There are a lot of sources out there that will tell you how to start a franchise and eventually how to run one. So, how do you start your search? Too much information almost makes decision-making worse. Here we’ve outlined some resources for those looking to open a new franchise. 1. Ask your friends. You’ll be [...]
“The very first company I started failed with a great bang. The second one failed a little bit less, but still failed. The third one, you know, proper failed, but it was kind of okay. I recovered quickly. Number four almost didn’t fail. It still didn’t really feel great, but it did okay. Number five [...]
If you’re in the preliminary stages of developing your product or service, you should already be asking yourself a few basic questions in order to discover your optimal price points. It’s not rocket science but you’ll need to do research to discover the balance between what your customers are willing to pay and what you [...]
…at least not right away. Many aspiring business owners often think of a great idea, then immediately focus all their energy into looking for funding. This is the wrong move. While funding is a CRITICAL step in launching any new business, it’s not the first thing you should consider when you startup. I’m a corporate [...]
Thought that opener might get your attention. What I’m suggesting is that not all business ideas need to be brand spanking new. Clearly innovation and cutting-edge products are a cornerstone of entrepreneurialism and growth at every level of society. We need to continually foster new ideas, but I’m also trying to de-emphasize their importance in [...]