Shangri-La Recording | Application Preview
Shangri-La Recording is applying for government grants to fund the acquisition of a live/work space. This would enable the owner to operate the small business and workshop more effectively, rather than relying on a home residence.
The business plan focuses on generating income from clients to invest back into the craft, specifically for upgrading audio and electronic equipment. There is also a vision to hire interns to assist with various projects.
The grant funding is deemed essential due to the potential benefits it offers. It aims to enhance the audience's experience and equip individuals with valuable skills in electronics. If successful, it could create job opportunities and provide useful services.
In terms of competition, Shangri-La Recording recognizes established entities like Airship Laboratories and Tool Shed Studios, along with other studio spaces in the Bay Area. However, the business's competitive edge lies in its early development stage, allowing for flexibility, longer working hours, and a fresh approach to learning and creation.
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General Information
Business Registration Number: 87-2216236
Location: Milpitas, CA, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
The funding requested would be used on locating and acquiring a space such as a live/work space to live and work out of. Otherwise, I would use a home residence to operate the small business and workshop out of.
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Business Plan
I would be using the income earned from clients to continue working on my craft. This money would then be used to purchase and update equipment in the audio or electronic workshop. I would also think of hiring interns to assist with projects. There is a lot of potential here. It brings new experiences to the audience and listener. In the electronics aspect, there is potential to train useful skills and in the event a product is made, can bring jobs or services.
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Self Identified Competition
Airship Laboratories in Richmond, CA Tool Shed Studios in Morgan Hill Other studio spaces in the Bay Area Still in its infancy and building up phase. Still learning and creating. I am mostly operating alone, younger, can work longer hours if needed.
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Contact Applicant
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