Success Stories


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Wood Marine

"We needed help with our business plan and industry information. Assistance from the LSBDC was very helpful in the planning and development of each stage of our business"

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Jodi and Jody Wood started to explore the market potential for a recreational boat sales and service business in the Ruston area about a year ago. Jodi, has a bachelor’s degree in business administration and eight years of sales experience. His wife, Jody, has a bachelor’s degree in interior design and eight years of business experience. Together, they began researching the possibility of starting their own business of selling and repairing boats.   The Woods visited the LSBDC at University of Louisiana Monroe to discuss their idea and get assistance with a business plan. Virendra Chhikara, LSBDC Business Consultant, helped the Woods with financial projections and a market analysis. With a business plan in hand, the couple started Wood Marine in Ruston on January 17, 2011.   Wood Marine supplies a full line of LOWE boats and accessories, and services all makes and models of boats. Since inception, sales receipts for the business have matched the couple’s projections. The Woods see growth potential in their area and plan to use this as an opportunity to increase sales and capture a greater portion of the market they serve.   “We needed help with our business plan and industry information. It [assistance from the LSBDC at ULM] was very helpful in the planning and development of each stage of our business,” said Jody Wood.

 

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Theadora A. Estis Real Estate & Business Services

"The one-on-one assistance I received from the LSBDC at ULM was tailored to meet the needs of my business. They helped me develop a through business plan complete with financial projections all at no cost"

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Theadora Estis contacted the Louisiana Small Business Development Center at University of Louisiana Monroe with a dream of starting a new and unique business to “umbrella” a variety of business services. She wanted to develop the idea of combining real estate brokerage services, notary services, and grant writing workshops into one business. These combined services are based on her 20 plus years of experience in real estate, over five years in grant writing, and her experience as a notary.    Virendra Chhikara, LSBDC Business Consultant, assisted Estis with a business plan and financial projections for this new venture. With the business plan and financial projections in hand, Estis was able to secure a bank loan to start her real estate and business services venture. Estis also received a grant from the Economic Development Program to partially fund her startup.   Theadora A. Estis Real Estate & Business Services, located on 1612 Garrett Rd. in Monroe, LA, currently has five employees. Together, they are an experienced team of real estate brokers eager to build the community one client at a time.   Estis commented on her experience saying, “The one-on-one assistance I received from the LSBDC at ULM was tailored to meet the needs of my business. They helped me develop a through business plan complete with financial projections all at no cost.”

 

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Rayville Family Clinic

LSBDC assistance helped the Sylvestris achieve their life-long dream of owning and operating a family clinic and create 19 jobs in Northeast Louisiana.

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On March 29, 2010, Terri and Joe Sylvestri achieved their life-long dream when they opened Rayville Family Clinic. The Sylvestris always wanted to start a medical clinic where they could provide better quality healthcare at a low cost to the people of Northeast Louisiana. Terri, a nurse practioner, has over twenty-one years experience in nursing. Her husband, Joe, has twenty-two years of experience in other related healthcare fields. The couple decided to combine their experience in medicine and set out to find ways to open a health clinic.   Recognizing their lack of business expertise, the couple contacted the LSBDC at University of Louisiana at Monroe for assistance with a business plan to start their health clinic. The Sylvestris had already acquired a facility but needed financing to furnish the building and purchase necessary supplies and equipment. They went to the center with a dream of owning and operating a medical clinic and needed help to convert that dream into a reality. They wanted to offer healthcare to clients of all ages. The clinic currently provides services to Medicare, Medicaid, commercial insurance and private pay clients. The clinic also offers KidMed and vaccines for children.   The LSBDC at UL Monroe helped the Sylvestris write a business plan, developed a budget, and complete an SBA loan application. The center also helped them complete a three-year financial projection for the business. With LSBDC assistance, the Sylvestris were able to secure an SBA 7(a) loan and create 19 jobs in Northeast Louisiana.  

 

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Stubbs Hall, Room 208
700 University Avenue
Monroe, LA 71209
Phone: 318-342-1224
Email: lsbdc.ulm@lsbdc.org

M - Th 7:30 am to 5:00 pm
F 7:30 am to 11:30 am

 

 

 

Parishes Served:
Caldwell, Catahoula, Concordia, East Carroll, Franklin, Jackson, LaSalle, Lincoln, Madison, Morehouse, Ouachita, Richland, Tensas, Union, and West Carroll





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The Louisiana Small Business Development Center Network, hosted by Louisiana Delta Community College, is a member of the National Association of Small Business Development Centers and funded in part through a cooperative agreement with the U.S. Small Business Administration, Louisiana Economic Development and participating universities. All SBA programs are extended to the public on a nondiscriminatory basis. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. Reasonable accommodations for persons with disabilities and/or limited English proficiency will be made if requested at least two weeks in advance.
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