Posts Tagged ‘entrepreneurship’

FranNet’s Gary Prenevost offers advice on franchising a business model successfully.

Event reaches out to corporate women, displaced executives It’s a definite trend: women and men are leaving the executive grind and opting for self-employment and new methods of wealth creation. Many now own and manage nationally branded franchises and are successfully using their seasoned business and management experience to create lucrative new careers. Because of [...]

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 our last 2 posts we discussed how working with a franchise consultant can be summed up in the word “insight.” In this post, we will look at last 3 insights a franchise consultant can provide you during your due diligence process. Insight #4: An Objective Third Party. If you’re excited about becoming a franchisee, [...]

For the unemployed, or for those whose retirement funds have taken a serious hit as a result of the recent economic downturn, entrepreneurship may present enticing possibilities, according to the franchise experts at FranNet.  But, concerns about financing and supporting a new small business stop many would-be entrepreneurs from pursuing the option.  While nearly one [...]

Before you start down the path to small business bliss, here are five things you should consider when starting a business from scratch.  What’s my passion level?             Starting a business, like any big change, is stressful. There are some things most small business owners face: long hours, making ends meet, and general rough spots [...]