BUSINESS TRACKS PROPS, WARDROBES, ASSETS.BUSINESS NAME: Hollywood Hollywood. 1 Community within the city of Los Angeles, S Calif., on the slopes of the Santa Monica Mts.; inc. 1903, consolidated with Los Angeles 1910. Parts BUSINESS ADDRESS: 12580 Saticoy St., North Hollywood, CA 91605 PHONE: (818) 255-0617 WEB SITE: www.hollywoodparts.com OWNER: Ray Claridge and Mike Filonczuk ESTABLISHED: 2005 NUMBER OF EMPLOYEES: Five DESCRIBE YOUR BUSINESS: We are an asset management and tracking company designed specifically for the entertainment industry. We reduce loss and allow different studios to share assets, sets, props prop 1 n. 1. An object placed beneath or against a structure to keep it from falling or shaking; a support. 2. One that serves as a means of support or assistance. tr.v. and wardrobe A wardrobe (sometimes called an "armoire") is a cabinet used for storing clothes. The earliest wardrobe was a chest, and it was not until some degree of luxury was attained in regal palaces and the castles of powerful nobles that separate accommodation was provided for the or we sell them to the public online. IS THIS YOUR FIRST BUSINESS? No WHY DID YOU START THIS BUSINESS? There was a real need to provide productions with a means to view and manage their purchases and constructed assets online to allow them to see disposition and value to make informed decisions. WHERE DID YOU GET THE IDEA? I (Mike) worked at Universal Studios for 27 years and recognized a need because of the huge storage costs and loss due to lack of information available to executives. HOW LONG FROM CONCEPT TO OPENING? Seven years. WHAT DID YOU DO DURING THAT TIME? We refined the concept and designed intricate software that tracks, rents, sells and manages assets online. WHAT WERE YOUR STARTUP (STARTing UP) "At startup" means when the computer is first turned on or when a program is first loaded. See Startup folder. COSTS AND HOW DID YOU FINANCE THE BUSINESS? Around $300,000, mostly for software development, and we self-financed. WHO ASK FOR ADVICE? Our own combined 60 years of experience in the industry. WHAT HADN'T had·n't Contraction of had not. hadn't had not hadn't have YOU CONSIDERED BEFORE OPENING? We didn't did·n't Contraction of did not. didn't did not didn't do realize the time it takes to design, build and test the software and Web site. WHAT IS THIS YEAR'S EXPECTED REVENUE? We don't don't 1. Contraction of do not. 2. Nonstandard Contraction of does not. n. A statement of what should not be done: a list of the dos and don'ts. expect to be profitable this first year, but we're projecting $5million our second year. WHAT COMPANY GOALS DO YOU HAVE? We hope to become the central clearinghouse clearinghouse Institution established by firms engaged in similar activities to enable them to offset transactions with one another in order to limit payment settlements to net balances. and source for all entertainment assets -- a kind of eBay for the entertainment industry. Our goal is to have all productions check our Web site first for all their production needs. Sets, props, wardrobe, set dressing, equipment and film will all be available at much reduced prices. The public can now purchase production leftovers on hollywoodparts.com. We also allow the public to store their items with us and we place them for rental in movies and television. CAPTION(S): photo Photo: (color) Mike Filonczuk is co-owner of Hollywood Parts, a storage and asset management company for the entertainment industry in North Hollywood. He stands with a wide range of movie props. David Sprague/Staff Photographer |
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