Local And Agile, Company Posting Impressive Growth with FSBDC at UCF Assistance
August 21, 2023
FOR IMMEDIATE RELEASE
Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or email@example.com
Michael Oppenheim, Consultant, FSBDC at UCF, 386.320.3133 or Michael.Oppenheim@ucf.edu
Orlando, FL – The wisest, and often the most successful, entrepreneurs are the ones who acknowledge and embrace the old adage, “You don’t know what you don’t know.” For Scott Heitz, founder and owner of Modern Sourcing Solutions, a two-year old industrial supply distributor in Volusia County, his journey began by “just being humble in wanting to gather as much information as I could,” he explains. It was at the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) that he found much of the market information he sought, as well as valuable no-cost consulting and support.
Modern Sourcing Solutions delivers industrial supplies to customers across greater Orlando, as well as the Daytona area up to Flagler County and as far south as Melbourne. The product list is expansive, including degreasers, cleaners, hand scrubs, gloves, rags, solvents, absorbents, adhesives and more – the types of chemicals and tools industrial customers use constantly. The company services many different industries including automotive, aviation, firearm manufacturers, government, machine shops, manufacturing, marine, and municipalities.
Besides having almost any product an industrial company might need, “customers have chosen to do business with MSS because we are able to move quickly,” Heitz shares. “We’re not a big conglomerate. We’re local. Decisions can be made fast, and we have the ability to add products or specialty items as they arise to meet our customers’ needs quickly.”
“My personal experience working with the FSBDC, and specifically with my consultant Michael Oppenheim, has been really smooth,” Heitz recalls. “I’m a first-time business owner and I didn’t know what I didn’t know. I knew what I wanted to do. I knew where I wanted to go but didn’t necessarily know how to get there. Having many conversations with Michael and being able to bounce ideas off of him and getting feedback from him has made all the difference for me. Michael is always available, always helpful, always understanding and, more importantly, he has great suggestions.”
“I’ve been working with the FSBDC for about a year and a half now,” continued Heitz. “We have grown quite a bit over that time, faster than I ever thought we would. We started out as one 1,000 sq. ft. warehouse with just one office manager. I now have a driver, an office manager, and three (3) 1,000 sq. ft. warehouses. We have grown 46% from Year One to Year Two and, so far this year, we’re up 37%. Things are going great!”
“If I had to pick one word to describe the FSBDC, it would be ‘good’,” concluded Heitz. “I haven’t had one bad experience with them yet. I’ve had a good relationship with Michael. He took the time to understand where I was coming from and my needs and my requirements and the directions I wanted to go in, and he was always eager to help. Our appreciation goes out to Michael as well as the SBDC team for everything he has done to assist us.”
For information about Modern Sourcing Solutions, please visit https://modernsourcingsolutions.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 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 2022, Florida SBDCs provided 157,841 hours of professional business consulting to more than 18,379 client businesses. Based on the results from the network’s latest economic impact analysis, the FSBDC’s services resulted in almost 29,000 jobs impacted; $4.8 billion in sales generated; $381.6 million in government contracts acquired; and $528.4 million in capital accessed.
A statewide network of over 40 offices, the Florida SBDC is funded in part by the U.S. Small Business Administration, U.S. 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 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.