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Leo Belanger
                            S&S Oils
                            Parents



Samantha Belanger
Nichols College
Business and Society 100-
Entrepreneur’s Company
 Sole   Proprietorship
     To keep the business small
 Service
 20   Years in Business
Background
 Worked   for a friend
 Didn’t finance, used own money
 Decided he wanted to work for himself
 Schooling for repair and services
    School led to license
 More   successful now
Successes
 Expanded  to more customers
 Don’t have to listen to any higher power
     Self motivated
 Loyal and honest to customers
 Feel accomplished at the end of the day
Challenges
 Economy
 Oil  prices getting too expensive for
  customers
 Bills weren’t being mailed
 The money factor, bills not being paid
 Still working on challenges
 Economy and government can be fatal
  to business
Competition
 Al’sOil and gas company NSTAR
 Being loyal and doing the work right
 Keep doing a good job so customers
  come back
Marketing
 Word  of mouth, Business cards
 Don’t want anymore employees
 Wants the business to stay small
The Future
 Plans on continuing with business
 Stay in business until retirement
 Hoping someone will buy business out
  when deciding to retire
Questionnaire
Why don’t you want your business to
expand?
     More responsibility
     Harder to keep track of income
     Not busy year around
Do you enjoy the business your in?
     Yes, loves to work with people
     Loves working with his hands
Questionnaire cont.
Would you choose to do something
differently?
    Wouldn’t change it
    Loves what he does
    Enjoys the small business life
Summary
 Have   a plan when starting a business
 Know that its going to be hard at first but
  will be worth it in the end
 To be self motivated
 I learned to have a good outlook on what
  you are trying to achive

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Presentation1

  • 1. Leo Belanger S&S Oils Parents Samantha Belanger Nichols College Business and Society 100-
  • 2. Entrepreneur’s Company  Sole Proprietorship  To keep the business small  Service  20 Years in Business
  • 3. Background  Worked for a friend  Didn’t finance, used own money  Decided he wanted to work for himself  Schooling for repair and services  School led to license  More successful now
  • 4. Successes  Expanded to more customers  Don’t have to listen to any higher power  Self motivated  Loyal and honest to customers  Feel accomplished at the end of the day
  • 5. Challenges  Economy  Oil prices getting too expensive for customers  Bills weren’t being mailed  The money factor, bills not being paid  Still working on challenges  Economy and government can be fatal to business
  • 6. Competition  Al’sOil and gas company NSTAR  Being loyal and doing the work right  Keep doing a good job so customers come back
  • 7. Marketing  Word of mouth, Business cards  Don’t want anymore employees  Wants the business to stay small
  • 8. The Future  Plans on continuing with business  Stay in business until retirement  Hoping someone will buy business out when deciding to retire
  • 9. Questionnaire Why don’t you want your business to expand?  More responsibility  Harder to keep track of income  Not busy year around Do you enjoy the business your in?  Yes, loves to work with people  Loves working with his hands
  • 10. Questionnaire cont. Would you choose to do something differently?  Wouldn’t change it  Loves what he does  Enjoys the small business life
  • 11. Summary  Have a plan when starting a business  Know that its going to be hard at first but will be worth it in the end  To be self motivated  I learned to have a good outlook on what you are trying to achive