If you’re an ambitious, hoping-to-be entrepreneur, and the thought of starting your own business is a bit daunting, one option to consider could be franchising. Pros • Operating under an already established brand could lead to success as they already have an established business model, loyal customers, and market trust. • You will immediately have advice, support and guidance from the franchisor and not have to worry about start-up costs and branding. • Securing financial support, such as loans, is easier. Investors are more likely to look upon franchises more favourably as they have a proven business model. • Relationships with suppliers, distributors, sales and marketing teams already exist so...

Lower Startup Costs– costs involved with starting your own business tend to be high compared to choosing a franchise option. Many companies will have a set financial plan so you understand the initial costs of investment involved. Support & Expertise– owning a franchise tends to come with a good support network, from the company and also other franchisers in different areas across the country. Brand Recognition– becoming the franchise owner of a company that already has brand recognition means you don’t need to spend as much time building brand recognition. All you need to do it market the service in your own area. There are many positives to owning your...

If you’ve been asked to plan a conference and you’ve never done so before, it can be quite an anxiety inducing experience. There are so many moving parts and needs that have to be met such as finding the right speakers, ensuring the needs of the audience are met, ensuring everything is working smoothly etc. With that said, we will now take a look at a couple of essential tips that will help you to pull off an amazing conference. Now, our first tip is that you should plan the conference many months ahead of time. This is especially true if the conference is medium to large. Even if you’re...

Let’s face it, planning an awards ceremony is difficult at the best of times. You have so much to do, from choosing the venue to invitations, entertainment, AV hire, facilities, food, drinks and decorations. That’s a lot to consider, so if you’re faced with the dreaded task of planning a ceremony for your company, we have some handy tips to give you some essential guidance. Start by deciding on the budget you have to work with. It’s important to work closely with your board of directors or manager to ensure you have a correct sum to hand, and try to have the budget signed off in writing so you can...

Have you ever wondered what is a business acquisition loan and how can it help your company? Because I have, or more accurately I used to before, but it’s pretty simple, but first what exactly is a business acquisition loan? It is a loan which is provided by a lender to a company, firm or business to acquire someone else’s existing business. In simple words, it is a loan to buy other’s business, but the business that you plan on buying needs to be existing and profitable or else getting the loan will be difficult. There are various ways in which a business acquisition loan can help your company such...