Be So Extra, LLC | Application Preview
Be So Extra, LLC is seeking government grants to enhance its online retail business. The funding will be allocated for marketing efforts and purchasing additional inventory, including shipping materials, accessories, and clothing items.
The business plan outlines a goal to transition from an online-only presence to establishing a dedicated store or boutique within the next five years. Currently, operations are conducted exclusively online.
The applicant emphasizes the need for funding, stating that personal finances are currently supporting the business. They express confidence in their brand and a strong commitment to achieving success, which they believe justifies investment from external sources.
In terms of competition, Be So Extra identifies three main competitors in the online black-owned clothing boutique market, which are Nicole Lynel, From Britt, and Celine Chanel Collection.
The competitive advantage cited is the unique and appealing product offerings that have yet to be effectively marketed. The applicant believes that their signature pieces can distinguish their boutique from competitors, potentially attracting a loyal customer base.
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General Information
Business Registration Number: Be So Extra, LLC
Location: Brandywine, MD, 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 will use my funding for marketing, buying more material for my on-line store such as shipping materials, accessories, and clothing pieces
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Business Plan
In the next 5 years I plan to have my own store or small boutique. Right now, I solely operate on-line. Well, I use my own personal money for everything that I buy and purchase for my store. I believe that investors should invest in me because, I believe in my business. I will work diligently to make sure that my business is successful.
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Self Identified Competition
I will say my top 3 competitors are the following on-line black owned clothing boutiques: Nicole Lynel: www.shopnicolelynel From Britt: www.frombritt.com Celine Chanel Collection: www.celinechanelcollection.com I believe I have great items for my boutique that just haven't been able to be marketed correctly. What may set me apart are signature pieces
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Contact Applicant
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