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February 7, 2025, 9:24 pm UTC

Bad Axe Tool Works LLC 036-1031173460-02 | Government Grant Application

Bad Axe Tool Works LLC | Application Preview

  • General Information

    Business Registration Number: 036-1031173460-02

    Location: DULUTH, MN, United States

    Length of Operation: 1-5

    Number of Employees: 1-10 Employees

    Annual Gross Income: $250k to $500k

    Annual Gross Expense: $250k to $500k

    Open to Loans: YES

  • Funding Usage

    We would use this money to buy a water jet machine and get it up and running. This would save us almost $20,000 a year. We would also use this money to change our website and advertise our product. Ordering on our old website was slow but our new website still needs a wordsmith to finish everything and fix errors.

  • Business Plan

    Bad Axe Tool Works is a saw making shop dedicated to crafting exceptional handcrafted saws. Our strategic objective over the next five years is to enhance our production capabilities by bringing water jetting, surface grinding, handle making, and finishing processes in-house. This expansion plan is designed to optimize our operations, reduce costs, and increase profits. By streamlining our production processes and eliminating outsourcing expenses, we expect to achieve significant cost savings while maintaining the superior quality that our customers value. With our team of six skilled employees and a strong reputation in the industry, Bad Axe Tool Works is well-positioned to capitalize on these operational improvements, driving sustained growth and improved profitability. Investing in Bad Axe Tool Works is not only a smart financial decision but also an opportunity to support a company that embodies diversity, inclusivity, and a commitment to employee well-being. Here's a persuasive argument highlighting the reasons why investors should consider investing in us: Commitment to Diversity and Inclusivity: Bad Axe Tool Works proudly stands as a woman and LGBTQ+ owned business, reflecting our dedication to diversity and inclusivity. By investing in us, you will be supporting underrepresented entrepreneurs and fostering a more equitable business landscape. This commitment to diversity brings unique perspectives, fosters innovation, and enhances our ability to connect with diverse customer bases. Strong Business Performance and Growth Potential: Bad Axe Tool Works has established a solid reputation for crafting high-quality handcrafted saws. Our exceptional craftsmanship, attention to detail, and customer-centric approach have driven customer loyalty and market recognition. With our planned expansion of in-house capabilities, we anticipate increased efficiency, cost savings, and improved profit margins. This growth potential makes us an attractive investment opportunity. Exceptional Employee Benefits and Well-being: We prioritize the well-being of our employees by offering outstanding benefits and creating a supportive work environment. Our employees enjoy competitive compensation packages, comprehensive healthcare coverage, retirement plans, and opportunities for professional development. By investing in us, you are investing in a company that values its employees, leading to higher job satisfaction, productivity, and ultimately, business success. Social Responsibility and Sustainability: Bad Axe Tool Works is committed to social responsibility and environmental sustainability. We strive to minimize our ecological footprint by using responsibly sourced materials and implementing eco-friendly practices. By investing in us, you contribute to a business that aligns with ESG (Environmental, Social, and Governance) principles, appealing to socially conscious consumers and investors alike. Market Demand and Competitive Advantage: The demand for high-quality, handcrafted tools is steadily growing, driven by the resurgence of artisanal craftsmanship and the appreciation for superior products. Bad Axe Tool Works is well-positioned to meet this demand with our exceptional saws and expanded in-house capabilities. Our focus on traditional craftsmanship, customization options, and outstanding customer service gives us a competitive advantage in the market, setting us apart from mass-produced alternatives. Track Record of Success and Experienced Management: Our track record of success, combined with our experienced management team, instills confidence in our ability to execute our expansion plans effectively. We have a proven ability to adapt to market trends, innovate, and deliver consistent results. With our team's expertise and dedication, we are well-equipped to capitalize on growth opportunities and maximize returns on investment. By investing in Bad Axe Tool Works, you not only support a financially promising venture but also contribute to the advancement of diversity, inclusivity, and employee well-being. Together, we can drive profitability, social impact, and sustainable growth.

  • Self Identified Competition

    Lie-Nielsen Toolworks and Rob Crosman Unmatched Craftsmanship: Bad Axe Tool Works stands out from the competition with our unwavering commitment to exceptional craftsmanship. Every saw we produce is a testament to our dedication to quality, precision, and attention to detail. Our team of skilled artisans combines traditional techniques with modern innovations, resulting in saws that surpass industry standards. By investing in Bad Axe Tool Works, you align yourself with a company that sets the benchmark for craftsmanship in the industry. Customization and Personalization: We understand that discerning woodworkers and artisans have unique preferences and requirements. That's why we offer a range of customization options, allowing our customers to tailor their saws to their specific needs. From handle materials and finishes to tooth configurations, each saw is meticulously crafted to meet individual preferences. This personalized approach sets us apart, ensuring that our customers receive tools that are perfectly suited to their projects. Customer Satisfaction: At Bad Axe Tool Works, customer satisfaction is at the core of everything we do. We believe in going above and beyond to exceed our customers' expectations. From the moment they place an order to the final delivery, we provide exceptional customer service, prompt communication, and reliable support. Our commitment to customer satisfaction has earned us a loyal and growing customer base, and investing in Bad Axe Tool Works means investing in a company renowned for its dedication to exceptional customer experiences. Sustainable and Ethical Practices: As a responsible business, we prioritize sustainable and ethical practices throughout our operations. We source our materials from reputable suppliers who adhere to responsible forestry practices. Our commitment to sustainability extends to our manufacturing processes, where we strive to minimize waste and energy consumption. By investing in Bad Axe Tool Works, you join us in our mission to create exceptional tools while preserving the environment for future generations. Fantastic Employee Benefits: At Bad Axe Tool Works, we firmly believe that our employees are our greatest asset. We provide a supportive and inclusive work environment that fosters creativity, personal growth, and job satisfaction. As a Woman and LGBTQ+ owned company, we champion diversity and equality, ensuring that every team member feels valued and empowered. We offer competitive compensation packages, comprehensive healthcare benefits, ongoing training and development opportunities, and a healthy work-life balance. By investing in Bad Axe Tool Works, you contribute to our commitment to building a thriving and fulfilled workforce.

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