FLOORmaps Incorporated | Application Preview
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General Information
Business Registration Number: 811083198
Location: Rogers, AR, United States
Length of Operation: 11plus
Number of Employees: 11-25 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $500k to $1M
Open to Loans: YES
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Funding Usage
In my loan application for $200,000, I plan to allocate a minimum of $40,000 to bolster our working capital. The remaining funds we are requesting will be directed towards several key areas: Expansion of Machinery and Personnel: We intend to invest in expanding our machinery and personnel to diversify our capabilities, ensuring that we can take on a wider range of projects and maintain our swift turnaround times. Marketing Initiatives: A portion of the funds will be dedicated to marketing efforts aimed at attracting a larger client base. This, in turn, is expected to drive an increase in sales. Training Programs: We will allocate resources for training programs to continually educate our team members. This not only enhances their skills but also instills confidence, ultimately contributing to increased sales. Research and Development Ventures: We plan to allocate funds to support research and development endeavors, which will enable us to expand our offerings and contribute more significantly to our community. By strategically distributing these funds, we aim to strengthen our operations, grow our client base, and enhance our overall value within the community.
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Business Plan
At FLOORmaps, we're planning to enhance our marketing strategy over the next five years. While word-of-mouth has been our main focus, we recognize the need to adapt to changing trends. We'll continue to prioritize personal interactions and showcasing our customers' successes on social media. However, we understand the importance of modernizing our approach to reach new professionals in the decorative industry. This means revamping our website and marketing efforts to appeal to a wider audience, including architects, design firms, mural artists, and painters. We'll invest in targeted marketing initiatives to expand our customer base and drive business growth. These updates will require additional funding, but we're confident they'll position FLOORmaps as a leader in innovative design solutions. As a Women-Owned Small Business, we take pride in our work and our commitment to community engagement. Our specialized tools elevate the aesthetic appeal of floors, walls, and various surfaces, turning them into captivating pieces of art. With the ongoing demand for construction and renovations, we're confident that our services will remain indispensable in the industry. Continuously seeking ways to innovate, we're dedicated to enhancing our value in the construction sector. We believe in fostering creativity and provide opportunities for anyone to unleash their artistic talents.
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Self Identified Competition
FLOORmaps runs a specialized service and have yet to find a competitor that can compare to our work. Technically any sign shop can cut a stencil or print a graphic but they lack our knowledge of the construction industry. We have set many standards to how graphic in floors are installed. While some may compare us to traditional Sign Shops, FLOORmaps sets itself apart through our specialized expertise in the concrete and decorative industries. We possess an in-depth understanding of the unique requirements and intricacies of these fields, enabling us to deliver tailored solutions that go beyond conventional signage. Our extensive range of media solutions ensures that we can cater to diverse needs, and in cases where we don't have a specific solution, we are committed to finding the right resources or arranging custom orders on behalf of our clients. At FLOORmaps, we prioritize customer satisfaction by providing comprehensive and innovative offerings that elevate the decorative experience.
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Contact Applicant
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