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Feburary 2008 |
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Client Name: |
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Ann Marie Payne |
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Company: |
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Mystic Floral |
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Type of Business: |
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Florist & Floral Accessories |
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SBDC Assistance:
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Business Planning &
Cashflow Projections |
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Results: |
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Business Opened |
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Ann Marie Payne first contacted our office in July, 2006
seeking help with a business start-up.
As a graduate of Texas A&M's floral certification program,
Mrs. Payne wanted to open a flower shop in Wichita Falls.
Shortly thereafter, Mrs. Payne's package was ready to be
presented to her banker.
On October 21, 2006 Ann Marie celebrated the grand opening
of her new store - Mystic Floral.
Recently, Mrs. Payne expanded her business. Mystic Floral is
a well recognized and highly sought-after flower shop in the
Wichita Falls area that is open 7 days a week.
The SBDC office assisted Mrs. Payne with a business plan,
cash flow projections, obtaining a cash injection,
marketing, and bookkeeping. Mystic Floral has 1 full-time
and 4 part-time employees.
Tip from Anne Marie: Bunch a few cinnamon sticks with
a couple of stems of cattails, wheat or rye and tie with a
piece of raffia. Place on the pillow or nightstand in the
guest bedroom or on the vanity in the guest bath. |

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Feburary 2007 |
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Client Name: |
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Roy Davoult |
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Company: |
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Cells-U-More |
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Type of Business: |
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Cellular Phone Accessories
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SBDC Assistance:
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Business Planning |
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Results: |
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Business Expansion |
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Employees Hired: |
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44 Full-time 10 Part-time |
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Roy Davoult became a client of the MSU SBDC in 1999. He was working
full‑time but the American dream of owning his own business was nagging at
him. Roy consulted with the SBDC about several variations of his idea before
he and the SBDC staff determined "this one is it". He opened Cells‑U‑More in
June, 2000. Roy has faced all of the typical challenges of starting a small
business ‑ creating and managing growth, managing employees, dealing with
fiscal responsibilities, etc. Roy has overcome, even dodged, some the
typical start‑up and operational issues by seeking advice from other
business owners, his loan officer and the MSU SBDC. Of course, a few lessons
have been learned the hard way. Spotting talent and thinking outside of the
box are only two of Roy's many attributes. He has a keen sense of timing in
the marketplace. He is able to foresee trends in order to perfectly position
his company for the next 12 to 18 months. Knowing that the best
advertisement is a customer referral, excellent customer service is also a
Cells‑U‑More specialty. June 2006, Roy was named Runner‑up for SBA Small
Business Person of the year in the Dallas District. At the 2006 ASBDC
National Conference he was also recognized a "SBDC Success Story from Across
the United States" by Bank of America. "Without the MSU SBDC I would never
have been able to get my business started. I return every year for an annual
analysis. Being able to call and to get advice at any time has been
unbelievable. The MSU SBDC is like having a business partner and that is a
great thing."

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