Cahaba Soap and Candle Company | Application Preview
Cahaba Soap and Candle Company is seeking government grants to enhance its operations. The funding will primarily be allocated for upgrading equipment and purchasing necessary supplies like jars and wax, as well as paying for licenses across various states. The company aims to prepare for increased demand in summer 2024 and needs financial assistance to hire additional staff during busy periods to prevent burnout. There's also a plan to bring on a content manager so the owner can focus more on product development and business growth.
The business plan includes aspirations to establish a physical storefront with a reliable team. If this isn't feasible, the goal remains to generate enough income to enable the owner’s husband to stop working and pursue further education, supporting his personal goals.
The owner is passionate about the business, describing it as a labor of love that has already shown growth, making $10,000 more in 2023 compared to 2022. They are determined and confident in their ability to meet financial targets. The competition includes major retailers like Walmart and Target, as well as Bath and Body Works. However, the company prides itself on offering non-toxic products, setting it apart from larger brands that often use harmful chemicals in their offerings.
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General Information
Business Registration Number: 6040
Location: Pinson, al, 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
I need to upgrade my equipment, pay for all the licenses I have in many counties and states, I need help preparing for the summer of 2024, I need jars and wax. I need to hire help when things get busy so I don't get burned out. I need to hire a content manager so I can focus more on the product and growing my business this year. The huge bulk will go to equipment and supplies. I also need to hire my help back and I need to be able to keep her on full time.
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Business Plan
With the right help I would love to have a brick n mortar with enough good employees I trust. If that doesn't happen, my goal is to make enough each year to hire my husband so he no longer has to work and stress so much. He is getting older and he wants to go back to school, I really want to help him achieve his goals too. This business is my baby! I've put all my heart, sweat and tears into getting this going and I'm not to back down. I've made of 10K more than 2022 in 2023, I know I can make more and hit my monthly goals. I'm the hardest working applicate you will come across and I make and sell honest products that people love and love recommending to others.
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Self Identified Competition
Walmart, Target, Bath and body works I make non toxic everything, they have my beat in prices and advertising. These huge commercial business put toxic chemicals in soap, candles and and other products we use.
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