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The Treasure Chest Boutique
Summary
The Treasure Chest Boutique is a retail clothing store located at 139 EH Crump Blvd that has experienced at least a 25% drop in revenue as a result of COVID-19. The business was forced to close, lay off 1 part-time employee, and experienced supplier interruptions.Stabilization and Recovery Plan:
• Received $12,400 from EIDL
• Offering customers private appointments and curbside deliveries
• Launching a website to better serve customers and increase sales
• Working with new vendors to increase access to inventory
NEED Grant funds will be used to supplement monthly operating expenses and fixed costs of $710.
Financing Amount:
$2,500
Projected Total Jobs:
Not applicable
Total Investment:
Not applicable