Small business articles
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- 2007-11-13 22:16:19 - The number of pages in the ufoc in franchising is still growing today
- Today required franchise disclosure documents are over 200 pages generally. How many pages do you think the Uniform Franchise Offering Circular; UFOCs were 35 years ago for these ten-foot tall pillars of the franchising community like Kroc, Monhan and Rosenberg founded their companies? They were of course the founders of McDonalds, Domino's Pizza and Duncan Donuts.Look at the modern day UFO...
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- 2007-11-13 22:16:19 - Who does over disclosure really hurt in franchising?
- Costs of over regulation and over disclosure end up hurting the very consumer that the regulatory bodies are trying to protect. Over disclosure and over regulation is in itself the worst evil of civilization, as it stifles free enterprise, innovation and free markets. In franchising the disclosure documents have in fact grown to over 200 plus pages in length on average. You should be happy you are...
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- 2007-11-13 22:16:19 - More rules for franchising?
- The FTC- Mighty Federal Trade Commission has unilaterally decided to change the franchise rule. They changes are sure to hurt American business, Franchisors and the over 400,000 Franchisees in the United States today. These regulatory changes even if mere interpretations and opinion cause events which have unintended consequences. Such changes are rarely forgotten as one simple stroke of a pen by ...
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- 2007-11-13 22:16:19 - Franchise rule to be revised; why?
- The FTC, Federal Trade Commission, is considering modifying the franchise rule. So far it has be a ten-year process; just imagine working that slow in your business? In 1995, 1997 and 1999 when the comments were first considered and taken in, which spans a ten-year period. When you combine those comments with this current rule making period they may have broken the record for the longest rule maki...
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- 2007-11-13 22:16:19 - Why the over regulation on the franchising model?
- Franchising is the fastest way to build small businesses, provide jobs, create money flows. Currently the Federal Trade Commission wishes to increase the over regulation on the franchising sector. The way the Federal Trade Commission conducts itself provides little incentive or allows few new entrepreneurial companies to merge from the ashes to become the next Wendy's Hamburger, McDonalds, Duncan ...
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- 2007-11-13 22:16:19 - The franchisors heavy load
- Why are we over regulation the franchising industry, what purpose does it serve? Rules and laws are fine, level playing fields are nice, but the customer votes with their dollar and the entrepreneur and companies can only sell what people are willing to give up that unit of trade we call a dollar for.The FTC, Federal Trade Commission is going to pile on more regulation and minutia to the ru...
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- 2007-11-13 22:16:19 - Franchising vs business opportunity; what is the difference?
- The modern Franchise business model and the much different business opportunity are much different and dissimilar. The definition of these two business models should be broken into completely different parts to better fit the two-different business models and have their own set of regulations, which would contain similar stipulations with regards to prohibitions, definitions or basic rules of law....
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- 2007-11-13 22:16:19 - Private franchising is not real a real franchise
- One major issue not being addressed right now in the regulatory definitions which guide consumers and lawyers in business opportunities and franchising is the new term being used; Private Franchising. The Federal Trade Commission decided it would revise its definitions of such opportunities in 1995, but failed to address this issue. The use of the term; Private Franchising has grown over the years...
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- 2007-11-13 22:16:19 - Basic psychology of franchisee ownership and expansion
- If you are a franchisee of a large franchise system; before you expand your franchise to include more stores there are some questions you might ask yourself. If, however, you bought your franchise to expand, grow and amass a small empire of your own, your franchisor will be the last person to stand in your way. Franchisors applaud those who are true entrepreneurs and believe in no limits. Your Fra...
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- 2007-11-13 22:16:19 - Expanding a mobile car wash business
- What is the best time to expand a mobile car wash business? If everything were perfect and you could choose the best time to buy a new mobile car wash rig, you should buy it in April and have it running by the 20th of May. If you have 1.5 times the business of your first unit, then you automatically have enough business for one-half of a second truck, van or trailer unit combination. In June, the ...
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- 2007-11-13 22:16:19 - Expanding franchisee advice
- Franchisor expansion policies are not as simple as one might think. On the mind of every businessperson is the idea of expansion. We think we will make more money when you expand to a second, third, fourth, etc. unit, store or work truck. So you would think if you are franchisee of a large franchise system that the franchisor would want to help you into that additional outlet as soon as possible o...
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- 2007-11-13 22:16:19 - Street wars between mobile car washers and mobile auto detailers
- There is much competition in the mobile auto detailing business. There are two different lines of reasoning emerging as to how the business should be run. One is go for volume and discount and wash the world. The other is go after the high end customer which is 10% of the market, do exceptional work and charge as much as the market will give. These two principles are the reason for a war between m...
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- 2007-11-13 22:16:19 - Competition in the mobile car wash industry
- We have all seen the mobile washing units cruising our city, usually they are trucks, vans or trailer set ups with a water tank and a pressure washer unit aboard. They market their services with flyers and business cards, however most of their business comes from weekly repeats and referrals. Some cities have hundreds of these units going around the city cleaning stuff. You may think what a great ...
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- 2007-11-13 22:16:19 - Auto detailers and competitive aspects of automobile detailing
- There are both fixed and mobile detailers. Consumers often will use either or both during the life of their car. Mobile Detailing is nice because they come to you. Fixed site auto detailers often work in a controlled environment and can produce higher quality work. Due to the competitive aspects fixed site detailers generally will offer pick up and drop of services. Due to costs to run an automoti...
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- 2007-11-13 22:16:19 - Small businesses with work trucks; a warning
- If you are a non-operator owner of many work trucks, you should keep your business credit card with you not leave it in one of the trucks. You should not issue them to employees without strict guidlines. Employees may tend to abuse credit cards by buying things that are not an emergency such as tires that are over priced instead of simply plugging a hole in a flat or spraying fix-a flat into the v...
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- 2007-11-13 22:16:19 - Most franchises are small home businesses
- Many of our nations 400,000 franchisees run their businesses out of their homes and therefore their home addresses and phone numbers are listed in the Unifrom Franchsie Offering Circular's, attachments. Uniform Franchise Circulars, UFOC, are for franchise buyers and they explain the investment involved. It is required by law that they be given out to potential buyers in advance of any sale by 10 b...
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- 2007-11-13 22:16:19 - How to get maximum results with minimum effort
- Get maximum results with minimum effort. Sounds great doesn't it? The key is leverage. You can get a huge result from relatively little investment of resources. Weather it's time, money or intellect, you only have so much. The key is to use your resources as a lever to really explode your income!A great example is real estate. You control a relatively large asset with a fairly small investm...
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- 2007-11-13 22:16:19 - Pet grooming business
- Do you like animals? Would you like to work for yourself? Pet grooming could be the career for you.A grooming business is more than just washing dogs. It can include cleaning ears, trimming nails, brushing teeth, and shaving the animal's coat in stylish ways. The animal can be a dog, cat, pig or other type of animal.With an animal grooming business, the choice is yours. You can have ...
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- 2007-11-13 22:16:19 - How to start a small business
- Not sure how to start a small business? This guide will offer you some useful tips on the basic requirements of starting a small business.Initially, there are two types of businesses available to you, Sole Trader or Partnership. Both are explained below:Sole Trader:This is the easiest and least costly way of starting a business. A sole trader can be formed by finding a locatio...
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- 2007-11-13 22:16:19 - How to select a franchise
- Here are some useful tips on how to select a franchise. When selecting a franchise, carefully consider a number of factors, such as the demand for the products or services, likely competition, the franchisor's background, and the level of support you will receive because like any other investment, purchasing a franchise is a risk. You will do well to consider the following items before selecting a...
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- 2007-11-13 22:16:19 - Shopping for a franchise
- Shopping for a franchise is easy if you know what you are doing. You can choose between radio adverts, newspaper adverts, personal recommendation, Internet, or visit a franchise exhibition. Attending a franchise exhibition allows you to view and compare a variety of franchise possibilities. Keep in mind that exhibitors primarily want to sell their franchise systems. Before you attend, research wha...
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- 2007-11-13 22:16:19 - What to consider before buying a franchise
- Here are some useful tips on what to consider before buying a franchise. Before investing in any franchise system, be sure to get a copy of the franchisor's disclosure document. Sometimes this document is called a Franchise Offering Circular. You should read the entire disclosure document.The following outline will help you to understand key provisions of typical disclosure documents. Get a...
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- 2007-11-13 22:16:19 - Buying a franchise
- Buying a franchise is not for everyone. This guide will help you evaluate whether buying a franchise is right for you. It will help you understand your obligations as a franchise owner. Many people dream of owning and running their own business but are often let down by the reality of doing so.By purchasing a franchise, you often can sell goods and services that have instant name recognitio...
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- 2007-11-13 22:16:19 - Is your business property safe and secure?
- Security Professionals provide the products and services necessary to create a safe and secure workplace for you and your employees. Products such as lever hardware, panic and exit devices, desk locks and high security key control systems, as well as security boxes and safes, can help you protect your business and property. In addition, electronic access control systems can be designed to restrict...
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- 2007-11-13 22:16:19 - 7 advantages to incorporating
- There's no question that hard work and a little luck is what it takes to BE successful. But a little knowledge, especially when it comes to setting up your business, will help you STAY successful.While many business owners give a lot of thought to location, store décor, customer service, hiring employees and management issues (and rightly so); choosing the proper business s...
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- 2007-11-13 22:16:19 - Debt collection techniques
- Here are some sound debt collection techniques that can be followed by businesses to mitigate the bad debt crisis:Sending a pre-collection letter. Hiring a collection agency. Doing it yourself.Sending A Pre-Collection LetterMost businesses don't want to "play the bad cop" with their clients, so they approach a collection agency, which for a nominal fee sends a notice...
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- 2007-11-13 22:16:19 - Finding a venture capital firm
- Many ventures are faced with the challenging task of raising venture capital. The first part of this process is finding the right venture capital firm (VC). While this may seem simple, it isn't. There are thousands of venture capital firms in the United States alone, and going after the wrong ones is one of the most common reasons why companies fail to raise the capital they need.When seeki...
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- 2007-11-13 22:16:19 - Dealing with a crooked on the take government worker
- Many government department heads are on the take. Oh they'll jump up and down and swear legitimacy, but it just is not so. Over one-third of Americans will lie to a small business owner to save $2.00 and that same one-third of our population works in government. I am not condemning anyone, merely pointing out fact thru observation and 27 years experience dealing with governmental department heads....
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- 2007-11-13 22:16:19 - Mobile pressure washing and city contracts
- Many mobile pressure-washing companies turn to government contacts to make money. It is very easy to acquire such municipal contracts for cleaning, as the government needs some cleaning up. The cities generally have a fiscal year starting in June, so you want to check on the available contracts around the end of March to see what is coming up, which departments will have budget monies available an...
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- 2007-11-13 22:16:19 - Getting city contracts; local government contracting
- All cities have a purchasing office and/or a procurement officer. They handle all city contracts that are sent out to bid. Usually, to become a small business vendor of the city you must satisfy either some or all of the requirements listed below:Minority Or Woman Owned BusinessSmall Business (Under $500,000/Year Gross)Worker's Compensation Insurance (If Employees Work On Cont...
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