Stash box LLC | Application Preview
Stash Box LLC is seeking government grants to support its expansion plans and enhance its business operations. The funding will be used for relocating to a larger space, upgrading facilities, and introducing more brands to better serve the community. Additionally, the business aims to conduct community initiatives such as giveaways.
The five-year business plan includes establishing a second location in a different town while leveraging online platforms for growth. The owner, who left their previous job to start this venture, has faced challenges over the past three years but remains committed to making the business successful. They are motivated to create job opportunities for others and are looking for support to ensure the business can thrive, especially after facing difficulties earlier this year.
Stash Box LLC faces competition from local shops, online vendors with more competitive pricing, and individuals selling without business licenses. However, the owner believes that their personal approach to customer service sets them apart. They prioritize providing great deals and a friendly shopping experience, understanding the importance of affordability for customers. With the grant funding, they are confident in their ability to grow the business and make a positive impact in their community.
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General Information
Business Registration Number: 03-536033-00-0
Location: los lunas, NM, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We plan on using the funds to expand and get a bigger place and upgrade stuff that will greatly help out business. We wanna get more brands in here and also wanna do stuff for out community like doing giveaways and other things.
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Business Plan
In the next 5 years we plan on growing out business buy expanding and also getting another shop started in another town. We also wanna get a bigger place. And utilizing the internet in expanding our business. I quiet my job to start this business, last three years have been hard but I’ve made it work this was what I’ve always wanted to do I saved up for so long for this. And I really want it to work, I wanna be able to give people jobs as well cause I know it’s hard out there. This funding will really help me expand and do so much more that I need to do. I’ve already almost lost the place this year cause it’s been hard on a lot of people it’s hard buying stuff you want and not just need. I just really want this to work out and hopefully have a place for my kids to also have when I’m gone. I just know with this funding I can do so much more.
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Self Identified Competition
My top 3 competitors are other shops on the area, as well as sites on the internet that can do a much better price. And Also people selling stuff without a business license. What makes me different is the way I am with customers and that I like to give great deals cause I know people don’t wanna give an arm and a leg for stuff they want. I understand because we are all customers to someone and I like to give people what they’re looking for even if it means I’m not making a huge profit.
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