B & K water well drilling | Application Preview
B & K Water Well Drilling is applying for government grants to support their business expansion efforts. The funding will be used to hire more employees, provide training for geothermal wells and clean energy, and purchase necessary inventory for future projects.
Their business plan focuses on increasing staff and acquiring additional equipment while also performing repairs on existing machinery. This strategy aims to enhance productivity, allowing the company to take on more jobs and potentially double or triple their income. Additionally, the training component will enable them to expand their range of services, ultimately providing more job opportunities and increasing revenue.
They believe that receiving this funding is crucial as they are a small business lacking sufficient capital for growth in a market with high demand for water well services. The ability to stabilize and grow their business is seen as vital not only for their current operations but also for ensuring its sustainability for future generations.
In terms of competition, they face challenges from Moys Water Well, which has a larger workforce and equipment range, enabling them to handle multiple projects simultaneously. However, B & K Water Well Drilling differentiates itself by maintaining lower prices and prioritizing customer service, taking the time to address client inquiries and building strong relationships.
-
General Information
Business Registration Number: 2590 Heinen rd
Location: FLORESVILLE, TX, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: NO
-
Funding Usage
Expanding business with more employees, training for geothermal wells and clean energy. Purchasing inventory supplies for future wells.
-
Business Plan
More employees, more equipment and repairs on equipment to more jobs through the year to double and triple our income, plus new training to broaden our services and offering more job opportunities and income for the company. We are just a small business with not enough funding to expand and water wells are in a big demand, servicing wells are unlimited money income, it would be a opportunity to help our business grow and stay in business to pass on to our children and the next generation.
-
Self Identified Competition
Moys water well, they have a lot of employees and equipment to service and new construction wells at one time to triple income and receive more jobs throughout the year. We keep our prices at a lower cost for our customers, they appreciate that we are not trying to take every Penny from them. We spend time with our customers and answer questions they have.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
