Simply Sweet | Application Preview
Simply Sweet is applying for government grants to fund the opening of a storefront bakery. The funds will be used to purchase essential appliances like a fridge and freezer, along with initial inventory such as flour, sugar, food coloring, and packaging materials. The owner seeks a small financial boost to get the business off the ground.
The business plan includes growth aspirations over the next five years, with plans to hire staff and enhance the bakery's offerings. The owner also aims to give back to the community by establishing smaller grants or scholarships to help others succeed.
Funding for Simply Sweet is viewed as a worthy investment due to strong community support and the owner's commitment to growth as both a businessperson and a young mother. The bakery faces minimal competition, primarily from grocery store bakeries, and the owner believes that the unique offerings of a small, from-scratch bakery can attract customers who are increasingly interested in healthier options.
Simply Sweet's competitive edge lies in its focus on alternative baked goods, such as sugar-free, gluten-free, and vegan options, which are currently underrepresented in the market. This dedication to healthier choices positions the bakery well to meet evolving consumer preferences.
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General Information
Business Registration Number: 604-773-572
Location: Shelton, WA, 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
I plan to use this money to be able to open up a storefront. Not only that but I'll need to get all of the appliances that I need to go with that, these include; a fridge, freezer, all of the food products that I need to get started (for example, flour, sugar, food coloring, boxes, containers all of those type things) I am hoping to be able to get enough money to just get me started. That is really all I need is a little boost.
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Business Plan
Yes, I do plan to grow in the next 5 years. By then I hope to be able to hire a few people to help me out with running the bakery. I hope to be able to get more things needed to make the place more successful. Finally, I hope to be able to give back to the community and start grants/scholarships of my own even if they aren't as big to help people get that little help that is sometimes needed for them to become successful. I definitely believe that once I am up and running, it would be a great investment. I have so much support within my community that are rooting for me and that have supported me in the past. This funding would help me so much grow not only as a person, but a young mother as well. It provides financial help that I need in order to get everything going and up and running. There are so many things that go into opening up a business and all of the things you have to go through to keep things running, but all I need is a little bit of help.
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Self Identified Competition
I think really the only competition there really is in my area with a bakery is the grocery store bakeries. So many people don't take into account a store bakery is too much cheaper and what not than a "from scratch" or a small bakery. There are about 3 stores in my area with bakeries inside of them. Other than that, my area don't have any other bakeries or anything in the area. We are living in the 21st century. A lot of people in this day and age, are wanting "healthier" things to put into their body. I have noticed that all of those other bakeries offer very little to no alternative options (sugar free, gluten free, vegan, and so on) they are all options that they get shipped to them from a factory because not a lot of places are "in" with alternative options and I think that is a very big strength I have going for myself and my company.
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Contact Applicant
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