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“File Your Taxes Anywhere Get Your Max Tax Refund”
MKG Enterprises Corp Leading mobile tax refund tech company Software-as-a-Service “File Your Taxes Anywhere Get Your Max Tax Refund” THE BUZZ ABOUT MKG ENTERPRISES CORP Small Business Matt and Jennifer Provencio Reverse Mortgage Specialists San Diego County & Fresno Marshawn continues to amaze with the value that he brings to his clients. I would recommend MKG Enterprises to anyone! Robert Linkonis President & CEO at Credit Restoration Associates Management Expertise Troy Mathias Commercial Real Estate at Commercial West Associates Strategic Planning Kevin T Listin Subject Matter Expert; "Prospecting Master" Farmers Insurance Good Associate Lynn (Leverty) Moore Senior account executive at Valley Yellow Pages
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The Problem (or Unsolved Need)
Proposed mobile software application concept and the needs it fulfill. The app that is suggested to allow a customer to more easily apply for and receive tax advances that would be based upon customer's expected Federal Tax Refund as collateral and repayment provided by MKG Enterprises Corp. and its affiliate's MKG Money Service Business, Cash ASTRO Lender, MKG Tax Consultants. In regards to the New IRS Tax Law passed the PATH ACT delaying tax refunds until Feb 15 CASH ASTRO Lender as having the potential to generate loan reviews for banks, tax businesses, finance lenders, credit lenders a green product/service that could eliminate physical paperwork and reduce the related processing and overhead efforts. What's new about what you're making? How is it different? During the tax filing process, the consultants were collecting their customers’ critical income data and relevant financial information through paper based questionnaires manually and taking them back to their offices, for calculations and computations. This process was time consuming and led to data entry errors as well. The tax consultancy felt a pressing need for more efficient operations by reducing the consultant turnaround time and decreasing data entry errors. They were looking for a mobile solution which would work even from remote locations so that the data collection process was not hampered while visiting localities with poor connectivity.
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What do you understand about your business that others don't get?
The Solution 1. Chat feature to instant message your tax preparer, answer questions 2. Free to download, apply for a tax refund accepted loan from your mobile phone. 3. Eliminate the hassle to drop by tax office unexpectedly 4. Skip the line download our mobile app prepare your taxes anywhere and get your max tax refund. 5. Improved customer service 6. Eliminate taking time off work. 7. No waiting to see a tax preparer for hours. 8. Compatible with ISO & Android 9. Safe, convenient, secure, share information and upload documents with your tax preparer. 10. Stay informed on the status of your tax return when the IRS accepts it, rejects it, tax refund deposit sent to your bank What do you understand about your business that others don't get? “MKG Tax Refund" is considered one on the most fastest growing mobile app platform in the tax industry.“ As a leading tax preparation technology company, and we continue to grow our share in tax refund loan products -- the fastest growing tax refund software market.” The vast majority of Americans – 95% – now own a cellphone of some kind. The share of Americans that own smartphones is now 77%, up from just 35% MKG Tax Refund is a mobile app accessible to 95% of Americans Mobile Fact Sheet MKG Enterprises Corp Alternative Financial Services is involved in helping innovative (RT) Refund Transfers in the tax industry and Cash ASTRO Lender reach their full potential based on the following mobile facts: A substantial majority of Americans are cellphone owners across a wide range of demographic groups. By contrast, smartphone ownership exhibits greater variation based on age, household income and educational attainment. Smartphone dependency over time As the adoption of traditional broadband service has slowed in recent years, a growing share of Americans now use smartphones as their primary means of online access at home. Today just over one-in-ten American adults are “smartphone-only” internet users – meaning they own a smartphone, but do not have traditional home broadband service.
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Market Size Total Addressable Market (TAM)
-The Company is in the business of being a distributor of PrePaid Visa CashPass Debit Cards offered by Metropolitan Commercial Bank, Auto Equity Title Loans and Tax Refund Secured Loans. The Company intends to raise a minimum of $100, and a maximum of $5,000, in this Offering to fund the continued growth of our business. The Common Stock will be offered in a private placement offering pursuant to an exemption from registration under Rule 506 (c ) of Regulation D All tax clients that file their taxes in Central Valley & United States. Serviceable Available Market (SAM) We can service over 20,000 clients through our mobile app and store front locations during tax season and have partnered with Robert Half Account Temps to provides us with on demand accounting staff. Serviceable Obtainable Market (SOM) The payday advance service emerged in the early ‘90s, and grew as a result of strong consumer demand and changing conditions in the financial services marketplace. A number of changes in the throughout the country marketplace prompted industry growth, including: The exiting of traditional financial institutions from the small-denomination, short-term credit market—a change largely due to its high cost structure; The soaring cost of bounced checks and overdraft protection fees, late bill payment penalties, and other informal extensions short-term credit to of short-term credit; and The continuing trend toward regulation of the payday advance service, providing customers with important consumer protections. Drivers for Adoption today, payday loan stores fill the need for small dollar, short-term credit in communities services marketplace. A number of changes in the throughout the country. Industry analysts estimate that 20,600 payday advance locations across the United States extend about $38.5 billion short-term credit to millions of working Americans in 19 million households who experience cash- flow shortfalls Target Market After five years MKG Enterprises Corp intends to capture 45% of the mom and pop retail tax market within the Fresno DMA. Initial Test Market -Fresno DMA Demographic Marketing Area Total Addressable Market (TAM) – The IRS reported 122,164,000 million tax returns were e-filed for Tax Year 2016 in the United States. The IRS has reported that as of April 2017, more than 122,164,000 million tax returns were efiled for Tax Year The number of tax returns safely efiled has continued to increase each year. The increasing trend among taxpayers to efile is shown in the charts below. Are There More Self-Preparers or efilers Using Home Computers to efile Their Tax Returns? United States taxpayers who self prepare and efile their own tax returns has continued to grow. In 2017 (for Tax Year 2016), over 51,763,000 million taxpayers have prepared and efiled their federal tax returns themselves as of April 2017. How May Taxpayers Have Received Their Tax Refunds via Direct Bank Deposit? As of April 2017, over 81,646,000 million taxpayers have received faster federal tax refunds via direct bank deposits into bank accounts through electronic bank transfers. The average tax refund received by direct deposit is $2,932. Serviceable Available Market (SAM) – We anticipate for Tax Year 2018 e-file statistics for (RT) Refund Transfer to be projected at $16,824,600,000 billion dollars tax industry that can be capitalized at $150 per return to $30,541,000,000 billion dollars tax industry that can also be capitalized at $250 per return for more complex tax filings. The tax industry is a stable market for MKG Tax Refund mobile app processing (RT) Refund Transfers according to the IRS reported 122,164,000 tax returns filed and forward looking tax revenue projections. The Fresno TAM (Total Addressable Market) with a population of 984,541 residents. Fresno Labor force is estimated to be 442,500 that can be capitalized on using our base fee per eturn model of $150 to $250 dollars. Projected revenue $147,681,150 to $246,135,250 million per year. Serviceable Obtainable Market (SOM)– MKG Tax Consultants is the only tax company in the Central Valley that offers CashPass Faster Money Prepaid VISA Card provides a safe, convenient and powerful way for our clients to manage their money. Direct deposit Online purchases No credit check Safe and Secure Free signup Ways our clients can receive their tax refund CashPass Faster Money Pre-Paid Visa Card – MKG Tax Refund will put our consumers tax refund or Refund Anticipation Check (RAC) on a CashPass card that will allow our customer base to use it everywhere VISA Card is accepted. We intend to acquire tax clients through our CashPass pre-paid VISA card enrollment program and our Remote Tax Advisors" contracted with MKG Tax Refund who are vital to our success that refer clients to MKG Tax Consultants licensed professionals that financially benefits from each sales closed and work from anywhere. Our marketing and sales team key to success is recruiting Finance Agents by offering lifetime memberships to independent agents to join our Sales Office to offer consumer and business funding that allows F/A to earn sales commission based on points of actual amount of deals funded varying 3% to 10%. Our sales force will also focuses on B2B Marketing and generating new business clients and sales growth opportunities by building relationships. $500 annual membership High Volume Tax Business Software Agreement 5% Mobile License fee of Gross Sales for each month sales period or $45 per month whichever greater. 6% CRM User License Technology fee of Gross Sales for each month sales period or $150 per month whichever greater. Target Market- The Fresno DMA (Designated Market Area) size is considered California fifth largest city population of 984,541 residents. Fresno Labor force is estimated to be 442,500 source cited The Refund Transfer (RT) is a non-loan product designed for taxpayers who cannot or do not wish to pay out-of-pocket for income tax return preparation and related costs. The IRS deposits the taxpayer's federal income tax refund into a temporary account, typically in as little as 21 days, from the date the IRS acknowledges processing the federal tax return. Upon receipt of the refund from the IRS, the authorized fees are deducted and disbursed. The remaining balance is disbursed to the taxpayer via the disbursement method chosen. Initial Test Market- MKG Enterprises Corp is committed to working with our “Remote Tax Advisors”, we become partners and lend our full support behind their efforts to move MKG Tax Refund Solutions forward. “MKG Tax Refund" is considered one of the most fastest growing mobile app CRM platform in the tax industry."As a leading tax preparation technology company, and we continue to grow our share in tax refund transfer bank products -- the fastest growing mobile tax refund software provider” Our sales force will consist of independent Remote Tax Advisor that operate their own virtual tax and finance business through our portal (SaaS) software that is a great investment and turn key operation, low overhead, RTA's build their own client base. Be their own Boss Independent Business No contracts No franchise fee, Free Tax Software for RTAs, ERO's Business Funding Options (available for RTA’s and their clients) An Exciting and Rewarding Profession Already furnished mobile technology, competitors Marketing Analysis Nationwide Demographic Marketing Area
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Competition Table Our competitors National Retail Tax Preparation Chains are Liberty Tax, HR Block, Jackson Hewitt, TurboTax, Online DIY Do It Yourself Tax software's and unlicensed tax preparers. What makes MKG Tax Refund different is our competitive advantage; what makes MKG Tax Refund different/better than our competitors? MKG Tax Refund is a highly scalable business that's serves as a intermediary bridge between tax professionals and clients, we are a technology driven Service Bureau that provides high volume tax business software, proprietary tax refund mobile app and year round tax refund advances in regards to the PATH ACT that will affect millions of tax refunds. The vast majority of our competitors aren't licensed direct lenders that can provide other financial services to tax clients for alternative financial solutions or build bridges/ relationships with other tax companies, tax software provider and banking partners. They only provide tax preparation alone, consumers have no other options and their customer satisfaction rate is less then 10% for 1 in 10 approved applying for 3rd party tax advances from banks that only look at their tax refund and not their income and ability to repay. Their aren't any mobile apps developed to provide tax advance loans that meet AML/BSA/KYC policy and procedures to cover this action is driven by the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) that was enacted Dec. 18, 2015, and made several changes to the tax law to benefit taxpayers and their families. Section 201 of this new law mandates that no credit or refund for an overpayment for a taxable year shall be made to a taxpayer before Feb. 15 if the taxpayer claimed the Earned Income Tax Credit or Additional Child Tax Credit on the return. This change begins Jan. 1, 2017
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How it works 90% approval rate, no bankruptcy, no FMS debt, no tax liens, child support, ,earned income, active bank account, tax return must be filed electronically with MKG Tax Consultants and be eligible for refund. Must meet all underwriting qualifications. Why choose MKG Tax Consultants? We focus solely on: tax refund advances in 24 to 72 hours and tax refund line of credit. We offer several lending products tailored to your financial needs during tax season. Look Alike Tax Refund Advances $225 to $2,600 One stop shop, we're a multi-service financial service company, consumers deal directly with us, no hassle, no hidden fees, no false promises, clear expectations and transparency, MKG Tax Refund Solutions is a lending platform that's understand our clients financial needs. Higher customer satisfaction rate based on the belief that our customers needs are of the utmost importance, know you're approved before you leave the tax office. MKG Enterprises Corp works with many lenders and does it’s very best to match you with the lender with the best loan terms based on the information you provide on the application. All repayment terms are provided by the lender and therefore all questions concerning loan terms should be addressed directly with the lender you are matched with. If approved, your loan proceeds will normally be disbursed to you within 1 business day. On average, the full amount of your Tax Refund Accepted Loan will be repaid in less than 21 days. Do to the potential of the IRS either keeping or delaying your tax refund we place the repayment of the loan financed in 12 monthly installment payments to be due on your payday after 31 days. Further, since we electronically file your taxes we don't know for certain the amount you will be refunded from the IRS, we must base your Tax Refund Accepted Loan amount on your income and cap the maximum loan amount at $2,600.
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Goto Market Strategy Marketing- By using Social media platforms facebook, Youtube, Google AD words, twitter, radio, Television Sales- Consumers can qualify for up to $2,600 Look Alike Tax Refund Advances or Auto Title Loan" Available through Android/ISO mobile app Tier 1 $225 interest rate 2.5% APR 30% Tier 2: $225-$900 interest rate 2.0% APR 24% Tier 3: $900- $1,650 interest rate 1.5% APR 18% Tier 4: $1,650-$2,500 interest rate 1% APR 12% Tier 5: $2,600 interest rate 8% APR 96% Partnering- Life Long Residual Income Active CashPass Cards= Active Income (Partner Revenue Structure) Distribution- Mobile app available on the Google Play Store & Apply Store Pricing- Revenue model for basic 1040 tax return is $150 charge per form standard pricing for 2 W2 claiming EITC is $250 per client, schedule C small business returns are $399, Corporate 1120S, 1065, 990N tax returns are $500. Bookkeeping and payroll services billed at $50.00 per hour Marketing: MKG Tax Refund Solutions is a leading tax advisory and financial consultancy, that provides tax refund advance through a mobile app that will be available Google Play Store and ISO to millions of cell phone users thus creating a need and high demand for our products by providing mobile forms solutions Truth-In-Lending-Act "TILA", Promissory notes and income tax solutions to a large customer base. Sales: Partnering: Life Long Residual Income Active CashPass Cards= Active Incme (Partner Revenue Structure) Transaction Fees Partner Revenue Activation Fee 50% Retail Load 20%-30% Direct Deposit Load 20%-30% ATM 20%-30% Card Replacement 20%-30% Monthly 20%-30% PIN Transaction 20%30% Distribution: Pricing: Customer has a choice of applying for a no upfront charge to have the price of filing their taxes deducted from the expected federal or state tax return or pay cash, check or credit card.
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The Team Marshawn Govan President, CEO
A Game changer in the tax industry that strives to provide Innovative Technology to disrupt our competitive market. Erin Frey Operational Manager Licensed Registered Tax Return Preparer & Licensed Insurance Agent. Erin has been with the company since Erin received her Bachelor Arts degree from the University of CSUF in Liberal Arts. The Company MKG Enterprises Corp.. (the “Company”) was formed on March 20, 2013, as a California corporation. At the date of this offering, Nine Hundred and Seventy Thousand One Hundred Thirty One (970,131) Shares of the Company’s voting Common Stock were authorized, issued and outstanding. The Company is in the business of being a distributor of PrePaid Visa CashPass Debit Cards offered by Metropolitan Commercial Bank, Auto Equity Title Loans and Tax Refund Secured Loans. Its principal offices are presently located at 3003 N Blackstone Ave Suite 209 Fresno, California The Company’s telephone number is (866) The Director or Officers of the Company are Marshawn Govan. MKG ENTERPRISES CORP, (hereinafter "the Business") is a corporation located at 3003 N Blackstone Ave Suite 209, FRESNO, California, EXECUTIVE SUMMARY The Company was founded in 2013 by Marshawn Govan. It currently has a staff of 3 people, and is slated to expand further. The Company was initially capitalized in late 2010 by an investment of $7, of which a sum of $7, is from Marshawn Govan. The Business's first product was introduced to the market in December 23, 2010 and has been marketed successfully till date. The break-even point was reached in February 15th of 2011, and a profit of $100, is projected for the current years. The Company is also developing innovative packages nearing beta test stage, which can be expected to produce revenue before the end of the financing period. The Company is also gearing up for introduction of its products into US markets. MKG Enterprises Corp. (“Company”) present MKG Tax Refund Android/ISO CRM Software video MKG Enterprises Corporation entity structure is a California Domestic Corporation. The objectives of MKG Enterprises are to generate a profit, grow at a challenging and manageable rate and to be a good citizen in the community. The mission of MKG Tax Consultants and MKG Insurance Agency is to provide products and services with high quality, protection and value pricing. The keys to success for MKG are a variety of business services and products, personal contact, timely and accurate service, development of one-to-one relationships, and a reputation of honesty and integrity. Objectives The main objectives of MKG Enterprises Corp. DBA MKG Insurance Agency | MKG Tax Growth - to grow the business at a rate that is both challenging and manageable. Profit - to create enough prosperity for the company and employees to have a secure and comfortable lifestyle. Consultants are: Our Crusade Citizenship - to be a social asset to the community and contribute to others who are less fortunate. MKG Enterprises Corp. is dedicated to providing tax preparation, refund tax loans, insurance products and business services that provide high quality, protection, and value pricing. We wish to establish a successful partnership with our clients that respects their interests and goals. Success will be measured by our clients choosing us because of their belief in our ability to meet or exceed their expectations of price, service, and expertise. Keys to Success The keys to the success for MKG Insurance Agency are: Personal contact and service that meets or exceeds the expectations of our Clients. A wide variety of business services and insurance products that are affordable, available and understandable. Relationships with our clients that fosters renewal business. Services and products that are delivered with accuracy and timeliness. Company Diversification Summary A reputation in the community for it's Honesty and Integrity. MKG Tax Consultants | MKG Insurance Agency - providing Income Tax Preparation, Retirement planning, Health Insurance, Dental, Annuities, Life, Auto, Home, Property & Casualty Insurance. MKG Tax Consultants IRS Electronic Filing Identification Number(s) EFIN’s and has been established since December 23, MKG Tax Consultants incorporated March 20, 2013 under the legal name MKG Enterprises Corporation. MKG Insurance Agency merged with MKG Enterprises Corporation insurance and tax division to provide world class financial products and services. MKG Insurance Agency CA License No. 0J03013 is a new company that launched in the fall of 2014 located in Fresno, CA, the fifth largest city in CA, providing Auto, Home, Life and Health Insurance services and insurance retirement products to individuals, families, and small businesses. Currently licensed in the following States; California Department of Insurance License No. 0J03013 New Mexico Partnership Corporation License No Texas Department of Insurance License No Florida Managing General Agent License No. W383809 MKG Money Service Business, Cash ASTRO Lender is a licensed California Finance Lender issued by the State of California Department of Business Oversight California Finance Lender License 60DB , 60DBO It has developed a $2,510 proprietary (RAC) short term Look Alike Tax Refund Advance Product, that can be applied for using their mobile app that is a tax-refund related loan provided by MKG Money Service Business, (it is not the actual tax refund). Choose from $225 to $2,510 dollar tax refund advance. The amount of the advance is deducted from tax refunds and reduces the amount that is paid directly to the taxpayer. Tax returns may be filed electronically without applying for this loan. (The IRS does not guarantee that a person will be paid the full amount of an anticipated tax refund and does not guarantee that an anticipated tax refund will be deposited into a person’s account or mailed to a person on a specific date.) RAC’s disbursements options: Technology Advancements Eligibility for MKG Money Service Business (T-RALS) Tax Refund Accepted Loans requires enrollment in the Electronic Refund Disbursement Service and selection of one of the following disbursement options: CashPass Prepaid VISA Card or eCheck. eChecks are paperless checks that feature cutting-edge technology and are the only online payment solution that works for everyone. This smart addition to MKG Tax Refund advances than traditional paper checks. Features: eChecks The Security of a Check. The Speed of an Disburse tax refund advances From Anywhere, Anytime Disburse tax refund advances More Securely Disburse tax refund advances Quickly & Easily Availability is subject to satisfaction of identity verification, eligibility criteria, and underwriting standards. California loans are made pursuant to MKG Money Service Business, Cash Advance Short Term Repayment Option Lender California Department of Business Oversight Finance Lenders Law License 60DBO-45224, 60DBO-58213 Refund Anticipation Check (RAC) is a tax refund-related deposit product provided by MKG Tax Refund. Fees apply. You must meet legal requirements for opening a bank account. RAC is a bank deposit, not a loan, and is limited to the size of your refund less applicable fees. You can e-file your return and get your refund without a RAC, a loan or extra fees. The Refund Transfer (RT) is a non-loan product designed for taxpayers who cannot or do not wish to pay out-of-pocket for income tax return preparation and related costs. The IRS deposits the taxpayer's federal income tax refund into a temporary account, typically in as little as 21 days, from the date the IRS acknowledges processing the federal tax return. Upon receipt of the refund from the IRS, the authorized fees are deducted and disbursed. The remaining balance is disbursed to the taxpayer via the disbursement method chosen. MKG Enterprises Corp has a permanent office that is staffed and open year round. We provide enrollment assistance to consumers as both walk-ins and appointments by being intersections Shields and Blackstone that Fresno Area Express bus route 30 runs from downtown bus routes. Major highways are freeway 41 Shields exit and major cross streets centrally located near downtown Fresno that is accessible to travel from Fresno Area Express for enrollment assistance traveling by bus or car. Physical location is 3003 N Blackstone Ave Ste 209, Fresno, CA 93703, Phone (559) or (866) , hours of operation 10:00 am-5:30 pm Monday-Saturday. 5:30am-1am making MKG Tax Consultants storefront an ideal location for consumers to visit
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Financial Forecasts The financial condition and capital resources of MKG Enterprises Corp and affiliates MKG Tax Consultants have had a 45% customer retention and business is still able to generate 100K in revenue operating on a seasonal basis. MKG Enterprises Corp Dun & Bradstreet Paydex score is 78 out of 100 points. Search business Duns number Company total 6 year tax return (GARR) Gross Annual Revenue Report $813,074 average Annual Revenue Means $135,512 2016 MKG Tax Fiscal Year $ 82,477 2015 MKG Tax Fiscal Year $105,036 2014 MKG Tax Fiscal Year- $130,892 2013 MKG Tax Fiscal Year - $179,985 2012 MKG Tax Fiscal Year -$169,694 2011 MKG Tax Fiscal Year -$144,990 Strategic Expansion and Growth plans? We are now expanding in 14 key states and intend to offer virtual tax and finance businesses in Alabama, Idaho, Missouri, North Dakota, Ohio, South Carolina, South Dakota, Utah and Wisconsin to offer our (RT) Refund Transfer products. Footprint in California, Texas, Delaware, Florida, New Mexico
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Funding Amount of funding requested $5,000,000
Use of Funds: The net proceeds from this offering will be used to expand marketing, sales and distribution capabilities and provide working capital. According to the IRS Statistics MKG Tax Refund will need an enormous amount of capital to supply the consumer demand for Tax Advances and support the total volume of estimated return that are expected to be filed 2018 tax season. Milestones Create first mobile tax software that will be a patented technology to offers alternative banking in Fresno, CA showcase as the worlds Leading mobile tax refund tech company Software-as-a-Service solution. CRM integration with sales force Become listed on OTC Market and Pink Sheet. Marketing, development, research Already filed Regulation D with SEC. OUR AMBITION To become the leading mobile app tax refund software provider in the US Become listed on OTC Market and Pink Sheet. WHAT WE DO MKG Tax Consultants provides income tax preparation, bank products services by providing no up front tax preparation fee's. Software-as-a-Service (SaaS) solution for Tax Preparers, Real Estate Agents & Finance Companies. MKG Enterprises Corp is a California licensed finance company offering alternative financial and banking solutions. MKG Tax Refund provides high volume tax business software and a patent pending proprietary tax preparer mobile app. Our Ambition Invent Help has agreed to package and market to 100 companies Created first mobile tax software that offers alternative banking Filed provisional patent Already filed Regulation D with SEC. Licensed insurance agency with a foot print in multiple states Offer our customers 100% satisfaction guaranteed eChecks technology Integration with sales force
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Intended Use of Proceeds
If maximum amount sold Total Proceeds $5,000,000 Less Offering Expenses $245,000 Less Invent Help/Attorney* Costs $10,000 Net Proceeds $4,745,000 Initial Public Offering (IPO) $100,000 Mobile App Development $20,100 Financing of Tax Advance Refund Anticipation Loans $1,000,000 Financing Auto Title Loans Franchising Business $50,000 Administrative Costs $145,000 Operational Overhead Cost $155,096 Commercial Real Estate Investment $650,000 Debt Securities $64,300 Total Use of Proceeds $3,184,496 Remaining Capital $1,560,504 THE OFFERING The Company intends to raise a minimum of $100, and a maximum of $5,000, in this Offering to fund the continued growth of our business. The Common Stock will be offered in a private placement offering pursuant to an exemption from registration under Rule 506 (c ) of Regulation D promulgated under the Securities Act of 1933, as amended, under exemptions under applicable state securities laws, and in reliance upon the representations and warranties of each of the purchasers that they are purchasing the Common Stock for investment purposes and not with a view to any resale or distribution thereof. The Offering is being made on an "minimum or maximum basis until the Minimum Offering Amount of,$100, is raised. Proceeds received prior to raising the Minimum Offering Amount will be held in an escrow account with the Company's bank. Upon raising the Minimum Offering Amount, these proceeds will be released for use by the Company and, thereafter, 100% of the proceeds raised in the Offering, up to the Maximum Offering Amount of $5,000,000.00, the company will keep funds in an impound or escrow account throughout the entire offering. The proceeds from the sale of the Shares offered hereby will be approximately $5,000,000 if all 3,125,000 Shares are sold. The net proceeds from this offering will be used to expand marketing, sales and distribution capabilities and provide working capital. The following itemizes the intended use of proceeds:
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Contact Info/ Thank you Marshawn Govan President, CEO MKG Enterprises Corp 3003 N Blackstone Ave Suite 209 Fresno, CA Office (559) Toll-Free Thank you for taking the time to learn about MKG Tax Refund Investment opportunities.
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Market Development Strategy
Appendix Market Development Strategy MARKET DEVELOPMENT STRATEGY: Marketing Plan: In 2009, the George Washington University School of Business released a comprehensive economic analysis of consumer demand for, and use of, payday advance services. The study was conducted among a national representative sample of customers of CFSA member companies. The Community Financial Services Association of America (CFSA) is the national organization dedicated to advancing financial empowerment for consumers through small dollar, short-term loans. Now in its 16th year, CFSA was established to promote laws and regulations that protect consumers, while preserving their access to credit options, and to support and encourage responsible industry practices. Source cited: It found that: Customers overwhelmingly appreciate the payday advance product. 86 percent of customers believe it is a useful nancial product. 88 percent were satisfied with their last transaction. Customers use the service responsibly. 71 percent of customers use payday advances to cover unexpected expenses or a temporary reduction in income. 58 percent of customers either did not renew in the last year or renewed only 1 -2 or 3-4 times. (“Renewals” include both rollovers and advances taken out the same day another was paid in full.) Customers understand the cost of the service. 95 percent of customers were aware of and reported the nance charge and could compare it with similar fees. 81 percent of customers could recall that the fee had been disclosed as an APR, although most could not recall the rate. Most customers t the expected economic pro le of consumers in early life-cycle stages. Most come from middle-income, educated young families. 32 percent of customers own homes and 100 percent have steady incomes and checking accounts. Nearly 94 percent have a high school diploma or better; with 56 percent having some college or a degree. source sited from
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Santa Barbara Bank Tax Product Group debut CashAdvance $1,500, AdvancePlus $1,000 offered by SD Financial Services However they do not offer a mobile app to deliver their services to their customers. ERO Pre-season funds and SimplyPaid. MKG Tax Consultants was the first tax company to offer a $2,500-$5,000 tax advance in 2016 offered by MKG Enterprises Corp Financial Services dba MKG Money Service Business TPG Home - SBTPG www2.sbtpg.com MAKING TAX TIME EASY For Tax Professionals For Taxpayers For Check Cashers Pay for tax preparation with your refund THE EASY WAY TO PAY TPG takes the tax preparation fees out of the refund, making it easy to pay for tax preparation No up-front fees Tax preparation fees are paid from the refund so there’s… SETTLE FOR MOREWith our fee pay and advance solutions MARSHAWN, Yes we're a little early, but the TPG team couldn't wait to share what's planned for 2018 as we announce our program for the coming tax season. Fast Cash Advance increased & Advance Plus now available! TPG offers much bigger advance amounts for 2018, including the new Advance Plus which taxpayers may request with Fast Cash Advance. TPG gives you the tools to attract and retain more clients. Clients may get up to $1,500Offer clients a free tax time advance issued by check or Walmart MoneyCard.3 LEARN MORE Cost: $45 And get an extra $1,000Clients that qualify can get an additional advance at no cost to you.4 LEARN MORE Cost: No ERO fee Get the cash flow you need with two Tax Pro advances that give you a jump start on the tax season. Cash flow to get readyGet cash flow before the season starts to help with office setup, advertising & more.1 LEARN MORE Cost: $30 for every $1,000 advanced Get paid right awayCan't wait for your fees? Get paid in days instead of waiting weeks for IRS funded fees.2 LEARN MORE Cost: $1 for every $100 advanced Collect tax preparation fees from your client's refund with the Refund Transfer (RT). Issue the refund onto a Walmart MoneyCard and everyone saves. $10 Tax Pro IncentivePaid for every client that receives their RT on a Walmart MoneyCard5 $29.95 RT FeeTaxpayers save $10 off the regular $39.95 Refund Transfer price once their refund is loaded on a Walmart MoneyCard.6 State RTs are only $10 Taxpayers can still receive their RT by direct deposit, Walmart Direct2Cash or a check which can be cashed for $10 or less at Walmart or Wells Fargo locations nationwide. LEARN MORE Walmart MoneyCard Available for Give clients the easiest way to receive their refund. The Walmart MoneyCard offers the features your clients want from someone they trust. Taxpayers have 3 more reasons to use their card This the first card available through TPG that gives clients the ability to earn up to $75 in cash back rewards every time they shop at Walmart.7 LEARN MORE
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