Business Talk
Conversion Rate in Business
Conversion rate is a term many hear in the blogging world, but it also has an important role in business. Conversion rate is simply the idea of making more money from a business venture then you are putting in to it.
It works like this:
Gross income from business - cost = profit or loss
If it is [...]
Bootstrapping - Making You Think in Business
One statement I hear a lot from people is, “I wish I had the money to start a business’.
In most cases it does take some money to start a business. Most people seem to think you need thousands or hundreds of thousands of dollars to create a business, but that is a very false idea. [...]
Bootstrapping - Starting Below the Bottom In Business
What is bootstrapping? It is starting a business on less than a shoestring. It is starting a business with nothing; no capital, no loan, no grant, and no borrowing money from daddy.
I started my first business over 20 years ago on less than $100.00. It failed. I learned a lot, had a lot of fun, [...]
Franchises - Top 10 Warning Signs
Are there bad franchises? YES!!!!!! Just because a company is offering a franchise does not mean anything. While there are very good companies to invest in if you are thinking about a franchise, any company can offer a franchise. To help you out listed below are some of the warning signs you should be looking [...]
Franchises - Understanding the UFOC
What is the UFOC?
Uniform Franchise Offering Circular (UFOC) is the detailed and extensive information bible to the franshise. It will contain detailed financial statements, sample contracts, and the franshise system it offers. Also called the “Franchise Disclosure Document” or “Offering Propectus”, the format and presentation is prescribed by federal and state laws.
A typical UFOC can [...]
Franchise Hell
Franchises like all things have pros and cons. If you do find yourself being the right type of person to own a franchise, you still have a lot of work and research to do before you start spending money.
Things you should ask yourself.
What kind of business do I want to own? There are literally thousands [...]
Franchises - Should I Buy a Franchise?
A friend of mine called me today with a good question I want to share. She is interested in starting her own business and was wondering if buying into a franchise was a good way to get started.
There are many pros and cons to franchise ownership. If you are considering starting a business and wondering [...]
Tax Rebate Checks - A Great Time to Start a Corporation!
Tax Rebate checks started going out today for those people who had direct deposit on their tax returns. How do you plan to spend yours? This extra money is a good time to start a business, file corporation paperwork, buy inventory, start a blog, buy a domain name, or to invest (I hear futures like [...]
Multiple Streams of Income
You hear about it on late night info programs, read it in books, and see people preach about it, but no one really explains it much. How do you create and have multiple streams on income without working five jobs a week? A lot of people think a stream of income is that weekly paycheck [...]
Credit Cards = Bad Debt
I just got another credit card in the mail today. It started me thinking about the massive credit card debt people here in the USA have currently and how many of those people are in default.
Credit cards are a double edge evil which most people can and should live without these days. More and more [...]
