Vital Cosmetics and Beauty | Application Preview
Vital Cosmetics and Beauty is seeking government grant funding to enhance their business operations and growth potential. The intended use of the funds includes purchasing inventory and beauty supplies, covering operational expenses, developing new products, expanding wholesale partnerships, and investing in marketing efforts.
The business plan emphasizes leveraging the grant money to boost capital, aiming for wealth creation and improved success. This financial support is seen as a pathway to expand beyond Georgia, tackling existing challenges and capitalizing on opportunities in a thriving industry.
The grant application highlights the entrepreneur's commitment and ambition, suggesting that proper investment will yield significant returns due to the business's promising growth trajectory. The founder emphasizes a strong belief in the importance of investor support for company success, positioning themselves as a dedicated and results-oriented business owner.
In terms of competition, Vital Cosmetics and Beauty faces rivals like Kendra’s Boutique, The Wig Dealer, and Hairs of Fab, all of whom have strong presence and reputations in the market. However, the applicant distinguishes their business by prioritizing exceptional customer service and meaningful client interactions. This personal touch is viewed as a key strategy to foster client loyalty and encourage repeat business, underscoring the belief that relationships drive success in the beauty industry.
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General Information
Business Registration Number: 21081883
Location: Savannah, Ga, 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: NO
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Funding Usage
I plan to purchase inventory, purchase beauty supplies and equipment, cover day-to-day operating expenses, develop my products, expand my wholesale partnership, and invest in marketing
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Business Plan
I will use this business grant to increase my business capital. This grant money will be used with the intended purpose of creating wealth and becoming a more successful business owner. This business grant can essentially allow me to expand outside of Georgia. Investors should invest in me to help me overcome financial obstacles to develop and grow my business on a more broad aspect. The investment will appreciate due to my business being in a highly dominant industry and on the cusp of growing worldwide. I’ve built my business from scratch, I am a highly ambitious individual and I strive to produce superior results in every aspect of my personal and business life. I believe investors play a vital role in the success and growth of a company, and that’s where business owners like myself come in: to be an example of proper execution of the investments.
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Self Identified Competition
My top three competitors are companies who have extensive platforms, especially on social media, and are well known for providing top quality services and high quality products. Those three companies are: Kendra’s Boutique, The Wig Dealer & hairs of fab. What makes me different from competitors is that I actually interact with my clients and do my best to provide outstanding customer service. I’ve always believed that products and services don’t get the business, the manager/owners get the business. Therefore, when interacting with my clients, I make the best impression possible so that clients can return and “invest” more money into my company.
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Contact Applicant
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