Trouble Muzik Group LLC (One-Time Payment) | Application Preview
Trouble Muzik Group LLC is applying for a government grant to support various business expenses, including payroll, utilities, rent, public relations, and other miscellaneous costs. The company aims to enhance its operations by transitioning sales online and investing in additional equipment to open a new location, which will help manage increased workloads and expand business opportunities.
The applicant believes that with the right investment of $40,000, the business can significantly increase its sales potential. By acquiring necessary equipment and software, the plan is to achieve sales of up to 300,000 units at $8 each, potentially yielding profits of around two and a half million dollars.
In terms of competition, Trouble Muzik Group LLC faces established rivals like Rap-A-Lot Records, Cash Money Records, and Hypnotize Minds, all of which have been in the industry for years and enjoy substantial sales. While the company is new and lacks current funding to compete on the same level, it believes that securing financial support will allow it to build the necessary distribution channels to enhance its market presence.
The business aims to differentiate itself by promoting a fresh brand of music, bringing new artists to the forefront and creating a distinctive identity that can rival major labels in the industry.
-
General Information
Business Registration Number: Trouble Muzik Group LLC (One-Time Payment)
Location: West, MS, United States
Length of Operation: 4
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
-
Funding Usage
Payroll expenses, business utilities and rent, PR expenses and other miscellaneous expenses related to my business.
-
Business Plan
I plan to grow my business by investing in moving parts of my business online as far as sales and retail is concerned, and I plan to purchase additional equipment to open another location to supplement additional workloads and other business ventures. Because the line of work my business is in is worth hundreds of thousands or dollars and can easily venture into being worth millions of dollars with correct amount of money being put into it. $40,000 is enough for me to invest in equipment and software that will allow me to reach sales in the upwards of 300,000 units selling at $8 (base pay w/o taxes and distributor fees included) and turn a profit of nearly two and a half million dollars.
-
Self Identified Competition
My top three competitors are Rap-A-Lot Records, Cash Money Records, and Hypnotize Minds. These three companies have been in business for decades and are already making millions of dollars and selling millions of units yearly. My company, being fresh in the market, does not currently have the money or funding behind it to compete with them directly. However, it must be noted that these companies have major distributors pushing their sales. In order for my company to garner such acclaimed distribution, it must have significant funding. My company offers a new brand of music that is making new artists "hot" in the music industry and it is making new labels the new face of the music industry and making it easier to compete with major record labels.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
