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What else can I help you with?
What is the difference between entrepreneurs and non entrepreneurs?
Entrepreneurs are willing to assume financial risks to create a profit; they start businesses. Non-entrepreneurs do not start businesses.
Does Terminix serve businesses?
Yes, Terminix does serve businesses. Wherever there is a need for insect control, Terminix is willing to help you get rid of the infestation or problem even if it is in your office.
True or false entrepreneurs are willing to take the initiative and assume risks when starting new businesses?
True
Does a franchise owner have complete control?
While the franchisee is, in fact, the owner of its own business, and in most cases owns tangible assets of the franchise outlet, that doesn't mean they have complete control. In some way, the franchisee is not entirely independent. The franchisee must adopt the franchisor's business system, instructions, and operations to guarantee proper presentation of the brand. This is why many entrepreneurs often struggle when they choose to buy a franchise. However, some franchisors are open to feedback and in some cases are willing to change certain practices recommended by their franchisees. A franchisee must conform to the rules of the franchise agreement. This may include store or facility layout and organization, signage, product management (what you sell) , and purchasing equipment, ingredients, and supplies from the franchise organization. Although the declared reasoning for purchasing supplies from the franchise organization is to keep the quality of products to the standards of the franchise organization, the quality is not always higher although its cost is higher than from other sources. This serves to keep a flow of income to the franchise organization after the initial franchise fees. It may also make it more difficult for a franchise to compete profitably with competing non-franchise facilities. One result of this is the occasional use by some franchises of "bootleg" supplies purchased elsewhere at lower cost and possibly (but not necessarily) lower quality. Although violating the rules of the franchise agreement, it is difficult to catch and enforce.
Does a franchise have complete control?
While the franchisee is, in fact, the owner of its own business, and in most cases owns tangible assets of the franchise outlet, that doesn't mean they have complete control. In some way, the franchisee is not entirely independent. The franchisee must adopt the franchisor's business system, instructions, and operations to guarantee proper presentation of the brand. This is why many entrepreneurs often struggle when they choose to buy a franchise. However, some franchisors are open to feedback and in some cases are willing to change certain practices recommended by their franchisees. A franchisee must conform to the rules of the franchise agreement. This may include store or facility layout and organization, signage, product management (what you sell) , and purchasing equipment, ingredients, and supplies from the franchise organization. Although the declared reasoning for purchasing supplies from the franchise organization is to keep the quality of products to the standards of the franchise organization, the quality is not always higher although its cost is higher than from other sources. This serves to keep a flow of income to the franchise organization after the initial franchise fees. It may also make it more difficult for a franchise to compete profitably with competing non-franchise facilities. One result of this is the occasional use by some franchises of "bootleg" supplies purchased elsewhere at lower cost and possibly (but not necessarily) lower quality. Although violating the rules of the franchise agreement, it is difficult to catch and enforce.
Where can one get help with financing a franchise?
The majority of banks will help to finance a franchise business. Many banks are willing to lend money for a franchise business since the business is considered safe. A person must set out a good business plan to the bank of their choice.
What types of information about their businesses would owners be willing to provide bankers?
What type of information about a business would owners be willing to provide to bankers about al loan?
What type of information about a business would owners not be willing to provide to bankers about al loan?
What types of information about their businesses would owners be willing to provide bankers
How do I get a business loan based only on the business credit?
Most, and perhaps all, business lenders to small businesses will require a personal guarantee and consider the credit of the guarantor. If the business has an unencumbered asset that is significantly more valuable than the loan you request, and you are willing to use it as collateral, an asset-based loan is a possibility. If you are willing to pay higher interest rates, you may be able to find hard-money lenders (other than banks and credit unions) who are willing to lend without a personal guarantee. Expect to pay much higher rates for alternative types of financing.
Is there a school or center that provides coaching for new small business owners?
Contact the AARP. Local chapters sometimes have a group of retired business people who are willing mentor or coach new businesses. www.aarp.org
What is the difference between entrepreneurs and non entrepreneurs?
Entrepreneurs are willing to assume financial risks to create a profit; they start businesses. Non-entrepreneurs do not start businesses.
How do you find businesses willing to donate to your fund-raiser?
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What business are good with roof repair?
It would really depend on the businesses in your area. You could find some experienced people willing to help you with this project by posting an ad on Craigslist.
The importance of business in society?
Businesses are important to the nation's economy as well as individuals and families for a variety of reasons, and the type of business can also depend on why they are important. Certain businesses are able to help the poor and contribute to several different types of charities, or they will put on events that help keep the economy growing.
Which banks specialize in small business loans?
Most small, hometown banks specialize in small business loans. Due to the fact that they are more tied to their community, they are willing to take into consideration businesses that may not pass the criteria needed for bigger banks.
Why would big business support immigration?
Two main reasons are: They mine other populations for the best and btightest to get or maintain their edge in business or, some businesses encourage immigrants to accept jobs at a lower pay scale than most Americans are willing to accept.
Comparing a franchise to employing people in my own company, what are the advantages and disadvantages?
If you franchise you will have to share the profits and you won't have total control over your company. It all depends what you are willing to give up and what you will get in return.
