Welcrumb Home LLC | Application Preview
Welcrumb Home LLC is seeking government grants to eliminate existing business debt and to expand its product offerings. The funding will primarily address debts totaling approximately $18,500 across various accounts and business credit cards. The remainder of the funds will be invested in bulk purchasing of their existing product and developing a second product line.
The company’s vision is to have its products featured in homes, focusing on family-oriented quality items that reflect their values and experiences. As a small family business, they aim to introduce up to five new products, selling them through local stores and online platforms.
Welcrumb Home emphasizes the importance of their products in fostering family time and engagement with nature. Currently, they sell a herb drying rack, which encourages activities like gardening and teamwork, providing educational opportunities for all ages.
What sets their product apart from competitors is its innovative design, which incorporates feedback from consumers. The herb drying rack is made of high-quality materials and offers features such as ample drying space, colorful and reusable tags, and flexible tier management with hooks or Velcro straps. Additional enhancements include a space-saving carrying case and a design that folds flat, making it ideal for gardening enthusiasts.
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General Information
Business Registration Number: 87-3810843
Location: Forsyth, 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: NO
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Funding Usage
We would use this funding to pay off all our business expenses towards getting out of business debt. For example, we owe about $11,500 on one account, $5,000 on another, and $2,000 on our last business card. We would use the remainder of the funding to purchase another bulk order of our current product and work on a second product to sell from our business.
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Business Plan
We would love our products to be in homes! Our products focus on families and homes and we want what we sell to reflect what we have in our own home. We are a small family business providing high-quality and helpful products for families and homes. We would love to grow our business by creating up to five products to sell and selling them in small businesses, as well as online. We would love to be supported to help families create family time using our products. At this time, we are selling a herb drying rack. This provides time for individuals to plant, work in their garden or flower pots, along the side of working with a community and others. And, this can be a learning experience for all ages on how to work as a team and the process of growing herbs, spices, flowers and plants.
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Self Identified Competition
We have a product that is created from all different ideas from different herb racks and what consumers needed in a product. We chose a high-quality material for our herb drying rack. We provided more space as a rack based on dimensions for the herbs and zippers that allow for better opening and closing. We provided colorful tags to represent the different items being dried on each tier and tags that are sustainable and reusable. Along with these innovations, our herb drying rack comes with a hook or Velcro strap for holding, depending on your preference. As well as, we provided toggles and loops to allow the customer to chose how many tiers they want open or closed for their drying needs. And, lastly, the rack includes a carrying case for space- saving and the rack itself closes flat, rather than with a spring. It's perfect for your gardening needs.
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Contact Applicant
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