Reselling Your Franchise

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If you are thinking about re-selling your franchise to a new franchisee, for whatever reason, you might be wondering, how is that done? You might be wondering how it differs from selling an independent business, because you don't technically own the franchise, you only own its assets. You are renting everything else, from the brand name to the business model of the franchisor.

When a franchisee wants to re-sell his or her franchise, he or she probably wants to get all of the money they have invested in the business, and more, if possible. You may be wondering what the price is based on. It is a multiple of the cash flow of your existing business. If your franchise is profitable and has a track record, there is a good chance you will be able to make money by selling it, based on the money you have invested in it.

In addition, the fact that you are selling a franchise rather than an independent business makes it more likely that you will make a profit on the sale, because the buyer is getting other benefits besides the profitability of the business itself, including the brand name which draws in customers and the opportunity to use the services of the franchisor, though, of course, they will have to pay royalties for those things just as you did when you owned the franchise. The buyer will be drawn to your franchise because you have done all of the hard work getting it started and they can reap the benefits of working with the franchisor's business model.

If your franchise is not yet profitable, you may have a harder time selling it to a buyer, even if they are drawn to the franchise model. Some buyers may not particularly care that the business you are selling is a franchise, and will just see an unprofitable business and move on. Other buyers may still be interested, but you will probably have to lower your asking price if you are determined to sell your franchise. If you are asking more money than a new franchise costs, the buyer may not be interested in buying your unprofitable franchise. They will have to consider whether or not certain aspects of your franchise are more appealing to them than buying a new franchise. For example, you may be able to sell your franchise at a higher price than a new franchise if your territory is particularly desirable, if you've done a lot of work to get things going and have just not quite broken even yet, or if you've done marketing to help get customers interested in your territory already. These things will add value to your franchise in the mind of the buyer, even if it is not yet profitable, and you may be able to sell it for more than you bought it for. However, if you are very determined to sell your franchise quickly, you will probably need to lower your price even more than the cost of a new franchise.

Blair Cavagrotti is in Marketing at WorldFranchising.com, a website that provides franchise information to potential franchise buyers.

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Surfing your Brain Waves for Great Domain Names

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Picture this.. you are sitting at work, bored out of your tree, when a brilliant idea for a website enters your brain space! You get excited about it, and are about to look up some ideas on the internet, when your boss walks by, and calls you into a meeting.

Later, after you digest the meeting, and have your day mapped out for you, you think you will take a few minutes to check out that fabulous idea you had earlier in the day, when all you can do is draw a blank. You blink at the computer, and realize that, that "brain wave" you had, just left the building.

Here is what you do.. you go to the nearest dollar store after work, and you buy yourself a small notepad. Yes, its that simple, and you carry this notepad everywhere. When you have another attack of the "brain waves" then write it down.

Your brain can only hold so much, and these inspirations will flutter through your brain, and then flutter out the other side. Have you ever tried to remember a dream you had the night before?.. First thing in the morning, you will remember some of it, but as the day wears on, and your brain fills up with daily stuff, your dream will disappear. Some people keep a notepad by their bed, so they can write down these dreams, which could also be great ideas for a domain name, website idea, business idea who knows?

Just write everything down. Now what do you do with all these notes and ideas?. Come up with some great website ideas, and domain names for these potential websites. Sometimes just coming up with the name, will inspire a great idea for a website. But some days, your brain might be going a mile a minute and come up with some really great domain names, but not sure about the website part just yet.

Go to your home computer and register those great domain names. This way you will find out if they are truly original, and then they are yours. Once you have done this, you may end up with a large list of domain names. Now find a way to make some money with these domain names, while you are brain storming a website idea. Research domain name parking. Some registry sites will let you park names in return for advertising income. So, now that you have a system for these great domain names, keep that notepad by you, and write your ideas down, you will thank yourself later.

make money with your domain names this is a great internet marketing business. Why leave your names registered and sitting there, when they can be making money!. Aritcle by Diane Palmer

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Online Shopping Stores Helps Consumers With No Money For Christmas OMENA

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Many online shopping stores are participating in a revolutionary program that gives consumers who are invited a free online savings portal which affords those who say they have no money for Christmas the opportunity to shop, save and get cash back from all of their online shopping.

Consumers who shop at a number of online shopping stores say, "it just makes sense to get an online savings portal if you shop online anyway." For them, having no money for Christmas is becoming a thing of the past. They shop, save and get cash back from their purchases every single month.

OMENA affords its members the opportunity to even make money by simply telling others how to save money with the free online savings portal. Instead of going directly to the merchant, consumers go to the exact same merchant through their free online savings portals to get the same products and services they were already going to buy.

Consumers are rapidly joining OMENA and saving on everyday items. It simply makes sense for online shopping consumers to shop within their very own savings portal to get cash back. Consumers are able to go to the same familiar stores they know and love like Wal-Mart, Home Depot, Travalocity, Old Navy, Gap, Circuit City, Toys "R" Us, Priceline, ebay, Hertz, Hotels.com and many others through their very own online savings portal to shop, save and to get cash back from the purchase they were already going to make.

Having no money for Christmas is becoming a serious American trend that is being addressed by OMENA. Last minute Christmas shopping consumers are joining OMENA by the dozens simply because OMENA takes the Wal-Mart approach to online shopping. Consumers are able get all of the products and services they want and need in one location and they get a check every single month from those purchases with zero investment.

Online shopping consumers are able to even get cash back from grocery stores for their food purchases, the airlines, car rentals, hotel reservations, movie tickets and much more. They are even able to get cash back from their eBay purchase.

OMENA has taken the Wal-Mart approach and developed its own Internet version of its unique style of marketing and positioning. Members are now able to grow multiple streams of income from selected companies from one location. Online shopping consumers can, if they choose, not only get cash back from shopping within the online shopping stores within their online savings portal, they also get cash back every time they use their Visa, Mastercard, American Express or Discover credit cards.

Last minute Christmas shopping consumers find the online savings portals convenient because all of the online shopping stores they usually go to directly are right there within their very own free online savings portals, in one location, which saves them time and affords them the opportunity to get a check every month.

Online shopping store revenue hit $200 Billion in 2007 which was up from $108 billion in 2006. From Thanksgiving to Christmas, online shopping store revenue hit $28 Billion alone in 2007.

Many merchants are creating online shopping stores because they want a piece of that pie and have joined. Therefore, they are joining the free online savings portal to help them accomplish that goal and giving away additional Internet discounts to consumers because they prefer to go from the warehouse to the consumer.

Dornessa Harris is an online mentoring coach; trainer and creator of http://www.omena.ws who has help thousands of individual become financially free. View Previous Article: http://www.buzzle.com/articles/christmas-money-is-easier-to-earn-with-free-online-savings-portal-via-omena.html

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Matching your Franchising Needs with the Company`s

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If you are considering buying a franchise, you have probably done a great deal of research into the companies you might want to sign up with. What you may not have considered is that those companies are going to be evaluating you as closely as you have evaluated them. They are looking for specific qualities that they think will make a successful franchisee. You have to do more than simply expand their business for them; you need to be able to successfully represent and manage their brand, and they will try to evaluate you to figure out if you are capable of that.

What do franchisors look for? First and foremost, you must be able to deal with people. They want you to be comfortable with people because you need to be able to deal with employee problems to ensure good customer service. Chances are, if they think you get along well with people in general, they will think you're able to handle interpersonal management.

They also look for someone who is both an excellent leader and follower. This may seem a contradiction, but in franchising the nuance is very important. Of course, you must be able to manage and lead since you will be running your own business. But of equal importance, you must be able to follow the company's guidelines and rules. Franchises are so successful because of their consistency of products and service. If you seem like you will not be able to follow the company's rules consistently, the franchisor may think you will deviate from their consistent product.

As you may have read in your research about franchises, buying a franchise can be considerably less risky than starting an independent business for a variety of reasons. However, franchises can still fail or have tough times. A franchisor is looking for someone who can take on that risk and who will keep working hard even when things aren't going well. This will improve the franchise's chance of success.

Most importantly, the franchisor will be looking for someone who can finance the franchise. You absolutely must have enough capital and/or liquidity to support the franchise in its beginning stages; otherwise the franchisor will not give you a second look. The last thing a successful franchisor wants is a bankrupt franchise – this does not look good for the company.

Finally, you must be able to demonstrate to the franchisor that you have what it takes to be a successful franchise owner based on your past experiences and successes – your résumé is important to the company to know whether or not you will be able to successfully manage a franchise.

Blair Cavagrotti is in Marketing at WorldFranchising.com, a website that provides franchise information to potential franchise buyers.

Published By: Indocquent.com- An online resource where you can promote your business, products and services around the world.

Do You Have What it Takes to Succeed With Network Marketing?

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Network Marketing is a proven business model that can lead to a fulfilling career and retirement style income. Before jumping aboard, one must consider the following:

1) Your Own Mindset:

A positive, determine, and focused mindset is a must. This not only applies to network marketing, but anything worth achieving in life. Not everyone is willing to go the extra mile. Having passion and taking focused action will keep your eye on the mark.

2) Have an Attitude:

A good mindset and a positive attitude go hand in hand. We must learn from the results of our experiences and not blame others for what we cannot control. It is up to us to chart our own course and control our own destiny. Our mindset, attitude, and actions are ours to decide.

3) The Opportunity:

Search for a strong team and sponsor focused on the business arena you are interested in, before joining the team. A strong sponsor will teach you all the right skills necessary to be successful and achieve your goals. The business model should be built on the principle of duplication. However, keep in mind that many people join these companies, but not everyone ultimately follows the system.

4) Ease of Duplicating the System:

A Traditional Network Marketing System –
Traditional MLM systems involve the following components:
-Make a friends and people you know list and contact them.
-Share DVDs, CDs, and brochures with anyone nearby.
-Buy Leads and cold call routinely.
-Attend regular seminars and invite prospects to be sold on the Network Marketing business model.
- Host home meetings.
-Train yourself to be numb to rejection.

You may ask, do people really make BIG money following these MLM practices? The answer is yes. But there are also many who don`t and struggle with the requirements of talking to prospects, bring family and friends to seminars and functions, and cold calling.

Internet Network Marketing –
- Has become a growing alternative to the traditional network marketing business model.
- Doesn't require contacting lists of family and friends.
- No routine meetings to attend.
-No cold calling.
-It does require marketing and channeling leads on auto pilot, as well as guiding these prospects into duplicating the same success on the Internet.


Whether you decide to become a part of a traditional or internet network marketing opportunity, make sure it`s a good fit for you and that you have the right mindset and attitude!

To discover an online opportunity easy enough a 5th grader could duplicate, visit http://www.XtremeResultsNow.com.

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5 Startup Business Myths in Small and Home Based Businesses

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To give you an example and discuss a few of the myths that cloud the concept of starting a small business. Let us go over the most common myths that typically surround the small business owner and discuss their merits and the facts in each instance. In short many of the things you will hear and run into are not facts - they are urban legends, misconceptions about starting a business that have been repeated so often now that many people believe them to be true even when they ought to know better. In many cases as with the -SBA has money to loan- myth there is a kernel of truth once you get past the misconceptions

* There is free money available to help you start your business

If something sounds too good to be true it not only probably is I can guarantee you it is! Our government only gives away money to foreign interests with whom they feel they can buy loyalty or concessions - not to their citizens. While it may be true that some state governments have policies in place to help people such as veterans, minorities or people with disabilities those special programs have very specific requirements that you have to meet before you are eligible. If someone claims otherwise, especially if they want to charge you a fee for a `list of lenders and free grant providers` run do not walk away from them!

The Small Business Administration has millions of dollars of money available to loan directly to small business

The SBA is an independent agency of the executive branch of the federal government, and the government is not in the habit of giving anything away. That includes loans, believe it or not! The SBA is a great resource for small businesses, and does act as a guarantor for one of three different loan programs that can be of use to the small business owner, but they themselves do not provide or arrange for the loans.

The three loans they act as guarantors for include the Seven-A (7a), the Five-O-Four (504) and the Seven-M (7m) or micro-loan as it is known. Details about these different loans which the SBA will guarantee and oversee compliance with for small businesses are not in the scope of this article.

What the SBA does in these types on situations is to help arrange financing through various lending partners including local banks and nonprofit corporations and to oversee compliance on the part of the small business with the loan terms, thus assuring to the lenders that the loan will be repaid.

* People are lining up to loan money to startup companies

Venture capitalists DO exist, and while in some cases they have been known to finance startup companies that is not what they principally do, nor would it be wise to do so. Since a venture capitalist entire purpose of investing into a company is to make money and more then half of the startup companies created every year go belly-up just leaving that money in the bank earning 5 related to your business endeavors even if they are used in relation to the business as well as your personal life. The best rule of thumb is to ask yourself whether or not you would still have this expense (say your car for instance) if you were not running the small business, and if so in any form or fashion then it is not a legitimate write-off.

Some common write-offs which are normally allowable include any computer and business software, rent, salaries and monies paid to independent contractors, advertising costs and even a percentage of vehicle costs if its use can be tied to the business in question. In some cases strict rules apply, such as whether you use the computer for personal use as well as business etc. so checking the law first is a good idea!

* The right business sells itself and doesn`t need a marketing or business plan to succeed

This is very common now in the post `dot-com` era, but remember folks there is a reason it`s the "post" dot-com era and not the dot-com boom. There is simply no substitute for a valid business plan and understanding what is necessary to sell your product or service to the public. Anyone trying to tell you something otherwise is likely selling something he wants you to buy from him right now before you go broke and give up the idea of starting your own business! A related myth is that if you aren`t getting a loan or looking for investors you don`t really need a business plan. While business plans are necessary to get investors the purpose is not that but to ensure you understand what it will take to be successful, and that you have a linear outline for how to achieve those goals.

Summary

So now hopefully you see the type of information and assistance considered in business startups - a little hope in the midst of all the hype out there. Remember as mentioned earlier, in many cases as with the -SBA has money to loan- myth there is a kernel of truth once you get past the misconceptions, but as is always true anytime money is involved you should always be certain of the facts before investing any of your money on the word of anyone, whether a trusted friend and advisor or a stranger. After all it IS your money you stand to lose not theirs!

Get detailed information free online from the author, Leon Edward, on government funding, finding start up grants, how to fill out applications, grant management step by step tips, at his website http://www.business-idea-grants.com/

Published By: Indocquent.com- An online resource where you can promote your business, products and services around the world.

Comparing Large Inexpensive Vinyl Banners To Other Advertising

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Have you ever imagined that banners can bring multitudes of benefits for your business? Well, if you have not yet considered the benefits that are associated with banners, then you must spend some time in reading about them. People can always get attracted to your business after having a look at the banners. Banners do nothing but to make you feel more important in the eyes of other people. Also, no business person will deny the fact that businesses are all about getting noticed and that's what a banner can do for you.

In the world of banners, you will be able to find a range of different banners with different money value. Generally, the banner which will be greater in size will ask for more money. However, you must understand that a bigger banner means more publicity as it will grip the attention of more people. It implies that you must go with bigger banners for greater publicities.

However, there are some people who always look for cost effective options as large banners can be expensive. Luckily, it is possible now as there are lots of sites available over internet that can offer you large inexpensive vinyl banners. Large inexpensive vinyl banners are really suitable for those people who want bigger banners at lower rates. Large inexpensive vinyl banners can be found at different sites at different prices as well. However, you must make a rational decision whilst purchasing large inexpensive vinyl banners as there may be only a slight price difference among the banners of different sizes.

So, the best thing will be to go with the banner that may be of bigger size. Also, if you can get a bigger banner by paying a little more money, then you must not give it a second thought. Hope you have understood the point as what should be done while purchasing large inexpensive vinyl banners. Don't forget that making a right decision is the key to make banners look more inexpensive.

My Cheap Banners offers Wholesale Banners direct to the public. MyCheapBanners.com designs, builds, prints and installs almost any type of graphics. For all your Trade Show Displays, Wide Format, Full Color Digital Printing, Signs, Vehicle Wraps, Vehicle Graphics, Posters, Stickers, Vinyl Banners, Outdoor Signs and Printing needs, please visit http://www.mycheapbanners.com

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Government Grants to Start a Business

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Government grants to start a business are a great way to get started in the right direction for whatever your business needs. However, it is not going to be a completely easy process for getting business grants. There is a great amount of effort that goes into getting business grants and it can take time to do it. In fact, there are also requirements that you will need to follow in order to get the grants you need.

Getting business grants requires that your business be a non-profit one. Expansion of some new kind of technology can be used as a reason for getting business grants if your business is not a non-profit business. Your business must be either one of these types if you are going to be getting business grants.

Technologies that qualify you for getting business grants include technologies that are used for economic advancement. All of the prerequisites must be met so that you can get the money that you are asking for. If you do not meet the deadline that you are looking for then your request will not be approved for a business grant.

You should have a business plan if you are considering getting business grants too. Your plan will need to be described when you are applying for a business grant. You should be able to illustrate your plan and explain how it will be used to help the entire economy of the country. Most of the time businesses that apply for business grants fail to explain their plans to the government, but if you do this it will be easier for you to get the money that you are looking for. Besides, you won`t be getting business grants if you are asking for them simply because you want to increase your finances.

There are a few things that you can do in order to get the business grants that you are looking for. First, you should keep your explanation for why you are looking into getting business grants short and simple. You should explain only the most important facts in your proposal.

Also, for getting business grants you should have proof that explains your need for getting business grants. Documentation and other forms of citations for your financial data should be featured so that the government knows that you are not embellishing any details. Graphical data would be especially useful for your argument.

You should also keep your proposal complete and not have anything missing from it. Your contact information and all other important details in your proposal should be included. After all, a poorly organized report can make your business look as though it is not very well prepared.

The last thing to do when applying for government grants to start a business is to simply keep everything real. You should not try to falsify anything, but if you work on making your information consistent with actual facts then you will be more likely to get the business grants that you are looking for.

To read more about government grants to start a business and related information visit us at www.guidetogovgrants.com

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How Mike Hobbs Believes You Can Manage Your Time

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As an entrepreneur, you are bound to face a number of obstacles. It is far different to go from a 9 to 5 job to a work at home position. However, Mike Hobbs believes one of the most difficult things to do is manage your time.

When you work for yourself, there is a tremendous amount of freedom given to you. You have the ability to work whenever you want, do whatever you want, and go in whichever direction you choose. While this is an amazing benefit, it can also be a downfall if you are not careful.

The problem many entrepreneurs have is time management and getting the work done that is needed. There are several distractions at the home including the television, the kitchen, and potentially the kids. But in order to succeed on the internet, you must be able to properly sort out your time.

Mike Hobbs knows of several things you can do to make the most of your time. First off, set goals for you to strive for. You want to set goals that are attainable and challenging at the same time. By setting goals, you will have something to work toward and strive for. It can be difficult to maintain the right motivation with a home business, but having goals can help you with this.

The next thing you should do is set a schedule to work off of. You still have the freedom of choosing what hours you work and what days you have off. But if you wake up each day and work different hours, it is difficult to get in a pattern. Working the same hours almost every day makes it easier to get in a groove and avoid the numerous distractions.

Lastly, Mike Hobbs believes having an office at home to work out of will make it far easier to manage your time. Having an office of your own will eliminate many of the distractions that normally would be in your face. Working from the couch in the living room puts the television right in your face. The kitchen table puts food in your site. But having an office puts nothing but your work in front of you.

It can be extremely difficult to manage your time with a home business. There are several distractions and far too much freedom at times to control. But if you want to succeed with a business at home, it is essential you apply the time management tips in this article into your work life.

Mike Hobbs Is An Expert Internet Marketer Who Shows Struggling Business Owners How To Use Cutting Edge Technology To Profit To No End In Their Businesses At: http://www.MCHGlobalSecrets.com/article

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