Ship Mate | Application Preview
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General Information
Business Registration Number: 230475998
Location: Clatskanie, OR, 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: NO
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Funding Usage
Pay off high interest personal loan used to establish business and obtain infrastructure, increase our computer workstation rental units, hire employees, and pay for advertising.
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Business Plan
I plan to incorporate local artists on consignment to increase foot traffic and sales, add more computer workstations, begin marketing and local advertisements to broaden our customer base, hire employees to enable mobile notary services with a 7 day work week, and offer seasonal services like giftwrapping. With plans in motion to obtain a relationship with USPS to offer mailboxes. I believe there is a high demand for our services in the local area as there are currently no other offerings within 30 miles. Our goal is to build a local reputation of reliable, quality services and exquisite products that will in turn create repeat clientele and endless referrals among the “small” town. Plans are set to grow into a multi-employee business by the end of 2025 all of which will be certified notaries and a part of our signing service.
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Self Identified Competition
Ship Mate will be a part of the postal service and notary industries. Currently there are two locations in the town of Clatskanie that offer some of these services. Hi-School Pharmacy offers UPS drop-offs, passport photos, photo printing, and fax & copy services (.60/pg). HSP’s service counter is located at the far end of the store where there is normally not an associate and is very inconvenient. USPS offers USPS drop-offs from 8:30-5 closed Saturday and Sunday no passport or finger printing services are offered here. Library does not offer printing services. There are no local notaries. The postal industry revenue has declined at a CAGR of 1.4% over the past five years, to reach an estimated $79.8bn in 2024. This decline is mainly due to the rise of online e-commerce and decline of snail mail. With shipping and packaging services allotting for 45% of the industry’s revenue and the lack of overhead Ship Mate will have, I believe we will thrive in their downfall. The global mobile notary public market is expected to reach a market valuation of US$ 347.2 million by the year 2023, accelerating with a moderate CAGR of 18.4% from 2023 to 2033. Mobile notary public market size is anticipated to be valued at about US$ 1,885.3 million by 2033. Ship Mate has the following advantages compared to competitors • Extremely convenient one stop shop for all needs and services. • Fast, Reliable, and Quality, Services and Products. • Up to date resources, google listings, and websites that are easy to navigate and comprehend. • Face-to-face friendly & professional interactions with customers with prompt and knowledgeable employees. • All our staff members have at least some college education and a customer service background. Notarial training, background checks, E&O insurance, and in-depth training will be required.
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Contact Applicant
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