The Brinson LLC DBA Brinson Vending | Application Preview
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General Information
Business Registration Number: W22518880
Location: Glen Bernie, MD, 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: YES
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Funding Usage
The $60,000 will be used for the expansion of the business. $40,000 will be used to acquire the equipment necessary to service oncoming clients. $8,000 will be used to secure means of transportation and deliveries in order to service current and upcoming clients. $7,000 is to satisfy all current financed equipment payments. $5,000 is to secure all remaining units of inventory, accessories, and commissions for current and upcoming clientele.
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Business Plan
I plan to grow the business the next 5 years using the following steps: Step 1/Year 1: Continuously provide excellent service to my current and potential clients to create a reputation and develop references for 12-18 months. Use the marginal profits to build business credit and capital. Build upon my media presence through the business websites and social medias. Step 2/Year 2-3: Focus in on my niche clientele of public schools. Use my connections as a public school teacher, the built reputation, and references to develop more client relationships throughout multiple school counties/districts. Step 3/Year 4-5: Complete, review, improve, and repeat the previous steps. Brinson Vending currently and will continue to service Title I public schools. While doing so, a portion of earnings is donated back to every school being serviced. These funds are often used to service Parent Teacher Organizations, teachers, and student programs/activities. As a current public school teacher, I see the importance of having positive male role models. Being a Black male teacher in the county I was a student in, I feel and know the importance of having someone give back to the community in a relatable way. In servicing Title I schools, I service students that I've shared a similar upbringing with, teachers that I share the same struggles with, and communities filled with people that look like my family. An investment in Brinson Vending is an investment in the community, an investment in the schools, and an investment in the futures of our youth.
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Self Identified Competition
C & L Vending Services Pro Vending Services, Inc Discount Vending All are located in the Baltimore, MD area and service generally the same areas as Brinson Vending. Brinson Vending is a minority owned small business that prioritizes great customer service and giving back to the communities being serviced. The initial purpose of developing this company was to build a family business with my family's name that can grow and be passed down for generations. However, when I began servicing my first client, I saw the impact I had on the youth and community witnessing someone familiar do something positive and now realistic to achieve. My hope is to have that impact continuously and throughout a plethora of areas/clients.
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Contact Applicant
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