A Country Girls Boutique | Application Preview
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General Information
Business Registration Number: 2348-8934
Location: West Hamlin, WV, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
I would use this to catch up on all my business expenses and then purchase a new piece of equipment that I’ve been saving up for that would really allow me to expand my business and keep my business going.
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Business Plan
If I am able to purchase the equipment to expand my business, I will be cutting my costs by half & will be able to offer so much more along with quicker shipping. My business will expand tenfold. I’ll also be able to offer my designs made on the machine to other small businesses. I am a very hard working, determined, and committed business owner. I built my business from the ground up and have grew so much in the past 10 years. I now have a customer base of 17.5 thousand and still growing. I could see my business becoming a huge success if someone would help me to be able to take the next step to grow even more.
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Self Identified Competition
Temu is probably the biggest competitor with all boutiques. They offer such cheap items but customers get what they pay for. My items are handmade or from other small businesses and come with lots of love poured into them so my customers always come back. I have two small businesses local to me but I don’t really consider them competition because every business has their own customer base and your customers buy from you because it is you. They do try to undercut me but I stand my ground on my prices because to be successful you have to make profit. If someone purchases from me, they know that they are going to get high quality items that are coming from someone who puts her heart and soul into her business. Customer service is a huge aspect of my business. I like to build friendships with my customers and let them know how much I appreciate their business because without them, I wouldn’t be able to stay at home and do what I love.
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