theridesharer llc | Application Preview
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General Information
Business Registration Number: 1167123700029
Location: prior lake, MN, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
The company will market its products and services through the following methods and sales channels: - posters - Internet ads - social media - fliers - content marketing - viral marketing - email marketing We intend to mostly engage potential customers through social media platforms as a form of entertainment and information while directing them to our website for the more precise marketing and business information. In addition, further funding is required to help jump-start the business as a result of covid 19 restrictions. Required Funds Theridesharer LLC is seeking to raise $10,000.00 in funding.
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Business Plan
Financial Forecast Historical Financials The company’s current financials are as follows: Average monthly revenue: $2,500 Average monthly expenses: $1200 Yearly gross revenue: $29500 Yearly net profit: $10000 we intend to build on this success and increase our employment staff. The company expects to achieve the following: Average monthly revenue: $4,500.00 Average monthly expenses: $2,000.00 Yearly gross revenue: $54000 Yearly net profit: $30000 Return on investment: 40%.
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Self Identified Competition
Our competitors are partners; Lyft , shipt, Instacart and Uber platforms. My business is different from the competitors as it builds on my competitor's already existing platform.
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