In the fall of 2014, when 7-Eleven announced it was shutting down franchises, Joe and Shannon Orriss made a life changing decision. After six years of operating the franchise, they were given the option to buy their store. “We made this store what it is, and the majority of customers come here because it’s us, not because it’s a 7-Eleven,” Orriss said. “We’ve put so much of ourselves into this place, we couldn’t just walk away. And there are six of us who would be out of a job if we did.” Thus began their venture outside the franchise world and into the world of preparing for and becoming business owners.
7-Eleven indicated they wanted to move quickly so Orriss immediately started researching ways to update and improve the store, and figuring out what the total project would cost. He contacted the Michigan Small Business Development Center regional office in Flint for help in putting together a business plan and in preparing to get financing. SBDC Regional Director Marsha... Read More