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SBA Helps Former Accountant Calculate a Plan for Success

Thomas Rumph

Rumph and Associates has grown from a small Atlanta-based accounting firm to an international service provider to the U.S. Government in the span of four years. The company has grown from one employee, working out of a home office, to more than 85 employees working in over 40 countries.

After a career spanning more than two decades as a finance director and international finance professional with the largest beverage company in the world, Thomas Rumph Jr. resigned and started the company in 2007. Rumph and Associates was originally focused on accounting and data management services for corporate clients and educational institutions.  Tom wanted to scale up his business, and the current plan was not achieving this goal. “I wasn’t building anything to create jobs or grow the business, I had to do something different,” he recalls. Through a friend, he learned about the government contracting program and decided to give it a try.

Tom connected with the SBA Georgia District Office and began attending every training class and networking session offered. In 2012, the company was accepted into the 8(a) program and began working toward winning his first federal contract. In 2012, Rumph & Associates won its first of many federal contracts. The contract, with the Centers for Disease Control and Prevention, called for expertise in organizational development and program support in Uganda. Due to hard work and years of experience in managing large-scale international operations, Rumph has become a go-to contractor for the CDC and other agencies. They are supporting operations such as the U.S. President’s Emergency Plan for Aids Relief and the emergency responses for the Ebola and Zika viruses in over 40 African, Asian, European, Caribbean, and Central American countries.  

Entering into the 8a program has been the largest contributor to the company’s meteoric growth. “Without the SBA’s programs or the dedicated counselor’s help, we would still be a small accounting firm with operations only in Atlanta,” the CEO says frankly. Despite the company’s success, Tom still attends SBA training events and regularly checks-in with his SBA network. He offers a stern warning to entrepreneurs that don’t take advantage of the resources that SBA provides: “I understand how you can grow your business into bankruptcy. If you don’t continue to grow your skills to adapt to the changes in your business, you will kill your company with growth.”

Never satisfied with how things are, Tom is looking to improve upon the services his company provides and develop into a prime contractor. With projected revenues exceeding $8 million for this year, Rumph and Associates are a true 8(a) success story!