M8 Transport LLC | Application Preview
M8 Transport LLC is seeking government grants to establish an employee benefits plan and enhance employee training, particularly in obtaining Class A CDL licenses. This initiative aims to improve workforce quality and enable the company to take on more projects.
The business plan outlines the acquisition of new equipment to broaden their operational capacity, with a vision to recruit additional drivers and purchase semi-tractors over the next five years for increased efficiency.
M8 Transport argues that funding them will benefit the community by providing stable job opportunities that allow individuals to achieve a decent standard of living.
In terms of competition, M8 faces three main rivals: We Move Trucks, Team Driveaway, and Bennett Driveaway. While these competitors operate in various regions across the U.S. and offer similar services, M8 differentiates itself through a strong commitment to exceptional customer service and a focused approach on driveaway services, avoiding the broader market distractions that other companies pursue.
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General Information
Business Registration Number: 80-2526601
Location: Caledonia, MI, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
M8 Transports plan for funding is to fund our employee benefits plan that we want to start as well as employee training to provide them with a class A CDL, enabling us to complete more work and find dedicated andhigh quality drivers.
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Business Plan
We plan on first purchasing equipment that will allow us to increase or work and expand our footprint. within the next 5 years we also look to acquire new drivers as well as purchase semi tractors to increase efficiency. The should invest in us because M8 will empower individuals in our community through providing consistent work that will allow them to make a decent living.
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Self Identified Competition
Our 3 main competitors are: We move trucks, team driveaway, and Bennet driveway. These companies are located in different areas of the US, but they all have the same goal- to move trucks. They offer liability insurance for their customers in the event of a reck. They all transport trucks with singles, doubles and even triples. some use dispatch operators as well. The main differences from our competitors is that we hold our drivers to a Strict 'wow' customer service attack when interacting with customers or individuals of the public. We also plan on foley focusing on the niche of driveaway service as opposed to driveway and other add on services that take away from the large customer base that the driveway industry offers.
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Contact Applicant
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