Success Stories

Success Story: Iowa –

At the end of 2018, Becca Feauto and Stacie Anderson purchased Siouxland Magazine. They saw this as an opportunity to reach out to the community and start real, meaningful conversations. This makes them unique from other businesses in the area. They get together with a diverse group of community members bimonthly to discuss issues that are going on. This allows for there to be a difference of opinions and beliefs. “We are bringing people together, replacing judgement with understanding. Perspective is powerful.”

Becca and Stacie believe that in order to start your own business you need to be very passionate about what you are doing. They were surprised at what it takes to run and start a business —  the amazing journey it is. With the whole purpose of the magazine being to connect people through meaningful conversations, they decided to appropriately name their publishing company Empowering Conversations, LLC.

The most challenging part of their business is the financial factor. They want to stay ahead of the game and rack up as little debt as possible. This is leading them to invest more into their business in order to get the best out of the magazine. (more…)

Vermont Success Story, by Amanda Kuhnert –

In December of 2018, after five years in business, Kelly and Ricky Klein of Groennfell Meadery announced they would be closing their popular tasting room and restaurant in Colchester. “There is no question that this was the hardest decision we had to make about growing,” they wrote in a blog post on the company’s website. They had developed a loyal clientele and would miss the regulars who came in for weekly events and conversation.

But closing their Colchester location was a critical step in the company’s growth process. In July, 2019, Groenfell Meadery moved into a new facility in St. Albans. The larger space has enabled the Kleins to triple their brewing capacity. Their mead is now available in cans and on draft throughout New England.

Jumping the Curve

The Kleins first reached out to the Vermont Small Business Development (VtSBDC) in January, 2013, on a referral from VPTAC. They were seeking resources and advising on growing their business in the areas of marketing, pricing, and access to additional capital in the future. Over the years, the Kleins have taken advantage of the business resources and mentoring services available through VtSBDC. (more…)

Success Story, Idaho –

A decision to pursue a new adventure turned in to a family business

In 2014, Beto Arteaga gave up his job at an electric motor shop, where he had worked as a teenager. The idea was to start his own business; so he approached his Father. His Father, Norberto, was not excited about the idea, due to his growing real estate business, but Beto was persistent.

Together they started to research the possibility with help from the SBDC. They found an electric motor repair shop that was for sale, and they bought all the equipment and tools necessary to start the business. They then found a building to rent, and AC Electric Motor Service was established.

Norberto came to the SBDC because his family knew SBDC Regional Director Bryan Matsuoka. Matsuoka helped the Arteagas with their business plan and educated them about financing. After following their consultant’s advice, they purchased the building they were renting, and they accomplished their two-year goal in six months. (more…)

West Virginia Success Story –

Morgantown was Josh Bennett’s home while he attended West Virginia University in 2006, but the distance between the college town and the farm he grew up on in Highland County, Virginia stretched further than the 150 miles of country roads separating the two locations. As far as Bennett was concerned, city living and farm life were a world apart.

Bennett had a genuine passion for agriculture and couldn’t wait to get back to his roots once he finished studying horticulture at WVU.

“All I knew was that when I got out of college, I wanted work with agricultural products,” he said. “I wanted the agrarian lifestyle.”

Bennett only needed to find a way to make it all work.

From passion to business (more…)

Vermont Success Story, by Amanda Kuhnert

“They are honest, capable, and efficient, and it’s good to know there’s a local auto shop with friendly people I can trust to do a good job with my car.” This is just one of nearly 700 five-star customer reviews that say, in one way or another, the same thing. Don’s Auto Service is known for its friendly service, honest work, and fair rates.

The auto shop has been a staple in Derby, Vermont since 1979. Unlike many second-generation businesses, its reputation hasn’t suffered with the passing of the baton. After his father, Don, passed away in 2001, Scott Keenan became part-owner of Don’s Auto Service with his mother, Cheryl. Scott’s wife, Deanna, and daughter, Ashley, also work at the shop.

After becoming a partner in the business, Scott realized that they had outgrown their existing space. He identified a larger building for sale that would fit their needs. But to secure financing for the purchase, he needed to prepare a business plan and financial projections. That’s when he reached out to the Vermont Small Business Development Center (VtSBDC). (more…)