FSBDC at UCF Assists Longtime Auto Repair and Maintenance Shop Attract New Customers While Retaining Existing Ones

November 20, 2019
FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Rafael E. M. Pratts, Area Manager, FSBDC at UCF – Kissimmee-Osceola County, 407.847.2458 or rpratts@ucf.edu

For a small business owner, the first challenge is making sure you’re offering the best products or services in town. The second is delivering on that promise to your current customers. And the third is attracting new customers who can benefit from what your business has to offer.

Over the past 30 years Andy St. Denis, the owner and chief mechanic of Andy’s Auto Service, has established his full-service repair facility as the best there is in St. Cloud, FL and he has loyal customers to prove it. But it was that third challenge – attracting new customers in his rapidly growing and changing community – that prompted St. Denis to seek assistance from the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) and its Kissimmee/Osceola County satellite office.

“We repair and maintain automobiles really well,” St. Denis says. “We have the most up-to-date training, technology, and equipment available, so our customers’ vehicles get the best service possible, maintained and repaired to the latest factory specifications. We make our customers happy and that’s the way we like it.”

St. Denis is also very involved in and cares deeply about his community. “It’s what makes us different from the franchises and big box stores out on the highway,” he says. “I am proud that Andy’s Auto Service is located in St. Cloud’s historic downtown district and to personally be part of the St. Cloud Citizens Foundation, the American Legion and other local organizations.”

However, just as he has made sure to have all the latest diagnostics tools, computerized repair manuals and trained technicians, St. Denis also wanted to make sure he was using the latest marketing tools to draw the younger new residents moving into his community. “I know how to repair cars but, as far as marketing the business, I was unfamiliar with the most recent strategies and activities, like web marketing for instance” St. Denis states. “That’s where my FSBDC consultant, Rafael Pratts, came in.”

In the beginning, St. Denis and Pratts met every few weeks, analyzing the company’s current marketing activities, trying different strategies, building a marketing plan. St. Denis also attended some of the FSBDC’s business seminars where he learned new approaches, heard how other business owners did things, and got new ideas.

“That’s what the FSBDC is great at: teaching old dogs new tricks,” recalls St. Denis. ”It showed me new things I could do that I wasn’t aware of. And they never aimed me in the wrong direction. I may not have always liked what I was hearing but sometimes you need to hear it. I know I did. And its all been a positive for my business. I see the results every day.”

“The FSBDC has helped me and Andy’s Auto Service greatly,’ continued St. Denis. “The seminars, the one-on-one consulting with Rafael, the market research have all made a difference. Since I started working with the FSBDC and began my marketing plan, I‘ve seen more incoming phone calls from potential new customers; I’ve seen an increase in returning customers; and I’ve seen my revenues improve by more than 25%. I would recommend the FSBDC highly, and I do to my friends and family.”

For information about Andy’s Auto Service, please visit https://andysautoservice.net/.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of the UCF Office of Partnership & Innovation and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 10 service centers across Central Florida.

In 2018, the FSBDC at UCF served over 2,500 entrepreneurs in Central Florida with consulting services, resulting in more than 6,500 jobs created, retained or saved; $749 million in sales growth; $36.1 million in capital formation; $178.3 million in government contract awards; and 277 new businesses started. For more information, please visit www.sbdcorlando.com.

About the Florida SBDC Network

For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2018, Florida SBDCs have provided professional business consulting to 11,500 client businesses, resulting in more than 38,400 jobs impacted; $4.4 billion in sales generated; $520 million in government contracts acquired; $201.8 million in capital accessed; and 665 new businesses started.

A statewide network of over 40 offices, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a 2016 recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

 

Assistance from UCF-hosted FSBDC and Florida PTAC Helps Managed Security IT Services Company Grow

October 14, 2019
FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Steven South, PTAC Manager, PTAC at UCF, 407.420.4859 or steven.south@ucf.edu

Orlando, FL – John Burns is an accomplished leader. He is a retired United States Army Colonel with a distinguished military career, including as a commander in combat. He built a successful IT consulting business after the Army. It was then he saw a government contracting opportunity he thought he could win. And win it he did.

But now what? Transforming from being a one-person consultancy to building a company with multiple employees that could service a multi-faceted government contract is a tall order. That’s when Burns turned to both the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) and its government services partner organization, the Florida Procurement Technical Assistance Center at UCF (Florida PTAC at UCF).

“It was time to make a major pivot,” recalls Burns. “I needed help. I needed expertise on how I could scale up a company and identify the processes and systems necessary to do so. That’s when I sought out the FSBDC and PTAC. My consultant Steve South was superb. We laid out a game plan to get all the pieces I needed to have in place – employee hiring, insurance, worker’s comp, payroll, benefits – to jump start my business. Then I did it.”

Today, Burns’ company Eagle 6 Technical Services, LLC is a multi-million dollar Service Disabled Veteran Owned Small Business (SDVOSB) specializing in cybersecurity, command & control and logistics & maintenance systems. It is currently expanding into managed security services for the commercial health care sector as well as for government clients, and has broadened itself into being a full-fledged security integrator, providing physical security, information security and personal security solutions.

From the start, Burns has taken advantage of all that the FSBDC and PTAC have to offer, including the high value, no cost, expert business consulting he receives from South; business training seminars and workshops; and access to expansive market research resources. He went on to participate in two of the FSBDC’s Services for Leaders programs, the Advisory Board Council (ABC) and the Small Business Institute® (SBI®).

FSBDC at UCF’s Advisory Board Council is a no-cost board of experts providing advice and counsel to help businesses grow.  The FSBDC acts as a matchmaker, creating a customized board of volunteers selected to address the specific needs of the FSBDC client. The Small Business Institute® connects small businesses to the resources and management expertise of UCF’s College of Business Administration through consulting projects overseen by the FSBDC and performed by UCF MBA and other qualified business students.

“I wouldn’t be where I am today if it wasn’t for the help I received from the FSBDC over the past four years,“ concluded Burns. “They helped me put processes and systems in place where, as a small business, I could manage the cash flow that was critical to growing the company.”

“The results speak for themselves: we’ve increased revenues about 200% in the last three years; we’ve hired new employees and raised headcount; and we’ve expanded and won additional government and commercial work. Working with the FSBDC and PTAC has been an awesome experience for Eagle 6.”

For information about Eagle Six Technical Services, please visit https://eagle6usa.com/.

— FSBDC —

About the Florida Procurement Technical Assistance Center (PTAC) at UCF

Government Contracting Services offered by the Florida Procurement Technical Assistance Center (PTAC) at the University of Central Florida provide high-value, confidential one-on-one consulting at no cost to help Florida businesses prepare, research, and bid on federal, state, and local government contracts. Since 1986, Florida PTAC client businesses statewide have won $9 billion in contract awards, helping to create and save almost 200,350 jobs. This PTAC is funded in part through a cooperative agreement with the Defense Logistics Agency. For more information, please visit www.fptac.org.

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of the UCF Office of Partnership & Innovation and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 10 service centers across Central Florida.

In 2018, the FSBDC at UCF served over 2,500 entrepreneurs in Central Florida with consulting services, resulting in more than 6,500 jobs created, retained or saved; $749 million in sales growth; $36.1 million in capital formation; $178.3 million in government contract awards; and 277 new businesses started.  For more information, please visit www.sbdcorlando.com.

About the Florida SBDC Network

For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2018, Florida SBDCs have provided professional business consulting to 11,500 client businesses, resulting in more than 38,400 jobs impacted; $4.4 billion in sales generated; $520 million in government contracts acquired; $201.8 million in capital accessed; and 665 new businesses started.

A statewide network of over 40 offices, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a 2016 recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

September 18, 2019

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

                 Jairo Batista, Consultant, FSBDC at UCF, 407.420.4853 or Jairo.Batista@ucf.edu

Orlando, FL – Owning and running a business can be a high wire act, fraught with risk and worries about the next step. But it can also be a measured and satisfying walk on dry land if you take the time to get the help you need, educate yourself and act with strategically. Buffy Werle chose the latter course and, with the assistance of the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF), has been able to build a successful, five-year-old business based in Casselberry, Florida.

Mrs. Werle is the founder of B Organized Today, a professional home organizing and downsizing service for homes and businesses. B Organized Today helps clients take on the massive challenge of separating themselves from years of possessions and working through the emotions of being overwhelmed and even sadness when doing so, until they find themselves in a more organized, manageable and better place. “Declutter, Downsize, Organize,” is the B Organized Today mantra.

“We do really extraordinary work helping our clients,” Werle says. “But when it came to running the books and paperwork of a business, I didn’t have that background. I desperately needed to be educated. That’s why I turned to the FSBDC. The close to 15 training seminars I have attended enabled me to develop business skills. Their no-cost consulting helped me prepare a business plan to grow my company to a larger scale. And the digital marketing expertise of my consultant Jairo Batista has made my marketing more effective and successful.”

“The FSBDC has been a really great resource. My experience has been nothing but positive,” Werle continued. “I’ve learned a lot. I’ve made connections through it, even found a few clients. Most important, I’ve gained confidence in myself as a businessperson and know I am moving forward properly.”

B Organized Today has been growing steadily since the FSBDC started assisting Werle. Revenues have been built slowly and carefully to ensure that there was always capacity available to meet or exceed client expectations. Attention has been paid to improving operations, making sure the systems and processes were in place to manage the business effectively, such as implementing an accounting system and adding credit card services.

“I’ve managed our growth to make sure we didn’t get in over our heads,” Werle states. “My focus has been on a really solid foundation and then built from there. Our revenues last month were the best ever. My partner Arianne Archer and I are now talking about expanding the business, adding organizers and serving a larger market area. Our future is bright.”

“I love working with the FSBDC,” concluded Werle. “I have support from smart, experienced business consultants who can see my vision and guide me toward achieving it. I know I can lean on them for knowledge and inspiration. It’s beautiful to know that all along the way I have the help of the FSBDC.”

For information about B Organized Today, please visit https://www.borganizedtoday.com/.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of the UCF Office of Partnership & Innovation and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 10 service centers across Central Florida.

In 2018, the FSBDC at UCF served over 2,500 entrepreneurs in Central Florida with consulting services, resulting in more than 6,500 jobs created, retained or saved; $749 million in sales growth; $36.1 million in capital formation; $178.3 million in government contract awards; and 277 new businesses started. For more information, please visit www.sbdcorlando.com.

About the Florida SBDC Network

For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2018, Florida SBDCs have provided professional business consulting to 11,500 client businesses, resulting in more than 38,400 jobs impacted; $4.4 billion in sales generated; $520 million in government contracts acquired; $201.8 million in capital accessed; and 665 new businesses started.

A statewide network of over 40 offices, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a 2016 recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

Orlando’s First Russian-speaking Daycare Center Thrives with Assistance from Florida SBDC at UCF

August 5, 2019
FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or HThayer@ucf.edu

                 Elly Membreno, Consultant, FSBDC at UCF, 407.847.4311 or Elly.Membreno@ucf.edu

Orlando, FL – “Mayak” is a Russian word which translates to “House of Light” in English. It is the one word that Alenka Zviarovich and husband Roman Katrychenko say they would use to describe the Florida Small Business Development Center at the University of Central Florida (Florida SBDC at UCF) and the assistance it provided them with starting and growing their business.

Zviarovich and Katrychenko are the founders and owners of Alenka Your Learning Kids Academy. It is the first Russian-speaking daycare center in Orlando. The Academy uses the Russian language exclusively at the school and offers a setting where infants and children up to age 5 are exposed to the Russian food, curriculum and culture their parents grew up with.

“When we had our first child,” recalls Roman Katrychenko, “we searched for a daycare built around our language and traditions. When we couldn’t find one, we started our own, home-based daycare center. Word got around among the Russian émigré community in Central Florida that there was a Russian-speaking daycare center. We started getting calls right away but didn’t have the space and were turning people away.”

It was then that Zviarovich and Katrychenko turned to the Florida SBDC at UCF and its consultant Elly Membreno. They started attending classes to learn how to start a business. They took advantage of the FSBDC’s no-cost consulting from Membreno who guided them through preparing a business plan, doing their financial planning and budgeting and who answered their many questions.

“My English is not so good,” says Alenka Zviarovich. “I have trouble understanding sometimes. But I could understand everything my consultant Elly said to me. She explained everything, word for word. I would come home with lists after every meeting. Roman and I would then do every step that Elly told us. We filed every form, passed every test, passed every inspection. And we opened our doors, thanks to Elly.”

Since starting their work with the Florida SBDC, Zviarovich and Katrychenko have had a lot of successes. They have moved to a new location and into their own building; they completely renovated that building to house their daycare center; they have grown from caring for three children to more than 20 today, and are expecting as many as 35 in the fall; they have increased in size to 5 employees; and financially they have reached break-even and see profitability on the horizon. All in the 6 short months since Alenka Your Leaning Kids Academy opened in January 2019.

“Working with the FSBDC opened our eyes wide,” says Roman Katrychenko “It’s a very big difference from where I was born. You help regular people at no-cost open their business.”

“When I found Elly and the FSBDC, I was so excited,” continued Alenka Zviarovich, “because I learned so much and saw so much opportunity. Elly is like sunshine. She showed me the light and the way to go. The FSBDC is a “Mayak” for us. It shone light on our path, told us what we needed to do and how best to do it. Thank you, Elly and the FSBDC.”

For information about Alenka Your Leaning Kids Academy, please visit https://alenkakidsacademy.com/home/.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of the UCF Office of Partnership & Innovation and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 10 service centers across Central Florida.

In 2018, the FSBDC at UCF served over 2,500 entrepreneurs in Central Florida with consulting services, resulting in more than 6,500 jobs created, retained or saved; $749 million in sales growth; $36.1 million in capital formation; $178.3 million in government contract awards; and 277 new businesses started.

About the Florida SBDC Network

For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2018, Florida SBDCs have provided professional business consulting to 11,500 client businesses, resulting in more than 38,400 jobs impacted; $4.4 billion in sales generated; $520 million in government contracts acquired; $201.8 million in capital accessed; and 665 new businesses started.

A statewide network of over 40 offices, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a 2016 recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

July 15, 2019

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu
Jairo Batista, Consultant, FSBDC at UCF, 407-420-4850 or Jairo.Batista@ucf.edu (Contacto En Español)
Margaret Incandela, FSBDC at DSC, 386.506.3578 or Margaret.Incandela@daytonastate.edu

¡Los Sueños Se Hacen Realidad!

El programa FSBDC en Daytona State College ayuda a las hermanas Jasmari y Brenda a realizar su sueño con la compra de El Coquí Bakery, ubicado en Deltona, que ofrece panes puertorriqueños auténticos, productos horneados y sándwiches

Orlando, FL – Comprar una pequeña empresa siempre es un desafío. Llegar a un acuerdo con un precio justo con el vendedor, negociar los términos, acceder al financiamiento y luego abrir sus puertas con el signo “Bajo Nueva Administración” son solo algunos de los obstáculos que superar. Y, cuando uno se está trasladando de Puerto Rico, fluyente en el idioma español, pero no en el inglés, el nivel de dificultad se magnifica.

Las hermanas Jasmarie Rosa y Brenda Rosa, ambas recién emigradas a Florida después de la destrucción y la devastación en Puerto Rico, causada por el huracán Maria, categoría 5, no se dejaron intimidar por la elevada complicación que tenían frente de ellas, de adquirir un negocio. Panaderos expertos con historial familiar de exitosas panaderías en Puerto Rico, tanto en los Estados Unidos como en la Isla, vieron una oportunidad cuando encontraron una panadería y una tienda de sándwiches que estaba en venta en Deltona, Florida. Con determinación y pasión, las hermanas aprovecharon la oportunidad.

Su primer paso fue localizar alguna asistencia, que encontraron en el Florida SBDC en Daytona State College (FSBDC en DSC), un sub-centro del FSBDC en la Universidad de Florida Central (FSBDC en UCF), gracias a un referido por la Cámara de Comercio de Volusia. El programa FSBDC respondió rápidamente a su solicitud de consulta,  reuniéndose  Jim Deering,  Director del Sub-Centro con Rosa y Hernández, al día siguiente. Rápidamente evaluó sus necesidades y las conectó con  la consultora de FSBDC en DSC Margaret “Maggie” Incandela y la asistente de programa Tracy Martin.

“A pesar de la barrera del idioma y de que no entendemos muy bien el inglés”, recuerda Jasmarie Rosa, “Maggie y Tracy nos ayudaron a ir paso a paso y nos hicieron parte del proceso. Utilizamos la consultoría, talleres e investigación de mercado sin costo por parte del programa FSBDC. Nos ayudaron con todo: nuestro plan de negocios, previsiones financieras, licencias, permisos y más”.

Quizás el servicio de mayor valor para las hermanas fue la asistencia que el programa FSBDC brindó para obtener un préstamo bancario. El programa FSBDC presentó a Rosa y Hernández a prestamistas prospectos; les mostró cómo crear su paquete para préstamo; las guió a trabajar con su banco, incluso reuniéndose con analistas de préstamos para explicar la valoración de negocios requerida por el banco.

La asistencia del programa FSBDC hizo una diferencia. Las hermanas comenzaron el proceso de compra del negocio en Enero de 2019, cerraron exitosamente su préstamo en Abril, y abrieron El Coquí Bakery una semana antes de la Pascua, con una línea de clientes esperando en la puerta y a lo largo de la calle. Sus fantásticos y auténticos panes y productos puertorriqueños, incluyendo Pan de Agua, Pan Sobado, Pan Mallorca y fabulosos sándwiches, han ayudado a que El Coquí Bakery tenga un “muy buen comienzo”, según Brenda Hernández. Con planes para ampliar sus días de operación y agregar productos al menú, como el famoso sándwich puertorriqueño “Tripleta”, su futuro es brillante.

“El programa FSBDC hizo todo esto posible para nosotros”, concluyó Rosa. “Trabajamos duro. Trabajaron duro. Frente a todo el estrés, ellos fueron un apoyo y se aseguraron de que todo lo hiciéramos bien”. Al final, el programa FSBDC nos ayudó a tener éxito e hizo realidad nuestro sueño de abrir un negocio”.

####

Dreams Do Come True!

FSBDC at Daytona State College Helps Sisters Realize their Dream With Purchase of Deltona, FL-based EL Coqui Bakery Featuring Authentic Puerto Rican Breads, Baked Goods and Sandwiches

Orlando, FL –  Buying a small business is always a challenge. Agreeing on a fair price with the seller, negotiating terms, accessing financing and then opening your doors with an “Under New Management” sign are just a few of the obstacles that must be overcome. And, when you are also relocating from Puerto Rico, fluent in Spanish but not English, the level of difficulty is magnified.

Sisters Jasmarie Rosa and Brenda Rosa, both recent emigres to Florida following the destruction and devastation to Puerto Rico caused by Category 5 Hurricane Maria, were undeterred by the steep climb to business ownership in front of them. Expert bakers with a family history of owning successful Puerto Rican bakeries in both the US and on the Island, they saw an opportunity when they found a bakery and sandwich shop for sale in Deltona, FL. With determination and passion, the sisters jumped at the chance.

Their first step was to locate some assistance, which they found at the Florida Small Business Development Center at Daytona State College (FSBDC at DSC), a sub-center of the FSBDC at the University of Central Florida (FSBDC at UCF), thanks to a referral by the Volusia Chamber of Commerce. The FSBDC was quick to respond to their request for consulting, with Sub-Center Director Jim Deering meeting with Rosa and Hernandez the next day. He quickly assessed their needs and connected them with FSBDC at DSC consultant Margaret “Maggie” Incandela and Program Assistant Tracy Martin.

“Despite the language barrier and our not understanding English very well,” recalls Jasmarie Rosa, “Maggie and Tracy helped us go step-by-step and made us a part of the process. We used the FSBDC’s no-cost consulting, training and market research. They helped us with everything: our business plan, financial forecasts, licenses and permits and more.”

Perhaps the service of greatest value to the sisters was the assistance that the FSBDC provided in obtaining a bank loan. The FSBDC introduced the Rosa sisters to prospective lenders; showed them how to put together their loan package; guided them in working with their bank, even meeting with loan underwriters to explain the business valuation required by the bank.

The FSBDC’s assistance made a difference. The sisters started the process of buying the business in January 2019, successfully closed their loan in April and opened El Coqui Bakery the week before Easter, with a line of customers out the door and down the street. Their fantastic and authentic Puerto Rican breads and baked goods, including Pan de Agua, Pan Sobao, Pan de Queso, and fabulous sandwiches have helped El Coqui Bakery get off to a “very good start,” according to Brenda Rosa. With plans to expand their days of operation and add menu items, like the famous Puerto Rican “Tripleta” sandwich, their future is bright.

“The FSBDC made all of this possible for us,” concluded Rosa. “We worked hard. They worked hard. In the face of all the stress, they were reassuring and made sure we got it right. In the end, the FSBDC helped us be successful and made our dream of opening a business come true.”

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida SBDC at the University of Central Florida (FSBDC at UCF) is part of the UCF Office of Partnership & Innovation and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 10 service centers across Central Florida.

In 2017, the FSBDC at UCF served over 2,450 entrepreneurs in Central Florida with consulting services, resulting in more than 5,600 jobs created, retained or saved; $623 million in sales growth; $23 million in capital formation; $32 million in government contract awards; and 71 new businesses started.

About the Florida SBDC Network

For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2017, Florida SBDCs have provided professional business consulting to 11,750 client businesses, resulting in more than 28,800 jobs impacted; $3.2 billion in sales generated; $145.6 million in government contracts acquired; $135.4 million in capital accessed; and 335 new businesses started.

A statewide network of over 40 offices, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a 2016 recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com