Lady Bella Beauty Salon

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Victoria Reina worked as a beautician back in her native Paraguay, and sought to open her own beauty salon when she moved to New York. After securing her beautician license and with her family’s support, Victoria found the ideal location in Sunnyside Queens. The family invested their savings to cover a portion of the start-up costs, but still needed a small business loan to help cover space renovations, inventory, furniture, equipment and working capital.

 

To help launch her business, Victoria worked with Pace University Small Business Development Center (SBDC) business advisors Sandra Cely and Anish Thakkar. Sandra worked with her to develop start-up cost estimates and build three-year financial projections including cash flows; and Anish helped Victoria’s grown children build and launch a website for the business and advised them on creating an online presence for the hair salon’s services.

 

With the Pace SBDC’s assistance, our client was able to secure a $36,000 loan from LES People’s Federal Credit Union to supplement her own investment, helping her open Lady Bella Beauty Salon and create five new jobs.

IN PARTNERSHIP WITH:
VISIT US

Pace University SBDC

163 William Street, Room 328

New York, NY, 10038   

CONTACT

Office:  (212) 618-6655

Email:  sbdc@pace.edu

SUBWAY

A, C, J, Z, 2, 3, 45 to Fulton St

E to World Trade Center
6 to Brooklyn Bridge

CAREERS

Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

© 2019 Pace Small Business Development Center. All rights reserved.