CJ Transport llc | Application Preview
CJ Transport LLC is seeking government grants to address current financial challenges in their trucking business. The funds will be used primarily for employee salaries and necessary equipment repairs. With the market conditions affecting operations, employee retention is at risk due to wage concerns, and timely payments are crucial to maintaining their workforce.
Over the next two to three years, the business plans to expand by acquiring more equipment and hiring additional drivers. However, growth is contingent on securing financial support, as the cost of competing with larger trucking companies is significant.
The company emphasizes the importance of this funding as larger competitors often push small businesses out of the market. CJ Transport is committed to overcoming challenges and believes that with financial assistance, they can sustain operations, support their employees, and pursue growth. They feel their need for funding is critical to remaining competitive in an industry dominated by larger firms.
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General Information
Business Registration Number: 912367
Location: St. Cloud, MN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Employees payment, equipment repairs, the trucking business is not looking good, do to that employees want to get paid the same or they will leave to find better paying jobs, and we need to pay this drivers and keep the company running, and hopping the market gets better. As of today we are running low on funds, and in need of any help we can get.
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Business Plan
In the next 2 to 3 year we are planning on getting more equipments, and hire more drivers, but for us to grow we need all the help we can get, it’s very difficult and expensive to keep up with this big trucking company’s. Bigger companies are doing everything in their power to get rid of all the small companies, and we are doing everything we can to stay in business. Our plan is to grow and face all the challenges head on, and for us to do that we need the help to keep our employees, and keep the company running strong.
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Self Identified Competition
All bigger trucking companies. Well all my competition have the founding they need to keep their company’s business going.
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Contact Applicant
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