{"id":13173,"date":"2024-08-19T17:27:57","date_gmt":"2024-08-19T17:27:57","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/buying-an-existing-business-with-shop-owners-dan-and-robin-haynes\/"},"modified":"2024-08-19T17:27:57","modified_gmt":"2024-08-19T17:27:57","slug":"buying-an-existing-business-with-shop-owners-dan-and-robin-haynes","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/buying-an-existing-business-with-shop-owners-dan-and-robin-haynes\/","title":{"rendered":"Buying an Existing Business with Shop Owners Dan and Robin Haynes"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div>\n<p class=\"date\">Aug 19, 2024<\/p>\n<p><strong>\u00a0<\/strong>With host retail coach Wendy Batten<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">https:\/\/wendybatten.com\/podcast-intro\/<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">In This Episode:\u00a0<\/p>\n<p dir=\"ltr\">So much gold here.\u00a0<\/p>\n<p dir=\"ltr\">Are you considering buying an existing business in a<br \/>\nfield that\u2019s outside of your wheelhouse? Already a business owner<br \/>\nbut interested in a great conversation between a husband\/wife<br \/>\nentrepreneurial team and hearing some great advice for your store?<br \/>\nThis episode of the Creative Shop Talk Podcast is for you!<\/p>\n<p dir=\"ltr\">Robin and Dan Haynes purchased an existing equestrian<br \/>\nretail shop called The Golden Horseshoe in Eureka, MO in 2023. As<br \/>\nentrepreneurs in real estate, they are always looking for an<br \/>\nopportunity and couldn\u2019t pass this one up! Robin knew a bit about<br \/>\nthe equestrian industry and found out the shop was for sale after<br \/>\ntheir daughter started working at Golden Horseshoe. They each have<br \/>\ntheir own roles in the business and are active members of the<br \/>\nRetailer\u2019s<br \/>\nInner Circle. Dan is always sharing incredible marketing ideas,<br \/>\nbiz book recommendations, and inspiration for the whole group.<\/p>\n<p dir=\"ltr\">Throughout this duel interview episode, Robin and Dan<br \/>\nchat about their experience purchasing a business that had been<br \/>\noperating for over 40 years. Here\u2019s what you can expect to hear us<br \/>\nchat about:<\/p>\n<ul>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">How they refreshed and elevated a<br \/>\ntired brand<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">How they leveled up their<br \/>\nmarketing and customer experience<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">Some tips to navigating social<br \/>\nmedia successfully without having to buy ads<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">How they handled staff resistance<br \/>\nand turnover<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">How they are building a business<br \/>\nthey can turn into passive income<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">What they are doing to keep staff<br \/>\ncommunications consistent<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">The pros of building a business<br \/>\nwith your spouse (you all know I could probably do a whole episode<br \/>\non this one!)<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">What they would have done<br \/>\ndifferently if they bought the business today<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">Why you need to keep your books<br \/>\nclean! (so so important!)<\/p>\n<\/li>\n<li dir=\"ltr\" aria-level=\"1\">\n<p dir=\"ltr\" role=\"presentation\">Dan\u2019s favorite masterclasses in<br \/>\nthe Inner Circle and what he\u2019s excited for in the group<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">This episode has so many golden nuggets of wisdom &#8211;<br \/>\neven if you aren\u2019t interested in purchasing an existing business<br \/>\nbut simply looking for ways to make yours run more smoothly. Let\u2019s<br \/>\ndive in!<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">\u201cMost people overestimate what they can do in one year<br \/>\nand underestimate what they can do in 10 years.\u201d -Bill Gates<\/p>\n<p dir=\"ltr\">About The Golden Horseshoe<\/p>\n<p dir=\"ltr\">In April of 2023, new owners took the reins of Golden<br \/>\nHorseshoe. The Haynes and Robinson Families set out to build from<br \/>\nthe strong foundation of Golden Horseshoe in order to create<br \/>\nsomething special for the next 40 years and beyond.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">The vision of the partnership was to bring the<br \/>\noperations, outreach and education into the tech age while<br \/>\nremaining true to the roots of the store. This new vision quickly<br \/>\nbecame evident with a complete restart of the business to include<br \/>\nbranding, store layout, product lines, customer service and online<br \/>\nservice.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">Website | Facebook\u00a0<\/p>\n<p dir=\"ltr\">\u00a0<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">Ready to Level Up? Join The Retailer\u2019s Inner<br \/>\nCircle.\u00a0<\/p>\n<p dir=\"ltr\">Here\u2019s everything you need to know about the Retailer\u2019s<br \/>\nInner Circle. You\u2019ll have access to countless Masterclasses<br \/>\nincluding Foot<br \/>\nTraffic Made Simple, Shop Standards, Money Matters, and so many<br \/>\nothers. Plus, you\u2019ll have access to a private Facebook group where<br \/>\nmembers can ask questions or share advice and their experiences of<br \/>\nrunning a retail shop. And Q4 is coming! We\u2019ve got your back. You<br \/>\ndon\u2019t have to do retail alone!<\/p>\n<p dir=\"ltr\">Related podcasts we think you\u2019ll like:\u00a0<\/p>\n<p dir=\"ltr\">Episode<br \/>\n159: Best of Series: Prepare to Sell, Franchise, or Expand:<br \/>\nFour Areas That Need to be Under Control<\/p>\n<p dir=\"ltr\">Episode<br \/>\n183: Fine Tuning Your Business Operations with Guest Expert<br \/>\nGwen Bortner<\/p>\n<p dir=\"ltr\">Episode<br \/>\n202: Why Every Retail Store Should Consider Selling<br \/>\nSouvenirs\u00a0<\/p>\n<p dir=\"ltr\">About your host, Wendy Batten<\/p>\n<p dir=\"ltr\">In case we haven\u2019t met yet, I\u2019m Wendy, a small<br \/>\nbusiness coach and founder of the<br \/>\nRetailer\u2019s Inner Circle, where I help other independent shop<br \/>\nowners learn how to gain the right business skillsets to see more<br \/>\nprofits, paychecks, and joy as they navigate running their retail<br \/>\nbusiness.\u00a0<\/p>\n<p dir=\"ltr\">Through online classes, business coaching programs,<br \/>\nspeaking, and a top-ranked podcast,<br \/>\nI\u2019ve helped hundreds of retailers around the globe reclaim their<br \/>\ndreams and see the success they want from their beautiful shops. My<br \/>\nsignature private coaching community, The<br \/>\nRetailer\u2019s Inner Circle, has helped retailers around the world<br \/>\nbuild their retail business skill sets and confidence.\u00a0<\/p>\n<p dir=\"ltr\">I am proud to have been featured in several major<br \/>\npublications, including my own business column in What Women Create<br \/>\nmagazine. I have been privileged to be a guest on top-ranked<br \/>\npodcasts and sought-after as a guest speaker and teacher for<br \/>\nseveral brands, associations, and communities that are passionate<br \/>\nabout the success of independent retailers.<\/p>\n<p dir=\"ltr\">When I\u2019m not coaching, you will find me either DIYing<br \/>\nand renovating my very imperfect old crooked cottage by the sea in<br \/>\nthe UNESCO World Heritage town of Lunenburg, NS, or blogging about<br \/>\nour travel and RVing adventures and the weird fun things we get up<br \/>\nto in our coastal village. I\u2019d love to invite you to check out one<br \/>\nof my free resources for real retailers at https:\/\/wendybatten.com\/free-resources\/\u00a0<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">For more support from Wendy<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">Retailer\u2019s<br \/>\nInner Circle &#8211; Join Wendy inside the best retailer\u2019s<br \/>\ncommunity<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">Free<br \/>\nresources for shop owners\u00a0<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">Hang out and connect<br \/>\nwith Wendy on IG\u00a0<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\">All<br \/>\nof Wendy\u2019s programs and services for shop owners can be found<br \/>\nHERE.\u00a0<\/p>\n<p dir=\"ltr\">Subscribe &amp; Review on<br \/>\niTunes<\/p>\n<p dir=\"ltr\">Are<br \/>\nyou subscribed to my podcast? If you\u2019re not, I\u2019d love you to<br \/>\nconsider it. Subscribing means you won\u2019t miss an episode!<\/p>\n<p>Click here to subscribe to iTunes!<\/p>\n<p><strong id=\"docs-internal-guid-202c7e58-7fff-12fb-99e9-32a199312417\">If you want to be more of<br \/>\na rockstar, I\u2019d love it if you could leave a review over on iTunes<br \/>\nas well.\u00a0 Those reviews help other retailers find my podcast<br \/>\nand they\u2019re also fun for me to go in and read.<br \/>\nJust click here to review, select<br \/>\n\u201cRatings and Reviews\u201d and \u201cWrite a Review\u201d and let me know what<br \/>\nyour favorite part of the podcast is. So grateful for you! Thank<br \/>\nyou!<\/strong><\/p>\n<\/div>\n<p><script>(function(d, s, id) {\n      var js, fjs = d.getElementsByTagName(s)[0];\n      if (d.getElementById(id)) return;\n      js = d.createElement(s); js.id = id;\n      js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&version=v2.8&appId=834757889913083\";\n      fjs.parentNode.insertBefore(js, fjs);\n    }(document, 'script', 'facebook-jssdk'));<\/script><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><br \/>\n<br \/><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aug 19, 2024 \u00a0With host retail coach Wendy Batten \u00a0 https:\/\/wendybatten.com\/podcast-intro\/ \u00a0 In This Episode:\u00a0 So much gold here.\u00a0 Are you considering buying an existing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-13173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcasts"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/13173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=13173"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/13173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/13005"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=13173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=13173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=13173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}