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    Top 7 Secrets to Financing a Franchise Business
    Okay so you have decided you want to own your own business and instead of starting from scratch you are looking to buy a franchise with a proven business model in a field, which is something you see yourself enjoying right? Well, this makes sense really and you are not alone, did you know that there are in excess of a half million franchised outlets in the United States alone? Wow. In fact franchising accounts for one-third of every consumer dollar spend in the United States and that num
    ntality leads to short-term dividends, but it sacrifices long-term market viability. The trash bin of the business world is full of such companies. Enron, K-Mart, and the list goes on and on.

    If you don’t continually keep in touch and in tune with your customers, how will you be able to anticipate their needs or remain relevant to their lives? Your ad agency can be a great asset here if you let it.

    We live in an instant-gratification age. If you want something now, you can generally get it. If the product or service

    Shifting Goal Posts
    If transport industry is a game of soccer, there are sure signs that the goal posts are shifting*. (Note: for better viewing experience with appropriate colour highlights, please refer to original article, url attached)Goalpost #1: Previous goal post (1996): LTA White PaperWe only started MRT operations in 1987. We cannot grow a comprehensive network over the next few years. However we will build up the network incrementally, properly sized to match ou
    A company’s primary objective should be to serve its community.

    This isn’t some liberal, utopian, socialistic, touchy-feely sentimentality. This is a too little recognized and often overlooked factor in a company’s long-term success. The reason it is hard to believe is because we are confronted with daily headlines about greedy CEOs, profiteering multi-nationals and selfish companies of all sizes.

    The reason it is hard to follow is because too many business people take short-term views of their business. They don’t care what happens to the company, the product or the customer after they’re gone. They care about profiting from them all while they’re here.

    Hey, capitalism rocks! I’m not saying money is the root of all evil. On the contrary, I love money. But the only way to sustain your income (both individual and corporate) is to focus on your community, not the money.

    Certainly every successful businessperson knows that you must keep an eye on the bottom line. However, if your head is always down in the financial reports, you will find yourself veering off course. When that happens, you need friends. You can’t make real friends if you don’t focus on your community and your customers.

    Almost all companies espouse the virtue that the customer is always right. Well, that’s what they tell their frontline workers anyway. The sentiment in the boardroom is often a bit different. If a board of directors must decide between spending money now or providing a short-term dividend to their shareholders, you can bet that most boards will take the dividend, even if the short-term expenditure would have provided even greater returns for the shareholders in the future. Better to keep your directorship and not rock the boat.

    So many companies believe that they must appease their shareholders above all else that it is logical to think that this is the right way to do business. It’s not. In fact, your shareholders work for your customers, too, whether they like it or not.

    Companies get into more trouble when they forget about the customer and focus on shareholder value. This mentality leads to short-term dividends, but it sacrifices long-term market viability. The trash bin of the business world is full of such companies. Enron, K-Mart, and the list goes on and on.

    If you don’t continually keep in touch and in tune with your customers, how will you be able to anticipate their needs or remain relevant to their lives? Your ad agency can be a great asset here if you let it.

    We live in an instant-gratification age. If you want something now, you can generally get it. If the product or service y

    Principles of Accounting and Accounting Assumptions
    In the modem world no business can afford to remain secretive because various parties such as creditors, employees, taxation authorities, investors, public and government etc., are interested to know about the affairs of the business. Affairs of the business can be studied mainly by consulting final accounts and the balance sheet of the particular business. Final accounts and the balance sheet are end products of book-keeping. Because of the importance of these statements it became neces
    are what happens to the company, the product or the customer after they’re gone. They care about profiting from them all while they’re here.

    Hey, capitalism rocks! I’m not saying money is the root of all evil. On the contrary, I love money. But the only way to sustain your income (both individual and corporate) is to focus on your community, not the money.

    Certainly every successful businessperson knows that you must keep an eye on the bottom line. However, if your head is always down in the financial reports, you will find yourself veering off course. When that happens, you need friends. You can’t make real friends if you don’t focus on your community and your customers.

    Almost all companies espouse the virtue that the customer is always right. Well, that’s what they tell their frontline workers anyway. The sentiment in the boardroom is often a bit different. If a board of directors must decide between spending money now or providing a short-term dividend to their shareholders, you can bet that most boards will take the dividend, even if the short-term expenditure would have provided even greater returns for the shareholders in the future. Better to keep your directorship and not rock the boat.

    So many companies believe that they must appease their shareholders above all else that it is logical to think that this is the right way to do business. It’s not. In fact, your shareholders work for your customers, too, whether they like it or not.

    Companies get into more trouble when they forget about the customer and focus on shareholder value. This mentality leads to short-term dividends, but it sacrifices long-term market viability. The trash bin of the business world is full of such companies. Enron, K-Mart, and the list goes on and on.

    If you don’t continually keep in touch and in tune with your customers, how will you be able to anticipate their needs or remain relevant to their lives? Your ad agency can be a great asset here if you let it.

    We live in an instant-gratification age. If you want something now, you can generally get it. If the product or service

    Greeting Card Printing Made Easy
    Advertising is said to be among the quickest way of informing people about the latest products made. It is in this form that businesses are able to base out their business standing. The outcome of having good advertising is seen through the profits and sales earned by the business.With the present’s viable industry there are lots of print materials that are distributed it includes the posters, business cards, flyers, catalogs, brochures, postcards and a lot more. This material pla
    ll find yourself veering off course. When that happens, you need friends. You can’t make real friends if you don’t focus on your community and your customers.

    Almost all companies espouse the virtue that the customer is always right. Well, that’s what they tell their frontline workers anyway. The sentiment in the boardroom is often a bit different. If a board of directors must decide between spending money now or providing a short-term dividend to their shareholders, you can bet that most boards will take the dividend, even if the short-term expenditure would have provided even greater returns for the shareholders in the future. Better to keep your directorship and not rock the boat.

    So many companies believe that they must appease their shareholders above all else that it is logical to think that this is the right way to do business. It’s not. In fact, your shareholders work for your customers, too, whether they like it or not.

    Companies get into more trouble when they forget about the customer and focus on shareholder value. This mentality leads to short-term dividends, but it sacrifices long-term market viability. The trash bin of the business world is full of such companies. Enron, K-Mart, and the list goes on and on.

    If you don’t continually keep in touch and in tune with your customers, how will you be able to anticipate their needs or remain relevant to their lives? Your ad agency can be a great asset here if you let it.

    We live in an instant-gratification age. If you want something now, you can generally get it. If the product or service

    Bill Gates, Virtual Reality, and Six Flags
    Does bill Gates know something we do not know about Six Flags amusement parks? No probably not, but anyone as smart as he, certainly understands the future of Virtual Reality. Look at the new X-Box 360-degree system? Obviously Microsoft gets it and their research teams may have entered the Virtual Reality Realm a little late, but they certainly understand gaming. Mr. Gate’s increased his holding in the company from 8% to 10%. There can only be one reason in my opinion, Virtual Reality i
    n if the short-term expenditure would have provided even greater returns for the shareholders in the future. Better to keep your directorship and not rock the boat.

    So many companies believe that they must appease their shareholders above all else that it is logical to think that this is the right way to do business. It’s not. In fact, your shareholders work for your customers, too, whether they like it or not.

    Companies get into more trouble when they forget about the customer and focus on shareholder value. This mentality leads to short-term dividends, but it sacrifices long-term market viability. The trash bin of the business world is full of such companies. Enron, K-Mart, and the list goes on and on.

    If you don’t continually keep in touch and in tune with your customers, how will you be able to anticipate their needs or remain relevant to their lives? Your ad agency can be a great asset here if you let it.

    We live in an instant-gratification age. If you want something now, you can generally get it. If the product or service

    Promotional Mugs - What Should Yours Say?
    Chances are good that you have at least one of them hidden away somewhere at the back of your cupboard! Research shows that an estimated 75% of people say they will keep promotional material that they actually find useful, such as mugs.Promotional mugs are a great marketing tool partly because they can be manufactured in a variety of materials – ceramic, metal, glass and plastic. Different styles of mugs tend to appeal to different target markets – travel mugs may appeal to famili
    ntality leads to short-term dividends, but it sacrifices long-term market viability. The trash bin of the business world is full of such companies. Enron, K-Mart, and the list goes on and on.

    If you don’t continually keep in touch and in tune with your customers, how will you be able to anticipate their needs or remain relevant to their lives? Your ad agency can be a great asset here if you let it.

    We live in an instant-gratification age. If you want something now, you can generally get it. If the product or service you use now doesn’t keep up, there are at least a dozen others that can replace it. Companies cannot afford to make the products they want. They must make the products their customers want. The old model went something like this: I make a product because I can and because I can do it cheaply. I then push it into the market by convincing people that they can’t live without it, even if they frankly can.

    The model is more organic and interactive. You must anticipate your customers’ needs and create products they want before they are aware that they even want them. To do this, you must really know them. This intimate knowledge of the customer is why the Apple iPod was such a hit.

    The bottom line is that you must put your customers’ opinions above those of even your CEO, your families and your ad agency.

    This article introduced the seventh of twelve steps. Challenge yourself, your staff and your advertising agency to revolutionize your ad program. If you missed a previous step, contact the author for a complimentary copy. And, remember, every revolution begins with just one step.

    Jeff Berney is a freelance idealist, brand evangelist and writer. He can be reached at jeff@jberney.com.

    © 2006

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