Startup
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.
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.
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:
The Top 7 Expensive Mistakes New Businesses Make
It is always an exciting time for entrepreneurs to start a new business and work hard to ensure that it grows. Sometimes, however, the focus on revenue growth overshadows or masks cost decisions that could have been made differently. Here are seven areas where too much money is often spent by new businesses.
Only Those in the Fight Can Win
Entrepreneurism is all about risk. Sometimes, you can reduce your personal risk by taking in other people’s money, starting with a contract from a customer, purchasing a going business, or spinning off an existing revenue-generating portion of an existing business.
No One Is Going to Pay You for Your Ideas
Untested ideas are like unwritten novels. All unwritten novels are brilliant—on the minds of would-be authors who didn’t write them.
How to Ensure a Good Fit for You in a Franchise
While inquiring about how to ensure a good fit for each candidate might seem like an obvious FranNet consideration, there is a clear cut reason why some franchisees fail to achieve real success in the world of entrepreneurship.
Financial Tips for Avoiding Startup Failure
For those of you preparing to take on the entrepreneurial life full-time, the best advice I can provide is to be as rigorous as possible with your finances when pursuing your funding goals. It’s never been easier to bring a great idea into reality.
5 Tips for SMEs Trying to Find Funding
Financial concerns can creep up on companies of all sizes and too much debt can of course become a serious problem for any business. But it remains very much the case that loans and other forms of finance are often essential to the prospects of SMEs in a wide variety of sectors.