Posted by admin on Jan 19, 2010 in
Franchise Trading Your Briefcase For An Ice Cream Scoop
You’re excited about buying a franchise, taking the plunge, ready to trade your briefcase for an ice cream scoop. The company’s told you it’s the opportunity of a lifetime, given an impressive tour of their headquarters and taken you to a couple of their operating outlets. When the day ended, they presented their FDD or Franchise Disclosure Document. The representative told you to read it and the contract couldn’t be signed for at least 14 days. Who do you use and what’s it going to cost to review your FDD?
Using A Lawyer Or An Accountant?
Glancing through the document, the first thing you notice is it’s very dry and technical – just the thing to read if you’re having trouble getting to sleep at night. You notice something in bold print on the cover page about showing it to a lawyer or an accountant. Certainly there’s a big difference between a lawyer and an accountant you note. Why would the government say you could use either one? Since the investment in this franchise is a bit north of $250,000 you wisely decide an attorney makes a lot more sense than an accountant. But lawyers and franchise attorneys are expensive and what kind should you use? Read more... (892 words, estimated 3:34 mins reading time)
Tags: Costs, Disclosure, Documents, Franchise, Much, Review, Should
Posted by admin on Jan 2, 2010 in
Business Online Do you know how much you are spending to run your work from home legitimate business online? Do you know if you are running on profit or loss? If you answered no to both or either one of the above questions then you should seriously consider getting the figures now. The future of your business online depends on them.
It has just been brought to my attention that most online business owners do not know how much their work from home business is costing them. Surprising as this may seem, statistics don’t lie. Let’s tackle this from the standpoint of money and time.
Money and time are the two constant factors that are available to everybody. Some folks have more time than money. Others may have more money than time. Those who have the money may opt to build their home legitimate business online by outsourcing. An option to have others perform the online marketing tasks for you for a fee. They can also buy traffic to visit their websites. This is evident in the form of pay per click services and buying advertising spaces to name a few.
It’s great if you are making a profit with the said marketing tactics. What if you are not? Do you know what are you spending to make a sale? If you are spending $30 to make a profit of $25, you are wasting your money. This is the obvious example. Read more... (467 words, estimated 1:52 mins reading time)
Tags: business, Costs, From, Home, Know, Legitimate, Online, Work