Buying a franchise can be an exciting opportunity, but you should consider your options carefully before doing so. To help you in that process, this article covers the topics of selecting the right franchise, researching specific franchises, and franchise financing....
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Horizontal business mergers involve combining two businesses that have similar products, services, and target customers. For example, two companies that offer apartment-cleaning services that merge would be participating in a horizontal merger. The chief advantage of a horizontal merger is...
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The No. 1 thing people should know about business growth is that one size never fits all. Every business team has different ideas of what size they want to grow to and how to get there. Is there a certain...
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There are plenty of ingredients that can combine to encourage a business to grow. Some are difficult to control, like the economy. But others can be affected by strategic decisions made by company owners and managers, such as quality products,...
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Often additional funding is required to move small businesses along to their next stages of growth. However, applying for loans from the Small Business Administration can be a daunting process that is even more difficult if you are unprepared. Here...
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One of the best things you can do to succeed in business is have other people working with you. You don’t necessarily need a staff of dozens, hundreds, or thousands. All you really need is a group of people able...
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Workplaces vary significantly depending on industry, location, and the proclivities of the owners. However, regardless of their idiosyncrasies, companies that provide surroundings most conducive to employee efficiency, safety, health, and well-being are more likely to prosper. Here are some tips...
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Although the rewards of small business success are compelling, sometimes the day to day grind of running a company can get you down. It is imperative that you remain positive and energized to ensure continued business growth and an upbeat...
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Healthy cash flow is an important factor in small business success. However, sometimes seasonal slumps in income or slow-paying clients cause a shortage of working capital. With accounts receivable financing, your company receives a quick inflow of cash that you...
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Forget about furious battles with competitors or international trade disputes: the biggest challenges facing many businesses are the internal ones. This can include everything from new ways to motivate employees to perform better, to how to create safe, secure workplaces....
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