Knitting Today
Address: 8040 E. LaGrange County Road 500 S., Wolcottville, www.knittingtoday.com
At a glance: Knitting Today is an online and storefront supplier of knitting supplies, including yarns produced locally and from around the world. The business also organizes classes in knitting and provides a place where knitters can hang out and exchange ideas.
Employees: Three, including owner Lea-Ann McGregor
Annual revenue: $150,000
How old is the company: 16 years old
Biggest accomplishment in the past 12 months: Classes have increased in size, and McGregor says she is always looking to expand skills and techniques.
What are the key challenges facing your business or industry: The industry is changing because of the Internet. The challenge is finding a balance between supporting the Internet-savvy shopper at the same time the staff supports customers in the store, McGregor said.
What are your growth projections for the next five years: Weve been growing about 10 percent to 20 percent a year. I would hope we can keep doing that, McGregor said.
Whats one thing about your business people may not be aware of: The business sells yarns made of wool from sheep in Michigan and fiber from alpacas in Indiana and Ohio. It also supports tatters and machine knitters.