New York SBDC Research Network

Each year the New York Small Business Development Center recognizes outstanding small businesses in a variety of ways.  This Success Story from the  Bronx SBDC  appears in our  2015 Annual Report .  Franklin J. Fabre Alba Business Solutions Bronx SBDC Alba Business Solutions, named for Franklin Fabre’s wife Alba, has provided clients with expert tax services for more than 10 years. Franklin J. Fabre was born in the Dominican Republic and immigrated to New York in 1988 at the age of 16. He graduated from Lehman College in 2004 with a degree in Computer Information Systems, and in 2008 completed an MBA in management of technology from the New Jersey Institute of Technology. After graduating from Lehman, Franklin decided to open his own financial services business. At the beginning, the business focused more on services used mostly by the immigrant community, such as money transfer, international calling cards, and bill payments, but eventually the business prioritized income

Each year the New York Small Business Development Center recognizes outstanding small businesses in a variety of ways.  This Success Story from the  Brockport SBDC  appears in our  2015 Annual Report .  Ed Mott & Asa Mott ButaPub Brockport SBDC The father and son team of Ed and Asa Mott came to the SBDC with the dream of opening a restaurant. Ed, a retired contractor, and Asa, an executive chef at several of the Rochester areas finest dining venues, found what they believed would be the perfect location. The restaurant housed a dining room, a theater, and private banquet room under one roof, and was located in the heart of the city’s newest up and coming South Wedge neighborhood. Finally after months of deadlines, reconfiguring financials and planning with Advisor Jim Soufleris at the Brockport SBDC, the place was theirs. Ed and Asa were able to obtain a $260,000 SBA 7a loan to purchase the business. They also made a $120,000 personal investment to get the business off

Each year the New York Small Business Development Center recognizes outstanding small businesses in a variety of ways.  This Success Story from the  Binghamton SBDC  appears in our  2015 Annual Report .    Susan Gahagan & David Currie   The Insulation Man   Binghamton SBDC When her boss at The Insulation Man told Susan Gahagan that he was going to retire and sell the business, she resisted the urge to panic and instead began to envision herself as the owner of the company that had employed her for 20 years. As Office Manager, Susan knew every one of the hard-working employees and had seen the business grow exponentially over the years. Susan shared her entrepreneurial thoughts with co-worker David Currie and they decided to buy the business.  Susan and David knew that they could continue to provide residential spray foam insulation services. They also saw potential increased revenues and capacity if they expanded the business by selling to commercial custo

Each year the New York Small Business Development Center recognizes outstanding small businesses in a variety of ways.  This Success Story from the Midtown Manhattan SBDC   appears in our  2015 Annual Report .  John Shams Scorpion Fitness Midtown Manhattan SBDC  John Shams is a strength-and-conditioning coach and personal trainer. He has worked with New York's elite and is on the list of Gotham's annual 100 most successful bachelors list. In other words, John's expertise in the fitness arena has been well documented and he is not new to the fitness game. With the fast growing trend of boutique gyms in New York, which includes the likes of Soul Cycle and Barry's Bootcamp John saw there was an opportunity to provide a service that was not being offered by most boutiques. He found that the most successful boutiques offered a great experience but there was minimal focus on what really matters - results. With a wealth of expertise unmatched b

Each year the New York Small Business Development Center recognizes outstanding small businesses in a variety of ways.  This Success Story from the  North Country SBDC  appears in our  2015 Annual Report .  Leonardo Lopes-Gomes Lake Champlain Physical Therapy North Country SBDC Lake Champlain Physical Therapy is a new clinic in Crown Point owned and operated by Leonardo Lopes-Gomes, a board-certified physical therapist. When working at a local hospital, Leo noticed that patients were willing to wait two to three weeks to schedule an appointment with him, and was inspired to start his own successful practice. After eight years at the hospital, Leo took the plunge and decided to start his own business. Lake Champlain Physical Therapy offers outpatient physical therapy treatments. Leo may expand the practice in the future to include other therapies and wellness services such as massage therapy, acupuncture, fitness classes and wellness programs.  Due to limited collateral, t