TriStatz

Tristatz, a service-disabled veteran-owned business headquartered in Montgomery, Alabama, is built on CEO William Scott’s 19-year tenure as a Senior Consultant dedicated to providing economic development resources to diverse sectors. After serving in the US Army and as an Alabama mayor, the desire to boost economic growth in rural counties led Scott to start Tristatz. By seeking guidance from the SBDC due to uncertainty in strategy, he developed a plan for growth. Alabama SBDC support helped him shape the business to cater to government agencies, educational institutions, non-profits, and small businesses.

Since inception, TriStatz grown, hiring two part-time staff and collaborating with eleven 1099 consultants. Scott was able to expand from one center to two in 2023 , with a new Montgomery Regional Office.

“Andrea Rogers Mosley, SBDC Director at ASU, played a pivotal role in advising our expansion, staff hiring, consultant negotiations, and contract concerns.  The Alabama SBDC at ASU has provided my business with outstanding services and was there at the inception of our company.  The staff helped us navigate the process that entrepreneurs face with starting a business and helped us navigate to the level of success we have experienced with our company throughout the years.  The one-on-one advisement is gold,” says Scott.

Since 2016, TriStatz revenue soared from $70,000 to $700,000, attributed to securing contracts aiding rural areas, consulting for Cares Act Funding compliance assessments, and managing a portfolio of $36 million in relief package appropriations.

“The Alabama SBDC at ASU has been an invaluable partner on our journey to success. Their guidance, strategic counsel, and unwavering support have been instrumental in every stage of our growth, from inception to our current standing. Their expertise has not only contributed to our expansion but has also played a significant role in shaping our approach to business, allowing us to navigate challenges effectively and seize opportunities for sustainable growth. We are immensely grateful for their ongoing support and partnership in achieving our goals.”

Moving forward, the company aims to continue expanding, building strategic partnerships, and working with SBDC to support small businesses.

Tristatz actively contributes to the community by mentoring small businesses and offering workshops, aiming to uplift budding entrepreneurs. Engaging student interns, collaborating with staffing agencies, and conducting skill development workshop mark the company’s commitment to workforce development.  According to Scott, the company’s identity as a veteran and minority-owned business holds immense significance, reflecting their dedication to diversity and inclusivity.

“The Alabama SBDC at ASU has been an invaluable partner, providing guidance, strategic counsel, and unwavering support at every stage of our growth. Their expertise has shaped our approach, aiding us in navigating challenges and seizing growth opportunities. Their continued support remains crucial to our success.”

Impact:

• Annual Revenue sales since 2016 $70,0000 to $700,000
• Two part-time staff and eleven 1099 consultants
• Second location (Montgomery Regional Office)