ADVANCED AESTHETICS OF ARKANSAS, INC.
Chotsie Adney, owner of Advanced Aesthetics in Little Rock, welcomes clients to a new concept in health & beauty. Under the guidance of plastic surgeons certified by the American Board of Plastic Surgery, Adney and her team incorporate the most advanced skin care, cosmetic products, and skin and laser treatments into their services. A primary emphasis is put on client education and the integrity of their products and services. As a member of the Society of Plastic Surgical Skin Care Specialists, the company is held to the highest standards of care in the industry.
Adney received her Aestheticians License in Oklahoma City in 1985. After practicing in Oklahoma City and Boston, she returned to Little Rock in 1989 where she practiced in various salons and also with the Chief of Plastic Surgery at the University of Arkansas for Medical Sciences (UAMS). Seeing the advantage of using medical aesthetics to enhance healing and recovery, they created a formal partnership to use their collective expertise. They also became members of Arkansas Plastic Surgery (APS). In 2005 Adney purchased the aesthetics business from Arkansas Plastic Surgery. In 2010, she received an SBA guaranteed loan funded through Arkansas Capital Corporation. She used the proceeds to expand her working space and purchase additional equipment, furniture, and fixtures. After the loan, the company was able to double the number of employees and revenues grew by 122%.
Adney is a charter member of the Society of Plastic Surgical Skin Care Specialists, an organization created by and affiliated with the American Society of Plastic Surgeons. Through her business, she supports a number of charities and foundations including the Baptist Health Foundation, the First United Methodist Church of Little Rock, Arkansas Children’s Hospital Auxiliary, Habitat for Humanity, the Junior League of Little Rock, and the Miracle League of Arkansas.
Power Technology of Little Rock, Arkansas is an experienced exporter in the high-tech laser industry. When searching for ways to further increase their exports they found assistance from the State Trade and Export Promotion (STEP) program. Through this opportunity Power Technology found ways to expand into their highest growth global market.
Founded in 1969 by Thomas Burgess, just nine years after the invention of the laser, Power Technology is one of the oldest laser manufacturers in the industry. The company, now managed by Burgess’ twin sons Walter and William, exported to 30 countries in 2012 and more than 40 countries in the last decade. When William heard about the STEP Program he saw an opportunity to expand and strengthen Power Technology’s Asian market.
“Lasers are a global product. Asia represents the highest export growth opportunity for the future,” says William Burgess. “Asia is a critical part of our ongoing growth strategy. The STEP program allowed us to address this growing market in ways that would have not been possible otherwise.”
The $576,404 STEP program grant was awarded to World Trade Center Arkansas from the U.S. Small Business Administration last year. The program is designed to help Arkansas-based small businesses increase exports over a 12 month period. This was part of a $30 million program in accordance with the National Export Initiative which seeks to double U.S. exports in five years.
Recently Power Technology participated in Trade Winds Asia, a U.S. Department of Commerce led multi-sector trade mission to Asia. The STEP grant helped offset the fees associated with the trade mission, allowing small businesses to grow exports. The mission was led by the U.S. Department of Commerce and targeted Indonesia, Singapore, Malaysia, Vietnam and Thailand.
“I provided the Department of Commerce information on the types of companies I wanted to meet with and they went out and found those types of companies,” William said. “I had 15 face-to-face meetings during my two-week trip. I would not have been able to find the contacts they found. I also had the opportunity to meet with my distributors in the area, which further strengthened our existing relationships in Asia.” He expects 60 % of the meetings from the mission to turn into future business relationships.
Power Technology has a long history of keeping jobs in America; they employ over 50 people at their headquarters in Little Rock, Arkansas. “All of our products are made in the U.S. We believe in American manufacturing” says William. “Many of the products in our industry are imported, so we believe it is important to continue to increase our exports. The STEP program helped us to continue that mission in a cost effective way.” Power Technology was awarded the 2011 Governor’s Award for Excellence in Global Trade and continues to find ways to lead the export community in Arkansas. The company’s most recent international activity was the purchase of Klastech GmBH in Dortmund, Germany in January of 2013. This acquisition will be support by the addition of several US based jobs.
Tom Burgess, CEO
William Burgess, Vice President of Operations
Walter Burgess, Vice President of Sales and Engineering
Power Technology, Inc.
P.O. Box 191117
Little Rock, AR 72219-1117
BAGELS TO BRUNCH & BEYOND
RX Catering, located on the corner of Capitol and Chester, is at the hub of the catering district in downtown Little Rock. Since 1994, owner Jay Ramsey has been an outstanding fixture in the restaurant and catering business. That year he and business partner Bill Eichhorn started New York Bagel Shop with an SBA guaranteed financing through Stillwater National Bank in Oklahoma. SBA’s SCORE Business Counselors advised the partners on choosing the optimal location to attract customers. Soon customers were requesting more than just bagels, and the company expanded into the lunch business, first with sandwiches and then with hot meals. Jay bought out his partner, and in 2005 transformed the business into RX Catering. The company’s motto, “Just What the Doctor Ordered,” reflected the popularity of the business with medical professionals and sales representatives. The business expanded and quickly became successful. Sensing that this type of business would work well in other cities, Jay formed a partnership to franchise RX Catering. There are now five locations in addition to Little Rock—Baltimore, Md.; Birmingham, Ala.; Houston, Texas; upstate South Carolina, and Alexandria, Va. RX Catering has menus to suit lunches, small meetings and major events. Some customers, including the Arkansas State Chamber of Commerce, take advantage of all of these options. The State Chamber uses the party menu for its yearly open house for the Arkansas Legislature and the lunch menu for various in-house meetings. RX Catering consistently wins the Best of the Best Awards in the Restaurant Category for Arkansas Times, the Arkansas Democrat Gazette’s Arkansas Online, and Arkansas Business. As part of community service, RX Catering donates food to Arkansas Children’s Hospital, Canvas Community Church, Our House, and the Little Rock Marathon. Jay says it is his employees that have made the business succeed. “Our people work well together,” he said. “Everyone does the orders.”