LB4 INC | Application Preview
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General Information
Business Registration Number: 462460369
Location: Bismarck, ND, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $250k to $500k
Open to Loans: NO
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Funding Usage
I would use the grant for funding an employee to manage an online store. I would also use it to help pay for increasing rent
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Business Plan
This grant would give me the opportunity to grow my business by hiring an employee to help build my online business. Employees are currently demanding so much money for this position that I can't afford to pay them since I am such a small business. I would also grow my business by establishing a convenient location for women to shop within my community. I put my entire retirement into opening my Boutique 10 years ago when so many corporate owned clothing stores where closing. I wanted to provide women a place where they could get outstanding one on one customer service and an option to still shop locally.
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Self Identified Competition
My top 3 competitors are Amazon, Walmart, and all the large women's online stores. My difference is that I am a local woman helping other local women find clothing items that fit them for their jobs or for just casual wear. Everything I earn stays right in my community.
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