MPP | Application Preview
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General Information
Business Registration Number: 00000
Location: Batavia, OH, United States
Length of Operation: 6-10
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
I am trying to expand my business into machining metals with CNC machines. I am looking to obtain an entry level professional CNC for ~$35000. This would secure much more business for me going forward and allow me to potentially hire someone to help me.
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Business Plan
I will be moving my business into machining metals which is much more mainstream and in high demand in my area. I am developing my business slowly and carefully to not over reach and over spend before the demand is truly there to sustain the expansion. I am at a point where I can now move into machining in order to provide a wider range of services.
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Self Identified Competition
Currently my competitors are large 3D printing companies that charge at least double what I am able to charge to obtain similar quality parts. I am much more nimble and my overhead is very low. As a result I can provide same quality parts for less and usually the turnaround time is much quicker too.
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