Dreamz of Fashion LLC | Application Preview
Dreamz of Fashion LLC is applying for government grants to support the expansion of their business. The funds will primarily be used to purchase a wider range of merchandise, as the current focus on shoes and accessories has not been fulfilling customer demand due to recent job losses and financial struggles affecting sales.
The business plan involves bringing the existing online boutique into the physical realm by opening a local shop within a year. This expansion is crucial for sustaining operations during the ongoing pandemic, as the drop in sales has made it difficult to cover business costs and acquire necessary inventory. The owner is determined to continue serving customers, especially loyal ones, by diversifying product offerings beyond shoes and accessories.
In terms of competition, the business faces challenges from local hair stores, women's shoe stores, and other online boutiques. However, the competitive edge lies in providing high-quality products at reasonable prices, along with a commitment to customer satisfaction. The owner is passionate about ensuring clients are happy with their purchases, which has fostered loyalty in the customer base. Overall, the requested funding is essential for maintaining the business and achieving the goal of transitioning from an online platform to a brick-and-mortar store.
-
General Information
Business Registration Number: 85-2285888
Location: CANAL WINCHESTER, OH, United States
Length of Operation: 1 year 6 months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
-
Funding Usage
i plan to expand my business to purchase different merchandise. Shoes and accessories have not been a top priority for customers. Due to job loss and shortage, I have not been able to keep up with paying the business cost or be able to purchase the right amount of merchandise I need to stay in business
-
Business Plan
I plan to expand my business within a year or so by bringing my online boutique alive and opening an actual boutique shop in my local area. This funding will help me to stay in business through this pandemic. I understand that many people are not working, and it hurts my business because the sales have gone down dramatically. I want to continue to do what I can to help the ones who are still working and who are buying my merchandise. It would help me to be able to help me to expand what I have been selling to purchase different items other than shoes and accessories. I need to stay in business to fulfill my plan, which is covering my online to in-person boutique shop. I don't want to let my customers down, especially the loyal ones.
-
Self Identified Competition
My competitors are local hair stores, women shoe stores, and other online boutiques. I provide a lovely brand and beautiful shoe quietly for wowed and children. My customers love the merchandise they purchase from me. I have brought items from shoe stores and hair stores, and the quality of the brand was cheap. I could tell me about paying an affordable price. It matches the item I purchase. I offer my pieces at a reasonable price, and the quality isn't cheap. I enjoy going over and beyond to make sure clients leave my website happy and get their money worth spending.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
