Status Ink LLC | Application Preview
Status Ink LLC is seeking government grants to purchase a commercial mixed-use property, allowing them to expand operations and hire more artists and technicians. The intended location will not only provide sufficient space for their existing beauty and paramedical services but also include office space for future leasing or potential short-term rentals such as AirBnB. The business aims to create a welcoming environment that supports the community, particularly for those facing challenges related to health or appearance.
The business plan emphasizes moving from a rented space to owning a larger facility that can accommodate educational programs and training. Status Ink LLC plans to hire additional staff to enhance service quality in the beauty and paramedical fields, specifically targeting services for burn victims and those affected by conditions such as alopecia.
The owner presents a strong case for funding approval, highlighting a successful eight-year track record built on hard work, dedication, and ethical business practices. Their goal is to foster trust with clients by providing quality services in a respectful manner.
In terms of competition, the owner views their primary competitor as themselves, focusing on personal growth rather than on competing with similar businesses. The unique husband-and-wife team dynamic, along with extensive experience and a strong reputation for correcting previous poor work, positions them advantageously in the local market. Additionally, as a minority-owned and bilingual business, they can connect with a diverse clientele, further enhancing their competitive edge.
Overall, the grant would enable Status Ink LLC to strengthen its community presence and expand its services while continuing to advocate for clients dealing with various challenges.
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General Information
Business Registration Number: 81-4323552
Location: Parma, OH, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We would like to purchase a commercial mixed use property. One where we can feel proud is ours, which will provide us with much more needed space. With as many services as we provide, it will be a great help to hire more artists and techs. We want to expand in order to help so many that need us, in an efficient and comfortable setting. We would also like to offer an office space for future leasing, rental or even maybe an Air BnB. We love Cleveland, and would love to help people find a safe, and charming place to stay long term even, while they are in this great city. We are so excited and really hopeful with where our business is and really looking forward to what else and who else we can help with restoring their confidence!
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Business Plan
As explained earlier, we would like to stop renting a small space and expand to a larger, property of our own. I would like to expand in the field of education, so I would need a training room, I would like to hire 3-4 people so that we can be a well oiled machine in the Paramedical field but also to help tie in other beauty services, to incorporate burn victims, disfigurement and add more to the Alopecia community. I have always been a hard worker, driven and determined in everything I do. I built this business as a sole proprietorship and am now on my 8th year of successful business. I pride myself in doing good work and live to my golden rule of "treating others the way I would like to be treated". Meaning my business ethics, reflect me treating every potential client and active client respectfully, friendly and kind. I work with all types of people, from all different walks of life, at every adult life stage, from healthy to those that may have suffered from health complications. All I want to do is build a stronger company with like minded people who want nothing more than to truly help those in need of it, to give them more time with their families, to provide the with beauty and confidence from sun up to sun down and knowing that they can always count on me to help them in any way I can, for as long as possible. I want people to TRUST and look to STATUS INK for everything they need, safely, effectively and with a job well done!
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Self Identified Competition
The beauty business is soaring! And so people are opening up shops everywhere, some are good and some need to work at their trade a bit. Since I have been doing it for while now, I truly find my most competition to be, MYSELF. I try not to be super competitive with other like businesses, because there are things that I do that others do not and vice versa and there are Thousands of clients to share. I am the only one that can hurt my career, by standing in my own way, by not feeding my business with the things I hold dear to me. I love what I do and I do what I love. And that is what will keep me going. I think the uniqueness of having a husband and a wife team that work together definitely sets us apart from the other businesses in the area. I also came into the business right when it started blossoming and therefore I have a lot of experience in what I do and I have hundreds and hundreds of clients that keep coming back to me throughout the years because of it. I have had many people come through my doors in need of correcting work that another untrained individual had performed on them and I think that my reputation in fixing botch brows has definitely become noted in the community. I have helped sponsor breast cancer awareness fundraisers as well as visited breast cancer support groups to offer my services and to guide them with things that will help them in their path to recovery mentally and physically. Both my husband and I work very hard everyday even to past the hours of business norms and throughout late night hours just to be able to provide content to our followers and potential customers. We are also unique in the fact that we are minority owned and operated, and that we are Hispanic therefore we can serve a higher amount of clients as well because we are bilingual and can relate to a wide variety of different types of clientele.
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Contact Applicant
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