It’s A Classyloc Style LLC | Application Preview
It’s A Classyloc Style LLC is seeking government grants to support its operations and growth. The funding will be used for working capital, purchasing salon equipment, and covering payroll expenses.
The business plan includes expanding the team by hiring more stylists and assisting them in building their clientele through effective promotion and marketing efforts. Additionally, they plan to stock retail products for sale, enhancing their service offerings.
The owner emphasizes a strong work ethic and a loyal customer base, expressing a desire to provide the community with access to hair services in a welcoming environment. While there are other salons nearby, the owner believes that the unique service of Dread Locs sets them apart, as many stylists in the area often recommend their services.
Overall, the application highlights the commitment to quality and community support, positioning the salon as a valuable resource despite limited funding for expansion.
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General Information
Business Registration Number: 833914387
Location: North Little Rock, AR, 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
Working Capital, equipment for salons, payroll
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Business Plan
I plan to add more stylist to the salon, help them build clientele from promoting and marketing. Purchase retail products to sale. I’m a very hard worker with a great clientele. I would like provide my community with a location to work and get hair services. I have a lot to offer but not a lot to invest in my business.
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Self Identified Competition
I don’t have a lot of competitors yes there are other salons around but most don’t offer my services (Dread Locs) I’m very good at locs and most stylist in my location recommend my services to customers.
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