HoneyBee Boutique L.L.C. | Application Preview
HoneyBee Boutique L.L.C. is seeking government grants to support its operations and expansion. The funding will be allocated for various expenses, including an annual storefront lease of $28,800, merchandise costs estimated between $20,000 and $40,000, and technology systems ranging from $1,000 to $6,000. Additional funds will cover furniture and small necessities, with estimates between $5,000 and $6,000, and potential remodeling costs of up to $3,000. Marketing efforts are budgeted at $1,000 to $2,500 for ads and promotional materials.
The business strategy focuses on creating a strong word-of-mouth presence by ensuring customer satisfaction. The owner is dedicated to fostering a positive shopping experience, which they believe will lead to community engagement and growth. The application emphasizes a commitment to hard work and a passion for supporting mothers, especially single moms, in their journey.
HoneyBee Boutique aims to fill a gap in the local market as the only maternity shop nearby, differentiating itself from competitors like Target by offering personalized services. The boutique plans to provide hands-on support, including classes for new moms and toddlers, enhancing the overall experience and building lasting relationships within the community.
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General Information
Business Registration Number: 1290662
Location: Madison, MS, United States
Length of Operation: 2021
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Store front Lease $2,400 a month ($28,800 a year) Merchandise $20,000-$40,000 (possibly more) a year Technology systems (computer, card reader, security) $1,000-$6,000 Furniture and other small necessities (couches dresser, rugs, pictures, dressing room needs, displays for merchandise, hangers, other small items like pens, paper, ribbon for gift wrapping, cleaning supplies, $5,000-$6,000 (possibly more if the store front needs remodeling +$3,000) Marketing (magazine ads, business cards, ect.)$1,000-$2,500
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Business Plan
Word of mouth with making every customer happy they will share there experience with others. Market a lot by advertising and always being open to grow and expand to meet the needs of the customers. I am someone who will work hard everyday. I will never settle until the job is completed to the fullest. I want to make a difference in mom to be life’s and hopefully create friendships along the way that will benefit everyone. I strive to be the best version of myself and I would love to be given the opportunity to showcase a single mom we made her dreams come true.
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Self Identified Competition
N/A We do not have a maternity shop anywhere close to us. Target is the only place but they aren’t really a competitor because they don’t have much to offer. My business is different from target where we will be hands on to make a mom feel beautiful for any occasion. We will also offer New mom classes, Birthing classes, Toddler classes to help grow our moms in every aspect of life.
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Contact Applicant
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