specialized services | Application Preview
-
General Information
Business Registration Number: 176517796
Location: lapine, OR, 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
-
Funding Usage
We are looking to diversify and add a powder coating line to our existing business and create local jobs with this expansion.
-
Business Plan
Add additional services such as powder coating and drive shaft repair as demand for these services already exists in the local market. I think a few things potentially make our business attractive are that it is majority owned by a woman, we also have previous success in business which helps our chance of successful outcome, we are in a growing community that needs jobs, we are also a low-income area and our goal is to provide reasonable wage to employees.
-
Self Identified Competition
Locally we don't have competition in our desired areas of expansion. The nearest powder coating facility is in Bend Oregon and has more business than it can handle. As mentioned in the previous section, we don't have local competition, but what sets us apart from our nearest competitor is that we are in an up-and-coming community. There is both room and a need for growth but the limited working capital of being in a small community makes it hard to expand without help this also means that the ROI will be slow and this is why a grant would be preferred over a loan. We are focused on the long-term benefits to the community of business expansion and would like to continually grow after the initial expansion.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
