Archive For December,2010
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FranNet will continue support of a collaborative relationship with SCORE, the Counselors to America’s Small Business. This relationship will provide online and print resources on general franchising education and tools to help entrepreneurs make educated decisions when considering a franchised business. FranNet services cover the entire US and Canada. They are the most knowledgeable, professional [...]
Cloud computing doesn’t mean opening your laptop in the last row of Business Class. “Cloud computing” is a recent addition to a growing list of industry hot terms like grid computing or clustering. Put simply, cloud computing is Internet-based computing where resources are offered on demand, much like the electrical grid we all share. This [...]
Forbes.com presented eleven tips for growing small businesses. This week, we present a synopsis of the list: Keep your Cash on a Short Leash Managing cash begins on the balance sheet with inventory and receivables. Bad inventory practices and poor sales will strangle your business so manage that cash to within an inch of its [...]
Forbes.com presented eleven tips for growing small businesses. This week, we present a synopsis of the list: CRM Customer Relationship Management systems still struggle to be adopted into the small business arena. Used properly, these programs save time and reputation. You’ll know as much as possible about customers and nothing falls by the wayside. Who [...]
Forbes.com presented eleven tips for growing small businesses. This week, we present a synopsis of the list: Airing of grievances Pressuring yourself is far more detrimental to your business than your competition. Kick the defeatist attitude by talking things out with a cadre of trusted advisors and key personnel. Think of it as a rally [...]
Recently Steve Straub, CEO of Get America Growing interviewed FranNet’s President and COO, Jania Bailey. Steve interviewed Jania for a series he did entitled “Success Secrets of the INC 500 CEOs”, via telephone, for about 30 minutes. He wanted to find out from various CEO’s how companies like FranNet have been able to grow so [...]
Now that you know what a business plan is and why you need one, we’ll tackle the elements are for a business plan. Executive summary: This is a page or two of highlights – think high-level vision. Company description: Legal establishment, history, etc. Product or service: Detail what you’re selling or doing. Keep the focus [...]
Now that you know what a business plan is, here’s why you need one. Because I said so. Every business needs a business plan. Without it, you will be like a ship without a rudder or a wheel, blown around by the competition. A business plan puts you in the captain’s chair and gives you [...]
Ah, the business plan. The much-maligned and oft-abused step in business ownership that can truly make or break you. This week we’ll look at this very important piece of your business vision, including what it is, why you need it, and how do execute one.
BEHIND THE COUNTER: THE UNTOLD STORY OF FRANCHISING” will premiere on Wednesday, December 15th at 9pm ET. The documentary will repeat that evening at 10pm ET, 12am ET and 1am ET. The show will also repeat on Sunday, December 19th at 10pm ET. “Behind the Counter: The Untold Story of Franchising”: In CNBC’s “Behind the [...]