Understanding Franchise Territories: Here’s What You Need to Know

Buying a franchise means launching a business that has the framework of a bigger company around it. You can expect tons of support from your franchisor, but what about competition? As a prospective franchise owner, it’s critical that you know everything you can about territories and how they can make or effectively break your franchise.

Subway shop franchise

In this article, written by SMBCEO on behalf of F45 Training, we’ll discuss the meat and bones of what you need to know about franchise territories before you get started.

Franchise Territories, Defined

First of all, what defines a territory? A territory was once considered a geographic area, and while this is much of the case today, a territory can also be determined by demographics.…

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Is It Worth Getting Labour Hire Workers for Your Construction Project?

Construction is a fast-moving industry in New Zealand, and it is one of the sectors that are most closely linked with the country’s growth.

New Zealand architecture and landscape

If you are currently heading a construction project, then , for the most part, you are on the receiving end of good news: About a quarter of New Zealand’s employment growth in 2020 will be in your sector, and construction opportunities will be rife in the wake of a strong population growth and continuing post-earthquake reconstruction efforts in the Canterbury Region, particularly in Christchurch and Kaikoura.

The question is, is your current labour model suited to your project’s individual needs?…

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5 Tips for Small Business Events & Meetings on A Budget

Small business events and meetings can be great opportunities to expand your network, draw potential customers, and generally promote your name. Let’s look at 5 tips for doing an event or meeting without breaking the bank.

Business networking event and meeting

1. Meeting Management Services Software is Your Friend

If you’re trying to plan events and meetings, you would do well to invest in some good meeting management services software. There are a lot of things to get right with a meeting or an event, and it’s a good idea to be strategic about it—and that’s precisely what meeting management services software can help you with.…

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Rapid Application Development: Smooth and Effortless Business Processes Automation

Some say people are lazy. We are constantly seeking easier ways to do things. We are seeking for someone or something to do things for us. Especially, boring and monotonous things and tasks that require too much attention and repetition. First, we have learned to delegate those tasks to people. Later, we also learned to delegate them to machines. That is how the concept of automation evolved.

Rapid Application Development (RAD)

More and more of our daily life processes become automated. We gladly use machines to help us live our lives with more ease. We also create apps that help us to deal with the repetitive, tedious and difficult tasks.…

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The Key Elements of Professional Letterheads

A letterhead is simply a piece of stationary that has a pre-printed heading on the page. It features the person’s name, organization name and address. You can have personal letterhead that has your family’s name, address and other contact information, but letterheads are essential in the business world.

Letterhead example

photo credit: Genevieve Luna / Dribbble

Let’s address the key elements of professional letterhead and learn why it is so important.

Why is professional letterhead so important?

Professional letterhead establishes the identity of your company. It is used to show that a letter or bill from your company is official correspondence. It proves that the message contained in the letter is the official one of the firm.…

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How to Set Up an E-commerce Website that Converts: 5 Tips

What’s the point of setting up an e-commerce website if you won’t attract customers? How much you sell online is determined by how much you can influence consumer behavior.

Ecommerce website that converts

Mind you, you cannot force consumers to purchase your goods. However, there is something you can do: You can set up your website in a way that would convert your visitors into customers. This can be done by ensuring that your entire website creates the kind of user experience that makes them want to patronize your business.

How can I set up such a website?” You ask. Note that the answer to this question is embedded in the best eCommerce website builders and your website design in general.…

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3 Trade Show Networking Tips for Success

Networking is the single most powerful tool you can use at a trade show. You cannot afford to not have your whole staff networking at all times at the trade show. Spend some time before the show perfecting the finer points of your product or service you are providing.

Networking at trade shows

Make sure that these come off as conversational and not too pushy. Any connection you make at the trade show could be a potential sale now or down the road. If you are personable and likable, even if they don’t purchase from you, they may recommend your services to friends and colleagues.…

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9 Pro Tips to Improve Sales Operations Efficiency

No matter how good your product or service is, without a good sales strategy you can’t achieve much. Here are tips to improve your sales operations efficiency.

Sales operations efficiency

Do you have a product or service that you believe is a game-changer in your field? Are you trying to come with the best way to make it known to the rest of the world?

If so, then you must first come up with a reliable sales strategy so that you can do as much business as possible right away. The goal here is to build your sales operations with a team that knows what it’s doing and consideration for all factors that all more people to notice your offerings.…

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6 Simple Tips for Retaining Your Best Freelancers

Hiring freelancers is an efficient and cost-effective way to make up for any skill or manpower deficiencies in your company. What’s more, the contractual nature of hiring freelancers affords you the flexibility you need to stay operational and remain profitable even during off-peak seasons. These make freelancers an indispensable resource for all businesses, especially in the case of SMEs and startups.

Busy freelancer on the phone

While freelancers often look for new projects to work on, you can still find it challenging to retain the ones you’ve come to depend on the most, or those who have proven themselves to be top performers in their field of work.…

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Boost Your Law Business With These Digital Tips

Though you may not be equipped to handle the business side of your law firm, it behooves you to become a competent businessman/woman. Your law firm will need the structure of a traditional business to keep things rolling in the right direction.

Digital law firm management

If you’re looking to get things organized, arm yourself with knowledge. Start now, and read through this brief overview of some digital tips for boosting your law firm’s operations.

Whip your website into shape

Your law firm needs to have a functional business website. People use the internet for almost everything in the 21st century, so you need to meet them where they spend their time.…

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