Logia Logistics | Application Preview
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General Information
Business Registration Number: Not yet registered
Location: Chattanooga, TN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
I will use these funds to purchase the necessary materials needed to run the business. Warehouse space, trucks, pallets, pallet jacks, and other similar things.
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Business Plan
My plan is to franchise my idea once the proof of concept is done. I am working with a company that specializes in franchise based expansion. I am creating a non-profit organization that will do many great things all in one streamlined process. The basic concept is taking usable goods out of retail waste streams and turning them into revenue streams for worthy non-profits. The process includes running a digital storefront to sell donation tokens that can be redeemed for available merchandise. This will create a self sustainable model for the Logia. After a set time the goods would then be directly donated to a list of local non-profits. In addition we will be providing logistics support to all the local non-profits for a very minimal cost. This will allow the community to accept donations that they normally couldn't. I will also create a deal with retailers to purchase goods at a greatly reduced cost and run that through the process. This creates incentive for the stores as they can greatly reduce their markdown budgets while helping a good cause. They could mark any reduction in cost as tax deductible donations instead of loss.
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Self Identified Competition
At this point I have no competitor. The closest I have is goodwill but they are actually cooperative as they are going to receive a good amount of the donations that don't sell well on a digital front such as furniture. I will also be donating cash to them from the resulting funds. We are a logistics service at heart. This makes us much more adept to ecommerce. We also plan to bring the community together by dealing with government, non-profit and for profit organizations and helping to meet everyone's needs. The ultimate goal is to create a better sense of community and open lines of communication.
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Contact Applicant
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