Garrick Williams
Stone Mountain, GA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Wit Solutions, Inc.
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Startup
Location:
Stone Mountain
Industry:
Invention
Year Founded:
2013
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"S" Corporation
Description:
Many Business Plans are produced in the U.S. annually. Rarely does a business opportunity emerge that has the potential to be a national force in the Fire Detection Industry within just a few years. That is precisely the potential of the business that you are about to learn about. It is the result of years of intensive research and exploration by the Founder and the resulting business model and its potential are significant by any standard. The emerging business we are speaking of here is named WIT Solutions, Inc.
Almost all households in the U.S. have at least one smoke alarm, yet in 2014, no smoke alarms were present or none operated in almost half (46%) of the reported home fires. (Homes include one- and two-family dwellings, apartments, and manufactured housing.) During the same period, 43% of all home fire deaths resulted from fires in homes with no smoke alarms, while 22% resulted from homes in which smoke alarms were present but did not operate. The death rate per 100 reported fires was twice as high in homes without working smoke alarms as it was in home fires with this protection. If all homes had working smoke alarms, an estimated 890 lives could be saved annually, or just under one-third the annual fire death toll.
Two-thirds of the smoke alarms in reported non-confined home fires were powered solely by batteries. The rest split evenly between hardwired only and hardwired with battery backup. More than half (54%) of the smoke alarm failures were due to missing or disconnected batteries; 19% were due to dead batteries. Nuisance alarms were the leading cause of disabled alarms. Hardwired devices accounted for 29% of the smoke alarms in non-confined fires but problems with the hardwired power source caused only 7% of the smoke alarm failures.
Of even greater significance – and the focus of our firm – is the deaths that occur because the occupants were ‘alarmed’ but failed to escape because they could not locate a safe exit. That loss of life is the specific focus of our Company and our Products are aimed at solving that problem.
This Product is Patent Pending [#62576476] and should literally take the Fire Safety Industry by storm.