Looking for a way to ensure your success before you even get started with a franchise? You’re ready to open a franchise for the first time. Thinking you’d better do your homework, you grab every book you can find on accounting, customer service, employee motivation, marketing, cash flow, sales techniques…and on and on. Before you [...]
Welcome to the top franchises of 2011! Before you get started below, here’s how the ranking works: Each franchise is thoroughly reviewed based on financial and statistical data from July 2008 through July 2010. They must supply a Franchise Disclosure Documents (FDDs) or Canadian Disclosure Documents and all information is verified by Entrepreneur. Also, they [...]
In a welcomed bit of good news, the International Franchise Association (IFA) reports in the 2011 Franchise Business Economic Outlook that 2011 will be a rebound year for franchised businesses. Projected growth will come in the number of establishments, jobs and economic output in the franchise industry. Other interesting projections and stats from the report: [...]
Hopefully you’ve found this blog because you’re excited about the prospect of franchise ownership. There’s a lot of opportunity out there and now it comes down to identifying the steps necessary to take you from where you are today to your first day of business as a franchisee. Because there are so many franchise concepts available to [...]
If you’ve read the previous post, you should have a fairly good idea about the attributes common to most business owners. What you may still be wondering about is how you measure up. The purpose of these next two sections is to explore your business ability in greater detail. As you progress through this section, [...]
You are and always will be the cornerstone of your business, so it’s important to analyze your aptitude and abilities as objectively as possible. Many studies have been conducted in recent years to assess the characteristics of business owners or, in other words, what makes an entrepreneur an entrepreneur. The studies we’re about to discuss [...]
Thinking that 2011 will be the year you jump into the social networking pool? Twitter can help as a marketing tool, finding talent, and doing market research, for starters. Here are some tips to get you started with Twitter. Coupons Tweet links to coupons or sale announcements on your website Sales Customers send private Tweets [...]
If you spent half of 2010 tracking down payments for goods sold or services rendered, read on. We’ll highlight ways to collect what’s owed to you through invoicing systems that make it easier to pay and get paid. AcceptPay American Express offers an electronic invoicing and payment system that allows you to customize invoices and [...]
If you think big companies are the only targets of cybercrime, you’ve got another think coming. Businesses of any size, from two to twenty thousand, are open to cyberthreats. In an interview with BusinessPundit.com, Robert Gorby, Global Head of Small Business Propositions for software security company AVG, has suggestions about what small business owners can [...]
