Finalist:
John Sullivan
The Company:
WellMasters
www.wellmastersinc.com
Why They Entered the Contest:
We intend to be the best drilling services company in Florida, but first need to increase profits and productivity. In order to this, we need a new business plan for the coming years. Download Their Essay
The Good:
WellMasters has established itself as a water-drilling company in the industrial, commercial, and municipal markets, and has the capability to grow 20 percent annually.
The Bad:
Since purchasing the company more than 18 months ago, the owners have yet to make a profit.
The Bottom Line:
WellMasters believes the barriers to growth and profitability are new equipment and finding the right personnel. We think having a forward-thinking business plan would also help.

