Industry Word

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Blogs Category - Industry Word

  • There are plenty of myths about franchising. A great deal of them revolve around money. I hear these two statements a lot: “Franchise companies make most of their profits from franchise fees.”“If it wasn’t for those franchise fees, I’d probably consider buying a...
    April 18, 2017
  • Imagine owning stock in a company where the price appreciates greatly, you sell it, and pay no tax on your profit. That’s what can happen with qualified small business stock (QSBS). Also referred to as Section 1202 stock because that’s the section in the Tax Code that governs it, QSBS...
    April 13, 2017
  • Have you always wanted to start your own business?Do you have a lot of business ideas but don’t know which one to pursue?Don’t worry because you’re not alone.  According to Gallup, Inc, 25% of American adults have dreamed of starting their own business but have not yet taken...
    April 12, 2017
  • Every small business owner wants to attract new customers. Here are 10 time-tested ways to help you bring in “new blood.”1.      Ask for referrals. Referrals are one of the best ways to get new customers—but if you sit back and wait for your current...
    April 06, 2017
  • Ask any one of America’s 62 million volunteers why they give their time, and you’d probably get nearly 62 million unique answers.But some reasons for volunteering — and the benefits — are universal: a greater connection to one’s community; an opportunity to share...
    April 04, 2017
  • It’s Women’s History Month and the SBA has a variety of resources to help women start, grow and succeed in business. There are many benefits to business ownership for women. One of the main benefits is the flexibility of your time, location and schedule. Being your own boss means that...
    March 28, 2017
  • Do any one of these five simple refresh ideas and you’ll help yourself manage your business goals, growth, and execution. Do all five and you have a perfect lean business plan. Refocus StrategyStrategy is focus. It’s what you do and what you don’t do. It’s who is in...
    March 23, 2017
  • If you operate a local business (one that gets most of its customers from within a 75-mile radius) you can try many general marketing strategies, but you have one special consideration. You have to attract prospects who are close enough to literally walk into your shop or close enough for you to...
    March 21, 2017
  • It’s all about the money, right?How much money you’ll need to buy a franchiseHow much money you’ll need for your ongoing expensesHow much money you’ll be able to make when you become a franchiseeIn this post, I’m going to show you how to get your money questions...
    March 16, 2017
  • Many small businesses take on additional help during the summer months. Some use seasonal workers to fill gaps created when full-time employees go on vacation. Others need workers for their summer-related activities of their businesses (e.g., concessions at entertainment sites such as miniature...
    March 14, 2017

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