Trendy ByShemaLLC | Application Preview
Trendy ByShemaLLC is seeking government grant funding primarily to cover expenses, particularly inventory, which is essential for generating more revenue. The business plan includes strategies for growth through advertising, hiring employees, and hosting pop-up shops to increase brand visibility.
In justifying the need for funding, the owner emphasizes the importance of supporting a small business that aims to expand. The intention is to reach a wider audience through effective advertising and to create jobs, thereby contributing to the economy. The mission is to empower women by instilling confidence and self-love through fashion.
When considering competition, Trendy ByShemaLLC identifies major players such as Fashion Nova, Pretty Little Thing, and Akira. However, the business positions itself uniquely by offering affordable clothing options, making it accessible to various income levels. This affordability not only attracts customers but also enhances their confidence and satisfaction in their purchases.
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General Information
Business Registration Number: 863461230
Location: Brooksville, MS, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
I plan on using funds on all of my expenses(mostly inventory) by doing this I can generate more revenue.
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Business Plan
My plans on growing my business is by advertising, hiring employees, continue to do pop-up shop (to get my name out there). Investors should invest in me because I am a small business who is looking to grow. I believe with investments I have a better change of advertising to a large crowd and I want to be able to hire employees to keep the economy going. My goal is to to give women their confidence and self love while being bold and wearing whatever they want to wear.
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Self Identified Competition
Fashion nova Pretty little thing Akira What makes me different from my competitors are my pricing. I make my clothes affordable to any income class. I know as mother’s we always love a nice outfit for a great price, that alone will Gives a woman confidence, self love, and satisfaction.
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