Sushma Handicrafts LLC | Application Preview
Sushma Handicrafts LLC is applying for government grants to expand its operations, specifically by opening additional branches, exploring wholesale opportunities, and increasing its inventory. The business plans to enhance online sales, engage in trade promotions for wholesale, and establish a few more retail locations.
The justification for funding approval lies in the unique qualities of their products, which include cashmere wool, silk, and a blend of silk and cashmere sourced from Nepal. These items, such as shawls, scarves, and sweaters, are known for their high quality and softness.
In terms of competition, Sushma Handicrafts faces rivals like Club Monaco, Johnny Was, and Ann Taylor. However, their competitive advantage stems from the handmade nature of their products and direct manufacturing, enabling them to offer reasonable pricing without compromising on quality.
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General Information
Business Registration Number: 134350199
Location: Arlington, MA, United States
Length of Operation: 14 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Open more branches, explore whole sale, additional inventory.
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Business Plan
We are planning to promote our on line sales, participate in trade promotion for whole sale, add few more retail store. We manufacture our products like cashmere wool, silk, silk/ cashmere wool in Nepal. These are very fine and soft products. We make shawls, scarfs, sweaters and different products.
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Self Identified Competition
Club Monaco, Johnny Was Ann Taylor Our products are hand made. Since we manufacture by ourself, cost of the products very reasonable.
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Contact Applicant
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