Texas Tycoon Trading Cards LLC | Application Preview
Texas Tycoon Trading Cards LLC is seeking government grants to support their growing business in the sports memorabilia market. The funding will be used for various expenses including purchasing sports merchandise, card protectors, a computer, a shipping label printer, and organization materials. Additional costs cover padded envelopes, a FedEx account, online shop fees, marketing efforts, event participation, a mobile vendor booth, and authentication of various items.
The business plan focuses on increasing inventory to meet the high demand for their products. By investing in advertising, particularly by branding their mobile vending booth and travel trailer, they aim to attract customers at trade shows and sporting events where they can acquire unique merchandise and autographs for resale at a profit.
The proposal emphasizes the urgent need for funding due to an imbalance between demand and supply. As collectors seek items that maintain or grow in value, sports memorabilia is increasingly appealing. The company notes limited competition in the area, pointing out that while there are other vendors, the uniqueness of their products sets them apart. By enhancing marketing efforts and ensuring product protection, the company believes it can successfully capitalize on the current market demand.
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General Information
Business Registration Number: 92-3629752
Location: Weatherford, TX, 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: NO
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Funding Usage
Expense included but are not limited to the purchase of: Sports Merchandise-primarily sports cars Card protectors Computer Shipping label printer Organization materials- shelving, storage boxes, labels Padded envelopes FedEx account Online shop fees Marketing Event participation fees/vendor fees Mobile/traveling vender booth Vehicle capable of pulling small trailer if mobil vending booth is unavailable Participation in various sporting events to obtain unique and authentic signatures on items Cost of verification/authentication of various items Cost of Wi-Fi
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Business Plan
By purchasing more inventory to satisfy the incredible demand and interest in our products. We plan on investing on advertising by wrapping our mobile vending booth/travel trailer with the Texas Tycoon Trading Cards LLC name and contact information. This is not only helpful when traveling to various trade shows but sporting events as well. Here merchandise can be obtained, autographed and eventually authenticated for a maximum profit margin. We currently have more demand than supply and resources to complete customer orders. As the world becomes more unsure about monetary resources, they are purchasing/investing in various items they feel will retain their value. Sports memorabilia is a unique area where coveted sports items build value as time goes on. Increased availability is often limited, if not impossible, to obtain.
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Self Identified Competition
Unknown. Demand far outweighs the availability and vendors in this market. Not a lot of compaction in an industry with low supply and high demand. It’s uncommon for those in the industry to truly carry the same products. Store A, B, and C can have a Babe Ruth baseball card. All 3 are baseball cards but slightly different. The prices can be the same or extremely different. Most collectors will still want and purchase all 3. Hence the importance of marketing on the company travel trailer and product protection with the necessary supplies.
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Contact Applicant
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