Sarah'ndipitous Sweet Treats & Eats, LLC | Application Preview
-
General Information
Business Registration Number: Sarah'ndipitous Sweet Treats & Eats, LLC
Location: Virginia Beach, 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: YES
-
Funding Usage
I would like to expand the business into a full-time venture and open a retail, grab-and-go location. With my items becoming increasingly popular, I would like to focus on a location where people can stop for morning coffee and baked goods, as well as pick up items for lunch or dinner from refrigerated/freezer areas. I would also like to have an area in the store where other items can be sold (my jams, candy, candied nuts, etc.), as well as other items from local small business owners.
-
Business Plan
I plan to grow my business into a brick-and-mortar location and use several strategies to increase growth. I will continue to research and develop products to meet the needs of my customers. I will also increase my marketing budget to ensure my business and products are reaching my current and potential customers. I will also continue to develop and build a sales funnel, ensuring I am able to move customers through the funnel and ensure their satisfaction. At this time, I also have great customer retention at my markets and this is trickling into online sales as well. I will continue to research and develop customer loyalty. Some of the ways I am looking to increase this is through using a CRM system, creating a customer loyalty program, continuing to use an email campaign/newsletter, increasing my social media presence, and using a tracking system to ensure I am meeting the needs of my consumers in all ways (returning calls and emails, having preorders ready on time, etc.). I will also participate in networking events in the surrounding areas to promote the store and products. I will also provide a supportive and inclusive, safe environment for not only the employees but for my customers as well, through giving back to the community and using as many recyclable products as possible. I also plan to continue to participate and expand with farmer's markets, bringing in more customers through this. It is important to make continue to analyze data and what is working and refine any areas as needed. As a newer business owner, with very part-time availability with my current schedule, I have been very successful. I am persistent and always find a way to succeed. Although my plan includes leaving my current profession as a special education teacher, I plan to hire individuals with disabilities and provide a supportive work environment. I am also working closely with not only my current school but other schools in the area to provide work experience opportunities for students with disabilities. Currently, I have students who assemble boxes and roll silverware for my business. Having a retail location would also afford these individuals to be able to leave the school building during the day to work in my location with a job coach. This will teach them valuable work readiness skills and help them to be able to gain and maintain employment after they exit high school. This brings my two loves together, teaching students with disabilities and baking/cooking and sharing this with my community.
-
Self Identified Competition
Glory's bakery The Painted Tree Glory's Bakery has the most similar business model but her items are completely different than what I would offer. The Painted Tree carries local products as I would also like to do, but does not offer anything fresh or made to order.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
