October 31st, 2008
View useful tips for small business owners on how to prepare and sell their existing franchise business in today's market place.
As a business broker and franchise sales consultant I am often asked what the general process is to sell a franchise business. It's a valid and important question because at some point the vast majority of franchise owners will want to sell their business for a variety reasons including retirement, relocation, divorce, owner burn out, etc. Here are some general tips below that all franchisees should keep in mind before putting their franchise business up for sale and will hopefully make the sales process unfold much smoother.
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October 31st, 2008
Provides a list of popular methods and tools that individuals can use when trying to find and research franchise opportunities available for sale.
As a franchise sales consultant I am often asked what is the best way to start the initial process of researching and finding the right franchise to buy. Most of these individuals are still in the initial stages of thinking about buying a franchise, and don't necessarily have a strong opinion either way about what type of opportunity they are looking for. My answer is that there are more resources available in today's market then at anytime to find and research franchise opportunities. Below is a list of some of the most popular methods prospective franchise buyers can use to help narrow the search process and find the franchise business that's right for them.
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October 30th, 2008
Provides a list of quick business valuation methods for small business owners who are curious about how much their business might be worth in today's market.
As a Business Broker one of the most common questions I receive from small business owners and entrepreneurs I meet is this the following: How do I get a quick idea what my business might be worth? More often that not, most of these individuals are just looking for a rough "street valuation" to determine if they should sell now or sometime in the future. Although there are many unique factors to consider when valuing any individual business, and there are generally no definitive or concrete rules on what any particular existing business maybe worth at any given time, below are a few widely used quick business valuation methods that should give most small business owners an adequate starting point to help determine what their business might be worth in today's market place.
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October 30th, 2008
I've heard it said many times, 'oh you just can't get the staff these
days'… well, actually, yes you can – I don't know where you've been looking,
but there are some exceptional people out there!
I've found that people who are looking for someone for their finance
department often only ever get round to it, when they are at the end of their
tether. They've ignored it, it hasn't gone away, and then in an act of
desperation, they finally decide that they NEED someone NOW! Which is never a
good start.
Desperation
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October 30th, 2008
Keeping your talent is one of your main responsibilities as a manager…you are measured by your ability to handle this important function within the company. Losing people doesn't have to be inevitable even for positions that traditionally have large turnover.
Copyright (c) 2008 Pat Brill
Keeping your talent is one of your main responsibilities as a manager…you are measured by your ability to handle this important function within the company. Losing people doesn't have to be inevitable even for positions that traditionally have large turnover.
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October 30th, 2008
Are you looking into potentially finding the best home internet business for you? That's a great idea and you are amongst so many others who are looking to work from home. The key is finding the best internet home business for you and they are not at all created equally. So what shoud you look for?
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October 28th, 2008
Sunburst
mirrors offer you an ideal way to add color and vibrancy to your walls. This
brilliant sunburst mirror looks like it fell straight from the sky. This
fantastic mirror is a unique decoration that will add vintage flair to your
decor. The wall mirror is a great look and just the thing to make small rooms
or seating areas appear larger. The Sunburst mirror is a great contemporary
piece.
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October 28th, 2008
Reverse
merger company is trading, the company then has a number of ways to raise
additional funds. In a reverse takeover, shareholders of the private company
purchase control of the public shell company and then merge it with the private
company. The publicly traded corporation is called a "shell" since
all that exists of the original company is its organizational structure. The
private company shareholders receive a substantial majority of the shares of
the public company and control of its board of directors.
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October 27th, 2008
Private lending is the practice of borrowing money by a real estate investor to be used to purchase rental real estate directly from private lenders rather than a bank or other commercial lender. Private lenders are looking for returns in the 9% and 15% range and secured by local rental real estate. The result is a perfect match of private lenders looking for better returns on their money and secured by real estate and real estate investors looking for cash to fund deals and the ability to pay higher returns.
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October 27th, 2008
Provides a list of the potential advantages of buying an existing franchise business versus buying a new franchise.
In today's hyper competitive economy buying an existing franchise business can offer an individual a number of distinct advantages, and often a greater chance of success versus launching a new franchise opportunity. In some cases these advantages could ultimately make the difference between success and failure for the average entrepreneur. Below you will find a list of some of the major and more obvious potential advantages of investing in an established franchise business. This would include a verifiable track record, lower investment, established customers, current income, and generally a lower risk of failure.
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