PLUTOMINDS LLC | Application Preview
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General Information
Business Registration Number: 81-2824764
Location: Houston, TX, United States
Length of Operation: 4
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Expand inventory, create job opportunities, marketing, store front, purchase vehicle for transport and deliveries, utilities, uniforms, and accounting.
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Business Plan
Our growth plan is directly tied to the inventory available. Hire staff to assist with sourcing , sorting, and selling of merchandise. Build relationship with local communities & businesses to bring awareness to the importance of having a place to purchase items at a discount. Re-invest profits for more market share to support growth. A portion of profits will also be reinvested in purchasing the land and building where we operate which is part of our business model. Finally create systems and processes to facilitate a franchise operation. Our market is a billion dollar market. Consumers love discounts and those sales result in large profits. Our model of purchasing merchandise for 10% of retail value and reselling for 70% or more of retail value is scalable and creates huge returns for investors to grow their portfolios. The acquisition of commercial real estate also generates guaranteed profits to increase investors initial investment.
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Self Identified Competition
Marshall’s, Ross, Burlington. The main difference is we allow customers to make an offer on the products which creates impulse purchases. Allowing the customer to control pricing creates brand buy-in and promotes word of mouth referrals. Currently all competitors dictate pricing which leaves the customers at the mercy of the company. Based on our research customers are more inclined to purchase when they have a say in the price of products. Allowing customers to make the offer while shopping encourages the purchase of multiple products which increase profits. Many of our competitors lose sales because their pricing models aren’t appealing which reduces the opportunity for sales. Our model also allows our sales force to make a living because we’ve already determined the price the business needs to sell products to meet expectations for investors while allowing our sales staff to enjoy the remaining margins when they’re able to sell products as close to retail as possible. The where we distance ourselves from the competition.
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Contact Applicant
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