Categories for Guidance and Advice

What To Consider: Choosing A Franchise

August 15, 2017 3:15 pm Published by

You might already have chosen your franchise, or perhaps you’re just starting off on this journey, whatever stage you’re at this decision should not be made on a whim and you should carefully consider all of your options before making any big decisions. First and foremost, start by crafting a list to include the following; –      What are your interests? Think about the things you love, the things you’re passionate about! A franchise will become your business; use this opportunity to chose something you want to do for yourself and your future. –      Think about your budget! How much do you have and want to invest in the franchise? Include start-up costs in your budgeting so you’re well prepared for conversations with... View Article

6 Steps to Surviving 3 Years

August 15, 2017 11:17 am Published by

Ray Zinn is a guest writer for Entrepreneur and he is also the longest serving CEO in Silicon Valley and author of Tough Things First. In a recent article written by him for the Entrepreneur he shares some tips for surviving the initial 3 years in a business, below are some excerpts from the article. The odds of your startup being around three years from now are not good. Statistics show that about nine of every 10 new businesses fail that quickly. Often, it isn’t from a lack of hard work or a great idea. The real downfall is a lack of discipline where it counts. Too often the basics — knowing your market, having enough cash, establishing a healthy corporate culture —... View Article

Tips & Advice: How you can create a responsible business

July 31, 2017 3:34 pm Published by

A responsible business and its parameters can be defined as one that conducts itself with ethical, environmental and community consideration. In addition to this, a responsible business is also a good employer and one that makes a profit. Many businesses operate responsibly daily with good practices set up to cover the mentioned areas of consideration. Here at Home Care Preferred responsible business is at the heart at what we do! Not only are we passionate and committed to delivering the best possible care and support in the community, but Home Care Preferred are ethical and environmental. For example; the company is going completely paperless, we recycle reclaimed equipment, we offer car pool services and encourage caregivers to use public transport... View Article

What Franchise Model Is Right For You?

July 5, 2017 12:52 pm Published by

Many years ago, the most common franchise was the traditional brick and mortar location such as fast food restaurants and storefronts. Modern technology has brought a variety of business models to the marketplace that offer several different models to choose from. Home Based Businesses Home based businesses are very popular these days since technology has made it possible to perform many business activities remotely. These businesses include accounting and professional services, consulting, digital and other marketing services and a variety of other models. These franchise models offer owners many benefits including lower operating overhead costs, fast and easy startup and the convenience of working from home. Consider the following when evaluating a home based franchise business: Are you a good time manager? Working from home allows... View Article

10 Things to Consider When Choosing a Location for Your Business

June 8, 2017 1:11 pm Published by

Before you start shopping for business space, you need to have a clear picture of what you must have, what you’d like to have, what you absolutely won’t tolerate and how much you’re able to pay. Developing that picture can be a time-consuming process that’s both exciting and tedious, but it’s essential you give it the attention it deserves. While many startup mistakes can be corrected later on, a poor choice of location is sometimes impossible to repair. Be systematic and realistic as you consider the following 10 location points. 1. Style of operation. Is your operation going to be formal and elegant? Or kicked-back and casual? Your location should be consistent with your particular style and image. If your... View Article

A Guide to Preparing a Business Plan

May 31, 2017 11:09 am Published by

Your Business Plan is the ‘sales document’ for you and your business. It’s preparation and presentation should project the image you want for your business. Its content should be clear, concise, to the point and divided into logical sections. As a guideline, your plan should structure broadly as follows: 1. Introduction Describe the purpose of your Business, briefly outline the concept. Include YOUR overall business objectives. Decide on the ‘legal status’ of your business – sole trader, partnership, limited company or co-operative? All have benefits and shortcomings. Find out which is right for your situation. 2. The Product or Service Describe precisely the product or service that your business will offer. Include any relevant history of the product or service... View Article

Advice from the Experts: Ken Waterhouse, Managing Director of Home Care Preferred

May 19, 2017 10:59 am Published by

Ken Waterhouse, MD of Home Care Preferred, provides insight into what the company does best. Can you fill us in on the background of the franchise? When Home Care Preferred was started back in 2012, the plan was always to take the franchising route as we know it is one of the most effective ways to expand a business. However, we wanted to ensure that we have tried and tested our unique model of ‘One Stop Shop for Care’. In the last 5 years, we have done just that and in the process earned commercial success as well as public accolade, therefore in 2015 we decided to start planning for our franchise offering and we launched Home Care Preferred Franchise... View Article

Franchising in the last year and Brexit

February 14, 2017 10:22 am Published by

For 2015 and 2016, the franchise sector is expected to be valued at more than £15 billion in the UK economy, according to the bfa NatWest Franchise Survey 2015. That is a 10% increase from the 2013 survey and a 46% increase in the past decade. In 2015, 97% of franchisees reported profitability, a statistic expected to hold true for 2016 as well. The continued success and expansion of the franchise sector gives credit to the common claim that using a business’s tested, proven business model increases the likelihood of keeping doors open and reaching profitability quickly. Many franchisees enjoy this sense of stability and camaraderie as they start their business, as it enables them to be in control without... View Article

Patient Handling Equipment Market Is Expecting Worldwide Growth By 2021

February 3, 2017 6:07 pm Published by

Healthcare organisation are increasing the adoption of patient handling equipment to avoid the injuries often caused by manual handling. Patient handling tasks includes transferring, lifting, and re-positioning (turning patients in bed, giving patients baths on the bed, patient dressings, etc.) Patient handling equipment include stretchers, I.V. poles and accessories, operating table pads, armboard pads, wheelchair, medical beds, and scooters. Stretchers, wheelchairs, and scooters are used for moving patients who require medical care. Medical beds allow patients to change position for comfort and provide a comfortable sleep environment. Patient handling comprises the lifting, lowering, holding, pushing, or pulling of patients. Patient handling equipment are mobility, disability, and rehabilitation equipment specifically designed to provide comfort and quality of sleep to hospitalised patients... View Article