HR Business Weekly Episode 63: Air date – July 9, 2017
Watch the entire video here.
*Marc Steiner, a franchise consultant with FranNet.
“Having a franchise is just like having any other business. What you’re doing is you’re buying into a value chain.”
“Figure out what it is you want to get out of the business, set those goals and objectives and what are your skills?”
Roles in business:
“What makes you tick?” Which role above resonates with you the most?
“I like to think of it as a win-win-win-win.”
If you’re looking to franchise your business, create an operating manual.
Create a lean one-page business plan first, then create that operating manual.
Connect with Marc Steiner of FranNet here.
*Eric Coble, John Stein and Thomas Vandiver with The Neighborhood Harvest.
The idea for the business stemmed from a class on entrepreneurship at the College of William and Mary.
They produce greens and deliver them to people’s homes.
Connect with The Neighborhood Harvest here.
*Michael Schwarting of Knockerball Hampton Roads.
He saw the original pitch for Knockerball on Shark Tank, was intrigued by the idea and started doing research on the company.
He was buying the system.
“We don’t want to spend time reinventing the wheel. They had a great system, a great playbook and my wife and I just followed it.”
Connect with Knockerball Hampton Roads here.
*David Nygaard with David Nygaard Fine Jewelers.
“So we opened in 2006 our 6th store, and we were named Virginia Business of the Year. Hampton Roads Chamber of Commerce had endorsed me as their Business of the Year.”
2008, his bank shut down the business.
How did he come back?
“We had a name, a revenue stream and key people.”
He went back to school to learn CAD programming. Computer-aided design.
“You only fail when you quit. When you’re trying, you’re still trying. The key is to not give up.”
“You have to look at the opportunities that you still have. No matter how dark it is, sometimes there are doors that are opening you don’t even realize to new technologies, new ways of doing business that didn’t exist. You have to be open to change.”
Connect with David Nygaard Fine Jewelers here.