Elegant Obsessions by Shanta | Application Preview
Elegant Obsessions, run by Shanta, is applying for government grants to expand its operations. The funding will primarily be used to secure a larger space for the business and enhance the product line, with a goal of developing a unique makeup studio and cosmetic line within the next five years.
Shanta emphasizes the community aspect, noting that Terry, MS, would benefit from the growth of small businesses. There is a demand for local services, as residents prefer not to travel far for their needs.
The main competition includes hair stylists, established makeup artists, and nail technicians, all striving to provide high-quality services. However, Shanta believes her business stands out due to her passion, dedication, and commitment to creating a supportive environment for women.
Unique offerings will include a proprietary cosmetic line, makeup tutorials, and job opportunities in cosmetics, filling a gap in the local market. Shanta aims not just to beautify her clients but also to empower young women in the community to aspire to entrepreneurship, ultimately fostering growth in Terry, MS.
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General Information
Business Registration Number: 85-1849110
Location: Terry, MS, United States
Length of Operation: 3 years and 1 year l
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I plan to grow my business and use the financial assistance to help rent out a more spacious environment. I also plan to use the income for better products and expand my cosmetic line.
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Business Plan
I plan to have my very own makeup studio and cosmetic makeup line in the next 5 years. I believe investors should invest in me because I live in a small community of Terry, MS. It would be rewarding to see Terry, MS expand with small businesses to grow within the community. I constantly hear the community dislike traveling far for goods and services.
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Self Identified Competition
I would say my top 3 competitors are Hair stylist, other well know makeup artist, and nail technicians because they all want to have the best service provided to clients and potential clients. My business would be different because I take pride in my business, I am passionate about my business, and I actually want to see my business grow and succeed into a place where not only I service and make women feel beautiful, but also to nurture other young ladies into starting their own business. My business would be different because there is not a 100% own Cosmetic studio in my area. I want to offer a cosmetic line, tutorials, and even offer cosmetic jobs to potential employees in process of growing and developing my town of Terry, MS.
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Contact Applicant
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