TinyBull Marketing LLC | Application Preview
TinyBull Marketing LLC is applying for government grants to support their business during challenging economic times. The funding will primarily be used for payroll and advertising, as increased marketing efforts are crucial for attracting new clients. The owner is open to adjusting the requested amount if necessary, emphasizing the urgency of their needs to avoid layoffs.
The business plans to continue its successful strategy from the past three years while introducing higher-profit services. Over the last year, they raised their prices by 20-30%, allowing them to work with fewer clients while increasing profitability. However, recent months have seen a decline in business due to cancellations as clients pause services linked to economic pressures.
The owner believes they are a strong candidate for funding because they have significantly grown the business from modest beginnings to achieving over $1.1 million in annual revenue. They have demonstrated dedication by working tirelessly to secure new clients, with a consistent schedule of sales calls to maintain sales momentum.
In terms of competition, TinyBull faces rivals like 98 Buck Social and Fox/Bear. Their competitive edge lies in their unique business model; they collaborate with agencies nationwide, providing services that these agencies sell to their clients, differentiating themselves in the market.
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General Information
Business Registration Number: 81156792
Location: Forest, VA, United States
Length of Operation: 6-10
Number of Employees: 11-25 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
I’ve never requested a grant so I’m not sure what the norm is. I don’t know if I’m requesting too much. If so, I will gladly reduce it. Honestly, I just need help and will take what I can get. These funds will be used to help with payroll and advertising. The advertising funds are desperately needed because that is how we generate new business. We have been faced with a lot of cancellations due to the economy and this will help us ramp back up over the next 3-4 months. I really don’t want to lay anyone off.
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Business Plan
I will repeat exactly what I have done the past 3 years but include services with higher profit margins. The past year I have raised our pricing by 20-30%. We’ve been able to take on less clients and increase our profitability. However, the past 2-3 months we have taken a huge hit due to clients wanting to pause their services because the economy. They should invest in me because I started off generating a few thousand a month in a 300 square foot office. In 2021 we moved into our new 3,000 square foot office and exceed $1.1 million in annual revenues. I work around the clock to gain new business every single day. I have sales calls lined up daily because I push hard to keep my funnel full.
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Self Identified Competition
98 Buck social Fox/Bear We are very unique because agencies outsource their services to us. We work with agencies all over the U.S. and they resell our services to their clients.
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