My Place Flowers, LLC | Application Preview
My Place Flowers, LLC is seeking government grants to kickstart their flower farming business by clearing and preparing half an acre of land. The initial funds will go toward hiring a local company to clear the land, import topsoil, and level the area.
The business plan focuses on the first three years of growing and selling cut flowers exclusively to a wholesaler. During this time, they aim to implement irrigation systems and build greenhouses for seed starting. In years four and five, the plan includes establishing a retail location and hiring 1-2 employees to create and sell floral arrangements.
The rationale for funding emphasizes the environmental benefits of flower farming, such as reducing carbon dioxide and enhancing oxygen production. Locally grown flowers also minimize emissions associated with shipping, support local economies, and contribute to positive emotional experiences for customers.
In terms of competition, My Place Flowers faces three competitors located about an hour away, all of whom have been in business for several years. However, the company plans to stand out by offering unique varieties of flowers that are not available from these nearby farms.
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General Information
Business Registration Number: 11484959
Location: Wakefield, VA, 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
Funding would be used to start the first steps of establishing the business by paying for a local small company hired to clear 1/2 an acre of land, import topsoil, level land after cleared.
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Business Plan
For the first 3 years I plan to only farm and sell cut flowers to a wholesaler. During the first three years I plan to grow the business with irrigation methods, additions of green houses for seed starting, years four and five establish a retail location and add 1-2 employees/ to make and sell floral arrangements. Growing flowers benefits humans and animals in the most basic needs of life by absorbing carbon dioxide and producing oxygen. Having flowers grown locally increases the production of product produced locally and cuts down on emissions from air travel and shipment time from overseas suppliers. Flowers help to bring positive emotions and memories while boosting comfort and increasing energy for those who receive flowers as gifts.
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Self Identified Competition
The top 3 competitors are located approximately one hour away. They have the same business model and also grow and sell cut flowers to local florists. They have approximately the same amount of growing space, if not slightly more. Their businesses have been established in business on average 3-15 years. Although there are businesses with-in an hour from me providing flowers to local florists I will be able to differentiate my products by growing a different selection/ type of flowers that other local flower farmers are not growing.
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