Bare Studio | Application Preview
Bare Studio is seeking government grant funding to cover startup costs and to attract more clients, which will help facilitate plans to expand by opening additional salon suites. The owner aims to gain experience in managing these suites and aspires to rent them out while continuing to grow the existing business.
Over the next five years, the goal is to enhance the studio's reputation and stay updated with ongoing education to benefit clients. The owner believes in continuous growth and is dedicated to fully investing in the business to achieve these objectives.
The application emphasizes the studio's unique position in the market, distinguishing it from competitors like Waxing The City and European Wax by not being a franchise. Unlike many competitors, who often hire inexperienced staff, the owner brings a deep commitment and personalized approach to client relationships. The nurturing environment and strong connections with clients set Bare Studio apart, demonstrating a dedication to making clients feel confident and valued. Grant funding would enable the owner to promote the business more effectively and progress towards long-term goals.
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General Information
Business Registration Number: 922081295
Location: Fargo, ND, 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
If i were to be considered for this grant, the fundings would be used to help pay off my starting up costs. I would also use the funding to invest in my business to bring more clientele into my studio. I would be able to move forward with my plans to open an additional business of owning suites where I could continue growing my current business inside of it.
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Business Plan
I took this step in my career for multiple reasons, but the main one is to get the experience in running salon suites. In the next five years I want to own my own suites where others rent their salon spaces from me while I can continue growing my current business out of it. I plan on growing my business by continuing to grow my reputation and staying up to date with continuing education for my clients. I believe I should be invested in because I know there is always room for growth. No matter how successful my business may be, or confident I am in my craft, I know that there will always be room to continue growing. I am a strong believer that if you’re going to do something, put your all into it or don’t do it at all. I am focused on putting my all into this business and to continue to work towards opening my own suites in the near future. If I were to be invested in, it would change the way that I am able to promote myself so that I can get one step closer to my goals.
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Self Identified Competition
Waxing The City European Wax What makes my business different from my competitors is that I’m not a franchise. My competitors employees are mostly directly out of school who are still deciding on what they want to do with their career. I have put my heart into into this business with my passion for making others feel more confident in their own skin. That is done by not only my services, but with the uplifting relationship i build with every client. I set myself apart from other competitors with the environment I have created and the relationships I build with all of my clientele.
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Contact Applicant
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