| Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | ||||||||
| ||||||||
|
Entrepreneurialism Information |
|
|
|
|
|
|
|
|
How to Start a Franchise
Franchising Information Franchise oppotunities are all around us today. You may pop into Starbucksfor coffee and then head for lunch at MacDonalds before returning home andordering your dinner from another local franchise, Pizza Hut. Many of themost popular outlets you visit may be franchises as they offer the securityof a brand name and the attraction of starting your own business. The world of Franchise is certainly complex but many people are nowseriously looking at starting a franchise as they look to leave theirroutine day jobs and embark on an exciting business opportunity and runtheir own business. Indeed many franchise fairs and seminars are now theperfect location to meet franchise experts and discuss funding and businessplans to determine what type of niche you may quickly recoup your investmentwith. Selecting the correct franchise opportunity is vital and you should researchthe company history and seek advice from current franchise owners beforemaking important decisions. Many franchise opportunities allow you a greatdegree of freedom with your marketing and advertising, however many othershave trademark guidelines and company policies which you must be aware ofbefore launching a promotion. Joining your local chamber of commerce or business club is a good firststep as many business owners have experience in the franchise industry andalso have a great network of contacts that could give your franchisebusiness a great head start. Your local business enterprise will also beable to help you formulate a business plan and budget as well as possiblyproviding a small grant for start up costs. Starting your own franchise has never been easier and you could even leadyou on the road to becoming a multi franchise where you also recruit othersto join your network. Webmasters feel free to publish this article providing the resource box is kept below. Kevin McNally
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
|
|
|
RELATED ARTICLES
Franchising Companies Need New Franchisee Checklists When franchise companies are moving fast in the market place they must pay attention to the details. If a franchisor fails to give the required items as outlined in the franchise agreement to the franchisees on the prescribed timeline they risk legal issues and regulatory issues. Determine Your Niche & Be Successful What's a niche?Dictionary.com provides a great, twofold definition:"A situation or activity specially suited to a person's interests, abilities, or nature. Are You Sure You Want To Start Your Own Business? Part Two of a Series Why, exactly, do you want to go into business for yourself? Is it because you cannot stand the thought of working for an uptight, demanding, and perfectly dreadful boss?Is it because you cannot bear the thought of going through another downsizing or restructuring, knowing that your job could be on the line?Is it because you want to be your own boss, call your own shots, or see more up side in your earning potential, with the possibility of financial self-sufficiency? These are all good reasons for wanting to go into business. In fact, studies have shown that many entrepreneurs get their start due to some life-altering experience such as losing a job or finally walking away from a dead-end job or a demoralizing work environment. Enterprising Route is to Go Your Own Way DON'T talk to me about education for entrepreneurs. They're pouring far too much public money into it already - not counting the millions some well-known Scottish entrepreneurs are prepared to waste on it. Success Secret - How To Find Million Dollar Opportunities They're really are powerful million dollar opportunites everywhere.Ok, let me explain. Motivation and Commitment Why do people start small businesses? The most frequently cited motivation for business start-ups is to allow the entrepreneur to achieve independence; money is secondary. Is this surprising? The other reasons named most often are that an opportunity presented itself, a person took over the family business, or the person simply wanted to be an entrepreneur. Find Me the Expert on This! Many people who set up as consultants never make more than a minimal living. They get some clients who like them, but are so dependent on these few businesses that the resignation of a key contact can destroy their business for months ahead. Why Most CEOs & Entrepreneurs Fail? Times are tough. The economy is in a constant state ofupheaval. The Term Sheet's Role in Raising Venture Capital Entrepreneurs and companies who are seeking venture capital often negotiate with one or more venture capital firms on a number of important issues. These issues include the amount of capital to be raised, the investment terms, etc. Preparing to Outsource It's important to understand when to add individuals to your business model. Adding a new team member should be an easy transition - that's where organization comes in. Abstract Business Marketing Strategy for the Entrepreneur If you look at those Corporations in franchising today you see the great companies that use these systems to move markets and deliver products and services to America. Franchising is obviously a power play in the marketing strategy game book. Financial Issues in Business Startup A primary inhibitor of business start-up is that few people have the financial cushion to give up a job for the uncertain income of a start-up venture. In a recent survey, about 30% of new business founders identified inadequate funding as their biggest hurdle, and a similar amount said lenders were too conservative. If It Was Easy Everybody Would Do It Q: I started my business about a year ago and everything is going fine. We're growing and making a profit, but the stress of running the business is really starting to get to me. Great Tips Of Choosing An Office You have decided to strike it out on your own and set up a business consultancy. Chances are you want to look at getting your own office premises. Its Good to Know Your Banker Recently my bank opened a new branch that is a few miles away from my house. I used to visit the local branch that was located in the grocery store and enjoyed seeing the ladies on a weekly basis who were the tellers. Differentiation Strategies for Franchise Companies With the growing number of franchise offerings recently it is difficult for the smallest franchise companies to compete. They generally do not have the advertising budgets to pick and choose which markets the franchise prospects will be calling from. The Fear Factor I recently conducted a lil' survey asking my colleagues what were their biggest fears when thinking about starting a business or running their business. The following are the top three fears that resulted from my survey and some ways to combat them. Methods of Generating New Ideas for Entrepreneurs Summary: Even with a wide variety of sources available, coming up with an idea as the basis for a new venture can still be a difficult problem. The entrepreneur can use several methods to help generate and test new ideas including focus groups, brainstorming and problem inventory analysis. What It Takes To be An Entrepreneur Series: Action Many people have the professed desire to be their own boss, start their own business ecetera, ecetera.. Prescription for the Future and Technological Revolutions The world sure has changed in the last two-decades hasn't it? When I started out in business, there were no cell phones, fax machines, computers, etc. And I am not that old, having just retired at age 40.
|
| home | site map | Contact Us |