Hello, I'm very troubled to have to say that we are up against the wall and if something does not happen right away we will have to shut down. A costly clerical error has resulted in inconsistencies in my lead source and although we have taken some steps to resolve them I am in a downward spiral on daily revenue until the leads are consistent. If you understand the uniqueness of how our sales are derived you will see that cold calls are not effective enough to sustain us. I know that we have a plan and business concept that could create a strong multi million dollar company. We have 5 years of development that would take the half million dollars we've already invested to duplicate. We have client testimonials from Celebrities, CEOs, Magazine editors, Publishers; some of which can be seen on our web site. We have shipped our product nationwide and even with the economy the way it is, people still buy my product because of the need it fills for them. The barriers to entry in this market are not significant at present and there are unprotected processes and trade secrets that once addressed, could make it more difficult for someone else to duplicate what we do. Specifically, our competitors. Which is why I have been so elusive in my posts as to the identity of my company and product. That being said, I am looking for someone to partner with and although in a previous post I stated that I did not wish to give up equity for financing, I see no other way to save this company. I definitely do not want to do a merchant advance, it just is not right for our needs.
I consider us to still be in our start up phase because of the groundwork that had to be laid in order to get us to this point and because for 5 years I've been trying to retain ownership while taking baby steps with only personal financing as the fuel to our development. I have an extensive plan that requires 750k to fund that brings us into profits sooner by equipping us properly for the sales and production demands that would happen as a result of the funding. This particular plan includes the purchase of equipment instead of leasing as well as other areas that can be trimmed if necessary. The other option is for us to clear up debt and build personal and business credit in addition to the implementation a few efficiencies like getting our lead sources back on track, focusing on web marketing and an online store, advertising and some operating capital. I estimate that this can be done for around 100k but 150k would give us some room. There is value here and for someone willing to bank on us, I believe there to be great financial reward. I can be reached at email@example.com for inquiries. You must sign a non disclosure agreement for the plan. But please, I do not have the time or resources to waste on corresponding with anyone that does not have serious intentions or the means to help. We are on our last legs and my efforts in the following days can literally make or break us. Please post here if you have any suggestions outside of funding that I can immediately use to increase our chances of saving this company.