New Change Creations | Application Preview
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General Information
Business Registration Number: 425139016
Location: Memphis, TN, 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
Requested funds would be used for various aspects of the business, such as purchasing raw materials for sublimation apparel, acquiring and maintaining equipment like sublimation printers and heat presses, covering marketing and advertising expenses to promote my products, and addressing any operational costs like packaging materials and necessary licenses which would contribute to the growth and sustainability of my business.
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Business Plan
If granted funds, the plan for the next 5 years will involve expanding product lines, reaching new markets and demographics, enhancing online presence and e-commerce capabilities, investing in technology to streamline operations, and establishing a physical store. I will also continue to collaborate in more popup shop opportunities. Additionally, i want to consider increase production capacity through the implementation of strategic marketing campaigns, and fostering partnerships to fuel sustained growth and profitability. Investors should consider investing in me based on factors such as my unique business proposition, my plan for growth, the growth potential of the sublimation apparel market, my well-defined business plan, and the clarity of the strategy for utilizing the funds. Additionally, my strong understanding of the target market, competitive edge, and clear vision for the future.
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Self Identified Competition
Some well-known online competitors in the sublimation apparel industry include: CustomInk, Printful, and CafePress. Competitors like CustomInk, Printful, and CafePress will not pose a threat because my local business specializes in a specific niche, style, and target audience that differs from these larger competitors. My business would carve out a unique space in the local market by providing a personalized touch and unique customer experience that larger competitors struggle to replicate. Additionally, my business will provide a local focus of community engagement, which will create a loyal customer base that supports local enterprises, which quickly adapts to local emerging trends and customer preferences. My personalized customer service, local connections, culture of innovation and creativity, specialized niche focus, and entrepreneurial spirit will drive a high level of dedication, passion, and hands-on involvement, creating a distinctive brand identity.
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Contact Applicant
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