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GlobalBX Entrepreneur Business Articles - January 2009
If you wish to run your own business under a major brand name then you may want to become familiar with the term “franchise consultant”. Franchise consultants are essential in the business sector today because they play a proactive role in the franchising of businesses for franchisees and franchisors alike. They offer numerous advantages in business for both parties and can help to place the right budding entrepreneur into the right opportunity. Before you seek franchise consulting help, you should understand the role of franchise consultants.
What Is Franchise Consulting?
Franchise consulting is not to be confused with franchise brokering. The latter offers franchises for sale on an indiscriminate commission basis, whereas the franchise consultant works with franchisors and franchisees alike in a much more proactive way. He or she will actively work for an individual who wishes to invest in a franchise to find the best possible one.
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Posted by GlobalBX Staff on 01/29/09 at 07:01 PM in Franchises, Consulting, Business Opportunities, Buying a Business | Permalink | Comments (0) | Trackback URL
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You may be looking to run your own business in the near future, and if this is the case then franchising is a very real option for you. Starting a franchise does not have the same level of risk attached to it as starting a business from scratch providing that you choose the correct business to invest in. However, there is much to consider before you start a franchise and knowing where to start may prove rather problematic.
Where To Start
Finding the ideal franchise for you is undoubtedly the key to business success when you want to invest. Starting a franchise should not be about luck, but instead it should be about making a solid business decision based on what is best for your entrepreneurial success. Finding the right place to start can be incredibly difficult so here are some tips to help you assess the correct factors, and ultimately make the right decision to start a franchise that suits you:
1. Assess Your Skills – You need to know exactly what is required of you personally when starting a franchise because it is incredibly difficult to keep a business going when you do not have the capacity or personal skills that equip you to do so. You should be completely suited to the opportunity for the best chance of success.
2. Assess Your Financials – Do you have enough capital to put into the business when you start a franchise?
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Posted by GlobalBX Staff on 01/29/09 at 07:01 PM in Starting a Business, Franchises, Business Opportunities | Permalink | Comments (0) | Trackback URL
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If you have entrepreneurial aspirations then you may have considered owning a franchise to boost your business credentials and get your career off to a flying start. After all, many budding entrepreneurs consider starting up their own business and opening a franchise when they first start out. Everyone has to start somewhere. Having said that though, there are many advantages and benefits to opening a franchise that go above and beyond those that starting a business from scratch can give you.
Franchise Vs. Starting A New Business
When it comes to the decision to open a franchise versus starting your own business, many people choose the latter. They like the idea of building their own business up from the ground and earning recognition on their own. However, they do not realize that you can earn just as much recognition when owning a franchise as well. In fact, the rewards far outweigh the benefits providing that you choose the right franchise to open.
If you would like to know exactly what benefits that owning a franchise can give you then please take a look at the list below. The eight points illustrated here will clearly define why opening a franchise should ultimately be your first choice:
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Posted by GlobalBX Staff on 01/29/09 at 07:01 PM in Franchises, Business Opportunities, Buying a Business | Permalink | Comments (0) | Trackback URL
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What Are Franchise Fees?
The first expense to a new franchise owner (franchisee) is the money paid to the parent company. This is the franchise fee. The prime benefit of becoming a franchisee is instant name awareness. People are more likely to have their oil changed at a national chain rather than “Bob & Frank’s Lubetoreum.” The parent company (franchisor) buys television, radio and print ads, driving customers to their local franchise locations. You will enjoy the reputation of representing a highly recognizable company while being free to run your own show.
How Much Will I Pay?
Work-from-home franchises, often called mobile businesses, are generally at the low end of this spectrum – with fees as low as $10,000 or even less. Franchises that fall into this category might include the following:
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Posted by GlobalBX Staff on 01/29/09 at 07:01 PM in Franchises, Business Opportunities, Buying a Business | Permalink | Comments (2) | Trackback URL
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If you aren’t creating a monthly newsletter you are missing out on an opportunity to market to your list. Newsletters help establish your credibility, keep you top of mind for your prospects and allow you to make special offers to your list. Please note a paid newsletter needs to be informative and doesn’t always offer the same sales opportunities. However a freebie newsletter can have ads, special offers and promotions and more.
If you are running a monthly newsletter, it is important to make sure you are getting the most out of it. Here are some things you should keep in mind month after month as you work on your newsletter.
1. Determine what your readers want - If you aren’t covering topics they are interested in, no one is going to want to read it. And although your newsletter should promote your business, it’s also meant to establish your credibility and build your relationship with your prospects and customers. Be sure to discuss topics of interest and value for your customers and prospects.
2. Personalize your newsletter - there are hundreds of newsletters circulating on the Internet and in the mail. You need to make your newsletter stand out from the crowd. Making your newsletter uniquely you will make a difference. So be real. Feel free to include personality and emotion in your newsletter. Create a template with a look and feel that your prospects will associate with you and get to know.
3. Make it look good - people will first judge your newsletter by appearance and if it doesn’t look professional and compelling they won’t bother reading it. Also, remember to keep it brief. Use bullets and appealing headlines. And include graphics.
4. Ask for feedback and opinions from readers - include your readers in the process. Invite them to provide feedback and then actually implement some of their suggestions.
5.
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Posted by jenniferh on 01/28/09 at 07:01 AM in Search Engine Marketing, Sales & Marketing, Growing Your Business | Permalink | Comments (0) | Trackback URL
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The agriculture business is a thriving and booming business industry. In the past a farm was run by a family unit or by an individual. Today, you will find that many farms for sale are actually run by a team of specialists that manage all the different assets of the agriculture business. There are many different basic types of agriculture supply companies, and you are likely to find numerous agriculture businesses for sale when considering venturing into this area of investment opportunities.
Decide Which Type of Agriculture Business You Want to Buy
There are numerous types of agriculture businesses that you can invest in. Some of common types of agriculture businesses for sale include poultry farms, egg farms, beef cattle, dairy farms, pork, corn supply, cotton, wheat and even some tobacco farms. In the past, farms primarily provided food and supplies to surrounding communities and often farmed more than one type of product. For example, the primary farmers might have a small orchard, a few dozen dairy cattle, a pen full of pigs and even a variety of garden vegetables. The tradition of farming with multiple products is a practice of the past. You will still find some local farmers that offer a wide variety of products but traditionally farmers are turning to specialized farms with one or two specific products. When you begin your search for the agriculture businesses for sale consider what product or agriculture supply you want to specialize in.
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Posted by GlobalBX Staff on 01/28/09 at 03:01 AM in Small Business, Business Opportunities, Buying a Business | Permalink | Comments (0) | Trackback URL
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Today’s advanced technology has caused consumers to want instant gratification. When they want something, they want it right there and then. That is one of the reasons vending machines have become so popular.
If you are sure that you want to buy a vending business, there is no better business to get into. You can see it for yourself. There are vending machines everywhere you look.
Whether you know it or not, Vending machines are big business and in order to buy a vending business, you really need to get to know the vending machine distributors. These are the people that you buy vending machines and vending businesses from. Generally the distributor buys from the manufacturer and then sells to you. Most vending machine distributors have a large variety of vending machines, and even if they don’t have a particular machine, they know where to get it.
Most of the time you get a better price on vending machines by working with a distributor rather than the manufacturer, because the distributor buys large quantities and gets deep discounts, which he then passes on to the route owners. A vending machine distributor may also know of established routes for sale.
What to Look for When Choosing a Distributor
Make sure the vending distributor has a well-organized business. If the distributor does not appear to be well organized, it is doubtful that he will be able to give you quality service. For example, a disorganized distributor who works with many vending business owners may take days or even weeks before he can fix your broken vending machine. Keep in mind most vending distributors not only sell vending machines but also sell the products inside them, so you will need to compare pricing to see which distributor offers the best deal.
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Posted by GlobalBX Staff on 01/28/09 at 02:01 AM in Small Business, Business Opportunities, Buying a Business | Permalink | Comments (0) | Trackback URL
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Oprah Winfrey is one of the most recognisable faces on TV today. She has been such for some time, but recently the entrepreneur was recognised as one of the most powerful women in the world. Given her humble beginnings, her likeable personality and her philanthropic interests, she is certainly a beloved figure in America. However, she is also an esteemed entrepreneur who could certainly provide an amazing example for budding entrepreneurs, male and female alike, from all over the world.
Humble Beginnings
Oprah’s past is well documented as she has been extremely candid about her childhood and the motivation she has derived from those dark days. Her mother and father were both teenagers when she was born on January 29, 1954 in an impoverished part of Mississippi. Living hand to mouth, Oprah Winfrey grew up in abject poverty. She also experienced a horrendous rape at the tender age of 9. However, she was not to escape the area until the age of 14, when she was sent to Tennessee to live with her father after giving birth to an infant who lived only a few days.
It was in Tennessee that the entrepreneur received her first break. Determined that his daughter would do better than her mother had, her father made her education a priority. Although she attended Tennessee State University, Oprah already had a spot as an anchor on the local news at the age of 19. It was to be the first of many such roles that would ultimately lead to the conception of The Oprah Winfrey Show.
Oprah As A Media Mogul
In January 1984, The Oprah Winfrey Show hit the airwaves and quickly became a massive hit amongst old and young alike. Oprah soon became a household name in Chicago, where the show was originally aired, and then on a national level when it went nationwide in 1986. This makes it one of the longest running shows on TV at the moment.
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Posted by GlobalBX Staff on 01/28/09 at 02:01 AM in Famous Entrepreneurs, Entrepreneurs & Entrepreneurship | Permalink | Comments (0) | Trackback URL
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