Minks by Mars | Application Preview
Minks by Mars is seeking government grants to support its growth and educational pursuits in the cosmetology field. The applicant aims to continue studies and eventually secure a private suite to accommodate a growing client base, with plans to operate a full-service salon.
The five-year vision includes establishing a vibrant beauty salon that serves as a collaborative space for various beauty professionals, focusing on top-tier cosmetology and esthetician services.
The applicant emphasizes their determination to succeed with limited resources. Despite challenges in financing education and business operations, they remain committed to their goals. Financial assistance would enable them to further their training and develop the salon they aspire to create.
In a competitive landscape, including major chains and local beauty establishments, Minks by Mars distinguishes itself by catering to the social media generation, which craves trendy styles. The business has a clientele with the potential to amplify growth, necessitating more space to fully realize its vision and compete effectively for local exposure.
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General Information
Business Registration Number: 22156593
Location: Duluth, 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: YES
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Funding Usage
My plan is to continue my education to expand my business, after 1 more year in service I would like to rent my own private suite so I can provide more space and privacy to my now growing cliental. My plan is to acquire more skills in cosmetology school and operate a full service salon
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Business Plan
In the next 5 years I would like to have a fully functional and thriving beauty salon that will provide space for other professionals to showcase there skills and have a place where we all can showcase our skills while providing top cosmetology and esthetician services I have made my dreams come true with the little money I have. I always knew I wanted to be in the cosmetology field so me and my mom sacrificed to get me the classes I needed to get started. With my few resources and money I currently make I continue to invest in myself but school and owning a business is challenging!!! Sometimes the ends do not meet but I continue to push so my dream can grow. With financial help, I can continue my cosmetology goals and get the courses I need to advance and one-day have the beauty salon that I know I am capable of starting and growing!!!
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Self Identified Competition
Major chains like Supercuts Local beauty salons and local nail shops I cater to the social media generation which is looking for a certain style. I have cliental that has the influence to help me grow bigger but with bigger I will need more space so that I can get the exposure the local shops are competing for!
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Contact Applicant
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