Slayedbykay LLC | Application Preview
Slayedbykay LLC is seeking government grants to address financial setbacks from COVID-19 and to expand inventory for sales. The business has recently relocated to Atlanta, Georgia, where demand for its services is high. The owner has a strong social media presence with over 13.4 thousand followers, helping to drive customer engagement.
The business strategy includes transitioning from a service-oriented approach to primarily sales over the next two years, necessitating an increase in inventory. The owner emphasizes her dedication, noting that as a 23-year-old black woman, she has invested significant time and effort into her business, often working over 70 hours a week. She actively participates in networking events and continuously seeks to enhance her business acumen.
Despite facing intense competition from established, more experienced businesses, the owner believes her unique perspective and work ethic give her a competitive advantage. Having recently moved to Atlanta, she is building her clientele from scratch, which requires innovation and personal outreach to attract customers. With funding, Slayedbykay LLC aims to capitalize on the growing beauty market and deliver valuable services to clients.
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General Information
Business Registration Number: 84-1863160
Location: Atlanta, GA, United States
Length of Operation: 3
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Pay back expenses caused by lack of income during covid and to purchase inventory to sell, and to service my clients.
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Business Plan
I have moved to Atlanta Ga, where the services I provide are very high demand. My presence on social media has grown tremendously with over 13.4 thousand followers who then turn to customers. I go to every networking event available. My plan is to turn my business from servicing and sales, to all sales within the next 2 years, this is why I am growing my inventory now, to have that as the main focus of Slayedbykay LLC. Investors should invest in me because I work very hard as a young black woman only 23 years old, averaging 70 hours or more a week since I was 19. I invest almost all my profits back in to my business and stay focused on growing my business 24/7. Im consistently doing and trying to learn what I can do to make my business more successful. The beauty world is in very high demand at this time and with the money to invest in the business, Slayedbykay can be very beneficial for customers.
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Self Identified Competition
Since I live in Atlanta where hair business is in such high demand, there is competition everywhere. Most of my competitors are a lot older with much more experience, help from others and much more money to invest into their brand as far as marketing and inventory as well. I am doing and have always done, everything for my business alone with my own money. I have the training and skill set that all of them have or better. My age and the fact that Ive ran my business alone since I was 19 makes me different from my competitors. I have to work twice as hard as everyone else. I am also new to Atlanta. I have only been here for 2 months, starting from the ground up. My competition has been here their whole lives, building clientele for years. I have to actually go out and meet people and find different ways to get clients to want to come to me over my competition.
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Contact Applicant
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