background as an insurance broker and marketing professional, specifically in health and life insurance. They have built a practice catering to seniors over 65 and general clients, leveraging partnerships with top-rated insurance companies. Their goal is to establish a dedicated office where clients can receive personalized service for their insurance and retirement planning needs. By the end of the second year, the owner anticipates reaching at least one million in annual premiums.
The application emphasizes the owner's strong work ethic and commitment to client relationships, which they believe sets them apart from other brokers who typically disengage after the sale. The plan includes providing ongoing support and services, such as assistance with claims and financial program enrollment for senior clients. The owner is dedicated to building their agency on a solid foundation, fostering trust, and handling challenges proactively.
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General Information
Business Registration Number: 85-3763382
Location: Canton, GA, United States
Length of Operation: 2 months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Funds will be used for website designs, marketing materials (flyers/postcards, lead purchases, decals), office equipment (printers, computers, software), non-resident licensing fees, and lease for physical office location
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Business Plan
I'm currently working for a leading insurance industry as a insurance Broker and Marketing professional. My experience in the health care market as lead me to develop my own agency/business with health and life insurance. This market has proven to endure through government shut downs, a rocky stock market and economy. I plan to continue to offer health care and life insurance products to both seniors over 65 and common insurers. I'm currently contracted with 8 of the best insurance companies with A+ ratings who deliver great benefits. I'm currently working from home but would like a stand alone building were people can meet and discuss their health coverage, retirement plans and life insurance needs. By year 2, I will have at minimum, one million in annualized premiums and a stable book of business. I'm a hard worker and a go-getter. I believe in building a solid foundation and building from the ground up. I've been with my current employer, who's been a mentor, for over 7 years with the Medicare supplement insurance and Marketing business. I know how to resolve challenges and how to maintain clients and their trust in the business I do daily.
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Self Identified Competition
In the insurance broker business there aren't any real 'competitors' besides other brokers. What makes me different is that I follow through with each client during the duration of their policies. I'm in constant communication with my clients and service them in any way possible. Most brokers/agents sell the policy and move on. What I plan to do different with my business is to provide services that most agent/brokers do not. For example, our seniors need our help the most, so when a claim isn't paid in a timely fashion or if they need assistance with an EOB (Explanation Of Benefits) I plan to hire an aide who can assist them with making sure the final bill is paid and that the insurance company is billed correctly. I also plan to hire a financial specialist who can assist our seniors and clients with enrolling in financial programs that offer assistance.
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Contact Applicant
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