Shadow Collection LLC | Application Preview
Shadow Collection LLC is seeking government grants to enhance its business operations. The funding will primarily be used for purchasing additional inventory, expanding the brand, increasing advertising efforts, and covering payroll expenses.
The business plan focuses on consistent promotion, establishing a storefront for customers, and enhancing networking opportunities. Additionally, the owner plans to take courses to improve business management skills and connect with other small business owners.
The reason for funding approval highlights the owner's personal story as a single mother of three who turned to entrepreneurship after facing challenges during the pandemic. After initially selling lashes and successfully promoting her business through various channels, the owner registered the LLC and EIN, developed branding materials, and experienced significant sales. Despite challenges during the pandemic, she has invested nearly $20,000 of her own earnings into the business and believes that with additional inventory, she can significantly increase sales.
The application acknowledges competition from other businesses that have been established longer and have stylists on board. However, Shadow Collection plans to differentiate itself by maintaining ready-to-ship inventory and offering 24-hour availability for customers, eliminating wait times associated with preorders from competitors. The owner is confident that with the right support, she can grow her business further and succeed in a competitive market.
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General Information
Business Registration Number: 08830665
Location: Joliet, IL, 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
Will be use to buy more inventory, to expand my brand , more advertising, for payroll
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Business Plan
By being consist with promoting my business. As well opening a store front for my customers can come to shop. By advertising more. Doing a lot of networking as well as taking up courses to help with learning how to run a business and wats to help grow my business as well. Reaching out to other small businesses owners as well I’m a single mother of two recent just had a another son. I being working since I was 17 years old putting all my hard work and swat into companies, that would fired you and forget what all you done for their company. When the pandemic hit I was in a messing up situation wasn’t able to pay my bills or nothing and the world shut down. I come up with any idea with selling lashes , I found a website and order my first inventory. I went out to mail shops , restaurants, stores , social media and sold my lashes. I was networking and I found out I needed a llc and ein. As I came up with fund I invested more into my business. I got my llc and ein , then I went on to getting a logo made as well as business cards. I end up having my son and Covid was raising so I couldn’t come out. So I had to stop. I save up and decide to do a relaunch on Shadow Collection and add a hairline and hair accessories. You should invest in my business because I have a great hair vendor. I know my business will grow better once I have more inventory on hand. I made almost $10,000 in three months just off me promoting on social media and the people I know. I have my website up and running that’s more sales. I invested almost $20,000 into my business myself all hard earn money. I just a little help for more inventory. With your help I can finish what I already started.
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Self Identified Competition
My top three competitors has stylist that work with them. As well as more help from with in. They know how to use social media to build their clientele. They been in business longer then I have What make me different from my competitors is that I have product on hand. With them you have to preorder. I’m open 24hrs. I have whatever they need on hand no wait!!!
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Contact Applicant
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