How to Franchise a Business
If you have a successful business and have determined that it is “franchise-able,” meaning you have evaluated its potential and found that it can in fact be duplicated well and offer beneficial returns as a franchise, these are the next steps to take.
Read More Lessons from Pete Correll
For this week’s Biz Coaching On Demand, Fran and Matt discussed Pete Correll, the former Chairman and CEO of Georgia Pacific, a manufacturer and distributor of paper products. Growing up in Brunswick, Georgia, Pete experienced tragedy at age 12 when his dad died, leaving him and his mom to manage a men’s clothing store as their only source of livelihood.
Read More Can I get a loan for consolidating business loans together and how do I go about applying for them?
Checking with your current lender or lenders would be the first place to inquire about the availability of and requirements for a consolidation loan. Provided that your business is financially stable and generating sufficient cash flow to service any consolidated debt, has a satisfactory credit rating, and has remained current on its existing loans, your current lender or lenders will be the most likely sources for an affordable consolidation loan.
Read MoreIs Your Business Too Professional? Part 2
Last week we talked about ways to make your marketing more interesting by being less “professional.” Here are three actions you can take to be a little less professional, and a little more interesting and appealing to your customers.
Read More Learn How to Establish a Sense of Urgency
In any business, when you can establish a sense of urgency, people will be more proactive in working with you. When you can establish a sense of urgency in others, it will pay off in increased sales.
Read More New Technology for Businesses with Tight Budgets
Technology is constantly making business operate more and more efficiently. And more and more developments are being targeted right at small businesses, operating on a much tighter budget than the top manufacturers of previous generations.
Read More How to Build a Resilient Organizational Culture
A 2012 Towers Watson study found that in most organizations, only 35 percent of employees said they were engaged. In other words, 65 percent of employees have mentally checked out, causing productivity, innovation, and creativity to plummet.
Read More 7 Best Startup Cities, By Cost and Taxes
Where is the best place for startups to, well, start up? GoodApril, a tax-planning startup based in San Francisco, compared maximum personal income tax, property tax, median tech-employee earnings, the cost of housing, and the cost of office space. Then they ranked the top seven startup cities in the US.
Read More 10 Reasons Why IPO Is No Longer a Good Startup Exit
In the old days, every entrepreneur dreamed of someday taking their startup public, and making it a multi-national powerhouse. Today the rate of startups going public (IPO – Initial Public Offering) is at an all-time low, and most entrepreneurs avoid this option like the plague, knowing the process is painful, and public company executives are seen as greedy sharks.
Read More Before You Can Be Customer Centric, You Must Be Employee Centric
Customers must be a company’s top priority for it to succeed. But in order to have a truly customer-centric outlook, the same level of service must start within the organization with a dedication to employees.
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