Phlow Productions LLC | Application Preview
Phlow Productions LLC is seeking government grants to enhance its operations and expand its audience reach. The proposed funding will primarily go towards promoting the business through advertisements, improving necessary equipment, and expanding the workspace. Should profits allow, the company plans to hire additional staff to assist with scheduling and marketing efforts.
Since launching within the last couple of years, the business has seen significant growth, increasing weekly earnings from $200-$300 to $2,000-$3,000. The strategy includes reinvesting profits into market outreach to build a more extensive network. As the company establishes a solid credit history, it aims to leverage this to invest in real estate, creating more opportunities and consolidating operations under one roof. Within two years, Phlow plans to hire staff to further promote the business, and within three to four years, it hopes to acquire additional property and hire quality producers.
The rationale for approving funding emphasizes not only the potential for a profitable business but also the benefits to others in the industry. The owner took a bold step in 2019 to leave conventional employment for entrepreneurship, leading to substantial income growth. This journey has also ignited a passion for mentoring struggling producers in the community.
While there are a few competitors in the vicinity, collaboration is emphasized rather than rivalry. The company’s competitive advantage lies in creating a quality working environment that attracts artists seeking a supportive space to excel. This focus on collaboration and quality distinguishes Phlow Productions in the marketplace.
-
General Information
Business Registration Number: 87-3043714
Location: Pensacola, FL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
-
Funding Usage
Any investment made into my company would initially be used for promotion and advertisements to reach a wider audience. Needed equipement upgrades and materials to expand the work space and if profits allow it I would also employ someone to help me schedule sessions and promote my business.
-
Business Plan
Since I've opened in the past year or two I started out making 2 to 300 a week which I now grew to a 2 or 3k a week business. My plan is to expand on my networking capabilities by investing any residual income into more promotion to reach more of my audience. In the process of building my credit and gathering a lengthy enough positive credit history I plan to use the credit I build to leverage my real-estate buying power to expand and allow for more profitable options under one roof. Within the next 2 years I will also be hiring people who work for the business to promote and implore more work. In 3 to 4 years I should have enough credit and buying power to leverage another property and hire other quality producers to work there. In 5 years these properties will be self sufficient and will allow for more expansion. Investing in me will not only guarantee a profitable growing business but also allow for opportunities for others around me in the same field. In 2019 I decided I would take a leap of faith to get away from the 9 to 5 jobs that would only help me survive but would leave no room for me to actually succeed in life. This was the most promising move I had ever made. Within the following 2 years I would make more than triple the amount I made before and now I had the opportunity to expand on my own terms. As much as I received I also like to teach and give back to other producers in the area who struggle with this same issue.
-
Self Identified Competition
There are a few producers who share customers with me in surrounding areas but we all network and work together so there's really no competition in my field. My ability to work with people and almost any situation is what separates me from anyone in this field. I've noticed people come from other studios because they like the quality I provide as well as a comfortable environment for artists to put out the best work they can.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
