- Corporate Taxes
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written on January 31, 2012
by Marlene Herman
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Owning a Franchise
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If you never owned a business, one of the biggest surprises can be the exorbitant taxation especially in the State of Ohio. Taxes and rates will vary based on your tax structure, sales volume, city, state, and type of business.
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- Employees for Franchises
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written on January 30, 2012
by Marlene Herman
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Owning a Franchise
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One of the hardest and seemingly simple things to do is find good employees. You would think with unemployment at an all-time high since the depression, people would be knocking on your door. It also seems to make sense that the Franchisor would have a steady stream of candidates looking for a job since it will also benefit their bottom line.
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- Sales Leads
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written on January 30, 2012
by Marlene Herman
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Owning a Franchise
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One of the advantages of owning a Franchise over a startup is increased sales. Franchises are a proven business model and supplementary sales leads are one of the benefits. No matter what business you get into, obtaining new sales or leads is one of the most difficult aspects of running a business. Of course, some new franchisees think that because they bought the “name” customers will be standing in line waiting for service. The reality today is that if a consumer does not know a “name” of a company for the product or service they need, the first thing they do is ask a friend or relative.
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- Personals – I am looking for…..
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written on January 20, 2012
by Eric Kurjan
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Strategic Planning and Execution
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Recognizing or wanting to change is one thing, but doing it requires any entirely different mindset.
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- ‘Tis the Season - Strategic Planning –It’s a real Party!!
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written on December 01, 2011
by Eric Kurjan
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Strategic Planning and Execution
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If you don’t have a plan for 2012, you better hurry up. Your business success depends on it.
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- Why Floss?
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written on October 27, 2011
by Eric Kurjan
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Strategic Planning and Execution
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A company-wide culture of leadership is tough to build but has enormous rewards.
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- Who Needs to Know Your Succession Plan? – Part Two
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written on October 10, 2011
by Chris Cooper
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Succession Planning
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Many business owners struggle with to what extent to share their plans, and who to share them with, regarding exiting their business. Maintaining a high level of secrecy is often viewed as an integral component of planning, and in many cases is the right course of action. On the other hand, it is a common observation regarding human nature that rumor and innuendo will soon fill a vacuum of little or no information. The effect of false rumors and misunderstandings on a small business can be catastrophic.
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- Multiple Franchise Locations
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written on October 07, 2011
by Marlene Herman
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Owning a Franchise
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Most prospective franchisees open one location and only aspire to add locations by region and/or state but there are advantages to owning multiple stores.
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- Who Needs to Know Your Succession Plan? – Part One
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written on September 30, 2011
by Chris Cooper
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Succession Planning
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Once again Apple is in the news regarding its succession strategy for (now former) CEO Steve Jobs. The impact of his health issues on Apple as an ongoing, successful business have been reported elsewhere (and everywhere), so I won’t go into a lot of detail here. What I wish to focus on is the commotion that occurred a few months ago when some larger Apple shareholders questioned the extent of the company’s plans for replacing Jobs should he need to step down. After all, these major shareholders stood to lose a lot of money should a hurried exit of the brains behind Apple occur. It would be hard not to see their concerns as legitimate.
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- Women Owned Franchises
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written on September 06, 2011
by Marlene Herman
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Owning a Franchise
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There are enormous opportunities today for women. Franchisors see women as a particularly good fit for particular products or services.
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- 2011 Franchise Industry Trends
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written on September 06, 2011
by Marlene Herman
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Owning a Franchise
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The franchises that dominate industries are Fast food restaurants (59%) and Hotels (47%). Some services are almost required such as health care and child care. Although we seem to still have enough money to keep Spas, pets, and physical fitness franchises going strong
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- Leading Horses to Water- Part II- Drink the Water
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written on August 18, 2011
by Eric Kurjan
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Strategic Planning and Execution
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- Profit Sooner: Take this test to see if you have the recipe for a successful business.
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written on August 04, 2011
by Shelley Solomon Cull
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Strategic Planning and Execution
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Want to profit sooner rather than later? Having your own business takes guts.
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- What a Waste of Time!
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written on July 22, 2011
by Eric Kurjan
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Succession Planning
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Driving higher levels of performance and ultimately better results starts with solid plans. One area, if managed, that can directly impact the bottom line is reducing wasted employee time.
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- Leading Horses to Water
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written on June 06, 2011
by Eric Kurjan
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Strategic Planning and Execution
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Changing your behavior takes hard work and commitment, so what is the return on the investment for taking on the hard work of changing an organization?
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- Don’t Underestimate the Emotional Side of Exiting Your Business
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written on May 26, 2011
by Chris Cooper
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Succession Planning
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When talking to business owners and professional groups about ownership succession, I tend to spend more than a little time on what might be termed the “softer” side of exiting a business. This could include relationships with a spouse, children, and other family members; relationships with employees, customers, and the community at large; life after retirement; and yes even illness and personal mortality.
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- Success Strategies: Lessons Learned from Jim, Dan & Dr. Seuss
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written on May 13, 2011
by Shelley Solomon Cull
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Strategic Planning and Execution
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My dad taught me many lessons on strategies for success. One business growth tip was, “you don’t always have to re-invent the wheel”.
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- 6 Reasons Why Successful Companies Use Outside Business Advisers
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written on May 10, 2011
by Dennis Sommer
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Growth Strategies
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Have you ever wondered why successful companies use outside business advisers, consultants and coaches? Successfully building a profitable business, year after year, has been compared to balancing an egg on your head, while standing barefoot on sharp knives. It’s not easy to do and a wrong decision can be a disaster.
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- Why Change?
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written on May 02, 2011
by Eric Kurjan
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Succession Planning
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Changing your behavior takes hard work and commitment, so does improving your business performance.
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- Expert Advise Pays for Itself
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written on April 13, 2011
by Marlene Herman
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Owning a Franchise
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Your due diligence has found your future Franchise. It’s time to negotiate the deal and you are waiting for the Disclosure from the Franchiser.
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- Make the Right Choice
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written on April 13, 2011
by Marlene Herman
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Owning a Franchise
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Franchise Business Review lists 14 Franchise Categories. There are many choices available ranked by the Best Franchise by Category.
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- Franchise Facts & Stats
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written on April 12, 2011
by Marlene Herman
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Owning a Franchise
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Here are a few franchise facts & stats...
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- Prioritize 'til it Hurts, Plan Your Ideal Week to Profit Sooner
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written on April 11, 2011
by Shelley Solomon Cull
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Strategic Planning and Execution
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Could you work any harder? Small business owners often feel like they are working full time and getting part time results.
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- Benefits of an Equipment Appraisal When Selling a Business
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written on April 11, 2011
by Kipp Krukowski
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Buying and Selling a Business
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Having an equipment appraisal completed prior to selling your business is good planning and will likely result in a return on the investment.
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- It's Time to Tell the Truth: Trust Building Toward Relationships
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written on April 11, 2011
by Jeff Nischwitz
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Growth Strategies
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Trust ... that often cited, but often lacking ingredient for genuine relationships and organizational success. Nearly every organization I meet complains about a lack of accountability and execution, yet most are looking for the answers in the wrong place. Trust and relationships is at the heart of effective, accountable and executing organizations and teams. It’s critical that we understand the opportunities that we create when we tell people (including ourselves) the truth in order to grow, develop and execute.
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