Specter Design, LLC | Application Preview
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General Information
Business Registration Number: LCB202000205
Location: Provo, UT, United States
Length of Operation: 2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I plan on using the funds to help with my operations costs, such as payroll, consumables/equipment maintenance and rent.
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Business Plan
I intend to scale my business up considerably in the next 5 years, hiring more full time employees and diversifying my revenue streams particularly in the product market category. I intend to bring a very unique and scalable product to market in conjunction with my vintage auto restoration business. We are building a strong and unique brand in the vintage car industry which has been experiencing a sort of renaissance period since about 2010. My brand in particular will be offering an entirely new and innovative product in this flourishing market place in the coming year. We are projected to release it in summer of 2021.
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Self Identified Competition
My primary competitors in this business are Emory Motorsports LLC. In north hollywood CA, Kirkham Motorsports in Provo Utah, and perhaps Icon 4x4 in Los Angeles CA. All of these brands are strong and growing in this market category. Even though we are relatively new, we are able to provide similar quality of service at a better price point with shorter lead times. We are a budding brand with strong core values of craftsmanship and timeless design. We have grown completely organically with no initial outside investment. We do virtually no marketing and we have a large pool of clients considering our relatively recent entry into this market. Our potential for growth exponential.
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