Posts Tagged ‘Baltimore Business Journal’

Tony Hill on the Front Page of Baltimore Business Journal

Monday, August 4th, 2014

Tony Hill Baltimore Business Journal

In a recent cover of the Baltimore Business Journal, Edwards and Hill’s very own Tony Hill can be seen on the cover as well as quoted in their front cover article. The article, written by Sarah Meehan, discusses the impact of casino revenue on small and minority businesses and contractors.

 

The article highlights the Small, Minority, and Women-Owned Business Investment Account, which is a fund from the Board of Public Works. The state account is created by slot machine revenue that is then used to help small businesses. The loans offered through the account include an interest rate that is either at or below the market rates. Some of the businesses that were able to receive loans through the account were unable to receive a traditional bank loan for their business. To understand the impact the account has on small businesses, Meehan includes a list of numbers in her article to help readers see the impact:

  • For the 2014 fiscal year, slot revenue reached $578.4 million.
  • Of that revenue, $8.4 million was dedicated to the account.
  • That makes up about 1.5% of the slot revenue that is allotted for small, minority, and women-owned businesses in the state of Maryland.

 

Some more numbers included in the article break down who received helped from the account program:

  • In 2013, 45 businesses were approved or received loans
  • 3 were veteran-owned
  • 15 were women-owned
  • 17 were minority businesses
  • 10 were small, non-minority businesses

 

Our Tony Hill was interviewed for the article to highlight another way the casino business is helping small businesses. Maryland gaming facilities such as Maryland Live! Casino and the future Horseshoe Casino Baltimore are working with minority contractors instead of more established contractors. Edwards and Hill currently furnishes Maryland Live! Casino and will be furnishing the Horseshoe Casino Baltimore. Tony Hill states in the interview that he knows that other contractors have more established resources than himself, but the gaming facilities give contractors opportunities that they might otherwise never have. Maryland Live! President Rob Norton sees the importance of strengthening the community economy. The casino has also hosted fairs for minority contractors to help establish relationships with businesses and vendors.

 

Edwards and Hill Office Furniture is proud to furnish local casinos as well as providing quality furniture for corporate offices, hospitality businesses, educational settings, and healthcare facilities. Tony Hill has been partnering with Hans Edwards since 1998 to provide quality multimedia and furniture services to a number of different businesses and industries.

 

To get started with Edwards and Hill, call us today at 301-317-4250. You can also fill out our online contact form to ask specific questions about one of our specific services.

 

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Tony Hill Interviewed By The Baltimore Business Journal

Wednesday, March 27th, 2013

Just in time for spring, Edwards & Hill Office Furniture has great news to share! Tony Hill, managing partner of Edwards & Hill Office Furniture, has been featured in the Baltimore Business Journal.

Edwards & Hill Office Furniture is a full-service commercial furniture company founded in 1998.

Tony and Hans believe God led them to create a successful furniture company because the right business mentors were sent into their lives at the right time and for the right need. One person was Jay Isom who served as an invaluable business mentor and guide for Tony and Hans.

How did Tony and Hans finance Edwards & Hill Office Furniture?

Originally, the furniture company was bootstrap financed. Now, Tony and Hans have a line of credit with M&T Bank and credit with their suppliers and vendors.

Where did Tony and Hans get the idea to start a commercial furniture company?

Originally, Tony and Hans created an entertainment industry website where agents were listed, casting information was provided, and where to get head shots could be discovered.

This is when Tony and Hans decided to sell web advertisement and offered a premium package for subscribers.

Tony and Hans realized they would never make the money they needed to make the business thrive so they created a marketing company that focused on event planning and business promotions. This business venture also did not generate good cash flow.

What did branch them into a successful commercial business was Tony’s relationship with a contracting specialist.

Through the contracting specialist, Tony placed a bid on six chairs, which he purchased. Months later Tony sold those six chairs to a client. The client later requested cubicles and a freestanding office.

Tony believes to this day that God opened a door for Hans and him to succeed. Tony stated in the interview with the Baltimore Business Journal that many people are afraid to step through the door God opens for them.

When God opened the door for Tony, Tony saw an opportunity to step through that door and advises anyone, “Don’t be afraid to succeed.”

What business advice does Tony give to startups and successful business owners?

Tony highly recommends that business owners hire the right people in the right positions to save the business money short term and long term.

This business strategy works because business owners have the opportunity to delegate as well as focus on the direction and vision of future business ventures on behalf of the company.

Learn about Edwards & Hill Office Furniture 5-year vision as well as invaluable business advice in the article How I Got Started with Tony Hill featured in the Baltimore Business Journal.

Edwards & Hill Office Furniture is a leading office planner and supplier for commercial companies, government agencies and individual consumers nationwide. We sell and install office furniture. We design and plan office layouts from start to finish. We even help you relocate and handle planning, marketing, public relations, and film and video production.

Contact Edwards & Hill by clicking here or call us at 410.884.8450 today! We are here to serve you!

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