Guide
A Short Guide to Starting Your Own Business
To start your own business you need to follow some simple tips. Are you dreaming about starting a small business? That's the right step towards gaining financial freedom but you need to be aware that you're taking on a huge risk.
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Unleashing the Power of Your People with Internal Franchise
Management consultant and author Martin O'Neill says, "Turn your company into an Internal Franchise. If you want to maximize your profits, teach each and every employee to act like they own the business."
EzTimeSheet Employee Attendance and Leave Tracking Software Is Customized For Small Business
Good HR management is important for any company. However, employee time tracking can be very time-consuming. But 2012 should be a year to celebrate for those employer and managers who get overwhelmed by employee attendance, sick, PTO, vacation time tracking headaches, thanks to the newly revamped ezTimeSheet employee time tracking software from halfpricesoft.com
Starting a Business: Business Plan Overview
A business plan precisely defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. A business plan helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of a...
Factors to Consider: Lease or Purchase of a Facility
Factors to Consider: Lease or Purchase of a Facility FACTORS FAVORING LEASING * Cash flow. A business can conserve its cash flow by leasing. Under a lease, the initial cash expense for the facility will be a month's rent and a security deposit.
Sources of Small Business Financing
Small businesses can get money through "equity financing" or "debt financing." Equity financing means that you sell stock in your company to a buyer, who then has an ownership interest in your company. Debt financing means a loan -- you owe the person who holds the debt (usually a promissory note) the amount borrowed. Here are the most common sources of equity and debt financing for small businesses.
Do's and Don'ts: Starting a Business
So, you are ready to start your business venture. Great! Get off on the right track by following a few simple "DO's and DON'Ts."
Lawmakers, in rare show of unity, pass small business bill
In a rare display of election-year bipartisanship, the House of Representatives voted overwhelmingly on Thursday to make it easier for small businesses, the engine of the economy, to raise capital and eventually hire workers.
Franchising Regulation Overview
There is no doubt about it. Putting your money in a franchise is an active investment as contrasted with a securities investment which is passive. Franchisees often place their life savings, time, and energy into the franchise and, as a result, the loss of a franchise investment may be even more catastrophic than the loss of a securities investment.
Gaining finance for a franchise
For any new business there are several options for acquiring finance, however, the preferred option for larger levels of finance tends to be bank loans - this is no different for franchising. Before thinking about approaching a bank, you need to build a comprehensive business plan to allow the bank to judge the viability of the business.
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