Kings Service Solutions: Proving a Good Company Makes Profit; A Great Company Makes a Difference

May 6, 2024

FOR IMMEDIATE RELEASE

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

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

Orlando, FL – No small business or entrepreneurial venture is guaranteed success. The obstacles and challenges are innumerable, and the dedication and work required is not to be underestimated. What can make a success story truly remarkable, however, is ‘how’ it was achieved. There is evidence, in fact, that the most profitable companies in America are the ones who connect what they do with a greater good. There’s also a saying that applies: “A good company makes a profit; a great company makes a difference.”

For Yanet Herrero, the Chief Servant Officer of Kings Service Solutions, the company’s achievements are all about the ‘how’. By focusing herself and her organization on meaningfully serving others including customers, employees, partners, and the community, Herrero has built a trust-based commercial cleaning powerhouse headquartered in Orlando, Fl. Working with her and her team, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is proud to have contributed to their success.

“Our product is trust,” shared Herrero, “and our core values are our DNA. “We start with Integrity – we do the right thing even when no one is looking. We prize our Consistency – in our processes, our people, and our performance. Harmony is central to us – we do things with joy, as a unit, as one team. We embody the spirit of Excellence and constantly strive to deliver nothing less. And last, but not least, we live in Gratitude. We’re grateful for the opportunity to serve others, to create new jobs, to be part of the economic development conversation and positively impact our community.”

Kings Service Solutions began working with the Florida SBDC at UCF and its Procurement Technical Assistance Center (PTAC) government contracting affiliate, now called Florida APEX Accelerator at UCF, in 2010. At the time, the company had a staff of 6 full time and 37 part time employees and leased a 1,700 sq. ft. office. With the help of the FSBDC’s no-cost consulting services and its Advisory Board Council program, over time they established an effective organizational structure and refined their systems, resulting in enhanced financial management, Human Resources policies, quality control, and risk management – all driving the company’s growth.

The company utilized Florida APEX services to assist in connecting with key government agencies and prime contractors, leading them to secure contracts with Lockheed Martin, Walt Disney World, and others. Having an established foundation, Kings Service Solutions recently accessed significant capital infusions including a PPP Loan and its forgiveness during Covid, an Employee Retention Tax Credit, and a Small Business Administration 504 loan to purchase their new 13,000 sq. ft. headquarters. Today, along with that new headquarters, Kings Service Solutions has over 700 employees, revenues in the many millions, and ever-increasing profits.

“My experience with the FSBDC has been an incredible journey,” Herrero affirms. “I remember walking into their offices shaking, wondering whether or not our organization would be good enough to apply to receive their amazing resources and be selected for such support. I also remember being reassured immediately and was convinced that this is the right place if you want to see your organization grow, if you want to develop new strategies, if you want the best of the best, the experts to guide you. It was with that level of intentionality that we have become who we are today and we are just so grateful for that. One of our greatest responsibilities is understanding what is our impact and influence in our community, and the FSBDC helped us realize that.”

Not surprisingly given Herrero’s and her company’s commitment to serving her community – whether by annually sponsoring and partnering with a nonprofit, or enabling broad-based employee volunteering activities; its company culture of helping and serving; and its outstanding business results – Yanet Herrero has received national recognition from multiple organizations. This year, the Florida SBDC at UCF nominated her for the most prestigious state small business award possible: the 2024 SBA State of Florida Small Business Person of the Year – and she won! It is a well-deserved reward for defining success as being about serving others, making Kings Service Solutions’ accomplishments, and ‘how’ they were and are achieved, even more laudable and extraordinary.

For information about Kings Service Solutions, please visit https://kingsservicesolutions.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 part of UCF’s Office of the President 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 9 service centers across Central Florida.

In 2022, the FSBDC at UCF served more than 2,700 entrepreneurs in Central Florida with consulting services, resulting in more than 10,600 jobs created, retained or saved; $793.9 million in sales growth; $66.7 million in capital formation; $103.8 million in government contract awards; and 160 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 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 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, 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 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.

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