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Purchasing Power LLC
Computer purchase programs for employees
Success Secret:
"Hard work and a commitment to the business plan despite obstacles. "
What Is Success?
"Continued growth in sales and profits."
Best Advice:
"Don't give up too quickly. Stick with the business plan even if results don't come immediately."
Tipping Point:
"A contract with a Fortune 500 Company."
Success Secret
|
What Is Success?
|
Best Advice
|
Tipping Point
Sources of Startup Capital
Friends & family
Venture capital
Bank loan
Private investors
Line of credit
Credit cards
Savings/personal funds
Company Benefits
Health insurance
Flextime
Life insurance
Company car
Telecommuting
401(K)
Tuition reimbursement
Stock options
Company Details
Location:
Atlanta, GA
Founders:
D. Keith Calhoun, 51
Website:
http://www.purchasingpower.com
Year Started:
February 2001
Turned a Profit:
2004
First Million:
2002
2007 Sales:
$51.4 million
Number of Employees:
Day 1:
20
2007:
62
2008:
70*
* Projected by 2009
Company Background
Voluntary benefits company offering employees the opportunity to purchase work/life improvement products via installment purchase agreements linked to payroll deduction
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