Assisting Clients in the
Eastern San Gabriel Valley
909.448.1567
hosted by: University of La Verne SBDC

Meet Menchie’s – Received Initial Start-Up Loan with Help from the SBDC

Founder Danna Caldwell admits Menchie’s has been helped by the yogurt shop boom, but she believes her success really comes from solid business planning from the Small Business Development Center.

“We went in to find out the next step and we found out the next ten steps!   The SBDC really helped us get there, definitely.” Danna Caldwell, Menchie’s Frozen Yogurt, Co-Founder and President

CHALLENGES

  • Business Planning
  • Startup Funding

SOLUTIONS

  • Business Planning Assistance
  • Business Formation Training
  • Financial Statement Preparation and Loan Packaging Assistance

CLIENT IMPACT

  • Secured initial startup loan of $150k in 2007
  • Awarded #1 fastest growing food franchise in the United States in 2010
  • 350 current domestic and international locations

This entry was posted in Success Stories. Bookmark the permalink.