Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
Boat Cleaning Business Case Study: Entrepreneurship 101 > NetSparsh - Viral Content you Love & Share

Boat Cleaning Business Case Study: Entrepreneurship 101

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

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Forbes

Amazon Launches A Site Just For Small Businesses...And Other Small Business Tech News This Week
Forbes
Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 — Amazon launches a small business shop. This week, Amazon launched Amazon Storefronts—a new section of its site that only lists ...


Portland Tribune

Small business, big opportunities
Portland Tribune
Small business development is central to what we do at the Portland Business Alliance. Nearly 80 percent of our 1,900 member businesses have fewer than 50 employees. At the Alliance, our small business members have a seat at the table at board ...

and more »

Business.com

How to Make the Cloud Work for Your Small Business
Business.com
The concerns small businesses have about moving to the cloud are not as big problems as you might think. There are several ways to suit the cloud to benefit even the smallest business. If you're a small business, it's tempting to dismiss cloud storage ...


The Mountaineer

Small Business Center to hold free seminar, 'Choosing Your Small Business Legal Structure' Oct. 2
The Mountaineer
The Small Business Center at Haywood Community College will offer a free seminar titled, “Choosing your Small Business Legal Structure,” from 5-7 p.m., Tuesday, Oct. 2, in room 3021 at the HCC Regional High Technology Center. The speaker is Tonya ...


Will NY City Council Finally Take Action To Save Small Businesses From Extinction?
Gothamist
As small businesses disappear from the city, and bodegas and hardware stores and music venues are supplanted by chain drugstores and bank branches, or sit vacant for months, it's worth remembering that New York City had commercial rent controls for 18 ...


CNBC

Small business owner 'thrilled' by Trump's tariffs on China, others
CNBC
Drew Greenblatt of the National Association of Manufacturers is actually hoping that a result of the new tariffs will be better trade deals.
Small Business Owner Says Tariffs Necessary | Blue MauMauBlue MauMau

all 5 news articles »

Chamber 's Small Business Series starts Wednesday
Quad-Cities Online
During the first session focused on customer relations, attendees will identify the top three to four items related branding, marketing and sales that are keep their business from growing to the next level. Through interactive coaching, attendees will ...


Money Magazine

This Business Credit Card Gives You 2% Cash Back on All Spending. Here's Why It's the Best of 2018
Money Magazine
The best reward credit cards for business owners are ones that make it easy for you to both earn and redeem cash back, and this business credit card delivers. A lot of the small-business cards offer a slate of revolving retail categories in which ...
USAA Credit Cards: Find & Apply for Credit Cards Online | USAAUSAA

all 174 news articles »

The Missoulian

Small businesses need health care
The Missoulian
Why is health care such a dirty word with some politicians? Politicians who talk out of both sides of their mouth, on one hand saying how small businesses are the engine of economic growth in Montana, and on the other hand trying to eliminate health ...

and more »

Aviation Week

Opinion: Drones Enable Small Businesses And Help Drive US Economy
Aviation Week
Drones are creating opportunities for entrepreneurs to start new small businesses and make established small businesses services more productive. In essence, these flying robotic tools are proving beneficial to the overall U.S. economy. The industry of ...

Google News

Do You Want Your Own Fully Programmable ERP? - Part 3

Continuing from the second article:6. About the aground mathematical model,... Read More

Sex Up Your Business Growth

A top executive called up me late in the night.... Read More

Is Your Business Profitable?

What's your job profitability? Do you know?Many business owners are... Read More

Debt Collection Techniques

Here are some sound debt collection techniques that can be... Read More

Do You Need Accounting Software for Your Small Business?

If you're anything like me then you dislike with a... Read More

Going Public: Now that You Have Successfully Made the Transition, What Do You Do?

Ok, you have successfully accomplished your dream of being the... Read More

Effectively Completing the Operations Plan Section of Your Business Plan

The Operations Plan is a critical component of any business... Read More

Franchise Company Operations Manual Sample Outline

Many companies wish to expand and a few wish to... Read More

Will Adding a Car Wash to Your Fast Lube Add Additional Crime to Your Facilities?

Car Wash Crime in the Hood. Apparently not everyone is... Read More

Top 10 Lessons for Small Business Success - As learned From My Twin 3 Year Olds

Small business success is very similar to learning to walk,... Read More

Increase Productivity and Business Success - Take Responsibility

Are you responsible for your results?What comes to mind when... Read More

Don?t Quit Before You Get to the City!

We were more than excited. Our women's doubles tennis team... Read More

Creating Lists to Learn About Yourself, Your Business and Your Customers

I love lists. I make them for everything. And I'm... Read More

11 Things Small Business Owners Can Learn From Rudy Giuliani

1. Leadership Is Learned ? While many people appear to... Read More

Small Business Credit Card Advantages

Obtaining a business credit card enables the small business owner... Read More

How To Plant Seeds of Success With Small Business Ideas

Think of all of your business ideas as tiny seeds... Read More

FTC Franchise Rule if Enacted will Trigger Hardship for Private Sector

The FTC Franchise Rule maybe changed, as the Federal trade... Read More

Computer Related Habits From Small Business Owner - Be Prepared, Avoid Despair

Aside from the fear of losing a spreadsheet or research... Read More

Essex Accountant: Accountancy Firm MVP for Your UK Business?

Most business owners know when they need an accountant, but... Read More

Using Technology to Manage Customer Loyalty

Don't let your customer satisfaction research initiative collect dust on... Read More

Hispanic Small Business Advantage

One thing I have noticed in my travels to different... Read More

Knowledge is Power

Why does research and education play an important part of... Read More

Small Business Health Check-Up

If your home business is not performing the way you... Read More

Equipment Maintenance Manual for Mobile Cleaning Business Outline

Service Cleaning Businesses must maintain their equipment in order to... Read More

Starting a Virtual Assistant Business

If you're organized, smart, capable and willing to work with... Read More