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What is the Most successful franchise for small business owners?
Wiki User
∙ 13y ago
Subway Restaurants, McDonald's, and 7 Eleven are the most successful Franchises.
However, what most people don't know is that there are hundreds of successful franchises that don't require the large investment of the well-known brands, so do not fret if you can't afford a Subway, McDonald's, KFC, or a Supercuts.
It's all about finding the right Franchise relative to your passion that can also fit your long-term vision, and goals to owning the Franchise of your dreams.
You can start by looking into the 100 Hottest Franchise opportunities that I came across for 2010 shown under related links below, which should help to expand your imagination, and think outside of the box.
Wiki User
∙ 13y ago
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What are three of the most important government characteristics for successful small business development?
Suggest three of the most important government characteristics for successful small business development.
What economic system was favored by small business owners?
The Free Market
What is the average net worth for small business owners?
ya mum
What is the explanation for the features of small business enterprise?
Features of Small Business Managementby Osmond Vitez, Demand MediaSmall business management requires individuals to have a wide variety of business knowledge and understanding. Business owners must often learn new skills as they work in a company and expand its operations. Individuals can often take college courses, attend seminars or review websites to increase their knowledge a small business management. Business owners may also consult with other owners or review information from the Small Business Administration (SBA) regarding small business management techniques.LeadershipBusiness owners must be the leader of their organization. They often provide the mission, values and goals for the small business. Leadership and business ownership are two different things. Many business owners can run their company and complete operations with few problems. However, leading other employees can be a completely different issue. Business owners who expand their operations often need employees to complete various business functions. Leadership requires business owners to work through employees, not around them. AccountingAccounting is an important business function. Business owners often use accounting to record, report and analyze information relating to financial transactions. Small business accounting usually encompasses several different features. Overseeing company cash flow, paying bills, collecting money from sales on account, entering journal entries, and preparing the general ledger and financial statements are a few small business accounting features. Business owners must be able to understand and apply accounting terms, principles and guidelines to their company’s information. Accounting information can also be used by business owners to conduct a performance measurement analysis for business decisions. Human ResourcesBusiness owners must pay careful attention to the human resource needs of their company. As a company begins to grow and expand, the hiring of employees is usually an essential part of small business management. Business owners must understand the current job market and how to set wages for various job positions. New employees can also create significant paperwork or administrative issues for small businesses. The performance of background checks and drug tests, and the collection of personal information and other paperwork are all involved with hiring employees. Business owners must decide whether this process will be completed in-house or through a third-party employment agency. OperationsOperational management is a key part of small business management. Business owners carefully review their operations to ensure goods or services are produced in a high quality manner. Business owners are also responsible for acquiring economic resources to use in their business operations. Operational management can include production processes, customer service, marketing and other various activities. Smaller or home-based businesses are usually easier to manage. Business owners with larger organizations must usually spend more time managing business operations and ensuring all functions are properly completed.
Entrepreneurs in the US?
If you're looking for a group of small business owners or would like to get the latest trends, tips and news on it - you can visit the US Small Business Administration ( SBA ) website.
Where can one find information on small business advice?
"There are several webpages one can find advice on small business but if you are looking for help in your location try talking to successful business owners there. Also, call the franchise you're with or interested in starting up and see if they have any programs for help."
How do I start a cleaning franchise?
First, you should start with a single small business. Market it and promote the cleaning business in the local area surrounding the business location. Then as that business becomes successful, you can franchise it and open other business locations in other areas.
Do I need a business plan to start a franchise?
You should have a business plan as it will greatly help you in starting a franchise. You should start a small business first and then expand to a franchise.
What is small scale business?
Small-scale business is a privately-owned enterprise or franchise.
How does the health care bill effect small business owners?
small business owners can now get healthcare.
What loan options are available for the small business owners of America?
There are lots of options for small business owners in USA. You can get loan for start up loans,SBA loan,equipment financing,franchise loan.business loans for women,loan against personal assets. for more option you can go for http://www.biz2credit.com/
Is a franchise considered a small business?
hel naw
What is one federal resource that can assist small business owners?
One federal resource that can assist small business owners is the U.S. Small Business Administration
Where can one find information about buying a franchise business?
One can find information about buying a franchise business from the following sources: Franchise Direct, Chips Away, Entrepreneur, Business For Sale, Small Business Administration.
Who is Inc magazine's target audience?
Inc magazine's target audience is typically comprised of entrepreneurs, small business owners, and professionals interested in business trends, management strategies, and insights on building and growing successful businesses. They are seeking practical advice, inspiration, and resources to help them succeed in their ventures.
Where does one go to start a small business grant?
The Ontario government has several incentives for small business owners especially new business owners. Start by searching the government's website and follow links for small business owners. You can also call them to get more information.
What government assistance programs are available for small business owners?
The Small Business Administration (SBA) offers many loans and financing programs that are available to small business owners to help out their companies.
