Startup
Be Prepared: 5 Problems New Businesses Mishandle
There is virtually no business in the world that doesn’t run into at least a kink or two every now and then. Running and growing a small business is not a task suited for the faint of heart. Things can and will go wrong, and it’s important to know how to handle it properly. These are five problems that new businesses commonly face, but just don’t know how to handle well.
Top Mistakes to Avoid When Writing a Business Plan
The entrepreneurial industry is booming with idealistic youth hoping to strike gold with their concepts. But before money can start pouring in, entrepreneurs will need to capital—often through small business loans from banks, but also from venture capitalists and other investors.
Choosing a Franchise: Think Like a Customer
Should you choose a franchise that you love to visit or where you love to shop? Yes and no. On the one hand, one of the big mistakes businesspeople make is believing that they represent their typical customer. Hint: you’re not.
Avoid These Mistakes If You Launch a Creative Business
Businesses come in all shapes and sizes. If you’re a creative type—a photographer, designer, videographer, animator, illustrator or other artistic person—your business model will be different from other professional situations.
Recent Trends in Franchising
We’re going to take a look at three of the hottest trending topics in the industry: Semi-absentee retail concepts, Low cost franchises and the Dads and Grads (or Moms and Proms) trend.
Focus Forward Survival Skills: Character, Perseverance and Determination
“The time you could spend wondering ‘Why me?’ is the time you could have spent working your tail off to get better,” — Austin Hatch, two time plane crash survivor.
Who Has the Power in the Franchise Relationship?
So many relationships start off well. Each party in the relationship thinks about the other and tries to please. Minor differences are overlooked and the focus is on happy times and the great things about the relationship.
Is It an Over Saturated Market?
I would be rich if I had a penny every time someone told me their company was an over-saturated market! I have heard it from all different companies, both large and small, in every product line. People who live in the back woods and the big cities all say the same thing:
5 Things I Wish I’d Known Before Bootstrapping My Startup
If you’ve ever been through the process, you know that launching a startup is a struggle. Trying to bootstrap your business can be even harder.