Kinetic Running Unlimited | Application Preview
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General Information
Business Registration Number: LC014499646
Location: Saint Charles, MO, 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 am a running apparel clothing company which focuses on sales via e-commerce. Funds requested would be used to assist in the development and prototyping of new apparel. As well as help fund some portion of marketing efforts.
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Business Plan
I will use company profits to continue to develop better and farther reaching audiences with marketing and influencer ads. As the company grows we would hire in house designers to continuously develop unique and innovative designs that set the pace for the running apparel industry. Hosting racing and club events in major cities as well as being present in every world major marathon events. Eventually sponsoring up and coming athletes as well as reaching out to bid for collegiate team uniforms sponsorship. This is a good question with probably the most reasonable answer being a guarantee return on investment. Secondly I would say this is an opportunity to invest in a market that has a CARG of 4.51% for the next 5yrs. As well The Running Apparel Market size is expected to grow from USD 13.07 billion in 2023 to USD 16.30 billion by 2028 Source: https://www.mordorintelligence.com/industry-reports/running-apparel-market
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Self Identified Competition
Our major competition would be from similar small start up companies that would however have an upper hand having been in development for a few years. This would include companies like Tracksmith , Bandit, and Saysky. Our attention to detail and functionality as well as design simplicity will set us apart from our competitors. As well as the intent to grow in both size and market share over personal profits. This company will set a culture not only within its operational confines but within the industry for expected excellence. Customers will have no choice but to feel confident that they were considered in every aspect of development of every single product from socks,hats,tops and bottoms. To the packaging their purchases are delivered in. Customer retention is of top priority.
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Contact Applicant
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