Forever official investments llc | Application Preview
Forever Official Investments LLC is seeking government grants to support the launch of their business, 5B Luxury Lounge. The funding will primarily be used to compensate employees, purchase products, and ensure that the storefront is developed according to their vision. The applicant, a 23-year-old entrepreneur, emphasizes the importance of not only supporting their business aspirations but also providing for their family.
The business plan focuses on growth through collaboration and personal development, with the aim of mastering essential business skills. The applicant is committed to building a solid foundation and contributing to their community, striving to create generational wealth while overcoming challenges they face as a minority entrepreneur.
The proposal highlights the unique aspects of 5B Luxury Lounge, which differentiates itself from competitors by offering services such as a bar, barber shop, beauty salon, boutique, and event space—all under one roof. Located in downtown Cleveland, the business has already generated interest, evidenced by a waiting list of potential customers. The applicant believes that their diverse offering and focus on luxury, combined with a willingness to learn and adapt, provide a significant advantage in a competitive market. They seek validation and support from investors to further showcase their talents and achieve their goals.
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General Information
Business Registration Number: 872472329
Location: Cleveland, OH, United States
Length of Operation: 2 months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
My Plan For This Funding Is To Have The Backing I need To Be Comfortable Knowing, I can be ready for anything while trying to start my new businesses. I am only 23 with no help but big dreams . This will go to paying my employees & buying product and making my vision with my store front go exactly how I want it . I need to still live and feed my family .
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Business Plan
I plan on growing with growing everybody around me and building a solid foundation. I plan to invest and take my time and learn the in’s and outs of business and really master a skill that I taught my self. I will dedicate my self to being the best I can be . Investors should invest in me because I am a young eager minority that’s is trying to build generational wealth & break a curse. I am not just talking about something I want to do, I already put the plan in motion and I am actually doing it already. I just need someone to actually believe in me for once & I could showcase my talents .
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Self Identified Competition
Our top competitors does not do acrylic Our top competitors does not have a bar Our Top Competitors Doesn’t Have 400 people in one building waiting for them to open before it even hits the public eye . Well my business is called 5B luxury lounge, that name stands for 5 businesses . Bar, Barber, Beauty, Boutique, & Events , my store front is 2,716 square foot in downtown Cleveland on prospect avenue . I don’t think none of my competitors will offer half of the services we will provide over at 5B. We are Luxury Polish and young but we take in wisdom and are super ready to learn and be students of the game and make our own stamp .
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Contact Applicant
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