Levels Music Ent, LLC | Application Preview
Levels Music Ent, LLC is seeking government grants to enhance its recording capabilities and expand services. The requested funds will be used to purchase upgraded equipment and an additional computer, allowing for two workstations to operate simultaneously, which will help improve recording quality and increase production capacity. The investment will also support marketing efforts and cover some initial startup costs, as well as improve the workspace layout for increased ergonomics.
The business plan outlines ambitious growth over the next five years, targeting contracts with at least three major game and movie studios, expanding recording and editing facilities, and increasing gross income to between $200,000 and $500,000 annually, supplemented by royalties and placements.
It emphasizes the entrepreneurial spirit and commitment to excellence that the team brings to the venture. However, they acknowledge the challenges of niche market entry and the significance of securing funding for necessary startup expenses. The owner expresses a strong vision for the business, excited about the potential for high-profile collaborations in the entertainment industry.
In terms of competition, Levels Music Ent faces firms like Virginia Beach Recording Arts and Prime Records. What sets them apart is a personalized approach that avoids a one-size-fits-all experience, alongside rapid service and a strong focus on customer satisfaction. Their existing partnerships with top audio engineers and a major game audio company further differentiate them in a competitive landscape.
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General Information
Business Registration Number: Levels Music Ent, LLC
Location: Virginia Beach, VA, 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: YES
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Funding Usage
The utilization of the requested funds will be to invest in better equipment for improved recording quality. Since we have expanded our services, the plan is to invest in an additional computer to better serve customers and increase potential output by having two workstations available at all times. The money will be utilized to increase marketing reach. It will also help offset some of the costs from starting the business up. Additionally, some of the funds will be utilized to better suit the facilities for multiple workstations and improve the area for a more ergonomic and reasonable workspace.
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Business Plan
In five years, we will have secured more contract work with at least 3 more major game and movie studios. We will have expanded the facilities to incorporate more recording rooms, mixing rooms, editing rooms and add additional staff. Overall, the business goal is to be able to make a gross income of $200,000-$500,000 per year with other residual income from placements and royalties. I believe that we have the right drive and motivation to do exceptional work. The issue is, starting a business like this is very 'niche', therefore we have to be already set and ready to work at all times for whatever may come available. To do that, the startup costs for marketing and quality equipment is high. So far, we have done a lot with very little and most costs were covered out-of-pocket. Investors should invest in my business because I have the mindset and drive to make the business work and provide quality results every time. It's also not just for reinvesting into the business, but also giving customers a reason to return. It would be a great and humbling honor to receive funding as this could be the beginning of something great! Our names could be on the next AAA Video game or a blockbuster movie. The possibilities are endless and we have already got our foot in the door.
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Self Identified Competition
Virginia Beach Recording Arts, Prime Records (Norfolk, VA), Artis Recording Studios We focus on making sure that nothing feels "cookie cutter" for our clients. We are fast versatile and we take pride in customer service. We have industry connections/partnerships with audio processing software manufacturers, along with relationships with some of the world's top audio engineers. As mentioned before, we have secured contracting relationship with a major video game audio company. This alone sets us apart as we diversify the business beyond just music.
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Contact Applicant
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