Livy's Beauty Supply LTD | Application Preview
Livy's Beauty Supply LTD is seeking government grants to support its growth over the next five years. The funding will be allocated for inventory, staffing, advertisement, and customer acquisition. The business aims to establish a strong reputation within the community by improving processes and enhancing customer relations.
The applicant emphasizes a well-structured business plan and identifies a prime market in the city. Traits such as ambition, reliability, and integrity are highlighted to reassure potential investors. The goal is to become the leading hair and beauty supply store in both the city and nearby areas.
Livy's face competition from two local stores, Diamond Beauty Supply and Sally's Beauty Supply. However, the business differentiates itself by offering a comprehensive range of hair products tailored for African American females, competitive pricing that undercuts local rivals, and catering to both individual customers and salons. A pricing model that provides discounts for bulk purchases further enhances its appeal to salon owners.
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General Information
Business Registration Number: 92-3616767
Location: Mansfield, OH, 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: NO
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Funding Usage
I plan on using the funds for inventory, staffing, advertisement and customer acquisition.
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Business Plan
I plan to grow my business in the next 5 years by building a strong rapport and reputation within my community with the residents and customers. I plan on reevaluating and changing processes that need improvement that will make my business better. Investors should invest in me because I have a strong business plan and a prime market within my city for my business. I am a am ambitious entrepreneur who has held onto the core values integrity and service before self. Investors should invest in me because I am dependable, reliable and trustworthy. I am driven to make my business the number one hair and beauty supply store in my city and the surrounding areas.
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Self Identified Competition
I have 2 competitors in my city. Diamond Beauty Supply and Sally's Beauty Supply. Wide selection of every type of hair product specifically for African American females. Cost effective pricing that beats all other local competitors. Livy's Beauty Supply is able to sell to individuals as well as supply full salons. The large inventory list is sure to be able to service any type of salon-large or small. Competitive pricing model for salons who choose to partially or fully purchase their inventory from Livy's. There will be a larger discount for larger orders.
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Contact Applicant
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