The Lash Studio | Application Preview
The Lash Studio is applying for government grants to recover financially and enhance its business operations. The funds will address overdue rent and utilities, restock inventory, purchase a new sign for increased foot traffic, hire a technician to accommodate more clients, and develop marketing strategies.
The business plan focuses on refining marketing efforts, launching promotions, hiring additional staff, researching competitors, implementing customer loyalty programs, exploring new opportunities, and forming strategic partnerships. There is also an emphasis on leveraging global platforms and expanding merchandise offerings.
The argument for funding approval highlights the owner's determination, clear vision, and actionable strategies aimed at establishing a robust foundation in the small business sector. The goal is to ensure both economic success and excellent customer service.
Regarding competition, the primary rivals include local eyelash technicians, beauty supply stores, and online businesses. The Lash Studio differentiates itself by offering a wider range of cosmetic services, including hair, makeup, nails, and massage therapy, along with a unique selection of additional products like hair bonnets, du-rags, and various eyelash care items.
-
General Information
Business Registration Number: 861384386
Location: Belleville, IL, United States
Length of Operation: 1.5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
-
Funding Usage
Funds will be used to catch up on business rent and pay ahead for the remainder of 2021 year, pay utilities for the upcoming months as well as the months behind, restock inventory, buy a sign for business to help bring in more traffic and help with promoting, hire a technician to bring in more clientele and to accommodate more clientele, marketing strategies, promotion and supplies.
-
Business Plan
Improve marketing strategies, business promotions, hiring more technicians, researching my competitors, customer loyalty programs, identifying new opportunities, forming strategic business partnerships, leverage global platforms, and by adding more merchandise. Investors should invest in me because I am a strong goal oriented person, I have a solid vision and plan of action. I will create a stronger foundation in the small business realm, I am invested in having a successful business when it comes to both economical and customer service spectrum.
-
Self Identified Competition
My top 3 competitors are nearby eyelash technicians, beauty supply stores who supply eyelashes, and other online businesses that provide the same services. What makes me different from my competitors is I provide other cosmetic services such as: hair, makeup, nails, and massage therapy. Also, I have additional inventory for purchase; those items are: a different variety of both hair bonnets, and du-rags, mink lash trays, eyelash serum, lash bath, lash glue, etc.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
