Ted Shin and his wife have successfully owned and managed two donut shops in the Dallas area for several years. In August 2015, Ted purchased Nocona Donuts as an expansion. Both Ted and his wife work full-time as owners/employees and are at work at 3:00 a.m. every morning to ensure all donuts and kolaches are made fresh for the morning customers. Ted brightened up the place with vivid yellow and orange colors and made sure the children had a pint-size table to sit at and enjoy their donuts. SBDC was introduced to Ted by Nocona Economic Development and has been helping Ted by providing him with industry information including trends affecting Doughnut Stores. “I really appreciate the information the SBDC has given me. It is very helpful to design my future business plans. I would like to continue getting useful information from the SBDC,” he says. Ted has also been interested in research needed to help him find other donut stores to purchase. SBDC has also counseled Ted as he adjusts to a different culture, as he came from South Korea, he has found the cowboy hats and western culture of Nocona to be very unusual. The BSDC has explained the various holidays to Ted and how they might affect his business marketing and hours. Ted has been encouraged to get involved in the small-town community to get to know his customers and establish business relationships. The SBDC will continue to support Ted by answering his questions and providing research to assist with future expansion and business decisions.
