"With the help of SBDC business student interns and the other resources that the SBDC provided, I was able to see what my competition was doing, what the standard expectations of my industry are and where I need to be to have the competitive edge." - Cheryl Sment of Interstate Sealant & Concrete Inc.
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Success Stories Rapid Growth
Success Stories Rapid Growth
Nov
22
Sunday
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Competitive Edge
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Eye Opener
"The Business Plan Boot Camp was a real eye-opener in terms of letting you know that you can't just turn the key and go." - Roy Magsamen, RM Small Engine Repair, LLC -
Future Development
“Bud helped me get my financials into a pro forma that I could use to get financing for the capital equipment I needed for my business. He has been very influential as far as introducing me to potential customers and government entities." - Dr. William Hubbard founder of Cytophil, a medical device development and manufacturing company
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Results
"Our company is very pleased and excited with the results. It’s even more exciting to see an increase in our revenue stream. It couldn’t have come at a better time. For 20 years, I did not know about the SBDC. I want other Wisconsin businesses to know about and take advantage of this great resource.”
Gary Kuehneman, Director of Business Development for Schenck AccuRate
| Kinex Medical Company, LLC |
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Three years ago Kinex talked with UW-Whitewater Small Business Development Director Bud Gayhart. Gayhart provided Kinex with an analysis of their human resources functions and practices, which resulted in the company creating a dedicated human resources team, an improved employee handbook, and new-hire interviewing practices, all of which are in use today. Recent increases in distributorships and new product launches resulted in rapid growth and new challenges for Kinex. In 2008, Kinex doubled the 2007 sales and doubled new employee hires. Scott Noles, technology and education manager for Kinex said, “This 2008 growth explosion posed new challenges for our company, and we wanted to take a look at our current business practices and systems that report equipment utilization. Kinex is completely paperless, and we wanted to find out how our data collection and dissemination could be more efficiently managed throughout the company.” A three-part project and final report involved, first, interviewing internal staff to acquire a better understanding of how the current software and the customer relationship management tools were being used; second, defining Kinex’s Business Intelligence Department’s role and perception of the current system, and, third, proposing different software packages that contain similar features and improvements over Kinex’s current system. Dr. Paul Ambrose, University of Wisconsin-Whitewater information technology expert, collaborated with the SBDC for the final recommendations and report. “The information provided in this report is great, and our process improvement will be ongoing,” Noles said. “The report gave us the basic information we need to move ahead to improve our system. We would definitely use the SBDC-Whitewater services again.” Scott Noles |
University of Wisconsin-Whitewater Small Business Development Center
address: 1200 Hyland Hall, UW-Whitewater, Whitewater, Wisconsin 53190 phone: 262-472-3217 fax: 262-472-1600 email: ask-sbdc@uww.edu
Funded in part through a Cooperative Agreement with the U. S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs and services are extended to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact: Kaia Fowler, SBDC, 1200 Hyland Hall, UW-Whitewater, Whitewater WI 53190. An EEO/AA employer, the University of Wisconsin provides equal opportunities in employment and programming, including Title IX and ADA requirements.
Home Success Stories Rapid Growth
Success Stories Rapid Growth