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Other Added - Franchising Offers NO Guarantees --
It is well known that inadequate hand washing can lead to the spread of germs. However, as cleaning professionals it is sometimes overlooked how important this is in our industry. Even if your cleaning staff is wearing gloves, it is still important that they spend the extra time necessary to make sure chemicals and germs are thoroughly washed off their hands.Wash hands thoroughly after using chemicals, cleaning up spills, or emptying trash -- even if gloves were worn. At least 20 seconds are needed for the washing to be effective. Follow these steps to get hands thoroughly clean:1. Wet hands with warm running water prior to reaching for soap, either in bar or liquid form.2. Add soap and rub hands together to make a lather. This should be done away from running water, so the lather is not washed away.3.
Important questions need answers covering your physical, emotional and financial status. All part of being the successful business owner.
Are you aware and understand the “picture” of:
12 to 18 hour work days six days, seven days a week Saturday and Sunday schedules Physical stamina required Family strains and commitment Reduced income possibilities Risk of loss, your family savings Risk of failure and starting over
Answering “yes” to all of the above mean
Q. I’m looking for a new job and plan to work with a career consultant next month. Meanwhile, I’m working on the garden and some friends are coming to stay for a week.A. When you’re in serious transition, a week can be a long time. Time sneaks away and you need to see where it’s going. And you need to keep moving to maintain momentum and stay motivated.1. Create a priority list.Starting a business? Your number one priority involves responding to paying customers. Second priority: Market for new business.Searching for a job? Your number one priority will be meeting with people who have the power to hire you. Your second priority: networking to meet more people with hiring power.And if you don’t know what to do, your absolute top priority is finding answers from a consultant, co
There are NO guarantees. You invest your money and take your chances. My own experiences include franchises for personnel agencies, temporary help services, diet centers, restaurants and PC training schools.
Some of these franchises proved very important in our business plan and growth into a multi-million dollar enterprise. However, there were some expensive lessons that we learned through the process.
As with any business, you must determine whether or not to enter a particular venture. First, assess YOUR reasons for going into ANY business, not just a franchise opportunity. Your best decision may be to buy a franchise. On the other hand, you may not be ready for any business venture.
YOUR DECISION
YOU must become a SUPER “snoop” or investigator. Ask the tough questions. You cannot expect exactly the same results as another owner of a franchise. If you are buying “brick and mortar” then it’s location, location, and location.
Also, it’s not only the location. Employees can make or break a company. Your investment in the company or your ability to fund the enterprise are factors. Your own leadership ability is a key element. “Links” are important, too.
It is imperative that you ask a lot of “what if” questions. What if… I stay with my present employer? What if… I go broke? What if… I don’t LIKE the business? What if… my spouse does not like my “new” hours of work? What if… I don’t like selling?
Why do YOU want your own business? Is it just a dream? Were your parents owners of their own enterprise? Franchise? Joint ownership, partnership? Again, YOU are your own person and must make your own decision. Family history of owning a business is NOT necessarily a guarantee of your success.
TIRED OF THE BOSS
Are you tired of your Supervisor or the Boss telling you what to do? Yes? That's not a good reason to “jump” ship. Operating a business requires more than a need for change or the desire to do as you please.
Business owners DO NOT get to do as they please UNLESS they “please” to spend most of their time worrying” or thinking about their business. Dealing with employees, payroll, benefits, vacations, sickness, children, spouses, vendors, customers, inventory, taxes, lawyers, accountants, auditors, IRS, EEOC, insurance, and more.
TOTAL COMMITMENT
Purchasing a franchise requires TOTAL commitment. Your energy, your money as well as other assets (collateral) are required to back up your new venture. IF you are NOT prepared to invest these qualities and resources into your franchise, then STOP here.
EVALUATING YOUR SKILLS Your experiences and potential success
As a first and often overlooked step, ask yourself why you want to purchase a franchise. This question, although basic, is an excellent way of evaluating your reasons for going into business. List every reason you identify, no matter how far-fetched it may seem.
Divide your list into two separate components. Separate the viable reasons from the trivial ones and categorize them accordingly. It isn't unusual for reasons to range from the desire to be your own boss to the desire to be a billionaire.
Consider the following questions:
Are you a leader? Do you like to make your own decisions? Do others turn to you for help in making decisions? Are you willing to accept managerial assistance from the franchisor? Are you willing to comply with the provisions outlined in the franchise contract? Do you enjoy competition? Do you have will-power and self-discipline? Do you plan ahead? Do you like people? Do you get along well with others?
Important questions need answers covering your physical, emotional and financial status. All part of being the successful business owner.
Are you aware and understand the “picture” of:
12 to 18 hour work days six days, seven days a week Saturday and Sunday schedules Physical stamina required Family strains and commitment Reduced income possibilities Risk of loss, your family savings Risk of failure and starting over
Answering “yes” to all of the above means
Even if you have never left the town you were born in, you could still likely be successful with a home based travel reservation business. It can take a little time and hard work to start, but if you get some help from reliable sources, so that you do it right the first time, you can easily gain a profit rather quickly.The travel industry seems to be growing by leaps and bounds, and the more it grows the more financial success you can expect for your business. Just for the United States, travel plays a huge part in the economy. People spend over four million dollars a year on travel and related travel expenses; wouldn’t you love to get just a small chunk of that?If all of this sounds good to you, and you are serious in your desire to start a home based travel reservation business, then there a few things you should
Also, it’s not only the location. Employees can make or break a company. Your investment in the company or your ability to fund the enterprise are factors. Your own leadership ability is a key element. “Links” are important, too.
It is imperative that you ask a lot of “what if” questions. What if… I stay with my present employer? What if… I go broke? What if… I don’t LIKE the business? What if… my spouse does not like my “new” hours of work? What if… I don’t like selling?
Why do YOU want your own business? Is it just a dream? Were your parents owners of their own enterprise? Franchise? Joint ownership, partnership? Again, YOU are your own person and must make your own decision. Family history of owning a business is NOT necessarily a guarantee of your success.
TIRED OF THE BOSS
Are you tired of your Supervisor or the Boss telling you what to do? Yes? That's not a good reason to “jump” ship. Operating a business requires more than a need for change or the desire to do as you please.
Business owners DO NOT get to do as they please UNLESS they “please” to spend most of their time worrying” or thinking about their business. Dealing with employees, payroll, benefits, vacations, sickness, children, spouses, vendors, customers, inventory, taxes, lawyers, accountants, auditors, IRS, EEOC, insurance, and more.
TOTAL COMMITMENT
Purchasing a franchise requires TOTAL commitment. Your energy, your money as well as other assets (collateral) are required to back up your new venture. IF you are NOT prepared to invest these qualities and resources into your franchise, then STOP here.
EVALUATING YOUR SKILLS Your experiences and potential success
As a first and often overlooked step, ask yourself why you want to purchase a franchise. This question, although basic, is an excellent way of evaluating your reasons for going into business. List every reason you identify, no matter how far-fetched it may seem.
Divide your list into two separate components. Separate the viable reasons from the trivial ones and categorize them accordingly. It isn't unusual for reasons to range from the desire to be your own boss to the desire to be a billionaire.
Consider the following questions:
Are you a leader? Do you like to make your own decisions? Do others turn to you for help in making decisions? Are you willing to accept managerial assistance from the franchisor? Are you willing to comply with the provisions outlined in the franchise contract? Do you enjoy competition? Do you have will-power and self-discipline? Do you plan ahead? Do you like people? Do you get along well with others?
Important questions need answers covering your physical, emotional and financial status. All part of being the successful business owner.
Are you aware and understand the “picture” of:
12 to 18 hour work days six days, seven days a week Saturday and Sunday schedules Physical stamina required Family strains and commitment Reduced income possibilities Risk of loss, your family savings Risk of failure and starting over
Answering “yes” to all of the above mean
David Thorp, Head of Insights at the Chartered Institute of Marketing (CIM) noted,"Marketers should be at the forefront of this change as the key communicators of the brand and organisational values. In the future, marketing will be as much about changing attitudes and behaviours as it is about increasing market share".And, of course, there is a conflict in sustainability, which I’ll talk about in a minute. First let’s look at how sustainability is being pushed by our industry.The GreenAwardsThe 2006 GreenAwards celebrated and rewarded marketing that communicates sustainability through one of these categories: Press advertisement TV advertisement Radio advertisement Outdoor advertisement Online advertisement Direct mail B
TIRED OF THE BOSS
Are you tired of your Supervisor or the Boss telling you what to do? Yes? That's not a good reason to “jump” ship. Operating a business requires more than a need for change or the desire to do as you please.
Business owners DO NOT get to do as they please UNLESS they “please” to spend most of their time worrying” or thinking about their business. Dealing with employees, payroll, benefits, vacations, sickness, children, spouses, vendors, customers, inventory, taxes, lawyers, accountants, auditors, IRS, EEOC, insurance, and more.
TOTAL COMMITMENT
Purchasing a franchise requires TOTAL commitment. Your energy, your money as well as other assets (collateral) are required to back up your new venture. IF you are NOT prepared to invest these qualities and resources into your franchise, then STOP here.
EVALUATING YOUR SKILLS Your experiences and potential success
As a first and often overlooked step, ask yourself why you want to purchase a franchise. This question, although basic, is an excellent way of evaluating your reasons for going into business. List every reason you identify, no matter how far-fetched it may seem.
Divide your list into two separate components. Separate the viable reasons from the trivial ones and categorize them accordingly. It isn't unusual for reasons to range from the desire to be your own boss to the desire to be a billionaire.
Consider the following questions:
Are you a leader? Do you like to make your own decisions? Do others turn to you for help in making decisions? Are you willing to accept managerial assistance from the franchisor? Are you willing to comply with the provisions outlined in the franchise contract? Do you enjoy competition? Do you have will-power and self-discipline? Do you plan ahead? Do you like people? Do you get along well with others?
Important questions need answers covering your physical, emotional and financial status. All part of being the successful business owner.
Are you aware and understand the “picture” of:
12 to 18 hour work days six days, seven days a week Saturday and Sunday schedules Physical stamina required Family strains and commitment Reduced income possibilities Risk of loss, your family savings Risk of failure and starting over
Answering “yes” to all of the above mean
You want to meet the Rich Jerk!Ha – don’t make me laugh. What do you think the chances are of ever getting to meet this 26-year old brat who has more money than you’ve had hot dinners?Oh, you want to BE a Rich Jerk?Well, that’s a completely different story! I’m going to tell you why.A few days ago, I heard about this fellow who had sold a web site and business on eBay for a fabulous sum of money. More than that, he is still running extremely successful online businesses, which are adding to his considerable wealth, every minute of the day. Now, if like me, you’ve built the web sites, made sure that the search engines find them – and then still only make a modest living online, there’s surely something to learn from this guy’s approach. So, I bought the eBook that he wrote and, althou
EVALUATING YOUR SKILLS Your experiences and potential success
As a first and often overlooked step, ask yourself why you want to purchase a franchise. This question, although basic, is an excellent way of evaluating your reasons for going into business. List every reason you identify, no matter how far-fetched it may seem.
Divide your list into two separate components. Separate the viable reasons from the trivial ones and categorize them accordingly. It isn't unusual for reasons to range from the desire to be your own boss to the desire to be a billionaire.
Consider the following questions:
Are you a leader? Do you like to make your own decisions? Do others turn to you for help in making decisions? Are you willing to accept managerial assistance from the franchisor? Are you willing to comply with the provisions outlined in the franchise contract? Do you enjoy competition? Do you have will-power and self-discipline? Do you plan ahead? Do you like people? Do you get along well with others?
Important questions need answers covering your physical, emotional and financial status. All part of being the successful business owner.
Are you aware and understand the “picture” of:
12 to 18 hour work days six days, seven days a week Saturday and Sunday schedules Physical stamina required Family strains and commitment Reduced income possibilities Risk of loss, your family savings Risk of failure and starting over
Answering “yes” to all of the above mean
Administrative Professionals Day is just around the corner, always the same, last week of April. But for some reason we all tend to forget. Bosses and managers rushing around at the last minute searching for the perfect gift for that irreplaceable assistant, secretary or paralegal is a common sight. But why not make it easy. A bouquet of flowers can be just the right gift to say exactly what you want, if you know where to look. The ancient Greek and Egyptians had it right and even our forebears, the Victorians knew the power of flowers to get your message across without all the hassle and fuss of gifts that your trusty helpers may not like. Everyone loves flowers! Looking for the right flower to give an administrative professional? These floral beauties hold just the right message:White Chrysanthemum - symbolizes t
Important questions need answers covering your physical, emotional and financial status. All part of being the successful business owner.
Are you aware and understand the “picture” of:
12 to 18 hour work days six days, seven days a week Saturday and Sunday schedules Physical stamina required Family strains and commitment Reduced income possibilities Risk of loss, your family savings Risk of failure and starting over
Answering “yes” to all of the above means that you have some of the skills needed to operate a successful franchise and/or private business. A “no” answer means that you may have to acquire additional skills and/or talent through others or training.
Have you had any business training in school? Are you willing to delay your plans UNTIL you acquire the skills?
FAMILY INVOLVEMENT
When you complete your self-analysis, discuss your results with your family and your financial advisor. Their feedback can help you make the right decision. If you all agree that you have most of the skills needed to operate a successful franchise, then you should feel comfortable proceeding with your plans.
If, however, they feel you lack most of these skills, then you may need to consider delaying your plans until you are better prepared. Above all, be honest and objective with yourself. It is YOUR future that we are dealing with in this analysis.
MY FIRST FRANCHISE
At the time, I was 30 years old and had already co-owned two businesses in my early years before 25 and had spent the last 4-1/2 years with an envelope manufacturer as an executive on the management team.
To make a long story short, I spent almost 2 years in this franchise before realizing we had too many chiefs (investors) and few indians (workers).
Very quickly, here’s the point. The headquarters (franchisor) had a great track record in the “home” city and was making a lot of money. This is important. Why? Was there a “link” to the source of business? YES!
Our problem? We did not own or have the “link” that would turn the business into the same success story as the home office, the franchisor.
You have to look deep to find the details. A number of factors can be the “link” which makes your business successful. Let’s name a few… it could be YOU, or a member of your staff, the location, unlimited financing, a large investor, new equipment and many more possibilities.
Be sure you KNOW the success “links”. Sometimes they are hard to find but it is essential that you “discover” them BEFORE investing your money.
Action Tip: A franchised business has NO guarantee. You need a valid reason to begin a new business. Know that it takes full-time commitment from you and your family. You should know 'thy-self'. Leadership skills are required. Risk of failure is real and increase in skills level is important. Imperative to KNOW the success “link” in the home franchise.
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