Safety Glasses USA, Inc. | Application Preview
Safety Glasses USA, Inc. is seeking government grants to fund the development and marketing of its newly approved METEL safety eyewear and SOLECT sunglasses, along with staffing for sales and marketing efforts. The company aims to expand its business over the next five years by launching these new brands and continuing to offer popular safety products from established manufacturers.
To support this growth, Safety Glasses USA is building a robust sales team focused on identifying customers in need of safety products. The funding is expected to enhance brand development, stimulate revenue growth, and create new job opportunities.
The competitive landscape includes major players like Amazon, Full Source Safety, and Tier 1 safety distributors. While Safety Glasses USA sells on Amazon, they face significant profit margin reductions due to associated fees and competition from lower-priced options that lack customer service and product knowledge.
The company's competitive advantage lies in over 22 years of industry experience, strong relationships with vendors, superior product knowledge, and exceptional customer service, including in-person support. They also pride themselves on efficient order processing and shipping, setting them apart from competitors. Approval of the grant would significantly contribute to the company's growth and ability to provide quality services and products.
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General Information
Business Registration Number: 364509336
Location: Three Rivers, MI, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $1M to $10M
Open to Loans: NO
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Funding Usage
To develop and market new styles for our newly approved trademarks of METEL safety eyewear and SOLECT sunglasses, as well as staffing support for those sales and marketing.
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Business Plan
We plan to grow our business over the next five years by launching and expanding our new METEL Safety Eyewear and SOLECT Sunglasses brands. In addition, we will continue to expand our offering of top-selling safety products from established brands. We're also building an aggressive sales team to identify and help customers who need our safety products. Investing in Safety Glasses USA will help us build our brands, generate revenue growth, and increase profits. In addition, these conditions will allow SGUSA to grow and add new jobs.
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Self Identified Competition
Amazon, Full Source Safety, and Tier 1 safety distributors are our top three competitors. We do sell on Amazon as well, but by doing so, our profit margin is reduced by at least 15% for their fees, and we are selling the same products that others list for pennies on the dollar but don't offer customer support or actual product knowledge. We have been in the business for over 22 years, so we have the name recognition in the industry. We have an excellent working relationship with all of our vendors. We provide a high level of product knowledge compared to our competitors and offer in-person, live customer service phone support. We also have a long track record of fast order processing and shipping.
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Contact Applicant
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