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Lash Girl Studios

Summary

Lash Girl Studios is a beauty Salon located at 6077 Apple Tree Drive in Memphis that has seen at least a 25% drop in revenue as a result of COVID-19. The business was closed for three months. Since reopening, client space has been reduced from 5 booths to now only serving one client at a time. The shop has also lost six of its eight original stylists.
Stabilization and Recovery Plan:
• Trying to rehire two stylists and keep existing stylists on payroll
• Creating advertising plan
• Developing new scheduling plan to maximize productivity of open hours
The NEED Grant funds will be used to satisfy loans extended by family for the business while it was closed and to supplement the supply budget moving forward.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

1/6/2021

Lash Girl Studios

6077 Apple Tree Drive, Suite 2 Memphis, TN 38115