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Member You - Franchise Opportunity - Questions To Ask The Franchisor - #44
There are many different ways in which a company can be incorporated. It not necessary for business owners to get the services of an attorney, but it is recommended. The State of Nevada has a pro-business stand towards piercing the corporate veil. Business owners choose to make Nevada their domicile state of business so that their personal assets are not threatened, in case of a lawsuit. A limited liability company or LLC can be set up in Nevada, by submitting articles of organization to the Secretary of State. This can be done with the help of a resident
It can be extremely difficult to find your ideal job today. The working climate is very competitive, more so than it has been in the last few years, purely because of the introduction of temping or staffing agencies to help resolve problems in the workforce. There have not been enough individuals in certain industries to comfortably staff the various companies that struggle to run from day to day. Getting a job is easy enough if you choose the right agency, especially if you skills are in demand. A temporary secretarial job, for example, is a common one an
Whether it’s hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors’ services, there are Franchise opportunities available to evaluate. There are great Franchise systems, good Franchise systems, and bad Franchise systems. The challenge is to ask the right questions to find the right system that will fit your goals and dreams. The key is to ask the questions – and listen closely to the responses. Only then can you determine if the Franchise opportunity is the right fit for you. So whether it’s food services like burgers or coffee, professional services like telecom or IT, or manual services like cleaning or oil changes, ask the questions and record the answers.
Control Your Own Destiny
The degree of priority that this particular criterion holds for an individual is probably the single most important factor to consider before making the decision to strike out on your own. Just how important is it that you control day-to-day decisions about what you do, and where you do it. How important is it to you to know that you have ultimate control over whether you stay or whether you go at some point.
The reality is that it’s not really possible to control your own destiny with a job. Even the most important CEO’s must answer to the Board of Directors. In more traditional circumstances, when and where you travel, when you get promoted, how much you earn, and how long you keep your job are items that are simply not in your control. The boss, and his boss, and her boss, control those things. As we have seen, bosses change, as do Boards, and status quo is sent for a topsy-turvy spin. When, and if, those things happen, are generally not in the control of an employee.
As we have seen in recent years, decades really, right-sizing, down-sizing, out-sourcing, and severance packages are the norm of the employment world. The importance of these items, including the degree of control you require over them, should help guide you to your own comfort zone. In addition to a systematic approach to the objective items in making a decision to become an entrepreneur on your own, or to become a Franchisee in a good system, these emotional factors should be ticked off the list as well. Are you satisfied where you are? Can
There are considerable benefits to owning a home-based business. Some of the benefits fall into a tangible category such as the possibility of increased income and more time available for family. However, there is an equally important category of benefits that could best be described as intangible. These benefits are difficult to quantify with a specific monetary amount but instead refer to the happiness and sense of satisfaction that is gained by the home-based business person. I will briefly explore a few of the tangible and intangible benefits that
Control Your Own Destiny
The degree of priority that this particular criterion holds for an individual is probably the single most important factor to consider before making the decision to strike out on your own. Just how important is it that you control day-to-day decisions about what you do, and where you do it. How important is it to you to know that you have ultimate control over whether you stay or whether you go at some point.
The reality is that it’s not really possible to control your own destiny with a job. Even the most important CEO’s must answer to the Board of Directors. In more traditional circumstances, when and where you travel, when you get promoted, how much you earn, and how long you keep your job are items that are simply not in your control. The boss, and his boss, and her boss, control those things. As we have seen, bosses change, as do Boards, and status quo is sent for a topsy-turvy spin. When, and if, those things happen, are generally not in the control of an employee.
As we have seen in recent years, decades really, right-sizing, down-sizing, out-sourcing, and severance packages are the norm of the employment world. The importance of these items, including the degree of control you require over them, should help guide you to your own comfort zone. In addition to a systematic approach to the objective items in making a decision to become an entrepreneur on your own, or to become a Franchisee in a good system, these emotional factors should be ticked off the list as well. Are you satisfied where you are? Ca
Do either of these two descriptions sound like you?You are a solo entrepreneur working around the clock. You're tired and quickly becoming burned out. You seem to spend an awful lot of time booking and rebooking appointments with clients, doing paper work and chasing up on unpaid bills - Why is it then that at the end of the month you just don't seem to have made very much money …hire someone? - You have got to be kidding, you're hardly earning enough to support yourself.You are a hard working team leader, you average 12 - 14 hours a day. Eve
The reality is that it’s not really possible to control your own destiny with a job. Even the most important CEO’s must answer to the Board of Directors. In more traditional circumstances, when and where you travel, when you get promoted, how much you earn, and how long you keep your job are items that are simply not in your control. The boss, and his boss, and her boss, control those things. As we have seen, bosses change, as do Boards, and status quo is sent for a topsy-turvy spin. When, and if, those things happen, are generally not in the control of an employee.
As we have seen in recent years, decades really, right-sizing, down-sizing, out-sourcing, and severance packages are the norm of the employment world. The importance of these items, including the degree of control you require over them, should help guide you to your own comfort zone. In addition to a systematic approach to the objective items in making a decision to become an entrepreneur on your own, or to become a Franchisee in a good system, these emotional factors should be ticked off the list as well. Are you satisfied where you are? Ca
Calling your past clients on the phone to update your database is the perfect time to get their email address and let them know about any discounts, specials or new products you may be offering. Ask them if they would be interested in receiving a monthly email newsletter or participating in a new referral reward program that you just implemented. A strong solid customer relationship is the best sales tool for generating future business, and as much as we hate to admit it, there’s nothing more impacting on sustaining customer loyalty than calling customers
As we have seen in recent years, decades really, right-sizing, down-sizing, out-sourcing, and severance packages are the norm of the employment world. The importance of these items, including the degree of control you require over them, should help guide you to your own comfort zone. In addition to a systematic approach to the objective items in making a decision to become an entrepreneur on your own, or to become a Franchisee in a good system, these emotional factors should be ticked off the list as well. Are you satisfied where you are? Ca
Is fear of failure an issue when you commit valuable money in advertising?Well how about if I showed you a way to remove this fear and you know that you would be able to spend money advertising KNOWING you would get a return?Is that a valuable lesson?Course it is!So, how do you do it?The answer is testing!It's simple really.. Instead of sending out 1000 sales letters for example. Send out 500. In these 500 have 5 different headlines so 5 x 100 = 500Why?Well what we are trying to establish here is what
Did you have to travel over your son’s birthday? Did you have an expense disallowed unfairly? Is the likelihood high or low of the bronze (as opposed to golden) parachute at age 53, with a low chance of a comparable position in the job market? Did you get passed over for a promotion, did you have to work overtime through the Christmas holidays, did you miss your daughter’s volleyball tournament because you couldn’t get off early on Friday? If these things eat at you, perhaps a change in course is due. If you accept that these things go with the territory of employment, then change may not be necessary.
Of course, as you progress up the ladder of promotion, you gain some additional autonomy for these types of issues. However, you must also try to determine if that next rung also carries an additional risk of termination at some point.
On the other hand, will being in the business you are evaluating help solve the problems that are important to you? Will your business cause the same travel issues? Will the time demands, or strange hours of being a businessperson, be an advantage or disadvantage?
Evaluate these items honestly, and with as much empirical evidence as you can gather, along with the other control issues that matter to you. Then determine which situation meets your goals more appropriately. And determine how important that is to you. Then it’s time to move on to the next evaluation criteria.
If you always use the ‘I deserve to be happy’ test with each criterion, and try to determine which scenario is most likely to get you closest to that goal, then you will know which column to tick. If
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