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Consultant Spotlight - Sari Kimbell

Thursday, January 18, 2018

Each month we will be featuring one of our consultants in the Consultant Spotlight. This will be an opportunity for you to get to know a little more about our consultants and how special they are to the Larimer SBDC, our clients and the community. Along with a short background bio on each consultant, we will also ask each of them our 5 Questions that give insight to their particular industry, experience or personal interests. 

This month, we turn the spotlight on Sari Kimbell, Founder & CEO of Cultivate. Sari is one of our newest consultants and she specializes in the food and restaurant industry, as well as being a business owner herself.

Sari Kimbell brings over 20 years of experience in the food industry to the SBDC to work with food-related businesses including value-added product makers, growers and service-based establishments such as restaurants, food trucks and caterers looking to start or expand their business.  Her experience in farming, purchasing, wholesale, grocery retail, restaurant front and back of the house, starting her own food business and managing a commissary kitchen gives her an understanding of the food industry as a whole. Sari is knowledgeable and experienced in supply chain management, licenses, certifications, profitability, retail and wholesale distribution, packaging, e-commerce, marketing, branding, and sales strategies. 
 
Sari has combined her passion for the food industry with her marketing, event planning and graphic design skills to create a unique niche for her own consulting company working with startups, established businesses and non-profits.  Her passion is working with food business start-ups, helping them navigate the business development cycle to launch successfully and business ready to grow and take their business to the next level.

5 Questions for Sari Kimbell:

1) What's new with you?  I am thrilled to be a key part of Fort Collins Start Up Week as the content captain, in collaboration with the Northern Colorado Food Cluster, for the food track sessions.  I have been busy pulling together great panelists for session, fine-tuning my own presentation on growing a food business and organizing 10 food pop-ups throughout the week.   


2) Thoughts on the food/restaurant industry for 2018?  2018 will bring some big legislative changes for restaurants around food safety and food labeling changes for value-added food products.  Aside from this, the future is bright for food businesses.  Customers continue to want more transparency in their food whether it is local or non-processed, from scratch ingredients or menu options and they are willing to pay for it. Understanding your market and setting yourself apart with a defensibly unique stance is key to capturing sales in the food and restaurant industries.


3) What do you enjoy most about consulting?  It is so rewarding to see growth over time.  Some clients make leaps and bounds in weeks or months and some are on a slower timeline.  Neither is better or worse, it is forward progress that is important.  I love seeing many of my clients out in social settings, because food is social, and hearing the latest update.  We are so fortunate to have a thriving local food scene and I am honored to be a part of it.


4) Favorite restaurants in Ft. Collins?  Right now I am really loving Emporium in The Elizabeth Hotel.  I love that they have duck liver mousse and a lardon salad.  I lived in Paris for six months and the menu and decor bring me back to lazy afternoons spent in brasseries.  You also can't beat the view or cocktails after dinner upstairs in the Sunset Lounge with Mark Sloniker playing Jazz in the background.    


5) One piece of advice for anyone looking to start a new food/restaurant business? As I said before, know your target market inside and out and be able to defend your unique selling point.  If you are going to start a salsa company, which I don't recommend, it has to stand out as different enough that people just have to try in an over-saturated market.  Also, this is connected, people like to try new things in small doses, so help ease them into your unique product or menu by relating it to something they know. Don't afraid to step out of the norm a little bit, but no so much that it is way outside of people's comfort zones; only 10% of the population are early adopters and a food business will need more than that to make it.  For example, don’t start a restaurant with the craziest trend in Korean street food like edible insects.  Instead introduce one menu item that incorporates an element of that trend that is relateable. That said, when you can coax customers into trying something new, they LOVE to Instagram, Facebook, SnapChat and tell others about the great new cricket meatballs they just ate. Finding the balance is not an easy task, but it is achievable. 

Find out more about Sari Kimbell and her mission at Cultivate




O'Connell Speaking at National SBDC Conference

Thursday, August 24, 2017

Mike O'Connell, Larimer Small Business Development Center (SBDC) Director, will be a presenter at the National SBDC conference in September, in Nashville Tennessee. Over 1400 small business development professionals attend this annual conference to sharpen their consulting skills, and learn about useful entrepreneurial resources. O'Connell will present “My Top Six Ways That Businesses Get Into Trouble”. This information was also featured in BizWest magazine’s May 2017 edition.

10 Signs You Need Better a Better Understanding of Your Business Finances

Tuesday, September 08, 2015
      by Brian Cathcart, CPA, MS
Larimer SBDC Consultant
The Financial Lab

You are probably really good at providing the products and/or services of your business. But you might not feel so competent or confident about the accounting and financial analysis part of your business. Maybe you need to change your mindset regarding your financial reporting as something to get excited about. 

Don’t you get excited about things that make you money?  Financial reporting and analysis makes you money!

10 Signs You Need Better a Better Understanding of Your Business Finances
  1. You don’t know the role of accounting or what accounting means. 
  2. You are not using financial information regularly to make better business decisions.
  3. You don’t know how to calculate your break even or how to calculate sales necessary to achieve a desired level income.
  4. You don’t know what accounting infrastructure means.
  5. You don’t know what accrual based accounting means.
  6. You don’t understand why the balance sheet is the most important financial statement.
  7. You don’t understand why it is necessary or how to perform monthly reconciliations and close the books.
  8. You have a large accounting role without adequate training and education.
  9. You are a business owner or manager that would like to freshen up on all this accounting stuff.
  10. You are not excited about monthly financial analysis.
Do any of those strike a chord with you? The good news is the Larimer SBDC is here to help! We have free, confidential, individual business consulting with professionals like myself who understand the impact financials have on your business growth, as well as several upcoming training options. 

Check out the following helpful classes that are coming up soon:

Thursday, November 5  1:00 PM - 5:00 PM
QuickBooks: 3 Part Series
Friday, November 6 8:30 AM - 12:00 PM
Basics of Bookkeeping: Know Thy Numbers
Wednesday, November 18 8:30 AM - 12:00 PM  
TAXES - Get Informed and Organized Now!

Need help sooner? Classes don't fit your schedule? 

Click here to request an appointment.


Larimer SBDC Increased Consulting in First Half of 2014 by 62%

Wednesday, July 30, 2014
The Larimer Small Business Development Center (SBDC) provided 1304 hours of free confidential consulting for its clients in the first half of 2014, a 62% increase over first half 2013 hours.

“We’ve done a lot of work over the last year to reach out to the business community, and let them know we can be a productive resource . Our consultants have done a great job of delivering value to the 284 clients we’ve served so far this year.”, says Mike O’Connell, Larimer SBDC Director.

Terri Donovan-Keirns, Larimer SBDC Program Coordinator, adds “ we’ve brought in some consultants with specific skill sets to help our clients. We’ve added two restaurant/food consultants, a supply chain expert, and more marketing specialists. We also have beverage/distillery and construction experts going through our consulting accreditation process, and they should be on-board shortly.”

The Larimer SBDC provides free confidential consulting and a wide range of low-cost business workshops.  The Larimer SBDC is hosted locally by Front Range Community College, and sponsored by the SBA, City of Fort Collins Economic Health Office, First National Bank, and others. The Larimer SBDC recently relocated into The Innosphere business incubator at 320 East Vine Street, Fort Collins.