Blog, Success & Media

How to Develop Business Objectives

Developing appropriate and insightful business objectives may seem like a lot of busy work, but can be critical to your company’s prosperity. Knowing where to begin, and how to go about it is just as important. When you choose the right goals and objectives, you’re helping your new business find its footing and keeping your … Continued

Why You Need a Business Plan

Starting a business involves your mind and all your skills. You have to design the idea before it can be turned into reality. The process of making your dream a reality is never easy. When starting a business, you have to put your thoughts on paper through planning. Planning is an essential element in the … Continued

Different Types of Business Strategies

When it comes to running a small business, either an independent startup or a franchise investment, there are a number of business strategies that can be used to ensure success – and each varies depending on the company-specific situation. For example, newer businesses will face a different set of challenges than a business that has been … Continued

Do You Need a Business Consultant?

Managing your own business is difficult. Whether you’ve invested in a franchise or are pulling together resources for an independent startup, chances are you can’t afford to waste time, supplies, talent, or money. The bottom line is that you need to make sure you are spending your limited resources in the best way possible. A … Continued

Why Make a Competitor Analysis?

  In starting a small business, particularly if you’re investing in a franchise system, it’s important that you know as much as possible about your competitors. According to the Reference for Small Business, a competitive analysis is “the practice of analyzing the competitive environment in which your business operates (or wishes to operate), including strengths and … Continued

The Importance of Market Research

When starting a small business – whether you’re investing in a franchise or looking into an independent start-up – it’s important to know who your customers will be, how you’re going to get the word out to them, and who you’ll have to go up against in order to get their business. So how do you … Continued

Why Understanding Your Competition Is Important

  A thorough understanding of your industry competition is one of the biggest key factors to the success of any business, whether it’s an independent startup or a franchise. Regardless of if your service/product satisfies a unique market, there is always another company offering a similar service/product. The fundamental thing to remember when sizing up … Continued

Signs You’re ready to be your Own Boss

Owning your own business and becoming your own boss can sound equal parts thrilling and terrifying. It requires a leap of faith, ambition, commitment, and a readiness to learn … but if you’re successful, owning your own business will let you take control over your own time, have something to leave for your family, and … Continued

What to Expect When Buying a Franchise

If you’re interested in buying a franchise, chances are you’re looking to capitalize on selling products and services that come with instant name recognition, along with receiving proven training and support designed to help you succeed. But while investing in a franchise can indeed help to eliminate a lot of the upfront work (like territory … Continued