Dr. Beys Priceless Heights | Application Preview
Dr. Beys Priceless Heights is seeking government grant funding to enhance the operations of their jewelry business. The requested funds will be allocated towards expanding inventory, purchasing additional supplies, hiring assistance, and covering various business expenses.
The business plan entails reinvesting all generated revenue into the company and committing to full-time work. Any extra funds secured will be utilized for advertising efforts, establishing a personal website to eliminate selling fees, and organizing events to boost sales.
Dr. Beys emphasizes their 20 years of sales experience in various sectors, showcasing strong budgeting skills and a proven track record. Starting with an initial investment of $200, they successfully generated over $20,000 in sales within the first year. The goal is to scale this achievement significantly, aiming to transform $20,000 into $200,000.
In terms of competition, Dr. Beys identifies Shop LC and other online retailers. However, they believe their competitive advantages lie in superior drive, higher quality items, and more attractive pricing compared to rivals in the jewelry market.
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General Information
Business Registration Number: Dr. Beys Priceless Heights
Location: Germantown, 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: YES
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Funding Usage
I will use these funds to expand inventory, buy more supplies, hire a helper and pay for business expenses.
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Business Plan
I will use all revenue to invest in this company and work on this business full time. Also I will use any extra funds that I will secure to advertise and build my personal website and cut out any selling fees. Finally I will organize and host events to sell even more inventory. I have had over 20 years in sales experience selling cars, computers and shoes and I am very proficient with budgeting my books. I am the perfect candidate for this type of business due to my willpower, organization, experience and resources. I started out with $200 for this jewelry business in my first year I sold over $20,000 worth of jewelry. If given the opportunity I will turn $20.000 into $200,000.
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Self Identified Competition
Shop LC rishialexanderonlinerishialexanderonline edge.city I feel I have more drive and better quality items at more competitive pricing than any other jewelry business.
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Contact Applicant
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