10 Main Do s and Don ts When Buying A Franchise

Size: px
Start display at page:

Download "10 Main Do s and Don ts When Buying A Franchise"

Transcription

1 10 Main Do s and Don ts When Buying A Franchise

2 The 10 Main Do s and Don ts When Buying A Franchise Investing in a franchise can be one of the most rewarding experiences for an entrepreneur, both on a personal and a professional level. But the decision is a critical and crucial one with significant short and long- range repercussions. To ensure that those turn out positive and successful not disappointing and financially and personally draining it helps to follow a few tried and tested guidelines. Here are 10 of the most important do s and don ts to consider before embarking on a franchise adventure. #1) Do Something You Love Many measures for success exist and there are all sorts of sophisticated metrics for measuring achievements and defining or refining goals. But those who do what they love tend to be good at it, regardless of whether or not they have a natural proclivity or formal training. When our job is something that we are passionate about and inspired by, we will do whatever it takes to keep it and learn to do it better each day. The best situation of all and the one that is most desired is that which pairs our passion with our vocation. When HR experts conduct batteries of tests on applicants, they essentially look for the merging or confluence of two powerful influences namely aptitude and passion. So when choosing a franchise, it is important to keep in mind that our chances for success will be exponentially increased if we are able to do something that we love and that also plays to our strengths, our unique skillset, and our individual personality and natural talent. Enthusiasm and energy are contagious, and when men and women are engaged in activities they like regardless of how much effort they exert, their supply of vitality, zeal, and optimism tends to be constantly replenished. The brain is a complex organ, and when we are unhappy, depressed, or lack interest in our routine activities it responds much differently than it does when we do that which we love and enjoy. When the mind is excited by a positive outlook and a job that is fun to do, the physical brain actually responds in an extraordinary fashion. The brain produces natural chemicals known as endorphins, and grows new organic synaptic pathways that not only help to keep us vibrant and upbeat but also help us learn faster, solve more complex problems, and expand out ability to see the bigger picture and grasp new concepts while identifying fresh opportunities. #2) Do Buy Proven Profit Potential, First and Foremost The number one rule in any business venture and one that should remain first and foremost as while shopping for a potential franchise is that - profits rule. Regardless of what else factors into a franchise buying decision, net profit needs to be the bottom line in terms of the ultimate prerequisite while buying a franchise. Without profit there is no gain, only a long and potentially arduous road to nowhere. Study the franchise carefully to ensure that is has the ability to not just make money, but also retain profits after all other expenses are deducted. Some business sellers actually bank on the fact that their buyers will fail, as corrupt and immoral as that may sound. Many small businesses do fail, with large numbers of them going under within the first year or two of operation. Don t become one of those statistics by falling for hype or inflated expectations of success. To come out ahead when buying a franchise, it is necessary to buy value that can be multiplied or repeated over time with an increasing margin for profit.

3 To figure out whether a franchise is worthwhile, it is absolutely essential that exhaustive due diligence research be performed. Preferably this kind of discovery process should be conducted by a team of pros who can uncover values and liabilities, strengths and weakness, pros and cons. What to look for is not revenue, the number of transactions or customers, or the strength of market share. Those are all essential components of the equation, no doubt, and without knowing that kind of data it may be virtually impossible to ascertain the value and profit potential of any business. But regardless of how much of the market is captured, how many customers there are, or how many sales are made and how fast the inventory turns over, the real results to focus on are profits. Profit basically means making more money that is spend, and it is often said that nobody ever went broke while making a profit no matter how small because profit is the key to a successful business. Find profit in a franchise. Then look down the road to see if there are ways to continue preserving that profit. Next, examine the potential for those profits to grow. Soon the attractive and worthy franchises will emerge, as those that are inferior and inflated beyond realistic expectations will fall away from the selection process. A huge selection will become a short list, and casual browsing will be honed down to the final selection of a truly golden opportunity for franchise ownership. #3) Don t Go it Alone Enlisting the help of others is one of the keys to success in any endeavor, because none of us got where we are without learning from others who could offer advice, insight, and mentoring wisdom. Asking for help can be a challenge for many people, especially those who share the rather independent spirit of the ambitious entrepreneur. But getting ahead in business means getting connected to others who can lend support and expertise, and that is especially true when evaluating franchises to find one to buy. As we practice asking for and accepting help we also learn to delegate responsibility, evaluate the performance of those we enlist the help of, and we learn teamwork and leadership. Those are skills that any franchisee needs to develop, sharpen, and improve upon throughout an entire lifetime; and the best time to start brushing up on them is during the preliminary phase while exploring the possibility of buying a business franchise. Without a doubt, those who intelligently utilize the resources of others will have more success and longevity. Some kinds of professional assistance are not optional, either, and those include help from a qualified and credentialed attorney who focuses on franchise law. Other lawyers will simply charge for the time it takes them to research the subject and come up to speed, so it is less expensive and time consuming in the long run to pay a higher premium and hire a franchise specialist. Others to add to a team of consultants include bankers, accountants, marketing experts, HR specialists, and when it comes time to lease or buy an office, showroom, or warehouse space a competent and reliable Realtor. Choose an especially organized and supportive franchise and teams of expert professionals may be included as part of the package; however, this makes franchising easier and typically more successful than starting a business from scratch. Buying into that kind of arrangement ensures that the franchisee gets both - customized expertise and discounted services. It may also mean enlisting professionals of a much higher caliber than could be found locally. This is just one more example of why buying into a franchise versus doing everything by oneself may offer distinct advantages. And it only serves to further confirm the notion and validate and underscore the principle that we should not go it alone, because there is greater strength in numbers.

4 #4 Do Develop a Business Plan As the saying goes, prior planning prevents problems. A business plan offers a tangible, well-articulated blueprint of one s overall vision, plus a breakdown of the steps and resources needed to accomplish both major and minor goals. A typical business plan might include, for example, the following information: Executive Summary Introduction Business Model Highlights / Unique Opportunities Products and Services Growth Strategy Financial Summary Organizational Overview Mission Statement / Philosophy Primary Objectives Keys to Success Organizational Structure Capital Requirements Historical Background / Track Record Products and Services Detailed Description Delivery System Measures of Success / Quality Controls Milestones and Metrics Market Analysis Market Analysis and Need Target Market Demographics Prospects for the Future Goodwill / Branding Resell Market for the Franchise

5 Strategy and Implementation Primary Goals Marketing Strategy Revenue Strategy Profit Projections Management and Personnel Organizational Structure Management Team Personnel Training and Education Risk Assessment and Financial Planning Financial Goals Assets Statement of Activity Statement of Financial Position Cash Flow Franchise Fees / Revenue Sharing In other words, a comprehensive business plan will include lots of data that can be shown to others including franchisees, bankers, and potential investors so that they can offer input, suggestions, and predictions regarding whether the franchise in question can fulfill the plan. Spend the time to create one because sometimes the process of putting the plan on paper becomes the most effective and revealing way to analyze a business, clarify goals, and answer questions that might not otherwise even be asked. #5) Don t Buy Sight Unseen Visit a franchise in the system to get a feel for how it operates both from the perspective of an investor and as a customer. Arrange to have a guided tour of a typical location or better yet, visit an older site, a brand new location, plus one that represents the average store or office. Noticing consistency or inconsistency across these different branches will offer a clear idea of whether or not the entire franchise delivers a unified brand identify and constant level of customer service. For service-based franchises, you can talk to actual franchisees. Be respectful of their time and pick a good, mutually-beneficial time to ask them why they went into business.

6 To get a fair assessment, ask the following five questions: 1. What do you like most and what do you like least about your franchise? 2. How extensive and intensive is the initial training program? 3. How is the ongoing support? In other words, what does the franchise do for you AFTER they ve awarded you their franchise? 4. Are you meeting your financial goals? If so, what are you doing right? If not, what could you be doing better? And finally 5. Knowing what you know today, if you had to do this all over again, would you still pick the same franchise? #6) Do Get Everything in Writing As with any major purchase, it is important to get everything in writing so that there are no misunderstandings or miscommunications. Of course getting everything in writing means one thing to the average layperson and quite another thing to an attorney, so it is important to follow the guidance of a lawyer well versed in franchise agreements when taking care of this important task. Attention to detail is critical, and so is clear understanding, so do not hesitate to ask questions. If answers are too complicated to comprehend it is not time to stop asking for clarification, but rather it is time for those giving the answers to figure out a better and more comprehensible way to explain things for your edification. Many commitments and promises may be made outside of the official franchise agreement, and it is important to document as many of those casual conversations as possible by taking notes. Later, with the help of an attorney, key points can be inserted into the final agreement as an addendum, footnote, or by elaborating on the details in legal language that both agree upon and sign off on as part of the deal. #7) Don t Forget to Anticipate Resell Value In the excitement of buying a business, it is important to remember to look toward the future. As the Swedish proverb says, the morning never knows what the afternoon has in store. Even if the future of a franchise is bright, it still may be a good idea to sell it. In fact, if the outlook for a franchise is outstanding, that may be the most compelling reason to put it on the market and the best time to convert the business into a profitable sale while demand is high. Before buying any investment, one smart piece of advice is to sit down first and figure out how to liquidate it. Knowing how to get out of an investment helps to figure out what the investment is worth, because it puts the buyer into the shoes of another buyer who may have a more critical eye. Changing the point of view can be a brilliant way to see a situation from a different angle and can help one think outside the box in an informative and innovative way. And if it is possible to sell an investment at a break-even point the day after purchase, it is most

7 likely a solid and worthwhile investment. Figuring out that it is possible to buy and then sell a franchise for a profit makes it even more attractive, and that is part of the process when anticipating resell value and coming up with a reasonable exit strategy. Even if the plan is only a theoretical one to help organize one s investment approach, it can be an intelligent exercise of business imagination. The best franchises not only produce revenue and profit from ordinary operations, but they also add equity by growing in value over time. Purchase a dynamic franchise with strong growth potential and the rewards will multiply, offering more than one way to get a strong return on one s original investment. To see this potential, study the franchise s potential resell value before buying into it in the first place. #8) Don t Discount the Power of Dreams Many people are afraid of success, because it represents the unknown, and that is perfectly understandable especially for those who have always worked for somebody else and have never shouldered the responsibility of self-employment. But by following the kinds of steps outlined above, those fears which are sometimes a valuable mechanism to protect us from danger and errors in judgement should be systematically alleviated. What remains is a vision of possibility, and when the potential to fulfill a dream presents itself, it is important to recognize it, act on it, and seize the day before the chance evaporates or somebody buys it out from under us. Buying into a business as a franchisee should be more than a mere business deal because, as previously explained, it is important to find a franchise that inspires passion, interest, and the ability to make a living while doing what we love. Having eliminated those franchises that don t make the grade or pass muster, it is time to stop procrastinating and step up to the plate it is time to reward oneself with action that transforms imagination and dreaming into reality and tangible fact. #9) Do Consult Family and Friends Before signing on the dotted line it is necessary to ensure the support of family members and other important people, because running a franchise will have a powerful influence and effect on other facets of one s life. Especially for those who have never before gone into business for themselves, the support of significant others is vital and can promote a more healthy and successful transition during this change of career. Owning a retail business, for example, can mean a commitment to work while others are taking time away from work. Weekends and holidays are typically the most profitable days for stores and restaurants, for instance, but those who own and operate those businesses may have to sacrifice time with their own families to make them prosper. Of course the smartest business owners learn to set up their franchises so that they operate smoothly even in their absence. That way they can enjoy the richest rewards of self-employment without stressing over whether or not the business will stumble or suffer if they are not physically present. #10) Do Listen to Instinct and Don t Ignore Intuition

8 Just as it is important and healthy to consult family members and other loved ones before entering into the world of franchise ownership, it is also necessary to trust one s own instincts and intuitions. If something doesn t feel right then that may be a red flag or a signal that more investigation and research is necessary. By the same token, if something is exciting and satisfying at the gut level, that can be a strong indication of alignment in a variety of positive ways that are psychological, emotional, and spiritual. Take Time to Reflect on One s Achievements Having shopped carefully, applied due diligence to ferret out hidden pitfalls and potential bonuses, consulted the experts, and gained a personal insight into the business with key support from others, it is possible to invest with confidence. Buying a franchise is an investment in one s happiness, job satisfaction, and financial future, so once the proper steps have been taken and the selection process has been finalized, it is also important to celebrate one s hard work and accomplishments. Not everyone is cut out for franchise ownership, but those who are can count themselves among the most fortunate people in the entire business world. ###

9 Who is ActionCOACH? ActionCOACH is the world s number 1 business coaching franchise that traces its beginning back to a small room in a suburb of Brisbane, Australia, where Brad Sugars began developing a series of seminars and workshops to help small business owners grow their businesses. That was in Since then, the business has burgeoned into one of the fastest growing franchises in the world, with more than 1,000 business coaches operating in 26 countries. Here s why we re Entrepreneur s TWENTY-SEVENTH ANNUAL ActionCOACH is currently ranked (and has been so for the past five years) the #1 Business Coaching Franchise in the World by Entrepreneur Magazine. In 2008, Entrepreneur Magazine also ranked ActionCOACH #76 in the Franchise 500, #46 Fastest Growing Franchise, #17 Top Homebased Franchise and #49 America s Top Global Franchise. ActionCOACH was also named a Finalist in the prestigious 2005 Stevie International Business Awards Best Overall Company category, winning in 2006 as Best International Business and Best U.S. Company in The Stevie Awards are the World s Premier Business Awards and recognize the accomplishments and positive contributions of companies. GLOBAL OFFICE 5781 S. Fort Apache Rd Las Vegas, Nevada 89118, USA Ph: +1 (702) Fax: +1 (702) Toll-Free: (888) FRANCHISE 2006 Franchisee Satisfaction Awards In 2008, ActionCOACH made the Top 50 Franchises in the Franchisee Satisfaction Awards conducted by the Franchise Business Review. Out of the nearly 250 companies entered, representing over 45,000 franchisees around the globe, ActionCOACH was ranked #41. ActionCOACH was the winner of the prestigious 2005 Franchise of the Year Award in Ireland. The award is presented to the company that has demonstrated outstanding growth and development in the service sector of the franchise industry. Winning the Franchise of the Year Award is a major achievement for a company that was introduced to Ireland just three years prior. In 2006, ActionCOACH was awarded UK Franchise Provider of the Year by Business Britain magazine. The award, which is the first ever to be made by Business Britain, was presented to ActionCOACH after a panel of journalists and managers from the magazine judged it to have excelled across a wide range of criteria including reputation, franchise return on investment, profit growth potential, and quality of franchisee support. Australia Brazil Canada China Columbia Dominican Republic England France Hong Kong India Indonesia Ireland Malaysia Mexico New Zealand North Ireland Puerto Rico Philippines Portugal Scotland Singapore South Africa Spain Taiwan USA Wales actioncoach.com ActionCOACH was named winner of the Rising Star Award in the 2006 Queensland 400 (Q400) in Australia. The Q400 provides public recognition for the contribution of local business heroes by highlighting achievements in its official Q400 book.

Buy a Franchise or Go it Alone?

Buy a Franchise or Go it Alone? Buy a Franchise or Go it Alone? Buy a Franchise or Go it Alone? Why going into business is less risky and often more rewarding with a franchise system. Owning a business is one of the fastest ways to wealth,

More information

The 2014 Ultimate Career Guide

The 2014 Ultimate Career Guide The 2014 Ultimate Career Guide Contents: 1. Explore Your Ideal Career Options 2. Prepare For Your Ideal Career 3. Find a Job in Your Ideal Career 4. Succeed in Your Ideal Career 5. Four of the Fastest

More information

Average producers can easily increase their production in a larger office with more market share.

Average producers can easily increase their production in a larger office with more market share. The 10 Keys to Successfully Recruiting Experienced Agents by Judy LaDeur Understand whom you are hiring. Don t make the mistake of only wanting the best agents or those from offices above you in market

More information

Welcome home to true value.

Welcome home to true value. Welcome home to true value. We are the specialists. Whether buying your first home, your dream home or investing in property, the right finance guidance is essential. At LJ Hooker Home Loans we combine

More information

Choosing HOW you fund your business is just as IMPORTANT as the business you choose.

Choosing HOW you fund your business is just as IMPORTANT as the business you choose. Choosing HOW you fund your business is just as IMPORTANT as the business you choose. About Benetrends Benetrends has been helping visionary entrepreneurs successfully launch their dreams for nearly 30

More information

12 Essential Characteristics of an Entrepreneur

12 Essential Characteristics of an Entrepreneur 12 Essential Characteristics of an Entrepreneur 12 Essential Characteristics of an Entrepreneur An entrepreneur is a businessperson who not only conceives and organizes ventures but also frequently takes

More information

Workbook for: Rapid Planning Method (RPM)

Workbook for: Rapid Planning Method (RPM) Workbook for: Rapid Planning Method (RPM) There is one tool above all others that influences the quality of life: the capacity to take a vision of what you want and make it real. The key to this game of

More information

1. Dream, Mission, Vision and Values

1. Dream, Mission, Vision and Values 1. Dream, Mission, Vision and Values This document constitutes Chapter 1 of the Fundamental Texts of CGI Group Inc. It begins with the mission statement of the company and is followed by the vision, the

More information

A REAL PASSION FOR MARKETING

A REAL PASSION FOR MARKETING A REAL PASSION FOR MARKETING Accelerating YOUR Clients Business Growth Through Online Marketing CONTACT ww w.luv4marketing.com info@ luv4marketing.com UK - +44 (0) 1949 833014 US - +1 (702) 439 0025 INDEX

More information

Income Protection Cover. A fresh approach to Income Protection with 5-star cover

Income Protection Cover. A fresh approach to Income Protection with 5-star cover Income Protection Cover A fresh approach to Income Protection with 5-star cover What should Income Protection offer you? If you are unable to work because of illness, injury or disability, we believe that

More information

Why Your Local Business Needs a Website

Why Your Local Business Needs a Website Why Your Local Business Needs a Website Let's face it; times have changed and the way people look for new products and services has changed. Think about it when was the last time you picked up a phone

More information

Understanding Franchising

Understanding Franchising Understanding Franchising By: Robert A. Gappa President, Management 2000 For the past twenty-five years the key concepts of franchising have been under going evolution and transformation. Management 2000

More information

REWARDS. you will love. 2013-2014 REWARDS BOOK

REWARDS. you will love. 2013-2014 REWARDS BOOK REWARDS you will love. 2013-2014 REWARDS BOOK 1 A MESSAGE FROM THE FOUNDER PATTY BRISBEN The best year of your life starts today. This minute. This is the year it all comes together, the year you empower,

More information

How To Be A Successful Employee

How To Be A Successful Employee Talent Trends 2014 What s on the minds of the professional workforce Introduction For career-minded people everywhere, these are interesting times. Economies continue to falter in several regions of the

More information

Four Pillars of Sales Success. Sales Training for Large Organisations

Four Pillars of Sales Success. Sales Training for Large Organisations Four Pillars of Sales Success Sales Training for Large Organisations Contents Introduction 3 Confidence & Belief 4 Knowledge 5 5 Skills of Successful Sales People 6 Process and structure 7 Brian Abram

More information

Key #1 - Walk into twenty businesses per day.

Key #1 - Walk into twenty businesses per day. James Shepherd, CEO You can be successful in merchant services. You can build a residual income stream that you own. You can create lasting relationships with local business owners that will generate referrals

More information

A guide to help you make the most of Your Choice. Employee Guide

A guide to help you make the most of Your Choice. Employee Guide A guide to help you make the most of Your Choice Employee Guide This guide is to help you understand a bit more about Your Choice. This is the total package of benefits that you may be eligible for as

More information

Sample. Sales Manager

Sample. Sales Manager Sales Manager Sample Dear Applicant, We thank you for your application for the position in our Sales Management Department. You have been selected for the first round of assessment and hereby we enclose

More information

Grooming Your Business for Sale

Grooming Your Business for Sale PRIVATE COMPANIES Grooming Your Business for Sale Plan for the Future but Be Prepared for the Unexpected KPMG ENTERPRISE 2 Grooming Your Business for Sale Grooming Your Business for Sale Plan for the Future

More information

Build a Fabulous Foundation. How to be a Successful Sales Leader

Build a Fabulous Foundation. How to be a Successful Sales Leader Build a Fabulous Foundation How to be a Successful Sales Leader Becoming a Sales Leader Build your team watch your earnings grow even faster! Selling Avon products directly to Customers is a vital part

More information

Thinking about College? A Student Preparation Toolkit

Thinking about College? A Student Preparation Toolkit Thinking about College? A Student Preparation Toolkit Think Differently About College Seeking Success If you are like the millions of other people who are thinking about entering college you are probably

More information

Sales & Marketing Services & Strategy

Sales & Marketing Services & Strategy Sales & Marketing Services & Strategy Planning Development Implementation Our Approach We have a passion for helping companies make sales and marketing easier. We want you to receive first class solutions

More information

WEALTH. The Great Secret of the Ages

WEALTH. The Great Secret of the Ages WEALTH The Great Secret of the Ages You can have anything you want: wealth, a loving relationship, radiant health, true happiness, a life of ease, anything your heart desires, once you know the Great Secret

More information

SUNOVA CREDIT UNION BRAND STRATEGY

SUNOVA CREDIT UNION BRAND STRATEGY SUNOVA CREDIT UNION BRAND STRATEGY A collaboration by Sunova employees and members Collated by the Sunova Marketing Department Introduction What is a brand? Our brand is our promise to our members and

More information

A Real Estate Investment Company. Home Selling Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1

A Real Estate Investment Company. Home Selling Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1 A Real Estate Investment Company Home Selling Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1 Who Are We? Arcane Properties is a full service real estate solutions firm that purchases and

More information

Tips for First Time Home Buyers

Tips for First Time Home Buyers Tips for First Time Home Buyers Thinking about buying your first home? Andrew L. Jaloza & Associates will help you understand the process of home ownership so you can make informed decisions about your

More information

QUIZ: What Matters Most to You? Creating a Filter for Franchise Concepts

QUIZ: What Matters Most to You? Creating a Filter for Franchise Concepts Chapter 4: QUIZ: What Matters Most to You? Creating a Filter for Franchise Concepts How do you face 3,000 franchise concepts in the marketplace and narrow your choice down to just 1? For starters, I recommend

More information

SEPTEMBER 2012 TALENT ASSESSMENT IN M&A THE PEOPLE FACTOR

SEPTEMBER 2012 TALENT ASSESSMENT IN M&A THE PEOPLE FACTOR SEPTEMBER 2012 TALENT ASSESSMENT IN M&A THE PEOPLE FACTOR It is critical to assess the target company s human capital with the same rigor that s applied toward assessing pension liabilities, inventories,

More information

The Value of Financial Planning

The Value of Financial Planning The Value of Financial Planning FPSB s Global Consumer Survey Danel Kuhlmann Financial Planning Standards Board Marketing & Communications Director 1 Copyright 2015 Financial Planning Standards Board Who

More information

Direct Selling Marketing Secrets

Direct Selling Marketing Secrets Direct Selling Marketing Secrets By Darnyelle A. Jervey Incredible Factor Business Coach and Marketing Mentor info@incredibleoneenterprises.com 1 P age Table of Contents Welcome 3 Why Marketing?...5 15

More information

2015 UCISA Award for Excellence Entry

2015 UCISA Award for Excellence Entry Institution Name: University of Leeds Originating Department: IT Contact Name (and email address): John Grannan j.k.grannan@leeds.ac.uk, Sally Bogg, s.l.bogg@leeds.ac.uk Project Title: IT Help Desk Continual

More information

How to Intentionally Attract & Build Dream Teams

How to Intentionally Attract & Build Dream Teams How to Intentionally Attract & Build Dream Teams How to Intentionally Attract & Build Dream Teams Learn to attract passionate, productive, profitable people to your business team for greater synergy and

More information

Financial Freedom: Three Steps to Creating and Enjoying the Wealth You Deserve

Financial Freedom: Three Steps to Creating and Enjoying the Wealth You Deserve Financial Freedom: Three Steps to Creating and Enjoying the Wealth You Deserve What does financial freedom mean to you? Does it mean freedom from having to work, yet still being able to enjoy life without

More information

Freedom The Studio Pilates International franchise network

Freedom The Studio Pilates International franchise network Freedom The Studio Pilates International franchise network Freedom Create the lifestyle you ve always wanted and do it in style with a Studio Pilates International franchised studio. I lost 18kg in 8

More information

WE HAVE A 95% SUCCESS RATE FOR Getting Our Clients Their Visa!

WE HAVE A 95% SUCCESS RATE FOR Getting Our Clients Their Visa! THE VISA REPORT: The Smartest, Most Reliable Path to U.K. Immigration DID YOU KNOW? Innocently saying the wrong thing or omitting crucial facts in an immigration application can get your applicant banned

More information

How to Start a Film Commission

How to Start a Film Commission How to Start a Film Commission Starting a film commission is not really any different than starting any new business. You will need to so some research, develop a plan of action, and find people who are

More information

May 25th, 2016--"Car Buying: How to Avoid the Extra Stress"--Mary Dittfurth

May 25th, 2016--Car Buying: How to Avoid the Extra Stress--Mary Dittfurth May 25th, 2016--"Car Buying: How to Avoid the Extra Stress"--Mary Dittfurth The car-buying process can get pretty stressful, especially if you re not prepared for it. Car buying is supposed to be exciting,

More information

56 Key Profit Building Lessons I Learned from Jay Abraham s MasterMind Marketing Training.

56 Key Profit Building Lessons I Learned from Jay Abraham s MasterMind Marketing Training. 56 Key Profit Building Lessons I Learned from Jay Abraham s MasterMind Marketing Training. Jay Abraham is a man you should all know. If you do not - go to the library and start learning - just do it! He

More information

How Can I Get the Money Flowing? (Transcript of Lecture found at http://www.wealthbeyondreason.com/moneystuff.html)

How Can I Get the Money Flowing? (Transcript of Lecture found at http://www.wealthbeyondreason.com/moneystuff.html) How Can I Get the Money Flowing? (Transcript of Lecture found at /moneystuff.html) It seems to be a fact that when people start to learn about the Law of Attraction, the number one thing they want to attract

More information

Senior Care Master Franchise

Senior Care Master Franchise How to Acquire and Make a Fortune Owning a Senior Care Master Franchise WHAT IS A MASTER FRANCHISE Within the world of franchising, there exists a little-known opportunity that can create a fortune, known

More information

Compensation Plan Guide

Compensation Plan Guide Compensation Plan Guide Rewarding You For What You Do Jamberry began with a simple idea of helping women everywhere find a new way to express themselves. Our mission is to spread both joy and success through

More information

MARY WANG & OLIVER GU

MARY WANG & OLIVER GU WELCOME Lead Generation System A Simple System to Build Your Online Money Machine MARY WANG & OLIVER GU GoldenVisionTraining.com WELCOME Lead Generation System 2 NOTICE: You Do NOT Have the Right to Reprint

More information

15 Principles of Project Management Success

15 Principles of Project Management Success 15 Principles of Project Management Success Project management knowledge, tools and processes are not enough to make your project succeed. You need to get away from your desk and get your hands dirty.

More information

Seeing you through refinancing

Seeing you through refinancing REFINANCING GUIDE Seeing you through refinancing hether you re moving home, renovating, or simply looking for a different home loan, refinancing doesn t need to be complicated. At QuickSelect we are interested

More information

Creating and Maintaining a Professional Practice

Creating and Maintaining a Professional Practice Creating and Maintaining a Professional Practice Provided by The AIA Trust in coordination with Victor O. Schinnerer & Company, Inc. Starting your own firm is a challenge; structuring it to survive is

More information

A Real Estate Investment Company. Real Estate Agent Partnership Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1

A Real Estate Investment Company. Real Estate Agent Partnership Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1 A Real Estate Investment Company Real Estate Agent Partnership Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1 Who Are We? Arcane Properties is a full service real estate solutions firm

More information

GET STARTED WITH LINKEDIN. A Guide by ConsultingFact.com. An Insider s Guide

GET STARTED WITH LINKEDIN. A Guide by ConsultingFact.com. An Insider s Guide GET STARTED WITH LINKEDIN A Guide by ConsultingFact.com An Insider s Guide Why Is LinkedIn Popular? With the advent of technology and social media, LinkedIn has become one outstanding tool for finding

More information

3 Keys to Preparing for CRM Success: Avoid the Pitfalls and Follow Best Practices

3 Keys to Preparing for CRM Success: Avoid the Pitfalls and Follow Best Practices CRM Expert Advisor White Paper 3 Keys to Preparing for CRM Success: Avoid the Pitfalls and Follow Best Practices Ten years ago, when CRM was nascent in the market, companies believed the technology alone

More information

TOOLKIT 1 HOW TO ACHIEVE YOUR PERSONAL GOALS

TOOLKIT 1 HOW TO ACHIEVE YOUR PERSONAL GOALS TOOLKIT 1 HOW TO ACHIEVE YOUR PERSONAL GOALS Achieve your hopes and aspirations. Learn from high performing people. Get real focus and direction in your life. This is a very personal toolkit it s about

More information

Get connected... btgraduates.com. facebook.com/btgraduatecareers. ...to the best graduate opportunities. btgraduates.com

Get connected... btgraduates.com. facebook.com/btgraduatecareers. ...to the best graduate opportunities. btgraduates.com btgraduates.com facebook.com/btgraduatecareers Get connected......to the best graduate opportunities BT Group plc. Registered office: 81 Newgate Street, London EC1A 7AJ. Registered in England and Wales

More information

Interview with Simon Beaty, Snooze Sleepwell

Interview with Simon Beaty, Snooze Sleepwell Interview with Simon Beaty, Snooze Sleepwell As one of Australia s longest-running and innovative franchised businesses, Snooze s experience in the bedding industry is second to none. Managing Director,

More information

It s Time to Write Your Business Plan By Jim Mulligan

It s Time to Write Your Business Plan By Jim Mulligan It s Time to Write Your Business Plan By Jim Mulligan If you re looking to start a business, the thought of developing a business plan might seem daunting. Some even question the value of spending time

More information

REAL ESTATE SALES SOLUTIONS A GREG HARRELSON SALES ACADEMY

REAL ESTATE SALES SOLUTIONS A GREG HARRELSON SALES ACADEMY REAL ESTATE SALES SOLUTIONS A GREG HARRELSON SALES ACADEMY A MESSAGE FROM OUR FOUNDER AND CEO GREG HARRELSON Hello and thank you for taking the time to learn about the many benefits of working with our

More information

YOUR LUV4 MARKETING BUSINESS

YOUR LUV4 MARKETING BUSINESS YOUR LUV4 MARKETING BUSINESS Accelerating YOUR Clients Business Growth Through Online Marketing CONTACT ww w.luv4marketing.com info@ luv4marketing.com UK - +44 (0) 1949 833014 US - +1 (702) 439 0025 INDEX

More information

Telemarketing Services Buyer's Guide By the purchasing experts at BuyerZone

Telemarketing Services Buyer's Guide By the purchasing experts at BuyerZone Introduction: reasons to outsource The main reason companies outsource telemarketing operations is that setting up a large scale telemarketing call center is expensive and complicated. First you ll need

More information

MERCER S COMPENSATION ANALYSIS AND REVIEW SYSTEM AN ONLINE TOOL DESIGNED TO TAKE THE WORK OUT OF YOUR COMPENSATION REVIEW PROCESS

MERCER S COMPENSATION ANALYSIS AND REVIEW SYSTEM AN ONLINE TOOL DESIGNED TO TAKE THE WORK OUT OF YOUR COMPENSATION REVIEW PROCESS MERCER S COMPENSATION ANALYSIS AND REVIEW SYSTEM AN ONLINE TOOL DESIGNED TO TAKE THE WORK OUT OF YOUR COMPENSATION REVIEW PROCESS MERCER S COMPENSATION ANALYSIS AND REVIEW SYSTEM www.imercer.com/cars Mercer

More information

15 Most Typically Used Interview Questions and Answers

15 Most Typically Used Interview Questions and Answers 15 Most Typically Used Interview Questions and Answers According to the reports made in thousands of job interviews, done at ninety seven big companies in the United States, we selected the 15 most commonly

More information

So You d Like a Sport Psychology Consultant to Work With Your Team? Three Key Lessons Learned from Olympic Teams

So You d Like a Sport Psychology Consultant to Work With Your Team? Three Key Lessons Learned from Olympic Teams So You d Like a Sport Psychology Consultant to Work With Your Team? Three Key Lessons Learned from Olympic Teams Sean McCann, Senior Sport Psychologist, United States Olympic Committee I first started

More information

Isagenix Global Compensation Plan

Isagenix Global Compensation Plan Isagenix Global Compensation Plan INTRODUCTION Welcome to Isagenix! This company can be your vehicle on the road to financial freedom and a lifetime of satisfaction by helping others. The Isagenix Global

More information

Module 1 Personal Vision and Mission Statements for Business Leaders

Module 1 Personal Vision and Mission Statements for Business Leaders Module 1 Personal Vision and Mission Statements for Business Leaders By Michelle Pate, MA, MBA How many times have you worked for a company and many of your co-workers don t know what is happening at the

More information

USEFUL TERMS Crowdfunding getfunding.com.au Rewards Keep It All Campaigns All or Nothing Campaigns

USEFUL TERMS Crowdfunding getfunding.com.au Rewards Keep It All Campaigns All or Nothing Campaigns This guide is based on years of experience assisting people to raise funding and attract funding opportunities to projects. We have assisted individuals, small and medium size businesses, inventors, and

More information

AVOIDING BUSINESS RISK: THE HIDDEN BENEFIT OF SOFTWARE AS A SERVICE

AVOIDING BUSINESS RISK: THE HIDDEN BENEFIT OF SOFTWARE AS A SERVICE AVOIDING BUSINESS RISK: THE HIDDEN BENEFIT OF SOFTWARE AS A SERVICE AVOIDING BUSINESS RISK: THE HIDDEN BENEFIT OF SOFTWARE AS A SERVICE Software as a Service (SaaS) is now the predominant architecture

More information

Key Steps Before Talking to Venture Capitalists

Key Steps Before Talking to Venture Capitalists Key Steps Before Talking to Venture Capitalists Some entrepreneurs may not be familiar with raising institutional capital to grow their businesses. Expansion plans beyond common organic growth are typically

More information

Serviced Accommodation

Serviced Accommodation Serviced Accommodation How To Turn A House Into A Hands-free Hotel Business - making up to 1,000 cashflow per month! (taking up NONE of your own time) By Paul Smith In Association With: How To Turn A House

More information

COOKIE-CUTTER BUSINESSES

COOKIE-CUTTER BUSINESSES COOKIE-CUTTER BUSINESSES By Frank Demmler Many businesses are self-contained economic units. Restaurants, retail outlets, day care centers, bowling alleys and movie theaters are some obvious examples.

More information

Protect your business and preserve your legacy. The 10 questions every business owner should consider.

Protect your business and preserve your legacy. The 10 questions every business owner should consider. Protect your business and preserve your legacy. The 10 questions every business owner should consider. Our top ten questions and answers While there are many Top Ten Questions lists published in the financial

More information

How to Write a Business Plan

How to Write a Business Plan How to Write a Business Plan Small Business Development Center (SBDC) A well-written comprehensive business plan forms the basis for the success of any business venture. The business plan is a written

More information

11 Ways to Double Your Customer Base in Four Weeks

11 Ways to Double Your Customer Base in Four Weeks 11 Ways to Double Your Customer Base in Four Weeks 11 Ways to Double Your Customer Base in Four Weeks Double the volume of business clients or customers within a single month by following simple but highly

More information

SPIN Selling SITUATION PROBLEM IMPLICATION NEED-PAYOFF By Neil Rackham

SPIN Selling SITUATION PROBLEM IMPLICATION NEED-PAYOFF By Neil Rackham SITUATION PROBLEM IMPLICATION NEED-PAYOFF By Neil Rackham 1. Sales Behavior and Sales Success Small Sales Selling Techniques The traditional selling techniques that most of us have been trained to use

More information

Free Report. My Top 10 Tips to Betting Like a Pro With Zero Risk

Free Report. My Top 10 Tips to Betting Like a Pro With Zero Risk Free Report My Top 10 Tips to Betting Like a Pro With Zero Risk Legal Disclaimer: EVERY EFFORT HAS BEEN MADE TO ACCURATELY REPRESENT THIS PRODUCT AND IT'S POTENTIAL. EVEN THOUGH THIS INDUSTRY IS ONE OF

More information

The material in this document is intended to provide only general information to Canadian Western Bank s clients and the public, and not for the

The material in this document is intended to provide only general information to Canadian Western Bank s clients and the public, and not for the Business Valuation The material in this document is intended to provide only general information to Canadian Western Bank s clients and the public, and not for the purposes of providing professional advice.

More information

Starting your Business Guide

Starting your Business Guide Starting your Business Guide Small Business Resources The material in this document is intended to provide only general information to Canadian Western Bank s clients and the public, and not for the purposes

More information

Hiring Your First Employee: A Step by Step Guide

Hiring Your First Employee: A Step by Step Guide Hiring Your First Employee: A Step by Step Guide 1 Hiring Your First Employee: A Step by Step Guide Brought to you by ithemes Your one-stop shop for WordPress themes, plugins & training PUBLISHED BY ithemes

More information

1Steps to a Successful Core Vendor Evaluation & Selection. www.smslp.com 800-477-1772

1Steps to a Successful Core Vendor Evaluation & Selection. www.smslp.com 800-477-1772 1Steps to a Successful Core Vendor Evaluation & Selection Before you make an expensive, long-term decision Get the answers you need to select the best core vendor and technology partner for your bank.

More information

FEATURED COURSES CURRENTLY AVAILABLE

FEATURED COURSES CURRENTLY AVAILABLE FEATURED COURSES CURRENTLY AVAILABLE NEW! A Checklist for Successful Performance Appraisals and Discussions- 4 hours The formal performance appraisal discussion is an integral part of the performance management

More information

Address by CEO Karl-Johan Persson at H&M s AGM 2015

Address by CEO Karl-Johan Persson at H&M s AGM 2015 Address by CEO Karl-Johan Persson at H&M s AGM 2015 Good afternoon everybody, and a warm welcome to H&M s annual general meeting 2015. I am very pleased to see so many of you here today. As always, lots

More information

SMARTER. BOLDER. FASTER.

SMARTER. BOLDER. FASTER. WHY BECOME A CENTURY 21 AGENT? REWARDS. YOU ARE A PEOPLE PERSON. YOU CAN MAKE THINGS HAPPEN. IT S LIKE THAT STORY ABOUT THE ENGINE THAT COULD. AND YOU CAN. SMARTER. BOLDER. FASTER. WE SEE THE EARTH AS

More information

Sources of finance (Or where can we get money from?)

Sources of finance (Or where can we get money from?) Sources of finance (Or where can we get money from?) Why do we need finance? 1. Setting up a business 2. Need to finance our day-to-day activities 3. Expansion 4. Research into new products 5. Special

More information

K-12 Entrepreneurship Standards

K-12 Entrepreneurship Standards competitiveness. The focus will be on business innovation, change and issues related to the United States, which has achieved its highest economic performance during the last 10 years by fostering and

More information

NEGOTIATING STRATEGIES

NEGOTIATING STRATEGIES NEGOTIATING STRATEGIES Career Services GSU 309 768-4287 www.hartford.edu/career An aspect of the job search process that people tend to have the most questions about is negotiating; how does one go about

More information

SOUTH AFRICA. Company Profile

SOUTH AFRICA. Company Profile SOUTH AFRICA Company Profile FORGET WHAT DAY OF THE WEEK IT IS Company Profile Flight Centre Travel Group is an Australian based international travel company and the largest retail travel outlet in Australia.

More information

International money transfer 101 for businesses

International money transfer 101 for businesses transfer 101 for businesses transfer 101 for businesses Think global, act local. It s been a big business mantra since the 80s, but in the internet era the term has a new meaning. Nowadays, companies can

More information

All you need to know about the. Seniors Money Lifetime Loan. Information for you, your family and your advisers

All you need to know about the. Seniors Money Lifetime Loan. Information for you, your family and your advisers All you need to know about the Seniors Money Lifetime Loan Information for you, your family and your advisers 1 Contents This brochure from Ireland s only specialist Lifetime Mortgage provider highlights

More information

E XPERT PERFORMANC E. Building Confidence. Charting Your Course to Higher Performance. The Number 1 Challenge for New Leaders

E XPERT PERFORMANC E. Building Confidence. Charting Your Course to Higher Performance. The Number 1 Challenge for New Leaders E XPERT PERFORMANC E Charting Your Course to Higher Performance CHALLENGE: Today s leaders need to meet an increasing demand for measurable results in ever decreasing time frames. SOLUTION: Ultimately

More information

STRATEGIC ALIGNMENT AND CAPACITY BUILDING FOR THE HR COMMUNITY

STRATEGIC ALIGNMENT AND CAPACITY BUILDING FOR THE HR COMMUNITY STRATEGIC ALIGNMENT AND CAPACITY BUILDING FOR THE HR COMMUNITY An Overview Designing, driving and implementing people management strategies, processes and projects for real business value HR Strategic

More information

The Future of Retirement The power of planning

The Future of Retirement The power of planning The Future of Retirement The power of planning Singapore Report Foreword It has been our constant endeavour to make research available to our customers and distributors to create awareness for the need

More information

Guide: How to Build a Digital Listing Presentation

Guide: How to Build a Digital Listing Presentation Introduction It s no secret that it s harder to find inventory and get listings. According to the National Association of REALTORS, here are a few stats that explain why: The inventory of newly constructed

More information

Re-energizing the Practice of Leadership for the Public Good Public Sector Core Leadership Practices Paradoxes of Leadership

Re-energizing the Practice of Leadership for the Public Good Public Sector Core Leadership Practices Paradoxes of Leadership Re-energizing the Practice of Leadership for the Public Good Public Sector Core Leadership Practices Paradoxes of Leadership In July of 2001 a group of representatives from the National Security Agency

More information

The 5 Keys to Successful Fundraising by Sandra Sims

The 5 Keys to Successful Fundraising by Sandra Sims The 5 Keys to Successful Fundraising by Sandra Sims 2 nd Edition Copyright 2005 The 5 Keys to Successful Fundraising Page 1 Introduction The 5 Keys to Successful Fundraising covers the essential elements

More information

BUSINESS PLAN QUESTIONNAIRE

BUSINESS PLAN QUESTIONNAIRE BUSINESS PLAN QUESTIONNAIRE Company Name: Business Owner Name(s): Address: Phone: E-mail: Fax: Web Site: Who is the primary audience for your business plan? Lenders Investors Internal Use MISSION/VISION/OBJECTIVES

More information

# of Annual % of Busines Sales Busine Sell for % for Sale % that Sell ses sses < $500K $500K- $1M $1 - $2.5M $2.5- $10M $10-$50M >$50M 100

# of Annual % of Busines Sales Busine Sell for % for Sale % that Sell ses sses < $500K $500K- $1M $1 - $2.5M $2.5- $10M $10-$50M >$50M 100 With Succession in Mind Increasing Your Business Value For Remodelers Gregory R. Caruso Attorney, CPA, CVA Principal, 410-507-5441 gcaruso@harvestbusiness.com 1 What We Will Cover Huge Value Swing Business

More information

Lindblad Expeditions Holdings, Inc.

Lindblad Expeditions Holdings, Inc. Special Investor Call CORPORATE PARTICIPANTS Sven Lindblad President and Chief Executive Officer John McClain Chief Financial Officer Mark Ein Chairman of the Board Ben Bressler Founder and President of

More information

Leasing Points. The Benefits of Leasing Over Buying

Leasing Points. The Benefits of Leasing Over Buying Leasing Points The National Association of Equipment Leasing Brokers The Benefits of Leasing Over Buying To lease or to buy, that is the question faced by businesses across the country. Here are a few

More information

THE 10 MOST POWERFUL CHANGES THAT WILL INCREASE SALES IN YOUR COMPANY IMMEDIATELY!

THE 10 MOST POWERFUL CHANGES THAT WILL INCREASE SALES IN YOUR COMPANY IMMEDIATELY! THE 10 MOST POWERFUL CHANGES THAT WILL INCREASE SALES IN YOUR COMPANY IMMEDIATELY! LEADS X CONVERSIONS = SALES Most companies put all their efforts into generating more leads to generate more sales. In

More information

Invest Success Mentorship Program THE INVEST SUCCESS MENTORSHIP PROGRAM SPONSORED BY ICOR

Invest Success Mentorship Program THE INVEST SUCCESS MENTORSHIP PROGRAM SPONSORED BY ICOR Invest Success Mentorship Program THE INVEST SUCCESS MENTORSHIP PROGRAM SPONSORED BY ICOR An Introduction to Invest Success Mentor Program Through the Mentorship Program, Invest Success will share with

More information

Test your talent How does your approach to talent strategy measure up?

Test your talent How does your approach to talent strategy measure up? 1 Test your talent How does your approach to talent strategy measure up? Talent strategy or struggle? Each year at Head Heart + Brain we carry out research projects to help understand best practice in

More information

Talent Management Leadership in Professional Services Firms

Talent Management Leadership in Professional Services Firms Talent Management Leadership in Professional Services Firms Published by KENNEDY KENNEDY Consulting Research Consulting Research & Advisory & Advisory Sponsored by Table of Contents Introduction.... 3

More information

50 Tough Interview Questions

50 Tough Interview Questions You and Your Accomplishments 1. Tell me a little about yourself. 50 Tough Interview Questions Because this is often the opening question, be careful that you don t run off at the mouth. Keep your answer

More information

The Commission Cutting Report

The Commission Cutting Report The Commission Cutting Report Why they re being cut and what you can do about it! By Mike Ferry Page 1 of 17 THE COMMISSION CUTTING REPORT Why am I writing a report of this type? Why is a report of this

More information

Franchising USA HEALTHY FRANCHISING WOMEN IN FRANCHISING: HOW MUCH MONEY WILL YOUR FRANCHISE MAKE? WEIGHT LOSS & WELLNESS: FROM MARKETING TO MILLIONS

Franchising USA HEALTHY FRANCHISING WOMEN IN FRANCHISING: HOW MUCH MONEY WILL YOUR FRANCHISE MAKE? WEIGHT LOSS & WELLNESS: FROM MARKETING TO MILLIONS THE MAGAZINE FOR FRANCHISEES VOL 02, ISSUE 05, MAR 2014 $5.95 www.franchisingusamagazine.com WEIGHT LOSS & WELLNESS: HEALTHY FRANCHISING HOW MUCH MONEY WILL YOUR FRANCHISE MAKE? WOMEN IN FRANCHISING: FROM

More information