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  • April 25, 2018
Home Archives for Business Planning

Kansas SBDC March 8, 2018 Leave a Comment

Sugar Creek Country Store

sugar creek st marys kansas restaurant business award

When Dan Hohman opened Sugar Creek Country Store LLC – his bulk foods store in St. Mary’s, Kansas – it was because he had decided that not only would this type of store add something new and different to the St. Mary’s community, but it would also give the Hohman kids a chance to grow up with the experience of participation in a family business.

With 10 children and more than 30 nieces and nephews, Dan knew that if the kids were interested, he could bring them into the business and provide them with the opportunity to learn valuable skills and acquire the self-confidence that comes from work and success.

Several years earlier, on the recommendation of a friend, Dan had begun working with the Kansas SBDC at Washburn University (WU) in order to get his idea of opening a new business in St. Mary’s off the ground. In 2013 Dan and the SBDC worked to vet his business concepts and develop a feasible business that would work in a town of 2,600 people.

Dan and his advisors analyzed the various business plans before Dan settled on the general idea for a bulk foods store. Once Dan decided bulk foods was the way to go, the team worked together to dive deep into the business’ financial projections. The SBDC provided extensive market research including demographic information he could use to build a plan. Establishing a workable budget as well as developing a solid marketing plan were key to starting up a profitable business that wouldn’t overspend its resources during the start-up phase.

“With the Kansas SBDC’s assistance in putting together a business plan and a budget, and also looking at where the marketing budget could be best spent, we were able to open Sugar Creek Country Store in St. Mary’s in July of 2016,” shared Dan. “The time spent studying demographics and figuring out how to get word out about the store to folks outside of St. Mary’s so that Sugar Creek could become a destination, was an enormous help in contributing to the store’s ability to be profitable within the desired timeframe.”sugar creek st marys small business award

“With Sugar Creek we were able to make a bigger splash in a very big pond – northeast Kansas – by using best practices in marketing including social media and word-of-mouth to our advantage,” said Dan. “Because of this, our business has outperformed sales expectations and needed to increase employment by the third month in business.” Currently, Dan employs 15 people at Sugar Creek Country Store LLC.

Dan says that his Kansas SBDC advisors were really adept at putting themselves in his shoes and understanding his perspective as a business owner. Dan appreciated the advisors’ ability to understand what it would be like to run his type of business and to see both the challenges and opportunities that he would face.

Referring other business owners to the Kansas SBDC is a “no-brainer”, according to Dan. Whenever he talks with anyone interested in getting into business, Dan recommends that he or she contact the Kansas SBDC.

More about Sugar Creek Country Store

Website: Sugar Creek Country Store
Facebook: Sugar Creek Country Store

SBDC advisory team

Les Streit, WU
Laurie Pieper, WU
Karl Klein, WU
Bob Washatka, WU

How Kansas SBDC helped Sugar Creek Country Store

Cash Flow Projections
Business Plan
Marketing Plan
Market Research

Filed Under: Business Planning, financial analysis, market research, marketing, success stories Tagged With: business plan help, help for my business near washburn university, market research for my business, marketing help, sbdc, St. Mary's kansas businesses, Sugar Creek, Sugar Creek Country Store

Kansas SBDC March 8, 2018 Leave a Comment

Wabaunsee County Signal – Enterprise

Wabaunsee signal kansas sbdc small business award

One of the events that small rural communities look forward to each week is when they get their local paper.

When residents of Wabaunsee County, Kansas read the local news, they have Lori L. Daniel – Editor, Owner, Publisher – of the Wabaunsee County Signal-Enterprise to thank.

Lori Daniel first began working at the Wabaunsee County’s Signal-Enterprise weekly newspaper in the late 1970’s during her junior and senior years in high school. At that time, the paper had been printing for more than 100 years in northeastern Kansas.

Apparently, during her time at the Signal-Enterprise Lori found some ‘ink in her veins.’

After high school graduation, Lori continued in the newspaper business spending the next 36 years working for the agriculture newspaper Grass & Grain published by Ag Press. At Ag Press she learned and mastered all the skills of printing and publishing including typesetting copy, building ads and even branching out into advertising sales, final page layout, and design. Lori maintained publishing software for billing, ad pricing, accounting, mailing lists – learning all aspects of the newspaper business.

In 2014 she found her way back to The Wabaunsee County Signal-Enterprise and worked two days each week for then owner Ervan Stuewe. Lori developed her skills as a graphic artist as well as a nice account list of commercial customers.

Over the next year of work at The Signal-Enterprise Lori became interested in doing more at the paper – she wanted to be the owner.

In early 2016 Lori met with Kansas SBDC at Washburn University (WU) advisor Les Streit and Tracy Henry, Director of Wabaunsee Economic Development. Lori already had a local bank interested in helping with the financing but needed additional funding to purchase the business. Working with the SBDC she pulled together a solid business plan to secure financing.

“Les Streit explained various options, offered support and encouragement. He also talked with me realistically about the printing and publishing business – especially newspapers,” shared Lori. “I believe he was making sure I knew what I was getting into. Then he helped me put together a business plan, complete with charts and future income projections. I believe all this made the difference in my obtaining my e-community loan. I was looking into tapping my retirement fund. I didn’t think I had any other option until I met with Les.”

Together with Lori’s own equity contribution, a commercial bank loan and a Wabaunsee County E-Community loan, the financing package was finalized and Lori became the new owner of The Wabaunsee County Signal-Enterprise in June 2016.

When we talked with Les Streit, Kansas SBDC at WU advisor, he attributes the successful purchase and transition of this business to Lori’s tenacity and the cohesive effort from all the financing partners as they worked together to assist in the asset purchase of the business. “The Kansas SBDC at Washburn was very honored and pleased to work with such a talented business entrepreneur and her funding partners,” said Les.

To date this 134-year-old paper continues to publish weekly in the county seat of Wabaunsee County in Alma, Kansas, population 792. In addition to Lori, the Signal-Enterprise employs two part-time staffers, two part-time reporters, and two contributing roving photographers.

More about Wabaunsee County Signal-Enterprise

Website: Wabaunsee County Signal-Enterprise

Kansas SBDC Advisor

Les Streit, WU

How Kansas SBDC helped Wabaunsee County Signal-Enterprise

Cash Flow Projections
Business Plan
Marketing Plan
Business Transition

Filed Under: Business Planning, financial analysis, marketing, success stories, succession transition exit planning Tagged With: alma kansas businesses, help for my business near washburn university, help with business plan, marketing help for my business, sbdc, signal enterprise, wabaunsee county businesses, Wabaunsee County Signal Enterprise, Wabaunsee newspaper

Kansas SBDC March 7, 2018 Leave a Comment

Advantage Marketing

Advantage marketing kansas small business award

In 2013, when Cori Kohlmeier was close to completing her business plan for Advantage Marketing, she recognized that she was at a point where she needed more direction as well as help on her financial projections.

Cori knew her industry well. She had been in media since graduating from Wichita State University in 2001. What she needed now was a business advisor that could double as a sounding board for her new business venture.

Using local resources, Cori met initially with a member of the local SCORE chapter for some assistance. There her mentor, a local businessman who was retiring, encouraged her to use the Kansas SBDC. At the Kansas SBDC at Wichita State University (Cori’s alma mater) she began working with Elaine Hanna.

For Cori, Elaine’s help was exactly what she was seeking. “Elaine reviewed the business plan and talked me through changes that needed to be made. She guided me through the financials and estimated projections for the company. Utilizing a software system called ProfitCents she completed the projections for my plan.” After the business plan was finished, Cori identified that she would need additional funding to start the company. “I had a small amount I was going to invest but wanted to make sure we had a secure start. Elaine got me in touch with Fidelity Bank, who along with SCKEDD, was able to give me the business loans I needed.”

After Advantage Marketing launched, Cori continued to use Elaine as her business advisor. “When I was experiencing significant growth early on I met with Elaine to establish the next set of goals and objectives. This included moving locations and adding a business partner,” shared Cori. “The agency has since purchased another agency adding more clients as well as staff, further growing our footprint. Even though Elaine was retiring at the time, she listened and talked me through part of our negotiation.”

Cori appreciated the help and advice. “Elaine really took the time to understand my business and how it worked. She asked questions and offered advice on every situation – which was instrumental in the growth of our company.”

Today Advantage Marketing – with Cori at the helm as the President/ Founder and Amy Hoefer as VicePresident/Partner – continues to thrive in a competitive market. The company employs eight full-time employees, three part-time employees, and subcontractors. The firm has expanded services beyond traditional media buying to include digital marketing, social media management, and website development.

Success has also come in the form of awards for the business. After only one year of business, the Advantage Marketing team was named one of the top ad agencies in Wichita by the Wichita Business Journal. In 2016 Cori was named to the Wichita Business Journal’s 2016 “40 Under 40 Class,” recognizing 40 rising stars making a difference for the Wichita economy and community.

Growth has not slowed for the firm. Recently, Cori oversaw the merger with of Advantage Marketing with another agency. The process grew the footprint of the agency while adding valued clients such as Botanica, Sedgwick County Zoo and Wichita Hyatt.

More about Advantage Marketing

Website: Advantage Marketing
Facebook: Advantage Marketing

Kansas SBDC Advisors

Elaine Hanna, WSU
Natalie Santonil, WSU

How Kansas SBDC helped Advantage Marketing

Cash Flow Projections
Business Plan  

Filed Under: Business Planning, financial analysis, success stories Tagged With: Advantage Marketing, business consulting in kansas, business help in sedgwick county, business help near wichita, businesses in wichita, financial projections help, help with my business plan, marketing help for my business, sbdc, website development help

Kansas SBDC March 6, 2018 Leave a Comment

T & B Towing LLC

T and B towing kansas small business awards

When you need a tow, it’s a relief to know someone is there to help. When you want to start a business, it’s also a relief to know someone is there to help.

Ty Rader knew that dealing with a down vehicle of any kind on the road in southwestern Kansas miles between nowhere was not a good feeling. So, when he heard about a local towing owner that was interested in retiring and selling his business, he checked into what it would take to provide help to buy the business and keep people on the road.

Rader approached the First National Bank of Liberal for a loan and was referred to the Kansas SBDC at Seward County Community College (SCCC) to get assistance with a business plan and financial projections to obtain financing. It was at the SBDC that Rader met business advisor, Mike O’Kane. “By working on financial projections to show that the business had very good positive cash flow, together, we found a way to receive the financing needed to start the business,” shared O’Kane. “We helped answer numerous questions in starting his business and operating it successfully.”

Currently T & B Towing, LLC, provides 24/7 towing, jump starts, and lockouts to stranded motorists in a multi-state region including Oklahoma, Texas, Kansas, and New Mexico. T & B is headquartered between Turpin, Oklahoma and Liberal, Kansas with a team of nine employees.

Recently Rader recognized the need for a different kind of help. In February of 2017 Rader expanded his operations and opened Y&L Earth LLC. Y & L provides hazmat cleanup services and operates out of Liberal, Kansas.

No stranger to helping those in need Rader assisted with the relief effort in Texas. When Hurricane Irma hit the Texas coast in late August of 2017, a good friend of Rader’s delivered a trailer load of water to Houston from Oklahoma City. This inspired Rader to help people hit hard by the storm, often stranded in place, and in need of help. Rader organized his T & B team and delivered several semi-trailers full of supplies and donations to the Texas cities of Houston, Beaumont, and Port Arthur. They spent four days helping in the relief effort.

“It’s always inspiring to work with a business client like Ty who is motivated and dedicated,” shared O’Kane. “He [Ty] gets every piece of information I need quickly. Because of that Ty was able to move forward quickly and reach his business goals faster.”

T & B Towing continues to grow and provide help in southwestern Kansas and beyond.

More about T & B Towing 

Website:  T & B Towing LLC
Facebook: T & B Towing LLC

Kansas SBDC Advisor

Mike O’Kane, SCCC

How Kansas SBDC helped T & B Towing 

Cash Flow Projections
Business Plan 

Filed Under: Business Planning, financial analysis, success stories Tagged With: Business plan help for my business, help for my business in liberal, sbdc, SCCC SBDC, T & B, T & B Towing, towing help in southwestern kansas, towing in liberal, towing in turpin

Kansas SBDC March 4, 2018 Leave a Comment

HMC Performance Coatings

HMC Performance Kansas small business award

HMC Performance Coatings, a Hobby Monster Customs, LLC company is family owned and operated in Tonganoxie, Kansas.

Once a personal hobby that ‘morphed out of control’ HMC was developed as a full-service powder coating facility for custom and manufacturing projects.

In January of 2014 on the recommendation of a business acquaintance, the team at HMC contacted the Kansas SBDC at the University of Kansas (KU). Initially the big challenge was to conduct market research to test the theory that the retail business would succeed. However, as the business changed its focus, the challenge shifted from marketing to business development. As the company has grown, the challenges have shifted.

HMC is a great example of how the SBDC works with a client business as their needs change over time. The following is a short Q & A with the HMC team that highlights their experience with the SBDC team.

Kansas SBDC: What specific challenge(s) prompted you to contact the Kansas SBDC?

HMC Performance: Entrepreneurship comes with a host of challenges. We had an amazing vision, but in truth, we knew very little about planning, launching or building a business. In our search to learn more, we discovered America’s SBDC Kansas at the University of Kansas. Initially, we reached out for assistance in finalizing our business plan to obtain funding. Will Katz, our SBDC advisor helped to educate us on the vast support and resources available to entrepreneurs ready to build a successful business for little or no costs. The SBDC has become HMC’s “one stop shop” for business related resources. Despite what many might believe, the challenges of entrepreneurship do not get smaller as the business grows, however, our capacity to meet those challenges continue to develop thanks to the mentoring and coaching relationship we have with SBDC.

Kansas SBDC: How did your Kansas SBDC advisor or advisor team help you overcome these challenges? What solutions did you and your advisor discover together?

HMC Performance: As new entrepreneurs with limited business background we understood that we had many challenges ahead of us. HMC initially launched as a ATV/UTV specialty shop, offering powder coating services to further customize the machines. Within the first few months of business, the demand for our outstanding powder coat finishes and fast-growing reputation of unbeatable customer service spread well beyond our atv/ utv enthusiasts. The revenue trend of our powder coating services continued to grow and consume all our available resources. Armed with our company’s data, HMC worked closely with the SBDC to determine which path was best for the future of Hobby Monster Customs; continue to stretch HMC resources to “stick” with the original business plan OR use our data, embrace it, and redefine who we would become. The opportunity to work closely with Will analyzing balance sheets, profit/loss statements, and further market research allowed us to become laser focused on the profitable stream of the business and develop a plan for eliminating less profitable sections of the business. This was a momentous decision with great outcomes for our business.

Kansas SBDC: What specific results or outcomes have you experienced in your business since implementing these solutions? How have these results changed your business?

HMC Performance: HMC has experienced tremendous growth since focusing solely on powder-coating and media blasting services. Our business went from one employee to one part-time and 16 fulltime employees, with an increased facility of 8,400 square feet from 3,600 square feet since our doors opened for business four years ago. HMC continues to grow and looks forward to another successful year capitalizing on low cost professional development courses and other resources of the SBDC.

More about HMC Performance Coatings

Website: HMC Performance Coatings
Facebook: HMC Performance Coatings

Kansas SBDC Advisors

Will Katz, KU
Jack Harwell, JCCC

How Kansas SBDC helped HMC Performance Coatings

Cash Flow Projections
Business Plan
Marketing Plan
Market Research
ProfitCents Analysis
Strategic Management Program 

Filed Under: Business Planning, financial analysis, market research, marketing, strategic planning, success stories Tagged With: business plan help, businesses in Tonganoxie, help for business in leavenworth county, help with marketing, HMC, HMC Performance Coating, media blasing, powder coating, sbdc, Tonganoxie businesses

Kansas SBDC March 3, 2018 Leave a Comment

Angel Competition Bikinis

angel competition bikinis small business awardsUpon graduating from KU in 2013, twins Karah and Lauren Beeves began their chosen careers – Karah as a respiratory therapist and Lauren as a preschool teacher.

Always looking for their next challenge, the twin sisters took their passion for working out and, in October 2013, Karah entered her first body building competition. Lauren was not far behind entering her first competition in March of 2014.

Struggling to find quality competition suits the twins decided to make their own, and Angel Competition Bikinis (ACB) LLC was born.

Karah and Lauren were taught to sew at a very young age by their mother. The girls knew design and construction and knew they could build a better suit than what was currently available to a growing market.

On June 24, 2014, Karah resigned from her job and started ACB using money saved from her salary. Lauren joined the business full time the following August, requiring both girls to continue living like they were in college and reinvesting all their revenue into the business.

Combining a unique social media strategy with their higher quality product, ACB sales exceeded every expectation and all projections in its first full year. ACB began 2016 with record sales. It became apparent the business was growing faster than Karah and Lauren could accommodate.

In 2017 ACB was referred to the Kansas SBDC at Johnson County Community College (JCCC). They met with Stephanie Landis, their SBDC Advisor. Initial conversations focused on purchasing a new building. “Stephanie has been AMAZING helping us with the purchase of our new building… (She) has helped us apply for the correct zoning, set up the most efficient production flow line, finance the building, and much more.”

This initial work was just the beginning. With a commitment to continually improve themselves and the business, the sisters are working with Stephanie Landis in all areas of their operations – including process and production flow systems as well as employee and inventory management. In addition, the ACB owners actively participate in GAME – Growth through Action, Measurement and Engagement – a strategic planning workshop series offered at the Kansas SBDC at JCCC. While 2017 began with an analysis of profit and loss statements and production flow, the year ends with drastically improved financial records tracking revenue by product line and accounting that is more reflective of a true manufacturing business.

2018 will bring continued success in a new 6,000 square foot building, systems to enhance operational efficiencies as well as six full-time and five part-time employees. The Kansas SBDC and its group of advisors are extremely proud to support this uniquely creative and passionate team of entrepreneurs.

More Angel Competition Bikinis 

Website: Angel Competition Bikinis
Twitter: @AngelBikinis
Pinterest: Angel Competition Bikinis

Kansas SBDC Advisor

Stephanie Landis, JCCC

How Kansas SBDC helped Angel Competition Bikinis

Building Purchase
Operations
Cash Flow Projections
Business Plan
ProfitCents Analysis

Filed Under: Business Planning, financial analysis, success stories Tagged With: ACB, Angel competition bikinis, bikinis, business help in johnson county, business help in kansas, business help near kansas city, business plan help, Businesses in johnson county, competition bikinis, marketing help for my business, sbdc

Kansas SBDC March 2, 2018 Leave a Comment

Lost Creek Supply

Lost Creek Supply Kansas SBDC award

Lost Creek Supply started with a building, a market in the community, and a need for flexibility and time with family.

Kaid Bauman was looking for a business that could meet all three needs.

In April of 2017, Steve Hanson at Pioneer Development Inc. referred Kaid to the Kansas SBDC at Fort Hays State University (FHSU). Bauman was seeking assistance to develop a business plan that could secure financing for his new venture. Bauman remembers the initial meeting, “I learned so much from just sitting and talking for that hour.”

Working with Rick Feltenberger, regional director at the Kansas SBDC at FHSU, Bauman developed a business plan and received funding for the business. To complete the business plan, Rick and Kaid worked together on cash flow projections, market research, and benchmarking to help this new business owner understand how to manage his new business by the numbers. Lost Creek Supply, a farm supply store in Kensington, Kansas, opened in June of 2017.

When working with the Kansas SBDC one thing that stood out to Kaid was Kansas SBDC market research. One challenge Kaid noted in starting his business from scratch was knowing what to sell, how much inventory to carry, and how to manage seasonal items. The research identified potential customers within a 50mile radius of the store. This in turn provided Kaid a starting point for his marketing plan.

Kaid’s advice as a new small business owner is to “do your homework and get in with good companies.” “Go talk to the Kansas SBDC. You may think you know what you are doing, then you sit down with them.” Even though his doors are open, Bauman looks forward to working the SBDC team to keep things on track. “We don’t want our experience with the Kansas SBDC to be a one and done experience. We want to keep using the center’s knowledge as a tool as we continue.”

At the end of 2017, only a few months into the business, the farm supply store is performing better than projected.

Kaid says the best thing about being an entrepreneur is being your own boss. He appreciates being flexible to do things the way he wants, whether they are right or become learning experiences. He has been able to talk with the community and fill his retail floor with inventory and find the best deals for their needs. Bauman was also able to give his father a project working indoors in the store and out of the elements on their family farm.

“We have an older community, but there are a lot of young people coming back to the area,” said Kaid as a representative of a new generation of emerging business owners. Kaid’s schedule remains flexible to spend time with his own family of five.

More About Lost Creek Supply

Facebook: Lost Creek Supply

Kansas SBDC Advisor

Rick Feltenberger, FHSU

How Kansas helped Lost Creek Supply:

Cash Flow Projections
Business Plan
Market Research
ProfitCents analysis

Filed Under: Business Planning, financial analysis, market research, success stories Tagged With: business help near hays, farm supplies, farm supplies in kansas, kansas businesses, Kensington businesses, Lost Creek Supply, market research help, sbdc

Kansas SBDC March 2, 2018 Leave a Comment

Double D Family Mat Shop

Double D family mat Kansas SBDC awardIn 1995 when Dale Goetz began using old tires as door mats on his family farm in Park, Kansas, he didn’t know it at the time, but he was laying the groundwork for what would become Double D Family Mat Shop Inc.

While Dale had created a pragmatic solution out of old tires, a fellow feedlot owner from St. Francis noticed a different opportunity. He noticed the tire treads being discarded to make the door mats and asked Dale if it would be possible to produce mats from the treads to be used in the feedlots.

This made total sense to Dale. Tire tread was an effective and durable anti-slip surface. By applying the material attributes of treads, Dale could develop mats that could be used to protect his cattle from injury. ‘‘I fed cattle my whole life,” shared Dale. “I noticed that they would slip, fall and get hurt in our feedlot. Those injuries were costing us a lot of money. The concrete surface was uncomfortable for them, and it made the processing area very noisy.” Dale cut the sidewalls out of the tires and created a machine that would cross cut the tread so that it was able to lay flat. To create the mats he would manually assemble basket-weave style mats cattle could walk on.

Curious about performance of the mats, Dale tested several at a St. Francis feedlot.

After seeing the mats in action at the feedlot, farmers and feedlot owners from surrounding towns began contacting Dale to purchase his mats proving the concept of the product.

Dale and his wife Dena decided to officially launch their cattle mats manufacturing business in 1995.

Since that time their journey has been full of successes both domestically and internationally. In 2014, the company decided to enter the global market. Their first major international order came from Mort & Co., feeding lot specialists in Australia.

‘’In the beginning, it was difficult and scary because we had no exporting experience’’ says Christin Merwald, marketing director of the company. ‘‘That is when we decided to contact the Kansas SBDC. The SBDC was very helpful in providing initial export guidance on how to correctly file export documentation. They referred us to the right resources – like the International Trade Administration and the U.S. Commercial Service – who helped us participate in the Alberta Beef Industry Conference in Canada. We generated $10,000 in sales from this connection. They also guided us in the process of obtaining a D.U.N.S. number and provided us with a list of potential local customers in a 100 miles radius.’’

The company has successfully entered the Canadian and Australian markets. In three years, they have shipped over $270,000 worth of products. Currently, they ship annually three containers to Australia and an average of 10 pallets to Canada. ‘‘We are looking forward to continuing our work with the Kansas SBDC and Mariel, our advisor, to help us find distributors in Australia and Canada, and develop an international business and marketing plan that will allows us to successfully enter new markets in South America, Central America and Asia.’’ says Amber Hutchison, Double D Family Mat Shop’s COO.

Dale’s advice to someone thinking about starting a business is to ‘’Go for it. Whatever your idea is, don’t be scared. But always be careful who you let in the door. Protect your secret of success, and take the time to find and use the resources available to help you grow.’’

This year, Double D Family Mat Shop celebrates 22 years of manufacturing custom-built, heavy-duty livestock slip reduction mats.

More about Double D Family Mat Shop

Website: Double D Family Mat Shop
Facebook: Double D Family Mat Shop

Kansas SBDC Advisor

Mariel Huasanga, FHSU

How Kansas SBDC helped Double D Family Mat Shop

Business Plan
Marketing Plan
Market Research
Export

 

 

Filed Under: Business Planning, exporting, global trade, market research, marketing, success stories Tagged With: business help in kansas, dd family mats, Double D family Mat Shop, feed lot equipment, feed lots, feeding america, park kansas businesses, prevent cattle injuries, rubber mats, sbdc, slip resistant mats

Kansas SBDC March 1, 2018 Leave a Comment

Radius Brewing Company

 

Radius Brewing flight of beer

In 2012 U.S. microbreweries were on the rise.

For Justin “Gus” Bays, chef at the Grand Central Hotel in Cottonwood Falls, this was the right time to explore an opportunity. He approached his friend and nascent brewer Jeremy “J.J.” Johns about the idea to open a brewpub in historic downtown Emporia, Kansas. Emporia, the county seat of Lyon County and home to Emporia State University was undergoing a renaissance.

Bays and Johns began putting out feelers to learn if the Emporia, Kansas, market was ready for a microbrewery. Together they sought out the local Kansas SBDC at Emporia State University (ESU) and began meeting with SBDC regional director, Lisa Brumbaugh, to talk about their plans. Brumbaugh pulled in SBDC business advisor, Jim Stephens, to help with the process.

Since a brewpub was a relatively new business model for the area, it took some creative funding to get the business started. Bays and Johns worked not only with the SBDC, but also with Emporia Main Street and NetWork Kansas, to secure loans they needed. To ensure the business model would thrive, the team crowdsourced a critical piece of the funding. Bays and Johns put out a call for private investors willing to lend $5,000 with creative terms: The principal is repaid in full in cash after seven years, and interest is paid in the form of $30 monthly food credits at Radius Brewing Company, LLC.

The funding model worked.

Radius began producing beer in January 2014, and began selling it for off-site consumption in February while construction of the restaurant wrapped up. Radius completed their team towards the end of construction by adding Chad Swift to the team. Swift had just graduated from Wichita State with a business degree and filled the role of General Manager, adding some much needed business knowledge, and “Front of House” aka bar experience.

On April 24th of 2014 they opened their doors for full restaurant and bar service. More than 4,500 customers were served in the pub’s first 10 days according to Johns.

Swift became a co-owner in 2015 joining Johns and Bays to complete the Radius team.

Since their start, Radius has drawn in numerous customers from outside the area with a few famous customers visiting as well. In June of 2015 William Shatner (aka Captain Kirk/Star Trek aka Denny Crane/Boston Legal) stopped in with a film group to taste the local fare.

More about Radius Brewing Company

Website: Radius Brewing Company
Twitter: @RadiusBrewing
Instagram: radiusbrewingco

Kansas SBDC Advisors

Jim Stephens, ESU
Lisa Brumbaugh. ESU

From Jim Stephens, SBDC business advisor: For me as a business advisor, I believe a business plan is a living instrument that creates success.

Sometimes creating a business plan can be a grueling process for startups as they want to ‘just get it done.’ Most have an idea of a plan in their head. The key is to get it out and make it concrete in order to follow it. With Radius we worked together to dig deeper and deeper into what became a working plan. The guys persisted and ended up with a plan that gave them a road map to success. That road map, according to Justin and J.J. was still used a year ago rather than sitting on a shelf.

How Kansas SBDC helped Radius

Cash flow projections
Business Plan
Market Research

Filed Under: Business Planning, financial analysis, market research, success stories Tagged With: brewpubs in kansas, business help in kansas, business help near emporia, kansas sbdc, marketing help for my business, radius brewing, radius brewing near emporia, sbdc

Kansas SBDC March 1, 2018 Leave a Comment

Bella Rose Boutique and Tanning Salon

bella rose boutique kansas sbdc award

As one business closes, does another open? For Lindsay Beyer the answer was, “Yes.”

In 2013 Lindsay Beyer noticed the local tanning salon was closing in Burlington, Kansas. She decided to purchase the business and open what would become Bella Rose Boutique and Tanning Salon LLC.
Lindsay knew that sales that were purely dependent upon the customers in a town of 2,600 would be challenging. So when she began developing her business model, she knew it would be critical to generate sales outside of the area. This would require a strong online store as well as a solid on the-ground store in Burlington.

To make this happen, Lindsay did her homework. “I knew that I wanted to run a business, but I also knew that it wouldn’t be easy for me, and that in order to do so, I needed to do my research and learn as much as I possibly could.” To get the ball rolling Lindsay attended a ‘SBDC Start Your Own Business Workshop’ taught by Lisa Brumbaugh, regional director for the Kansas SBDC at Emporia State University (ESU) and began meeting monthly with Tom Byler, who was at that time working as a business advisor with the Kansas SBDC at ESU. Tom is now the regional director for Kansas SBDC at Pittsburg State University (PSU).

At the workshop, Lindsay shared that she received a ton of information and admitted that she felt slightly overwhelmed. “I made a checklist, and completed the tasks I knew how to do. Tom helped me tremendously with the tasks I didn’t know how to do. He pointed me to the proper resources and made sure I got the information I needed to write an impressive business plan. I gathered information from bankers, insurance agents, accountants, and other helpful business owners. I learned how to research the market demographics, and one of the most important tools that I still use is the breakeven analysis.”

Along with Tom Byler, Lindsay now has support from Lisa Brumbaugh, regional director at the Kansas SBDC at ESU. “I can’t imagine opening a business without their assistance. We wouldn’t have made it very long.” Lindsay still uses breakeven analysis to make decisions on what she can spend and if/when/how she can pay herself.

Her experience with the Kansas SBDC put her in a position to succeed from the start. “You can’t start a business overnight. I was not prepared for how much research/ planning went in to opening our doors.”

What would Lindsay share with other businesses? “It’s easy to get overwhelmed, and tasks were much more manageable with the help of the Kansas SBDC. I felt like I had direction and always knew what needed to be done next in our planning period.”

With customers from across the U.S. from the online store, Bella Rose has found a model that works in small town Kansas and keeps the doors open.

In 2014 Lindsay opened Bella Rose. In October of 2016 she was recognized at the Young Entrepreneur of the Year by Kansas Department of Commerce at the 32nd Annual Minority and Women Business Awards.

More About Bella Rose Boutique and Tanning Salon

Website: Bella Rose Boutique and Tanning Salon
Twitter: @BellaRose307
Pinterest: bellarose307
Instagram: shopbellaroseboutique

Kansas SBDC Advisors

Lisa Brumbaugh, ESU
Tom Byler, PSU

How Kansas SBDC helped Bella Rose Boutique

Business Plan 

Filed Under: Business Planning, success stories Tagged With: bella rose, burlington shops, business help near emporia, business help near pittsburg, help for my business, kansas businesses, kansas sbdc, tanning salon

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