Posts Tagged ‘Entrepreneur’

Mike Welch doesn’t mind talking about his “failure” as a traditional small business owner because it eventually led him to seek the structure and success of franchising.

Even though you now (hopefully!) have a strong sense of the entrepreneur you’re capable of being, it can be tough to finally choose the business you want to launch. To help you along, we’re shortly going to investigate current and future business trends – ideas that are really making a splash. That, along with your [...]

Not everyone has experience managing others on their resumes. That doesn’t matter. Of course, the more relevant experience you have directing a business and its employees, the better; being an effective manager is an essential part of owning a business. However, that expertise doesn’t necessarily have to come from actual work experience. Let’s say you [...]

In our last post, we talked about what types of factors you should consider when selecting a business to go into. In today’s post we cover the top business trends of today according to J. Wang and K. Ohngren at www.entrpreneur.com. Top Ten Current Business Trends: Generation Y. Today’s youth have more purchasing power than [...]

Now that you have an idea (or three!) swirling in your head, it’s time to narrow it down. Sure, you can eventually have more than one business, but for obvious reasons it’s best to focus your efforts on one at a time. It’s time to think seriously about how your new business concept will be [...]

This is the first post in a five part series that covers the five questions you must ask when going into business for yourself. Each of these five questions need to be addressed and adequately answered during your due diligence process. The 5 questions are: So what exactly am I selling? Who’s lining up to [...]

In the last post, we covered the first five of the Top Ten Traits of Effective Business Owners, now it’s time to reveal the final five! Top Ten Traits of Effective Business Owners #6 – #10: 6.  Mr. (or Mrs!) Nice Guy Successful business owners are able to meet and interact well with all kinds [...]

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 [...]

So, you’re thinking of starting your own business. First off, congratulations! Becoming an entrepreneur can be one of the most exciting prospects you will ever face. Being a business owner is one of the only ways you will ever be able to leverage your creative abilities to make money. You get to make the decisions, [...]

Can you tell the difference between a good idea and a great business idea? Ideas are cheap and plentiful – everybody has them. The real key is what you do with that idea, and whether you can pick out the genuine business opportunities from the piles of merely bright ideas. This week, you’ll get a [...]