Slicks Inc | Application Preview
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General Information
Business Registration Number: 6580454
Location: Albert Lea, MN, 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
I'd really like help expanding my retail end of my business. I have new and brilliant ideas that I could sell in various retail outlets like SCHEELS and ZUMIEZ as I already put in the work to establish a relationship with these stores and others. The issue is I need more financial support in order to both fund the retail end of my business as well as the wholesale end. The best part is that funding the retail side directly expands my wholesale side as prospective clients see the new designs I make and then ask me to make that for their brand.
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Business Plan
I'd like to establish myself in a larger building and house my own manufacturing equipment and have my own team of employees. I plan to stay local to south central Minnesota as a way to support my community and keep the money here. I started this business and on day 0 was working with a celebrity brand and a billion-dollar corporation as clients. I've been interviewed on regional multi-state news for both live tv and live radio (MPR). I've turned my work into opportunities where I've even met my state governor. Investing in my business is investing in someone who is only 28 that has a track record of making things happen. The only thing I could use outside of funding is access to more mentors.
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Self Identified Competition
Grass Roots California - a California clothing manufacturer that outsources from China. Electric Family - a California clothing manufacturer that outsources from China. Both of these brands are significantly bigger than me and have both attempted to rip off my designs and work. I don't really have any other significant competitors to mention. I'm trying to keep things local. I'm always giving back to my community. I'm always focused on bringing value to the customer instead of lining my own pockets.
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