Success Story…Archery Traditions of Oklahoma
Business Description: Recreational and educational services in traditional archery including archery indoor range, retail store, and educational classes.
Problem Identification: The client followed up from the tax classes to make sure the business was started correctly according to state law, as well as needing some assistance in the business plan and loan preparation.
Assistance Provided: The SBDC assisted in business strategy and financial projections, through one-on-one consulting, and mentoring– encouraging him to be the successful business owner.
Results Achieved: The client attained $75,000 from investors and a $30,000 SBA working capital loan for inventory. Within a year, Ken and his family began operating a large flexible indoor archery range, which includes a 3D target section.
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