The Small Business Professor
Botanicals: An Ultimate-Living Experience
Casey Cooper became an
entrepreneur at age 6, selling beautiful autumn leaves for a
penny apiece in Lexington, Kentucky. Returning from a New
York City trip paid for by selling magazines and chocolate
bars, Cooper decided to become an actor, but received good
advice from a mentor; few actors make much money, so make
sure you have a skill to fall back on.
Knowing that actors perform mostly at night, Cooper wanted a
day job, something creative and uplifting, and a woman
walking by with an armful of flowers gave her an idea. For
over a year, she went to different florists, trying to find
a job, but no one would hire her. Finally, she got a job
with a local hospital flower shop and after 6 months, was
moved to the main shop. A year later, the florist began
teaching her the basic techniques and mechanics of flower
arrangement. After earning a Bachelors of Fine Arts at
DePaul University’s Theatre School in 1991, Cooper helped to
create and then, and worked as the artistic director of a
theatre company. Soon, Cooper started her own flower
business doing events, parties and weddings.
After settling in Chicago, Cooper officially incorporated as
Botanicals in 1995, starting out as floral design company,
but utilizing anything and everything botanical including
fruit, vegetables, herbs, bamboo and grass, roots - anything
natural and textural. She worked out of her home basement
using her washing machine and dryer as a work table. In
1996, she leased a spooky, but romantic, broken-down mansion
and used it as a studio and later moved to a vintage
store-front on Division Street. Eventually, Botanicals
doubled in size as the neighborhood became more trendy and
edgy.
By April 2002, Cooper was ready to expand again, but the
space promised by her landlord was not ready on-time and
rather than find her business homeless, she temporarily
moved into a bare, rat infested, warehouse space with no
heat or air conditioning. From June until November, when
Botanicals finally moved into its state-of-the-art facility,
Cooper promised clients that the quality of her work would
not be compromised by her mean estate. Since then,
Botanicals has grown about 30% each year and currently
employs 16 people full time and up to 40 during busy season.
Small business is not for the faint of heart and it can be
physically and emotionally exhausting – especially if you
are balancing a home and motherhood too. Last year, Cooper
and her husband and business partner, came to the conclusion
that she was spreading herself too thin and should scale
back her Botanicals activities to just 3 days a week.
Instead of hurting her business, Cooper found that the
breathing room rejuvenated her creativity and allowed her to
think and plan rather than just keep pace with day-to-day
business concerns.
Cooper realized that she need a unique selling proposition
to differentiate Botanicals from the same 4 or 5 competitors
she came up against with every proposal. She decided that
diversifying by offering classes in floral design, wedding
design and landscape and gardening as well as starting a
summer Sunday farmers’ market would help consumers tap into
Botanicals’ concept of the ultimate-living experience rather
than just its excellent reputation as a floral design
studio. In addition, since she was adding workload, Cooper
brought in sub-contractors to help guide the development of
the classes and the farmers’ market.
The Small Business Professors' Words of Wisdom
Small business owners who
have been at it awhile often don’t realize the toll that
being directly responsible for everything, including the
financial well-being of employees, takes on both mind and
body. Casey Cooper was smart; by taking a little time for
herself, she re-energized her business, which allowed it to
grow. Looking back at her core business now, she realizes
that additional pressure and responsibility has been put on
her employees, but they have handled it gracefully and
gained some freedom in decision-making on their own.
Being away from the business also highlighted where
personnel changes needed to be made, but transition and
restructuring are helping to smooth over the difficulties.
Cooper believes Botanicals has actually benefited from her
additional time away; her long-term future looks and smells
beautiful!
Case History:
Botanicals
www.botanicalschicago.com
Entrepreneur’s Strategy: Take some time away to
rest and recover. Use that time to think and make plans and
strategies for growth.
Could This Work For Me? If you are stressed out,
working 20 hours day, and your life and family are suffering
for it, taking a break will provide more than just a rest.
It may be a chance to take your business to the next level.
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She
worked out of her home basement using her washing machine
and dryer as a work table.
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