| Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | ||||||||
| ||||||||
|
Entrepreneurialism Information |
|
|
|
|
|
|
|
|
Independent Auto Detail Shop VS Biz Op or Franchise
Owning a detail shop can be an exciting and rewarding business indeed. Many times an owner of an independent Detailing Shop will wish to add those items he/she believes their customers want. Since an independent detail shop is not a franchise or affiliate they can try new things and do what ever they want. They use their knowledge of the industry, a little intuition and luck; it is a best guess issue. For an independent detailing shop entrepreneur; there is no proven business plan to go by, but the savvy operator who is in touch with their customers seldom has to face a shot in the dark. A franchise system on the other hand has grown through market adaptation and innovation. There is really little guesswork since other franchisees and corporate units have already been there and done that. Companies such as Detail Plus, Ziebart and The Detail Guys with a combined number of nearly 1000 units sold; take the school of hard knocks out of the equation in trade for a periodic royalty payment for their experience. That experience is available on an ongoing basis as well as all the benefits of all new innovations from their teams (franchisees). With Business Opportunities it is a similar situation, if it doesn't work they will not be able to keep selling units. For instance National Detail Systems a mobile detailing Biz Op has well over 500 units sold. Obviously it works otherwise the word of mouth would have killed them years ago. Greg Dumond of National Detail Systems has over 28 years experience in the industry. Biz Ops must give the buyer what sells and the more realistic and simple their business model is the easier it sells. A Biz Op, which works, is a no-brainer, why wouldn't you add it to your current business? Franchising is a more long-term approach and you must put as much faith in the franchise systems team as the market potential, business model, equipment and training. Lots of choices and one answer doesn't fit every situation. Study, read, and ask the right questions in advance. With so many great companies out there in our industry it is hard to choose the best one for you. On the other hand, with that many choices there is surely the perfect fit. Continued success in your quest to own or expand your auto detailing shop. Think on this. "Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
|
|
|
RELATED ARTICLES
Franchises-Exit Strategy At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all businesses are bound for failure. Needless to say, there were a few shocked faces in the crowd. Achievements Outweigh Education and Experience Q: When it comes to succeeding in business, which do you think is more important: education or experience?-- Regina M.A: Regina, have you seen the television show, Fear Factor? If you haven't seen it you've probably heard about it. Which Niche To Conquer? I'm sure that you've heard about how many start up companies fail when they first begin, and the reason that most (if not all) of their failures is because they don't create a good fountain to build on.If we start right, it is easy to go right all the time. Starting Up and Keeping Going So you had that fantastic business idea, the one that'sgoing to be wildly successful and make you a fortune - andeven better, you actually did something about it and startedyour own business. Good for you! Not everyone gets eventhat far. For Business SUCCESS... Listen To The Voices of Experience Discover the pitfalls of owning your own business BEFORE.. How Entrepreneurs Succeed - The 5 Qualities Needed For Business Success What is it that sets a successful businessperson apart from an average businessperson? Is it down to pure and simple luck, or is it all about having an amazing idea and a successful and strategic business plan in place?Well, these factors do indeed go a long way to turning a good business idea into a successful business operation, but they have nothing to do with what makes the 'person' succeed at business.Every great entrepreneur naturally has 5 key attributes that sets them aside from their competition and that ensure they will succeed where others may fail. Near-death Experience is the Mother of Invention for Two Dallas Electricians To morning commuters, the hulking truck encircled with barricades and traffic cones may be nothing more than a road-clogging nuisance.For Kerem Tepecik and Dale Vith, two men who've made a good living by changing light bulbs forty feet above the pavement, the so-called "bucket truck" is more ominous. Salon Marketing Using Wireless Broadband Internet Access Our client in Chicago did, located right outside downtown too.. The Cockroach Test Let me ask you a question? Imagine I would offer you $10 for eating 10 living cockroaches. Would you do it? Now listen, I raise the ante and offer you $100. Part-Time/In-Home Business - Low Expense and Low Risk As a first time entrepreneur, there are a variety of franchises, dealerships, distributorships, and licensing opportunities available for purchase. Many of these you can start by working part-time from your home. Profile of Women Leaders Leadership is based on two words, "pressure and support"and that the leadership is the power to influence people to move in a direction that you believe in your heart is a good direction for most people" (Fennell, 1999, p. 267). The Desire For Money, Do You Have Business Sense? For those of us who grew up with parents who worked for businesses rather than owned them, the world of business can be quite a mystery. Even more so if we've dared to try to start one of our own. Should You Write Your Own Business Plan? If you are just starting a company and looking for funding, or looking for additional funding for growth, you will need to develop a traditional business plan. Creating a business plan is a business hurdle that entrepreneurs seem to dread. Your Company Needs A Mission Statement; Make It Count Does anyone remember that book "Built to Last" done y the Stanford class and professor? Well change that to "Built to Merge." My grandfather was personal friends with Bill Hewlett and David Packard and I bet they would not have wanted this merger with Compaq either. Find Out If You WILL Be Successful As a Franchisee? Will I be successful as a franchisee?One of the soundest pieces of advice to take when considering becoming a franchisee is to 'Assess Yourself'. Assess whether you can accept direction. Learn how to Compress Time In the popular 1980's movie "Dune," man learned that by "folding space" the distance between two points shortened and he could cover those distances faster. Around 1995, we found a substance that could bend time in the business community -- it was called Venture Capital. Opportunity Does Not Knock Q: I'm graduating this year with a degree in business and would like to start my own business rather than get a corporate job. I have a few business ideas, but none of them really gets me excited. Is Now the Right Time to Become An Entrepreneur? A number of economic changes are magnifying the role of small business and creating the impetus for entrepreneurship.In the past, many people perceived small business owners as shopkeepers - the mom 'n pop shops. Why I Should Go In To Business Rohit Kochgaway was very upset with his boss for his rebuking him today in office. He was very upset with his job. Rambling Confessions of a Recovering Entrepreneur I told my family that I finally accepted that my passion had become an ob- session, and you could even call it an addiction. They all laughed.
|
| home | site map | Contact Us |