Mike’s U-Haul | Application Preview
Mike's U-Haul is seeking government funding to enhance its truck rental services for clients who are moving. The plan includes extending operating hours, hiring and training staff, expanding to new locations, and implementing effective marketing strategies. The application emphasizes the company's potential for success, referencing research that shows serious U-Haul dealers have a success rate of over 60%.
While facing competition from Penske, Budget, and local movers, Mike's U-Haul highlights its competitive advantage as a recognized national brand. With completed training and contractual agreements with U-Haul, the business is now looking for financial support to secure office space and parking, which are essential for launching operations and generating revenue.
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General Information
Business Registration Number: Mike’s U-Haul
Location: Cincinnati, OH, 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: NO
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Funding Usage
Renting out trucks for our prospective clients that are moving
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Business Plan
Work longer hours, hire train and retrain employees, expand to different locations and marketing strategies Because I did the research on serious U-Haul dealers and their success rate is above 60%
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Self Identified Competition
Penske, budget, and local movers U-Haul is a national brand I took the classes and signed their contracts I just need capital for office and parking in order to start generating business
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Contact Applicant
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