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Simply Fabulous, Inc.
SummarySimply Fabulous, Inc. is a catering company located at 1353 Jackson Avenue in Memphis that has seen at least a 25% drop in revenue as a result of the COVID-19 pandemic. The crisis has led to the loss of two major contracts and a staff reduction from five full-time and 3 part-time employees down to two (Including owner).
Stabilization and Recovery Plan:
• Complete debt restructure due to loss of income
• Implemented meal specials for pickup or delivery
• Implement box food delivery concept and online ordering platform
• Grant funds will be used to for rent, advertising and marketing
Projected Total Jobs: