The Lounge shop llc Dba - Rue Boutique | Application Preview
The Lounge Shop LLC, operating as Rue Boutique, is seeking government grants to alleviate credit card debt and purchase inventory. The business plan includes hosting events at the store in collaboration with local influencers, enhancing marketing efforts, and conducting pop-up events at various locations. A referral program has also been established to encourage customer engagement.
The rationale for funding approval highlights that Rue Boutique is in its early stages, with plans to launch a private label and prioritize excellent service, product quality, and variety. The business has already developed solid relationships with clients and aims to expand its customer base through enhanced marketing strategies. Given the scarcity of small businesses in the area, their offerings are deemed essential.
In terms of competition, Rue Boutique faces established retailers like Nordstrom, Dina Ellen Boutique, and Footloose. However, the boutique differentiates itself through a strong work ethic, devotion to the community, and over 30 years of experience in retail. Their carefully curated product selection further sets them apart from competitors, reflecting their unique style and perspective in the market.
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General Information
Business Registration Number: The Lounge shop llc
Location: Pittsburgh, PA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
I will use the funding to payoff the credit card debt, and buy inventory.
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Business Plan
1. I am planing events at our store, collaborating with local influencers. 2. Investing more in marketing and doing pop ups at different venues. 3. we've created a referral program. We are just getting started. We plan on creating our own private label and focusing on providing excellent service, product quality, and variety to our clients. We have built a strong relationship with our clients, and plan on expanding our client base with extensive marketing. Our product, service and quality is essential to our area. There are very few small businesses left.
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Self Identified Competition
Nordstrom in Ross Park mall. Dina Ellen boutique in Shadyside. Footloose in Mt. Lebanon. With a strong work ethic, keen eye, devotion to community, and strong sense of style, we have built a diverse and successful career in the retail industry, combining various passions into a unique and compelling professional journey spanning more than 30 years. We have curated and carefully picked a unique selection that sets me apart from my competitors.
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Contact Applicant
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