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Business Valuation & Negotiations Shark Tank SwimZip, Fit Deck, Life caps, Freshly Picked Baby Shoes & Daisy Cakes
Workout routines can get boring very quickly. Doing the same exercises over and over lead to boredom and worse, it can lead to reduced exercising. Well, Phil Black has created a product called Fit Deck. Fit Deck is a simple concept, it is a stack of cards that are used to create variety in a workout. This has a couple of benefits, it keeps the workouts fresh and it helps with muscle memory confusion which … Read entire article »
Filed under: Business Tips
Business Valuation & Negotiation Lessons from Shark Tank Alaska Glacial Mud, Balloon Distractions, Tom and Chee, Locker Bones & Invisiplug
Have a mess of power and power strips around the house that stick out like a sore thumb because they are black or a dark green? Well, if you have hardwood floors then you are in luck, as Invisiplug is pitches the Shark Tank it’s line of hardwood floor colored power strips. Hardwood colored Invisiplugs are sold online and in Lowe’s home improvement retail stores. Bryan O’Connell and Michael Barzman are the entrepreneurs from Encino, … Read entire article »
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Business Valuation & Negotiations from Shark Tank Nuts N More EyeBloc Wall Doctor Groove Book Bounce Boot Camp
With the proliferation of smartphones has been a proliferation of photos residing in said smartphones. What to do about those photos? Well Groovebook is here to offer a handy way to enjoy those photos and give them to loved ones and friends. Groovebook is a subscription service that will send a bound photobook of 100 photos to you. The Groovebook photobooks are bound, but each photograph is perforated so it can be removed from the … Read entire article »
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Exit Strategy Planning: When to notify your Vendors, Customers & Employees that the company is being sold
Disclaimer: Consult legal professionals for legal advice. The information contained in this post is not legal advice, nor is it to be relied upon as such. Consult legal professionals for legal advice to ensure legal compliance. Selling a business can be a complicated process involving a plethora of moving parts that have disparate agendas, from a landlord, to a franchisor (if applicable), to equipment financing companies, etc. Vendors, Employees and Customers are also critical parties to … Read entire article »
Filed under: Selling A Business
Business Valuation & Negotiation Lessons from Shark Tank Hanukkah Tree Topper Cashmere Hair Extensions Tipsy Elves Lightenetics
Ever wanted an ugly Christmas or holiday sweater? No? Well what about for themes parties and other events? Well, the market for ugly sweaters is large enough that there is a company that specializes in selling ‘ugly’ Christmas sweaters named Tispy Elves. Aside for sweaters for men and women, Tipsy elves sells sweaters for pets and inanimate objects in addition to beanies, neck ties and fanny packs. This allows a person to theme themselves and … Read entire article »
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Business Valuation & Negotiation Lessons from Shark Tank Spirit Hoods Virtuix Omni Fohawx Bubbas BBQ
Marley Marotta & Alexander Mendeluk are the duo that will pitch Spirit Hoods to the Shark Tank. Spirit Hoods are faux fur garments made in the USA. Spirit Hoods are uniquely designed apparel items that grab attention. Spirit Hoods is verified on Twitter, so they either have friends in the tech space, or have reached enough notoriety to have garnered that status. This can be taken as a sign that Spirit Hoods have good strong … Read entire article »
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Shark Tank Business Valuation & Negotiation Lessons Slawsa Soundbender Pet Paint Bellybuds Paparazzi Proposals Schulzies Bread Pudding
Getting an update segment on Shark Tashe is Rabbi Moshe Weiss. Weiss originally appeared on Shark Tank to pitch the Soundbender. The Soundbender is a device that clips on iPads and other devices and direct the sounds towards the person using the device. The device does not need any power, it simply is in a shape that redirects the sound in the direction of the screen instead behind the screen. It is an innovative product … Read entire article »
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Business Valuation & Negotiation Lessons from Shark Tank Fiber Fix Elephant Chat Fishing Ammo TMR Merchant Processing Ten Thirty One Productions
Appearing first in the Shark Tank was FiberFix. The entrepreneurs behind FiberFix are Spencer Quinn & Eric Child from Utah. FiberFix is an innovating single use tape that can be used to fix or patch holes or other damage in items like PVC pipes, broken handles, and many more. The FiberFix tape has to moistened by full immersion in water, and then applied directly to the item in need of patching or repair. Reaction from … Read entire article »
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Are Menchie’s Frozen Yogurt Franchise Stores a Good Investment?
For those of you who just saw Menchie’s Frozen Yogurt on CBS’ Undercover Boss, you may be wondering if becoming a franchise owner is the right thing for you? There are many factors to consider when investing in ANY franchise business. First of all, you have to decide between a retail business versus a B2B (Business to Business) business. Retail businesses involve leasing or buying retail commercial real estate, and also operating on Retail Hours … Read entire article »
Filed under: Franchises
Marketing Genius behind Menchies Frozen Yogurt Franchises Frozen Yougurt Stores
As you may be aware, Frozen Yogurt is a competitive industry. There are many brands out there from PinkBerry, Cherry On Top, Yogurtland, Golden Spoon and more including the countless independent brands that are out there. So standing out from the competition is vital for success. It was previously discussed how Menchie’s Frozen Yogurt brands themselves to stand out, and how they utilize a unique store design to streamline operations. This article will discuss the … Read entire article »
Filed under: Franchises
Q & A with Ryan Frankel of VerbalizeIt
Ryan Frankel, Chief Executive Officer, of VerbalizeIt took some time to answer questions about the state of the business before and after their pitch to the panel of investors on the Shark Tank. VerbalizeIt is a live translation service that users can access at any time from anywhere to have live human beings assist with translation. Live translators are far more likely to understand context of what is being spoken and to also understand technical jargon … Read entire article »
Filed under: Uncategorized
Business Valuation & Negotiation Lessons from Shark Tank Screenmend Hamboards Surfboard Skateboarding QR Code Scanning Technology Slow Jams Love Songs DJ Mission Belt No Holes Belt
Getting an update is Nate Holzapfel of Mission Belt Company. Mission Belt’s are belts that do not have any holes. Instead Mission Belts rely on on a click lock systems that is not visible from the outside. Nate Holzapfel was quite the salesperson, and the sharks were impressed with his energy and hustle. The lesson learned from his segment is that Investors invest just as much in the people as they do in the business. … Read entire article »
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Business Valuation & Negotiation Lessons from Shark Tank Kookn Kap Freeloader Child Carrier Fairy Tale Wish Rapid Ramen Echo Valley Meats
Chris Johnson from Sacramento California appears on Shark Tank to pitch his Rapid Ramen cooker. A lot of people enjoy quick and easy meals to prepare. Traditional ramen preparation involves pots and boiling water. Rapid Ramen’s selling points are that it shortens the preparation time, eliminates the need to use a stove and a pot, and requires half the water. Helping customers eat their food sooner with greater simplicity is always a good selling point. … Read entire article »
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Investing in a new franchise business – The Process & Challenges including Site Selection
Choosing to invest in a franchise business by opening new units is a different process from buying existing franchise units. There are greater upsides to opening new units, but with that comes greater risk. Your appetite for risk isn’t the only factor to consider when deciding between buying an existing franchise unit or opening a new. The other factor to consider is immediate cash flow. Know that opening a new franchise unit means accepting the … Read entire article »
Filed under: Franchises
Business Valuation & Negotiation Lessons from Shark Tank Breathometer Man Medals Kane& Couture Mango Preserves Simple Sugars Update
Pitching on Shark Tank will be Charles Michael Yim, who is the founder of the Breathometer. Proving that smartphones will one day do virtually anything, coming on the market in America will be a Smartphone application that will let users test their own Blood Alcohol Level. The Breathometer app requires a physical measuring device that connects direclty to a smartphone’s headphone jack. According to the Breathometer website, the product is in the pre-order phase with … Read entire article »
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Business Valuation & Negotiation Lessons from Shark Tank – Sweet Ballz – Lynnae’s Gourmet Pickles – Postcard on the Run – Medical Social Media– Wicked Good Cupcakes
Preview: The season premier of Shark Tank features cake balls called Sweet Ballz. Pitching Sweet Ballz are James McDonald and Cole Egger from Dallas Texas. According to the Sweet Ballz website, a distribution deal was struck with 7/11 retail stores in March of 2013. Sweet Ballz are listed in three flavors, Red Velvet, Chocolate, and Cookies N’ Cream, which you can see to the left. Sweet Ballz may get one or more sharks interested, as … Read entire article »
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Interview with David Glickman of Vermont Butcher Block & Board Company who pitched on Shark Tank
David Glickman of Vermont Butcher Block & Board Company appeared on Shark Tank to pitch his business. The episode he appeared in originally aired May 2013. Here is the recap of David Glickman’s original appearance. In short, David Glickman of Vermont Butcher Block & Board Company did not strike a deal with the sharks on the show. As it turned out for David Glickman, he seems to be better off maintaining full control Vermont Butcher … Read entire article »
Filed under: Business Tips