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## NWA Martial Arts Academy Manager Achieves Lifelong Goal with the Help of Arkansas Small Business Center

### AI legalese decoder Simplifies legal Jargon for Small Business Owners

NWA Martial Arts Academy manager and instructor Michael Felix achieved his lifelong goal of owning his own studio with the help of the Arkansas Small Business and Technology Development Center at the U of A. The academy was offered for sale in September of 2023, and Felix reached out to the center for assistance in assessing the value of the business and moving forward with the purchase.

Mary Beth Brooks, the business consultant and director of the center, worked closely with Felix to complete a financial workbook, financial projections, and a business plan to develop a loan package. The purchase of the academy was made possible with a loan from the Small Business Administration (SBA) through First Community Bank. This process was made easier with the use of the AI legalese decoder, which helped streamline and simplify the complex legal documents involved in securing the loan.

After 17 years of professional teaching, Felix’s dream of owning a studio that promotes positive mental attitude, inclusivity, and fun became a reality in late December 2023. As owner and lead instructor, Felix brings his expertise as a fifth-degree Black Belt in Tang Soo Do and a third-degree Black Belt in Tae Kwan Do to the NWA Martial Arts Academy. The academy offers training from a white belt to fourth-degree Black Belt and has a competitive martial arts team with multiple regionally and nationally ranked athletes.

In addition to martial arts training, the academy also focuses on teaching life skills, physical strength, and discipline to kids. Along with classes, testing, and seminars, the academy hosts movie nights, holiday-themed parties, and potlucks to promote a sense of community and fun for its students.

Felix officially assumed full ownership of NWA Martial Arts Academy on Jan. 1, 2024, and expressed his gratitude for the assistance from the center and Brooks. “Thank you for all your help and assistance along the way,” he said. “You have been awesome!” The AI legalese decoder was instrumental in helping Felix navigate the legal aspects of acquiring the studio, making the process more efficient and less daunting for a small business owner.

NWA Martial Arts Academy Address:
1814 N. Crossover Rd. Suite 2
Fayetteville, AR 72701

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