GRAPHIX MASTERS | Application Preview
GRAPHIX MASTERS is seeking government grants to recover from the impacts of COVID-19 and the ongoing recession. The company aims to hire a social media and online sales manager, with grant funds allocated to cover their payroll for the first year. This addition is crucial for expanding into online sales, an area currently untapped by the business, which traditionally operates as a regional brick-and-mortar location.
The business plan focuses on diversifying revenue streams by leveraging existing equipment to reach a larger audience online. Unlike larger competitors, GRAPHIX MASTERS emphasizes its commitment to providing personalized customer support, a service that has diminished in larger retail chains. They create customized advertising solutions and proudly manufacture their products in the USA.
In terms of competition, the company faces challenges from local businesses such as Ottumwa Tent and Awning, Foudree Graphics, and Schroders Sign and Graphics. However, their competitive edge lies in offering a broader selection of custom products and exceptional customer service, positioning them as a strong alternative in the market.
-
General Information
Business Registration Number: 45-4260516
Location: Ottumwa, IA, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
-
Funding Usage
We were hit pretty hard after covid and this recession we are currently experencing. I would like to add another employee for social media/online sale manager and need enough funds to ensure their payroll is met for the first year. The new revenue stream would allow us to diversivy into a market that we currently haven't utilized.
-
Business Plan
We want to push into the online sale space. We currently are only a brick and mortar location selling regionally. We have all the equipment, we just need a bigger audience. We provide small town direct to the customer support, which has been lost on most big box places. We can make any of your business advertising needs. And it's made in the USA.
-
Self Identified Competition
Ottumwa tent and awning, Foudree Graphics, and Schroders Sign and Graphics We offer a larger selection of custom items and strive to be the best in customer support in the area.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
