It is an honor and privilege to have the means and resources to deploy opps4vets and provide a means for those that have endured the painstaking process to secure the VA CVE vetting process, I consider that our second rites of passage.
It is my vision to continue to design and deploy opps4vets as our self-funding tool to ensure we leave no one behind. It takes Courage, Valor and Experience to consider starting your own business. It comes with many risks and challenges and the greatest demand to access affordable working capital to maintain financial stability with the intent to secure contracts by connecting and result in job creation.
This is our beginning and first FragO and introduction to ALVET 1-17. In concert with the Marine Corps FragO template, below is our five paragraph order compose by fellow opps4vets member Castle Defense LLC.
Situation – Castle Defense is in need of working capital to keep a good bank account balance to show financial stability to the entities requesting their types of services, cover everyday operational costs and hire at least one person to help with marketing. This will also help them be more competitive while bidding on government contracts. This working capital is a requirement to purchase equipment, licensing, professional certifications and offset financial shortfalls and will allow them to continue to conduct daily operations for opps4vets member Timothy Easton profile link https://www.vip.vetbiz.gov/Public/Business/ViewBusiness.aspx?Duns=079559751
Mission – Deploy a call to action to fellow opps4vets members to pledge funds to support the working capital requirement of $10,000 in support of the situation. This is going to support a Service Disabled Veteran Owned Small Business, trying to get a foothold in the security industry.
Execution – Deploy FragO 1-17 with the intent to achieve mission in two phases. Phase I, secure $5,000 in pledges by May 1, 2017. Phase II, secure $5,000 in additional pledges by June 1, 2017. Phase I and II ENDEX June 30, 2017. Once funding is received, it will be immediately utilized to cover insurance, resolve outstanding balances, build a business bank account balance hire more staff and register for upcoming networking events.
Administration & Logistics – Track and account for all pledges and fund disbursements using the Carol A. Grice Trust Fund and annotate the profile of a contributing opps4vets member to document amount contributed and date of amount paid back. Produce a process and timeline that is met and clearly on how funds are paid back and in what amount and increments. As the funds are being used, an itemized list of funds will be produced and shared with contributors. Castle Defense has agreed to have all funds paid back within a year and will begin to pay it back in $50 increments starting on July 1, 2017, sooner if other funds become available. The priority of payback will be the FIFO rule first in first out. Castle Defense LLC will make all payments to the Carol A. Grice Trust fund and opps4vets will have the responsibility to pay everyone back with the payments made by Castle Defense.
Communication and Signal – The opps4vets platform is the primary source communication and logistics to receive, disburse and pay back all funds. There are no fees except for credit card merchant fees and will be deducted from the contribution. For example, depending on type of credit card, the typical merchant fee is 3% plus 30 cent per transaction. A $20 contribution will look like this after merchant fees $19.10; however, $20 will be paid back. The communication will be posted on the opps4vets ALVET forum for all members to view and track and to ask questions and provide feedback.
4. The intent of this communication is to introduce a self funding means for our community. Working capital programs have a minimal 5% use fee opps4vets does not assess any fees. As a community of CVE verified members, we represent Courage, Valor and Experience™ and our actions will be witnessed by many as we define the true meaning of a Band of Brothers and Sisters.
5. We must be willing to cross the line together so that each and everyone of us refuse to fail and define our trust in each other. Service never ends for Veterans. Semper Fi, Albert R. Renteria, CWO-4 USMC RETIRED, opps4vets founder.
