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Slide Notes

We tried to find the easiest people to relate to for our interview process. It just so happened that both of our dads are business owners. Each of us called and interviewed our dads and gathered our information that way. This was actually really cool because each of us grew up with a parent that owns a business, but each business is very different.
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Interview Process-Business Plan

Published on Nov 18, 2015

Katie Yates and Megan Stoll's Business Plan

PRESENTATION OUTLINE

Interview Process-Business Plan

By: Katie Yates and Megan Stoll
We tried to find the easiest people to relate to for our interview process. It just so happened that both of our dads are business owners. Each of us called and interviewed our dads and gathered our information that way. This was actually really cool because each of us grew up with a parent that owns a business, but each business is very different.

David Yates

Owner of a batting cage business
David Yates was interviewed on Wednesday September 10th at 6 o'clock p.m. We discovered that he was passionate about the sport but owning a business was harder than he had anticipated. His biggest problems including marketing, being a seasonal business, partnerships, cash flow, and finding the best employees and equipment.
Photo by T. Fernandes

Karl Stoll

Owns a Construction Business
Karl Stoll owns a construction business. He deals with problems in fields like accounts receivable and human resources. He has a Big Distribution and has no cash flow. He also has challenges everyday with his clientele because a lot of the time they are close friends or have difficulty paying. A lot of the time his customers are very hard to deal with since they invest a lot into the project and are emotionally attatched,
Photo by nffcnnr

Untitled Slide

Somethings we discovered were that our dads had a lot of similar issues, even though their businesses were so different. One similar problem was cash flow. Another was with people (both the customers and employees) are a lot different than anticipated. We also found that both batting cages and construction businesses were seasonal businesses and have a lot of similar issues simply because they are not necessities but more leisurely services.
Photo by Great Beyond

Seasonal Businesses

We have a few ideas about what we should do to fix the common problems between these two companies. One of them was the issue of being seasonal. This can surely be fixed with Megan and I. We have exceptional marketing and advertising skills that could help make this company booming year-round. This can impact a lot of areas of the business including cash flows and even employees. With more customers, comes more money, which means cash flow, which means more people apply to work there and know about the business. Our services are more than beneficial.