How to find and build a cash-cow franchise — even if you have very little cash of your own
We wouldn’t fault you for thinking that the best way to build significant wealth in franchising is to spend significant money up front. Or, to put it another way, you get what you pay for. While there’s an argument to be made for paying for quality, there’s another side to this coin: searching out value. The best
Today, Easy Commerce
Yes, you can launch an online store for under $300. In fact, with the barrier to entry so low, anyone can build an e-business.
E-commerce doesn’t have to be expensive commerce. More and more companies – some of them with very big names – are offering services that let you quickly and easily set up shop on the Web in a matter of hours. Their secret? They make the construction process as simple
Have a great business idea but don’t know what to do next? Take these five steps, and you’ll end up with more than a great idea; you’ll have your own business.
Jack Chen and Fernando Espuelas were willing to risk it all: their high-powered careers, their life’s savings, their future security. They were boyhood friends who wanted to make a name for themselves – and a nice chunk of change – by starting the equivalent of
How to gaffe-proof your sales pitch
Most entrepreneurs are shocked when I tell them that almost all businesses can be financed. “If that’s true,” they ask, “then why do investors treat me as if I had the plague?” In the five years, I’ve been at the helm of the Regional Investment Bankers Association, I’ve watched nearly 1,500 companies attempt to raise money at our conferences. Sadly, most business owners short-circuit their efforts by committing four deadly
Winning a big client is a little like dating a movie star. There’s a lot of prestige that comes with jumping into the limelight, but staying there can be a bitch. For many entrepreneurs, the toughest part of the relationship is getting large businesses to pay up. The fact is, at many of America’s corporate monoliths, the folks in accounting like to wait 60 or 90 days before they pay invoices. The reason is simple: the
Their start-up ventures are not just duking it out for market share; they are fighting to change the very way America watches television. It’s the ultimate lesson in competitive battle practices
One evening in 1991, Anthony Wood came home late from work. That he was a few hours late was not so significant; but that he1d failed to ask his wife to tape his favorite show, “Star Trek: The Next Generation,” set off a spark that