Chester and Delaware County SCORE – a nonprofit comprised of volunteers who provide free professional business counseling to entrepreneurs, small businesses, and nonprofits in Chester and Delaware counties – will host its seventh annual Small Business Achievement Awards Luncheon on Thursday at the Concord Country Club.
Downingtown’s Brandywine Consignment Shop, a well-established business for more than 20 years, is one of five winners of SCORE’s Small Business Achievement Award.
Having found that its inability to accommodate large items like furniture was limiting its sources of revenue, the shop sought help from Chester and Delaware County SCORE to explore options for a possible expansion.
In November 2011, Dana Heiman of the shop’s parent company, the Brandywine Health Foundation, joined SCORE mentors James Friedman and Charles Espenlaub to explore and answer a set of feasibility questions.
After several SCORE mentoring sessions, it was determined that the shop’s current location was already ideally located for the community it serves. Therefore, rather than moving to a different location, it was best to expand the current location.
With concern for the nine-month renovation’s impact on volunteers, customers, clients, and donors, Nancy Oliver, the long-time manager of the shop, held monthly meetings with the staff to keep them involved in the project.
The store eventually re-opened and the impact on revenue and profits was felt immediately. Revenue has grown steadily and profits are 70 percent higher.
In addition to the Brandywine Consignment Shop, the four other winners of SCORE’s Small Business Achievement Award are:
- VISTA Today – Exton
- The Bacon Jams – West Chester
- Elite Puréed Meals – Newtown Square
- SubstiToothFairy – Brookhaven
The award winners have all benefited from SCORE’s counseling and mentoring services and, as a result, have enjoyed substantial growth and continued success.
“Small businesses are the lifeblood of our economy, and these recipients exemplify the success that can be achieved through creativity, planning, and determination,” said John Lippman, Co-Chairman of Chester and Delaware County SCORE. “On behalf of all of our volunteers, we at SCORE are proud to be a part of their success.”
Click here to learn more about SCORE.