82-2919634 | Application Preview
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General Information
Business Registration Number: 82-2919634
Location: Mesa, AZ, 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
The Hippie Lash Plug would use any funding towards the following: Allocate funds for purchasing lash products in bulk. Invest in negotiating favorable terms with suppliers for discounts. Cover costs for efficient storage and logistics for bulk inventory. Allocate resources for quality control measures to ensure product standards. Invest in inventory management systems for effective tracking. Reserve funds for marketing and promoting bulk lash products. Keep a working capital reserve for flexibility in managing expenses. Strategically manage payment terms with suppliers. Allocate resources for regular analysis and be ready to adapt strategies based on market changes.
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Business Plan
The Hippie Lash Plug anticipates the growth of the company to evolve over the next 5 years by staying focus on product development and market entry along with building brand awareness through targeted marketing. It is the goal to establish a customer base and refine business operations throughout the years where it can continue with expansion to scale marketing efforts to reach a broader audience. Throughout the operation of the business, The Hippie Lash Plug aims to continue its growth with diversification by introducing new products and strengthen partnerships and collaborations. Overall, The Hippie lash Plug will strive with intense focus on long-term sustainability and profitability by also exploring international markets or strategic alliances as well as invest in innovation and continuous improvement. One of the fundamentals of business and the reason an organization should be in the market is to positively impact its community. The Hippie Lash Plug has a continual focus to nurture and grow through support and knowledge for all lash artists. By investing in The Hippie Lash Plug, you are not only allowing it to prosper and grow but also giving the opportunity through this multiplier effect allowing it to help lash artists both local, nationally and internationally.
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Self Identified Competition
Market saturation is limited. The majority of the competitors offer the same thing. Subpar lash products, unfavorable shipping times and lack of customer service. Most lash companies sell online only via their websites as well as Amazon. The Hippie Lash Plug is different from competitors as we have sourced the best products and have negotiated the best possible pricing. This allows The Hippie Lash Plug to be competitive with comparable or better pricing for its customers allowing them to provide exceptional results and quality workmanship without the increased cost. The Hippie Lash Plug also offers direct to consumer sales for local artists as well. The increased demand for products "immediately" has increased greatly. It is our goal to not only provide products to customers that are not local, but to solve the intense demand for customers that are local. There are many beauty supply chains for professionals, however, not one of them carry professional lash supply products. Making it even more difficult should an artist run low, or out. Or simply receive "bad" products. This directly effects their ability to not only work but to provide for their families if they cannot work. By offering same day or next day pick up, we can assure that every lash artist is equipped to work with not only quality supplies but the best customer service possible.
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Contact Applicant
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