7he Red Door Collective OKC | Application Preview
The Red Door Collective OKC is seeking government funding to support their salon business by covering five months of rent in advance and purchasing essential salon equipment to enhance the workspace. Over the next five years, the plan is to grow the business through increased revenue and improved client experiences with updated products.
The application emphasizes that investor support is crucial for realizing the salon's vision quickly and states that returns on investment are anticipated within the first 6 to 18 months of operation. The owner highlights a unique competitive edge by focusing solely on natural hair care and products, differentiating their services from competitors who have a broader approach. The commitment to serving a specific clientele is presented as a key strength in achieving the salon's goals.
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General Information
Business Registration Number: 2828 Nw 57th
Location: Oklahoma City, OK, 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
Funding will be used to pay rent 5 months in advance and used the remaining funds to purchase salon equipment and to edify the salon work space.
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Business Plan
In the next 5 years I plan to grow my company by continuing to generate revenue and grow sales with updated products and clients experience. My future investors should invest in me because the vision I have for my salon can’t be done quickly without your help. My investors will see the turn of the investment within 6-1. year of doing business with me.
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Self Identified Competition
My top 3 competitors are Me, MYSELF, and I.. we are all going back and neck for this dream to become a reality. My business is different than my competitors because my focus is one thing and one thing only, I specialize in natural hair care and products, I’m catering to a specific group rather than having my everywhere all at once.
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Contact Applicant
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