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Blogs Category - Industry Word

  • Lots of people who are interested in becoming franchise owners think that the way they’re going to find that perfect franchise … the way they’re going to “know,” will involve some type of mystical experience. Seriously, some of the people I’ve worked with over...
    May 19, 2015 - 4 comments
  • The usual scenario has been for businesses to start in the owner’s home and grow to a point where commercial space is needed. However, this pattern doesn’t suit everyone; some owners are leaving commercial space to go home for business or personal reasons. While there are no statistics...
    May 14, 2015 - 4 comments
  • Do you know all of the expenses involved in making your product or delivering your service? If so, then you know what your Cost of Goods Sold (COGS) is. In a nutshell, COGS drives profit – it tells you the expenses you have each time you make a sale.          ...
    May 12, 2015 - 4 comments
  • Developing strong sales and customer loyalty can be a difficult, time-consuming endeavor. Without an effective strategy, even a promising company can fail. The task need not be overwhelming though; practice and most importantly, passion, will help you close more deals. Here are some resources to...
    May 07, 2015 - 6 comments
  • The old saying “a picture is worth a thousand words” is taking on a whole new meaning.  In a world of constant stimuli – with texts, emails, alerts, and other marketing messages coming at us from all directions – it’s getting harder and harder for your marketing...
    May 05, 2015 - 1 comments
  • Making Plans and Sticking To Them — Or Not!Come the start of the year, whether that's the traditional New Year's Day of January 1 or the anniversary of your business startup date, most of us want to make better plans — and stick to them. So what holds us back? Is it the plan...
    April 28, 2015 - 12 comments
  • Innovation is what keeps our businesses refreshing and growing.  By thinking up new products and/or services to offer, we can:Stay in step with evolving market demands and trendsKeep pace with or get ahead of the competitionAcquire new customersSell more to existing customers by offering them...
    April 24, 2015 - 3 comments
  • I’ve consulted with a lot of prospective franchise owners over the years. Just about every time I ask the question, “Are you ok with following rules?” the answer has been “yes.” That’s a good thing. Have you answered that question yet?Rule-Followers vs. Non-Rule...
    April 21, 2015 - 4 comments
  • While your risk of being audited is low and likely to stay low according to the IRS commissioner*, it’s still scary to think you may find yourself under the IRS microscope. Can you avoid this? Maybe. Will knowing your risk factors put you more at ease? Hopefully.  Here are 5 factors that...
    April 16, 2015 - 6 comments
  • There are various factors to consider when deciding to use credit for your business. The most crucial and overlooked component is can you afford to use it? Every business’s credit needs are different. Many small business owners have the misconception that if business credit is granted to them...
    April 14, 2015 - 3 comments

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