Usic Brands, LLC | Application Preview
Usic Brands, LLC is seeking government grants to enhance its marketing efforts, complete renovations, and develop technology for expansion. The company's five-year plan involves transitioning from a brick-and-mortar model to a digital marketplace and creating innovative technology to support scalability. They also intend to acquire other companies within their industry to enter new markets.
The rationale for granting funding highlights Usic's ability to navigate industry challenges and its commitment to innovation. While the company has demonstrated the capacity to generate income, it faces limitations due to insufficient capital and slow revenue growth. An injection of funds would enable faster progress.
In Ohio, Usic's main competitors include Vaughn Music Studios, SCFMG Record Label, and Sonic Lounge, each with established reputations and resources. However, Usic distinguishes itself through its technology-driven approach, comprehensive service offerings, and multiple locations across states. Unlike its competitors, which are more locally focused and traditional in their expansion methods, Usic aims for broader recognition and global reach.
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General Information
Business Registration Number: 82-3308387
Location: Columbus, OH, United States
Length of Operation: 4 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We are requesting funding in order to further our marketing efforts, finish renovations, and develop technology that will allow us to expand.
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Business Plan
Over the next 5 years we will expand our business from brick and mortar to a digital market place and create new technology that will allow us to scale. We will also absorb other companies in our industry to expand to new markets. Investors should invest with us because we have conquered the learning curve for our industry and have plans to create new technology within the industry to simplify ours and other's needs. We are innovative and forward thinking, but are limited by the bounds of capital. We have expanded greatly in our existence, but are hindered by the rate of revenue intake. We proved that we can generate income we just need an insurgence of capital to move further faster.
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Self Identified Competition
In the Ohio market our main competitors are: Vaughn Music Studios, a prestigious studio that has years of experience and great financial backing. SCFMG Record Label, a locally based record label that has ties to major labels out of New York. They offer similar services and have a solid proof of concept in their flagship artist. Sonic Lounge, a recording studio that has serviced some of the biggest names in the industry. They have had legendary clients such as 21 Pilots. What makes us different from our competitors is our implementation of technology, our all inclusive services, and our multiple locations. These competitors are very locally rooted and old fashioned in their thoughts of expansion. They each only offer a portion of our services and none of them have locations in multiple states as we do. In the time since our establishment we have created a brand that is more recognized than our competitors and have set our sights on the globe not just the local markets in Ohio.
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Contact Applicant
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