Main street handyman | Application Preview
Main Street Handyman is seeking government grant funding to manage overhead debt, specifically to pay off a cash advance and secure funds for expansion. The owner aims to grow the business by hiring 10 to 15 employees and extending service offerings, creating job opportunities aligned with individuals' interests.
The applicant emphasizes a strong work ethic and commitment to growth but lacks sufficient cash flow to achieve these goals. With financial support, they believe they can develop the company into a desirable workplace while also fulfilling community needs.
In terms of competition, there are only a couple of similar-sized companies in the area, and their current workload suggests that competition is not affecting business significantly. The competitive advantage lies in the aging competitor who may retire soon and the much larger company that does not currently pose as a direct threat. The applicant is confident that, with backing, they can scale the business to compete effectively and perhaps surpass existing competitors. The request for funding is positioned as a crucial step to overcome financial challenges and stimulate growth.
-
General Information
Business Registration Number: 87-3846918
Location: Fremont, NH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
-
Funding Usage
I want to try to get the overhead debt I got into under control. Pay off the cash advance and have some money to expand and grow the company.
-
Business Plan
I want to have at least 10 to 15 people working for me and be able to provide more services to the public. I would like to be able to continue to grow and give others a job opportunity in what they enjoy doing I am a very hard worker and I do all I can to advance and grow. My trouble is I don’t have the cash flow to be able to do that. With some funds to back me I know I can grow this company and make a great company to work for as well as having us work for you.
-
Self Identified Competition
I honestly only have like two other companies in my area that are at my size level but as of now with the amount of work it doesn’t seem to affect the amount of work we have. One of my competitors is up in age and will be most likely retiring in the next year or two. The other is already much bigger than I am and we are not at the same level. So by funding me and helping me grow I believe I can grow and in time be as big as them if not bigger. I am a go getter and I just need some help to get me to that point. Like I had said earlier I took a cash advance and it crushed me and with help I can get rid of that and begin to grow.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
