Horaney's Wins Small Texas Family Business of the Year Award (In the News)Nov. 30, 2005
Horaney's wins small Texas Family Business of the Year
By JO LEE FERGUSON jfergusonlongview-news.com
Betty Horaney will have to make the trip to Waco by herself Thursday to accept the award for the small Texas Family Business of the Year from Baylor University.
Her son, Ron, helps her run Horaney's Inc., the Longview store that sells everything from feed to garden and pet supplies. He has to stay in Longview and oversee the store while she's gone. That's just the way a family business is, Betty Horaney said.
"Like I said, one of us is always here," she said.
Betty Horaney's father-inlaw, Syrian immigrant Harry Horaney, opened what was Horaney's Feed Store in 1940 at 207 N. Court St. He died in 1977, but his son, Albert, Betty Horaney's husband, continued running the store with his family. He expanded the store's offerings from just feed to help it remain successful in a changing world.
The business moved to 301 W. Methvin in 1993. Court Street was renamed Horaney Street when Albert Horaney died in 1996. Betty and Ron run Horaney's today, and the Horaneys' other son, Al, owns a similar store in Tyler.
Horaney's was among some 75 to 100 small, familyowned Texas businesses that competed for the small Texas Business of the Year, a program sponsored by Baylor's Institute for Family Business. Horaney's was among several East Texas businesses honored in the competition. Citizens First Bank in Tyler was recognized in the medium family business category and T.B. Butler' Publishing Co. Inc., which owns the Tyler Morning Telegraph, won in the large family business category.
Applicants were reviewed by a panel of judges who considered family involvement, community and industry involvement and business success and succession.
"Since the company has been in business for over 60 years, has continued to be owned and operated by the same family, makes a strong commitment to the community and has been honored by the community, has established a strong succession plan, has remained true to the original concept of the founder, has been honored by the industry in which it does business and has shown strong entrepreneurial strength while still maintaining family ties, it has exceeded all the requirements to be named the Texas Family Business of the Year by Baylor University," Mary Abrahams, assistant director of the John F. Baugh Center for Entrepreneurship at Baylor's Hankamer School of Business, said in an e-mail to the News-Journal.
Horaney's and the other award winners will be recognized at a banquet on campus Thursday.
The award is an honor for her family, Horaney said, recalling that she began crying when she learned the business had won.
"I thought of my father-in-law and my husband and all the
years that they devoted and built the business up," she said.
She said dedication and personal service are what keeps family businesses successful. Either she or her son are always at their store greeting customers.
"This is an honor for Longview as a community, that they have traded with us enough that we would get this award," she said. "Without our customers, ; we're not here."