Todali Tackle Reels in Success After Winning Intuit Grant
Alicia Haynes still remembers the phone call she received in November 2010.
It was a call that would profoundly impact her business, Todali Tackle, a maker of custom, hand-poured fishing baits that "fishermen like and the fish love." As it turned out, Haynes was being notified that Todali Tackle was the winner of a $25,000 Love a Local Business hiring grant from Intuit.
A "Bait" with Destiny
Looking back to that time a year and a half ago, Haynes says the grant money couldn't have come at a better time for her Philpot, Kentucky-based outfit.
Since 2006, this family business has been building a reputation as being one of the finest plastic bait makers around. Not bad for an operation run out of the family's barn and humble production facility. But thanks to the sudden infusion of cash, Haynes was able to raise her level of competitiveness, ramping up production, acquiring new molds for bait, and fishing for new clients.
"We used the grant money to invest in the business to get the product that I needed to carry and meet the demands of our customers," Haynes says. "With the grant money we were able to get a new type of mold that was out there."
As a result, Haynes continues to reel in the customers without interruption.
"I never thought we would be where we are right now," Haynes confesses. "It's hard to say where we'll be in another year with how fast things are growing. Hopefully we will be able to keep up with the demand and have some steady employees."
"I'm very pleased," she says of her business and its progress last year, "and we're going to keep working hard like we have been."
Is It Time to Cast Your Line?
Are you a small business owner who could put a $25,000 grant to good use? If so, be sure to check out Love a Local Business and nominate your small business today!
Michael Essany is a business writer for Intuit and is passionate about solving small business problems.