Siima Collections LLC | Application Preview
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General Information
Business Registration Number: 88-2982256
Location: FREDERICKSBURG, VA, 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 plan to increase my inventory hire a professional to build my website Hire 2 full time staff to restore furniture
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Business Plan
I plan to add more inventory in year 1 of getting the funding, the following year, I project for my sales volumes to have increased so I will hire 2 full time staff to restore furniture. Year 3-5 I will have generated enough capital to move business from my home to a bigger warehouse where I will set up a shop and attract physical walk ins. It is my plan to be generating at least $100,000 annually by year 5 I am an immigrant who came to the United States 5 years ago from Africa and was able to start this business from scratch in 2023, using meager funds from family. This has been an encouragement to me and to other immigrants, especially women that we can contribute positively to private sector. I have a disabled son who is able to help restore some furniture, and we plan to start a YouTube channel to encourage other disabled people to get skilled, get involved in income-generating activities and grow improve their livelihoods.
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Self Identified Competition
Dealing in antique furniture is competitive, there are many others doing the same but none is helping to build skills of disabled people. I am using my business as a platform to skill disabled people
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Contact Applicant
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