SHASHA HAIR BRAIDING & BEAUTY SUPPLIES | Application Preview
SHASHA HAIR BRAIDING & BEAUTY SUPPLIES is applying for government grants to secure funding for essential supplies, cover rent and utilities, and ensure the business remains operational while pursuing expansion.
The business plan includes hiring additional staff and opening a new location, which aims to create more jobs and enhance service offerings. The owner argues for funding approval by highlighting a strong track record of successfully managing the business independently for nearly ten years prior to the pandemic.
Since the onset of the pandemic, customer traffic has significantly declined, leading to challenges in covering basic expenses and putting the business at risk of closure. The local competition comprises hairstylist salons, beauty supply shops, and Dominican hair salons, which offer similar services and products.
SHASHA's competitive edge lies in its established presence and experience in the industry, along with a commitment to never seeking external funding before the pandemic. The grant would provide critical support to renovate the shop, enhance its appeal to customers, and enable strategic growth.
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General Information
Business Registration Number: 308-146422
Location: Lithonia, GA, United States
Length of Operation: 12
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
buying supplies, pay rent, and utilities, keep the business open, and expand the business.
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Business Plan
Hire personnel and open another location Investors should invest in me because I have been running the business on my own proper fund and have been managing successfully before the pandemic hit the country and my business is on the verge to shut down because I am no longer having customers as I used to. All my income so far from the business is to pay rent and other utilities.
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Self Identified Competition
Hairstylist salon. They pretty much do the same business as I do. Beauty Supply shop. Selling the same products Dominican hair salon, operating in the same field as I am. For bout 10 years I have been running the business on my own funds, never asked for a loan or grant before the pandemic. My business has been impacted badly by the pandemic and I found myself in need than ever before to look for additional funding to keep my doors open, by supplies, renovate, make the shop more attractive to customers, hire more personnel and expand.
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Contact Applicant
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