The O’Connor Group
What began as Rice Wright Creative transformed to The O’Connor Group when Rebecca Rice and Raki Wright purchased the marketing agency in 2019. “We are honor to continue the legacy of Bill O’Connor by keeping the name The O’Connor Group,” Raki says. “It is now a small, women-owned agency that operates as a debt-free company,” Raki explains. “This means we need to raise any funds needed for large projects, keep our expenses to a minimum, and reinvest our profits back into the company.”
Rebecca and Raki use a streamlined business model that allows them a superior level of agility and performance. Raki functions as the digital strategy director while Rebecca adds vision as the creative director. “I consult with clients on digital ads, website content, search engine optimization, retargeting, electronic newsletters, and social channels,” Raki explains. “As creative director, Rebecca oversees concept development, art direction, and the agency team for any creative components of client campaigns. She and the account manager work with clients to make sure projects meet expectations and objectives, and stay on schedule and on budget.”
Rebecca connected the team with Roanoke Regional SBDC’s Business Advisor Tom Tanner, which has proven to be pivotal for the agency. Tom guided Raki and Rebecca through the purchasing process. With such a big transition, Raki says this level of access to knowledgeable help was pivotal for the growing agency.
“Tom helped us set up our corporation, value the company we were purchasing, create a business plan, create a budget, create our partnership agreement, draft a purchase agreement, and more,” Raki says. “We could not have done this without him.”
With a staff of seven, The O’Connor Group dealt with COVID-19 in full stride. Raki notes that the team’s agility has enabled them to be flexible, which provides their agency with a definite advantage. “I’ve been able to control my work-life balance while doing rewarding work and partnering with some of the greatest small businesses in the region, especially since we all began dealing with the pandemic,” Raki says. “It’s been great to have a company culture that puts family first, whether that means working from home, bringing kids to work for virtual school, or altering our schedules around family responsibilities.”
“We’d like to continue to grow the agency and team. We plan to continue working with the SBDC to learn more about and optimize the operational side of the agency,” Raki says. “There’s so much knowledge inside the SBDC, and we want to take advantage of all of those opportunities.”