Showing posts with label Business Ideas. Show all posts
Showing posts with label Business Ideas. Show all posts

Refill Franchise Business

Is Refill Franchise a Great Business Opportunity?

If a person would like to get a less stressful business opportunity, business franchise is one of the best options that may come into mind. What removes the stress from the future business owner is that they need not to think about conceptualizing about the business. What they just need to do is to pay the initial payment and the royalties and they will continue be in business. Being free from too much business brainstorming, they can be more focused in the main business management itself.

Refill Cartridge Franchise Business

Refill Cartridge Franchise Business

But with all the business type available for franchise, franchisees may have a lot of problem in thinking whether it is the right industry to enter on or not. One of the franchises a person can enter is the refill franchise business. However, the question still remains to be the same. Is it the best business opportunity for everyone?

First of all, it is important for the business owner to take a look at the nature of the business. Particularly, these refill businesses focus on refilling inks, toners and cartridges for printers. With the avenue of computers and the importance of in-home printing jobs, it seems that this business venture starts to have high demands from the consumers. A lot of people, especially the students and office workers would like to have their documents printed at home or at the office. However, getting original ink cartridges can be costly depending on the type of printer. This is where ink refills come in.

Ink refills are more than 50 percent cheaper than getting the original cartridge. This is the reason why a lot of people would opt to get refills than buy the original ones. But even with its high demands, you can see in the market that this is the least chosen franchise all over the world. For the year 2010, there is only one ink refill franchise that has been in the market and has a lower rank than the others business franchises.

The possible reasons for this is that even if there is a high demand on ink refills, there are still a lot of consumers who have some problems with refills like blotting and smears. The reason for this is that the cartridge is unbalanced refilled with ink. Aside from this, there can be some cartridges that is not easy to refill compared to other types. These could be the possible scenario why people are having second thoughts in getting this type of business venture.

So the answer to the question is that refill franchise may not be the best business franchise venture compared to others. However, a business owner can still make a difference by properly practicing the techniques involved on this business venture. Once a lot of people may experience less blotting or smear, they may be recommended to other clients and be more competitive in the business world. Basically, it is the combination of right strategy and skills, which is very important in whatever business venture a person would like to try.


Food Franchise Business

Is Food Franchise a Great Business Opportunity?

Franchising is perhaps the most chosen business opportunity for people these days. On this type of business, a lot of people would feel that every card needed for the business has already been laid down. All the franchisee should do is just to start the business and start to earn profit from it. However, franchising would also require the franchisees to find the right business industry to be their niche. Among these niches is the food industry.

Food Franchise BusinessSo is the food industry a good industry to explore on in terms of business. Looking at the nature of the business, food is considered to have the highest demands in the world. It is true that food is one of the primary needs of every individual. Of course, food is needed by humans to live. With this, you can expect high demands on it. Notice this, once a person gets hungry, they would immediately look for fast food chains, convenience stores, and restaurants where they can buy food. Whether they would dine or just eat it along the way, they should be able to find food to eat.

From this point, the answer whether this industry is the best franchise opportunity or not is yes. Aside from taking human nature into consideration, you can see from the statistics that a lot of businesses have taken advantage of the food demand worldwide. This is the reason why you will see that majority of the business franchises these days focus on food.

Although getting in the food business is already beneficial, it is still important for you to research for the right companies or types of food businesses for your business venture. For example, take a look if the company is very popular in the market. In this way, you can say that all your royalties are worth investing on that business brand.

Another thing to consider is the location where you will be allowed to establish the franchise. Do you think that the location is good for the business? Or would other types of business would be better. Would you think a restaurant would be better on the venue or will you benefit more if you will be allowed to establish a fast food instead? Is the location a bit far from grocery stores so can a convenience store will match the location better. With this, it is essential for you to compare these businesses and research on the ones that will match the location type. Check on all potential food business franchise opportunities possible as you may miss out on the best companies.

Remember that there are a lot of food companies offering their franchises for consumers so there are a lot of options to choose from. Remember that this is among the best business franchise opportunities so better prepare your strategies and studies in order to make it work positively for you. This industry will definitely help an individual start earning the best profit that will help them in times of their finances.

Travel Agency Business

Is Travel Franchise a Great Business Opportunity?

Starting the business in an easier way is the reason why most business explorers would choose to get a career in franchising. Just imagine being able to start the business with the maximum help from the parent company. This will help a business owner to be more confident in managing the business since they have help from the main companies. No matter if franchising would require people to pay some upfront payments as well as payment for the business brand name, this is still the best choice for people who want to start their business.

Travel Franchise Business

Travel Franchise Business

These days, a lot of businesses extend their franchise for people and among these are the ones that center their services in traveling. However, many people may have second thoughts about getting this business venture with question with its profitability.

So is this a great business opportunity? If you plan to take this franchise and would like to enter this business niche, it is very important for you to look first at the factors that may affect the traveling. It is true that some people are really into traveling. However, the importance of traveling has never been emphasized these days. In the past, traveling may only be considered as a status symbol since only the people who can afford to travel can go on trips. These days however, people have been very fatigued because of daily stressors. Traveling is now an avenue where they can relax from all these stress.

Because of the increasing demands in traveling, there is also an increasing demand in traveling agencies. These agencies are the ones responsible in arranging travel package for family or couple trips. Basically, they take care of the stressful bookings for people who plan of traveling to any particular destinations.

Apart from just the stress factors, you will notice in statistics that the business franchises focused on traveling have been very competitive in the market. Majority of these companies have increased their rankings when it comes to the franchises all over the world. Not only that they have increased in profitability but a number of them have also been competitive in terms of prices. This means that some of them have already cheapen out their initial franchise charges so people may start their business on this industry.

Apart from travel agencies, accommodations such as hotels have also been very popular in the franchising world. Since travel is increasing in demand, there is also an increased demand in terms of accommodations. With this, a lot of hotel chains also started to distribute their franchises for people who plan to be on the travel industry.

In conclusion, getting on the travel industry is also a good business opportunity. However, always remember to get the right companies where you can invest your money and start to be successful on it. Search on the internet the best business companies that would be very beneficial for people who are planning to enter to get into the business world in terms of royalties, quality and initial payments.

Service Businesses Franchise

Is Service Businesses Franchise a Great Business Opportunity?

Upon hearing the term business franchise, the first things that may come into mind are only products. These are the items that a person may sell that would offer solutions for consumers’ needs. The products may vary from basically anything and everything that a person may need like food, health products and the likes. However, even services can now be franchised these days.

Service Franchise Business

Service Franchise Business

One of the main questions however is whether this business franchise industry is a great business opportunity. If you will look these days, there are also a lot of people who are in need of services either for work or their homes. Because of this demand you can say that this business is also a good opportunity to consider for people who want to have their businesses.

Just what are the services that are in demand these days among consumers? The top service that should be considered is cleaning services. These days, a lot of people would like to sell their properties so they would like to curb up its looks with the help of cleaning services. They are professional cleaners that will help them improve the look of their properties and increase its value for the sale. Aside from just the cleaning services, there are also some companies that would help them restore the looks of their homes. Getting these services will definitely in improve their properties.

Aside from the just residential cleaning, commercial cleaning is also among the top industry to choose from. This is where the franchise will distribute people to render their janitorial services to companies so their company will be very well maintained since they have personnel that will work for them.

The next type of service business is children services. With all the parents’ busy schedule these days, a lot of them would choose to get these children services like nannies to take care of their kids. This will reduce their worries about leaving the children for work since they have reliable individuals to take care of them. And since they are busy, they may also not have the time to teach their child for their home works or tutor them some advanced subjects. This is where the tutoring services come in.

Finally, there are a lot of people concerned about their pets. Pets can be expensive depending on breeds so a lot of pet owners would get dog grooming services for their beloved canine pets. These would include pet salons that will take care of how their pets will look. Apart from just the looks, dog owners would also like to have disciplined pets so a lot of them get pet training services especially for dogs. With this, they will not have that much problems on stained carpets and chewed couches and slippers.

In conclusion, service businesses can be very profitable for consumers. Just take a look on different types of service businesses offered and think of the target market that you may want to venture on so you can start the best business franchise that would earn you the additional income that you need.

Career Franchise Business

Is Career Franchise a Great Business Opportunity?

People can find many business opportunities these days like franchising. However, many people still think whether career in franchise is one great business opportunity or not. The truth is that franchising has a lot of characteristics that can be very advantageous for every people who will try it like the following.

Career Franchise Business

Career Franchise Business

First of all, the franchisee will be able to establish their business without even spending too much effort or time in brainstorming for the right business to establish as well as the structure. Since it will be a franchise, the company will grant the use of the business brand and products for their franchisee. With this, they will not be stressed of the items that they will sell in the business since the ideas are already provided by the main company.

The next benefit is that the franchisee can experience maximal income from the franchise. Primarily, the company where they will get their business franchise is already a stable company. This will assure them of greater income than to start their own businesses. Starting a business would require some time before the company will be popular in the market so they may not yet gain the best income to make the business profitable.

Third, the franchisee will be able to get around the business easily because of the fact that many of these companies offer training. With this, they will be able to know how the business runs and even be knowledgeable of the appropriate business strategies that they can do to keep the business going smoothly. You may also try to check on companies if they also have personnel training. This is if you will need a number of staff in your business venture.

Fourth, franchise businesses cover a lot of industries. This means that it will be able to supply business for people regardless of the industry that they want to serve. Potential franchisees may choose from the food industry, services, travel and hotel services, and a lot more. Basically, these products are services are in need by consumer so the franchisee can be assured of increased income because of the demands.

So by considering all these advantages, you can say that career in franchising is a great business opportunity for everyone. But of course, getting the franchise is not the first step in working on this industry. The earlier part of looking for the right business would require in-depth research about the companies. Although they are already known to be beneficial for every franchisee, it is still important for them to know the best company to give your the investment to. You have to research on the background of the company and even the number of their current franchises throughout the location that they serve.

Without a doubt, franchise business is a great opportunity in business but it does not mean that you will not really do your own research for it. The franchising companies just made your task easier but you still need to assess every information to get the business suitable for you.

Portrait Photographer

Portrait Photographer Marketing Plan

Ofeeld Photography

Marketing Vision

Ofeeld Photography was created to allow people to receive a one-of-a-kind, natural photo shoot - of people and of pets. Ofeeld Photography would like to be the sole on-location pet photography business in the Ohmtown area, offering a one-of-a-kind experience.

This marketing plan is designed to allow Ofeeld Photography to focus on getting our name and professional services out into the photography world. Ofeeld Photography would like to be known for the custom and professional work that is produced. Because of the unique experience of a natural setting, Ofeeld Photography is truly unique. Understanding the costs related to marketing and focusing on the avenues that produces the most return is vital to the success of Ofeeld Photography. We would also like to focus on a way to monetize prints that have been taken of nature and other subjects during the photographer's "free time."
1.1 Goals

Personal Goals

* Enter photos into photography contests
* Send photos to national magazines
* Enter photos for state fair

Business Goals

* Increase traffic to website by 2% each month
* Establish a customer base for photo shoots

Strategic Goals

* Establish a relationship with at least one pet store
* Establish a relationship with a printing company for calendars

Tactical Goals

* Devote 10 hours each week to "freelance" photography
* Create a new website for information and to serve as a portfolio

1.2 Purpose

Ofeeld Photography exists to be able to give our customers realistic and natural photographs to commemorate a time in their lives.
1.3 Picture

A potential client has already seen the work produced by D'Epth Ofeeld, professional photographer. The customer is exited to see the lasting photos that he can create for her and her family. At every communication, the customer will feel that they are taken care of and listened to in every aspect of the photo shoot. The customer will have a positive interaction with the website and picking and purchasing the photos to buy. The client's experience will be so different from any other picture taking event that she will rave to all of her friends and hand out referral cards - and those friends will use them!
1.4 Gap Dashboard

For strategic purposes, once a relationship with a printing company has been establish, Ofeeld Photography will no longer be actively looking. A long-term relationship with vendors is important, which is why there are no numbers in year 2 or 3 for talking to printing companies - we will have already found a printing company by the end of year 1. This doesn't mean Ofeeld Photography won't keep its "ears open" for potential better printing companies.

The website traffic is earmarked to grow by 2% each month, starting at 0 because there is currently no traffic to the site. We envision this to be a much larger growth, but hope for at least 2%.

By submitting photos to national magazines and entering them in contests, Ofeeld Photography will become recognized and can use that recognition in our marketing material to validate the business and professional quality we aim for with each picture.
Gap Dashboard
Year 1 Year 2 Year 3
Personal Goals
Photo Contest - number entered 2 5 7
Photos to Magazines - number of magazines 4 6 7

Business Goals
Visits to site 122 201 205
Number of photo shoots per month 13 12 14

Tactical Goals
Freelance work - hours per month 480 480 480

Strategic Goals
Number of pet stores contacted 5 2 2
Number of printing companies contacted per month 6 0

Businessman

Businessman


ThesaurusLegend: Synonyms Related Words Antonyms
Noun 1. businessman - a person engaged in commercial or industrial business (especially an owner or executive)
man of affairs
amalgamator - a businessman who arranges an amalgamation of two or more commercial companies
arb, arbitrager, arbitrageur - someone who engages in arbitrage (who purchases securities in one market for immediate resale in another in the hope of profiting from the price differential)
big businessman, business leader, magnate, top executive, tycoon, baron, mogul, king, power - a very wealthy or powerful businessman; "an oil baron"
bourgeois, businessperson - a capitalist who engages in industrial commercial enterprise
industrialist - someone who manages or has significant financial interest in an industrial enterprise
oilman - a person who owns or operates oil wells
operator - someone who owns or operates a business; "who is the operator of this franchise?"
owner, proprietor - (law) someone who owns (is legal possessor of) a business; "he is the owner of a chain of restaurants"
small businessman - a businessman who runs a business employing less than 100 people
suit - (slang) a businessman dressed in a business suit; "all the suits care about is the bottom line"
syndicator - a businessman who forms a syndicate
transactor - someone who conducts or carries on business or negotiations

Business Plan

Business Plan


Business Plan

* What is a Business Plan?
o Why prepare a business plan?
o What to avoid in your business plan

* Business Plan Format
o Vision statement
o The people
o Business profile
o Economic assessment

* Six Steps to a Great Business Plan
o Basic business concept
o Feasibility and specifics
o Focus and refine concept
o Outline the specifics of your business
o Put your plan into a compelling form
o Review sample plans

* Does Your Plan Include the Following Necessary Factors
o A sound business concept
o Understanding your market
o Healthy, growing and stable industry
o Capable management
o Able financial control
o Consistent business focus
o Mindset to anticipate change
o Plans for online business

* Formulate (and Reformulate) Your Business Plan

* Top Ten Do's and Don'ts

* Sound Byte Transcriptions

* Sample Business Plans

* Session 1 and 2 Business Plans

* Session Feedback
What Is A Business Plan?



Read Transcript The primary value of your business plan will be to create a written outline that evaluates all aspects of the economic viability of your business venture including a description and analysis of your business prospects.

Since the My Own Business, Inc. course is broken down into sixteen of the most important topics to consider in starting or operating a business, your business plan can easily be organized into this same format. Included in this session, and in each of the following sessions, there is one-page business plan template, which you can fill in and print. (Session 2 contains templates for both Sessions 1 and 2.) When you put these all together, you will have completed your personalized, overall plan.

We suggest that you fill in each section of the business plan, found at the end of each session, as you proceed through the course.

Each of the sixteen Business Plan Sections can be downloaded from our Web site and provide you with a single, attractively presented document. To begin, let's take a preview look at each of the 16 Business Plan Sections:

Click to view each of the 16 business plan sections

Keep in mind that creating a business plan is an essential step for any prudent entrepreneur to take, regardless of the size of the business. This step is too often skipped, but we have made it easy for you by providing this ready format to build your plan as you progress through this course.

Business plans can vary enormously. Libraries and bookstores have books devoted to business plan formats. This course is a starting point. You can then go on to design one that would be ideal for your particular enterprise.

Be aware now that most start-up entrepreneurs are reluctant to write down their business plan. It is, therefore, strongly recommended that you complete each segment of the plan as you progress through this course. We make it easy for you by providing sample plans for both product and service businesses and also an attractive blank form that you can download onto MS Word and customize yourself.

Your business plan will become your roadmap to chart the course of your business. But at the outset you cannot predict all of changing conditions that will surface. So after you have opened for business, it is important that you periodically review and update you plan.

Make Money in Your Business

Only Followers Make More Money

Leaders are key in business and motivation, but if
you truly want to make money you need to be a
follower. I was thinking of two very special clients
tonight who have experienced some very massive
success in 6 months. When Paige and Brian came to
me they were barely getting by
(and this is NO exaggeration). They needed help in
their business and they needed direction. From our
first session I was pretty tough with them. But, I also
loved them from the first five minutes of our call.
I told them they had to do exactly what I asked them
to. Period. That's how I coach.

* First, they had to come up with the money to coach
with me. I gave them some hard tasks to do that. CHECK

* Second, they had to change their business focus
and niche. CHECK

* Next, they had to leave their house and speak to
strangers if necessary to get clients immediately. CHECK

* They had to have income to fund their business even
if it meant a part time job. CHECK.

* They needed to listen to my marketing ideas and
implement them immediately. CHECK.

* Finally, they had to agree to not always understand
why I told them to do something, but trust me 100%
and do it. CHECK.

I could go on and on, but the point is they did exactly
what I asked them to do every single time I asked them
to do it. They have called me in tears, in cheers, in
confusion, and in clarity, but always with an absolute
trust and a willingness to follow. When I was growing
my business I did the same:

* I found a mentor that was patient, loving, and kind -
she told me what to do... I did it 100% and grew my
business to over six figures.

* Next, I worked with a marketing master and did the
same. Even in fits of frustration I did everything he said
and grew my business to over $300,000.

* Finally, I worked with my current mentor and again,
I humbly agreed to be the best follower to ever be
doing exactly what he suggested and I earned 7
figures in revenue.

What I have learned is most people would rather be
right than rich. They would rather ask questions
than obediently take action. Are you doing all that
is asked of you by your coach and mentor - and
I don't mean most - I mean EVERYTHING? Because
it takes 100% commitment to follow and take action
on exactly what they share has worked for them.
Why would you work with someone and then not take
their advice and direction? What does it say about
you that you invest (or don't invest at all) and then
ignore the information?

Paige and Brain got it and now they have regular 5
figure months. Being a follower pays off and it keeps
paying off. They emailed me to say they want to
renew the current program they are in
(it doesn't even end until July) but they wanted
me to know now.

I responded - you will always have a seat at my table.
No reservations needed.

You see followers want to hang out with other followers
because they know the key to success. Thank you,
Paige and Brian, for reminding me of what works.
To be a leader you must be a great follower.