Tag Archive: Business Tips

Business Planning

5 Launch Tips For The First-Time Business Owner

October 2, 2017 8:34 am Published by

As a first-time business or franchise owner it’s likely that you’ve written up your business plan, had meetings with your bank manager and by now you’ve even had the training (if you’re a franchisee), but as first-time entrepreneurs there’s a jump that you’ll need to take from where you are now to the business launch. Read our previous post- “4 Skills You Need Before Opening A Business“. If you’re ready to launch, here are our top 5 tips for truly understanding your business or franchise before launching: 1.The 60 Second Pitch: Can you describe your business, sell your product or state your mission in just 60 seconds? Learn to pitch from day one so you can clearly and concisely describe... View Article

Business Owner

4 Skills You Need Before Opening A Business

September 13, 2017 8:37 pm Published by

Opening a business or purchasing a franchise can have its own challenges, make sure you have these key skills mastered: Communication: Whether you’re writing a business plan in preparation to talk to a bank manager, or you’re about to meet with franchisors you’ll need to be able to master your communication skills. Later down the line, you’ll need to communicate verbally and written to suppliers, employees, and colleagues so now is the time to perfect it. Project Management: Not only will you need to manage the launch of your business idea or franchise, but you’ll also need to be able to project manage your timeline, budget, staff and more. If project management isn’t one of your top skills, consider taking... View Article

Business Advice

What People Don’t Tell You About Franchising!

August 24, 2017 11:00 pm Published by

When friends and family find out that you are thinking of purchasing a franchise, are they happy for you? Worried? Perhaps they are business owners themselves and have been in your situation before, maybe they offer their own advice? We’ve compiled a list of the things people should tell you but often don’t about franchising (and starting your own business).   Running your own business is going to be tough! Ok… maybe they have mentioned this before! What they probably don’t tell you is that at some point you will become the sales director, marketing executive, accountant, buyer, delivery driver and perhaps many other roles in your own company or franchise. The demands on you as a business owner are... View Article

Interview a franchisor

What To Ask A Franchisor

August 24, 2017 4:56 pm Published by

You’ve done your research, looked at the financial reports and narrowed down your options to just a few franchises, which you feel passionately about and believe would be a good fit! How do you choose just one? Ken Waterhouse, founder and managing director of Home Care Preferred shares the important questions you should be asking your chosen franchise before making a commitment. How much will the investment be for the franchise? Ken explains that normally this information is supplied quite early on in the decision-making process, but it’s important to weigh up the pros and cons. Of course, you should also make sure you’re able to deliver the required investment before continuing conversations with the franchisor. How do you choose... View Article

Success, Business

5 Habits of Successful Business People

August 18, 2017 12:36 pm Published by

Successful business people are not born successful! Behind every successful entrepreneur, business man or woman you admire there is hard work, dedication and a lot of motivation. Here are the five key habits that successful business people share: They Dedicate Time To Learning- successful people are not given the knowledge they need from the onset. They (like most people) have to figure it out along the way. They dedicate time each month or year to take their learning to the next level. Incorporate learning into your personal goals. Perhaps take up a course after work or during some downtime to expand your own knowledge on a subject, which will help you in your business. Wake Up Early- successful people are... View Article

Writing notes

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

Responsible Business

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

Franchise Business

3 Reasons Why You Should Own A Franchise Business

July 23, 2017 8:40 pm Published by

Starting your own business can be hard! In today’s world, entrepreneurs are struggling to balance work life, family, social and other commitments. Throw in a new business, finding clients, building a website, and then managing your projects and it can become quite overwhelming! Enter franchising! Picking a franchising opportunity can give you both the financial stability you want from life, the desire to own and run your own business whilst also offering lots of other perks such as support from the parent company. Here are our top three reasons why you should consider owning a franchise business: 1. Quicker (and often better) Success Rates. A franchise business will have spent years perfecting how they do business. They will have made all... View Article