KULTRAL RECORDZ | Application Preview
KULTRAL RECORDZ is applying for government grants to support payroll, purchase new equipment, and cover transportation and hotel expenses for their artists, particularly for an award-nominated artist. As live performances become viable again post-COVID, the funding will help manage costs associated with these opportunities. The business assures that receipts for all expenses will be provided.
In terms of growth, KULTRAL RECORDZ aims to expand through joint ventures and endorsements, along with a new line of headphones expected to generate significant returns, potentially reaching $100,000 annually. Future plans include increased advertising and hosting shows, where musicians pay to perform.
The application emphasizes the guaranteed potential of the business, outlining past successes in generating returns and a strategic approach to managing risks. The founder's adaptability, demonstrated through innovative initiatives like selling face masks and hosting live streams during the pandemic, sets the business apart from competitors. This readiness to tackle challenges head-on is presented as a strong reason for investors to support the venture.
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General Information
Business Registration Number: 842880676
Location: Clarksville, TN, United States
Length of Operation: 2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I am using the funds for payroll and buying new equipment for my artist. Now, since COVID has subsided a little, I now have the opportunity for my artist to perform and different cities. Transportation and hotel fees are expensive and studio cost. I have an artist who was nominated for an award and I need to have her with transportation and security. I will be able provide receipts for all of my expenses.
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Business Plan
I plan to grow my business with joint ventures proposal and look for endorsements. I have headphones that are in the process of being made, that will produce a large return on the investment. I can make up to 100,000 dollars are year. I will have more ads and can host shows for musicians to pay a fee to perform. Investors should invest into my business because of the guranteed potential of my business. I have everything in order and since I started my business I have seen nice returns on my investments, while having the opportunity to outsource in different countries. Investors capital will be put to good use and can expand their capital as well.
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Self Identified Competition
n/a My business is different because I have taken the steps to ensure my business can withstand possible event, such as COVID. I sold face mask and hand sanitizer to add capital and promote my artist. Also, I had live shows that produce income through streams. I am better than my competitors because of my willingness to take on adversity.
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Contact Applicant
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