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Success in business
means growth in revenue, profit, and recognition. For small businesses, it also
can bring new challenges, as Laura Goff and Ben Parham of Knoxville, TN discovered.
In 1990 they began State of The Art, Inc. which designed, created, and installed
custom stained glass windows and doors. By 2000 it had grown to the point that
the management requirements began taking precedence over what they liked doing
and at which they excelled. Some business responsibilities were being overlooked
or not performed as well as they should be. It became clear that responsibilities
needed to be defined and divided between them. But just how to do this was something
for which they needed assistance.
They contacted SCORE
and Counselor Chuck Christiansen began meeting with them to identify which tasks
each partner was better at performing and if some might be outsourced. Managing
as many as 13 full and part time employees, reducing turnover, and performing
payroll tasks appeared to be an area needing attention. First, they decided
to outsource the payroll function. Then with Chuck's assistance they created
an employee manual that included basic training as well as employee responsibilities
and expectations. These steps helped reduce their administrative duties and
reduced employee turnover, allowing them to concentrate on their primary tasks.
Their business continued expanding, and within a few years they began to outgrow
their space. However, they had a very attractive lease arrangement and did not
really want to move their business. Again, they called on Chuck for guidance.
Looking at their space arrangements and layout, they realized that a large portion
was devoted to the retail portion of the business (materials purchased by hobbyists
and space required for classes). Working with Chuck, they examined their records
and found that the retail business had been in decline, was losing money, and
consuming a large portion of their time. They decided to exit the retail business,
which allowed them to reconfigure their floor plan so that a section of the
building could be utilized for storage and not have to be heated and cooled.
This immediately reduced utility costs, and allowed them to remain in their
current location.
These tactics have allowed Laura and Ben to continue growing their business
by fifteen to twenty percent annually. While their primary clientele has been
churches within 100 miles of Knoxville, they realized that there are other opportunities
for growth. They recently have began expanding their geographic coverage and
targeting other client bases, and have asked Chuck for assistance and guidance
in this new venture.
Quite often a business finds a solution to a problem area with the assistance
of a SCORE Counselor, only to face another problem later. For almost 10 years,
Laura and Ben have called on SCORE and Chuck to help them through several issues.
And that's how a counselor becomes a mentor.
In the Greater Knoxille area for assistance in your company's business planning, whether a start-up or an established business, contact the Greater Knoxville SCORE Office at phone 865-692-0716, fax 865-692-0718 visit the SCORE web site http://scoreknox.org
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