Power Toboggan Supply Ltd. Co. | Application Preview
Power Toboggan Supply Ltd. Co. is seeking government grants to fund the startup of their brand, focusing on acquiring materials and parts, as well as implementing marketing strategies. The business plan emphasizes leveraging social media, YouTube, and professional photography to promote the brand effectively. A wholesale supplier is in place to produce the products, and the owner aims to invest 100% of profits back into the business to foster growth and create additional revenue streams until transitioning to full-time entrepreneurship.
The applicant, a motivated 28-year-old with five years of sales experience, has a vision to create jobs in Wisconsin and improve the quality of life in the area. They aspire to eventually support young entrepreneurs as part of their long-term goals.
In terms of competition, the company acknowledges existing businesses such as LGND Supply, Own Boss Co., and Ride Wisconsin but notes that their niche caters to a distinct group of enthusiasts, setting them apart in the market. The owner believes thorough research indicates a lack of similar brands, suggesting that their approach, while reminiscent of other companies, targets a unique audience.
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General Information
Business Registration Number: 92-2713557
Location: Greenwood, WI, 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
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Funding Usage
This funding is fully intended to begin the start up process of purchasing my material for my brand as well as parts/accessories I believe there are markets for as well as some marketing stragedies I have planned.
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Business Plan
I plan to create avenues through social media platforms and their ads, youtube videos, as well as using a professional photographer and models to promote my brand. Most of these steps are in place already. I have a whole sale supplier ready to print and create my brand as I see it. The last steps I have are ordering all the items I have picked out and paying for them entirely. 100% of all profits are going back into the business to create more streams of revenue until my full time job can be replaced. Certain goals are in place as well as financial plans to reach said goals. I will be doing lots of promotional videos as well as promotional giveaways create sales. I am a motivated 28 year old entrepreneur currently in sales the last 5 years as a career. I have the goal of creating Wisconsin jobs as well as the goal to create a better quality of life. The main goal is to get to a point where I can reinvest in young entrepreneurs as well. This isn't necessarily a ground breaking business to help others but it will allow me to take the first steps in financial freedom and continue to create jobs and other business's in my area.
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Self Identified Competition
LGND Supply, Own Boss Co., Ride Wisconsin My business is a completely different realm of enthusiasts hence a different market. the companies I listed are heavy in truck and equipment. The research I have done has proven there isn't actually another business like mine. There isn't even a brand close to the same name. The strategy is similar to the businesses listed but it is not the same.
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Contact Applicant
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