Business & Tech

From Garage to $7M in Revenue: A local Success Story

Ryan Schadel started Labor SMART, Inc. in his Dallas garage in December of 2011. Already this year the company has surpassed its 2012 year end revenues of $7,175,846.

Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries and are located throughout the country. The company's clients range from small businesses to Fortune 100 companies. Labor SMART was founded to provide a reliable, dependable, and flexible resource for on-demand personnel to small and large businesses.

Schadel is now the CEO of a company that employs 3,000 people on any given day and 40 to 45 at its Hiram headquarters.

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"We're growing pretty quickly," he said. "This time last year I had 10 employees working at the Hiram location. We outgrew our first building in a year. I thought it would last at least two years. After the first quarter of this year we broke down the wall at our new location and rented the space next door."

When looking for his headquarters, Schadel knew staying put in the area was right for his business.

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"All of our essential needs are within a few miles," he said. "The area works well for us. We close enough to Atlanta to get what we need and still avoid the traffic. Getting employees also attracted me to the Paulding County area."

With 14 locations, the closest in Marietta, the company reports that as of July 12, it has recorded $7,269,590 in year-to-date revenue. The achievement of this latest milestone puts the company in-line with projections of $16 to $18 million dollars in revenue production for 2013.

"We are extremely pleased with the progress of our operations thus far," Schadel said. "We have seen revenues continue to grow in our branches as they mature and our customer base continues to increase. Additionally, our gross margins are beginning to show incremental improvements as our customer base diversifies. The remainder of 2013 will be focused on continued revenue growth, improving profitability at each branch location with the goal of positive income from operations by year end, and solidifying plans for our continued expansion in 2014."


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