415 Blossomwood Drive League City Texas 77573 Phone 281 924 1452 Jean and Rob McLean were referred by the bank to the SJC SBDC That was the best thing for us to do as we began investigat ID: 854517
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1 Maui Wowi of LeagueCity 415 Blossomw
Maui Wowi of LeagueCity 415 Blossomwood Drive League City, Texas 77573 Phone: (281) 924 - 1452 Jean and Rob McLean were referred by the bank to the SJC - SBDC. âThat was the best thing for us to do as we began investigating the business opportun ity,â shared Jean McLean, Maui Wowi partner with husband, Rob. They attended the âFirst Stepâ seminar offered in the Pearland office of the SJC - SBDC. âI could see immediately that they were serious entrepreneurs and that they had done considerable investigation before the class,â Michael Moore said. âThey asked great questions and were always on top of the issues we were discussing. The most important benefit they derived from the seminar was form and structure to fit the package required by the len der.â Director Moore worked with the clients in the initial session to examine their input into Business Plan Pro®, a business planning software program. Most of the considerations had been made, but some readjustments needed to be forthcoming to co mmunicate more effectively with the lender and to be correct from an accounting perspective. For instance, the long - term assets needed to be aligned with long - term liabilities. Repayment schedules needed to be in long - term liabilities repayment and other m inor adjustments, like figuring depreciation. The lender made the loan for the purchase of an existing franchise and they started the business on September 23. The McLeanâs saved time and money by thoroughly investigating the franchise and all of th e area franchisees. The business had two part - time employees in its first week of operation, as the owners worked feverishly to accommodate customers at the Oak Tree Festival in League City. The second month projections were based on one festival. Already, they had seven booked and were on their way to adding more employees. In February of 2007 they learned that they had won a contract with Reliant Stadium to sell smoothies and coffee at the events they had scheduled. The Rodeo was their first event.