Alden Miller Interiors, Inc
“Business consultants can be hit and miss, but the SBDC offered an advisor who specialized in my areas of interest and who presented an eye opening strategy for my longterm budget. What’s also been great is that we check in every month and that keeps me on track with my goals.”
An interior design services and furnishings company in Pacifica came to the SBDC for pandemic support and received assistance above and beyond its initial needs.
Challenge
Alden Miller Interiors Inc. is a successful interior design services and furnishing, woman-owned business in Pacifica, California. Alden Miller has been in business since 2012 and brought in $800,000 in gross revenue for 2019. When the pandemic hit, Alden came to the San Mateo SBDC with many questions about how she could keep her business intact.
Gameplan
At the San Mateo SBDC, advisor Paul Bozzo worked with Alden to bring her the latest news regarding the SBA disaster relief funding. He helped her put together her loan packages. Throughout the process, he also did a needs assessment and learned that Alden wanted to know how to expand and grow her profits. Although she had originally come to San Mateo SBDC for disaster relief, she received assistance above and beyond her initial needs
Results
Alden was awarded an Economic Injury Disaster Loan of $149,000 and $47,276 for the Paycheck Protection Program which helped her to stay in business. Meanwhile she’s poised to expand and grow thanks to a twelve-month marketing strategy she and her advisor put together which focuses on twelve-month cash flow projections and growing the business by referral.
