South Broad Business Initiative Application

SBBI Type

Team Members

Please tell us who from your company/organization will be participating in the program. You'll be the primary point of contact so please enter your information first. Then you can add as many team members as you want up to 5 (but be sure to only include those who will actually be involved in your interaction with Propeller, not everyone who works for you).

Your First Name

Your Last Name

Preferred phone number for all future Propeller communications:

Preferred email address for all future Propeller communications:

Please note the questions below are for your personal information, not your business.

Street Address

City

State

Zip Code

(Optional) If you would like to share your resume, please upload it here:

Would You Like To Add More Team Members?

	Their First Name	Their Last Name	Their Email Address
Additional Team Member

Application Narrative

What does your business do? Describe your mission.

What is the demographic makeup (best guess) of your customers based on the following characteristics: race/ethnicity, gender, age, income level?

(Optional) Please upload any additional documents (i.e. budget, testimonials, business plan, etc.) that you think would improve your application

Financials

What was the total income of your business over the past 12 months?

Based on your 12-month income entered above, your average monthly income is: $

Does this average monthly income look correct?

YesNo

If this monthly income does not look correct, please explain why here:

What were key revenue drivers for your business during the last 12 months?

What were the total expenses of your business over the past 12 months?

Please describe the major expenses for your business during the last 12 months?

Project your revenue over the next 12 months

Project your expenses over the next 12 months

What are the major opportunities and challenges that you see to hitting these financial targets?

How much of their own money did all of the founders put into the business during the following time periods:

	Amount in Dollars
Past 12 months	$
Since Founding	$

How much did your business borrow during the following time periods:

	Amount in Dollars
Past 12 months	$
Since Founding	$

From which sources has your business obtained borrowed funds?

Employment

How many employees currently work for your business, not including yourself?

	Number of Employees
Full Time
Part Time
Independent Contractors

Is this business your full-time job/primary source of income?

YesNo

If no, how many hours do you work on your business per week on average?

Are you planning to hire additional staff in the next year?

YesNo

If yes, are these full-time employees or independent contractors?

Full-time employeesPart-time employeesIndependent contractors

How many full-time employees do you plan to hire in the next year?

How many part-time employees do you plan to hire in the next year?

How many independent contractors do you plan to hire in the next year?

Community Impact

How has your business given back to your local neighborhood/community? What has been the role of your business in your neighborhood/community?

How do you foresee your business contributing to your local neighborhood/community in the future? What role do you see your business playing your neighborhood/community in the future?

Commitment

The South Broad Business Initiative is a 5-month program offering business owners of color located in South Broad Commercial Corridor with comprehensive strategic planning and technical assistance. In order to gain the full benefits of this program, you will need to commit to:

A 5-month program.
Meetings with a business mentor 2-4 times per month.
Completing action items in advance of the meetings.
Providing financial and satisfaction data in the form of survey responses about your business for the duration of the program.
Working 10-15 hours/week on action items directly related to growing your business.

Will you be able to commit to the above categories and participate in the South Broad Business Initiative?

YesNo

If you selected no, which items are you able to commit to?

Contact Information