CEO, KTT Enterprises
CEO, KTT Enterprises
Nancy Coffey built KTT Enterprises in Hamden, Connecticut, one of the largest women-owned manufacturing businesses in Connecticut and proudly stands out as a successful entrepreneur in what is typically a male-dominated industry.
Founded in 2005, KTT Enterprises is a custom Talalay latex foam manufacturer and supplier producing a variety of products ranging from cosmetic applicators for the TV/film industry to custom foam mattresses and high-end furniture cushions. Nearly 100 percent of the products sold by KTT are fabricated in its 14,000 square foot factory in Hamden, CT. Using the sap from the rubber tree, their latex foam is made from renewable resources and is biodegradable and naturally hypoallergenic.
Like many entrepreneurs, immediately after forming her business, Nancy realized she needed help. She turned to the Women’s Business Development Council for small business training, education and counseling. Over a period of six years, Nancy took more than 10 training courses, resulting in more than 174 hours of small business education and counseling. “Prior to taking Women’s Business Development Council small business education courses, I was not business savvy enough to create a concrete business plan. The Women’s Business Development Council gave me the knowledge I needed to succeed through every stage of my business,” said Nancy Coffey. With this knowledge, KTT Enterprises has grown and is now WBENC- certified and also certified to do business with the Federal Government and State of Connecticut.
In particular, Nancy credits the Women’s Business Development Council for teaching her the importance of understanding personal and business finances and to hold herself completely accountable for her business finances. Through the Women’s Business Development Council’s Business Financial Management course, Nancy learned how to create, and thoroughly understand her financial statement and use it as a strategic tool to grow her business. Since coming to the Women’s Business Development Council, Nancy has doubled the number of employees and her revenues have increased dramatically.
After years of building one of the largest women-owned manufacturing businesses in Connecticut, Nancy is a proud entrepreneur. She continues to enjoy her role as CEO, watching her business flourish as she contributes to Connecticut’s economy by creating jobs and taxpayers.
“The Women’s Business Development Council was critical in the evolution of my business. It gave me the knowledge I needed to help create strategies to make our business operations more nimble and responsive to a rapidly changing environment in the various industries we serve,” said Nancy.
For more information on KTT Enterprises, visit www. kttenterprises.com