L Diamond Cosmetics | Application Preview
L Diamond Cosmetics is applying for government grants to support product purchases from merchants and facilitate local deliveries. The funding will also contribute to a vehicle for drop-offs. The business plan focuses on expanding the product line to include natural skincare items, lotions, body scrubs, and henna services, alongside establishing a warehouse and storefront.
The applicant highlights her identity as a young, black female entrepreneur with a strong desire to succeed and give back to the community. She envisions becoming a philanthropist to support future generations and aid those in need.
While acknowledging the competitive landscape, she believes in her unique selling approach and self-confidence. Her competitive edge lies in her charisma, enthusiasm, and strong leadership skills, which she believes will drive her business to success despite the competition.
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General Information
Business Registration Number: 85-2446952
Location: Cleveland, OH, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I will use the grant to fund the products from merchants and to ship them to customers. I also have to fund the vehicle that I do drop offs locally in.
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Business Plan
I plan to add more natural products as I grow such as skin care (i.e. lotions, body scrubs, makeup utensils, face mask and henna services). I will also develop a warehouse and store front. I am a young, black female entrepreneur who is determined to be successful to aid future generations. As my wealth increases, the goal is to become a philanthropist and help build communities and funding for those in need from my own businesses.
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Self Identified Competition
There are a lot of competitors around me. Women who sell the same things and me and men as well. It’s all in your uniqueness of how you sell yourself. As the leader I am, I don’t see competition as I am in a league of my own and will exceed in wealth regardless of anyone else’s businesses. My uniqueness and charm sets me aside from other people. I could sell salt to a slug. My enthusiasm and optimism is what gets me through as well as my reality on situations. The leadership skills I possess are more than enough for me to run my own business and make it a successful one.
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Contact Applicant
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