Archive for the 'Business' Category

Franchise Opportunities vsStarting from Scratch

Auto Date Thursday, August 28th, 2008

The world of business startups is rife with option. You can purchase a franchise or start your own business from scratch. This ultimately depends on what you want to put in and what you expect out.

There are many franchises available to buy.Your local town center is probable full of franchises. Franchises are typically founded on a tried and tested business model. A franchise basically gives you everything you need with a well recognized name to draw in customers. There are many different franchises available. Some will give you the business name, equipment and everything you need for start up, others only give you the basics and you still have to buy or lease a location, purchase equipment and the inventory you will need.

The negatives of buying a franchise however are that they are typically inflexible in terms to making it your own, and of course the initial outlay. Visit the Key Mergers website for more information or if you would like to f you would like to buy a business or even to sell one.

Starting from zero and building a you very own company however means that you can grow the business organically over time, you can limit your initial outlay and you can be as creative with the direction of your business as you like. However, your model may not be tried and tested and you will likely have to develop your own support network from the ground up along with your business.

The bottom line is, the factors determining whether to buy a franchise or follow your own path are multi-dimensional There is no one size fits all advise.

Property Portfolio for Sale

Auto Date Thursday, August 7th, 2008

Two of the richest men in Scotland - a pair of brothers - are preparing to purchase the property assets - worth over a million pounds - of the investment group Dawnay Day.

The Melvilles - who netted a more than respectable fortune through the sale of their previous company - are just one of the potential bidding teams interested in the properties that will be available when Dawnay Day’s portfolio - valued in the 100s of millions range, is sold off later this month.

The brothers are estimated to be worth £75 million, and their investment vehicle - Denmore Investments - is understood to be managing the approach.

However, there are likely to be many others who will be competing for the properties, including Sol Zakay - the billionaire who founded Topland Group, and Asif Aziz - whose portfolio already includes the London Trocadero entertainment centre in Piccadilly.

The current situation came around quite fast, after Dawnay Day was forced to close a derivatives position with thier fund manager F&C , forcing the company into administration.

One of the company’s lenders made a margin call, leading to the sale, and a loss of £70m.

Klimt and Naggar, the two principals at Dawnay Day have generally avoided publicity, despite their investment strategy that has often targeted high-profile businesses.

The London stock market is home to a number of investment funds that the pair - who’ve been working together for over 20 years - have been involved with.

For more as the story develops, we recommend Google News.

How To Incorporate

Auto Date Tuesday, June 24th, 2008

Hard work, a good business acumen to spot opportunities and a little bit of luck are the key ingredients for success in business. Equally, there are many factors for failure that are out of one’s control. Business structure determines the level of risk one is exposed to and is the ultimate facture for the failure of the business. One can choose to be a sole proprietor, partner with others, form a limited liability company or a corporation. The first two need not be registered with the state. The procedure to incorporate a business requires certain steps. One has to decide the type of corporation, name of the corporation, state of incorporation and the filing of the papers.

As the corporation is a separate legal entity, the identification has to be unique. It is essential to check with the authorities as to whether the name for the business already exists. If it exists, some other name has to be chosen. Some names can be appended with the name of the business like XYZ bank. The type of corporation is decided by determining whether or not one has to raise capital through the public, the duration of the corporation, the management structure and control and the type of corporation like LLC or corporation. There is a S form of corporation that has a special tax structure so that double taxation of the income is avoided.

The procedure for filing papers for all types of corporation remains the same. By law, it is required to register the corporation in the state the business is operating. It is also possible to incorporate in one state where the tax structure and other conditions are favorable and operate in another state. For this, the corporation should designate a registered agent with a physical address in the state. This is done to facilitate communication between authorities and the corporation.

Finally ,the incorporation is done by filing papers that contains details about the business along with the registration fees. Usually registration is about $400. It takes some time to complete the process. and if one needs to expedite, an additional fee is required.

Incorporate provides detailed information on Incorporate, Why Incorporate, Incorporate Business, Incorporate Llc and more. Incorporate is affiliated with Business Incorporation Services.

Discover Skandia Cowes Yachting Week 2008, Company Yachting Events from Ondeck

Auto Date Saturday, June 14th, 2008

Yachting as a sport, relaxation or used as a corporation device is really advisable. There are also unique sailing events that make it equally invigorating and can be something that the complete members of the family can go and experience as one. One of the most interesting weeks of the sailing schedule is the Cowes Regatta Week; this yachting event takes place every year and has been established since 1826 which makes it the longest running regatta in the world. With more than 600 vessels and six thousand rivals participating, being inspected by ninety-thousand viewers a day, Cowes week has attained the level as one of the prime yachting corporate hospitality and community event of the year.

The eight thousand five hundred participants consist of Olympic and world class capable sailors to apprentice sailors. Nevertheless, if you are not joining in yourself, watching the yachting, taking pleasure in the gatherings and live events, & to witness the unique feeling, makes it a one of a sort corporate yachting event. Find great offers on Cowes Week 2008 corporate events from Ondeck Sailing.

With Ondeck Yachting, in 2008 sees the introduction of their fresh Regatta Division. Developing on their tremendous position in the charter market, this has seen Ondeck Sailing, run many great events for organisations, they have nowadays joined up with Britannia Events, the primary organisers of industry events in the UK.

The course of the racing event itself will vary each day as reasons such as the weather forecast, tidal currents and speed of each set of yacht is taken into mind. A typical Cowes Regatta has over thirty five commences each day for participates of cruiser series one designs & keelboats; adding to a sum total of over 500 powerboats. Throughout this time the Solent which is a busy business waterway, is overflowed with sailing vessels of all classes and is particularly rich in colour owing to the boats spinnakers. As high lighted earlier in addition to the sailing performances the week incorporates a big number of onshore events which include live comedy and cocktail parties. From private or commercial house parties and nominally private yacht societies and boats, there are big marquees put-up in the harbours giving out food & wine.

Franchisors Are Well Advised to Watch the Competition

Auto Date Thursday, June 12th, 2008

Many franchisors are well advised to watch your competition like a hawk, especially if you are a fast-mover entrepreneurial type franchise. So often the competition in an industry, which is typically non-franchised field will be quite concerned when a franchise system comes into the industry and starts it rapid expansion roll-out.

How do I know this? Well, let’s just say I have experience in such things. Industry associations, good ole’ boy networks and corporations with many outlets and good market share numbers will be watching. When you get tough in their markets they will cheat, call in favors from government regulators and wiggle their way into your game via lawyers, litigation and government intervention and disruption. Indeed from an abstract point, really government doesn’t do anything very well, but government is a great tool to attack your competition with and your competition will use them to attack you.

You see in government regulatory bodies there are two types of bureaucrats those who are corrupt and those who are totally inept. The corrupt ones want a job in the private sector and do favors now to participate in the revolving door game and the inept one’s are mislead into thinking they are helping the consumer or public when they are being led astray by competitors.

Franchisors need to know who their franchisees are and make sure one of their competitors is not hiding behind a dummy corporation to get their proprietary information. In our company we had several attempts by competitors to buy into our business model and I instituted some modifications to our franchise agreement to prevent this. Here is one clause I came up with to catch the competitors trying to by our franchises, which came at the end of the franchise agreement, if they lied on this there would be civil and criminal remedies for us;

7.26 Additional Representations

Franchise makes the following additional warranties and representations:

(a) Franchisee is a (check one):

___Partnership ___Corporation ___Limited Liability Company ___Sole Proprietorship

(b) If Franchisee is a corporation, limited liability company or partnership,
Franchisee must attach your complete articles of incorporation, articles of organization or partnership documents and indicate below the name and address of, and percentage interest owned by, each shareholder, member or partner:

NAME ADDRESS PERCENTAGE

(c) The address where your records are maintained is:

(d) The name and address of your designated agent to receive notice are:
Franchisee will not substitute a new designated agent without prior written notice to
Franchisor.

(e) The name and address of your manager are:

—– —— ——–

If you run a franchise company you may wish to consider how you are going to deal with the liars and cheaters of the world who cannot compete on their own merits and are inherently weakest of breed and generally poor excuses for human beings. Such inferior folks are out there and they will do anything to take the lazy way out rather than working to deliver superior service, quality and fair pricing to the customer and working to streamline their business models to maximize profits. Personally I feel sorry for such folks, but that does not mean I will allow them to get the upper hand. Trust but verify, which is my advice to you and how you do that is entirely your decision. So, consider all this in 2006.

Lance Winslow - EzineArticles Expert Author

“Lance Winslow” - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/

How to Care for Cleaning Equipment

Auto Date Saturday, June 7th, 2008

As a cleaning business owner, how many times do you walk into a janitor closet and find dirty equipment, filthy mop buckets, vacuum cleaners that haven’t been emptied, and spray bottles that no longer spray properly? Have you or your supervisors taken the time to train your employees on how to properly care for your equipment? Use this checklist to keep your supplies and equipment in top working condition.

Plastic Spray Bottles

  • Wipe bottles as necessary to avoid residue and buildup
  • Replace label when needed
  • Periodically take apart trigger and clean to avoid clogging

Brute & Caddy

  • Wipe down inside and out as needed

Rags

  • Do not leave lying around - they are a disease and safety hazard. Keep in a bag for dirty rags
  • Discard greasy or oily rags

Dust Pans

  • Disinfect and wipe front edge as needed

Brushes

  • Rinse in clear, cold water, shake out excess. If brush is dirty, wash it out in lukewarm cleaning solution and rinse with clear water. Let dry with bristles straight.
  • Storage - hang brush - do not put the brush weight on the bristles.

Brooms

  • Do not use when wet, do not stand on its straws. Do not use broom for scrubbing. Rotate frequently so it will wear evenly.

Putty Knife

  • After each days use, wipe knife to remove moisture and debris.
  • Store in clean, dry place.
  • Edge the blade as needed to keep it sharp

Measuring Cups

  • Rinse with water immediately after use.

Dust Mops

  • Do not use dry mops to pick up liquids. Do not use dust mops on oily floors.
  • Remove loose soil frequently, using a vacuum cleaner if possible; otherwise shake into large waste receptacle.
  • Never store a mop on the floor. Hang the mop so air can circulate.

Wet Mops

  • Before using a new mop, soak for several minutes to remove sizing and toughen the fibers.
  • Rinse after use.
  • Do not twist the mop in the wringer. If it is twisted or squeezed too hard it can be destroyed because the actions will break the fibers.
  • Use your fingers to straighten the strands.
  • Cut off loose or uneven strands.
  • Hang mops to dry in a light, airy place. Never store on the floor or in the mop bucket.

Floor Finish Mops

  • After using, wash out all floor finish or wax with clean water.
  • Wring out as much water as possible, shake to fluff strands.
  • Never use detergent or soap on a mop intended for floor finish.
  • Put mop in a clean plastic bag after use.

Buckets & Wringers

  • Do not use force on a wringer lever - use only enough hand pressure on the lever to wring out the mop.
  • Remove any loose mop head yarn, string or foreign matter that becomes tangled in the wringer.
  • Wash and scrub all surfaces of the bucket with disinfectant. Rinse with warm water and wipe dry.
    Keep wringer oiled and tight.
  • Keep wringer in “release” position when it is not being used.
  • Rinse blade in clean water after use.
  • Wipe dry, do not store with blade down or bent.

Upright Vacuum Cleaners

  • Empty bag regularly.
  • Wipe outside of vacuum after emptying.
  • Check for strings, carpet yarns, etc. wrapped around beater bar.
  • Check belt for cuts and change when needed.
  • Empty magnet bar after each use.

Buffers

  • Wipe down entire surface after each day’s use. Also wipe cord.
  • Check pad for replacement.
  • Blow out motor approximately every 2 weeks.
  • Once per month check screws and bolts to ensure they are tight.

Slow Speeds

  • Wipe down entire surface after each day’s use. Also wipe cord.
  • Rinse tank after each use.
  • Check drive unit for cracks on wear.

Synthetic Floor Pads

  • Floor pads can be used on both sides. Once both sides have been used, the pad should be set aside for cleaning or soaking.
  • Floor pads can be cleaned by rubbing one against the surface of another. Or you can use a hand scratcher. Follow by rinsing with a sharp stream of hot water and giving a final rinse of cold water. Pads that do not respond to this method should be soaked overnight in a concentration of synthetic detergent or stripping solution. After soaking, each pad should be rinsed under a sharp stream of hot water. After a final rinse of cold water, the pads should be shaken and placed on a flat, non-rusting surface for drying. Pads are not ready for re-use until they are completely dry.
  • Tip: When pads become excessively worn, they can be cut into small sections that can be used as hand or foot scratch pads.

Wet/Dry Vacs

  • Rinse out inside, wipe inside and out after each use.
  • Rinse and wipe hoses and attachments.

Carpet Machines

  • Rinse out inside of tank, filters, hoses and attachments.
  • Wipe down outside.

Pump-Up Sprayers

  • Release pressure.
  • Wipe outside.
  • When empty, rinse out, spray water through sprayer to keep from getting plugged up.
Steve Hanson - EzineArticles Expert Author

Steve Hanson is co-founding member of The Janitorial Store (TM), an online community for owners and managers of cleaning companies who want to build a more profitable and successful cleaning business. Sign up for Trash Talk: Tip of the Week at http://www.TheJanitorialStore.com and receive a Free Gift!

Restroom Revenues???

Auto Date Sunday, May 25th, 2008

Restroom Revenues??? by Dan Reinhold It seems there’s no end to
the wackiness you can experience in the work-at-home world. When
I stepped into a restroom at a Dunkin’ Donuts (my wife’s coffee
addiction requiring frequent attention),I spotted some biz card
sized pale green pieces of paper casually(?) placed on top of
the toilet paper dispenser.

On one side was printed many dollar signs and “1,000 Dollars” in
large green (of course!) letters. On the flip side, it read,
“Great news! This could be a real $1,000.00 bill for you, two to
five times a week. How? Through outr fully automated, internet
driven home based business. No gimmicks, please visit
www.************.org/Mr.Bruce . Thank you for your time, it’s
valuable and we won’t waste it.”

A .org suffix??? Could this be something like the infamous
whitehouse.com?

A more sincere and compelling message I have never received in a
lavatory before!

What a clever idea…complimentary toilet paper. And what are
the expected results of such a “campaign”? How many primo
qualified prospects reply? How would you refer to “poor”
results?? Sorry, Mr. Bruce, I ain’t buying. Your message seems
somehow…suspect? Now, if I’d found this in a Starbucks
restroom… Be the first to know what you SHOULD know:
WAHumorWayBook2@aweber.com Dan Reinhold is the proud author of
“The WAHumor Way: Reality Check, Please!”, the essential primer
for everyone starting a home business or even thinking about it.
With two boys, a dog, a cat, a rat, a wife and a household to
keep together to boot, Dan’s also the editor of WAHumor to hang
on to his sanity by showing how insane the work-at-home
community can be! Subscribe quickly at WAHumor@aweber.com You
could Win Big!!

Is Success Supposed To Happen For You?

Auto Date Tuesday, May 20th, 2008

One common thread that runs through all of you who are just
starting out with a home business is “Why can’t I seem to make
anything happen?”

You put in extra hours busting your butt to get your business up
and running so why are you NOT making any money yet?

You have done all the right steps…Picked a great cutting edge
product, put up a very nice website with a strong sales letter,
placed some ads, etc…

But nothing seems to be going on.

You start to get frustrated and then you second guess your
product, website, advertising, and just about everything else.

You read story after story about how this person made thousands
of dollars in a month and by golly they are just like you, so
why can’t you seem to do the same.

Then it happens…You tell yourself that maybe you are just NOT
cut out for home business success.

Yep, you wake up one day and tell yourself it just is not
supposed happen for you. OH PLEASE!! You know what I say about
that…

“Horse Hockie!!” You can and will succeed. You just need to keep
going and DO NOT QUIT!

One of the main reasons others have succeeded is they kept at
it. Just when things seemed to go wrong, these successful
individuals did one very important move that separates them from
the failures…they did not did not give up.

You will need to do the same. Treat each new day as if it were
the very first day of your business.

Keep up the excitement that first spawned you on to wanting a
home business.

Try something different and new when you feel as though you are
becoming stale.

Keep up the belief that you WILL be a success. Remember the only
person who can stop you from ever becoming a success is YOU!

Salehoo :Salehoo Dropship Urban Clothes

Auto Date Wednesday, May 14th, 2008

Salehoo: Wholesale Merchandise Lots And Pallets For Sale
One should not bound their option for suppliers within local neighbourhood or territory. Instead, bring your business worldwide; look for better suppliers that will supply cheaper and yet maintaining, or even with a better quality of supplies. If the supplier 3 blocks down the road has been supplying you gift baskets that were decorated with wilted flowers, dump them. Look for a better one, even if it is halfway around the globe! Salehoo is one of the best selling products on Clickbank, so learn all about Salehoo wholesalers.

If there are ten thousand or more searches per month for an item this indicates a healthy market which is the real benefit of Salehoo dropshippers. Are you an eBay seller flea market vendor or retailer looking for wholesale sources? Finding the right wholesale source can be a daunting challenge especially if you have no previous experience in the retail or wholesale business and also the Salehoo Suppliers. Entrepreneurs are required to sign up to become a member at a nominal fee

Salehoo Wholesale Bulk Bowling Shirts:
At this point you may wonder why everyone doesn’t simply buy at wholesale and then resell in individual lots. Part of the reason is because many eBay sellers do not have the storage capacity, or the money, to buy large lots. If you have the storage capacity, and some extra money to spend, then you should definitely think about buying wholesale lots on eBay and reselling them in smaller lots. There are times when you can buy a wholesale lot for a low price, take better pictures of it and write a better description, and sell it for up to double the price of what you paid for it. Ebay powersellers trust Salehoo dropshippers and Salehoo prices.

Also if your after electrical goods check out the Chinese wholesalers Salehoo has, so try to join the Salehoo forums. They tell you that for the products you sell they will send you a check each and every month for your commissions, which will be the Salehoo customers. See Salehoo.