GTS Entertainment Group, Inc. | Application Preview
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General Information
Business Registration Number: GTS Entertainment Group, Inc.
Location: Panama City, FL, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $500k to $1M
Open to Loans: NO
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Funding Usage
To hire and train individuals for the ever changing world of audio/visual. Most of the new hires would need to be trained from scratch, which would be time consuming. We have hired individuals that started the process and left the company due to a number of circumstances; the physicality of the job, fear of COVID, the overall technical nature of the job.
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Business Plan
The Audio/Visual side of our business has the potential to grow exponentially. With corporate events rapidly expanding, sound and video are in great demand. We need skilled sound and video crews to work these events. Secondly, the growth of audio/visual installation for the hotel/motel business is expanding greatly. Whether new or existing buildings. Also, the 55+ Communities all have a large amount of audio/visual needs as well as entertainment for their residents. We see that as a large growth opportunity. GTS has been in business for 34 years. We have grown every year, even through economic downturns, oil spills and hurricanes. The exception became the Covid pandemic. We have begun to regain our business and with the expansion on the Gulf Coast as well as the Southeast region in general, we feel we are poised to make giant leaps forward if we have the trained personal to help us.
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Self Identified Competition
In Audio-Visual, our largest competitor is All Pro Sound in Pensacola, Fl. Also, Neves Media in Panama City. In the entertainment business, our largest competitor is East Coast Entertainment, based in Atlanta, Ga. The main difference in GTS and our competitors is we are dedicated to service. 80% of our business is repeat customers. We have worked with some venues for the 34 years we have been open. This is a testament to the dedication we have to our customer experience.
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Contact Applicant
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