Tag Archive: Business

Franchise Business Owner

You Can Start A Business In Retirement

January 24, 2018 7:00 am Published by

Franchise Owners (and mother-daughter partnership) Angie and Shir-Li are looking to launch their new business. Angie, having worked as a Vice President in the banking sector in Malaysia, decided to move to the UK and invest in a Home Care Preferred Franchise, a model and sector very close to her daughter, Shir-Li’s, heart. In the past, Shir-Li had worked as a team leader and care coordinator for Home Care Preferred after her graduation. Their partnership signals the start of an exciting new family venture with support from Boon-Leong, Angie’s husband, who will be the company secretary. We caught up with Angie and Shir-Li to discuss their plans and reasons behind opening a franchise business. Why did you decide to open... View Article

Motivation Business Weekly Planner

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

Networking People

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

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

Event, Exhibition, Trade Show

Visiting An Exhibition? 5 Tips To Getting The Most Out Of It

September 30, 2017 8:00 am Published by

Exhibitions and trade shows can be very productive for entrepreneurs and business owners, but you don’t want to leave the event without having found everything you need for your business and without speaking to all the people you need to. In order to make the most out of them, we’ve compiled our top five tips to help you get the most from the day: 1. Identify A Target List: In advance of the event make sure you visit the exhibition website and pick out the key businesses and people you’d like to speak with. Note down their stand numbers and map a route for yourself from entry to the event, this will ensure that you have made time to speak... 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

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

small_business_survival_rates_fundivo

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