QMFG Records / Studios | Application Preview
QMFG Records / Studios is seeking government grants to boost its marketing efforts and expand its workforce by hiring more engineers and producers. The business plan outlines an ambitious goal to grow the label by opening five new locations across different states and bringing in managers to oversee these new sites.
The owner emphasizes their dedication to the business, having built it from the ground up and invested significant time and effort over the past seven years as an owner-operator. They acknowledge the challenges of running a business but are committed to having backup plans to navigate any difficulties.
In terms of competition, QMFG Records faces established names like 1501 Music Group, known for artists like Megan Thee Stallion, and Quality Control, which represents popular acts such as Migos and Cardi B. While the owner admits there isn't a clear competitive edge that sets them apart, they are driven by hard work and a goal to create a distinctive sound that will help establish their label as a leading force in the industry.
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General Information
Business Registration Number: 852634201
Location: Houston, TX, United States
Length of Operation: 5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Expanding business marketing hiring more staff such as engineers producers
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Business Plan
Yes I'm looking to expanding my label to 5 other states adding new locations and hiring managers to manage new local I'm only requesting investors invest in my business because I've built this from ground up work hard long days and nights I drove as a owner operator for 7 years learning how to run my business every business has its ups and down but I make sure I aways have a back up plan
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Self Identified Competition
1501 music group who made Megan the stallio. Famous Quality control who has some of the hottest artist Migos cardi b And rap alot record I don't believe nothing makes us different we all put hard work in success is my goal and to be the biggest label with a different sound style and originality
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Contact Applicant
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