SMALL BUSINESS PROFILE PROMPTING SMILES IS THE MOST IMPORTANT ORDER OF THE DAY.
BUSINESS ADDRESS: 6520 Platt Ave. #576, West Hills, CA 91307
PHONE: (818) 385-0000
WEB SITE: www.partiesbystacey.com
OWNERS: Stacey and Paul Parzik
NUMBER OF EMPLOYEES: Three, and numerous contracted entertainers
DESCRIBE YOUR BUSINESS: We provide talented performers including princesses, super heroes, clowns, magicians, hand-painted temporary-tattoo artists, balloon artists, celebrity impersonators and much more to enhance special occasions.
IS THIS YOUR FIRST BUSINESS? Yes
WHY DID YOU START THIS BUSINESS? I wanted to enable my desire for a home-based business so I could be home with our children as well as my love of working with children and helping people celebrate special occasions.
WHERE DID YOU GET THE IDEA? I worked for the company part time in college, then when I graduated, the company owners asked if I wanted to buy it because they had weren't able to do so anymore.
HOW LONG WAS IT FROM CONCEPT TO OPENING? A couple months from when they offered to sell me the business to when I took over as owner.
WHAT DID YOU DO DURING THAT TIME? On-the-job training while I was in college.
WHAT WERE YOUR STARTUP COSTS AND HOW DID YOU FINANCE THE BUSINESS? $15,000 from loans financed through the previous company owner and family. Subsequently, we've bought two additional companies through a small business (credit union) loan and our personal line of credit.
WHO DID YOU RELY ON FOR ADVICE? A family member who owned and managed businesses throughout his life.
WHAT HADN'T YOU CONSIDERED BEFORE OPENING? The costs of doing business!
WHAT IS YOUR EXPECTED REVENUE THIS YEAR? $170,000 gross.
WHAT GOALS DO YOU HAVE FOR THE COMPANY? To continue cultivating our talent pool of gifted entertainers, enabling us to provide every manner of wholesome entertainment and more smiles on more occasions throughout the Los Angeles area.
(color) Stacey and Paul Parzik own Parties by Stacey, a small business in Woodland Hills that supplies entertainers for children's parties and events.
Andy Holzman/Staff Photographer