Entrepreneurs are notoriously bad at business admin. To turn your brilliant ideas into a successful business, you need proper systems. Use the following checklists to order your thoughts.
Starting a business is a bit like renovating your house: as the project progresses, the costs seem to multiply. But do not despair. Follow these guidelines to avoid a budget that turns into a "bottomless pit" ...
Franchising is one of the more expensive ways of getting into business. Ironically, it is also a business format for which it is easier to find funding. Funding on preferential terms is a significant determinant of profitability, and it all starts with a business plan.
Starting a business will always cost you money, but there are ways of doing it that could prevent you from having to come up with a lump sum. Here's how.
Setting up a franchise is one of the more expensive ways of getting into business. Ironically it is also a business format for which it is relatively easier to get funding. Here's how to make the good and the bad work for you.
Not all franchises are created equal, and this will be reflected in the fees. A strong, well-known brand will cost you more, but in return you can expect to turn a profit much quicker than when opening a relatively unknown brand.