The hair and color bar LLC | Application Preview
The Hair and Color Bar LLC is seeking government grants to support its expansion efforts. The funding will be used for several key initiatives, including the introduction of new technology and treatments, remodeling the business, and addressing existing financial obligations, specifically a $70,000 business loan.
The business plan emphasizes a strong marketing strategy to enhance its social media presence and hire managers dedicated to business growth. Ongoing training for staff is also a priority to keep skills and services updated. The long-term vision includes acquiring land to establish a strip mall that provides a range of beauty services, from hair and nails to clothing and a small café, creating a one-stop destination for women.
The application highlights the drive and commitment of the owner, who seeks financial support to enhance profitability and provide education for the stylist team. Currently, the owner faces challenges in competing with Ema Rose Salon, which emphasizes clean beauty and benefits from a dedicated social media manager.
The competitive edge of The Hair and Color Bar lies in its small, family-owned nature, focusing on creating a welcoming environment and exclusively offering organic, vegan, and cruelty-free products. As the only salon in the area to provide brands like Aveda, Loma, and Bare Minerals, the business aims to differentiate itself with a strong commitment to clean beauty.
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General Information
Business Registration Number: 844718665
Location: Wasilla, AK, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
We would like to expand our business . Bring in new technology and treatments to better preform and stay current with tends . Remodel and have working capital. Pay off an existing business loan of $70k .
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Business Plan
I would like to invest in business marketing and grow our social media audience and have the funds to pay for managers to work on growing our business . Staying current with training and new techniques. To better preform our services . All I need is the opportunity, I’m driven and hard working . I need the extra help with a financial grant or a loan , so I can have the time and resources to build my business and make it more profitable. I want to be able to provide education for my team of stylist so that we are current with the trends . My goal is to be Able to buy land and build a strip mall and in each unit have a different store front for beauty services . Hair , nails , skin , clothing boutique and little bistro or coffee shop so that it would be a one stop for women . For now I would like to have the opportunity to be a belt to afford social media managers to grow out platform. And be able to fully stock up on product for retail , hair extensions, and supplies and products to do our services . And also give my salon a remodel.
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Self Identified Competition
Ema rose salon is my biggest competitor. She also focuses on clean beauty ( more organic products) and has the social media manger that keeps her up to date with posting and trends . At this time I’m unable to afford that . My business is a small family owned shop . My mother invested part of her retirement to leave an opportunity for both my sister and I to have something of our own . Our focus is to have everyone who comes in to feel like family a loving and caring environment. We also only carry organic products . We care about providing clean beauty this vegan and cruelty free product. We are the only salon in our area to carry Aveda , Loma , and bare minerals hair and skin products. This is what makes us stand out .
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Contact Applicant
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