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Home Archives for HMC Performance Coating

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 1, 2018 Leave a Comment

2018 Kansas Small Business Awards [press release]

Kansas SBDC to recognize 17 successful Kansas small businesses

Awards Ceremony scheduled for March 13, 2018 in Topeka

 

TOPEKA, Kansas — The Kansas Small Business Development Center (Kansas SBDC) statewide network has announced the 2018 Kansas SBDC Small Business Awards recognizing Existing, Emerging, and Exporting Businesses of the Year. Each of the eight Kansas SBDC regional centers have selected one emerging and one existing business for the award. Two exporting businesses were selected as well.

In total, 17 Kansas small businesses will be recognized at a ceremony in Topeka on Tuesday, March 13. The businesses were selected from more than 2,400 businesses that received Kansas SBDC one-on-one business advising services in 2017.

“The selected businesses were chosen through careful consideration by our Kansas SBDC regional directors and advisors,” said Greg Panichello, Kansas SBDC state director. “Collectively, the Kansas SBDC team believes these 17 small businesses are excellent examples of small businesses that have learned to adapt and succeed in challenging times.”

WIBW-TV Anchor and Reporter Melissa Brunner will emcee the event.

 

Existing Businesses of the Year

Radius Brewing Company, LLC, Justin Bays, Jeremy Johns, Chad Swift, Emporia

KYVZ Radio, Joe Vyzourek, Atwood

KC Restoration, LLC, Bill and LeAnn Luemmen, Olathe

KEA Advisors, Keith Ely, Lawrence

La Harpe Telephone Company, Inc., Harry Lee, Joyce Lee, Carol Higginbotham, La Harpe

T & B Towing LLC, Ty Rader, Liberal

Overstock Art LLC, David Sasson, Wichita

The Wabaunsee County Signal-Enterprise, Lori Daniel, Alma

 

Emerging Businesses of the Year

Bella Rose Boutique and Tanning Salon, LLC, Lindsey Beyer, Burlington

Lost Creek Supply, Kaid Bauman, Kensington

Angel Competition Bikinis, LLC, Karah and Lauren Beeves, Mission

HMC Performance Coatings, Shawn and Amie Bristol, Tonganoxie

Root Coffeehouse, Lindsey and Trent King, Pittsburg

Advantage Marketing, Cori Kohlmeier, Amy Hoefer, Wichita

Sugar Creek Country Store LLC, Dan Hohman, St Marys

 

Exporting Business of the Year

Double D Family Mat Shop Inc., Dale and Dena Goetz, Park

NorthWind Technical Services, LLC, Marlene and Mike Bosworth, Sabetha

 

About Kansas SBDC

The Kansas SBDC is a statewide advising, consulting, and training service for small business (typically less than 500 employees) funded by federal, state, and local partners. Funding allows the Kansas SBDC to provide advising and training (i.e. financial analysis, marketing, and management) to businesses across the state at low or no cost. Kansas SBDC is an accredited member of America’s SBDC, the most comprehensive small business assistance network in the United States.

To learn more, visit https://www.kansassbdc.net or call 877-625-7232.

Filed Under: press releases, success stories Tagged With: 2018 kansas small business awards, Advantage Marketing, Angel competition bikinis, bella rose, Double D family Mat Shop, HMC Performance Coating, kansas small businesses, KC Restoration, KEA advisors, KYVZ radio, La Harpe Telephone Company, Lost Creek Supply, northwind technical services, Overstock Art, press release, radius brewing company, sbdc, signal enterprise, small business success, Sugar Creek Country Store, T & B Towing

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Greg Panichello, Kansas SBDC State Director
800 SW Jackson St Ste 900
Topeka KS 66612
785-296-6514
panichello@ksbdc.net

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