unleashing
national impact
igniting local
transformation
The client needed assistance in developing a strategy that would enable her to expand upon her capacity to produce more product. The client also needed assistance in approving her financial reporting to better understand the drivers of her profitability. The client also needed assistance in developing Marketing Strategies.
"The DCSBDC has helped me prioritize and hone in on the right strategies to help scale my business."
To address the client's needs, DCSBDC provided tailored support to enhance her business operations. This included helping the client develop a strategic plan to expand production capacity, implementing financial reporting improvements to gain deeper insights into profitability drivers.
Through these focused solutions, the client was equipped with the tools and knowledge to scale her business effectively and sustainably. She also was able to create targeted marketing strategies to reach new audiences and grow her brand.
The client was not able to produce reliable financial statements because the client did not have a functioning Financial Management System and did not understand accounting principles.
"Thanks to the help of DCSBDC, I have successfully set up a functioning bookkeeping system and have begun to understand aspects of business management that seemed too confusing to begin to learn. Walter Swindell has been a supportive and patient presence as I have navigated the LONG process of correcting past oversights and steering my business towards profitability and positive impact. Thank you Walter and DCSBDC!"
DCSBDC addressed the client's lack of a functional financial management system by assisting the client's transition to QuickBooks, enabling streamlined and accurate financial tracking. Additionally, the counselor worked with the client to create an inventory management system to help the client achieve operational efficiency and provide better oversight of stock levels, setting a strong foundation for sustainable growth and informed decision-making moving forward.
With DCSBDC's guidance, the client successfully transitioned to QuickBooks, gaining streamlined and accurate financial tracking capabilities. The implementation of an inventory management system further enhanced operational efficiency and provided better control over stock levels. These improvements have empowered the client to make informed decisions, optimize processes, and establish a solid foundation for sustainable business growth.
The clients came to the DCSBDC as a start up business. They needed assistance in creating a Business Plan and Financial Forecast. The client also needed guidance on creating a Pitch Deck for a Howard Small Business competition.
"Over the past year, we have been fortunate to have an incredible mentor who has helped us transform our idea into a fully-fledged business. With the support of the DCSBDC, we were equipped with tools that structured our business, helped us create concrete plans, and organized us in ways we never thought possible. The guidance we received enabled us to win the 5th Annual Howard University — Empower Pitch Competition and expand our reach to more students at Howard University.
Now that we have officially launched and achieved over 500 downloads, we realize how much more work lies ahead. We are incredibly thankful that, with Mr. Swindell's mentorship, all our needs and questions can be addressed, ensuring we continue to grow and improve. His advice and unwavering support have been invaluable, and we are deeply grateful for his guidance."
DCSBDC supported the client in creating a comprehensive Business Plan and Financial Forecast using LivePlan. Additionally, the team provided expert guidance in developing a compelling pitch deck, which played a key role in the client's success at the 5th Annual Howard University Empower Pitch Competition.
With expert guidance, they developed structured plans, implemented organizational strategies, and built a solid foundation for growth. This support not only enabled them to win the 5th Annual Howard University Empower Pitch Competition but also facilitated their successful launch, achieving over 500 downloads and expanding their reach to the Howard University community.