Facing Your Fears As An Entrepreneur

Everyone I’ve got ever talked to that is an entrepreneur has needed to come face to face with their fears. I’ve needed to as well. I wish to share with you a number of the techniques that I even have used to face them. More »

Running a Business on Limited Resources

Once I first started my business, I went to the bank for a business loan. Simple enough, right? I had my marketing strategy in order, an itemized list of the whole lot that I would need to successfully run my business, and the whole necessary documents. To position it plainly, I was turned down. Why? Now not because I did not have the credit to back it up, or didn’t have a fine business plan. More »

 

The Advantages of Owning a Handyman Franchise

Many exciting reasons to participate in a handyman franchise business exist. One of the most sought after franchise concepts for a decade has been in the industry of home improvement. These franchise systems are planned specifically to take on common problems that need maintenance around the home.

The preceding facts can explain why the home improvement market is growing. If you’ve ever invested in a business or franchise in the past, you will find that a handyman franchise typically requires very little capital to get started. There is no cost of goods and on average a fixed location is not required to run the business. As the owner of a handyman business, your duties focus on the retailing of services. There are two distinctive parts you can play as the owner of a handyman franchise. Before you can own your handyman franchise, you must decide whether you will run the business and do all the repair work as well, or whether you will hire employees to do the repair work. Many handyman franchises are looking for a person with a business background and not a handyman background. In some franchise systems like Home Task Handyman Services, you do all of the repair work while the franchisor runs the business. In other systems, like Mr. Handyman Franchise, your business is dispatching experienced technicians into your customers’ homes. So, if your current life situation doesn’t allow the time it takes to be on the road doing home repairs, you can hire a repairman to do the work and still be part of the home maintenance industry. Because of your expertise and through ownership of the franchise, you will still call the shots.

If you plan to focus on only managing the business while your technicians perform all of the repair work, you will need to know how to direct and motivate your employees to provide the service; this is where highly focused franchise training and support prevails. A franchise’s training and support system is one of the strongest benefits of being a franchise owner and why so many entrepreneurs are tempted to buy a franchise in the first place. Brand-name recognition, built through years of establishing a reputation, also plays an important part in the overall success of the business. The training and support you receive from your franchisor is prepared to maximize the earning potential of your business. After the training period is over, and when you open the doors to your business, the system must be followed accordingly if your busi Note, that if you come into this business with the skills and professional knowledge of a handyman, then you will have an advantage and the foundation for the successful operation of your handyman franchise. Nonetheless, professional handyman or construction knowledge is not a requirement to own a handyman franchise. When you evaluate different franchise companies, it’s a matter of which one offers the most effective system. That will be a determining factor in the success of your business.

Many businessmen become interested in franchises becuase of their flexibility. For instance, you may chose to provide your handyman services from your home, so there are handyman franchising opportunities that offer that flexibility. There are several franchise systems in existence that have been adapted to run a successful handyman business from home. In that sense, handyman franchises offer more flexibility than other franchise systems such as fast food franchises.

It is always in good practice to let a franchising attorney read over your contract before singing off on anything. Purchasing a franchise business may be one of the biggest investments you will ever make, so it’s crucial that a specialized franchising attorney reads over your contract to make sure you are getting the best possible deal. Many people feel that the franchisors have the advantage on franchise negotiations. The franchisor has invested a significant amount of time and money to develop a system that is designed to earn all of its franchisees adequate financial returns, so you will not find much flexibility if you chose to negotiate a contract. Finally, remember that one of the most important sources of valuable information when considering a franchise company will be the existing frnachisees. So what’s the bottom line on starting a handyman franchise? There is definately a great financial potential in the handyman franchise industry. If you’re looking to escape from your daily grind of working for someone else and would like to start your own business, there is no doubt that a handyman franchise can turn your financial dreams into a reality.

Probe Before You Sell

When selling a product to a customer, it is very important to find out as much as you can about your customer and their needs before you proceed with your sale.

This is commonly referred to as needs based selling.

The most effective way to find out about your customers needs, is to ask probing, open-ended questions.

An open-ended question does not allow your customer to give you a yes or no answer, it makes them explain to you what their needs are, and why they would need a particular product.

Here is an example, if you were a sales associate at a furniture store, and a customer walked in looking for a dining room set, an open-ended question you might ask would be:

Tell me about the particular type of pattern you are looking for, or simply put, tell me more about what you are looking for

This puts your customer in a situation where they cannot say yes or no, they must go into detail.

On a personal note . . .

Not to long ago, my wife and I were in a department store looking for a coat for me.

I spotted one that I like hanging on a discount rack. It was brown, with a removable liner, and a zipper that ran the length of the collar, to protect your neck.

I liked it so much, I took it from the rack and tried it on.

As I stood admiring myself in the mirror, a sales associate came over and complimented me on my appearance in this jacket.

I smiled politely and thanked her. She than proceeded to tell me that the best part about the jacket was that it smelled like real leather.

Taking her word for it, I put my nose to the sleeve, took a whiff, and sure enough, it smelled like real leather.

The only problem was . . .

I dont like the smell of leather.

Needless to say, I put the coat back on the rack, and the friendly sales person lost the sale and the commission.

The mistake the sales person made was assuming that I liked the smell of leather. It was a safe assumption on the part of the sales person, because most people like the smell of leather. This doesnt mean it should be taken for granted.

The point I am trying to make, is that it is essential that you ask probing and open-ended questions, find out as much as you possibly can about your customer before you present them with a product. Youll end up with a lot more sales. Believe me!

Tips for Getting Started With Online Data Entry Jobs

Most of us like to start business and work from home without even having knowledge of what is required to start a home based job. Some of the tips discussed in this article will help bring forth certain factors to be considered before starting a home based work.

The first thing to be considered before starting a business is to actually setting up a business. The person should have got the employer identification number or social security number on the first place. It is the first step towards starting a legal business venture as all the businesses have to pay taxes.

The next is to keep record of all the income earned and expenses made. This report also needs to be submitted at the end of every financial year. It is wise to keep all the receipts and proof of expenses made, as any business venture needs to be audited.

The next important thing is to run the business venture professionally and if not it may be the reason for losses. Getting a professional email account is very important to stay in the business for long. Even though the person works from home, it is good to have a dedicated phone line for the business as no professional would like to get an answer from a kid or servant of the house. Also back ups are needed to avoid unforeseen circumstances like a hard drive crash or virus attack etc. The information the person deals with may be very important and if any of them is lost it can cause huge damage to himself and the client. Being well prepared before starting a business is a proactive way of dealing things.

Tips for sourcing the best data entry job from home program:

It is better not to go for free data entry job programs as nothing is given free of cost in this world. Such free programs at the end may cost more due to hidden and undisclosed costs. It is good to select a program with lower application fees since they cover training support needed and help in setting up of the accounts etc. in a proper way. Such kinds of programs are worth the money paid towards application fees.

To get good kind of work and that in good volume, it is good to update databases with the companies who are in need of data entry workers who work from home. Constantly updating the databases will fetch more and more jobs.

It is advised not to concentrate on incentive based work options as many of the jobs pay incentives but less remuneration only. If the person is aiming to earn more it is good to get data entry jobs which pay high remuneration.

Data entry jobs require hard work as, it is not an easy job and also it is not for people who like to make money doing nothing. If a person has good typing skills, and willingness to work data entry jobs, it can be really promising. Also it is good to get work from reputed data entry job sites which can be known through people who are already into it, or from friends and relatives. There are lot of forums were all the questions are answered.

How to select a Lead Vender

There is no shortage of Lead Venders on the Internet. And of course it goes without saying that they all offer the best leads.

Here are the critical factors that you must consider when purchasing leads
from anyone.

Can you reach the lead vender on the phone ?
Many online businesses do not have the staff to answer the phones.
Many are not even very good at answering emails in a timely manner or at all.

You have questions and you deserve answers at a minimum by email but you should be able to call also.

Are the prices of leads reasonable?

Leads come in a vast variety from simple opt-in emails to Real Time Phone Verified Leads.The basic difference is how much filtering has been done before you receive the lead. The more work we do the more you pay.

You should always compare pricing of equivalent leads. Make sure you are comparing apples to apples. If you don’t understand what you are about to purchase then call or send an email for clarification.

How do you evaluate the leads after you have purchased them?

Every lead vender can have a “bad” batch of leads from time to time. The rule of thumb is to purchase at least 3 batches of leads before making a decision about the quality. It is always easiest to blame the leads for lack of success but to be fair you should make sure to include your performance in the final evaluation.

Some items to consider when evaluating leads:
Did you reach all of the leads?
Was the person listed as a lead at the phone number given?
Were they receptive to your call?

If the person did not sign up in your opportunity the that does not make them a bad lead. There are lot’s of choices when it comes to a home based business.

Is there a Lead Replacement Policy?

No lead Vender will offer a universal replacement policy. But with that said they should offer replacements of certain leads. You should expect the following for reasonable replacement:

Phone Verified Leads should have a good phone number.
Phone Verified Leads should have the correct person at the phone number listed.
When you reach a custom generated lead they should know what you are calling about.
Opt-in Email leads should have no more than a 30% bounce rate.
Surveyed Leads should have no more than 25% bad phone numbers.

Most Lead Venders only offer leads and no other services. You may want to consider a Lead Vender that offers an entire eMarketing program. After all if they are involved with generating leads then they should have an extensive knowledge of Internet Marketing and be willing to offer those services.