King | Application Preview
King's government grant application outlines a funding request aimed at expanding operations by hiring 1-2 factory-trained employees, establishing a showroom, enhancing advertising efforts, and maintaining an updated website. The business plan emphasizes building a customer database for effective marketing, with each customer generating an estimated $2,354 in repeat business. The showroom will serve as a venue for open houses and networking events to drive foot traffic.
King aims to implement a consistent marketing campaign alongside an increase in staff to boost revenue. The application underscores the uniqueness of their services, highlighting a service area with over 1 million potential customers and minimal competition. The business's extensive experience in resurfacing processes and sales positions it favorably for funding approval.
Competition is limited, with only one competitor in the area, for whom King previously worked. This experience provides valuable insights into both effective and ineffective strategies employed by the competitor. King asserts that their products and services surpass those of the competition, citing superior materials, extended warranties, and a track record of winning contracts against their competitor as significant strengths. Overall, the application presents a compelling case for funding by demonstrating the potential for growth and success within a niche market.
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General Information
Business Registration Number: 480845237
Location: Omaha, NE, United States
Length of Operation: 1.5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Hire 1-2 employees who will need factory trained, build out a showroom, ramp up advertising and maintain website
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Business Plan
At the advice of my financial advisor, I am continuing to build my customer data base for marketing reasons. Each customer is worth $2354 in repeat business. With a show room, I will be holding open houses to get people through the show room. Networking groups will have access to the show room for their weekly meetings. I will have a marketing campaign that is consist and constant. I will be increasing my staff to increase revenue The services we offer are very unique and with very little competition. Our service area is over 1 million people and with virtual no competition, we are on the bleed edge of success. All we need it money to get to the next level. We have extensive experience in the resurfacing process as well as service and sales. Our expertise is priceless to our investors.
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Self Identified Competition
There is only one competitor and we worked for them. We know what they do right and what they do wrong. As the competitor's designer, I set their pricing so I know how to compete with them in the pricing arena. I know what kind of products they use. The products we use are far superior to what they use. I have won every "deal" when competing against my competitor. My contractors are more experienced and reliable. Our products are far more superior to my competitors. Our warranty is longer which speaks to the quality of the products and craftmanship.
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Contact Applicant
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