FRANKLIN BUSINESS INCUBATOR

TENANT APPLICATON

 

 

I.          General Information

Business Name: _________________________________________________________

Date Formed: _____________________Taxpayer I.D. #: ________________________

Current Business Address:                                                                                                   

Telephone: (H) ________________ (W) ________________ (Cell) ________________

E-mail: ____________________________ Website: ____________________________

Current Business License?   ____ Yes         ____ No

If yes, locality: __________________________________________________________

Business Structure:    ___ Individual/ Sole Proprietor            ___ Corporation

___ LLC          ___ Sub S Corp.         ___ Non-Profit Org.     ___ Partnership

 

Principal Business Owner(s) (Use additional pages if required)

 

Name: ____________________________ Phone: _____________ Ownership %: ____

Address: ______________________________________________________________

City/State/Zip: __________________________________________________________

Name: ____________________________ Phone: _____________ Ownership %: ____

Address: ______________________________________________________________

City/State/Zip: __________________________________________________________

Name: ____________________________ Phone: _____________ Ownership %: ____

Address: ______________________________________________________________

City/State/Zip: __________________________________________________________

 

            Is business currently in operation?

            ____ Yes         If yes, year business founded: ____________

            ____ No           If no, where are you employed? _________________________________ 

                       

            Do you have a business plan?

 ____ Yes        If yes, please attach business plan

 ____ No*        If no, when do you plan to have one completed? ____/____

*Note: No application is complete without a business plan.

 

            Do you have general liability insurance coverage?

            ____ Yes         If yes, name of company:                                                                              

            ____ No

 

II.         Information on Business Product/Service

 

Briefly describe your product or service:

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

 

Briefly describe the market for your product/service (your target customer):

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

            In what geographic area(s) are the majority of your customers located?

                                                                                                                                               

                                                                                                                                               

 

            Who are your competitors?    (Name at least two)

                                                                                                                                               

                                                                                                                                               

 

            Why do you think you have a competitive advantage?

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

            How do you (or plan to) market and distribute your product or service?

            ____ Direct Mail          ____ Personal Contacts Made by Owner

            ____ Sales Force       ____ Publication Advertising

 

 

III.        Business Experience

 

Describe your experience that relates to your product/service and the length of that experience (attach resume if available):

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

List the names and titles of any other officers or key personnel (attach resumes if available):

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

IV.        Business Service Needs

 

Telecommunication needs:

How many phone lines? ______

How many internet access connections? ______

What types of support services are you interested in?

____ Receptionist       ____ Secretarial /Word Processing

            ____ Copier                ____ Fax Machine

            ____ Mail Handling      ____ Conference Room

            ____ Computer           ____ Other

            Do you currently have an accountant?           ____ Yes         ____ No

            Do you currently have an attorney?                ____ Yes         ____ No

            Do you need management assistance?        ____ Yes         ____ No

            If yes, what type?                                                                                                                   

            Do you need marketing assistance?              ____ Yes         ____ No

            If yes, what type?                                                                                                                   

 

All tenants will be assigned a three-member advisory board of local business professionals. What areas of expertise would you be interested in having represented on your advisory board?

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

 

V.         Facility Requirements

 

Are you currently occupying a facility (either in your home or at a commercial location)?

            ____ Yes         ____ No          

            If yes, what is the current square footage?

Office: ______ Sq.Ft.   Manufacturing: ______ Sq.Ft.

            What is the approximate monthly cost for this facility? 

Rent:   $__________   Utilities: $__________

            How many square feet of space does your business require?

            Office: ______ Sq.Ft.  Manufacturing: ______ Sq.Ft.

If you require manufacturing space, describe machinery and equipment to be located on the premises and what service support is needed to maintain this equipment (i.e., electric load, venting and cooling).

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

            If accepted as a tenant, when would you want to start occupancy in the facility? ____/____

            How many employees will be occupying the space?

                                    Current                        1 Year              2 Years           

            Full-time          ______            ______            ______                       

            Part-time         ______            ______            ______                       

            Total number of employees employed by your business: ______

 

VI.        Other

 

            How did you learn about the Franklin Business Incubator?

                                                                                                                                                           

                                                                                                                                               

                                                                                                                                               

 

How do you think your participation in the Incubator will benefit your business?

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

 

VII.       Business Financial Information

 

            Initial Capitalization: (Check One)

____ Less than $10,000                     ____ $50,001 to $100,000

____ $10,001 to $25,000                    ____ $100,001 to $500,000

____ $25,001 to $50,000                    ____ Over $500,000

            What are your projections for total gross sales volume?

            Year 1: $__________  Year 2: $__________  Year 3: $__________

 

            What is the amount and source of financing for operating your business?

____ Existing Loan(s) Amount: $__________

____ Cash/Equity       Amount: $__________

____ Other                  Amount: $__________

____ Operating Expenses are/will be covered by sales

 

Are you currently seeking additional funding for your business?

____ Yes         ____ No          

If yes, please state amount of funds needed: $__________

Where do you plan to obtain these funds? ____________________________________

 

Please list your personal or business’s bank information as follows:

Bank Name/Branch                Phone #           Account #        Representative’s Name

______________________________________________________________________

______________________________________________________________________

______________________________________________________________________

VIII. References

 

            Please provide three (3) professional references as follows:

            Person’s Name           Address/City/State                              Phone #                      E-mail  

                                                                                                                                                           

                                                                                                                                                           

                                                                                                                                                           

 

 

I, the undersigned, am applying for admission to the Franklin Business Incubator. I understand that the information contained in this application will be held in the strictest of confidence. I understand that, as a part of the screening process, my credit history and financial references may be investigated. By signing this document, I give authorization to the Small Business Development Manager to do so. I understand that this application is subject to review in all areas and in no way guarantees my admittance to this program and that no liability will be assumed by the Franklin Business Incubator.

 

Signature:                                                                                            Date:                                      

 

Revised 1/14/09