sope s falou african hair brai | Application Preview
The grant application for Sope S Falou African Hair Braiding outlines the urgent need for funding to cover bills and expenses after a three-month shutdown. The applicant aims to expand the business over the next five years by increasing product offerings and enhancing advertising efforts to build brand awareness. The primary reason for the funding request is the financial strain the business is currently facing, with difficulties in covering rent, electricity, and employee wages. Despite the challenges, the applicant believes they have a competitive advantage in providing superior customer service, offering better products, and paying employees more than their main competitors—Khady's Braiding, Fatou African Braiding, and Touba Hair Braiding. The goal is to turn the business around and establish a lasting presence in the community.
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General Information
Business Registration Number: sope s falou african hair brai
Location: medina, OH, United States
Length of Operation: 250 days
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
my bills expense my business was shut down for 3 months and little more
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Business Plan
at the moment my business is a small business in the next five year i want to increase my business capacity with products and do as much advertising as i can and make sure my business in known. i'll make sure i can provide the best service possible my business is very tight right now and we struggling a lot. there are many expenses with rents, electric, products, and so many other and the business is not going well now we barley making money to cover the bills and pay the employee
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Self Identified Competition
my top 3 competitors are khady' s braiding, Fatou African braiding, touba Hair braiding. i know those business around my area and my business have more out standing customer service then theirs in many ways, better products, and i also pay my employee higher then what they pay their employee
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Contact Applicant
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