In other words, you`re asking for a very large sum, from what we`ve
seen so far, in relation to what you`re actually doing and what you
intend to do.
Let me phrase this down to it`s most simplistic and general basics, NOT
in any way to impugn you or your business, but only to demonstrate what
I`m seeing as the "core logic" of your proposition:
"I get a bunch of people to take care
of houses. I don`t do it myself, I hire people. I make it easy by
handling the hiring. Could you lend me a quarter of a million dollars
so I can do this better?"
I am not concerned about being "impugned". I am asking for critical feedback, and I thank you for giving it. Telling me what makes me feel good would only waste time and money.
The only part I would add to your ultra-reduction is that we also do the scheduling, supervision and assure the quality of work. Other than that, I think you hit the nail on the head.
I mentioned earlier that I am willing to start the business with much less money. The $200K figure came from other input that I was asking for too little to attract investors, so I designed in some steps that reduced the business risk. The actual lesser number is difficult to identify until loan terms are known, but it is probably in the neighborhood of $120K.
I spent quite a lot of effort, in response to your earlier suggestions, analyzing scenarios with fewer clients. In each of those scenarios, the point of business failure was predictable, but the exercise did uncover some areas of unrealistically high spending. That was beneficial.
Since you identified the size of the loan request as the fundamental problem, do you believe that the $120K with moderately high risk is more attractive than $200K with moderate risk?