The Experience | Application Preview
The Experience, a newly established small business, seeks government grants to support its initial operations. The funding will primarily cover inventory costs, employee wages, and monthly rent of $2,000 for the store. As a sole proprietor, the owner is currently investing personal funds, making this grant vital for future growth.
The business plan aims for expansion, with ambitions to eventually franchise and establish a presence in malls nationwide. Additionally, plans include developing a website to fulfill both online and in-store orders.
Approval of the grant is justified by the potential for rapid growth and the ability to attract a diverse customer base. The Experience differentiates itself from competitors like Forever 21, H&M, and Zara by offering unique, limited-edition clothing that reflects current trends. The owner is committed to staying updated with fashion trends and maintaining a distinctive shopping experience, making the store truly one of a kind.
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General Information
Business Registration Number: 86-2926692
Location: Glenside, PA, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
I am a small business just starting out. The money will be used for my inventory which comes to a lot, also will be used to help pay my employees as I am just starting out. I am a sole proprietor so everything is being paid for with my own money. This grant would help me and my business grow, I will forever be grateful. The money will also help me pay my rent for the store which is $2,000 a month. Please help me
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Business Plan
I plan to expand my business. I believe in my business and hope to soon be a franchise. I want my store in every mall. I would love a bigger store and also a website. I hope in the feature that I am financially stable enough to fulfill online and in store orders. My business has the potential for exponential growth and has access to reach various consumers.
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Self Identified Competition
Forever 21, H&M and Zara. My clothing in the store is unique and limited. It is very modern and trendy. I constantly stay on social media and keep up with the new trends. When the style switches, i switch also. My store will always be update and like no other. It is truly an experience like no other. You’ll have to see it to believe it.
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Contact Applicant
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