The Bath Planet of Arkansas LLC | Application Preview
The Bath Planet of Arkansas LLC is seeking government grants to support its business during recent economic challenges. The funding will primarily be used to retain its current workforce, which is vital for maintaining business operations. The company has faced interruptions in its production process due to customers postponing projects, leading to increased material costs that pose a financial risk. Grant funding would help stabilize their operations and financial situation.
Over the next five years, Bath Planet plans to expand its services across Arkansas and open a third location in northwest Arkansas. This expansion is intended to enhance customer experience through physical showrooms, which have proven effective in boosting sales and credibility. The business maintains a commitment to supporting other small businesses in the state while prioritizing exceptional customer service.
Bath Planet sets itself apart from major competitors like Bath Fitter, Re-Bath, and American Standard by emphasizing superior customer service. They offer a one-year price guarantee to combat impulsive decisions and a compensation policy for late appointments. The company’s independent ownership enables them to respond quickly to service requests.
Bath Planet products have received recognition from the Good Housekeeping Institute, earning the Good Housekeeping Seal, which includes a two-year replacement or money-back guarantee. This distinction enhances customer trust and positions Bath Planet as a leader in the bathroom remodeling industry, focused on delivering high-quality products and experiences.
-
General Information
Business Registration Number: 46-4746157
Location: Hot Springs, AR, United States
Length of Operation: 6
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
-
Funding Usage
The usage for the funding will be used initially to conserve the existing employees working status. Our employees are essential to the success of our business because of the care put into their positions and we will do anything we can to keep them working. Due to recent health concerns, some of our customers have postponed their projects. Because of this, our first-in-first-out production process has been interrupted so much so that the cost of the materials are becoming a risk to our business before we are able to receive payment for these projects. Funding would help the company get back to our process for stabilized financials in this area.
-
Business Plan
In the next five years our plan is to continue our expansion. We currently serve the entire state of Arkansas. Very few businesses in our line of work cover this large of a territory. In efforts to properly utilize this service area, we plan to open a third location in northwest Arkansas. It has proven beneficial to have brick and mortar stores for our customers to see the product first hand and it ads a level of credibility that has proven to yield much higher sales percentages for our consultants. Along with having showroom locations in three prominent areas of the state, our employees will grow with this expansion. Investors should invest in us because our mission is to continue to grow, while supporting other Arkansas small businesses. Although in construction problems arise, we pride ourselves in putting customer service first and that has allowed us to earn an A+ rating with the Better Business Bureau. Bath Planet of Arkansas is locally owned and operated and we strive to provide the best products to our customers with the best service anywhere. Every year our company has lowered company liabilities and increased overall profit percentages. This while continuing to expand our footprint in the state has allowed us to gain a large portion of the market segment in our industry and grow stronger as a brand.
-
Self Identified Competition
Our top three competitors are Bath Fitter, Re-Bath, and American Standard. The main difference that sets us apart from our competition is the quality of our customer care. Along with this is that Bath Planet of Arkansas guarantees our pricing for one year and honors this promise. Due to the high-pressure nature of our business, to further protect our customers from making impulse decisions, we offer this price guarantee unlike our competitors. Also, we respect our customers time so much that if one of our contractors are late for an appointment, the customer gets compensated with $100 check with no questions asked. The fact that our company is independently owned, allows us to service our own products. Many other companies don’t treat service requests with the appropriate urgency and we will respond in a timely manner to any service issues. Bath Planet products have been evaluated by the Good Housekeeping Institute and have earned the Good Housekeeping Seal. The Seal provides a two-year replacement or money-back guarantee so that our customers have the assurance and peace of mind that Bath Planet is a most trusted brand. The distinction puts both our products and our services above the rest of the industry. We are committed to delivering the best product, the best service, and the best overall experience in the bathroom remodeling industry.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
