Illustrious Tresses LLC | Application Preview
Illustrious Tresses LLC is seeking government grants to fund the development of a new storefront aimed at attracting and retaining clients. The funds will be allocated for purchasing essential inventory, employee salaries, rent, and utilities to ensure smooth operations.
The company's business plan outlines ambitious growth over the next five years, with a goal of becoming a well-known, profitable entity recognized for superior customer service, quality products, and effective marketing strategies. Additionally, there are plans to expand into wholesale distribution for other businesses.
The application emphasizes that Illustrious Tresses stands out among competitors, such as Supreme Hair Mafia, Majestic Beauty Bar, and Salon Persuasive. The company claims a competitive advantage due to its offering of high-quality, unprocessed raw Indian hair, which has garnered consumer demand and led competitors to source products from them. Inviting support from funding organizations, Illustrious Tresses highlights its strong market position and consumer loyalty as reasons for investment.
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General Information
Business Registration Number: 87-3094512
Location: Birmingham, AL, 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
These funds will be used to build out our new storefront to gain and keep returning clients. We will also use the funds to purchase inventory to insure that we have all necessary supplies to start and continue to run our successful business. Funds will also be used to pay employees, rent, and utilities.
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Business Plan
In the next 5 years I plan to grow my business into a profitable known company that is known for excellence in customer service, product, and marketing. I plan to expand the company to be a wholesale supplier for other businesses. The reason private funding organizations and investors should invest in Illustrious Tresses is because the company has been well planned out and our product sells because it is the best and most requested by the consumers.
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Self Identified Competition
Supreme Hair Mafia Majestic Beauty Bar Salon Persuasive Illustrious Tresses is the company that should be invested in because we have raw Indian hair that is 100% human hair never been processed and our competitors have bought hair from us to sell to their customers.
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Contact Applicant
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