Prymrose Boutique | Application Preview
Prymrose Boutique is seeking government grants to fund inventory purchases for its new business. The owner envisions establishing multiple storefronts across different cities, fulfilling a long-standing dream of entrepreneurship. With an upcoming marriage, this venture aims to support immediate expenses and provide future financial stability for the family.
In terms of competition, the area hosts several boutiques, yet few offer a significant selection of men's clothing. Bella Bella is the primary competitor due to its extensive men's apparel, followed by It's What A Girl Wants and Pink Anchor, the latter known for its competitive pricing and good women's selection.
Prymrose Boutique's competitive edge lies in its commitment to offering modest, affordable boutique clothing, including a strong focus on men's apparel and accessories, setting it apart from other local shops.
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General Information
Business Registration Number: 86-1794033
Location: LAUREL, MS, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We are needing funds to help start purchasing inventory for our new boutique.
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Business Plan
I am planning to have my boutique in full stream with a store front in a few different cities. I have always dreamed of opening my own business and becoming an entrepreneur. As I am about to get married, I decided there was no better time than now. This business will help with those expenses now, but then help provide for my family in the future.
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Self Identified Competition
There are many in store boutiques in my area, but very few have men's clothing. If they do, it is very little. Bella Bella would be my main competitor as they have the biggest selection of men's clothing. It's What A Girl Wants would be my next since they will randomly have men's clothing. Lastly, Pink Anchor would be a competitor because they have great prices and a goof selection of women's clothing. My boutique is different because it will carry more modest, affordable boutique apparel than other local boutiques. We will also be carrying men's clothing and accessories, as most do not.
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Contact Applicant
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