Chris and Amanda Young, owners of ShipRight, is companions in business and companions in life. They are a distinctive duo with even more unique approaches towards life and the business enterprise that occur whilst living it. Chris and Amanda are senior high school sweethearts though went to the same high school neither. Chris was homeschooled and had been taking university courses at night after work and Amanda visited Guam High School. After departing home at 17 to live out her dream with her soon to be partner in everything, during the day and taking classes at night she also started working.
Working building and cleaning homes they lived frugally to be able to place themselves through Guam Community College, debt free. They got wedding not too long after college and have been wedded for eight years on July 25th this year and have been devoted partners for13 yrs. The Young did not simply spring up from their feet and decide to open up a business. It is said by them “was a process that occurred organically. There wasn’t really a definite decision to one day own a business.
It was similar to making a decision never to work for another business. It experienced more natural to work for ourselves simply. Chris and Amanda Young, owners of ShipRight! And boatSHOP, (in the dark) snap an instant photo before their shop with their employees. Because Chris was raised in the sea industry, most of his working knowledge was developed by the immediate instructions of his dad who was simply a boat builder/general contractor. His parents even built the sailboat that they lived on and will work their retirement on Guam to renovate the “Our Way”, the fishing boat that sailed them through life.
Having been raised on a boat, Chris sailed to numerous slots throughout the Western world South and Coastline Pacific, exposing him to more building opportunities that helped him expand his abilities. Amanda is working along with Chris for quite some time has absorbed wisdom of the Marine Industry and uses that insight to market and administer the business to be a recognized and prosperous marine fabrication and repair center.
With a unique upbringing and over twenty years experience in the field of building and boating, they are able to offer both skill and first hand knowledge to the ongoing services offered at their company. The demand for their services started getting bigger than their company itself. Therefore to support what their customers needed without diminishing on their beliefs of quality and integrity, they sensed it was necessary for to expand their business. The Young stated, “The templates that SBDC provided for writing up business plans and financials made this process less intimidating and the personable one on one support was very motivating.
Denise Mendiola-Herslet was our SBDC counselor, her realism and confidence was an inspiring yet calming presence during the expansion process. ” Expanding a business may bring up a range of emotions. For the Young, the expansion process “was both thrilling, and exhausting but all together gratifying. The Young’s try to keep the funding of their business without the need of investors, because they started their business with their own efforts and continue steadily to do this. Therefore, they came up with multiple back-up plans to financing their enlargement. Their initial plan was to generate their expansion documents with their company banker up initially Hawaiian Bank.
- Get some good WP theme and set up it
- Tell me about yourself, what have you been doing in the last two years
- Increasing or lowering business hours
- Whose implementation success is not measured (beyond ‘it proceeded to go live’)
” Fortunately, they didn’t need to get that intricate for funding the expansion, because the bank was impressed by their development documents allowing them to acquire funding in an exceedingly easy way. Furthermore, because of just how we published our programs the banker could set up financing options that worked best for our situation.
One of the biggest issues the Young’s experienced was managing the quantities. When seeking to the continuing future of what their business had a need to endure as well as thriving, it was conflicting looking to weigh out what areas of the business enterprise would require more funding and what areas did not. They had to make moderate requests for those appropriations so that finance institutions would find those demands realistic and profitable. Another problem was controlling life. It had been difficult looking for the stability between working on the expansion, working the business already in operation, and working on the family.
