Cellular Providers is one of the state’s leaders in the field of wireless communications services.
Cellular Providers is a distributor of AT&T and Sprint PCS services. The company was formed for the purpose of selling and distributing wireless communications services. Over the course of its existence, the professionals at Cellular Providers have been involved in selling cellular service and accessories. Cellular Providers carries the latest in wireless technology from two of the major wireless companies in the industry.
The company’s management philosophy is based on responsibility and mutual respect. Cellular Providers maintains an environment and structure that encourages productivity and respect for customers and fellow employees. Additionally, the environment encourages employees to have fun by allowing creative independence and providing challenges that are realistic and rewarding.
2.1 Company Ownership
The legal name of the company is Cellular Providers, LLC. The company was initially formed as a sole proprietorship by Jason Sanderson.
Cellular Providers was formed as a company committed to being on the cutting edge of wireless communications services. Cellular Providers was capitalized with financing arranged through first round investors in the amount of $50,000. These funds were used for acquiring inventory, developing equipment and a complete product and service line, and creating supportive marketing materials.
Jason Sanderson capitalized on the growing wireless communications industry to create a niche market for its services and accessories. Through its research and development, Cellular Providers has maintained a technological lead in the marketplace and provided the best quality care for the consumer. Today, revenue sources include the services, a full range of accessories, and a variety of phones.
2.2 Company Locations and Facilities
Cellular Providers’ leases its 1,000 square feet head office which has adequate office space to conduct its operations. At some point in the future, management expects to outgrow this office space. Additional office space will be sought at the appropriate time.
|Gross Margin %||43.00%||48.00%||52.00%|
|Collection Period (days)||0||0||0|
|Other Current Assets||$3,000||$1,500||$3,000|
|Total Current Assets||$228,156||$324,781||$390,706|
|Total Long-term Assets||$20,000||$35,000||$50,000|
|Other Current Liabilities (interest free)||$0||$0||$0|
|Total Current Liabilities||$14,700||$12,067||$18,097|
|Total Capital and Liabilities||$248,156||$359,781||$440,706|
|Sales on Credit||$0||$0||$0|