How do marine type businesses start? Have you ever thought of turning a hobby into a business? Let me tell you a story of how I got into the Boat Detailing Business when I started our in the car cleaning business which grew into a franchise system. So often we read in business books to study markets and develop business plans when in reality it does not exactly work that way. Let me tell you a story of how sometimes the entrepreneur just falls into opportunity.
I met a guy who came to our web site to buy a Car Wash Guys franchise who had been detailing boats for ten years in Redding CA and later in Coeur D' Alene, ID. At the time we were getting about 600,000 hits on our website per month so that wasn't too surprising judging from the odds. He didn't have the money but we talked about the industry a lot for our franchisee fee or the equipment needed. www.carwashguys.com . He had some fabulous Ideas about boat washing however. I then was marketing up in WA state and ran across another Boat Detailing in Everett WA, who also detailed cars, really sharp Mormon kid previously from Salt Lake. Also really knew his stuff, attends boat shows and has established himself as a marine cleaning products guy. We hit is off and all decided to work together. I then met a guy in Newport Beach who details the interiors of Boats and designed the original equipment for Nauticare, an onsite, pontoon mounted oil change and bilge cleaning franchise. WOW. This would round out the knowledge I needed to put together The Boat Wash Guys.
http://www.carwashguys.com/boatlaunch.shtml
We sank the first pontoon prototype in Lake Mead; entrepreneurial disaster, total loss. o add insult to injury the local lake enforcement wanted to investigate and it cost $4,000 to recover the damn boat; back to the drawing board with safety in mind. We could not sell a franchise if the boats sank and that was our intention to set up franchises for boat cleaning. A sure way to sink any franchise. So we remembered that one of our franchisees in Lewiston ID has a brother who build boats and also jet boats and customized landing craft to haul cattle. The puzzle was coming together, but we had to figure a way to lower the weight of the boat so we could still carry 1800 Lbs of water without capsizing or tipping in big waves especially in ocean marinas. We put all of our heads together and our prototype now works. We knew the business worked since we had three independents who all made well over 150K per year and I have the marketing because people who get cars washed may own a boat and everyone calls in under one 1-800 number so we could use my existing customer base to also get boat customers. We decided to start by offering these boat franchises to existing franchisees of any other system we had to grow very fast very quick. Our goal was to set up and add 100 units the next year.
And here is the kicker, the pontoon manufacturer has a deal with a pleasure craft loan company and can finance the equipment, 1/2 franchise fee and boat for 15 years and the payments? $333.00 per month. Ha, that was all we needed to make it available for all of our team and anyone who really wants one. All this happened from a back burner project in less than a year. Then I wrote a 500+ page manual using all of our expertise. Nathan one of our friends in WA State washed Craig Mc Caws Boat; a 106-foot Yacht.
Sounds great right? Well not exactly, turns out insurance was tougher than we thought and the government regulators had attacked our companies based on competitor complaints and the whole thing got put on hold. No jobs were created, very few boats ever got cleaned and the whole project sank. This does not mean we could not start it up anytime we changed our minds, it just shows you that no matter how good you plans are as an entrepreneur you always have to watch out for the Tsunami of brain dead regulators in Washington DC. This project today sits on the back burner once again, with all the pieces ready to go. Entrepreneurs should be well advised to watch all the details before sinking $100,000 dollars into an idea without looking at all the details. Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
eco-friendly cleaning service Highland Park ...When the recent Games of the XXVIII Olympiad came to... Read More
As a practise gets larger & larger the associated problems... Read More
In your small business debt collection laws will eventually become... Read More
Security Professionals provide the products and services necessary to create... Read More
In a world full of complications sometimes we overlook the... Read More
Pet Transportation Services are needed as the number of pets... Read More
Washing manufactured homes, mobile homes, can be a lucrative and... Read More
When do you need to get more involved with the... Read More
Small businesses need Public Relations, possibly more than large corporations,... Read More
Announcements can be handed out as a business cardAnnouncements can... Read More
If you are a franchisee of a large franchise system;... Read More
I recently met with a very successful magazine publisher who... Read More
If a customer owes your local business money, it's hard... Read More
Continuing from the second article:6. About the aground mathematical model,... Read More
At first glance, this topic may seem a little repetitive,... Read More
Home based travel businesses are no longer the wave of... Read More
If you own a mobile service or home based franchise... Read More
Cleaning concrete is tough and there is an easy way... Read More
As a solo entrepreneur or small business owner, one of... Read More
How much is your time really worth? Is it worth... Read More
Data. Most people think it is a term relegated to... Read More
Has this ever happened to you... 'John, you have a... Read More
If you're serious about wanting to start a business, the... Read More
Get maximum results with minimum effort. Sounds great doesn't it?... Read More
How do you know when an alliance needs to be... Read More
maide service in Des Plaines ...Last week we discussed the importance of performing an autopsy... Read More
When starting a business, you have to determine the method... Read More
I started working with another new client last week. He... Read More
As a successful small business owner,you're accustomed to long hours;... Read More
As an entrepreneur you can learn a lot by following... Read More
Ask anyone trapped in a cubical about their entrepreneurial dream... Read More
When the recent Games of the XXVIII Olympiad came to... Read More
If you have ever had your antique shop or mall... Read More
Support is critical for your small business survival. You may... Read More
Completion not Perfection Five Keys To Doubling Your Productivity and... Read More
Many of our nations 400,000 franchisees run their businesses out... Read More
Is your business making money? Would you know?Figuring out whether... Read More
The following tips have come from a wide variety of... Read More
Franchisor expansion policies are not as simple as one might... Read More
In the Truck Washing Business every single type of vehicle... Read More
No matter your age or station in life, we all... Read More
No matter how small your small business is, it is... Read More
For many small businesses, the "S" corporation is the business... Read More
Now that winter has passed, the annual ritual of spring... Read More
There are countless ways to save your business money. Unfortunately,... Read More
How far can you go based on your relationship with... Read More
The way you manage your money is one of the... Read More
A Private Investigator is a professional trained in the art... Read More
Do you spend every waking minute in your business? Do... Read More
Where would a business be without a business plan? A... Read More
Small Business |