Startup
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.
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.
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.
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.
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.
The Franchise Model Makes a Difference
We know the benefits of the franchise model for business: franchisees use a tried and true model for business, benefiting from the experience of the franchisor as well as the support and economies of scale that come with the franchise system.
How to Keep Going When You Get Stuck
When you decide to make a change in your life, step up in your business or really move towards creating what you want in your life, it’s normal to experience a lot of inner resistance and feel stuck.
Financing Your Startup: 5 Things to Keep in Mind
Building and launching a successful startup business today requires more than the ability to deliver a product; it requires a careful and calculated approach to financial management. If you have the perfect startup idea, here are a few things to keep in mind before you begin seeking out the necessary financing you need to get yourself started.