We need a business plan to provide with my SBA loan application.
We started Headchange International in 2005 with $100 and have grown to over $750,000 per year gross. We sell major brand name hats, sunglasses and other accessories online.
We own the Trademark: Headchange, and our next step is selling our most popular items under our Headchange brand name. We have relationships with over 70 manufacturers and several are willing and ready to make our products. We plan to use mostly US manufacturers because of low minimums and quicker turnaround. This will also give us the advantage of selling hard to find Made in USA products. Having our products made with our label will enable us to compete better online where recently too many other companies have been selling the brands we have carried nearly exclusively for several years.
We are seeking funding for the Headchange Label products and a more limited amount for our new store front / showroom located at our new warehouse location.
Our primary focus at this time is to acquire an SBA loan. We would be open to other forms of capitalization (such as angel or VC) if the terms are to our liking.