Mayfair Florist LLC | Application Preview
Mayfair Florist LLC is seeking government grant funding to establish a storefront in Palm Beach, Florida. The funds will be allocated for securing the physical location, purchasing necessary equipment, making improvements to the premises, acquiring inventory for resale, and covering advertising and payroll expenses for three months.
The business plan focuses on tapping into the substantial potential within the florist industry by creating a venue for weddings and corporate events. The plan includes partnerships with major wire services like Teleflora and 1-800-Flowers, as well as collaborations with funeral homes, hospitals, hotels, and a subscription model for monthly customers. Recognizing that the wedding event sector significantly influences florist sales, the business aims to become a key player in that market.
The applicant emphasizes that funding will not only support personal entrepreneurial goals but also contribute to community development through job creation and stimulation of the local economy. As a woman-owned minority business, the initiative aims to provide a sustainable source of income for both the owner and employees.
In terms of competition, while other florists may be present in the area, online sales represent a significant portion of revenue in the industry. The business aims to distinguish itself through exceptional customer service, competitive pricing, high-quality products, and effective brand awareness, establishing itself as a curated shop that meets customers' needs more effectively than competitors.
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General Information
Business Registration Number: Mayfair Florist LLC
Location: PALM SPRINGS, FL, 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
Funds will be use it to get a Store front location in Palm Beach , Florida . purchase Equipment , Improvement build on the location , purchase goods to re sale , have some funds dedicate to advertising and payroll for at least 3 months .
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Business Plan
The Florist business has a great potential in the industry , my business plan consist in creating a venue with Wedding events, Corporate Events, partner with the majors wire company in the country such as ( Teleflora, 1800- Flowers - Bloomingnation ) other venues such as funeral Homes , Hospitals , Hotels , Monthly Subscribers and Walking customer . The weddings events industry is one of the biggest influences in the Florist Business . BY getting investors invest in my business not only will help an Entrepreneur person create a business model to help the community create Jobs , Will also help me to get back in my Foot in the industry , will stimulate the local economy , will help a woman business minority to create a way to support a household for employer and employee .
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Self Identified Competition
In the Florist Industry competitors will occur in the nears areas for those business depending on local customers , but in this business the online sales are 75% of it revenue since the wires company where participants will generate revenue and a key factor is ( Presentation of product , price point , and flexibility to offer the best option for every dollars that our customers will expend . So competitor can be everywhere but what it will set my business apart from Competitors will be customer service , pricing , quality of our products , and get the brand awareness of more curated shop . So competitor can be everywhere but what it will set my business apart from Competitors will be customer service , pricing , quality of our products , and get the brand awareness of more curated shop .
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Contact Applicant
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