Nicks kicks LLC | Application Preview
Nicks Kicks LLC is seeking government grants to launch and stabilize their business. The funding will enable them to acquire inventory and hire their first 3-4 employees by the end of the year. With this financial support, they aim to secure a storefront and promote their goal of making goods more affordable for consumers. The founders understand the challenges of startups but believe their solid business plan will attract the necessary investors.
In their business plan, Nicks Kicks outlines their strategy to leverage Instagram and local events in Michigan to build their brand. They plan to attend monthly shoe conventions and expand their product line to include complementary items such as laces, cleaning products, and clothing as they secure more funding. They currently operate as an online shop, but with a physical location, they anticipate substantial growth over the next five years.
The company positions itself as a distinctive player in the marketplace by operating legally and focusing on community employment while offering competitive prices. They acknowledge their top competitors, who have established storefronts, but Nicks Kicks aims to undercut inflated prices that these competitors often maintain. They believe that their commitment to fair pricing and quality service will resonate with consumers.
Nicks Kicks claims a competitive edge through rapid social media growth, having amassed over 1,300 followers within two years. This engagement indicates a positive community response to their business practices, suggesting that their approach may lead to strong customer loyalty and higher sales.
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General Information
Business Registration Number: 802640446
Location: Macomb, MI, 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
These funds will be used to jumpstart the business in the way of financial support and stability. Allowing for the acquiring of inventory and the employment of our first 3-4 employees by the end of this year! With these funds we shall be able to obtain a store front and begin implanting our brand and purpose, to make goods and products more affordable and readily available to consumers! Start ups aren’t cheap, or easy! However, with our business plan in place, the only thing left is investors and funding for such ventures. In conclusion, we ask for the funding, in good faith, that it will propel us forward into the business realm. FULL swing!
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Business Plan
We’ve developed a platform via Instagram/local community in the first two years of establishment. Attending organized shoe conventions throughout the state of Michigan, building and strengthening ties between entities in the resell world. These shows occur monthly, from city to city. ACROSS THE WORLD EVEN! With the appropriate funding we will be able to grow with the rapid rate of expansion in this market that we’ve seen over the past 3 decades, since the 90’s. We as a company, will branch out into complimentary goods. Such as laces, shoe protectors, cleaning products, and other merchandise such as clothing and various articles of clothing as funding expands, allowing for such allocation!!! With an operating location, I will thoroughly be able to assure the steady expansion of this business within the coming 5 years ! As well are an e-shop based entity as of now. Investors should invest in my company because there isn’t a limit of how far this company will go. With the right minds in operation of the business, successes are inevitable. I studied marketing and entrepreneurship in school where I was able to draw out business plans and intents of such. We’ve already established ourselves in the target market of clients, as well as catching the eye of consumers just curious of the goods and services we offer as a whole. We are a locally established company. Natural born Michiganders, seeking out a grant in this manner, to execute our means of business operation !
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Self Identified Competition
My top three competitors are just that, local resellers. What sets ourselves aside from these individuals is that we strive to be a LEGAL business entity. One that will bring employment to the community as well as the noble gesture of great products at even greater prices. Following most market manipulation tactics from “Stock x”, a platform created by an x stock market analyst, to dramatically inflate the price of a good, beating this competition is CERTAIN. Great prices is a business practice we will strive to maintain. And guaranteed to the general public moving forward. • Fahrenheit 313 •GSNKS89 •Impossible kicks All of these resell companies are based out of a store front but their prices are FAR outside of a reasonable market for consumers. THATS where we come in. On the principle that more units sold makes more money. Not trying to squeeze juice out of a rock! We strive on doing business RIGHT. A lot of what makes us different from our competition was stated partial to the previous box before noticing there was a separate space provided for such information. These competitors have been in business far longer than I have. However, in just two years my social media presence has grown to over 1,300 followers seemingly over night. This exponential growth I’ve YET to see my competition execute. The community reacts to GREAT business and we aspire to garuntee every buyer has access to that same garuntee.
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