Thrifty is Nifty | Application Preview
Thrifty is Nifty is seeking government grants to support the rent and advertising costs of their shop, which is essential for maintaining their business and aiding the local community. The owner aims to increase customer awareness and potentially relocate to a space with better accessibility and parking.
The business plan focuses on expanding the customer base and possibly acquiring a more suitable building. The owner emphasizes a community-centric mission, stating the motivation for the business is driven by a desire to help others rather than personal profit.
In terms of competition, Thrifty is Nifty faces challenges from Goodwill, which is often seen as expensive, and other thrift shops that may not maintain the same level of cleanliness. Thrifty is Nifty sets itself apart by prioritizing community service, offering free items to those in need and supporting charitable organizations, while also ensuring profitability to cover operational costs.
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General Information
Business Registration Number: 874141057
Location: Rhinelander, WI, 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
To assist in the rent and advertising for my shop to stay in business, to help my community. And possibly to relocate for better building space and parking.
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Business Plan
To extend my customer volume by getting more people aware of my shop. And hopefully be able to relocate or purchase a building with better parking and space. I'm not in this business for me as much as I am to help the community.
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Self Identified Competition
Goodwill (expensive) Other thrift shops ( not as clean or tidy) I am here for the people in my community with providing free items to those in need and giving to charity organizations. Yes I need to profit to pay the bills. It's not about me.
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