When things are going gangbusters, we don't take time to talk. At least not about the stuff that's a ways off--like retirement. Instead we just keep going full-throttle, trying to get to everything done.An economic downturn often shortens the "to do" list. Projects at work and at home get postponed. We don't go out for fun as much to economize. We cut back on business travel. We do "stacations" instead of heading for a resort 2000 miles...more
Estate agency franchises are one of the more profitable and popular franchise choices amongst prospective franchisees/franchise seekers. Despite the recession and credit crunch looming over us and house sales dropping, there is still a huge need for housing services as there are millions of houses across the UK, funnily enough they have not vanished and these services are still in high demand. With rentals on the increase as less people are...more
One benefit of running a franchise is that once you have proved to yourself that the system works and that the support is good, it is relatively low-risk to scale up, by acquiring other franchises and applying the same business principles that forged your earlier success.Gary Everett is a case in point. Having run the Martin & Co franchise in Colchester for five years, the opportunity to acquire the neighbouring Ipswich franchise arose. Initially Gary had been looking to acquire competitor portfolios, but when he heard that the franchise itself was available he jumped at the opportunity without question. With it came the prized portfolio of 50 managed properties, and a good office location."The Ipswich acquisition is a classic economy of scale for my business," said Gary. We have a thriving letting business in Colchester employing 10 support staff who have absorbed the accounts and management functions of the Ipswich operation into their office. The system is robust enough to input any number of cases, so the Ipswich office itself is effectively a low-cost satellite branch. Employing just two people at the branch makes it a very low cost yet well-exposed operation offering great...more
The purchase of a courier franchise business is different from the purchase of an independent business. As a franchisee you will be party to a long-term relationship with your courier franchisor and you will agree to run the business in accordance with the franchisor's system.Buying courier franchises has the advantages of offering many benefits,...more
The plight of those who are unemployed can be well imagined by simply checking their financial condition. With no income to sustain the basic needs, unemployed people have to face a lot of problems. Moreover, lenders are not in any position to approve financial assistance, since there is a lot of risk involved. However, considering the financial...more
Even though it's an "employer's market" with millions of capable people looking for work due to the recession, many employers are making these five costly employee retention mistakes.Mistake #1: Assuming employees "won't dare leave now due to the recession."Many organizations have discontinued their employee retention programs, figuring they aren't needed because their employees would be crazy to leave now.While it's true that most of your good employees won't leave now, some employers lose some of their most valuable employees during economic downturns and recessions.Why?Having already undergone several waves of layoffs, many organizations now operate as lean as possible, continuing to employ only their critical skills and best-performing employees.If even one of those key or high-performing employees leaves, the impact can be significant.Every time there's more bad economic news, reduced customer orders, or another layoff, many employees ask themselves, "I wonder if I'll be next?"If another employer, possibly one of your competitors, can offer them a job with more security, don't you think some employees will at least consider it?Or, if their families are complaining about...more
Author: Gil TomsonOnline Loans for Unemployed can solve all the worries of an unemployed person. Only an unemployed person can understand the pain of being unemployed. An unemployed person has to suffer from a lot financial crunch with no hope of...more
Wholesaling is a simple concept that has been around since the days of Adam and Eve. One person has something to sell and another wants to buy. A wholesaler puts these deals together. You will get paid to be the middle man.Let's look at it in simpler...more
The best defense against debt and finding yourself falling deeper and deeper in your finances is saving money. Saving money is by far the best tool you have at your disposal to achieve financial freedom in your life. Sadly, in the past 50 years the...more
Cleaning franchises are a popular choice amongst UK Franchise seekers - however with so many available it can be hard to know which one is the right opportunity for you. When considering a franchise you need to be short listing several for evaluation...more
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Technology companies leveraging outsourced product development to reduce product development costs are leveraging outsourced R&D to generate additional revenues with higher innovation yields at faster time-to-marketOutsourcing Product Development...more