The Big Bad Woof Looks to Expand Using Kickstarter Loan
Feb 06, 2014 05:14AM
Since 2005, the Big Bad Woof, a retail pet supply store in Old Takoma (District of Columbia) and the Arts District Hyattsville, has served the community by offering organic, holistic and premium raw diets and a wide range of alternatives including holistic supplements. Both stores also provide access to local foods for people via drop-off locations for Soupergirl and 5aDayCSA.
Co-owners, Pennye Jones-Napier and Julie Paez apply sensible, green living standards to the products they offer in the store, and in so doing, their customers see the difference that carefully chosen pet products can truly make. Hoping to bring this level of service to a greater number by opening an additional store, they decided to employ a tactic known for kick-starting entrepreneurial efforts—a crowd-funding loan. This new location will serve the Silver Spring, Bethesda and Chevy Chase communities in Maryland and the Rock Creek communities in the District.
With a crowd-funding loan, Jones-Napier and Paez will fund the architectural drawings for the new store, formerly a local pet co-op. This is a crucial step to determine the overall construction and build-out costs to remodel the existing space into a new store, which will offer community classes, local food and a self-serve dog wash. The loan will also facilitate purchasing and upgrading some of the existing fixtures and equipment from the former tenant, the Takoma Park Silver Spring Co-op. According to Jones-Napier, “This loan helps us to kick-start this new venture, and we are very excited to be able to potentially move our corporate offices out of our home and into this new location.”