WALLACE RESOURCE SYSTEMS OF LEACHVILLE, LLC
Earthquakes, tornadoes, hurricanes and other disasters leave cleanup challenges that can overwhelm local capabilities. Dave Wallace, owner of Wallace Resource Systems of Leachville, provides the emergency staffing that effectively and efficiently returns communities to normal life.
Dave started his business in 2009, building upon 20 years of experience in the staffing industry and 21 years of active duty in the army, where he was honored seven times for heroism. This combination has given him an unsurpassed understanding of the staffing industry and disaster recovery.
“I saw a niche,” he said, “which was not being adequately serviced by existing staffing companies. Our product is simple. It is people, their skills, and their availability in mass numbers.” Dave’s success is based on three critical components: 1) long-term relationships within the staffing community that allow labor to be recruited nationwide; 2) choosing skilled supervisors with strong leadership ability, and 3) maintaining and growing an excellent reputation in the industry.
As a service-disabled veteran, Dave knows the challenges that veterans can face in employment. While not every employee is a veteran, Dave tries to hire as many veterans as possible. Veterans fill leadership positions within his organization and leadership assignments with customers. “Veterans have the discipline, the drive, and a strong desire to successfully grow within the civilian workforce,” noted Dave. “I speak as often as possible with veteran groups about the job market and the opportunity and risk of owning their own business.”
In 2009, Debra Taylor, former loan officer at Liberty Bank, assisted the growth of Dave’s business with two SBA guaranteed loans through the Patriot Express Program that focused on veteran entrepreneurs. A loan for $102,200 covered building renovations, furniture and fixtures, and working capital. A revolving line of credit for $160,000 provided working capital for the growing business. Dave continues to work closely with Centennial Vice President Dickie Pace, his banker for almost 25 years.
Dave also credits the Small Business Administration’s resource partners, the Arkansas Small Business and Technology Development Center (ASBTDC) and the Arkansas Procurement Assistance Center (APAC) for helping the business grow.
Over the course of the last ten years, Dave has worked with Herb Lawrence, Laura Miller, and Robert Bahn at the ASBTDC Regional Office (Arkansas State University) in Jonesboro. The ASBTDC provides one-on-one confidential consulting, market research, and training for small business owners and entrepreneurs. Primary areas of assistance include planning, financial analysis, online and traditional marketing, growth and expansion, management and profitability, as well as packaging assistance for SBA loan applications. These services are free of charge for Arkansas entrepreneurs.
At APAC, Dave worked with Ray Blevins and Delbert Taylor to learn how to navigate the government procurement process. The Arkansas Procurement Assistance Center, which serves as a Procurement Technical Assistance Center, is funded in part through a cooperative agreement from the Department of Defense through a program that is administered by the Defense Logistics Agency.
Dave looks forward to continued strong growth as he focuses on opening offices around the country. A strong team of subordinates and a loving family continue to support his efforts.