Pak it Rite | Application Preview
Pak it Rite is seeking government grants to enhance their retail offerings with more local products, invest in marketing efforts to boost revenue, and eventually contribute to the community through sponsorships and donations. Their five-year growth strategy focuses on excellent customer service, diverse advertising methods including online platforms and local media, and active participation in the local chamber of commerce and community events. By incorporating more local products, they aim to not only elevate their business but also support other small businesses in the area.
The proposal argues that investors should support this small, family-run business dedicated to improving the community. Pak it Rite emphasizes its commitment to trustworthy and efficient service, specializing in shipping through USPS, UPS, and FedEx while showcasing local artists' products.
In terms of competition, Pak it Rite faces three major shipping stores and one locally owned competitor. Their competitive advantage lies in being the only location offering shipping through all major carriers, along with display screens that allow customers to easily compare shipping options, costs, and delivery dates, empowering them to make informed choices.
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General Information
Business Registration Number: 604-986-825
Location: Wenatchee, WA, 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
We would use the funds to expand our retail with more local items. We would also use the funds to market our business to help generate revenue. Once our business is profitable we would love to give back to our community by sponsorships and donations.
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Business Plan
Our 5 year growth plan is to continue to provide excellent costumer service, we plan to advertise in different ways (online, radio, local coupon books etc) and grow our name in the valley. We will be joining our local chamber of commerce and support community events. We plan to bring in more local products to not only increase our business, but also increase other small businesses in our area. Investors should invest in our small business as we are a small family ran business that has a main goal of bettering our community. We strive to provide the best costumer service that is trustworthy and quick. We specialize in packing and shipping through USPS, UPS and FedEx. We love to support local artists and entrepreneurs by selling their goods.
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Self Identified Competition
Our top three competitors are the other three shipping stores (Post office, UPS Store and FedEx). There is one other locally owned shipping center - Mail it Your Way We differ from our competitors by being the only place in town that customers can ship through all USPS, UPS and FedEx. We have display screens that show the customer all of their shipping options so that they get to choose the provider, delivery date and how much they would like to spend on the shipping.
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Contact Applicant
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