Small business in Coos County gets back on track with help from SBDC
COOS BAY, Ore. -- In Oregon, small businesses are the backbone of the economy, and some small businesses on the south coast are finding success.
On the heels of a recession and economic slowdown, many small businesses have struggled to be successful, but now things are turning around.
"Back in 2007-2008, what we were hearing was, ‘I don't have enough money; I don't have cashflow; what am I going to do,’" said Arlene Soto with Small Business Development Center.
That's the predicament Terry and Mike Brown found themselves in when they bought Phil's Lock & Key in 2006, but then the economy went south.
"Our business took a hard hit and we've been slowly struggling back after that, but I just really felt it was time to start growing the business," said co-owner Terry Brown, who took classes at the SWOCC Small Business Development Center that gave her the tools and resources to propel her business forward.
"It's been phenomenal building my self-confidence, which I can then pour into my business and make some of those changes that need to happen so that we can have that growth.”
Now, Phil's Lock & Key has a website, a Facebook page, and will soon launch a marketing campaign.
Others say they’ve also found help at the center.
"Over the last year, we've actually seen more businesses who are talking about expanding and growing their businesses and they're looking for working capital,” said Soto, “they're looking for the best way to grow."
The center provides help for businesses of any size.