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	<title>Work at Home Reviews &#187; Startup Costs</title>
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		<title>Startup Costs Coffee Shop</title>
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		<pubDate>Sat, 06 Mar 2010 07:05:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Startup Costs]]></category>
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		<category><![CDATA[productivity]]></category>
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Start-Up Company &#8211; Memory Box Backup (SA)


  


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]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Costs Coffee Shop</strong></p>
<p><b>Start-Up Company &#8211; Memory Box Backup (SA)</b><br />
<center><br />
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<p>

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		<title>Startup Costs Accounting</title>
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		<pubDate>Thu, 28 Jan 2010 03:35:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Startup Costs]]></category>
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Chrysler Corporation Announces Bankruptcy filing..Bill Palte&#8230;http://www.MLMintegrityMarketing.com


  


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]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Costs Accounting</strong><br />
<img style="margin-right:20px" src="http://www.workathomereviews.org/wp-content/uploads/Startup Costs Accounting_3.jpg" alt="Startup Costs Accounting" title="Startup Costs Accounting" border="0" align="left" /></p>
<p><b>Chrysler Corporation Announces Bankruptcy filing..Bill Palte&#8230;http://www.MLMintegrityMarketing.com</b><br />
<center><br />
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		<title>Startup Costs Restaurant</title>
		<link>http://www.workathomereviews.org/startup-costs/startup-costs-restaurant</link>
		<comments>http://www.workathomereviews.org/startup-costs/startup-costs-restaurant#comments</comments>
		<pubDate>Sun, 22 Nov 2009 14:47:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Startup Costs]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[startup]]></category>
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		<description><![CDATA[Startup Costs Restaurant


Question: Business Feasibility Required?

If i like to set up a business that is aimed to provide following services to Schools,Restaurants,Hotels and Hospitals.
1. Software
2. Stationery
3. Computers
 Tell me what would i need to startup with?
 What do i exactly need?
 How much it will cost me?
 What manpower would i need?
 And what is [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Costs Restaurant</strong><br />
<img style="margin-right:20px" src="http://www.workathomereviews.org/wp-content/uploads/Startup Costs Restaurant.jpg" alt="Startup Costs Restaurant" title="Startup Costs Restaurant" border="0" align="left" /></p>
<blockquote><p>
<b>Question: Business Feasibility Required?</b><br />
<i>
<p>If i like to set up a business that is aimed to provide following services to Schools,Restaurants,Hotels and Hospitals.<br />
1. Software<br />
2. Stationery<br />
3. Computers<br />
 Tell me what would i need to startup with?<br />
 What do i exactly need?<br />
 How much it will cost me?<br />
 What manpower would i need?<br />
 And what is the future of such a business in the long run?What     further services/products i can provide and how can i improve further.
</p>
<p></i><br />
<script type="text/javascript"><!--
google_ad_client = "pub-9921388331112827";
google_ad_slot = "5262493457";
google_ad_width = 468;
google_ad_height = 60;
//-->
</script><br />
<script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
</script></p>
<p><b>Answer:</b> 1) First point out the source of supply<br />
2) List out potential customers<br />
3) Start it with low budget and manpower and more of brain power<br />
4) Advertise<br />
5) WORK HARD and provide Honest service for the Long Run</p>
</blockquote>
<p>
<b>How to open a Restaurant &#8211; Interview with a owner</b><br />
<center><br />
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		<title>Startup Costs Balance Sheet</title>
		<link>http://www.workathomereviews.org/startup-costs/startup-costs-balance-sheet</link>
		<comments>http://www.workathomereviews.org/startup-costs/startup-costs-balance-sheet#comments</comments>
		<pubDate>Thu, 19 Nov 2009 18:52:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Startup Costs]]></category>
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		<description><![CDATA[Startup Costs Balance Sheet
Purchasing a sample or template for your day spa business plan can be extremely valuable, but only if there is a well-done and customizable financial model spreadsheet that comes with it. To know if the financial model you&#8217;re working with makes the cut, look for the following elements. 
Multiple Revenue Streams
As the [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Costs Balance Sheet</strong></p>
<p>Purchasing a sample or template for your day spa business plan can be extremely valuable, but only if there is a well-done and customizable financial model spreadsheet that comes with it. To know if the financial model you&rsquo;re working with makes the cut, look for the following elements. </p>
<p>Multiple Revenue Streams</p>
<p>As the years go by, you may expect to move customer from one service to another (for example, increasingly sell massages, while at first customers only purchased facial treatments). To do this, the financial model must let you play with multiple revenue streams by letting you choose as many as possible and alter the sales mix between them over time. </p>
<p>Automated Financial Statements</p>
<p>The financial statements themselves require some accounting knowledge to put together, and the model should not require you to create them from scratch or even have to adjust them much at all. A well-made financial model will let you make adjustments on worksheets about your assumptions of costs, revenues, and debt and equity you will raise, and then populate the income statement, balance sheet, and cash flow statement automatically. For a model to be robust it must allow for a change made in one place to automatically effect all the other sheets and statements.</p>
<p>Startup Costs</p>
<p>The model should give you the opportunity to lay out the startup costs you have identified, such as for your furniture, booths, sinks, supplies, inventory, and improvements to the location itself (leasehold improvements). The model should know which costs are depreciated over time and which must be expensed at the time they are incurred, so that you don&rsquo;t have to learn this on your own or set up your own depreciation schedule. </p>
<p>Debt or Equity<br /> Finally, the model should let you choose whether you will fund your day spa through debt (loans) or equity (stockholder investment). It should allow you to choose interest rates, a repayment schedule, and use a combination of both debt and equity if you choose. This should serve the purposes of most day spa entrepreneurs without complicated customization.</p>
<p><strong>About the Author:</strong><br />
</p>
<p>Are you looking for more tips on <a href="http://www.growthink.com/businessplan/help-center/how-to-start-a-spa">starting a spa</a> or advice on developing <a href="http://www.growthink.com/businessplan/help-center/spa-business-plan">spa business plans</a>? Call 877-BIZ-PLAN to learn how Growthink can help you build your spa business.
</p>
<p>Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> &#8211; <a href="http://www.articlesbase.com/business-articles/day-spa-business-plan-sample-financial-model-needs-1448562.html" title="Day Spa Business Plan Sample: Financial Model Needs">Day Spa Business Plan Sample: Financial Model Needs</a></p>
<p><b>How to edit a business plan in Microsoft Excel</b><br />
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		<title>Startup Costs Definition</title>
		<link>http://www.workathomereviews.org/startup-costs/startup-costs-definition</link>
		<comments>http://www.workathomereviews.org/startup-costs/startup-costs-definition#comments</comments>
		<pubDate>Tue, 25 Aug 2009 02:48:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Startup Costs]]></category>
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		<description><![CDATA[Startup Costs Definition



Foxsense Focus:


Specila dvd player with built-in gps for  NISSAN Paladin 

7 inch 16:9 fixed TFT LCD panel 

Built-in DVB-T function is optional
All keys supply red and green LED, match your original car perfectly

Double SD card slot in the front panel /USB port in the front panel

music or radio while in GPS Navigation [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Costs Definition</strong><br />
<img style="margin-right:20px" src="http://www.workathomereviews.org/wp-content/uploads/Startup Costs Definition.jpg" alt="Startup Costs Definition" title="Startup Costs Definition" border="0" align="left" /></p>
<h3></h3>
<h3></h3>
<h3>Foxsense Focus:</h3>
<ul>
<li>
<strong>Specila dvd player with built-in gps for </strong><strong><strong><strong> NISSAN Paladin <br /></strong></strong></strong>
</li>
<li>7 inch 16:9 fixed TFT LCD panel </li>
<li>
<strong>Built-in DVB-T</strong> function is optional</li>
<li><strong>All keys supply red and green LED, match your original car perfectly</strong></li>
<li>
<strong>Double SD</strong> card slot in the front panel /<strong>USB port in the front panel</strong>
</li>
<li><strong>music or radio while in GPS Navigation mode</strong></li>
<li>You can change the Startup Picture by yourself</li>
<li>Built in Bluetooth for hand free call</li>
<li>Electronic &amp; mechanical anti-shock system</li>
<li>Switch steeling Wheel Control ports</li>
<li>
<strong>CE&amp;FCC, FDA approval </strong>&amp; <strong>One year warranty</strong>
</li>
</ul>
<h3>Key Features:</h3>
<ul>
<li>Built in TV tuner, PAL/NTSC/SECAM compatible.</li>
<li>Built in FM/AM tuner, preset 24 stations.</li>
<li>Built in GPS system or external GPS(optional).</li>
<li>Built in 4&times;45W amplifier </li>
<li>Built in Bluetooth</li>
<li>
<strong>iPod control</strong> function is optional</li>
<li><strong>Steering wheel control</strong></li>
<li>Auto rear viewing function </li>
<li>GPS Navigation handwriting function</li>
<li>Built in Bluetooth for hands free call( the current mode will switch automatically to Bluetooth</li>
</ul>
<p>For more information&nbsp; ,please visit :<a target="_blank" href="http://www.chinacargps.com/nissan-paladin-gps62-inch-high-definition-touchscreenbuilt-in-bluetoothsteering-wheel-controlipod-optional-p-535.html">http://www.chinacargps.com/nissan-paladin-gps62-inch-high-definition-touchscreenbuilt-in-bluetoothsteering-wheel-controlipod-optional-p-535.html</a></p>
<ul>
<li>
<li>
</ul>
<p><strong>ATSC Antenna:</strong><br />
 If you are from America or Canada, ATSC antenna may suit you perfectly. Browse our<br />
<strong>External DVB-T&amp;ATSC</strong><br />
 directory to explore more about that.<br />
<strong>TV Antenna: </strong><br />
Unnecessary for you to buy a digital one? How about simply erecting a TV antenna on the back of your car, costing only<br />
<strong>8USD</strong><br />
 on specials? However, if you&rsquo;ve already chosen<br />
<strong>DVB-T or ATSC</strong><br />
, there is absolutely no need for you to install one for your car. Browse our<br />
<strong> Car TV Antenna with wholesale price</strong><br />
, you may find what you need. </p>
<p><strong>iPod control: </strong><br />
Got your own iPod and wanna enjoy music in your iPod while driving alone? This iPod control is just what you need. We suggest that you get an iPod holder so that you could control your iPod much easier without being distracted while driving. </p>
<p><strong>Back Video:</strong><strong> </strong>This function allows you to know the back circumstance while rolling back PROVIDING you&rsquo;ve installed a <strong>Backup Camera</strong>. In this case, you don&rsquo;t have to pear through the mirror and run the risk of hitting around. A backup camera is available at <strong>$29.99</strong> on our site if bought individually. However, you could save up <strong>ONE DOLLAR</strong> on that at <strong>$28.99</strong> if you buy the backup camera together with a certain GPS system on our site. All you have to do is click on the accessories option card on your GPS page and add that to your cart too. Or you could simply place the two items on one order and inform us, we would do the minus thing for you.</p>
<ul></ul>
<p><strong>About the Author:</strong><br />
</p>
<p>Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> &#8211; <a href="http://www.articlesbase.com/cars-articles/nissan-paladin-gps62-inch-high-definition-touchscreenbuilt-in-bluetoothsteering-wheel-controlipod-optional-1143479.html" title="NISSAN Paladin GPS/6.2 inch high definition touchscreen/built in bluetooth/steering wheel control/ipod optional">NISSAN Paladin GPS/6.2 inch high definition touchscreen/built in bluetooth/steering wheel control/ipod optional</a></p>
<p><b>Learn How to Start A Low Cost Franchise, Business cost start up,Franchise Cost and Risk Free Franchises!</b><br />
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		<title>Home-Based Business For Dummies</title>
		<link>http://www.workathomereviews.org/general-work-at-home/home-based-business-for-dummies</link>
		<comments>http://www.workathomereviews.org/general-work-at-home/home-based-business-for-dummies#comments</comments>
		<pubDate>Mon, 17 Aug 2009 20:57:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Plans]]></category>
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		<guid isPermaLink="false">http://www.workathomereviews.org/?p=443</guid>
		<description><![CDATA[We have discussed a few different home based business opportunities that will enable you to work at home, spend time with your family and working full time or part time. I have also recommended a few resources that are great for marketing your business. Now, I would like to emphasize the basics of working on a home based business.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/Home-Based-Business-Dummies-Personal-Finance/dp/0764577638/ref=sr_1_3/183-6440663-9431464?ie=UTF8&amp;s=books&amp;qid=1248798951&amp;sr=1-3?ie=UTF8&amp;tag=investingtaxf-20" target="blank"><img style="float: left; width: 150px; height: 150px; margin-right: 10px;" src="http://ecx.images-amazon.com/images/I/51NCBDW6R6L._BO2,204,203,200_PIsitb-sticker-arrow-click,TopRight,35,-76_AA240_SH20_OU01_.jpg" alt="Home-Based Business For Dummies (For Dummies (Business &amp; Personal Finance))" /></a></p>
<div class="content">
<p>We have discussed a few different home based business opportunities that will enable you to work at home, spend time with your family and working full time or part time. I have also recommended a few resources that are great for marketing your business. Now, I would like to emphasize the basics of working on a home based business. I like the Dummies series of book because they are really easy to read and they are pretty informative. I cannot believe that I have not mentioned this book called Home-Based Business For Dummies.</p>
<p>&#8220;&#8230;full of encouragement and information to help you through all the stages of setting up your own home-based business.&#8221;</p>
<p><strong>Description</strong></p>
<p>Thanks to the Internet, home-based businesses are booming. With a home computer and a good idea, you can market and sell almost anything in the world just from home. Whether you’re selling homemade jams or working as a business consultant, today’s entrepreneur doesn’t even have to leave home.</p>
<p><em>Home-Based Business For Dummies</em>, 2<sup>nd</sup> Edition will help you make your endeavor profitable and successful! Ideal for future entrepreneurs who have the urge and want the know-how, this updated guide includes new information on home business scams and how to avoid them, shows how to create an efficient, comfortable (but not too comfortable) work environment, explains how to put new technologies to work for you, and much more. There’s even a 10-question quiz to help you determine if you’re ready. You’ll learn all the basics, including:</p>
<ul type="disc">
<li>Selecting the right kind of business for you</li>
<li>Setting up a home office</li>
<li>Managing money, credit, and financing</li>
<li>Marketing almost anything in the world</li>
<li>Avoiding distractions at home</li>
</ul>
<p><em>Home-Based Business For Dummies</em>, 2<sup>nd</sup> Edition was written by Paul and Sarah Edwards, award-winning authors who write a monthly column for <em>Entrepreneur</em> magazine, and Peter Economy, an author or coauthor For Dummies books on managing, consulting, and personal finance. In straightforward English, they show you how to:</p>
<ul type="disc">
<li>Stay connected to the business community, even when working from home</li>
<li>Keep your work separate from your personal life</li>
<li>Handle benefits, health insurance, and your retirement planning</li>
<li>Make sure your bookkeeping is accurate and legal</li>
<li>Use the Internet to bid for work, list your services in directories, network, and more</li>
<li>Choose the technology and other resources you need</li>
<li>Develop your own marketing and advertising strategies</li>
<li>Navigate IRS rules for home-based businesses</li>
</ul>
<p><em>Home-Based Business For Dummies</em> is packed with ideas and information that will help you get started right and help established, successful home-based business owners stay ahead of the pack. Use it well and this handy guide will be the most important reference in your home office.</div>
<p><a title="More at Amazon" href="http://www.amazon.com/Home-Based-Business-Dummies-Personal-Finance/dp/0764577638/ref=sr_1_3/183-6440663-9431464?ie=UTF8&amp;s=books&amp;qid=1248798951&amp;sr=1-3?ie=UTF8&amp;tag=investingtaxf-20" target="blank"><strong>Buy Home-Based Business For Dummies</strong></a></p>

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		<title>Financing Your Small Business</title>
		<link>http://www.workathomereviews.org/small-business-loans/financing-your-small-business</link>
		<comments>http://www.workathomereviews.org/small-business-loans/financing-your-small-business#comments</comments>
		<pubDate>Fri, 24 Jul 2009 01:26:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Small Business Loans]]></category>
		<category><![CDATA[Startup Costs]]></category>
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		<guid isPermaLink="false">http://www.workathomereviews.org/?p=323</guid>
		<description><![CDATA[Are you starting a business? Are you working at home? You may need some money to start your business. Some businesses need more money than others and those that need a lot of startup capital find themselves applying for small business loans such as with the Small Business Administration (SBA) but if you work at home, you might be able to keep your cost low enough to not have to get a small business loan. There are plenty other financing options for your business. This book called Financing Your Small Business will give you many valuable ideas and guidance of how you can go about finding some money to start your business so that you can work at home and earn a decent living.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/Financing-Your-Small-Business-Partnership/dp/1572485531/ref=sr_1_10/186-6503215-9920201?ie=UTF8&amp;s=books&amp;qid=1246850799&amp;sr=1-10?ie=UTF8&amp;tag=investingtaxf-20" target="blank"><img style="float: left; width: 150px; height: 150px; margin-right: 10px;" src="http://ecx.images-amazon.com/images/I/51AP6NNQY9L._SL500_AA240_.jpg" alt="Financing Your Small Business: From SBA Loans and Credit Cards to Common Stock and Partnership Interests" /></a></p>
<div class="content">
<p>When starting a business, you usually will need some money. If you work at home, then you might be able to keep your startup cost down. Also, some types of businesses require more upfront money than others. Depending on your strategies and the business you are starting, you may need to consider several financing options. This book called Financing Your Small Business: From SBA Loans and Credit Cards to Common Stock and Partnership Interests will give you ideas of many different ways that you can finance your business. Getting help from the Small Business Administration (SBA) is one popular way but not everyone will qualify for SBA&#8217;s help so it is good to know other financing options too. While many people look for business loans to start their businesses, you do not have to under many circumstances.</p>
<p>Secure your business&#8217;s future using the right SBA loan, bank loan or equity financing for you. When it comes to your chances of receiving financing and doing it right, Financing Your Small Business provides you with all the answers you need. It helps you find ways to combine various types of financing and shows you how to get the money you need. Learn:</p>
<ul>
<li>How to get a bank loan</li>
<li>How to make a better presentation How to get attention with your business plan</li>
<li>How to choose professionals</li>
<li>How to value your business</li>
<li>How to determine your investors&#8217; status</li>
<li>How to avoid securities law problems</li>
<li>How to find investors</li>
</ul>
<p>From SBA loans to venture capital sources, Financing Your Small Business shows you all the ways to get the money you need.</p>
<p>Raising Money Just Got Easier.</p>
<p><strong>About the Author</strong></p>
<p>James E. Burk has been helping emerging companies in their initial stages of organization and growth for over thirty years. Mr. Burk is a graduate of the University of Texas at Austin Law School, and is a member of the bars of the District of Columbia and Texas.</p>
<p>Richard P. Lehmann assists clients with a variety of business matters, including corporate issues and securities law. Mr. Lehmann is admitted to practice in the District of Columbia, Virginia and Minnesota.</p></div>
<p><a title="More at Amazon" href="http://www.amazon.com/Financing-Your-Small-Business-Partnership/dp/1572485531/ref=sr_1_10/186-6503215-9920201?ie=UTF8&amp;s=books&amp;qid=1246850799&amp;sr=1-10?ie=UTF8&amp;tag=investingtaxf-20" target="blank"><strong>Buy Financing Your Small Business: From SBA Loans and Credit Cards to Common Stock and Partnership Interests</strong></a></p>

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		<title>Startup Costs Of A Restaurant</title>
		<link>http://www.workathomereviews.org/startup-costs/startup-costs-of-a-restaurant</link>
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		<pubDate>Mon, 22 Jun 2009 11:58:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Startup Costs]]></category>
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		<description><![CDATA[Startup Costs Of A Restaurant

Question: What are average dine-in/carry out restaurant startup costs?

What are the average startup up costs for a small dine in carry out restaurants? A place that seats about 12-20 people and is based mostly for carry out. Like those Chinese food take out places.






Answer: $35,000 to $70,000


Small Business Tips : How [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Costs Of A Restaurant</strong></p>
<blockquote><p>
<b>Question: What are average dine-in/carry out restaurant startup costs?</b><br />
<i>
<p>What are the average startup up costs for a small dine in carry out restaurants? A place that seats about 12-20 people and is based mostly for carry out. Like those Chinese food take out places.
</p>
<p></i><br />
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<p><b>Answer:</b> $35,000 to $70,000</p>
</blockquote>
<p>
<b>Small Business Tips : How to Start Up a Small Restaurant</b><br />
<center><br />
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<p>

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		<title>Where Can I Get Money for a New Business</title>
		<link>http://www.workathomereviews.org/work-at-home-questions/where-can-i-get-money-for-a-new-business</link>
		<comments>http://www.workathomereviews.org/work-at-home-questions/where-can-i-get-money-for-a-new-business#comments</comments>
		<pubDate>Sat, 20 Jun 2009 15:20:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Small Business Loans]]></category>
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		<description><![CDATA[A new business usually needs some startup capital. But, it is hard to prove to anyone that your business is going to be successful if you do not have a track record to show. Many people feel like it is easy to start working from home without a business plan but then they run into [...]]]></description>
			<content:encoded><![CDATA[<p>A new business usually needs some startup capital. But, it is hard to prove to anyone that your business is going to be successful if you do not have a track record to show. Many people feel like it is easy to start working from home without a business plan but then they run into the problem of what to do when they need money for the business. All you have in the beginning stage of your business are your credentials and  your business plan. So, where can you get some more money to start your new business?</p>
<div id="attachment_243" class="wp-caption alignright" style="width: 176px"><img class="size-full wp-image-243" title="where-can-i-get-money-for-a-new-business" src="http://www.workathomereviews.org/wp-content/uploads/2009/06/where-can-i-get-money-for-a-new-business.jpg" alt="Where can I get money for a new business" width="166" height="162" /><p class="wp-caption-text">(Where can I get money for a new business)</p></div>
<p><strong>Where to Find the Money You Need</strong></p>
<p>There are several sources to consider when looking for financing for your work at home business or small business. It is important to explore all of your options before making a decision.</p>
<p><strong>Personal savings:</strong></p>
<p>The primary source of capital for most new, work at home businesses comes from savings and other forms of personal resources. While credit cards are often used to finance business needs, there may be better options available, even for very small loans.</p>
<p><strong>Friends and relatives:</strong></p>
<p>Many entrepreneurs look to private sources such as friends and family when starting out in a business venture. Often, money is loaned interest free or at a low interest rate, which can be beneficial when getting started.</p>
<p><strong>Banks and credit unions:</strong></p>
<p>The most common source of funding, banks and credit unions, will provide a loan if you can show that your business proposal is sound.</p>
<p><strong>Venture capital firms:</strong></p>
<p>These firms help expanding companies grow in exchange for equity or partial ownership</p>

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		<title>Startup Costs For Pizza Hut</title>
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		<pubDate>Mon, 15 Jun 2009 19:33:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Startup Costs For Pizza Hut
Franchisee = Entrepreneur?
An entrepreneur is not just someone that has turned a new idea into a business.&#160; An entrepreneur can also refer to a franchisee, &#8220;an individual who purchases the rights to use a company&#8217;s trademarked name and business model to do business&#8221; (http://franchises.about.com/od/franchiseglossary/g/franchisee.htm). Although a franchise may require quite a [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Costs For Pizza Hut</strong></p>
<p><strong>Franchisee = Entrepreneur?</strong></p>
<p>An entrepreneur is not just someone that has turned a new idea into a business.&nbsp; An entrepreneur can also refer to a franchisee, &ldquo;an individual who purchases the rights to use a company&rsquo;s trademarked name and business model to do business&rdquo; (<a href="http://franchises.about.com/od/franchiseglossary/g/franchisee.htm"></a><a target="_blank" href="http://franchises.about.com/od/franchiseglossary/g/franchisee.htm">http://franchises.about.com/od/franchiseglossary/g/franchisee.htm</a>). Although a franchise may require quite a bit more capital than starting a business from scratch, the rate of return is generally higher and occurs much quicker.</p>
<p><strong>There are several reasons to buy a franchise:</strong></p>
<ol>
<li>1 out of every 12 retail stores is a franchise. </li>
<li>The cumbersome process of creating a business plan, marketing plan, and financial plan has already been done by experts in the industry. </li>
<li>The purchase is all inclusive; the infrastructure, the customers, suppliers, employees, equipment, and systems as well. </li>
<li>May receive good insight and advice from previous owners. </li>
<li>Lenders are more likely to finance a business with a proven track record. </li>
<li>Profitability is not in question as it would be in a startup. </li>
</ol>
<p><strong>There are drawbacks to becoming a franchisee as well:</strong></p>
<ol>
<li>Extremely high start-up costs. </li>
<li>Most franchisees must make royalty payments to the franchisor each month based on a percentage of sales. </li>
<li>Many franchisees are obligated to make regular contributions to the franchisor&rsquo;s advertising fund. </li>
<li>Most franchisors impose price, appearance, and design standards, limiting control over how the franchise is operated. </li>
<li>The franchisor has the right to terminate your agreement if the franchises standard operating procedure is violated in any way. </li>
</ol>
<p><strong>Cost</strong></p>
<p>The two costs that are the most surprising to the prospective franchisee are the Franchise Fee and the Royalty Payment.&nbsp; The Franchise Fee is the one time and often non-refundable start-up fee.&nbsp; This will most likely be the highest of any fee you will pay and can range from $500.00 to well over $1million.&nbsp; The second major cost, the Royalty Payment, is a recurring fee that is a percentage of your gross monthly sales. Most of the larger well known franchises have monthly minimums for this fee that can impair profitability during slow seasons.&nbsp;</p>
<p><strong>How do you select the type of franchise to buy?</strong></p>
<ol>
<li>Know your financial capability.&nbsp; Know the franchises capital requirement. </li>
<li>What do you like to do?&nbsp; Match the franchise category with what you love. </li>
<li>Speak to a franchise representative.&nbsp; They are the first point of contact for all inquiries and can answer any question a potential franchisee will have.</li>
</ol>
<p>Once you have all questions answered and have narrowed down the franchise(s) you are interested in, you will complete a formal franchise application including a credit and background check.&nbsp; Once you are cleared to move forward, by law the franchisor is required to send you a Franchise Disclosure Document (FDD).&nbsp; The&nbsp;FDD will include information on the franchise that will assist in your decision making process such as: history of franchise and its key management, financial statements, litigation, franchise openings/closings/terminations, franchisee contacts, franchise agreement, requirements, and more. Source: <a href="http://www.franchise.com/"></a><a href="http://www.franchise.com" target="_blank">www.franchise.com</a>&nbsp;</p>
<p><strong>Here are some well known franchises available for purchase that have made Entrepreneurs Top 10 list for 2009:</strong></p>
<p>America&#8217;s top franchises from Entrepreneur&#8217;s Franchise 500</p>
<p>1. Subway<br />2. McDonald&#8217;s<br />3. Liberty Tax Service</p>
<p>4. Sonic Drive In Restaurants<br />5. InterContinental Hotels Group<br />6. Ace Hardware Corp.<br />7. Pizza Hut<br />8. UPS Store, The/Mail Boxes Etc.<br />9. Circle K<br />10. Papa John&#8217;s Int&#8217;l. Inc.</p>
<p>Top franchise opportunities you can run from home</p>
<p>1. Jani-King<br />2. Jan-Pro Franchising Int&#8217;l. Inc.<br />3. Servpro<br />4. ServiceMaster Clean<br />5. Snap-on Tools<br />6. Stratus Building Solutions<br />7. Matco Tools<br />8. Jazzercise Inc.<br />9. Vanguard Cleaning Systems<br />10. Bonus Building Care</p>
<p>&nbsp;Top franchises you can start for less than $50,000</p>
<p>1. Instant Tax Service<br />2. Jani-King<br />3. Jan-Pro Franchising Int&#8217;l. Inc.<br />4. Kumon Math &amp; Reading Centers<br />5. ServiceMaster Clean<br />6. Merle Norman Cosmetics<br />7. Stratus Building Solutions<br />8. Jazzercise Inc.<br />9. Vanguard Cleaning Systems<br />10. RE/MAX Int&#8217;l. Inc.</p>
<p>Fastest-growing franchises from the Franchise 500</p>
<p>1. Jan-Pro Franchising Int&#8217;l. Inc.<br />2. Subway<br />3. Instant Tax Service<br />4. Stratus Building Solutions<br />5. Snap Fitness Inc.<br />6. Dunkin&#8217; Donuts<br />7. Jazzercise Inc.<br />8. Bonus Building Care<br />9. Anytime Fitness<br />10. Vanguard Cleaning Systems</p>
<p><strong>If you are concerned about the franchise fee, royalty fee and initial investment, here are a few examples of some well-known franchises:</strong></p>
<p>&nbsp;<u>Subway</u><u>:</u></p>
<p>Total investment: $78.6K-238.3K</p>
<p>Franchise fee: $15K</p>
<p>Ongoing royalty fee: 8%</p>
<p><u>McDonalds:</u></p>
<p>Total investment: $950.2K-1.8M</p>
<p>Franchise fee: $45K</p>
<p>Ongoing royalty fee: 12.5%+</p>
<p><u>Liberty Tax:</u></p>
<p>Total investment: $56.8K-69.9K</p>
<p>Franchise fee: $40K</p>
<p>Ongoing royalty fee: Varies</p>
<p>If you can imagine purchasing the rights to a well known company&#8217;s name, getting access to expert training, experiencing a proven revenue stream and unwavering brand recognition then the decision boils down to three simple questions; Do you have the capital? Do you want access to a proven business model?&nbsp; &nbsp;Are you willing to give up significant control in how you do business?&nbsp; If you&rsquo;ve answered yes to <u>all</u> three, it&rsquo;s time to seriously look into becoming a franchisee.</p>
<p><strong>About the Author:</strong><br />
</p>
<p>Dawn Moir&eacute; Williams is president of The M.I.L.E., Management Institute of Learning Excellence, adjunct professor at Virginia College, a freelance writer, and senior auditor for a large hospital management company. She received a BS in management from Hampton University and a MBA from MTSU. A resident of Nashville and native of Los Angeles, she is a wife and mother of two boys. Contact her with questions regarding management training, career counseling or article information at <a href="mailto:dawn@milesofsuccess.com">dawn@milesofsuccess.com</a></p>
<p>Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> &#8211; <a href="http://www.articlesbase.com/franchise-articles/should-i-buy-a-franchise-1180773.html" title="Should I buy a franchise?">Should I buy a franchise?</a></p>
<p><b>[My World Plus] A Real Business! *Read This First*</b><br />
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