DROPASHOE LLC | Application Preview
DROPASHOE LLC is seeking government grants to fund the development of its business, which focuses on creating stylish and colorful footwear, hosiery, hats, and clothing. The funding will be used for product design and production, as well as establishing a business location. The owner aims to start with an online store and eventually transition to a physical storefront.
The business plan outlines a five-year trajectory. In the first year, the goal is to build the brand and establish a product line focused on women's apparel while generating initial profits. The second year aims to increase monthly profits significantly and expand the product line to include men's footwear and clothing. By the third year, the business will target children’s products and enter retail spaces. In the fourth year, the revenue goal is set at $100,000 per month, with the intent to hire creatively inclined individuals. The plan culminates in the fifth year with global expansion and a commitment to support other aspiring entrepreneurs.
The applicant believes that the personal journey as an underdog gives them a unique perspective and drive. They emphasize the need for investment to validate their potential, contrasting their vision with established competitors like Steve Madden and Aldo by highlighting the focus on quality, affordability, and creativity. The owner’s female perspective is framed as a competitive advantage, aiming to foster a deeper emotional connection with customers.
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General Information
Business Registration Number: 452700519
Location: Garfield Hts, OH, United States
Length of Operation: 9
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
If I won the money I would invest in product. Designing and producing shoes, socks, hosiery, hats and fashionable clothing pieces. I will also find a business location, like a small Warehouse or office space to work out of. I want to start with an online store than grow and eventually become an actual store front. I have a vision and ideas for cool, colorful fun designs, I just need funds to make them a reality!
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Business Plan
My goal is to win a grant by January 2021. My first year will be focused strictly on building and branding the business. Creating a full line of women's shoes , socks and clothing pieces. Establishing customers, building relationships with the public, giving back to women and girls. 0-6 month goal is to profit at least $500 6month-1st year- My goal is to profit $1000 a month. Also, developing new product such as Mens shoes and Mens clothing designs. 2nd year- My goal is to profit $5000 a month or more. Once revenue is solid and consistent, I plan expand the business, opening stores and providing jobs to others who desire to be creative! 3rd year goal- Develop children and babies shoes! Also, to get my brand and products in other retailers and department stores. 4th year goal- to generate revenue $100,000 a month and employe thousands of people across the country. I want to be able to create opportunities for others to follow there dreams and be creative. 5th year goal- expand globally with stores, products, and give back to others. Giving grants to other inspiring entrepreneurs like me to help them make their dreams/ vision into a reality! Investors should invest in me to give me a chance. I know this is a simple answer but its a real answer. All my life I was the person being overlooked and the underdog. I hope to get an opportunity to become all that I know I can be. I can't there without someone else confidence and belief in me. I hope to find an investor who is willing to give me a chance just like they had!
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Self Identified Competition
My idea is to create a line that is quality, but affordable. With this being said competitors will be companies such as Steve Madden, this company sells nice shoes at a reasonable price. Aldo shoes, this company sells women and mens leather shoes for low price. 6pm.com , which is sort of like a online shoe warehouse. The difference between my competitors and I is the designs, creativity and the passion. I want my brand to make people feeling good about themselves. Its more than just material, but a boost of confidence, style and expression. Investors should invest in me over my competitors because all the named businesses were founded by men. My company is founded by me, a woman! There is a different connection!
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Contact Applicant
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