Closet CLE LLC | Application Preview
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General Information
Business Registration Number: 833106811
Location: Cleveland, OH, United States
Length of Operation: 2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We plan on using the money specifically on Marketing and Advertising which will increase visitors and sales and in return create a profit, Administrative fees to make sure every thing is paid up and in advance to prevent any discrepancies that could prevent or delay sales and Legal fees such as taxes and our LLC renewal.
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Business Plan
We plan to increase our company to speed up 10 percent and maintain excellent customer service, shipping and delivery times, begin to expand our marketing reach and introduce influencers by at least 20% which in return will create a significant increase in sales of almost 50 percent, add more diverse products to our company to match seasonal demands which will increase our weakest quarters by at least 10 percent. Which will in return increase our annual revenue from 10,500 to 20,000 Without funding or assistance we have already established our brand, we have a 83% new customer rate and 18% returning customer rate and are now making consistent sales daily, made 10,500 last year and 9,500 this year and it's not even June which means our revenue is increasing. We know the potential of our company and the high demand for businesses like mine and invested our own money and took on the risk without startup funding and are still standing.
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Self Identified Competition
FashionNova, Forever21, GSWOO. All three of these companies are very similar to mine however they're all missing some things. These are all issues my company intends to correct. Although FashionNova has great prices, their shipping speeds do not match what's actually offered. Most customers wait on average at least a month for products and sometimes they don't receive their items at all. ClosetCLE ships all items out within a week via 3-4 day shipping and offers 1-2 business day shipping with detailed tracking. Forever21 is very established and has numerous physical locations however their sizing is quite small. Their sizing is made for a specific type of women, thin, small, petite, even their larger sizes run small. ClosetCLE has a wide range of sizes and our clothes fit all body sizes and figures which is one of the reasons our customers love us so much. GSWOO is an up and coming retailer who excels in influencer marketing, however, their pricing is a bit high and shipping also takes longer than expected. Our prices are not only affordable but the quality is unbeatable. We pay attention to our customers wants and needs. We take the time to reach out ask questions, and make sure we reach out to our customers within 24 hours with answers to their problems. We truly care and it shows, not to mention our prices and quality are unmatched. Our products bring out women's confidence and promotes body positivity for all shapes and sizes.
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Contact Applicant
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