Archive for December, 2009

How to Sell Your Business

December 30th, 2009

HandShake 300x199 How to Sell Your Business You must have a well planned exit-strategy for a business, making sure you won’t loose any money. Selling out a business might be a hard task. In order to sell your business smoothly there are certain things that you must take care of. Before you sell it you should prepare individual assets that are to be sold out. While selling a business you must think of how much you want to sell. Strategies must be applied to sell your business. There are many different options to sell your business.

Seller financing is the most important thing that you must consider while selling your business. Most of the buyers are not able to pay the cost of the business, so having a financing option will lead to more prospective buyers. Financing can also lead in loosing money sot his option must be taken with very care. The terms for financing are also lenient than any other banking processes for giving out loans.

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How To Spot A Franchise Scam

December 23rd, 2009

There are several ways, and knowing them may well be your only protection against falling victim to one.

Franchising has made great inroads in the Philippines because of the increasing number of people succeeding in business through this route.
But franchising has a downside: it has given rise to scams.

Franchise scams have indeed been on the upswing, but it hasn’t reached crisis proportions as it had in the United States in the 70s – considered the franchising “dark ages” – when countless individuals were duped into investing in non-existent franchises.

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Franchising – Getting Over the Fear of Buying One

December 12th, 2009

franchise2 300x191 Franchising Getting Over the Fear of Buying One If you’re looking for the safest way to expand or diversify a business, it’s franchising.

Now if that’s true, why do so many people fear franchising?

Since its beginning in the late 1800s, and with its post World War II expansion especially in the United States, franchising has developed one of the greatest business success stories of all time. Main Street America is populated by franchise outlets. From restaurants to specialty food shops, bookstores to clothing stores, beauty shops to postal centers, and a plethora of service providers, including carpet cleaners, auto shops and home remodelers, franchising is everywhere. Franchise businesses take in 40 percent of all retail sales in the United States.

There are some 2,000+ franchise companies supporting more than 900,000 franchised outlets in America. Countless people have become wealthy through franchising, and there are no financial or educational barriers to keep anyone from using this concept successfully. Governments around the world, and especially in the United States, have made it possible for the average person to investigate franchising and predict the outcome of a franchise investment. University studies, government statistics, and even polls by the Gallop Organization support the success of franchising.

So what’s to fear about franchising?

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50 Ideas For Increasing Profits and Cost Reduction

December 2nd, 2009

Do you want to know 50 great profit building ideas that you can put to immediate use in your business to increase profits and reduce costs?

If yes, read all these ideas that have been implemented by clients and have benefited them giving their businesses dramatic boost in profitability. Most ideas can be put to action immediately. Each idea has the potential to give you many %points increase in net profits.

Research shows profits increase by 4%-56% and costs reduce by 18%-37% within 2 years using the simple 5 step process called the Profit Maps Model. Usually a 5% reduction in cost is adequate to turnaround most loss making businesses.

Businesses can calculate the value of the savings by these 2 simple formulas

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Archive for December, 2009

How to Sell Your Business

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50 Ideas For Increasing Profits and Cost Reduction

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