Categories for Startup Tips

New Year, New You, New Focus!

January 14, 2019 8:00 am Published by

How often have you heard someone say ‘new year, new me’? Or, perhaps you have even made that promise to yourself only to start losing focus by February and perhaps already breaking some of your resolutions? Every year starts with so much promise, but by the end of January, the hope of completing a list of resolutions has been lost. Usually, the reason for this is that we set big goals and fail to plan accordingly in order to achieve them. Say for example; you wanted to run a marathon this year? You wouldn’t just sign up a few weeks before the event without putting in the proper training, working out regularly and eating right! It’s not possible to perform... View Article

Why To Invest In A Franchise Business In 2019

December 10, 2018 8:00 am Published by

This year is the year! Have you always dreamed of becoming self-employed and investing in a franchise business? The dream could be closer than you think as right now is the perfect time to follow your New Year’s resolution, find a new career and start your own business. Hint: Start planning 2019 now using this handy guide. There are always plenty of reasons to start a franchise, but 2019 may be one of the best times yet. We review the facts: The Franchise Facts Franchises contribute to £15.1 billion to the UK economy, so now is the right time to invest in your own franchise with more than 900+ franchise brands operating in the UK. Many people look to franchises... View Article

Plan For A Successful 2019

October 22, 2018 8:30 am Published by

Benjamin Franklin supposedly once said, “if you fail to plan, you are planning to fail”. Whilst it might be far too early to start planning your 2020 summer holiday, it is certainly the time to start planning how to make next year a great success! If you’ve been considering a new career, perhaps itching to start a business or launch your very own franchise now is the time to plan. So, where do you start? Let’s look at our own example. Home Care Preferred launched in 2012 and whilst franchising was always a goal, the franchise launched in 2017, a full 5 years after the inception of the company. The reason being that there was a plan. Testing and trialling... View Article

4 Tips To Help You Succeed As A Manager

October 3, 2018 8:30 am Published by

Franchise business owners and entrepreneurs alike will understand the struggle of opening a new business. Not only will you need to launch the business, finance it and promote it, but you will also need to recruit and train your staff. Once your up and running, use these tips to help you succeed as a new manager, become a great boss and keep a happy, committed team. Set The Right Example: As a manager or boss, your team will look up to you for guidance, advice and how to get things done. Set the right example at all times; from arriving on time to the office, to managing customer expectations and producing great work. Show them how you want things done... View Article

Word-of-Mouth Recommendations Are Free Exposure For Your Business

September 28, 2018 8:30 am Published by

As a new business or franchise owner, you will know that the best marketing tactics and biggest advertising budgets will only take you so far. Hopefully, a large part of your business will be generated via word-of-mouth recommendations! And why not? Because, if you get it right, it is a fantastic way to grow your business, plus it’s free! According to Neilsen; “92% of consumers believe suggestions from friends and family more than they do advertising”*. With that in mind, all new businesses and franchise owners should do their best to increase their word of mouth recommendations. Use these tips to help: Be Honest We all know that ‘honesty is the best policy’, so be honest with your customers. If... View Article

The Biggest Challenges Startups And Entrepreneurs Face

August 20, 2018 8:00 am Published by

There are many reasons why you should be starting your own business or buying your own franchise. It will give you flexibility, you will earn more money, you will become own boss and you can build and learn new skills. However, there are also some challenges and difficulties that business owners will face (especially at the beginning). You should consider the following challenges when starting your own business and how you can overcome them. Funding a business or franchise Whether you are buying a franchise or starting up a new business, the biggest hurdle you might face early on is funding. Perhaps you can fund it yourself through your savings, but if you cannot then you might need to approach... View Article

How to motivate yourself in the early stages of business

January 9, 2018 8:00 am Published by

Working on your own every day can be hard, especially as a new business owner. At Home Care Preferred we believe that while our franchise owners work for themselves, they should not feel they are in it by themselves. Understandably, however, there will be days when you need to give yourself a little nudge or boost– especially during the early stages when you are still learning the ropes. Tip 1: Make a daily plan At the end of each day make a to-do list and plan a day ahead. As well as long-term business goals, short-term smaller ones are just as important to help you stay on track and focused. Tip 2: Network Join networking groups where you’ll find lots... View Article

From high pressure careers to a highly rewarding franchise

November 22, 2017 6:30 am Published by

With more entrepreneurs turning to rewarding careers in something they are passionate about, we caught up with Home Care Preferred’s latest franchisees to discuss the purchasing experience and why it was a good decision. Carole had dreamed of owning her own business for several years and following a difficult period for her family she received hands-on experience of caring for a poorly relative. She saw for herself what the care industry does in the community and it sparked a passion in the care sector. She decided to approach her friends and family (now her business partners) with a look at purchasing a care business. What did you do prior to opening a franchise and why did you change careers? I... View Article

The Importance Of Business Networking

November 2, 2017 5:22 pm Published by

Networking is not only a valuable way to expand your business success, but it’s hugely beneficial to entrepreneurs as this is how they can attain new clients. After all, Marketing Guru Seth Godin says, “People do not buy goods and services. They buy relations, stories, and magic”!   Here are our top 3 reasons for why business owners should start networking! Hint: Read to the end to find out how to receive £1,000 instantly from your own network! Increased Business: Perhaps the most obvious reason, but joining networking groups will increase the number of times you showcase your business, make connections and therefore increase the amount of business you’re able to generate. Increased Knowledge: Networking with entrepreneurs can give you... View Article

The Must Ask Questions for Franchisees

November 2, 2017 5:11 pm Published by

If you’re ready to purchase a franchise or if you’re meeting up with a potential franchisor be sure to read up on our last post about ‘What to Ask a Franchisor’? Click here to catch up. Before committing to a franchise, it would be a good idea to consider these additional questions to find out if the business is right for you. Ask these at your next meeting: What kind of profits would I make? A franchisor will be able to share with you their projections for profit. However, you must complete a business plan and take advice from your accountants. Will I have any additional start-up costs? You may already understand the investment requirements for your chosen franchise, it’s... View Article