Once a business has a certain process that’s working and it is producing a consistent profit, an owner may want to think about replicating the process by franchising the business and opening it up to new owners.
Category: Finance (Page 1 of 2)
When a person is able to find a good investor for their startup, it will help them get off to a good start. Knowing how to pitch and attract investors will ensure that they find the right match. Here are five tips that will help an individual give a strong pitch to an investor.
It is important to save money at any point in your life. Life can be unpredictable, and everyone should prepare for the unexpected to some degree. Establishing a kind of financial “cushion” is a great way to help yourself from financial downfall in the unpredictable future. Saving money for future plans is essential for retirement, vacation, school, and anything else you can think of.
Financial hardships can happen to anyone. Financial hardship does not have to mean the end of the world. There are methods that can be applied to your every day life to help you get out of hard times and also avoid them entirely. First you will…
A financial advisor is an integral part in anyones life. They help evaluate, plan, and facilitate your financial goals. You want to make sure you are choosing the right one! Consider these points before you invest your time and financial future into an advisor.
There are plenty of articles and information out there that tell you what you can do to improve your credit score. More importantly is what you should not do to avoid hurting your credit score! Your credit score affects numerous financial decisions that you may make through your lifetime.
Corporate philanthropy has become the norm in today’s businesses. There are several well-known companies who have made it their mission to give back to people whenever a customer buys from them. TOMS is an excellent example of a company that does this. There are significant benefits to why corporations should give back to their community. […]
Investing in the stock market might seem scary, especially watching movies like Wolf of Wall Street. However, the world of investing isn’t actually that terrifying and can, in fact, be an effective way to set yourself up for a comfortable financial future. Yet younger Americans are not investing as much as older generations. Waiting to […]
If you have ever consulted with a financial advisor, you know that borrowing money is one of the last things you should do, especially if you are trying to build up a strong credit history or investment portfolio. However, there are certain exceptions to this rule. If you encounter a drastic or detrimental life event, […]
The best way to build your personal wealth is to save your money as early and as often as you can. Having an account with compound interest will allow your money to begin making you more money. The bestselling author David Bach lays out a saving plan for each stage of your life in his […]