Yourx Pharmacy LLC | Application Preview
Yourx Pharmacy LLC is applying for government grants to enhance its operations and better serve the community. The funding will be allocated for expanding inventory, acquiring new equipment, and improving technology. A key aspect of the plan includes building a dedicated room for immunizations and purchasing additional vehicles to increase delivery services, ensuring that individuals without transportation can still access necessary medications.
Over the next five years, Yourx Pharmacy aims to grow by hiring more staff and expanding its delivery capabilities. The pharmacy intends to focus its efforts on underserved areas, particularly those lacking nearby pharmacy options, thereby targeting socio-disadvantaged communities that require access to healthcare services.
In a competitive landscape dominated by larger chains like CVS, Walgreens, and Rite-Aid, Yourx Pharmacy differentiates itself by prioritizing community needs over profit. The company aims to establish itself as a community-focused pharmacy, committed to enhancing the wellness of its patrons and fostering strong community ties.
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General Information
Business Registration Number: 882951462
Location: Warren, MI, 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
We will use this funding for additional inventory purchases, inventory, equipment, computers, and software. This funding will also go towards building a separate room for immunizations. We also want to put some of the funding towards purchasing additional vehicles to expand our delivery range so that people who can't drive or make it to the pharmacy still get the care they deserve.
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Business Plan
We plan to grow the business in the next five years by hiring more people, expanding our delivery services by adding more vehicles to our fleet. We are planning to open operations in areas that don't have access to pharmacies--including socio-disadvantaged areas. The money that inventors would be providing would be going towards helping people in the lowest parts of our economy that greatly need access to a pharmacy that has their best interest in mind.
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Self Identified Competition
Our biggest competitors are the bigger pharmacies, including CVS, Walgreens, and Rite-Aid. These pharmacies buy out competition and, at the same time, remove accessible pharmacy-care from places that really need it. We are a small business that wants to thrive for our community. These bigger companies don't care about the ESG of the communities that they place themselves in. Our company wants to evolve past that and make our pharmacy the cornerstone of the communities that we are located in.
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Contact Applicant
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