Foxy Loxy, Jen Jenkins
I am glad to report that after 10 months of Foxy Loxy operations I am working on a second location in Downtown Savannah. Thanks, Ken.
Since I did not need financing and was determined to open this business, Ken Zapp, my Score mentor, did not require that we develop a full business plan. Instead, we developed a cash flow analysis. This helped me anticipate the costs of starting this new business and the challenge of producing positive cash flow.
During our meetings every two weeks in summer, 2011 we discussed more than just the cash flow. Ken was able to answer a wide range of questions I had not initially thought about. In fact, having him there proved to be even more important than the financial details; he helped me talk through many frustrating challenges. More than anything, he helped me gain confidence in myself.
I went to SCORE Savannah to find help in starting Foxy Loxy, my café gallery in Savannah. My background is in art (MFA) but I needed assistance in the business side of this venture.