SUZIE KARI LLC | Application Preview
Suzie Kari LLC is seeking government grant funding to support the launch of its new store. The funds will primarily be allocated toward acquiring inventory and marketing efforts. The business aims to generate $1,000 in daily sales within the first two years, with a goal of achieving at least $60,000 in revenue each quarter from years three to five.
Over the next five years, Suzie Kari plans to transition from operating out of a home office to a warehouse, allowing for increased inventory to meet growing sales targets. The business also intends to engage in community outreach and establish programs that give back to the community. Additionally, there are plans to explore manufacturing original pieces after establishing a solid foundation.
The business has successfully expanded its target audience, adding branches focused on curvy and teen fashion.
Suzie believes that funding will not only help her achieve personal dreams but will also enable her to contribute positively to the community by supporting survivors of domestic violence and providing resources for single mothers. The competitive landscape includes brands like Baltic Born, Jessa Kae, and Ivy City Co. However, Suzie Kari's unique competitive advantage lies in its commitment to social causes, emphasizing the mission of enhancing lives and bridging societal gaps through fashion.
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General Information
Business Registration Number: 001443884
Location: Plainville, MA, 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
I will use the funds to acquire inventory and marketing to launch the store
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Business Plan
The plan is to have made $1000 days in the first 2 years and have made at least 60,000 each quarter consecutively from years 3-5. Within the next 5 years, I will have moved my business from my home office into a warehouse which will allow for the acquisition of more inventory in order to meet the intended goals in revenue We will have started being involved in the community (community outreach/social cause) and setting up the programs that my business funds to assist the community and give back. In 5 years, I want to Have started the process of finding a manufacturer for my original pieces Our TA base has grown and multiplied. We have now added a Curvy branch and a teen branch of the business. I believe I will accomplish a lot of good in the community through my business. By investing in my business, you will be giving me the opportunity to achieve a lifelong dream and will give me the opportunity to finally Launch and accomplish the goals set forth and even scale further down the line
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Self Identified Competition
Baltic Born Jessa Kae Ivy city co My business is tied to a social cause (helping survivors of DV and also offering single moms resources to assist with daily life living and any projects they have set forth). Its not just about the fashion, its also moe about improving the lives of others and bridging gaps in society, (the community)
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