RahMi Wellness | Application Preview
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General Information
Business Registration Number: 923691582
Location: new york, NY, 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
These funds would help my business expand. I'll be able to acquire a physical space for my clients to come visit me. It will elevate my travel expenses and the physical burden of carrying heavy equipment to and from my clients homes to provide an ever better quality of service. I'll be able to hire other professionals to assist with their own expertise and services. Lastly, I'd be able to better service my community by hosting events and showcasing local talent.
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Business Plan
Over the next five years, RahMi Wellness plans to expand its service offerings by introducing new wellness programs, workshops, and online sessions to cater to a broader audience. We will engage with the community through partnerships with local organizations and businesses, ensuring our services are tailored to their needs. A key goal is to establish a physical wellness center in Harlem, providing a dedicated space for our programs. Our marketing and outreach efforts will focus on targeted strategies and increasing our social media presence to attract more clients. Additionally, we will secure grants and investments to support our growth and ensure the sustainability of our initiatives. Investors should invest in RahMi Wellness because we are uniquely positioned to address the growing demand for holistic wellness services in underserved communities. As a Black-owned and queer-owned business, we bring a diverse and inclusive perspective to the wellness industry, fostering a sense of belonging and support for marginalized groups. Our commitment to community engagement, innovative programs, and strategic growth plans demonstrate our potential for long-term success and impact. By investing in RahMi Wellness, investors will support a mission-driven company dedicated to improving the health and well-being of our community while also achieving significant financial returns.
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Self Identified Competition
**Top 3 Competitors of RahMi Wellness** 1. **HealHaus** - **Overview**: Located in Brooklyn, HealHaus is a wellness space offering a range of services including yoga, meditation, and therapy. - **Strengths**: Known for its holistic approach and diverse offerings, it has a strong community presence and a dedicated client base. - **Weaknesses**: Primarily focused on a specific geographic area, limiting reach beyond Brooklyn. 2. **The Class by Taryn Toomey** - **Overview**: A fitness and wellness brand offering high-intensity workout classes combined with mindfulness practices. - **Strengths**: Popular for its unique combination of physical and mental wellness, and a strong online presence. - **Weaknesses**: Higher pricing can be a barrier for some, and the brand’s image may not resonate with all demographics. 3. **MNDFL** - **Overview**: A meditation studio offering classes, workshops, and private sessions aimed at reducing stress and enhancing mindfulness. - **Strengths**: Highly specialized in meditation with expert instructors and multiple locations in NYC. - **Weaknesses**: Limited to meditation, which may not attract those seeking a broader range of wellness services. RahMi Wellness differentiates itself from competitors through our deep commitment to inclusivity and community-focused wellness. As a Black-owned and queer-owned business, we create safe, welcoming spaces for marginalized communities often overlooked in the wellness industry. Our holistic approach integrates mental, physical, and spiritual health, offering diverse programs tailored to our clients' unique needs. We also use art as a method of healing by hosting art workshops facilitated by local artist. Additionally, our focus on establishing a physical wellness center in Harlem demonstrates our dedication to making wellness accessible to underserved communities. This combination of inclusivity, creativity, affordability, comprehensive wellness services, and community engagement sets us apart from other wellness providers.
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Contact Applicant
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