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Small Business Interview By: Kyle Shapiro Nichols College Business & Society 9:25 Monday & Wednesday

Small business interview

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Page 1: Small business interview

Small Business InterviewBy: Kyle Shapiro

Nichols College

Business & Society

9:25 Monday & Wednesday

Page 2: Small business interview

Small Business Company Name: Greco Apparel Joe Greco- Owner Met this business owner because my mother works for him

Page 3: Small business interview

Company Description Sole Proprietorship- chose this because it was a family

business What They Do

- Manufacture clothes for the uniform industry. Have been in Business for 52 years

Page 4: Small business interview

Background Great grandfather was a custom tailor for men's clothing Joes father opened up Greco apparel with the knowledge

leaned from his father Started the business to provide better clothing and prices Joes training consists of a BBA from George Washington The company was a family business so already had a ton of

experience from growing up

Page 5: Small business interview

Success/Challenges Success

Steady clients Good vendors Friendly, Knowledgeable, and hard working staff

Challenges Companies buying less Bad economy Competition of outsourcing

Page 6: Small business interview

Most Challenging Part Keeping clients happy Providing them with on time delivery as well as exactly what

they asked for Doing all this also keeping the price competitive while also

keeping up the quality These challenges were overcome by bringing in more

business to make up for the loss

Page 7: Small business interview

Critical Success Factors Listening to clients Changing to fit there needs Communicating Providing everything from the initial meeting until the end

“Full Service”

Page 8: Small business interview

Fatal Flaws Customer Loyalty Price Driven Companies constantly changing there minds

Page 9: Small business interview

Future Expand the company More production in the US. Tap into other markets besides just uniforms Diversifying the Products

Page 10: Small business interview

Interesting Questions What did you learn in Business school to help you with

clothing? Does the clothing industry open up any other doors? If you could start over would you be doing the same thing?

Page 11: Small business interview

Advice A little advice for the class

Always stay ahead with your work Read everything including potential deals and services Be willing to take risks

Page 12: Small business interview

Summary I learned that takes a lot of dedication and time to run you

own business. But in the end of the day if your happy doing what you want your in the right place.