Logoworks | Application Preview
Logoworks is seeking government grants to pay off financed equipment and consolidate debt while financing a lease for warehouse and retail space. The business plans to expand its operations into a larger facility, which will allow for additional hiring and enhanced advertising efforts.
The applicant brings 30 years of industry experience, emphasizing knowledge of efficient order processing that maximizes profit and minimizes errors. Logoworks has built a strong reputation for delivering high-quality work and ensuring customer satisfaction with every order. The company plans to offer a range of services, including embroidery, screen printing, heat-pressed vinyl, and promotional products.
In terms of competition, Logoworks faces one large, established competitor providing similar services, along with several smaller shops that focus on either screen printing or embroidery. A new shop has also opened, specializing solely in screen printing.
Logoworks' competitive advantage lies in its diverse offerings of decoration techniques, setting it apart from many local shops that typically provide just one type of service. The funding will help solidify its position in the market and support its growth objectives.
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General Information
Business Registration Number: 46-2788916
Location: Newark, DE, United States
Length of Operation: 6-10
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
Would like to pay off financed equipment and consolidate debt. Would like to finance lease for warehouse/retail space.
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Business Plan
Expanding into a larger space and gaining the ability to employ workers, lease warehouse/retail space. Advertising and sinage. I have been working in the industry for 30 years and have seen many different operations work. I know the best ways to take incoming orders to ensure profit and reduce errors. I have strived to achieve a strong reputation in this industry for having a high standard in my work, and guaranteeing the satisfaction of my customers, on every order. We will offer embroidery, screen printing, heat pressed vinyl and promotional products.
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Self Identified Competition
There is one large, established company, who would offer the same services, in the area. There are a few smaller shops that offer either screen printing or embroidery, but not both. There is one new shop in town that is an expansion of an established business in Wilmington, De. who offers only screen printing. We will offer multiple different types of garment and promotional product decoration. Most other shops offer only one type of decoration.
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Contact Applicant
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