Test consent message. Actual message TBD by SFU legal department.
The Small Business Development Center continued to achieve strong results in 2018. For the year, the SBDC met with 245 clients providing just under 3,100 hours of consulting. SBDC clients reported starting or purchasing 29 businesses as well as creating or retaining 111 jobs. Clients also received financing of over $6.5 million.
Here are some of the local businesses we've helped to get started on their journey to success:
Brianna Lee BakerNail Envy Salon265 Plank RoadSomerset, PA
Somerset CountyIndustry: Beauty Salon
Year Founded: 2018
SBDC Assistance: Business Planning, Projections, Financing Additional Partners: Somerset County Economic Development Council (SCEDC) Southern Alleghenies, Startup Alleghenies
Brianna Baker has been involved in the manicure and
pedicure industry for a number of years and realized that the Somerset area was
a perfect opportunity to open her nail salon and become the envy of the
area. Brianna’s passion has always been
to make people feel better about themselves.
When she figured out that she could do that by manicuring people’s hands
and feet she knew what she needed to do.
Brianna knew she had expertise in the manicure and pedicure arena but
fell short on starting her own salon.
She went to her local bank for a loan to start her business and they
indicated that she would need a business plan. She did not know where to
turn. Fortunately the bank referred her to the SBDC
the SBDC for assistance and we met with her to discuss what all would be
involved in opening her nail salon. She
had already researched the area and knew the location and what supplies,
equipment and inventory she would need to start the business, she was just not
sure what to do with the information.
The SBDC assisted her in completing her business
proposal and the projected financial statements based on her current
clientele. The center also discussed
potential resources for funding her project and the network of organizations to
assist her in the business.
With the business proposal in hand, Brianna approached the banks, friends and
family and was able to secure the necessary financing to start Nail Envy
Salon. The salon opened in July and her
passion and dream of making people feel better about themselves has become a
reality with the opening of Nail Envy Salon.
Brianna feels blessed that her local clients have followed her and
business has increased. She has
increased hours and added additional help.
Alecia ZimmermanMerchant Village, Inc.
1534 N Center AvenueSomerset, PA
Retail Vendor Mall
Year Founded: 2018
SBDC Assistance: Business
Proposal, Financing, Market Research
County Economic Development Council (SCEDC), Southern Alleghenies Start Up
Alecia Zimmerman wanted to provide a central location
where all the local products and talent would provide a showcase to tourists
and the local residents. Her vision was
to encourage local spending by having so many wonderful options in one
place. Her mission and vision were to
assist Somerset County in becoming a destination stop for tourists to spend
their money. To take advantage of this
opportunity to start a vendor’s mall she would need financing. Alecia approached the bank with the idea and
they told her she would need to provide a business proposal. Alecia had been involved with numerous
businesses and had worked on a business proposal but felt uncertain about how
to tackle this new venture. She had
knowledge of the SBDC centers and the services that they provide so she contacted
center met with her to discuss her idea and the best way to proceed. The SBDC consultant worked with her on
evaluating how much financing she would need to fund the project. The center also assisted in researching and
examining the overall feasibility of the business.
SBDC worked closely with Alecia on developing the business proposal and
identifying financing options. The SFU
SBDC also worked on the financial projections which addressed the overall needs
for the project along with arranging meetings with potential funding resources.
the business plan and the financial projections complete, Alecia approached the
bank and the Somerset County Economic Development Council for financing. The funding was secured and Ms. Zimmerman
secured the lease on the property and started all the necessary renovation to
October 2018, Merchant Village opened and secured the first vendors to the
facility. Merchant Village, Inc. is
operational providing space to Vendors/Crafter’s Mall/Farmer’s Market offering
space to a wide variety of local products.
This business model aims at providing a wide variety of benefits to all
areas of the community. Not only does it
create a few jobs for the employees of Merchant Village, but more than 400+
part time income opportunities for the vendors that rarely have to be present
states “the concept of Merchant Village simply works! No matter what type of vendor
mall it is, for the buyer, the convenience of having so many items, varieties
and vendors in the same place is just too good to pass up. And for the seller, being able to market
their products with such cost effectiveness and convenience also makes sense.” Since opening, she has already started to
expand the facility to compensate the demand for space for new vendors.
Bryn & Dan KellerWoodhaven B & B and Event Venue
749 Mill RoadSchellsburg, PA 15559
Industry: B & B/Event Center
SBDC Assistance: Business plan, financial analysis
State Bank, Business on Banking & Bedford County Chamber of Commerce
Bryn and Dan Keller have had their eye on
a property in Schellsburg that they felt was perfect for their vision. They feel with all the tourism activity in
Bedford County there is a market for a bed and breakfast as well as an event
The facility would have three rooms, all
with private baths as well as a barn venue that would enable the business to
host weddings, reunions, parties, etc. Alternative
event venues have been growing in popularity and the facility and property
offers many amenities to potential guests.
The Keller’s will be living on-site and be available to meet any guest
The location will offer a beautiful view
from the spacious wrap-around porch, access to a nearby stream, Colvin Covered
Bridge and Forbes Trail and proximity to Shawnee State Park. The barn venue will provide space for 150
guests and the B & B will provide facilities for the wedding party to get
ready for the big day. Guests will also
have the ability to choose from several local caterers to provide the food for
their event. Bryn has experience in
marketing as she was formerly the Bridal Reservations Coordinator and the
Catering Sales Manager for the Bedford Spring Resort. This gave her the knowledge and experience to
work with customers in planning their special events. Dan is the manager of the Village News in
Bedford and is experienced in all aspects of operating and managing a retail
The Keller’s contacted a friend of theirs
that was in business for help with their project. In turn, their friend referred them to the
SBDC for assistance in discussing their options and in completing their business
plan and projected financial statements.
The Center assisted the Keller’s in
completing the business plan, preparing the projected financial statements, and
completing the assumptions for the projections.
The goal was to demonstrate the background, experience, and knowledge of
the owners, as well as the ability to service the proposed debt. They put a great deal of work into the plan,
particularly the market.
The financing for the project was approved
by a local bank as well as the Business on Banking program. The project also included private financing
along with owner investment. The business
opened in July and the SBDC attended the grand opening and ribbon cutting that
was conducted by the Bedford Chamber of Commerce. The business is doing well and the
renovations have started on the event center.
They have seven weddings booked for 2019 and the B & B is booked
most weekends. The business has two
Dr. Wendy PehonskyAmerican Family Chiropractic
1705 N Juniata StreetHollidaysburg, PA 16648
Year Founded: 2002
SBDC Assistance: Business plan, proformas
County Development and First National Bank
Dr. Wendy Pehonsky has been operating
American Family Chiropractic in Hollidaysburg since 2002. Prior to starting the practice, she was referred
to the SBDC for assistance in preparing a business plan by her lender. She received an SBA 7a loan to get the
The practice has been operating from the
same location on Penn Street in Hollidaysburg.
She had been considering a move for the past few years, but could not
find a suitable location. She then
became aware that another local chiropractor was retiring and looking to sell
Wendy felt this would be a great location
for her practice. Plus she would own
this facility, which is what she has been looking to do for the past few
years. On top of this, the building
where she was leasing space was being sold and the new owner wanted her to
commit to a new lease and she did not want to do that. Wendy started to look at financing options
for the building and contacted her lender at First National Bank.
Her lender felt this would be a good
project to partner with the Altoona-Blair County Development Corporation. In turn, they referred her to the SBDC for
assistance in completing their business plan and projected financial
statements. Wendy was surprised to learn
that the SBDC consultant that she originally worked with when she started the
business was still working at the Center.
She said this made her feel better about working with the Center on the
project as the consultant was familiar with the practice.
The Center assisted Wendy in completing the
projected financial statements and assumptions for the projections. The SBDC used her historic financial
information to work with Wendy on the projections. Her projections were also compared to
industry averages through Bizminer. The
goal was to show the history of the practice, the benefits of the move to the
new building and the ability to service the proposed debt.
The financing for the project has been approved by
the bank as well as the Altoona-Blair County Development Corporation. The practice moved to the new facility in
2018 and she has seen an increase in patients.
Her existing patients are pleased with the move as there is more parking
and easier access. She has also gained
patients from the chiropractor who was operating from this location as they
were familiar with going there. The
practice has two full-time and two part-time employees.
= required field
Your email was sent successfully. Thank you for contacting me.
There was a problem sending your email. Try again later, or contact our webmaster.