The Classy Boutique & Accessories LLC | Application Preview
The Classy Boutique & Accessories LLC is seeking a $15,000 government grant to facilitate a move to a more favorable location and to replenish inventory in preparation for the holiday season. The owner, a single mother, emphasizes her dedication to building her business from the ground up while managing multiple jobs and caring for a special needs child. She expresses her strong desire to succeed and highlights her work ethic as a key reason for funding approval.
Over the next five years, she envisions expanding her business and achieving significant growth. While the town has a small market, her primary competitors include the Downtown Marketplace, which features a variety of small businesses, and Good Hope, which caters mainly to an older demographic. In contrast, The Classy Boutique targets both younger and older customers.
The boutique’s competitive advantage lies in its personalized customer service. The owner focuses on establishing relationships with her clientele to meet their specific needs, ensuring she provides exactly what they're looking for. She expresses gratitude for any support she might receive to help her business thrive.
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General Information
Business Registration Number: 85-1539521
Location: Yazoo City, MS, 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 would use the $15000 to move to a better location. As well as restock my store for the holidays. I’m a single mom just trying to build a business from the ground up! Any assistance would be helpful
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Business Plan
In the next 5 years I plan to expand and grow into a very successful business! I believe I should be funded because I have the determination to succeed! I have the will to do whatever it takes to grow this business. It’s my lively hood. I’ve gotten it started on my own working 3 jobs being a single mom to a special needs child just to make this a reality. If that don’t say something about my work ethic, I’m not sure what would. I would be so appreciative to any help or assistance I could get!
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Self Identified Competition
Our town is a small town. My top 3 competitors would be Downtown Marketplace which is like a flea market. They have all kind of different small business who make a booth rental to be there. The second would be good hope. They are boutique, but they carry more of an older crowd apparel. My business focused more in the younger crowd as well as the older. That’s really my biggest competitors. What makes my business different is I build personal relationships with my clientele to cator to their needs and wants. I go above and beyond to make sure I have exactly what they want, if I don’t have it then I get it!
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Contact Applicant
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