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After You Buy a Franchise...
After the checks have been issued and the legal documents officially signed and transferred to your name, you are finally a proud owner of a franchise business. It might be a mobile business, a retail store, a computer consulting operation, or a daycare center. ... Views: 2045
Change is inevitable, but not many managers handle it well. One framework that is recommended for managing change is the "Bridges Transition Model."
It suggests that change and transition are two different things.
Change is a situation in which something transforms. Transition, in ... Views: 2036
Ever try to complete a jigsaw puzzle without a picture of the finished product? Then you’ve got a good idea how tough it is to create a strategic plan when you don’t know where your business is headed.
To many business owners, strategic planning is an intimidating process. At first glance, it ... Views: 1999
Tired of working for somebody else and ready to try your hand being a business owner?
Or are you an accidental entrepreneur that has already leapt into business for yourself?
Well, You’re not alone!
Starting and running your own successful business is one of the most rewarding, exciting ... Views: 1994
As your business moves from the start up to the second stage, you will find your business can only grow if you leverage yourself. That means you may need to add to your team.
Yet, hiring someone is one of the more tricky aspects of running a business. According to Forbes magazine, almost 46% ... Views: 1989
Generally, windows add life to a home, making it look great and valuable. They enable ventilation and external view. In addition, modern windows are capable of insulating the home, thus cutting down your heating and cooling energy. As such, window replacement is a service that you should ... Views: 1966
If the idea of strategic planning scares you or makes you want to crawl into a hole, use my 5 easy steps to begin the process and you will be on your way.
Here it is December again, and over here in Oregon, it is creeping towards winter solstice, the darkest day of the year. This time of the ... Views: 1959
It seems like everything costs more these days. It costs almost fifteen dollars to see a movie in the theaters, a “value” meal cost over six dollars, and do not get me started on gas prices. So while every little thing is draining your wallet dry, it can be nice to save money anywhere you can. ... Views: 1946
Have fun of the relaxing activity by diving into the world of free online games. You can play, win, and compete with your friends while plunging in the activity of online games. It’s a playful activity which gives you the opportunity to get the full on fun that never ends. The purpose of playing ... Views: 1936
Generating new leads is a focus of most business owners. But do you ever stop to evaluate where your leads are coming from and how your lead generation methods are working? It is important to have systems in place to track new leads and evaluate each lead strategy.
There are a couple of ... Views: 1933
Have you ever wondered why you can be completely energized one day and completely drained on another day?
There are certain activities in your environment that will energize you and certain other activities that will drain you. The reason you’re energized (or not) is tied directly to your ... Views: 1925
The risks entrepreneurs take to grow their business often produce desirable results. While growth is always the goal, there are several financial disadvantages to being a successful business owner.
Tax Liabilities Are High
Entrepreneurs must constantly consider tax rates when they ... Views: 1924
Below is one of the graduate level papers I wrote in 2000 to address the pervasive topic of job stress – something most of us cannot escape. It’s rather long and academic in tone, but the information still applies today and is worth a read. I will note that the references will not address ... Views: 1918
All successful entrepreneurs have a vision for their businesses. When you have a clear vision for your organization or business, you can work backward, identifying what you need to ensure success.
Identifying Your Vision, Values, and Mission
Vision.
For many, the visioning process is random ... Views: 1918
There are five critical areas an SBA lender considers in detail when deciding whether to underwrite an SBA loan. These five areas are Cash-flow, collateral, credit, management experience and liquidity. If you plan to apply for an SBA loan make sure you consider each of these areas. You don’t ... Views: 1915
In my business consulting practice there has been quite the uptick recently of business owners struggling to find the right talent. It sure is tough to start the new year off with a charge when you’re so completely frustrated from the paltry results of your people. It is a painful feeling to ... Views: 1914
It doesn't take a recession or a rise in unemployment to bring on financial stress. Many feel it daily - when bills arrive in the mail, when they sit down to pay bills, when they see a television commercial for something they want but can't afford, when they hear of layoffs, or even when they ... Views: 1911
If you intend to write or make such reliable and effective software requirements specification, you need to educate yourselves with the latest trends on how to make it innovative and efficient. Addressing the needs of the users as well as the demands of technology shall never compromise quality ... Views: 1900
When a person calls a charity to ask about car donation, they usually ask what their tax deduction will be is they do donate car. The answer is a little complicated. When you donate car to charity the amount you can claim on your taxes depends on two things; the fair market value of your car and ... Views: 1899
One of the most vital pieces of emergency apparatus is the spine board. In the hectic moments of an emergency, you need to be able to trust that you have the most effective equipment and that the tools you utilize are going to help in the situation, not hinder it. Spine boards help to keep ... Views: 1898
Selling and buying a business is rarely a simple and straightforward process. When I sit down and try to categorize each of those experiences, be it from my own personal experience as a Business Broker in Sacramento or the experiences I’ve heard from the 14 Business Brokers that are part of my ... Views: 1889
Change and growth are necessary bedfellows in life. However, it’s important to understand the distinction between the two. Read on to discover how to avoid being dead at 30 and buried at 70!
“When you are inspired by some great purpose, some extraordinary project, all your thoughts break ... Views: 1886
Money tends to rate high up on the list of needs for people planning on starting or moving into business ownership. Here’s 7 tips if you need start up financing for your business.
1. Clearly identify how much you have available.
The best place to start is yourself. If you have some capital ... Views: 1880
Amazing changes in the retail marketplace over the last 15 years has created new, different obstacles to successfully launch a new product. Marketing romantics muse glowingly about the old days when there were supposedly multiple placement opportunities in every level of retail. True, there ... Views: 1870
This question was asked on Focus.com and I submitted this “recipe” which received a “The best” nod.
Enjoy.
Page 1 – Ideal client profile (demogaphics, psychographics, technograpics and geographics)
Page 2 – SWOT (strengths, weaknesses, opportunities, threats)
Page 3 – One Page ... Views: 1869
The ability to take on more than on project at a time has long been hailed in both the professional and personal arenas as the mark of greatness and the “Holy Grail” of for any CEO on the rise. In fact, nearly 90% of all job descriptions speak in one form or another for the need to attend to ... Views: 1861
93 percent of large enterprises had a security breach in 2012 while 87 percent of small businesses faced a security breach in the same year which is up by 11% over the last year, says a UK-based PwC survey. This article discusses the ways in which you can protect your database from ... Views: 1854
Experiencing Mercury Retrograde, we can feel irritated by delays, distractions and miscommunications. Mercury rules contracts, communication, education, thinking, perception, data and transportation. His is a large domain and/or kingdom. For instance, computers and cars can act up during Mercury ... Views: 1848
For high school students who are on the hunt for ways to reduce the cost of a college education, your local community college may look like a way to keep your expenses down and avoid the crush of debt from school loans.
In fact, many financial advisers recommend that, if you’re a ... Views: 1842
Your press release is like setting up a dating profile. It’s got to attract the right audience and get them to call. The media knows nothing about you. They read your profile, look at your picture, assess your background. Then they decide if you’re worth the time to set up a first date, then a ... Views: 1835
Companies from various industries need the help of engineering product design services to make and develop new products and services. In order to compete in today’s marketplace, it is essential that companies consistently introduce new products to consumers in the hopes that they'll have a long ... Views: 1835
The cost of investments that benefit many stakeholders can unfairly fall more on one organization than on another. Amtrak, the American government-owned passenger rail corporation, is an example of this problem.
Amtrak was formed at a time when for-profit passenger rail operations were losing ... Views: 1829
There are many ways that entrepreneurs and small business owners can generate new leads for their business. But it is vital, that it be a consistent and constant activity. You need that type of flow of new leads coming to you. If you decide that you have enough business and stop your lead ... Views: 1823
Ideas on how to make a million dollars the smart way.
1. Branding: You not only do you need to Brand your Company but you need to Brand yourself personally. People like to buy from people they know and like. The more credibility you have as an individual the more likely people are to invest ... Views: 1816
Reputation Capital is a measure of how effective you are in promoting and delivering value. As the delivery of that value is recognized, you start to accumulate Reputation Capital. The two fundamental pillars of Reputation Capital are competency and trust. The following provides some insight ... Views: 1815
Do you own a business? Do you wish to develop or modify your software requirement specification effectively and efficiently? Well, read on and learn more about such business software requirements as well as how to make it work for you and your business.
What is software requirement ... Views: 1812
Selling a business has many moving parts and as a result is very complex. Here are 5 suggestions that may make the task easier.
1. Get a professional third party valuation
This may sound obvious but naturally the seller wants as much money for the business as possible and the buyer wants to ... Views: 1807
Having a web presence is an essential component of business. People expect to be able to check you out via your website. It becomes your online resume and credential builder. There are many options for websites available today. You can easily build your own or you can contract with a web ... Views: 1806
The importance of setting goals when you start your own venture will play a critical role in determining whether the business you are launching succeeds or fails. It’s the same for top athletes, people that are successful in business, and anyone else that has reached the top of their field. In ... Views: 1799
Reaching out to new prospects and getting your marketing message across effectively can be a real challenge. Yet overcoming it crucial to achieving your customer acquisition goals.
Any face-to-face interaction with prospects and turning them into buying customers requires a lot of patience, ... Views: 1799
If you have a website, someone will have to take care of it in a variety of ways. There’s a certain perception that a website either (1) does not need regular maintenance or (2) is easy-enough to update. I’ve run into a number of business owners who think that they can run, update, design, and ... Views: 1783
We consider an older concept in this article, one that has often been applied to cost-reduction thinking: zero-based analysis. You may know this concept as "zero-based costing."
Zero-based analysis reverses the usual way of thinking in which many people start by looking at how to remove costs ... Views: 1772
Do you find the process of writing SEO articles too difficult? Then, let me help you simplify the whole process. Follow these steps the next time you tap on your keyboard:
1. First step is to know the keywords or keyphrases that you would like to target. You need to know the terms or phrases ... Views: 1772
It is quite common these days to have almost everything automated. Even the traditional business office functions we have known are now being made more manageable through the rise of several business software applications. And one such helpful software is the HRMS or human resources management ... Views: 1761
Business is all about relationships. They are at the heart of marketing as well. Strategically using relationship marketing is about building strong, long term relationships with your current clients and companies. By having this type of focus you are increasing your business but not solely ... Views: 1754
Hiring new employees is a very different experience for different companies. In some cases, there are challenges because of diversity issues and cases in which there are concerns about whether or not the fit will be right - especially when the company is hiring someone younger to lead a ... Views: 1752
Entrepreneurial focus is immeasurably helped by finding engaging problems - ones to which you and others are irresistibly drawn.
Many people make a mistake by instead picking problems to solve that are of interest only because of the potential financial gain that might result from solutions. ... Views: 1749
by: Geoff Ficke
Words matter. How we express ourselves is the most important indicator of the type of person we are and the type of life we lead. In my work as a marketing consultant I have the opportunity to meet hundreds of people each year. They are usually attempting to bring a product, ... Views: 1744
You may have already my article "Strategies for Effortless Business Success" - with the emphasis on the word effortless. In this follow up article, I want to explore what I mean by success - because most "normal" people really haven't got the first clue what the word actually means in the ... Views: 1741
Having an internet presence is essential in this business environment. As a business owner, you must have a web presence. But when you are developing that web presence you have many decisions to make. Here are some of the things you need to consider:
• What is the goal of my website: Is ... Views: 1739