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Growth-Stage Business

Posted on January 6, 2013 by Admin

A business that is typically at or near breakeven in terms of operating expense to revenue and is poised to grow quickly.

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Small Business Loan is Most Recent Help for Gallup Family Business

Robert Slover leaned on the WESST Farmington Women’s Business Center for extensive one-on-one consultation sessions in the early days of his cell phone repair business. Cell Phone Doctor sells new and factory-refurbished phones, including iPhone, Samsung, LG, Motorola, and Android, and it services all brands of cell phones and tablets. The business also sells PlayStation and Xbox gaming systems and can network unlock phones. When the Gallup business was ready to expand, Stover turned to WESST again, this time for a small business loan.

Slover’s relationship with WESST initially focused on cash flow and financial planning. Soon after, Slover worked with consultant and trainer Holly Patterson to understand how to use digital marketing tools to improve his social media postings. Help with marketing strategies aimed at growing his target markets was next.

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