A Crafty Corner | Application Preview
A Crafty Corner is seeking government grant funding to cover the initial six months of rent, security deposit, fixtures, utilities, and startup costs. The business aims to secure a larger space, potentially for purchase, enabling it to provide opportunities for other entrepreneurs to grow alongside its own operations.
The funding will support a well-structured business plan designed not only for immediate revenue generation but also for long-term growth, with potential future hiring and support for new entrepreneurs looking to start their businesses.
A Crafty Corner stands out from traditional craft stores by offering a unique setup. It will feature at least ten rental stations for crafters to create their projects while also providing front display areas for selling their crafts. Additionally, a monthly craft fair will be organized, allowing vendors to rent space to showcase their products. This innovative approach creates a supportive community for crafters and small business owners, establishing a competitive advantage in the craft market.
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General Information
Business Registration Number: 88-4003231
Location: New Cumberland, PA, 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: YES
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Funding Usage
The funding would be used for the first 6 months of rental plus security deposit, fixtures, utilities, and start up cost not figured in to the aforementioned.
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Business Plan
By securing more space with possible purchase to offer prospects the chance to build their business along with mine If given the chance, I believe that I have a solid plan that will not only bring in upfront revenue with continued growth but will give the possibility of future hiring or entrepreneur startup for beginners wanting to start their own business
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Self Identified Competition
The niche I have is a little different than most craft stores, not including the big box craft stores. My concept is as follows:. A Crafty Corner will have the following set up. There will be a minimum of 10 stations where crafters can rent out a space on a monthly basis where they can utilize the space to make their desired crafts. In the front of the store they will be permitted to put their crafts on display for sale. Along with the above juncture an inside craft fair will be held on a monthly basis. The additional space will be for vendors to rent a space only during the craft fair. Please see above.
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Contact Applicant
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