Momentum inspires five local businesses
One of the beautiful attractions of Ludington isn’t just the breathtaking views, it’s the thriving local businesses that line the downtown streets. Momentum Business Plan Competition provides essential support and recognition to local businesses and entrepreneurs.
Everyone left a winner Friday night’s competition at the Ludington Area Center for the Arts. Sarah Stechschulte of Inspired Parties received the grand prize of $14,000. The four remaining contestants received $9,000.
Stechschulte, in her pitch, said she’d expand her business using three phases. The first phase was to establish her own studio, the second phase is to add other types of art classes. Finally, to add more space in her building that will allow for larger classes, space rental, and hiring employees so that she can divide her time between the studio and events. Since her business opening two years ago, Stechschulte said, her revenue has increased by 120 percent, and with the extension to her building she predicts it will increase by another 75 percent.