Barb Bryant worked at the Hatfield Market in Richland, IN a few hours each week after she finished her shift as the Director of Food Services in a nursing home. The nursing home was a fulltime job, but her heart was really in her work at the Market. After careful thought, Barb decided that she wanted to buy the place that had stolen her heart.
Barb quickly learned that there was a lot involved in buying a business, so she and her new business partner, Bonnie sought help from the Southwest Indiana SBDC. The SBDC Business Advisors walked Bonnie and Barb through the process of assessing the company’s value, preparing cash flow statements for their meeting with loan officers, etc. After a few bumps in the road, Bonnie and Barb will join the ranks of small business owners in February 2008!
When asked about her new role, Barb stated, “I enjoy working with the community and the people in it. Creating lifelong relationships as well as giving back to the community is very important and purchasing this market will do just that.”
“We couldn’t have done this without you (SBDC)” Barb and Bonnie expressed at the end of the process. “You (the SBDC) have been great!”