Cedar Sense | Application Preview
Cedar Sense is applying for government grants to enhance its operations. The funding will primarily be used for expanding inventory and upgrading equipment, which will support the growth of their sign manufacturing division.
The business plan outlines the introduction of new product variations in their cedar product line, as well as plans to increase their workspace and improve machinery for more efficient sign production. Cedar Sense is also targeting new markets to foster overall growth.
The company is positioned in a unique niche market, focusing on cedar products, and stands out as one of the limited manufacturers that produces these goods in the USA, as opposed to competitors who source from China. This domestic manufacturing gives Cedar Sense a significant advantage, particularly with American consumers.
Their competition includes Cedar Space, AcmeTop, and Signarama. However, Cedar Sense's competitive edge lies in its commitment to American-made products, which eliminates lead times and shipping issues commonly faced by rivals. Furthermore, while many sign makers avoid wood to reduce costs, Cedar Sense caters to customers willing to invest in high-quality wood signs, solidifying their position in the market.
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General Information
Business Registration Number: 84-3337911
Location: Waubun, MN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
We plan on using this funding for inventory and for upgrading our equipment so we can grow our business sign manufacturing side of Cedar Sense.
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Business Plan
We will keep releasing variations of products on our cedar product side. We will also have increase in square footage next year and upgrade our machinery to make our signs manufacturing more efficient. Expanding into new markets is helping us grow as a whole. We have carved out a giant chunk in a niche market (cedar) where not too many business play. We also are one of only a few that offer cedar products that are manufactured in the USA and not China like most of our competition. This gives us a huge advantage with our American demographic.
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Self Identified Competition
Cedar Space, AcmeTop, and Signarama On the cedar side of our business we are made in America. We do not have the lead times and shipping problems that most of our competition has. On our sign manufacturing side, we deal strictly with wood signs only. Not too many sign makers are using wood to keep the pricing down but we've found a market for people that are willing to spend extra for quality product.
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Contact Applicant
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