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What Is a Strategy Map & Why Do I Need One?
Review of Strategy Maps and how they enhance the strategic planning and execution process. Strategy Maps are the foundation for Balanced Scorecards.
How To Start A Business With Low Overhead
Most traditional businesses cost thousands, if not tens of thousands to get started. The time it takes to have a positive return on investment is usually around 3 - 5 years. You can start a business with low overhead with high returns in your first year. I know because I have done it.

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.
Debunking Franchise Myths
We all know the upside to franchising: proven systems, training and support, purchasing power, brand recognition, and lower risk of failure top the list. But before you utter those three little words, "it's all good," take a reality check. Consider this list of common myths surrounding franchising and get the true facts...

Other proven systems Related Articles

Inspiring Innovation & Creativity through Business Systems
Ok, I admit: "I am a big fan of systems, Its all about Systems". It could just be the Mechanical Engineer and Business Analyst coming out in me, but it goes much deeper than that. It is definitely grounded in my recent experiences with systems. We are surrounded by systems, and our lives revolve around them and rely on them working infallibly. The cars (or motorbikes) we drive, the computers we use and the human bodies we live in, are all brilliantly refined and intricate systems that we use everyday. We expect them to work predictably and consistently every time we use them.

Debunking Franchise Myths
We all know the upside to franchising: proven systems, training and support, purchasing power, brand recognition, and lower risk of failure top the list. But before you utter those three little words, "it's all good," take a reality check. Consider this list of common myths surrounding franchising and get the true facts...

4 Critical Principles of an Online Outsourcing Marketplace Feedback System
Feedback systems are such a fundamental part of making an online outsourcing marketplace work that it sticks out like a sore thumb if you don’t have one. They are designed to improve the experience of both the outsourcing buyer and the freelance provider. As a whole, these systems allow outsourcing companies to establish their own reputation as a reputable employer while reviewing the reputation of freelance providers in an effort to find the most capable and proven talent. Outsourcing companies submit feedback on freelance providers and relay their positive or negative experience so other buyers can review feedback before entering into an outsourcing relationship with that freelance provider. In theory, the entire process works great...depending on a few critical principles...
Entrepreneur Spirit
• You have to believe in yourself, and become the entrepreneur that is inside. We all have it we just choose to use it when it suits us. Well you have to stick to you guns and work with the systems or methodologies that are in place and do what individuals have done before and proven it.
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.

Network Marketing Is A Business Of Systems Not A Love Story
At the mere mention of a system, our eyes glaze over and we start to bang our heads against the wall screaming “I hate systems”. But without systems our lives would be in chaos. No “red lights” think of the intersection crashes; no systems for your network marketing business has failure written all over it.

The Systems View
Systems are all around us. We can view most common occurrences with a "systems" perspective. Here is a cute story to illustrate how systems operate.

What (good) franchisees want
With 850 business format franchise systems in Australia and high levels of employment, the “war for talent” is intensifying among franchisors for quality franchisees. Good, “proven” franchisees are now in a position to choose between franchise systems. Rod Young reveals what successful franchisees expect from a franchisor.

Systems, Flexibility, and Spontaneity
Women entrepreneurs often under estimate the power of having systems. There is often the misconception that systems are complicated and time-consuming. This article gives some simple tips for creating systems and why they are useful.
Stop Reinventing the Wheel: Create Systems to Save Time and Money
Most of us run our lives on a handful of systems. Between our smart phones, calendars, and our e-mail inboxes, we have organized ourselves and our time. And if you ever doubt the importance of these systems, recall your panic the last time you couldn’t access your email or your hard drive crashed. Yet as important as these systems are, most of us don’t take advantage of what systems can do to improve our businesses and simplify our lives. Systems are simply ways of automating or structuring processes so that they can occur systematically without so much thought or attention-and by more than just one person, so that the business can continue to run if the owner takes a vacation.

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