Client’s first contact the Texas State SBDC was on June 16, 2009 with Certified Business Advisor Ray Mason. Kevin Picco is a retired military veteran with a service connected disability. Client had completed an in-depth search of possible franchise opportunities and had mostly decided on a Batteries Plus retail outlet.
Kevin had a considerable amount of work experiences in the area of business management and retail sales through previous employment. In addition, he already had several conversations with a representative of Batteries Plus and had contacted the Veterans Administration about possible benefits. In fact it was the VA that recommended Kevin contact the SBDC.
Kevin Picco and his wife Penny were seeking assistance with a business plan, marketing and financials to become eligible to apply for a Patriot Express loan. Counselor requested appropriate research from SBDCNet to assist in completing a business plan, also requested demographic data for the two locations being targeted.
On July 6, 2009 Kevin and counselor reviewed the first draft of the business plan. During this same time period Kevin Picco a preliminary appointment with Randolph Brooks Federal Credit Union to discuss his plans. Client then proceeded to complete his business plan and made his final location decision. Soon after, client submitted a loan application to Randolph Brooks for a Patriot Express loan in the Amount of $300,000.
Kevin Picco was notified in early October that the Patriot Express loan for $300,000 was approved by Randolph Brooks and the Small Business Administration. Client held the grand opening of Batteries Plus on December 14, 2009 located at 9001 Brodie Lane in south Austin.
Since the grand opening Kevin Picco has been listed on the states Central master Bidders List, has become a GSA schedule provider and is recognized as a Service Disabled Veteran Owned Business.