Brandi Kandi Natural Hair LLC | Application Preview
Brandi Kandi Natural Hair LLC is seeking funding to expand its business by creating additional job positions for trained braiders and addressing rising shipping and inventory costs. The company specializes in developing affordable hair products and styles, which have contributed to its consistent monthly gross revenue of $5,000. With the requested $30,000, Brandi Kandi aims to maintain its budget for shipping and inventory, impacted by inflation and other economic challenges.
The business's growth potential is significant, as hiring three more stylists could enhance revenue by leveraging a unique styling technique that generates $300 per client. Additionally, the company offers flexible payment options, making it easier for clients to access services. Brandi Kandi positions itself as an innovative leader in the industry, claiming no direct competitors due to its unique product offerings and proactive approach to market needs. Overall, funding would enable the company to continue serving its community effectively while expanding its workforce and enhancing product availability.
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General Information
Business Registration Number: 821280568
Location: conyers, GA, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
My company plans on using the funds to create more job positions for braiders we train up and teach! We also plan to use the money to help us shipping and inventory. Due to inflation, covid and money pox, the cost of things like shipping and certain inventory has when up in cost over seas.
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Business Plan
My plan is to create more positions for the braiders I teach under me. Right now we create our own products and styles that are affordable to our community! That has helped us stay in business and still grow as a business. We are just needing help for shipping cost and inventory! Due to inflation, covid and money pox, we are having a time with shipping cost and over sea cost of hair interfering with our business monthly budget. $30,000 would be very helpful to my business just to keep the shipping cost and inventory cost from going over monthly budget. Hair is still top rank for investors to invest in. My business does $5000 gross monthly, but could do more if I had $30000 more for the stylist I train and the products/hair styles we create! We make $300 per head for this unique style we made up! If I had the space and money I could hire 3 more ladies and teach them this style and bring in more perhead! We also over klarna and other 3 installment payments that helps the clients pay us in full! During the pandemic we still sold hair extensions and products! Our community Will forever get their hair done even if they have to install our pieces on there own.
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Self Identified Competition
I hate to sound cocky but I dont have any competitors! We are inventors and we are always 5 steps ahead. I hate to sound cocky but I dont have any competitors! We are inventors and we are always 5 steps ahead. We make our own products and hair pieces by hand! Thats what makes us stand out and be ahead of others.
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Contact Applicant
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