Entrepreneurs Articles
Steam Cleaning Business And The Greasebusters Franchise
(category: Entrepreneurs, Word count: 713)
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Frequent Steam Cleaning can drastically improve the visual aspect of carpet and upholstery. One of the biggest advantages many folks do not associate with Steam Cleaning is the health benefits it provides to those who suffer from allergies and asthma. The EPA has discovered indoor air pollution as one of the top five urgent environmental dangers to public health. When your home is polluted with allergens and dust, your lungs are expossed to greater health risks. Your lungs can't process oxygen into carbon dioxide as effeciently as they should. Routine Steam Cleaning can actually reduce allergens and dust and help your lungs breath easier.
One of the most trouble-free small business opportunities you can own is a Steam cleaning franchise. It's an easy business to run and business evaluation stability charts show steam cleaning franchises with a high rating. Because the investment level to start up a steam cleaning business is very low, it is a excellent small business opportunity for any person from any background. Many entrepreneurial minded individuals run extremely profitable steam cleaning businesses that were initially started with very low capital. These folks hold the knowledge that steam cleaning is a low investment business with the potential to earn a very high income. For those with access to minimal funds, starting a steam cleaning business can be a win-win situation. For those who are unfamiliar with business ownership, starting a small steam cleaning business can be a nerving situation. A lot of newly opened businesses fail because of mistakes that could have been avoided. Therefore, building a business plan before jumping into a new venture can mean either success or failure for your business. Subsequently, the two biggest fears for future business owners would appear to be job security and the failure of their new business. If one of the biggest fears people have about starting a small business is the fear of having no real security.
You can easily start a steam cleaning business with as little as $1000. It is feasible for some people to start the business with less than $500 under the right circumstances. If you own your own equipment and transportation vehicle, it will mean less money from your pocket. Realistically, most people who want to start a steam cleaning franchise don't own cleaning equipment. Alternatively, if you're just starting out and if you want to own an independent operation as opposed to a franchise, you have the option of leasing the cleaning equipment for a very small fee. Contrarily, Consider the benefits of a cleaning franchise. Although the initial investment to start a franchise may be higher, the benefits you will receive can have a huge impact on the success of your business. Brand-name recognition, an established customer base, and extensive training and support are fundamentally important to the success of any franchise. But the two most important are the training and support because they eliminate the guesswork that comes ever so often when starting a new business.
You can find several steam cleaning systems out on the market. Before starting your cleaning franchise, it is a good idea to research the various systems that are available. Some steam cleaning systems are more complex and more costly than others and achieve different results. Commercial cleaning companies commonly utilize truck mounted systems for their commercial strength and unique ability to cut down the time spent on a job. Many steam cleaning franchise companies utilize the truck mounted cleaning system.
A small steam cleaning business can turn some amazing profits. You won't find the flexibility and depth that the cleaning business holds in any other industry. And you can grow your steam cleaning home business as large as you want. Steam cleaning is a billion dollar a year industry and it's growing bigger every day. Deciding on a business with all the right properties is an important decision you will have to make if you plan to be your own boss. For every potential opportunity that presents itself, retain as much information about that business as possible to reduce problems in the future. A new business venture can be an exciting and rewarding journey. Sticking to your business plan staying focused can ensure the success of your franchise.
Why Even A Simple Contract Can Save Your Bacon
(category: Entrepreneurs, Word count: 529)
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Every business owner says it; "Do I really need a written contract?" The answer is "YES, YES and YES!" Using a written contract is like buying insurance for your business deals, but much better.
What Is A Contract?
Simply put, a contract is an enforceable agreement between two or more parties. The contract contains the promises made by the parties to one another, which is legally known as "consideration." These promises define the relationship being undertaken as well as what happens if the business relationship doesn't work out. If one party fails to act according to their promises, then they have "breached" the contract and can be found liable for damages. The damages typically equate to what the non-breaching party would have received if there had been no breach.
Oral Contract v. Written Contract
You go to a party with a friend and meet someone interested in your product or service. Eventually, you agree to provide him with 1,000 units of your product in exchange for a discounted price. You have created what is known as an "oral contract." He has promised to order products and you have promised to provide them at a discounted price. Is the agreement worth anything? Unfortunately, the answer is probably no. Why? In most states, oral contracts are not enforceable if they carry an inherent value in excess of $500. Since it is so difficult to establish the terms of an oral contract in a dispute the legal system tries to discourage them. In fact, this legal restriction is generally known as the "Statute of Frauds."
Turning back to our example, what if you thought you were going to give a 10 percent discount and he thought it was 20 percent? What if you can't resolve it and he insists you provide the discounted products? You will end up in court with the dispute coming down to which party the judge or jury believes. Are you really willing to take that gamble?
With even a simple written contract, you can create a clause containing language that states you will give a 10 percent discount. If the dispute ends up in court, he is asked if his signature is on the bottom, the clause is read and you win. The contract should also contain a clause requiring the "prevailing party" to be reimbursed for their attorneys fees and costs. In short, he has to pay your legal bills as well.
An additional benefit to using a written contract is the due diligence element. I realize you will be shocked to learn that there are unethical businesses. In negotiating a contract, very specific requirements are put in writing. What if the other party starts squirming? It may be a sign they are unable to meet their obligations. Might that give you pause before you commit to tying up your inventory? You can save yourself a lot of headaches by discovering this information in advance.
In summary, even a simple written contract should be a mandatory bullet in your arsenal. Much like car insurance, you will be glad you have one if a business transaction falls apart.
New Innovations
(category: Entrepreneurs, Word count: 569)
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How do you produce ideas for new innovations? Here is a great technique: Extract some basic ideas from existing products and inventions, and then apply them to new areas.
If you look at a thermostat, for example, you might think "A device to control the indoor climate." This is certainly an idea that can be used to come up with something new. You have to look a little deeper, though, if you want more creative innovations. Continue with, "It measures the temperature and then, using that information, turns the heater on or off, to keep the house comfortable."
Continuing even deeper, we see that it uses measurement in order to control something. Let's work with that concept. With the technology that exists today, we can make things happen automatically, according to almost anything we can automatically measure. This is a powerful concept that can and will lead to some fantastic new innovations.
In an article on thought control, I pointed out that since we can measure the changing activity of the brain as we change the nature of our thoughts, we can already build a device that is operated just by our thoughts. Even with the technology of thirty years ago, we could have had a TV turn on whenever one's pulse rate increased. If you then trained yourself to increase your pulse rate by thinking certain thoughts, you could turn on a television with your thoughts.
Other New Innovations
To have many such ideas and new innovations, just look around and start applying the basic concept of control by measurement. Looking at the television, and thinking of measurable things related to it, time is an obvious one. There are "sleep timers" that turn the TV off after a certain amount of time, but how about a device that only allows the TV to be on for three hours in any given day? Kids can watch when they want, but they won't be able to watch too much.
A thermometer gives me the idea for a sign that changes it's message according to the weather. A restaurant, for example, could have the sign say "Come in out of the cold," when it was cold, or "Cool off with an ice cold drink," when it was hot, and so on. I'm sure there are other businesses whose messages would be variously more or less effective according to the weather.
When I look at the traffic, I see that speed can be measured. There are already those radar signs now, that tell you how fast you are going. There could be a sign down the road that says "Slow down, we're taking your picture," or the radar gun could turn on a fake siren whenever someone goes ten miles per hour over the limit. The idea is simply that their speed triggers something that will hopefully slow them down.
Yesterday I saw a new invention that measures your girth. So what does it do with that information? Well, if you hold your stomach in, you get clear sound in your headphones. If you let your stomach hang out, the music is low quality and loses volume. While I'm not sure how well this stomach-exercise-motivator will sell, it does show how using the concept of measurement to control can lead to very different innovations. In fact, any application of a basic concept to new areas can lead to new innovations.
Entrepreneurs You Might Want To Drop Out Of College
(category: Entrepreneurs, Word count: 1026)
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Young entrepreneurs and business owners are often times faced with the choice of which road to take. On one hand, there is the more conservative route of staying in college and getting a degree. On the other hand, many have thriving businesses that are making more money than their degree will ever get for them. Is college simply a hindrance? Or is it a valuable resource that should be continued at all costs. Many college business owners don't even realize they have the choice of dropping out. Knowing this option is there could be vital to the success of their future business. If you are in college and are an entrepreneur or business owner you must ask your self this question: should I drop out of college?
The answer to this question often comes in many forms from many different people. I was recently at an entrepreneurial conference and had the opportunity to discuss this matter with many rich entrepreneurs. The answers I was getting from them were vastly different from those that my family had given me. On the one side I was being told that college is only useful if you are getting something out of it, and that if I was serious my businesses should take priority over schooling. From the family side I was being told to stay in school no matter what, put schooling at the forefront - there will always be time for business and it will be good to have a safe backup. Both of these answers have their merits, but which one is right?. It became clear to me that it was my decision- not the other wealthy entrepreneurs, and not your family.
Why are you in college?
This question is the fundamental element in the decision to drop out of college. Entrepreneurs must figure out the reality of why they are in college before making a decision to drop out. Some business owners are in college because their parents told them to go there, or because they didn't realize they had the choice. Other young entrepreneurs are in college because they find the information valuable and want to continue learning while they expand their business. Even more still had childhood dreams of one day being an engineer or architect and want to follow through with their early ideals. You must answer this question truthfully and honestly if you are going to make a choice about running your business full time or staying in college.
Why Do You Want to Drop Out?
It is very important to understand exactly why you want to drop out. Many business owners and entrepreneurs have vastly different reasons for dropping out of college and it is key that you understand yours. I have often fielded this question in conversation, and many times a young entrepreneur will want to drop out of college on pure speculation. This is never a good idea without a solid business plan. I recommend having a solid business plan and some backups in the least, as well as some plans for continued learning of business skills. Dropping out is a risky decision - entrepreneurs will understand and easily accept this fact. Understanding and accepting risk is part of being an entrepreneur and starting new businesses. I have also talked with many entrepreneurs who already have million dollar plus income, and are thinking about dropping out in order to focus more on their business. This instance presents an entirely new set of questions. Whatever your reasoning make sure that you understand and research your position.
Here is the Secret to Making the Decision
It all comes down to balancing the two sides of the argument. If you've figured out both your reasons for being in college and your reasons for dropping out and starting a business, then you can easily make a decision. The trick is to look at a list of both sides: your reasons for being in college and your reasons for going out and becoming an entrepreneur. If either side has reasons that aren't your own, or that have doubt in them, then you will most likely pick the other side. Here is an example situation, look at the two lists and decide what the student should do.
Student A - Reasons to Stay in College:
- My parents are paying for it, and they would flip if I left
- Everyone I know is in college, it would be weird to leave.
- A degree might give me some security later on.
Student A - Reasons to Drop Out and Pursue Business
- I have a solid business plan and have been working on it for months
- My income is almost half of my parents already
- Having more time to work on business would let me expand faster
I think it is fairly clear in this setup that we have an entrepreneur at heart. There is doubt in the reasoning behind college, and he also doubts that he will even need the security of a degree. The second list is much more profound and certain. This student knows he will be successful as an entrepreneur and he only wants to build his business more. There is certainty and understanding in his tone. With this situation it seems very likely that the student would be far better off dropping out of college and pursuing his business goals.
The case is almost never as cut and dry as the situation above, most young businessmen have far more complicated setups. Even with the complications, the end result is always the same. Follow the path that you are sure of in your heart. If you are an entrepreneur in the right position then you will know exactly why you want to drop out and that it will be better for you. Or, you will know that staying in college will teach you more about business and let you grow faster out of college. I will leave you with one last thing.
Listen to your own thoughts, and pick the path that you know is better for you.
Don T Let Your Fear Stand In The Way Of Franchise Ownership
(category: Entrepreneurs, Word count: 629)
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Resist the negative words of people that will move you from business ownership. There has not been a more suitable world to end the debate and move toward owning a franchise. This is the place to learn more about the swell business franchises.
Long hours and fear of failure restrain some from capturing their desire for franchise ownership of the franchise. If you are going to make it in business you do have to work hard but this can be greatly reduced with a franchise for sale. A franchising opportunity is simply a business that provides a company's merchandise in a territory contracted between the franchisor and the franchisee.
Franchise owners benefit from what has been learned of people that have given many hours of their lives creating a successful business organization. When you start a business on your own with no help you can only guess at the difficulties ahead, but if you decide to buy a franchise instead of going it all alone, the problems that entrepreneurs run into have already been worked through by the franchisor. Often said in franchise Opp commercials is that you go into business "for yourself, not by yourself," and nothing can be truer.
From the franchise company you also get the best training in the business world. A common way to learn a skill is from a master, but how often are you able to get to the very best? If you buy a franchise opportunity you get educational training from the most skilled people in your franchise industry; a group that has done it all and know how to handle the rough times. The educational methods for every franchising opportunity diverge, however. Many include training on the best methods for good sales of the product or service, finding the best employees, bookkeeping and inventorying, and all other techniques needed for running a profitable franchise. Excellent franchisors will send human support to instruct and support you as you get everything in place to open your new business and will remain by your side until you are comfortable managing the day to day tasks without constant help. The franchisor wants you to succeed just as much as you do so any franchise will have an excellent training program.
One important advantage of owning a franchise business is that you get help in the marketing area, so that you don't have to become a marketing expert. When you own your own business you need to keep up with the day to day affairs of the business, so you don't have to be a marketing expert because the franchise opportunity takes care of it for you. A portion of the fees you pay as a franchisee go towards marketing. That doesn't mean that you still can't be a student of marketing. In fact, a lot franchise opportunities help out with plenty of free market research and info to the franchise owners and a lot of how to information from your franchise education and from then on out. A benefit of owning a franchise is the marketing assistance. Don't forget that as you consider a franchise.
The economy is adapting and no matter how much a company appreciates their employees the bosses can't guarantee a future. The only way to secure your destiny is to grab life by the horns. After you own a franchise the hard work you do is realized in your profits. When owning a business franchise you create a future for the ones you love that will be appreciated for generations. A franchise is the way toward success, so don't let the financial instability keep you from becoming one of those that have beat fear and found business ownership.
What It Takes To Succeed In Business
(category: Entrepreneurs, Word count: 415)
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Business if tough in today's world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also "pack up" shop and lock their doors. Why do so many businesses fail?
The reasons lie in three main spheres. Those spheres of influence can be labeled personal, customer, and operations.
The Personal Sphere deals with the owner's personal motivation to start a business. For example, if an owner wants to start their own business, but isn't willing to make the sacrifices necessary to make it thrive, then they are at a disadvantage when compared to other motivated businesspeople. When a business starts for the first time often it doesn't have a lot of money. Owners are required to sacrifice time, money, and happiness to succeed. If you can't do that, it is unlikely that such a business will flourish. Many times owners thought they could handle the hardship but once the novelty of "being your own boss" wears off they close the door.
The Customer Sphere is one of the most important components of your business. Without customers you do not have sales, without sales you do not have money and without money you do not have a business. Many factors go into generating a good customer base. In the beginning you must have a cost effective marketing strategy that targets your intended buyers. This can be done by developing a psychological profile of your customer and then advertising in those places that they frequent. Because it is more expensive to get a new customer than it is to keep one you must make sure they are satisfied with your business and product. Keep in touch with them by sending them a follow-up letter with a survey.
The Operations Sphere is only second to the Customer Sphere. In operations you must have an appropriate method of reducing costs, keeping track of paperwork, and maintaining improvement. Operations can also take into effect the tax paperwork, accounting, scheduling of workers, benefits or any non-producing functions.
If all of these three components are well thought out and are appropriately designed you will increases your chances of survival. Failure to understand the integral details of your business and what it takes to succeed may mean failure in the long run. If you are having difficulty putting all the pieces together then consider a small business consultant.
Keys To Starting Your Own Clothing Company
(category: Entrepreneurs, Word count: 358)
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Ever wanted to start your own clothing company? Its not as difficult as you think. What do you absolutely need?
1. A decent logo
2. Creative concepts and graphics - Design Talent
3. A unique, blank apparel supplier
4. A decent screen printer
5. A Line Sheet to show potential buyers
6. Sales and promotional talent.
Which do you think is most important? Its obviously design talent you say? Are you Joking? You must be joking. Have you stepped out of the house recently? Have you seen Von Dutch clothing? Crayon weilding Chimpanzes produce better designs. Furthermore, I imagine the monkeys are more sanitary, but I digress.
#6 is clearly the most important element. You can create an entire line of fashion forward, beautiful clothing but if you can't pitch it - no one will ever see it (excluding your mom of course). So, unless you want a closet full of your fantastic designs, ask yourself the following two questions:
Can I sell?
In other words......can I hit the pavement with my line sheet and walk into every boutique clothing store I can find? Then will I harass the hell out of retail clothing store buyers so that they'll try to squeeze 5 minutes of time in for me at Magic 06? (Clothing Convention) ?
Will I be able to make a professional presentation to a Nordstroms buyer?
Can I promote?
Do I have and creative viral or gureilla marketing ideas to get this label kickstarted?
If the answer to both of these questions is No - you better get some help. Namely, find someone passionate for fashion who also happens to be ridiculously outgoing, great on the phone and aggressive as hell. Lastly, (and superficially) it would help if your sales rep is hot.
I know, how horrible.....so sorry, buy I didn't say anything about this being an equal opportunity business.
That being said, let me welcome you the shallow end of the pool..... i.e. the fashion world.
Good luck with your label!
Hazardous Waste Name Says It All
(category: Entrepreneurs, Word count: 477)
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Hazardous Waste.... Name Says It All
Hazardous waste is generated by each and every industry; no matter how big or small. It has properties that make it dangerous or potentially harmful to human health and the environment which makes it vitally important to ensure that hazardous waste disposal is done with utmost care.
Hazardous waste is generally defined by one or more of these characteristics:
Ignitable: Such hazardous waste is highly inflammable. It is capable of burning at or below 140o F. Unwanted gasoline is an ideal example.
Corrosive: It burns the skin, causes irritation in the eyes and is capable of destroying living tissue when contact occurs. It can corrode metals, plastics or rubber. Automobile battery is a corrosive waste.
Explosive or Reactive: Such waste is capable of causing an explosion or releasing poisonous fumes when exposed to water, air or other chemicals. Old medicinal ether and out-dated ammunition are reactive wastes.
Toxic: These wastes are fatal if swallowed. Heavy metals like lead and mercury are toxic wastes.
Radioactive: This type of waste is capable of damaging and destroying cells and chromosomal material in the human body and other living organisms. It can also contaminate the air and the surrounding environment.
Hazardous waste can be in the form of liquid, solid, contained gases, or sludges. It can cause illness, injury or even death and also destruction of environment. Because of such potential risks, hazardous waste is treated differently from ordinary wastes.
It needs to be disposed of properly by professionals who are trained in environmental hazardous waste services . The improper disposal of even small quantity of hazardous waste poses a long-term risk to public health and the environment. After all it takes only a small amount of waste to contaminate a large area of soil or groundwater.
Because of these serious risks it is imperative that even small businesses properly identify and dispose of hazardous waste taking the help of companies who specialize in providing hazardous waste disposal services and industrial cleaning .These companies undertake proper transportation and disposal of all types of hazardous waste be it in solid, semisolid or liquid forms including ignitable, corrosives, oils, dry bulk, sludge, filtrate, reactive, biological waste etc.
Hazardous waste disposal companies efficiently manage hazardous waste from cradle to grave providing disposal services like:
Detailed listing of on-site chemicals
On-site sampling and analysis of hazardous waste
Waste profiling
Manifesting
Waste Placarding
reactive chemical stabilization
transportation and disposal
In the wake of growing concern about the environment, all kinds of industries be it automotive, packaging, printing, electrical, plastics and many others are turning to companies providing environmental remediation services. In this way they get rid of the waste and do their bit for the environment too.
The Fine Art Of Juggling Business And Motherhood For Mom Entrepreneurs
(category: Entrepreneurs, Word count: 1022)
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Like every entrepreneurial mom, two of the top priorities in my life are my family and my business.
My Story. I have always been a driven person. I knew what I needed to do to earn my next promotion. I took every class and seminar that I could find to help me get ahead. When I was in my early 20's, all my colleagues were men in their 40's. If I had kept going, I would certainly have reached upper level management.
My desire and drive for status in the corporate world came to a screeching halt on a day in late 1993-the day I became Jackie's Mom. That day, as all Moms understand, my priorities dramatically shifted. Life was no longer "all about me". I wanted to spend as much time with her as I could. Suddenly work and school were unimportant. I began looking for opportunities to work from home or for good part-time jobs.
It is not easy to juggle business and motherhood. I do not claim to be an expert. After Jackie was born, I spent several years in the corporate world not realizing there were other opportunities for me. While I worked full-time, my constant concern was that I was missing everything while my child was in daycare for 11 hours a day. Because I know children are only little "for a short time", a cloud of overwhelming sadness was constantly hanging over me. In my efforts to overcome this concern, I was fortunate along the way to find several excellent part-time jobs, and I even job-shared for a year. I have actually only worked full-time for half of my daughter's 12 years. Yet it still never occurred to me that I could leave the security of a corporate job to have my own business.
Thankfully, the entrepreneurial bug bit me in late 2002. I now have my own business, and I love every minute of it. I am much happier and I am able to set my schedule around my children's important activities and, on occasion work with them beside me. I recently sat at breakfast with Jackie and asked her when she has been happiest with my work schedule. She too was happiest when I was able to take her to school and pick her up myself and attend all her important activities.
My husband, Terry is about to begin working in my business full-time, too. While we are looking forward to being together more and working together to help build our business, this will be a major life change for us. Our son Cole (age three) is currently in daycare for three part-time days each week. Last week we discussed some of the adjustments we will need to make with Terry being home more. We made the commitment to juggle taking care of Cole and working in the business the remaining two days a week for the next two years until he starts kindergarten. We know it is best for Cole, that this time is a special time to be with him, and he is worth it.
I have learned many things as a Mom Entrepreneur, and I would like to share two of them. The Importance of Being Present. Several months ago, I had a breakfast meeting with my business partner and one of our networking organization members. The member was sharing some of the things he had learned in a workshop. I will never forget when he said, "You are not listening, you've never listened, and you are not listening now..." Then he explained how he realized he hadn't been listening to his own daughter. I immediately understood what he was saying and my heart sank. I thought of my children. Although I had always wanted to have as much time with them as possible, I had become involved in growing my business. While juggling both work and family, I had stopped listening. I had been fooling myself and I had been very wrong. I apologized to my daughter that day. I changed immediately, including even little things. For example, while ironing on stars Jackie had earned in P.E., I took the time to talk about how she had earned the stars. I understood how much I was going to miss unless I was present all the time. Working moms often struggle with the lack of time spent with their children, but when we are present, every moment we spend with our children can be special quality time.
The Value of Teamwork. One of the most important things we can do for our families is to have open communication. I am not afraid to ask for help from my family. I try my best to communicate my upcoming schedule ahead of time. When I have a particularly hectic week, we talk about what is happening, if it's temporary, acknowledge the stress it puts on all of us and handle it together. As a team, we worked out a plan for the days when I leave early to attend a breakfast meeting. When I say, "I have a breakfast meeting tomorrow," everyone knows what to do. For example, my husband takes care of our son and drops him off at preschool. My family understands my commitment to them is, if at all possible, I will only attend one breakfast meeting a week. I communicate with them what is happening in the business and try to involve them in it, too. We are all in this together. As the business succeeds, we all succeed.
You can help, too. I love to help others, and as I continue my personal journey towards a more balanced life, I want to collect the experiences of other entrepreneurial moms. I am also writing a book for Mom Entrepreneurs. The comments submitted for these articles could also be featured in the book. It is my goal to share your stories so that we can all help each other to master the fine art of juggling business and motherhood.
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