Richard Jinkins
Milwaukee, WI (USA)
Role(s):
Founder/Owner/Principal
r allen & associates
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Startup
Location:
Milwaukee
Industry:
Internet
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
R Allen & Associates would be an internet marketing firm designing and maintaining a web site that would connect bonafied not-for-profit organizations with retailers of new consumer goods, autos, boats, etc that would enable the not-for-profit to purchase the retailers item on a contingency allowing the NFP to offer an online raffle to consumers. Quite simply R Allen would market a website free of use to retailers and NFP's, whereas R Allen would earn its fee upon closing of the raffle. A .25% market share of the U.S. top 25 items would represent gross receipts exceeding $10,000,000,000. annually in the contiguous states alone. The expectation of funds required to launch in the three major markets, Chicago, NY and Las Angeles would be between $7.5M and $9.0M. Returns dependant upon terms could be in the 30-40% range.