Odara Emerald | Application Preview
Odara Emerald is seeking government grants to support the growth of her fashion and home decor business. The funding will be allocated to collaborate with various manufacturers for producing designs, hiring a photographer for showcasing the products, and engaging models for promotions.
Over the next five years, Odara envisions expanding the business nationwide, establishing stores in multiple cities, and ultimately transforming it into a large corporation that offers high-quality clothing and home decor accessible to everyday consumers.
Odara's commitment and work ethic highlight her dedication to the business, emphasizing a persistent pursuit of her goals. She believes that securing funding will be essential for her journey.
In terms of competition, Odara identifies three main rivals: ShopStyle, which offers a broad range of apparel and home decor at higher prices; Fashion Nova, which focuses on women's clothing; and J.C. Penney, which provides clothing for all genders but lacks a strong home decor component.
What sets Odara apart is her focus on selling high-quality clothing and home decor at reasonable prices, catering to a diverse customer base without limiting her offerings to a specific demographic. This inclusive approach, combined with her dedication to quality, positions her business uniquely in the market.
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General Information
Business Registration Number: 32061546233
Location: Houston, TX, United States
Length of Operation: 2016
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
I plan to use the money to team up with different manufacturers to have my designs produce, a photographer to photograph my designs, models to wear them, and lots and lots of promotion.
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Business Plan
In the next five years I plan to become nationwide and have a few stores put into place in different cities. I want to eventually turn my business into a large corporation to bring high quality clothes as well as home decor to the average day citizen. I would love for investors to invest in me and my company because I am dedicated, hard working, and even though this has been a long process in the making and a longer one to come, I never give up on something I truly want.
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Self Identified Competition
My top 3 competitors are shopstyle (sale clothes for men and women and well as home decor and high prices), fashion nova ( sales clothes for just women), and jc pennys (who sales clothes to men, women, and children but not so much home decor). What makes me different from my competitors is that not only will I sell high quality clothing at a reasonable price, I will also sell good quality decorations for people to create a wonderful home environment or to create that little place of peace and relaxation. I do not plan to cater to just one group of people whether male or female but rather everyone and some of their needs.
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Contact Applicant
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