Amazon, the largest and most successful online retail behemoth in existence, announced Wednesday in a press release that they are going to set entrepreneurs up with their very own small delivery businesses for a only $10,000 dollars.
Let’s start by listing what Amazon’s $10,000 offer will get you to start your very own small business:
According to Amazon, not long at all. Of course, every small delivery business owner will manage their company in different ways, and so knowing how long it’ll take to get a full return on your investment is left up to a best-guess.
Amazon estimates that a delivery business with about 20-30 vans, and about 100 employees will be able to make $1M-$4.5M in gross annual income.
However, when you’re just starting out with 5 vans and no employees, chances are it’ll take some time to get to that point if you don’t have a rock solid financing strategy.
The heads of Amazon argue that because online shopping has overtaken the market, and continues to grow every year, the demand for independent delivery services is also on the rise.
By helping entrepreneurs set up their own delivery services, Amazon hopes to meet the rising demand for more delivery drivers, while helping the small business economy in the US along the way.
This is a really nice way to think of it, and it’s certainly true that the move will help the small business economy in a big way.
However, business is business, and the real reason is pretty apparent: Amazon wants more control over the way they deliver packages, and customer experience.
There’s nothing wrong with this. In fact, providing better care for their enormous customer base by making sure reliable small business owners get their packages delivered more efficiently and with better service is nothing short of noble, right?
Depends on what you count as a “catch.” With help from National, these catches can be avoided, and even wind up benefiting new delivery businesses:
Right now, Amazon packages account for about 40% of all deliveries made by the United States Postal Service.
With the USPS already a major concern, President Trump is not happy about taking so much business away from an already-dying government faction.
Fortunately, Amazon remains optimistic in their relationship with the USPS, saying that its relationship with the USPS will stay intact, and that their new announcement will in no way negatively impact the postal service.
The application, which you can view here, only has a few other requirements before setting you up with your own small transportation business:
The Amazon application itself is pretty easy to get through—it should only take you about 5 minutes to get through. Click the link to apply: Apply for Amazon’s Small Business Program
Fortunately, National Business Capital has already helped a few Amazon partners start their business by helping with the initial $10,000 cost with a business lines of credit and small business loans, which they pay off at their own pace, with terms that match their needs.
By helping with the initial $10,000 cost, new delivery business owners can concentrate on growing their delivery businesses, without concern of immediately leveraging their own money, and worry over gaps of working capital.
Through financing, National has already helped new partners acquire the extra vans and employees new Amazon partners need to get their profits skyrocketing, eventually getting far beyond their initial return on investment in no time.
Those that apply for Amazon’s program after having a solid financial strategy in place have a significantly higher chance of growing their delivery business faster, and more efficiently—not to mention getting approved for the program in the first place.
With help from National, we can help you set up your new Amazon partnership in a way that ensures:
Give our Business Financing Advisors a call today at (877) 482-3008 for all the help you need setting up your new business in the best possible way, or fill out our 1-minute application to get approved for any and all business funding and improvement services in as little as 24 hours. Let’s get those wheels in motion!
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.