Beard Man's Hand-Crafted Sauces | Application Preview
Beard Man's Hand-Crafted Sauces is applying for government grants to cover startup costs and expand their operations due to increasing order demand. The business plan focuses on launching a food truck to start, with plans to grow by adding more trucks and eventually opening a restaurant.
The rationale for funding approval lies in the current high demand for dining out, especially for quality BBQ, which is less common in the area. The business believes that consumers are willing to pay a premium for quality food, which can yield significant profits.
In terms of competition, the company notes a lack of strong rivals in the region. Their competitive advantage is the ability to provide superior quality food at lower prices while still achieving profitability.
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General Information
Business Registration Number: 87-0947253
Location: Ft smith, AR, United States
Length of Operation: >1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
To help with start up costs, and to expand to meet demand of orders.
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Business Plan
We plan on getting a food truck up am operating selling as much as we can. Then as we grow plan on expanding with a couple more trucks and a restaurant. Because we are in a market where people eating out is at a all time high. An people love a good BBQ which you can't hardly find anymore. People are willing to pay good money for good quality. An with food you can make nice profit off of sells.
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Self Identified Competition
We have no stiff competition in the area. We offer better quality food at a much lower price and still turn profit.
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Contact Applicant
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