|
|
Like this article? PLEASE +1 it! |
|
franchise Tagged Articles
|
Top 5 Reasons To Use A Franchise Consultant
| |
| If you're seriously considering franchising, perhaps you have a plan of surfing the net or reading some popular franchise magazines in order to find the one best suited for you. Or maybe you try to make this analogy: “I buy everything else on the internet these days, so I'm sure I can locate the franchise of my dreams there, too”. Sure, the web is clearly a wealth of information on every topic imaginable. But while it's a great place to shop for a pair of gold earrings or a new cardigan sweater, it's a lousy place to conduct an effective franchise search. Trying to find your ideal franchise using this strategy will, at best, completely overwhelm and frustrate you. |
|
|
Why Dr Jekyll would not be a good business buyer
| |
| We're all familiar with the story about Dr. Jekyll and Mr. Hyde; the person with two completely different personalities. Just as there are different types of buyers with different motivations, there are also buyers with different types of personalities. If you're planning on buying a business or if you own a business that you want to sell, here are some Dr. Jekyll "traits" that would discourage a seller revealing too much information about their business. |
|
|
The Advantages of a Franchise
| |
| I am fully confident in making the statement that there are many advantages to becoming a Franchisee in a good Franchise system. Of course, there are certain disadvantages as well, and each person must weigh their own dreams and desires in relation to what they want from their life. To many, the advantages will far outweigh the drawbacks. That’s why we have seen the domination of Franchising as a business strategy in the global marketplace over the past two decades. |
|
|
Franchise Opportunities – Fears That Drown Dreams – Instalment 1
| |
| Studies show that 70% of the people surveyed indicated that they had a desire to own a business. |
|
|
Thinking of buying or selling your business in the New Year, then start with your life plan
| |
| This article is the second in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Financial Plan?
| |
| This article is the third in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Business Plan?
| |
| This article is the fourth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Sales and Marketing plan?
| |
| This article is the fifth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Communication Plan?
| |
| This article is the sixth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Management Plan?
| |
| This article is the seventh in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Productivity Plan?
| |
| This article is the eighth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Technology Plan?
| |
| This article is the ninth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Performance Plan?
| |
| This article is the tenth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Disaster Recovery Plan
| |
| This article is the eleventh in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Exit Plan?
| |
| This article is the twelfth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Thinking of buying or selling your business in the New Year, how is your Transition Plan?
| |
| This article is the thirteenth and final article that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner. |
|
|
Franchise Opportunities – Fears That Drown Dreams – Instalment # 2
| |
| While there are certainly legitimate reasons why a person may not become an entrepreneur, I will focus on a few of the main reasons cited by people that would like to begin a business but haven’t made that leap. |
|
|
The Currencies of Trade
| |
| Every Franchise system should have a clear understanding of the following concepts. In addition, they should have a clear marketing strategy to help their Franchisees communicate to customers and prospects about how they will deliver these currencies as they operate their Franchise. |
|
|
Buying a Franchise | A Small Business Start Up Franchising Primer Guide for Franchise Development Beginners
| |
| There are key components involved with buying a franchise and starting a business. The journey begins with a mind set that you will not be buying anything but rather investing in yourself with a concept to help achieve your goals. Investing in your future requires planning and honesty. Begin to think ownership thoughts as soon as possible and act accordingly. Design Build your idea with the end in sight. |
|
|
10 things to expect from your business intermediary
| |
| Buying or selling a business comes with personal emotional and financial risk as well as the complexities of finance, accounting, tax, negotiation and legal items. Having a professional agent or intermediary to help “quarterback” and manage the variables is good business. Here are some attributes to look in the intermediary that you choose. |
|
|
11 reasons to reject the recession and grow your business
| |
| Watching CNN, CNBC, MSNBC and the other media you keep hearing about the “green shoots” in the economy. This can be seen with things like the Federal Stimulus program beginning to gain momentum, clear direction with the resolution to the bankruptcies of GM and Chrysler, the level of fear about the economy subsiding, housing sales starting to stabilize and unemployment stabilizing. So it’s time to put the recession behind us and get on with it. |
|
|
5 guaranteed ways not to sell your business
| |
| Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 ways a business will NOT sell their business no matter how hard they try. |
|
|
5 more guaranteed ways NOT to sell your business
| |
| Selling a profitable and attractive business is always a complex process. If you own a business and wish to sell, make sure you understand that what you say and do will affect the outcome. This is the second of three articles. The first is called “5 guaranteed ways not to sell your business.” The third is called “5 things to avoid when trying to sell your business.” |
|
|
5 things to consider if selling your business
| |
| Selling a business requires not only preparing the business for sale, but also what you do as the owner. The following are 8 tips for you to consider if you want to successfully sell your business. |
|
|
5 tips to use when selling your business
| |
| Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 suggestions for a seller to use when approaching the way to sell their business. |
|
|
5 traits of a successful entrepreneur
| |
| Entrepreneurs come in all shapes and sizes including diverse social, economic and education backgrounds. There is no “guaranteed” path to being a successful entrepreneur but this article suggests there are five traits they generally have in common. |
|
|
6 questions to answer bluntly to find out if your business is in a crisis
| |
| Is owning and operating your business in this current economic climate getting you down? Not sure what your next steps should be? Not sure if you have options? The first thing is to know where you and your business currently stand; which is the purpose of this article. Once you know that answer, dust off your business plan, refresh it and review your next steps from an informed position. |
|
|
8 tips to consider when selling your business
| |
| If you are planning on selling your business and your motivation is high, the following tips may help you. Be careful that your desire to sell your business does not come at the expense of making a decision too quickly or indeed being pressured into something you may not normally consider. |
|
|
Buying or selling the Perfect Business
| |
| Buying or selling a business comes with many variables. The seller brings their perspective of knowing the business “like the back of his hand” as they are responsible for growing and maintaining the business. The buyers bring new enthusiasm and ideas with a mixture of trepidation and excitement. Finding the right business is generally a major challenge. If a seller and buyer can come together with as many of these items aligned, they have a much greater chance of success. |
|
|
Caveat Emptor – Let the “seller” beware
| |
| Selling any business is rarely an easy and straightforward process. There are many things to contend with such as employees, customers, landlords, lenders, suppliers and may be others such as a franchisor etc. However, there is also unknown an opportunist that may be interested in your business and it’s important you know about them. The Latin phrase, Caveat Emptor normally applies in the law that a buyer needs to be careful before they make a final purchase decision. The same applies in this case, Let the “Seller” beware before they accept an offer to sell their business. |
|
|
Eight reasons a business does not sell
| |
| Selling a business contains many moving parts. It’s not just the buyer(s) but also the family and friends, employees, landlord, suppliers, lenders and many others that demand attention or require working with. |
|
|
Is business ownership right for you?
| |
| Business ownership is an option many refugees from Corporate America are considering. Unemployment is high and growing so owning your own business to control your future is a great option. But where do you start? This article covers some suggestions to get you started. |
|
|
Seven growth industries to consider if you are starting a business
| |
| If you are planning on starting or buying a business, it makes sense to consider a business in a growth industry. This article outlines seven industries that are doing well, despite the recession. |
|
|
Starting a business...let's start with you
| |
| If you're buying a franchise, starting a new business or buying an existing business it's difficult to know where to start. This article suggests you start with yourself. Read on to find out more.
|
|
|
Starting a business…Look before you leap...no really!
| |
| Are you a "forced entrepreneur?" Just in case you were wondering, a "forced entrepreneur" is someone that's been happily working in Corporate America until that pink slip arrived. So you're highly skilled, highly motivated and thought you would easily get a job somewhere else...but you're not sure that's what you want to do? Perhaps becoming an entrepreneur is where you would really like to go but are not sure where to start. This article helps address that dilemma for you. |
|
|
Starting a business…what are my options?
| |
| This article discusses the options available to a new entrepreneur planning on entering business ownership. It explains a new entrepreneur has three options and how to consider which option is best for their situation. |
|
|
Starting a business...what options are available?
| |
| Over the last 2 years, Corporate America has not been kind to it's employees. Perhaps that's the wrong way to look at it. Maybe a better approach is that we only let things happen to us if we don't take action. Perhaps moving into business ownership is an action you need to take but are not sure where to start? This article suggests some options. The rest is up to you. |
|
|
Successfully sell your business...to the right buyer
| |
| If you plan on selling your business, it will help you to understand the different types of buyer. Each buyer who inquires will have their own unique reason to want to buy. Let’s find out what’s important to each type so you are better prepared. |
|
|
The Power of Seller Finance to sell your business
| |
| Selling a business comes with many challenges. The number one reason most transactions don’t close after a buyer and seller have “negotiated” a deal is that the landlord cannot come to terms with the seller and/or buyer.
The number two reason is that finance is not available.
|
|
|
Tips to successfully buy or sell your next business
| |
| Whether you’re buying or selling a business it is never a neither simple nor straightforward process. Not only are there disclosures and laws to follow, but both parties are working with known other parties such as a lender, landlord, franchisor, accountant, financial planner or attorney to name a few and so it’s unknown how each of these parties will respond. The Golden Rule is to put your feet in the shoes of the other party. It won’t solve everything but hopefully it will allow you to understand “their view of the world.” |
|
|
Why entrepreneurs adjust their thinking when business failure is not an option
| |
| A true entrepreneur only sees opportunities and the chance to make a lot of money. In a down economy they see it as the time to build greater knowledge, strength and resources to be ready for the inevitable upturn in the economy. However, we if we are not wired like the true entrepreneur we need to remind ourselves of what it takes to keep going and get to the next level. |
|
|
Money for starting a business
| |
| Getting the money for starting a business is a stumbling block that many budding entrepreneurs face at the out set.
The first question to answer is should I buy a business or set up a business from scratch with each route having its own complications from a fund raising perspective. If you are starting out from scratch you have the added problem that you have no track-record in business and the business itself will have not trading history.
However, if you are looking to buy a business or perhaps set up a franchise then this is a slightly different proposition in that and existing business will have a trading history and franchise are liked by banks because they are a know quantity. You do still have the slight problem that you have no business track record, but this can be overcome with a sound business proposal. |
|
|
Investing in a Part-Time Franchise
| |
| If your lifestyle is such that you have difficulty in working full-time, a part-time franchise business may well be a good option for you, especially for those with a young family or other personal commitments. I look at a few types of part-time franchise and how best to make informed choices when taking on a franchise. |
|
|
Franchise Advisory Council
| |
| Franchise advisory councils will typically hold meetings to discuss possible bumps in the road before things get too rocky. This could be to address complaints by the franchisees or to concerns that the franchiser might have. Potentially this could cover everything from force shipping by the franchiser to possible quality assurance issues and all points in between. The council will listen to these and issue mandates to address issues. A lot of franchise advisory councils are made up of a representative body of franchisees. They have the specific mandate to: |
|
|
Lining Up for McJobs
| |
| Fast food franchises are often criticized for offering demeaning dead-end jobs with low wages. But is a "McJob" really something to be sneered at? |
|
|
Opportunities in Real Estate Franchise Business
| |
| Real estate franchises stand to be one of the most popular franchise groups for 2010. After being aversely effected by the problems in the subprime market, not to mention the global economic recession, the real estate franchise sector is re-emerging as a blue chip investment for those interested in selling property. |
|
|
Important Tips for Starting a Part Time Franchise
| |
| We’ve all dreamed about it – having a job that allows us to make a substantial income whilst having a flexible lifestyle. This is achievable with a part time franchise. |
|
|
Franchise Ownership Provides Competitive Advantages
| |
| “In business for yourself, but not by yourself” – that’s a common adage used to describe the advantages of franchise ownership. And there is real validity to that statement |
|
|
Home Based Franchises and Flexible Business Opportunities
| |
| If you want to save yourself the hassle of a commute and desire a flexible schedule, your own business and, if applicable, the ability to be a stay-at-home parent, home based franchises will give you a world of possibilities. |
|
|
Low Cost Franchises – Investing in Business Ownership
| |
| Although most people think that franchise ownership requires a large investment, that is not really the case. According to the experts at Franchise Direct, one of the world's leading portals for franchise and business opportunities, there are many franchise businesses available at significantly less cost than typically associated with big name brands, like MacDonald's. |
|
|
Buy a Business, Start a Business or Buy a Franchise?
| |
| Should you Buy a Business, Start a Business or Buy a Franchise? Which is best for you? What are the pros and cons of each choice? This compact chart will help with your decision making. |
|
|
Franchise Your Business In India
| |
| What do businesses/companies seeking to franchise in india need to understand?
I am listing out a few components of the pieces of franchising they need to be aware of whilst franchising their businesses.We come across entrepreneurs everyday advertising their businesses and seeking franchisees, without being structured.Additionally on the other end we have international companies seeking entry into India and they generally have a clear mandate as to how they would want to go about expansion.The challenge is then to merge that requirement into what could work practically in the markets.What a individual businessman or a company seeking to develop franchise, need to put in place even before they started looking at their first franchise.Hence I am putting in a few basic points of franchising in India which could serve as a cursory. |
|
|
What is a franchise? Can anyone start a franchise?
| |
| Are you consirdering starting your own business? If so here is some advice on how to choose the best business opportunity suited to your own needs. |
|
|
How to Achieve Franchise Financing Success in Canada
| |
| The article is an overview and ' how to ' re: franchise financing in the Canadian business environment, with applicable strategies and ' must do's. |
|
|
Investing in a Franchise: 3 things to consider
| |
| Avoid three common mistakes when investing in a franchise. We give some helpful tips to help you invest wisely and make the most of your franchise business. |
|
|
5 Things to think about when Researching A Franchise
| |
| Franchising appears to be a minefield, so how does one sift the good from the bad? Some basic checks can help avoid many of the pitfalls and get you well on your way to starting a new business. |
|
|
Advantages of Investing in a Franchise
| |
| Many are currently looking at franchise businesses and weighing up the pros and cons. In this article we consider the advantages of taking on a franchise business over conventional self-employment. |
|
|
Buying a Computer Franchise
| |
| With the rise of the internet and increase in technology, computer franchises are becoming a more and more popular option. This article looks at what options are available and what to consider when buying a computer franchise. |
|
|
What is the Perfect Franchise Opportunity?
| |
| This is a very commonly asked question but is there a simple reply? To answer this we need to look more deeply into what is behind this type of question and to what is really being asked. |
|
|
Do You Have What it Takes to Be Successful as a Franchise Owner?
| |
| Franchising can offer you a wonderful opportunity to be in business for yourself - while providing the training, systems and support you need to be successful. But it takes the right sort of person to be a franchisee. Do you have what it takes? |
|
|
4 personality traits to watch when selling your business
| |
| Just as there are different sellers with different motivations, there are also buyers with different types of needs and personalities. If you’re the seller of a business or looking to buy, understanding these different personality types may help you be more successful. |
|
|
9 strategies to successfully sell your business
| |
| To successfully sell your business, there are 9 important areas to consider before selling. They range from creating a team to support and help, goals to achieve, tax responsibilities, income necessary, different legal matters to consider, etc. |
|
|
Franchise Information Sources
| |
| There are many good sources of information about franchise opportunities. For most people, the process that makes the most sense is to first make sure you understand the business model of franchising. After you’re clear on what franchising is all about, then you can try to identify industry segments that may be of interest to you. Finally, you can research individual companies to see which ones match best with what you are looking for in a franchised business opportunity. |
|
|
5 tips to successfully sell your business
| |
| Here are 5 helpful tips to consider when you're thinking of selling your business. There are many factors involved and things to think about because they can easily go overlooked. These tips will help you get on your way to successfully selling your business. |
|
|
10 Tips to Selecting a Franchise Business
| |
| Its a daunting task when you look at the many franchise opportunities available. Here are 10 helpful tips to help you evaluate the options available and to help you find the right franchise for you. |
|
|
Avoid these 5 mistakes when trying to sell your business
| |
| Often times little things can get in the way of selling your business- things we don't think about or have little time to think about. Avoiding these simple mistakes can help in the process of being successful when selling your business. |
|
|
FRANCHISE SELLING TIP: # 1
| |
| TOO MUCH OF A GOOD THING? |
|
|
Wanting to start up a Work from Home Franchise Business?
| |
| Many people consider Working from Home as a route to a better lifestyle with the advantages of being able to manage your own timer. However, it can also come with many challenges. We consider the main qualities which can be useful when running a business from home and look at the differences between conventional self-employment or running a home based franchise business. |
|
|
Management, Can You Help Me Here?
| |
| In business, you want a clear picture of what is going on. Let's just take it step by step and look at a business. Hospitality and lodging properties have as many challenges as any other business. Most see the show from the audience, not seeing the work backstage. Monitoring lodging assets requires skill, knowledge and some artistry.
Let's take a close look at management services. What are your needs, right now, for interim and extended on-site management?
You may want to look at the franchise and management company relationships and determine what is in the best interest of the business you are in.
Establish financial monitoring and contols, maintain accounting and cash control. This is your lifeline.
|
|
|
10 Tips for Researching a Franchise Operation
| |
| Ten questions you need to ask before deciding on a franchise operation. |
|
|
Understand your tax position before selling your business
| |
| It is important to know and understand where you stand with your taxes- your tax position, especially when you're thinking of selling your business. These are a few steps to ensure you know your tax position and are able and ready to sell your business. |
|
|
True Confessions: What It's Really Like to Be a Franchisee?
| |
| But this year you're really serious-whether it's because your boss is getting on your nerves or because you're just feeling the urge to be your own boss.
|
|
|
How To Start A Home Based Franchise Opportunity Business
| |
| So how does one start a home based franchise opportunity business? Well when you think of a franchise, what’s the first thing that comes to mind? Probably something like buying a Subway, McDonald’s, KFC, Dairy Queen, Pizza Hut, etc…
Well all those are proven and profitable franchise opportunities. In fact some wealthy people do very well with these, but the keyword is “Some”. You see there are some things about starting these businesses, that most people just aren’t aware of… |
|
|
Nothing Happens Until Somebody Sells Something
| |
| Every successful businessperson knows that nothing happens unless somebody sells something. And every successful sales professional knows they must do the following to achieve success: 1. Prospect for new customers; 2. Ask for referrals; 3. Set attainable yet challenging goals. |
|
|
The Simple Concept of Listening: a franchisee simply wants to be heard.
| |
| Listening. It’s a simple concept. |
|
|
The Transparent Franchisor: Five rules for being a transparent franchisor
| |
| 1. Think of your franchisees as investors 2. Facilitate the forum 3. If you’re not a part of the conversation, you’ll become the subject of it 4. Act, don’t react 5. Secrecy is dead |
|
|
When Should a Franchisor Export Their Franchise?
| |
| At some point in time, franchisors will start receiving inquiries from international prospects. For new and smaller franchisors an interest in their franchise from other countries can be flattering. The thoughts of having franchisees in other countries can conjure visions of new found profits with a touch of prestige. Mature franchisors who have sold out a good portion of available territories in their home country see foreign markets as a great opportunity. However, whether a franchisor has 50 or 500 units the decision to take the franchise international is an important decision. |
|
|
Buying an Investment Franchise Business Opportunity
| |
| An investment franchise is one that normally calls for a solid amount of investment that may involve a while to realize a benefit. You could consider all franchise businesses an investment in one sense since all will require some form of initial investment in order to get started after which you can look to pay it back as the business becomes profitable. |
|
|
How To Sell Your Franchise
| |
| Its been estimated that franchisees put their business up for sale within 5 years of ownership. Learn about the important steps you'll need to take before listing your franchise for sale. |
|
|
Using The Web To Explore Franchise Businesses
| |
| Historically, researching a potential business opening used to be a meticulous exercise made of reading of hard copy media and magazines, newspapers, getting hold of brochures, attending franchise exhibitions and alot of time spent with your ear stuck on the telephone! In the Internet age, a whole lot of this information is now accessible on the web and can be examined and considered in some number of various ways. |
|
|
THE HISTORY OF FRANCHISING
| |
| A brief overview of the history of franchising throughout the years, starting with the Catholic church, to the first business to franchise and onto the growth of franchising in the 1990’s. |
|
|
WHY DOES FRANCHISING SUCCEED?
| |
| The reasons why franchising is successful. |
|
|
5 Sins of a Startup Retail or Franchise Business
| |
| The DO NOT parts of starting your own business. |
|
|
Franchise Alternative
| |
| When it comes to self-employment, people often wrestle with the decision until their heads hurt. If you find yourself in that situation, consider the two examples below as you begin to answer the difficult question of "should I be self-employed and what business is right for me?" |
|
|
Top American Franchise: A Look into Pizza Hut and Your Success!
| |
| A brief look into the financial commitments of a future franchisee of Pizza Hut. |
|
|
Lesson #2: To Make the Dunk You Need to First Take the Jump
| |
| “The trouble in America is not that we are making too many mistakes,” says Knight, “but that we are making too few.” |
|
|
Lesson #5: You Are Never Too Small To Get Started
| |
| Some entrepreneurs think that they need to wait until they get that one angel investor to come along for them to be able to start up their business. Others believe that until they get an office of their own, or perhaps even some part-time assistance, that they will never be able to get their business off the ground. But, if there is one important lesson to take away from Sanders’ experience, it is to get real and get started already. |
|
|
Harland Sanders Quotes
| |
| Harland Sanders Quotes |
|
|
Jenny Craig Quotes
| |
| Jenny Craig Quotes |
|
|
Copying Success: How Orfalea Turned Paper into Power
| |
| “Keep your nose in the window long enough, and they are going to let you in.” That is Orfalea’s advice to up and coming entrepreneurs; he got in and he has not looked back since. But how did his hyperactive dyslexic who flunked two grades in school turn his condition into a recipe for success? |
|
|
The Man Behind the Music: The Early Years of Simon Fuller
| |
| In the quarter century that he has been doing what he does best, Simon Fuller has become arguably the most successful British music manager in history. He has managed everyone from the Spice Girls to David Beckham, and continues to work on creating new stars in the entertainment industry. With millions of records sold around the world and a burgeoning television franchise under his belt, Fuller has cemented his place in music history. |
|
|
How Franchisee Start-ups Can Accelerate Sales Growth
| |
| A critical time in starting up a new franchise is the first 90 days. Franchisees that get off to a fast start increase their probability for success and faster sales growth. Here are five tips for getting your new franchise off to a fast start. |
|
|
There are so many opportunities how can one choose?
| |
| Every time I lead a Dreaming Room® this question comes up. It’s usually asked by someone who has difficulty making up his or her mind. Who is so overwhelmed by the flood of thoughts that run through the mind as to be completely incapacitated by the sheer weight of them? At least that’s how it feels when you’re inside that person, as we all are from time to time. I call it the Reluctant Entrepreneur. I talk about that syndrome a lot in my latest book, E-Myth Mastery: The Seven Essential Disciplines for Building a World Class Business. |
|
|
Selecting a Business Franchise for Sale
| |
| Considering a business franchise can seem a daunting prospect. We look at what makes a business franchise and offer some tips for those considering a franchise business to enable them to make informed decisions. |
|
|
Am I Ready to Purchase a Franchise?
| |
| The first step to jumping into any new business is to determine your objective. What do you want in life? Are you content working for someone else? Do you simply want to own your business for financial indolence sake or do you have a very specific dream you want to build? What are your skills that you will bring to your business? Some people will answer these questions and find that though they are tired of working for someone and want to become financial independent they do not have a business plan. |
|
|
Franchising your Business? Start with a Financial Model
| |
| Individuals looking to franchise their business should start the process by building a realistic financial model. This article provides a blueprint for franchising a business with an emphasis on the importance of using a realistic and conservative financial model. |
|
|
What can I do if I cannot sell my business?
| |
| There are many things you can do if you cannot sell your business. This article outlines a few, like selling any excess items for cash on eBay or Craistlist, selling your business with assets in place or getting an equipment appraisal to value your assets. All of these and more are options if you find you cannot sell your business. |
|
|
Franchise Business: No experience? Not a problem!
| |
| Unlike traditional business models where experience in a certain job or industry can often be an advantage, buying a franchise often requires no previous experience. We look at how a franchise works and how having no experience may actually be an advantage to becoming a franchisee in some cases. |
|
|
Introduction to Franchising - Mash Bonigala
| |
| Starting up a small business takes money, time, and skills and luck to succeed. What if you could put your money, time and skills into a business that has already been proven to succeed? In a very simplified nutshell that is the purpose of a franchise. Franchising allows you to take a proven business that has already obtained name recognition and use their products and services to build your own business. You pay a fee to that business, and pay royalties on your profit. In return you have a license to use their name, trademarks, and products, along with their proven business system. |
|
|
TYPES OF FRANCHISE SYSTEMS
| |
| TYPES OF FRANCHISE SYSTEMS |
|
|
FRANCHISE PSYCHOLOGICAL TESTING
| |
| FRANCHISE PSYCHOLOGICAL TESTING |
|
|
7 Best Practices for Facebook Pages for Franchise or Small Business Owners
| |
| Whether you're a small business owner or you've bought in to a franchise, setting up a Facebook Page for your business can seem easy yet daunting. Many business owners just don't know how best to get started, how to navigate their Page, how to set up a vanity URL and how to market it. In this article, Sally Witzky offers 7 best practices for your Facebook Page to help the small business owner avoid some pitfalls that others have made as well as to ensure awareness of Facebook insights and analytics, which are available to the Page Administrator. With these tips, the small business owner is sure to get on the right road in getting started in creating and promoting their Facebook Page. |
|
|
10 Profit Prodders For You In Your Franchise
| |
| A statement I'm fond of goes something like this "It takes the right message, from the right person at the right time..." for something to resonate with you and make a difference to what and how you do it.
It may well be the same statement or message you have heard over and over again that now does it for you, but you actually haven't really 'listened' previously. In actual fact you may not have also been 'ready' to receive that message. Ten Profit Prodders may be the right message at the right time and I may well be the right person for you.
|
|
|
If I am thinking of selling my business, where do I start?
| |
| Knowing where to start when selling your business can be hard to figure out. When selling your business, it’s important to consider a few things first: what assets come with the business? What fixtures, furniture and equipment are included and how is the inventory? Asking yourself these questions and addressing them first can ensure success when selling your business. This article explains each of these in greater detail to help when figuring out where to start when selling your business. |
|
|
Why Franchising
| |
| What are the benefits of buying a franchise vs. starting a new business? |
|
|
Today’s Franchise Trends
| |
| If you want to learn which franchise opportunities are selling best today, this article will provide you direction and where the trend are most active. |
|
|
Franchise Financing Sources
| |
| Today is a challenging time to find financing for new business ventures. Franchising is proving to be somewhat more attractive to banks than traditional start-ups. However, being creative is most important to produce financing results quickly, here are just a few ideas on how to be creative. |
|
|
Solving Your Hiring Dilemma
| |
| Hiring new employees in your new franchise can be a stressful experience. |
|
|
FRANCHISE SELLING TIPS: # 4
| |
| FALSE VERSUS REAL OBJECTIONS
When "selling" Jantize America franchises, you will constantly be encountering false and real objections. If you give up with the first "false" one you receive from a prospect, you are not only possibly losing a great Master franchisee for Jantize America, you are doing your prospect a great injustice....
|
|
|
Why an appraisal is critical to a seller when selling their business
| |
| When trying to sell your business, getting an appraisal is beneficial for a number of reasons. Understanding what assets are part of the sale, removing any personal items that aren’t for sale and deciding the worth of your business with a professional ensures success when trying to sell your business. This article outlines the benefits of an appraisal and why it is critical when selling your business. |
|
|
Are Franchises the Answer to Starting a Small Business?
| |
| Many feel confident when starting business when they purchase a franchise. Franchises have systems in place that are tried and tested. They have a proven track record and therefore people think that there is less likelihood of failing. All they have to do is follow the system and success. All too often success is not achieved.
|
|
|
Franchising as a way to Expand an already Successful Business
| |
| For a small to medium sized business, the issue of further expansion can be a challenge that many face. Franchising can present a solution to many businesses who find themselves in this position. We look at some aspects of franchise development for business growth. |
|
|
Benefits of Seller Finance when selling your business
| |
| There are various reasons why it is important to consider seller finance when buying or selling your business. There are upsides and downsides to seller finance and both are worthwhile knowing. This article outlines both, and shows that seller finance can make a big difference in the end. |
|
|
Could this be the time to start a franchise business
| |
| "Timing is everything" you might have heard it said. Many will agree with this especially in starting up a new business opportunity. We look at how timing may not be such of an issue when it comes to starting a franchise business. |
|
|
5 alternatives to Seller Finance when selling your business
| |
| There are many things for both the buyer and seller to consider when selling or buying a business. The five options in this article deal with seller finance and will help ensure success when dealing with your business. Some topics include: sellers credit, earnings, inventory and real estate. |
|
|
5 more seller finance options to consider when selling your business
| |
| This article offers five more reasons to use seller finance when selling your business. These options are less known but as effective in ensuring success when making a business transaction. A few options include license agreements, consulting agreements and different kinds of insurance. |
|
|
Yontrakit JV serves niche market for Mitsuoka cars Franchise
| |
| The little-known Japanese auto company Mitsuoka Motors, a specialist in painstakingly handmade cars, and the Thai auto franchisee, Yontrakit Corporation have announced plans for a joint venture. The new entity will produce the Mitsuoka niche car brand in Thailand. The two companies will sign a franchisee agreement next Wednesday at a Bangkok hotel, said a statement from Yontrakit. Yontrakit apart from Mitsuoka, is also runs car dealerships for Audi and KIA. |
|
|
Easy Bill Franchise to expand to 15,000, nationwide
| |
| Easy Bill is an initiative of Hero Group to make billing easier. The company has plans to expand its centres to 200 cities within the next two years via franchise route. At present, the company has expanded to approximately 50 cities pan India. |
|
|
How a business transition plan enhances selling your business
| |
| One successful way a business owner can start to sell their business is to create and execute a transition plan. Such a plan defines the needs of the business owner and then helps them to move towards their individual outcome. Starting here ensures success when a business owner decides to sell their business. |
|
|
Jaya Shree Textiles plans expansion
| |
| Jaya Shree Textiles, a unit of Aditya Birla Nuvo, plans to expand its retail network by opening exclusive brand outlets via franchise route. |
|
|
Are You Ready For A Franchise
| |
| Determining if you are ready for a franchise could easily be a “defining moment” in your life. Are you ready for a franchise? |
|
|
Franchise Resales
| |
| What happens when an existing franchisee decides to sell? |
|
|
Know YOURSELF to Choose A Right Franchise Opportunity
| |
| Often when someone talks to me about franchising they will ask, "So, what are the hot franchises these days?" My answer is usually this, "The ones that most closely align to the new franchisee's personality and passions and are in a franchise system that aligns with their beliefs about what the right business culture should be."
So let me ask, are you one of those who think a franchise’s success is the primary reason to buy a franchise? In other words do you think since they are successful I should consider becoming a franchisee in that particular business, that particular brand?
If you’re looking to become a franchise then you are likely to think just that way.
Don't!
“Hey, if it makes money for others, it’ll make money for me.” |
|
|
Finance options when looking at Franchise Business
| |
| If you're trying to get financing for the start up of a franchise business, there are many methods to explore. We look at some of the options available. |
|
|
Business Loans: Financing Your Franchise
| |
| Franchises are a great way to jump into business. They have proven business models, strong brand awareness and a wealth of information that takes years to build. But, financing a franchise still remains tight in this economy; here are some tips. |
|
|
Be Wary of the Passionate Franchise Founder
| |
| When visiting a franchisor's headquarters franchise candidates look forward to the opportunity to meet with the person who founded the franchise. However, it's important that franchise candidates keep the enthusiasm, often demonstrated by the founder, in proper perspective.
The founder of a franchise can be the most important single individual to meet during a Discovery Day visit. However, prospective franchisees need to avoid being overly swayed by the passion these entrepreneurs can exhibit.
|
|
|
Franchisors Should be Careful When "Selling" a Franchise
| |
| Franchisors should avoid the aggressive "selling" of a franchise; they should direct their efforts into providing prospective franchisees the information needed to make an educated and well informed decision. Learn why this is important.
|
|
|
What questions should I ask when buying a business?
| |
| There are many questions buyers typically ask when thinking of buying a business that include the level of sales, qualifications and motivations of the employees, questions about landlord and suppliers. While these questions are helpful and appropriate, this article offers some more questions that will help in the decision of buying a business. |
|
|
FranchiseKnowHow Spotlight Franchise
| |
| Red Mango Yogurt is the Real Deal. An interview with James Frank Vice President of Franchising. |
|
|
Why Start a Health Care Franchise Today?
| |
| Provides info about the top reasons why it is a good time to start a health care related franchise business, |
|
|
What do I want to know when buying a business?
| |
| Before the seller of a business and a new buyer come together for the first time, there are a few things that should be considered. The buyer has a few steps to go through first: learning and understanding the buying process and understanding how much personal capital to invest. Following these and other steps ensures that the buyer is on the right track to owning their new business. |
|
|
Footwear Major Woodland to franchise internationally
| |
| Feb 16, 2010: Footwear and apparel player Woodland will open exclusive stores in select foreign markets later this year, marking its foray into single-brand retailing overseas. The company, according to its top official, would be using the franchise route for its international expansion. The home-grown brand is in advanced stages of negotiations in some markets like the Middle East, South-East Asia and Sri Lanka for selecting local franchise partners and said it will have three to four exclusive outlets abroad by the year-end. At present, Woodland is present in over 600 multibranded outlets in the Middle East, Singapore and Thailand. |
|
|
Business Opportunities That Kick Butt and Makes You Cash!
| |
| With so many business opportunities people have no idea which one will make them the most money and help accomplish their dreams. Unfortunately most people lose money rather than make it and dig themselves deep in debt. But you can avoid this. Just read this article to discover business opportunities that kick butt and make you tons of cash. |
|
|
Franchises - Emotional Fulfillment - The Challenge
| |
| If you have trouble shifting your seat to the upright position for take off every morning, you should probably see if there's a better flight crew to help get you where you really want to go. Perhaps a Franchise is the answer, and perhaps it's not. However, until you ask these tough questions, and answer them with conviction, you won't know whether you have the possibility of leaping out of that rut, and over the Chrysler building in a single bound. |
|
|
Network Marketing - The New Way To Your Ultimate Business
| |
| The essential reasons why network marketing is taking the market and changing the face the way business will be conducted in the future. |
|
|
What Prospective Franchisees Are Looking For
| |
| This article gives an overview of a recent FRANdata survey about what potential franchisees are looking for in a franchise. |
|
|
Transition From Profession To Business - Exploring Your Career Alternatives
| |
| Are you a professional-perhaps in the ever-changing health care field or a similar area of interest? If so, have you given much thought to how you'll make the transition from practicing your profession to enjoying the later years? As crazy as things are these days, perhaps it's even worth seriously thinking about alternative income streams sooner rather than later, even if the traditional idea of retirement is nowhere near your vision for the future. This article outlines the options available to professionals in transitioning to successful business ownership. |
|
|
What to Expect When Starting a Business
| |
| What is the biggest problem in starting a business? What has the American education sytem taught us about owning a business? This article gives the author's take on what is the most important aspect for working people to understand when starting a business. |
|
|
SEO is for YOUR Franchise-5 Tips For You Use
| |
| Everyone has heard of it by now. Very few know how to use it and I suggest that many franchises are still missing out on a major marketing process by continuing in the dark ages by ignoring it. I am talking about Search Engine Optimization.
Search Engine Optimization or SEO is a powerful Internet tool aimed to increase brand, product and service visibility and your business presence on the web. Since the Internet is now the primary source of information and goods for multi-market and Top 100 regional market companies and service providers, it only makes sense to be as visible as possible in order to attract and meet the needs of your prospects, clients and customers. |
|
|
NAKS - Spreading Knowledge
| |
| The NAKS have started their new chain of preschools in the country and decided to take in all around the country by this month end. The first preschool named ‘I Play I Learn’ was started this April and has gained popularity in no time. |
|
|
Non-Traditional Sites For Franchises
| |
| This article explains how some franchise systems are using non-traditional locations to boost sales and royalty streams. |
|
|
Leadership is about the Leader's Character
| |
| Regardless of your industry, here are some leadership virtues that you want your employees to be able to imitate in you |
|
|
SME's - a solution for Africa
| |
| Building sustainable SME's in Africa is tough. It can be done like this. |
|
|
Home Based Business Franchises On The Rise
| |
| For decades, franchises have been a staple of the American economy, but the barrier to entry has typically been several hundred thousand dollars (if not millions). Franchises offer the stability and success rate of a well known (and well proven) brand and business strategy, while still requiring and employing many of the entrepreneurial skills required to run a startup. |
|
|
Researching Franchises: The Importance of Interviewing Existing Franchisees
| |
| When researching franchise opportunities, it is very important to contact past and present franchisees to determine if the franchise is a good fit for you. This article gives an overview of some questions you should ask. |
|
|
Why Develop An Exit Plan?
| |
| This article discusses the importance of a well thought out exit plan and how its important to have an exit strategy when you start or purchase a business. It will save you time, stress and money down the road! |
|
|
5 tips when selling your business
| |
| A business for sale is similar to a house for sale in some respects but very different in others. Some helpful tips to consider when selling your business include: considering commercial real estate, how helpful a team of advisers could be in your journey to sell your business, what assets there are and that the value of all things included in the business are properly valued. |
|
|
Working Online - - Endless Possibility
| |
| Starting an Internet based business has never made more sense. Traditional brick and mortar is quickly becoming a notion of the past as entrepreneurs look at new ways of marketing themselves that get superior results. |
|
|
Franchise Opportunities - Seeking out the right one for you
| |
| A critical point of choosing a franchise business is identifying which type of franchise you are best suited to. We look at some key points to consider when going through the process of selecting the best franchise for you. |
|
|
How to Leverage Your Unique Brilliance with “Brand Multiplication”
| |
| Tired of working so hard to get your products sold? Do you have a proven concept, program or product that could be successful in new markets? Then you may be a candidate for a brand multiplication program (otherwise known as licensing, certifying or reselling your unique brilliance.)
Wi |
|
|
Keeping Your Distributorship/Dealership Offering From Being a Franchise or Business Opportunity - The Don'ts
| |
| A manufacturer of a product or a seller of distributorships/dealerships must make sure, from the inception of its program through sale and performance, that its program does not inadvertently become the sale of an unregistered and undisclosed franchise or business opportunity. Merely saying that you are not a franchise or business opportunity and calling your offering something else is of no help. To do this properly and effectively, you must know the elements of a franchise and of a business opportunity and avoid having these elements in your distributorship/dealership or other product sales program. Here is a brief description of the 3 "don'ts" to avoid the franchise laws and the 5 "don'ts" to avoid the business opportunity laws. |
|
|
Self-Employment: Could a Franchise be the right choice for you?
| |
| We look at some benefits of a franchise business as an alternative to conventional self-employment. |
|
|
Find out about a Consulting Franchise Opportunity
| |
| If you enjoy working with other businesses and are looking for a change in career, a consulting franchise business might well suit you. We look at the types of consulting franchise available and offer some helpful tips to help you make the right choice for you. |
|
|
Researching a franchise if you find yourself Unemployed
| |
| Finding yourself unemployed can be a disheartening trap to get caught in. We look at starting a franchise business to get back on your feet, as an alternative to regular employment. |
|
|
Run a Home Based Business with a Web Based Franchise Opportunity
| |
| An increasing number of people seem to be looking to work from home to suit their needs or lifestyle. We look at web based franchise businesses as a way to meet this need. |
|
|
Ideal Places to browse Franchise business Advice
| |
| Finding the right franchise business for you means knowing where best to carry out your research. We look at some of the best places to get the information you need to help you make an informed decision on your future business. |
|
|
Central Cottage Industries Corporation of India (CCIC) plans to open overseas franchise crafts outlet in China
| |
| Central Cottage Industries Corporation of India (CCIC) explores the possibility of opening a franchise showroom in the Chinese capital, Beijing, said the CCIC Managing Director Mr. MA Ibrahimi. Indian art objects, especially the Thangka paintings, and hand-made gift items are among the favorites of Chinese people, he added. |
|
|
Ways to Find Local Franchises
| |
| Location can be a crucial factor for any business. Not only might be dictated by best trading location for customers, it might also be dictated by your personal or family commitments in how far you can realistically travel to your work place. We look at some ways to find local franchise opportunities. |
|
|
If you thought recruiting staff was easy, try recruiting franchisees!
| |
| Recruiting franchisees is complicated. Franchisors are looking for a very special individual who has the drive to run his or her own business. And there are numerous other problems to overcome! |
|
|
Audi Franchise to further expand in India; eyes 30% of luxury car market, through franchising
| |
| Buoyed by overwhelming response, German luxury car maker Audi would increase its car dealership franchise network in the country and aims to grab 30 per cent share of the luxury car market by 2011, a company official said. |
|
|
Does Your Business Have What it Takes To Be A Successful Franchise?
| |
| There are 5 ‘Success Keys’ that must be in place if a business is going to transform into a successful franchise – Profitability; Uniqueness: Proven Sales and Marketing Strategies; Systematic Approach to Business; An Owner with Vision. |
|
|
Aromas Franchise Opens First Outlet at Hiranandani Powai, Mumbai
| |
| Australia-based coffee chain, Aromas has launched first café lounge at Hiranandani Powai in Mumbai. Aromas has tied up with Ideal Hospitality Pvt Ltd (IHPL). With a seating capacity of 90 people and a live kitchen, Aromas is spread across 2000 sq ft and offers ground coffee and teas from around the world. Besides, wine, pre cooked food and wine are also served. |
|
|
Importance of Terms When Buying or Selling A Business
| |
| Though the price is an imperative part of buying or selling a business, the terms of the deal are also crucial. This article shows some of the reasons why understanding the terms can help you when it comes to any business transaction. |
|
|
Franchise Your Business
| |
| Before you begin to franchise your business, it is important to consider its "franchisability." |
|
|
Will Your Prospect Franchise Work in Your Area?
| |
| Choosing the franchise that best suits your entrepreneurial needs and preferences can be challenging with the economic instability and the wide selection of franchise opportunities available in the market today. There are various factors that you need to consider to determine if a certain franchise meets your resources and goals. Your chosen location or franchise area also plays a very significant role in this process. |
|
|
Part-Time Franchises Recommended for Work at Home Moms
| |
| One of the best ways to secure financial freedom and to become successful in entrepreneurship is to buy a franchise. Franchises from various industries are immense in number, and these appeal to individuals who have different sets of skills and interests. Even though most companies require full-time attention, there are many opportunities for people who can only give a few hours each day or a couple of days a week to run and manage their own businesses. |
|
|
Chick-fil-A Franchise Information and Costs
| |
| Truett Cathy opened his first ever restaurant establishment in rural Georgia 60 years ago. In the year 1964, his restaurant came out with its first boneless chicken breast sandwich, which was named Chick-fil-A, which was eventually adopted by the entire restaurant chain. The Chick-fil-A franchise is also the first chain of restaurants that offered chicken nuggets to its patron diners. |
|
|
WHAT MAKES A SUCCESSFUL FRANCHISEE?
| |
| The success of operations of the franchisor lies more in selection of a suitable franchisee apart from a tried tested and proven system, feasible business plan, sufficient profit centres, and motivated employees. We shall discuss the traits that make a franchisee successful.
The characteristics that make an individual, a successful franchisee are that they are prepared to follow the franchisor's tried and tested system, are self motivated, prepared to work full time in the business, capable of managing people and ofcourse a good leader. |
|
|
Franchise Systems 101
| |
| If you are interested in the franchise world then this article is for you. |
|
|
Prescreening Franchisees
| |
| When you begin selling franchises, you will want to prescreen your franchise candidates. Here are some suggestions: |
|
|
Is a Franchise Business a Secure Investment?
| |
| Investing spare capital can be a good way of putting it to work in order to realise a return. We look at franchise business as an investment option. |
|
|
Finding Your Franchise with Confidence
| |
| Nigel Mayne explains how to build your confidence in the search for the right franchise for your first self-employed business venture. Here are some simple but vital steps to help you through the maze of choices and avoid any challenges to your future success. |
|
|
Entrepreneurship Part 2
| |
| If you can, there may be benefits in sticking to what you know. Learning by doing is an interesting process, but it can be a precarious one.
Whilst you are still at the “looking around stage” look at the unsuccessful as well as the successful businesses. There lies many a cautionary tale!. Thousands of new businesses fold because their owners did not establish or even identify either business or personal objectives.
|
|
|
How do I finance a franchise?
| |
| How to finance a franchise. Part quoted from various franchise experts all across the USA. Canada will benefit from learning from the successes of the USA franchise industry. |
|
|
Ethical Expectation You Should Expect From Your Business Broker
| |
| Some business brokers belong to certain associations that have a code of ethics for brokers to follow. These, along with their own code of ethics, help ensure business brokers are of value to a business seller and buyer. A code of ethics ensures that a business broker puts the needs of the client before their own when making a business transaction. |
|
|
Franchise Business can offer opportunities for a new future
| |
| Now and again we all think about making changes in our lives. Our career or job can be one such area, so we look at how a franchise business might provide new opportunities for those thinking about career change. |
|
|
The Successful Small Business Franchisee – A Solid Plan for Start Up.
| |
| While business ownership has traditionally been just a dream for many, franchising has opened the door for ordinary people to build up their own small business and reap the rewards. How does that ordinary individual cope with the challenges of a business start up?
|
|
|
A Franchise Or Network Marketing? Nigel Mayne Discusses
| |
| Small business entrepreneurs look for an investment opportunity to make it in their own business venture for a number of reasons. Most likely have to borrow to finance not only start up and initial fees costs, but also to cover working capital requirements for some time. Those new to self employment know they need a proven business model. How to steer clear of the unethical practises, moral traps, get rich quick scams and other fraud practised by a few bad apples in any business? |
|
|
5 Tips for Beginning a Successful Coffee Franchise
| |
| Chances are quite good that if you are beginning a coffee franchise that you have visions of successful endings and massive expansion swimming around in your dreams at night. These are good dreams to have but do not allow them to occupy your thoughts and dreams at the expense of the work at hand to grow your current coffee franchise business to the point of successful expansion and profit. |
|
|
Finding Your Passion and Earning in the Process
| |
| Do you know that you can actually earn from the results of your hard work in finding your passion? And that is not the only goal that you will likely get in the process. If you feel like you are stuck in your current job, you have to rethink your life and where you are taking it. You are the driver of your own vehicle and you decide where you will go. But you are only human so you must be open for mistakes and other challenges that life may bring along your journey. |
|
|
Common Franchise Myths
| |
| There are many myths and misunderstandings in the franchise industry. Today I am going to uncover and explain a few of the more common ones.
Whether you are buying a franchise tomorrow or are just starting your research today, it is important that you know what is real, what is rumor & what is opinion. |
|
|
Personal Mastery And Career
| |
| Personal mastery is not something that you can only to help you deal with stress and improve you confidence. Actually, it is possible to apply mastery into you career as well. There are numerous studies showing personal mastery to have impact on your everyday life as well as with working effectively. |
|
|
A Coffee Franchise by the Numbers
| |
| Franchises often make expensive partnerships though many people find them far less expensive than building a brand new business venture. There are still plenty of expenses that go into building a franchise that are often overlooked until too late. Before you even consider buying into a coffee franchise you need to sit back and take stock of your overall financial situation. Business is risky, even going the lower risk route of purchasing a franchise there is no small degree of risk involved that you will lose your investment and perhaps any collateral you had invested in your business venture. |
|
|
Finding Your Passion Even if You Are Already Old
| |
| If you are at the point in your life when you feel like you are already too old to pursue the route in finding your passion, stop the thought. No one is too old or neither too young to go where they really want to go. If you will surrender to defeat, you will never know what could have happened if only you have allowed yourself to take risks in order to attain what you heart wants you to. |
|
|
Personal Mastery And Effective Communication
| |
| Success is not only dependent on your own skill, proper attitude and effective communication are also important contributing factors. Personal and career mastery are can help a person a lot in improving their growth and development and succeed in a chosen field. Effective communication is not determined how well we speak in front of many people or how well we write documents, effective and good communication relies on how well people have understood us and how we expressed ourselves. |
|
|
How to Find Your Passion
| |
| Following your passion brings personal power and awakens you to the beauty of the world. It leads you to the heart of spiritual journey as it changes your thoughts, perceptions, and feelings. Finding your passion does not promise an easy life but rather a rich life open to hopes and possibility. |
|
|
Personal Mastery And Improving Your Confidence
| |
| Self- confidence is something that people find difficult to have. There are people who find low self-confidence influences the way they see themselves and their performance. Contrary to what most people think, self confidence is not something that only the gifted and blessed could have. With the help of personal mastery, individuals could now start building on their self-confidence. |
|
|
Understanding Your Strengths and Values: Key to Finding Your Passion at Work
| |
| Knowing yourself and feeling confident about yourself helps a lot in finding your passion at work. This begins with accurate understanding of your strengths and values – it’s what makes you feel good about yourself. The process starts by evaluating the factors that molded your personality – family, experiences, education, and trainings. Majority of your strengths and values can be determined even at young age. Some are product of your parents’ upbringing while some are product of unfulfilled needs you try to reinforce as you grow mature. Knowing your top top-five strengths and values gives you a template by which you measure choices in your career and personal life. Being successful at work means you can freely use all of these strengths as well as fulfill your values. |
|
|
Personal Mastery And Improving Your Life
| |
| There are a lot of people who have recently discovered personal mastery as a method that could improve their way of life and deepen their perspective and outlook What is personal mastery and how can it improve your life? |
|
|
Know What Really Matters and Find Your Passion
| |
| What are the things that really matters to you at work? How do you define success at work? Majority of the working people confess to experience a disconnection between having a job and doing what they are really passionate about. Many of these people are experiencing irregular sleeping habits, stress, and left for years wondering what really matters in their life. Since work is not just an eight-hour interruption of the day and you spend most of waking hours on it, it is important to start finding your passion and incorporate it in your job. Whether you like it or not, you are affected by choices you make at your job. How you act at work is often the most documented record of who you are, what you stand for, and what you believe.
|
|
|
Personal Mastery And Leadership
| |
| It is a responsibility of a leader to be a role model. How can leaders be great role models? Personal mastery can help individuals be a better person and also help leaders become role models. According to Peter Senge, “The core to leadership strategy is simple: to be a model. Commit yourself to your own personal mastery.” |
|
|
Popular Gurus Tackling About Finding Your Passion
| |
| There are so many leadership speakers, psychologists, spiritual guides, authors, writers and specialists that will guide and help you in finding your passion. It’s a lifelong journey they say and each person consciously or unconsciously is in constant struggle to this journey. Here are some of the popular gurus in the country which you can contact to attend discussions and self-improvement workshops |
|
|
Personal Mastery And Organizational Performance
| |
| Personal mastery is not something you can accomplish overnight. It is not just going beyond what you can do with your skills and talents. Personal mastery is how you understand and direct your life. For an organization to succeed, each person member of the organization has to be part of the organization purpose and make it their own personal purpose. |
|
|
Secrets on Finding Your Passion at Work
| |
| Finding your passion at work is the key to ensure lifelong happiness, contentment and good health. When you love what you do, it matters less how much money you have in the bank. You look forward each day that comes with zest and excitement. You feel your work and everything else in life is full of adventure, opportunities and satisfaction. You are at your best health, you sleep well, and you feel rejuvenated and inspired. |
|
|
Personal Mastery And Your Kids
| |
| Why is it important to teach personal mastery to your children?
Our children nowadays are the next generation. They would be facing a future that could hold immense possibilities and opportunities. But even with this bright future waiting for them, there is also a sad future waiting, a future where uncertainties and materialism can be prevalent. How can we prepare our children to face this kind of future. |
|
|
Things to Accomplish in Finding Your Passion
| |
| The meaning of success depends on the person who is asked to define such. For some, this all boils down in finding your passion. And once that is achieved, they already feel successful with whatever ventures they have decided to take. But this is not as easy as you think it is. |
|
|
Personal Mastery Principles
| |
| There are people who fully understand how important it is to develop their skill and know their strengths and weaknesses to be able to deal with their growth and development. Those who have known and developed personal mastery would be able to listen to themselves and maintain balance in their life. |
|
|
Vital Tips in Finding Your Passion
| |
| Some people take a lifetime in realizing what they really want to do and where they want to take their journey. It will be best if you will know the essentials in finding your passion while you are still young. This way, you will have lots of time to fulfill whatever you want to achieve and enjoy its effects and benefits as well. |
|
|
Stress And Personal Mastery
| |
| Stress is an emotional and physical response that we show towards different pressures from the workplace, school and other institutions. Stress reactions would include inability to focus, concentrate, headache and fast heartbeat. Almost everybody develops stress, but how we deal with it is important. Personal mastery is something that can be done to deal with stress. |
|
|
Ways to Help You in Finding Your Passion
| |
| It may be easy to say that you are ready to make certain steps in finding your passion. But once you have set your mind to do these, you will soon realize that nothing is really simple and easy when it comes to this. There are so many things to think about and issues to be settled before it finally becomes clear what you really want to achieve. |
|
|
What Is Personal Mastery?
| |
| Personal mastery is about approaching life from a different perspective. Sometimes people would refer to it as a journey towards continuous improvement. Personal mastery is guided with key principles like vision, personal purpose, creative tension, commitment to truth and understanding the subconscious mind. |
|
|
Put Some Additional Self Improvement Links to Your Site
| |
| As a Webmaster, you are forever searching for ways to make more money from your website. One of the better ways to do this is to add or link some self improvement concepts into the contents. |
|
|
Helping Your Consumers to Gain More Profits
| |
| Consumers are individuals or households that consume goods and services generated within the economy. Since this includes just about everyone, the term is a political term as much as an economic term when it is used in everyday speech. |
|
|
Pros and Cons of the Coffee Franchise
| |
| In the world of business and investing there are always pros and cons. The same holds true when it comes to investing in a coffee franchise or any other franchise for that matter. The problem is that far too few people sit down and discuss the pros and cons before jumping in with both feet. Before you make the final decision regarding your coffee franchise future it is a wise plan to take a step back and analyze the benefits and potential pitfalls of your business. The following information should help with overall pros and cons and you can add to your list with details that are specific personal preferences. |
|
|
Focus on Your Mental and Emotional side to Gain Self Improvement
| |
| Not everyone believes this but the emotional and mental aspects of a person, when combined, leads to better self improvement. |
|
|
Self Improvement Advice: Meditation
| |
| There are particular moments in life that when you wish you could depend on anybody’s self improvement advice. But even if they gave it to you with the best intentions, in case anything goes wrong, you are always going to blame those persons. |
|
|
What Are some of the Self improvement Products Available Nowadays?
| |
| One of the most effective learning tools available. In the fast paced world of today, finding time to read can be difficult. But it is easy to use otherwise wasted commuting and traveling time productively. |
|
|
10 Ways to Start Taking Control
| |
| At first glance, it would seem that positive thinking and Attention Deficit Disorder (ADD) have nothing to do with one another. But many of us with ADD develop negative thinking patterns because we become frustrated by our challenges and frequent feelings of being overwhelmed. This negative outlook then makes it even harder for us to manage those challenges and move forward. |
|
|
What Innovation Can Do to Your Life
| |
| It's a talent that everyone has, yet they think they don't. The power of innovation. If you've ever marvelled at somebody's creative prowess, guess what, you can create and innovate too. It just takes time. Everyone is born creative. The box of crayons in kindergarten were not limited to those who possessed potential; because the truth is, everybody has potential. |
|
|
Enjoy Your Life: Change Your Point of View
| |
| "Two men look out through the same bars: One sees the mud, and one sees the stars."- Frederick Langbridge, A Cluster of Quiet Thoughts
If you’ve placed second in a writing contest, will you jump for joy and push for better results the next time or will you be discouraged and find an excuse not to join again?
|
|
|
Things to Look for In a Coffee Franchise
| |
| Building a business isn't necessarily an easy task to pursue. Many people go the franchise route when building their businesses so that they may build upon the successes of others rather than learning things about building a business the hard way. A coffee franchise is a good business for most would be business owners. The problem is that very few who are interested in owning a coffee franchise actually put pen to paper and decide what they find attractive about the various coffee franchises that are available to them. |
|
|
Creative Notions
| |
| People seem to have the misconception that only a select few are able to unleash a steady flow of creative genius. That is not true at all. The fact is, creativity is very much like a muscle that needs to be exercised in order to consistently give out great results. If you don't practice harnessing creative thinking, this skill will very much atrophy into in-existence. But keep working and this skill will soon come to you in a snap. |
|
|
Creating Effective and Efficient Relationships
| |
| Relationships of all kinds are often perceived as very delicate things, that require extra effort to maintain. However, a relationship can also be something that can provide security and can also be long lasting despite many trials. |
|
|
Which Coffee Franchise is Best for You?
| |
| When it comes to the wonderful wide world of franchise business opportunities there are plenty from which to choose. The coffee franchise is one particular franchise that seems to be growing by leaps and bounds with new businesses and franchises being created in this field on a very regular basis. Much like the drink, coffee franchises have seen a few evolutions during the course of the last decade and business is, quite literally booming in little drive through coffee shops and huge coffee cafes across the country and around the world. |
|
|
Setting Your Goals - Easier Said, Easily Done
| |
| The basics of setting a goal is an open secret known by top-caliber athletes, successful businessmen and businesswomen and all types of achievers in all the different fields. The basics of setting goals give you short-term and long-term motivation and focus. They help you set focus on the acquisition of required knowledge and help you to plan and organize your resources and your time so that you can get the best out of your life. |
|
|
Life is About Choices and the Decisions We Make
| |
| Life is like a road. There are long and short roads; smooth and rocky roads; crooked and straight paths. In our life many roads would come our way as we journey through life. There are roads that lead to a life of single blessedness, marriage, and religious vocation. There are also roads that lead to fame and fortune on one hand, or isolation and poverty on the other. There are roads to happiness as there are roads to sadness, roads towards victory and jubilation, and roads leading to defeat and disappointment. |
|
|
How to Become an Ideal Leader
| |
| When you are at work, do you get frustrated because things don't seem to be happening the way they’re supposed to be? You see people milling around but nothing gets accomplished. And in the daily hustle and bustle, do you feel that your goals remain just that – goals. Then maybe its time for you to stand up and do something about it. |
|
|
Impossible is Just a Word
| |
| Everyone, at some point of his or her life, has dreamed of being somebody special, somebody big. Who hasn't fantasized about being the one who hits the game-winning homer? Who hasn't dreamed of being the homecoming queen? And how many times have we dreamed of being rich, or successful, or happy with our relationships? |
|
|
10 Ways to Empower Your Communication
| |
| The Blarney Stone is a historical stone, or actually part of the Blarney Castle in Ireland where it was believed that kissing the stone can grant you the gift of gab. Yeah, it seems strange in this day and age, but who are we to question tradition? It's not like I'm saying that Santa Claus doesn't exist (OOPS!).
|
|
|
More than One Way to Skin a Cat: Adventures in Creative Thinking
| |
| How many times have you caught yourself saying that there could be no other solution to a problem – and that that problem leads to a dead end? How many times have you felt stumped knowing that the problem laying before you is one you cannot solve. No leads. No options. No solutions. |
|
|
Does a Law on Human Attraction Exist?
| |
| “Opposites attract” is a law of attraction, at least where electromagnetism is concerned. But are there laws about attraction between two people? “In a world that is full of strangers” as a line in a famous song of the 1980’s goes, is there a clear set of rules that allows two people to fall for each other? |
|
|
Self Improvement and Success
| |
| Everything that happens to us happens in purpose. And sometimes, one thing leads to another. Instead of locking yourself up in your cage of fears and crying over past heartaches, embarrassment and failures, treat them as your teachers and they will become your tools in both self improvement and success. |
|
|
The Road to Intuition
| |
| Have you had that experience when all of a sudden you just had this huge hunch that something is about to happen, and to your surprise, that intuition was eventually translated to reality? |
|
|
Your Recommended Daily Allowance for Relaxation
| |
| Stress is the curse of living in modern times. Everyone suffers from stress. And the stress we suffer takes a heavy toll on our bodies, emotions and minds.
Feeling stressed out, worn out by fatigue or just simply having a miserable day, the best thing to do is relax. |
|
|
Power Through the People
| |
| Have you come across a person who is so naturally friendly that when you put him inside a room of strangers, he'll be friends with almost everyone in no time? We call such a people-person, someone unbelievably nice and charismatic that he can charm anyone into doing anything. |
|
|
Unlock Your Self Improvement Power
| |
| When we look at a certain object, a painting for example – we won’t be able to appreciate what’s in it, what is painted and what else goes with it if the painting is just an inch away from our face. But if we try to take it a little further, we’ll have a clearer vision of the whole art work. |
|
|
The Way to Wellness - It's time to start a Healthy life: Your 7 day Program
| |
| How many times have you gone to sleep at night, swearing you'll go to the gym in the morning, and then changing your mind just eight hours later because when you get up, you don't feel like exercising? |
|
|
The Powers of a Positive Attitude
| |
| I am going to ask you to something very weird right now. First of all, I want you to listen to your thoughts. Now tell me, what thoughts fill your head? Would you label them as positive, or negative? |
|
|
Happy as You Want to Be
| |
| Almost everyone have heard the hit single 'Don't Worry, Be Happy' by Bobby McFerrin. The song has a very catchy way of conveying its message of being happy to everyone. Bobby Mcferiin's simple message surely made a lot of people by telling them not to worry. |
|
|
What Really Makes You Tick?
| |
| 10 questions you should ask to yourself: a preparation to self-improvement
Be all you can be, but it's not always in the Army. I often see myself as somewhat contented with my life the way things are, but of course it's hard to think of anything else when where are real issues to be discussed. |
|
|
Why is it Important to Improve Yourself?
| |
| Sometimes, when all our doubts, fears and insecurities wrap ourselves up, we always come up with the idea of “I wish I was somebody else.” More often than not, we think and believe that someone or rather, most people are better than us.- when in reality, the fact is, most people are more scared than us. |
|
|
Leadership Exposed: Things You Thought You Knew About Leadership
| |
| Much has been written about leadership: rules, pointers, styles, and biographies of inspiring leaders throughout world history. But there are certain leadership ideas that we ourselves fail to recognize and realize in the course of reading books. Here is a short list of things you thought you knew about leadership. |
|
|
The Key to a Better Life
| |
| Time management is basically about being focused. The Pareto Principle also known as the '80:20 Rule' states that 80% of efforts that are not time managed or unfocused generates only 20% of the desired output. However, 80% of the desired output can be generated using only 20% of a well time managed effort. Although the ratio '80:20' is only arbitrary, it is used to put emphasis on how much is lost or how much can be gained with time management. |
|
|
Why Coaching is the Way to Go in Team Management
| |
| When you hear the word “coach”, what comes first into your mind? Do you picture a basketball team with a man/woman shouting out directions? Or perhaps a football team with a man/woman pacing to and fro and calling out the names of the players? |
|
|
Relaxing with a Mental PDA - Your 5 minutes Daily Program to Stress Management
| |
| We all have this favorite expression when it comes to being stressed out, and I wouldn't bother naming all of them since it may also vary in different languages. But when it comes down to it, I think that it is how we work or even relax, for that matter that triggers stress. Ever been stressed even when you're well relaxed and bored? I know I have. |
|
|
A Better You - Your 7 days Program to Self-Improvement
| |
| I seem to lost count on how many times I've read and heard of celebrity marriages failing almost left and right. Not that I care (and personally I don't), it seems strange that we often see movie and TV stars as flawless people, living the fairytale life of riches and glamor. I suppose we all have to stop sticking our heads in the clouds and face reality. |
|
|
Motivation, The Heart of Self Improvement
| |
| Pain may sometimes be the reason why people change. Getting flunked grades make us realize that we need to study. Debts remind us of our inability to look for a source of income. Being humiliated gives us the ‘push’ to speak up and fight for ourselves to save our face from the next embarrassments. It may be a bitter experience, a friend’s tragic story, a great movie, or an inspiring book that will help us get up and get just the right amount of motivation we need in order to improve ourselves. |
|
|
Genuine Happiness Comes from Within
| |
| Life isn’t the sweetest candy. Sometimes, when I feel like the world is just too heavy, I look around and find people who continued to live fascinating and wonderful lives. And then thoughts come popping into my mind like bubbles from nowhere – “How did their life become so adorably sweet? How come they still can manage to laugh and play around despite a busy stressful life?” Then I pause and observed for awhile… I figured out that maybe, they start to work on a place called ‘self’. |
|
|
Build Your Self-Esteem
| |
| So how do you stay calm, composed and maintain self esteem in a tough environment? Here are some tips you may to consider as a starter guide to self improvement. |
|
|
Self-Improvement Statistics Guide in Decision-Making.
| |
| Statistics shows that about 75% of the people working today are unhappy with their current jobs. One reason is that their talents are wasted because it is not applicable for their current jobs. |
|
|
The Game of Life - Start your own coaching: 7 days program
| |
| Have you ever been a coach to a neighborhood team? I know how it feels the first time I've coached a team of seven-year-old soccer kids and how much they can really test my patience, not to mention sanity as they run around kicking the ball like ants to a huge, white crumb. It feels strange at first, having to be stared at by a bunch of kids who they will know that I'm not the one in the field. Sounds wrong in a sense, right? But what is the dead about coaching? |
|
|
Have One Week, Will Relax - Your 7 days program to Stress Management
| |
| They say there's more than one way to skin a cat. The same goes when you start tearing your hair out with all the frustration, grief, anxiety, and yes, stress. It's a state of mental conditioning that is like taking that bitter pill down your throat, causing you to lose your sense of self, and worse your sanity. Just thinking about it can drive anyone off the edge. |
|
|
How to Motivate Yourself Forever
| |
| Just as willpower is an essential factor in achieving success, at some point in time, discouragement and lack of motivation may hinder you from reaching your objective. And it is up to you, and you alone to devise techniques that will help you keep that drive within afire. |
|
|
Enlightenment - Your 7 Days Program to Positive Thinking
| |
| I'm sure you have a bright idea hidden somewhere in the back of your mind that you just can't wait to test out. Of course you're not the only one with the bright idea. So what motivates you to churn those creative, or even inspiring juices to its utmost flavor? |
|
|
Starting An Online Business? Did You Know It Was So Easy?
| |
| There can be a problem with starting an online business in an easy manner. Do you know what it is? You will after you read this article! |
|
|
Prepared to Succeed
| |
| Opportunities are often what we define them to be. Mike McGrail didn't go to church to find a client; he went because he always did. A business plan is useful, but if it's too restrictive, it can blind you to opportunities that you're well equipped to realize. |
|
|
How to Bring Your Product to Costco
| |
| When you think bulk, you think Costco. They are widely known as a top selling grocery store, although they carry a variety of other products as well, from appliances to electronics. While buying these products is an easy and cheaper way to shop, how can businesses sell their products to Costco? Knowing how to bring your product to Costco can be a great opportunity for your business. They aren’t going to sell just anything, so what is the best way to go about selling your own product? |
|
|
Evaluating the Market
| |
| Though franchising is considerable less risky than starting a business from scratch, as with any new business, an element of risk still exists. With this in mind you need to ensure that you thoroughly research the franchise you are interested in; there is no room for getting it wrong! You cannot get carried away with the idea of running your own franchise without finding out whether that business is viable. Researching, and knowing your potential market inside out, is essential. |
|
|
Small Business Ideas For The Experienced Salesperson
| |
| Sales is perhaps the world's older profession, and if you have the skills to make a great salesman, odds are you also have the skills to make a great small business owner. Here's a few tips to make the transition as smooth as possible and be running your own business in no time. |
|
|
Lesson #1: "Loyalty of your people is a key to most any business success"
| |
| Cathy has built his reputation not only on the success of his business, but on the unique model with which he chose to expand. Instead of following the usual franchise route, he opted to form joint ventures with individual operators, thus guaranteeing “quality, supervision and the motivation of partnership.” |
|