Custom Wigs and Extensions | Application Preview
Custom Wigs and Extensions is seeking government grants to fund several aspects of their business. The requested funding will be used to cover rent for the remainder of the year, purchase wholesale inventory, launch a nail care business, settle bills for communication and online services, and facilitate minor renovations within their business space.
The business aims to expand its services by establishing a dedicated salon for clients experiencing hair loss due to conditions like alopecia or cancer. Additionally, plans are underway to open a nail shop, with marketing efforts to be enhanced through local radio and press outreach.
The application emphasizes the need for funding by highlighting the prevalence of hair loss in the community, affecting many individuals' confidence and self-esteem. Custom Wigs and Extensions intends to support these individuals by continuing to provide essential hair loss services and wig products.
While acknowledging the competition within the cosmetology field, the applicant views other professionals as sources of inspiration rather than competition. They express a commitment to personal and brand growth, focusing on their passion for the craft.
The competitive edge of the business lies in the owner's genuine love for helping others and a strong desire to give back to the community, treating this work as more than just a job.
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General Information
Business Registration Number: 84-3527396
Location: Lanham, MD, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
Pay rent off for the rest of the year Pay for wholesale inventory Pay for products to start up my nail care buisness pay for phone bill, website, third party fees pay for minor constuction work inside my buisness suite.
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Business Plan
I plan to expand to building a Salon for hair loss clients with alopecia and/or cancer clients who have lost there hair . I plan to open a nail shop and push marketing through a radio station and press releases/interviews There are alot of people in my community men and women that face hairloss as they get older or through genetics . With these conditions it shoots down confidence and self esteem. I would like to give back to my community by continuing to provide hair loss services and wig extensions.
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Self Identified Competition
I understand that there are alot of cosmetologist and people who provide hair services . But I do not see them as competition more so as people I can learn from or look up to. I am worried about building my bran and being the best that I can be I feel like i would consider myself different because this is my passion. This doesnt feel like a job , I find joy in helping people and giving back to my community.
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Contact Applicant
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