Kat
Cunningham's company, Moresource, Inc., employs approximately 3000
employees in 200 companies and files state withholding in 17 states.
Yet, she didn't hire any of the employees.
Kat owns a PEO (professional employer organization). Companies transfer
their existing staff under her umbrella, and she leases them back
to do the same job for the same pay under an arrangement referred
to as "co-employment." The IRS recognizes her company as
the W-2, or payroll employer; her client is considered the worksite
employer, responsible for maintaining the day-to-day direction and
control, hiring and terminations.
Kat
opened Moresource, Inc., in 1994. Upon the recommendation of a family
friend, she contacted the University of Missouri-Columbia SBDC. Counselors
immediately looked over Kat's business plan, helped her prepare a
set of three-year annual cash flow projections and a set of five-year
financials then introduced her to a lending institution that provided
her the funds to open her doors.
Over the years, Kat has grown her company and sought SBDC assistance
as needed to maintain a pattern of well-managed growth.
"I have found the staffs of the SBDC to be extremely helpful,
professional and courteous. And what is nicest from my perspective
is that the help they provided was completely non-judgmental and non-critical,"
Kat says. "You're already working hard to build your business
and learning from the school of hard knocks; you don't need folks
to 'pick at you.' You need professionals who are pleasant and willing
to work with you to better your company."
The assistance provided by the SBDC has greatly impacted Kat and
her company. One can see this both economically and in terms of enhanced
learning, the recognition of greater efficiencies and changes in the
way she does business today as opposed to just last year.
"I have to admit that had it not been for the folks at the SBDC
office, I might not be in business today. I think everyone should
benefit from the SBDC's expertise," Kat says. "Business
owners of today can't possibly know everything. Due to the diversity
of the SBDC and MO SBDC clientele, think of the exposure those folks
have to different situations and how much they can contribute to your
company! The assistance they offer and the programs they have are
phenomenal."
Moresource, Inc.
Kat Cunningham
2101 B. Vandiver
Columbia, MO 65202
573-814-1234 (work)
573-814-1225 (fax)
prez@moresource-inc.com
www.moresource-inc.com
Manufacturer
- A.M. Pyrotechnics LLC of Buffalo - produces fireworks and choreographs professional pyrotechnics displays
- Billy Goat Industries of Lee's
Summit - manufacturer of outdoor power equipment
- Eyes of the World of Rolla - manufacturer of high-quality intraocular lenses for humans and animals
- ISW Group, Inc., of St. Louis - manufacturer of a skin-care product for
African Americans suffering with dermatological problems

- The Newberry Group of St. Louis - developer of computer security systems

- Patric Chocolate of Columbia - gourmet chocolate maker

- Pogue Label and Screen of St. Louis - a specialist in printing labels on plastic containers

- Sigma Aldrich of St. Louis -
chemical manufacturer

- TechGuard Security of Chesterfield - provider of information network security products

- X-Com, Inc. of Warrensburg, - produces digital communications hardware and software for the Navy and other commercial applications and products
Professional, Scientific and Technical Service
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offers solutions to business problems in information technology 
- Brick City Custom Works of Mexico - custom motorcycle repair and service shop
- Gaskin, Hill, Norcross of
Springfield - developer of a text messaging system

- Global Solutions Group of Fenton - network solutions, IT telephone and
systems management firm

- H2O Technical Services, Inc., of Springfield, a provider of integrated water treatment services and applications

- Hammer Collections of Springfield - employs computer software and information technology to resolve and prevent payment delinquencies

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- Logistical Resource Solutions of St. Louis - storage and inventory control
- Lytmos Group LLC of Lee's Summit - provides peer review and grants management support to organizations that sponsor high technology R&D

- Mobile Media Technologies, LLC of Kansas Ciy - wireless communications
- Nanoparticle BioChem Inc. of Columbia - research and production of nanoparticle-based products
- Nanova, Inc. of Columbia - researching biomaterials, materials, composites and medical devices to develop more reliable medical devices

- NEMS/MEMS Works LLC of Columbia - engineering researchers developing early-stage prototypes of nanotechnology delivery devices to target drug
applications in patients with life-threatening conditions
- OsteoGeneX of Kansas City - drug research and biotech commercialization
- Paternity Testing Corporation of Columbia - forensic investigations, DNA profiling
and parental identification

- PureFlow Technologies Inc. of Jefferson City - produces and markets a diesel engine fuel efficiency device
- P/Strada, LLC, of Kansas City - a
consultant in bio-terrorism and homeland security

- QM Power Inc. of Greenwood - developing magnetic force control technology
- Sign Designs of Joplin - designs and manufactures custom signs for large corporations and small businesses

- Technology and Networking of Cape Girardeau - computer technology and telecommunications sales and services

- The Vacation Channel of
Branson - independent TV station providing tourism info

- Westinn Kennels of St. Charles
- canine boarding and training facility
- Wren Associates, Ltd. of Jefferson
City - provider of retail fraud detection systems

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