Start-  Start-Up Company Compa         Alternatives

BUY a Franchise or Existing Business
Most would be new business owners think generally of starting a business from scratch - doing all of the research, setting up accounting records, planning, marketing, etc.  But there are other alternatives!
Buy a Franchise - There are franchise agents who represent many  individual franchisors     for a multitude of business types. Franchises account for about 12% of business, but, 50% of retail sales.  They include the whole range of retail, personal or corporate services, fast      food,  building maintenance, consulting, etc.  It costs you nothing to ask.  Any fee is paid by the Franchisor.  Check this out so "you can be in business for yourself - but not by yourself"!
Buy an Existing Business There are brokers that sell businesses just like they sell houses.  Business become available to buy due to retirement, illness, partner disputes, lack of succession planning, loss of interest, etc.
Open a Web Based Home Business Every new business should have an internet strategy, but this alternative is solely internet based for those who want to work from home.  All we want to do is expose you to this as an option.
How do you assess your options?
  1. Use a free franchise consultant, like
      Franchoice
  2. Investigate via web, check Trade
       Association
  3. Review businesses for systems and 'fit'
       with yourself
  4. Investigate costs and financing available
  5. Call Franchisor and study in detail FDD -
       Franchise Disclosure Document
  6. Call and visit other franchisees
  7. Visit home office of franchor -
       called "Discovery Day!"
  8. Final review with advisors - legal,
       accountant, business planners, etc. 
Why go the franchise route?
Evaluating a Business to Buy.
  1. Assess your experience, interests, location 
      desired and money available
  2. Research on web , assess competitors, etc. 
  3. Retain a Business Broker, legal and
      accounting advisors for search,
       evaluation & negotiation
  4. Get balance sheet, income statements and
      copies of tax returns for 3-5 years.
  5. Review or get an appraisal - look for bad A/R,
      law suits pending, useable inventory, renewable
      leases, etc.
Structuring a Purchase Agreement
     
Basics of a Web Business
   1. Decide your purpose: product or
       service, B2B or B2C, affiliate
       marketing, or information only
   2. Register you business with the state
       and add a complimentary domain
       name with appropriate extension
   3. Draft ideas on style, colors and
       content based on your objective and
       Internet samples.
   4. Who will build and host the site-
       a. Developer from your draft
       b. You from a template, like this site
   5. Coordinate any print and web
        materials
   6. Get visibility and market your site
       a. Search engines and SEO
       b. Links to and from other sites
       c. Print/brochure/business cards
       d. Referrals by sociates/businesses
   7. Refresh your site with new
        material/products
Website Features of a Template or Site 
          system
          involved
          forms?
          many items, sizes or colors
          transactions

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  Small Business Tools
         offering time saving Help!
Home Based Web Business
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