Udesign4U | Application Preview
Udesign4U is seeking government grants to enhance its operations and grow its business. The funding will primarily be used to hire additional staff, which will enable the company to improve cash flow, ensure timely payments to employees and bills, and ultimately aim to reach an annual gross revenue of $1 million by expanding its client base.
Currently servicing 5 clients, Udesign4U plans to double that number to 10, which will not only increase revenue but also create more jobs, contributing to the local economy in downtown Los Angeles. Each client generates approximately $100,000 annually, supporting the owner's goal of substantial growth.
With 13 years of experience in the industry, the owner emphasizes responsible use of the funds to achieve sustainable growth that would provide employment for over a hundred local independent contractors. Udesign4U highlights its integral role in bolstering the community through partnerships with local businesses, including restaurants.
The business operates on a unique model, combining various services that are not widely offered under one roof. Unlike competitors that often produce overseas, Udesign4U focuses on local production. Although there are other similar companies emerging in the community, the demand for their services remains high. The competitive advantage lies in the ability to attract designers who are eager for local production options, yet the current capacity limits the ability to meet this growing demand. With additional support, Udesign4U envisions helping more designers bring their brands to life and fostering entrepreneurship in the fashion industry.
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General Information
Business Registration Number: 20-8935294
Location: Los Angeles, CA, United States
Length of Operation: 13
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
This keeps erasing! Doing my best here! If I received this funding I would hire more help and be able to run my business the way Ive only dreamt of, with better cashflow!! I would be able to pay my workers and bills on time! I would be able to double my size and gross $1M/year!
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Business Plan
With the extra help I will be hiring, I will be able to double my client list from 5 clients to 10 clients. This will employ more workers and continue to spread good apparel business throughout dtla! Each client brings in around $100k/year, so hopefully we will be able to grown to $1M!!!!!! :) I am the exact small business owner you are looking to support. Ive been in business for 13 years, so you know Im fighting through everything no matter what to keep my doors open! I am responsible to use the money properly to grow my business to a sustainable size where it employs over a hundred local independent contractors and small businesses paying well enough for them to support their families. Not to mention the restaurants, and other local businesses we all support by being in the neighborhood. So if you are investing in strengthening Los Angeles, Im one of the tiny micro businesses that reach many people!
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Self Identified Competition
My business is a unique model which combines many different businesses into one full package. There are not MANY full package companies for small brands. One is called The Evans Group, who does full package production management, under one roof. Most full package companies produce overseas. A couple of my ex-assistants have started similar companies as me, producing local in the same community! Essentially any sewing shop, screen printing shop, cutting shop, marking/grading shop, trim shop, fabric shop, pattern maker, production house is our competitor! But we don’t need to compete! There is plenty of business demand! The unique nature of my business attracts designers, many of them have been searching for our services for a long time by the time they find us! The problem now is handling all the demand! I can only handle about 5 clients now, but wish to double that. Then we can help more designers mainstream their brands and become entrepreneurs themselves!
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Contact Applicant
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