Monthly Archives: July 2011

Franchise Bankruptcy – What if the Franchisor Declares Bankruptcy

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One of the first questions that many franchisees will have when the franchisor goes into bankruptcy is “Can I keep running my business?” The answer to this is a resounding yes. When a franchisor declares bankruptcy they lose all the rights they have to their name and brand. This means they have no legal grounds on which to try and prevent you from using the name in your business. However, you need to make sure that you want to use the brand name for your business. People may associate your franchise with the bankruptcy and stop from visiting your business.

If you have specific questions about what happens when a franchisor declares bankruptcy, contact a Hawaii bankruptcy attorney at 1330 Ala Moana Boulevard #202, Honolulu, HI 96814 (808) 554-0104. They can give you details on what will happen with your particular franchise in the event of bankruptcy.

In a typical Hawaii bankruptcy you should immediately cease sending royalty payments to the franchisor. Once the bankruptcy was declared, the franchise agreement immediately became null and void. After the agreement is voided, there’s no reason to keep sending your hard earned money to a failed company! You may end up needing every penny to try and avoid the negative press that may come with being part of a bankrupt franchise.

You may also want to contact some owners of other franchises in the area to see how they have been affected by the bankruptcy. By partnering together (even if it is an unofficial partnership) you can help each other to weather the storm and make sure that your individual businesses are not harmed by the bankruptcy of the parent franchise. Try to avoid the negative publicity that comes with the bankruptcy of the franchisor. You need to do everything possible to make sure you are not dragged down by the parent company’s problems.

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Use The Web In Business

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It is very important that you learn to use the web in your business. The Internet has long been considered critical to business operations. Today, it is virtually impossible to succeed without web technology. There are a number of different ways that you can use this medium in your business. Finding ways to advertise, market, and publicize is very important to the expansion of your company. Technology is there to help you, like online grammar checking tools like the Grammarly Scam tool.

There are specific tools that use web technology and can result in expansion. The possibilities are endless when it comes to the Internet. Researching the most successful techniques for businesses in your field can prove helpful. This is a good way to get the most out of web technology. At the same time, you can improve your overall profits.

Articles about your field

You will discover that there are many ways to use web technology in your business. One of the primary goals for any business is to rank high on search engines. This is a terrific way to ensure that visitors to find your site. Articles written about various topics can be used to steer traffic to you. These articles are placed in different places online. They can describe your field or individual products, while they work for you.

Blogs demonstrating products

Blogs are some of the most creative uses of web technology. Many businesses have blogs incorporated onto their sites. Others have writers who regularly write posts about them and their products (see the Grammarly site scam for more details) . Both of these options are useful to directing visitors to your site. Links are instrumental to this process. Blogs that have a lot of followers are being used in this vain daily.

Links to web stores

Links can be used in a number of different types of content. These links can send visitors to your website. They can also be used strategically to lead to web stores. This is a great option for increasing profits.

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How Bloggers Really Make Money

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Anyone who maintains a blog knows about the amount of time and energy that goes into it. But not everyone who maintains a blog can say that they don’t want to eventually capitalize on it. It’s a nice thought to write just for the sake of writing, but many bloggers would agree that a blog becomes most rewarding when it begins to pay off monetarily. If you are a blogger who is interested in monetizing your blog, then you should first know that it takes a lot more than just posting what you write to be able to put a cash value on your blog. Here is a rundown of how bloggers really make money:

Advertising. There is a wide array of advertising options for bloggers, and they can really pay off if you use them appropriately. Consider pay-per-click services like Google Adsense or commission-based advertising scouting programs like BlogAds.

Affiliate programs. This is a great option if you ever use your blog to review or promote products that are sold on major sites like Amazon.com. You simply provide an Amazon (or other affiliate company) link on your blog and when your readers click on your link and spend money on the affiliate site, you make money.

Sponsorship. Sometimes advertisers see the value of a blog in relation to their sales and will sponsor a blog, or even a post, that is related to their product or service.

Donations. If you have a loyal following and support a cause, you may ask for contributions from your readers. Virtual tip jars are common on popular blogs and can be a significant source of income.

Merchandising. Hire a company like CafePress to produce branded merchandise for you, and then promote it through your website. Blogs with a lot of followers can expect to supplement their incomes by selling printed t-shirts, hats, mugs and more to their loyal readers.

Offering your expertise. If you run a successful blog, then you can make money as a consultant to help other bloggers grow their own sites. Furthermore, you can approach the appropriate forums to ask about paid speaking engagements if you feel that you can make a relevant presentation related to building a successful blog.

As you can see, there are many ways you can make money through your blog, and they all require more than just posting your opinions for your site’s visitors. With some effort, you can employ one or more of these methods to put your blog to work for you and, with some time, you will reap the financial benefits of monetizing your blog.

 

About the Author: Deborah is a full-time writer with a passion for blogging and business. She also enjoys writing about healthcare, medical billing and coding, and career development.

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Online Marketing, A Smart Move

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There are two good reasons why you should learn internet marketing. It may be that you want to make your own online business or you may want to work for other people who have online businesses in vice versa.

Whatever your reason may be, there are three different ways to learn this business. You can learn it through self-study, hire an expert to teach you, or become a member of an internet marketing forum.

While you can choose from any of the three options, it would be very helpful and it can save time if you want to learn internet marketing in a forum. This is because most internet marketing forum owned by successful internet marketers are successful online businesses.

This is also a place where experts in this field gather to partake ideas or discuss the latest events in the world of online business and technology. No need to worry about the legitimacy of the information you check out into the internet marketing forum.

An internet marketing forum is typically made by an internet-marknadsförare. You can be sure that all resources about internet marketing, from educational tools, and more have free memberships. Since it often comes with minimal membership fee, the cost is nothing compared with the data you are taking from it. If you want to compare the cost of the membership fee to the cost you must tick when hiring someone expert to educate you or the time it takes to learn business on your own, you will realize that the membership fee is almost negligible. In addition, you can always enjoy a free trial period, which does not cost much.

Do your own tracking where the experts are.  Online marketing is one of the smartest moves you can take. Break out from the regular, not working advertising strategies that you have right now as when you break out from a weight loss plateau in fitness. Observe, seek , learn and prosper your business through the modern technology!

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Marketing With See Through Business Cards

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Business cards are very useful for developing any kind of business. They come in various colors, styles and materials. They are one of the simplest means of advertising your products and services, apart from providing your contact details to your customers for future needs. One of the latest trends is the see through business cards. They are made of plastic, are durable and can withstand any amount of wear and tear. According to users, these plastics have more retention value than the conventional types. These clear cards are now becoming a rage among most of the business owners and individuals who need to advertise their business and services. There are various advantages of using the nearly transparent cards.

The greatest advantage of these see through business cards is that you can clearly print your details on both the sides. Though they are transparent all the details are very clear and stand out without interfering with each other. The message you want to convey is very clear and clean. If you want something much better and very different from the traditional cards, try using the transparent plastic. They are stylish and unique. When compared to other cards they are more durable and last longer.

Business cards are usually used for advertising your business. So you expect to get back what you spent on it or even more. By using the see through business cards you can get back more than what you expect. So they are worth the money you spend on them. Another benefit is that most of the people use the plain side of the normal cards to jot down some details. This can be avoided with the clear plastic business cards. Also, the formation of ‘dog ears’ can be avoided while using the transparent varieties. Next time you want to print these little advertisement tools, choose the clear style for a long lasting effect.

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What Can E-commerce do for Your Business?

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Perhaps the question might be better phrased as, ‘What will happen to me if I don’t embrace e-commerce?’ Whilst you won’t lose customers overnight, or immediately collapse in a heap of debt, the answer is that, eventually, you are likely to be left, behind. Other businesses that are in competition with yours will be moving forward, whilst you stand still. You may be in a business where the notion of standing still is not a particular problem. It may, for example, be a business with an established reputation and way of doing things, a business where stability and personal contact is important. Nevertheless, if your competitors continue to move forward and you continue to stand still, then it is inevitable that you will either lose customers to them or have to watch while they gain customers that could have been yours because they provide an enhanced service. You should look at your own operations and see exactly where each could benefit from the use of new technology such as mobile communications, electronic data interchange (EDI), the World Wide Web or other advances.

The key thing about e-commerce and online home based business is that it provides an extra means of marketing or sales, whilst taking nothing away from the existing nature of the business. It is an additional benefit, obtainable for a reasonably low outlay, not a way of doing business that has to replace what you already do well. The mistake is to think that the traditional part (and character) of your business would not be able to survive if you had an e-commerce element to your business. It will not only survive, but be enhanced by the e-commerce element.

Even as a new business, you have the opportunity to set up quite cheaply (it can be much less expensive to set up a ‘virtual’ business than a ‘real’ one) and to try out your products or ideas on potential customers. Take no notice of the dot.com failures -who suffered from an excess of marketing and advertising expenditure combined with over-high expectations – and start off quietly and small.

What e-commerce offers your business is the chance to compete with competitor businesses regardless of their size and influence. Your web site fits onto the same size screen as that of the Coca-Cola Corporation or Esso. Whatever extra resources such companies can throw at their e-commerce arms, you have the opportunity to compete – in this medium at least – on a playing field that is virtually level. E-commerce offers you the chance to expand your customer base by introducing them to new products or services, by ‘selling up’ to them – adding value to enhance their dealings with your business. Not only can you introduce new lines, you can also use your web site for market research -asking for opinions, test marketing, trialling – at a fraction of the normal cost and with a much faster response time.

E-commerce can also take over some of the jobs which you or your staff do – payments, deliveries and even enquiries can be dealt with – leaving you free to develop your business creatively. And of course you can tap into the ever-expanding global market place.

Growth in global markets:
More than ten million new users, on average, connect to the Internet every month. This sort of growth is likely to continue until virtually everyone in the world has Internet access, creating a truly global market which will amount to a staggering size of 200 million-plus people. Penetration in some countries is already reaching over 50 per cent, while others are not far behind. A further expansion is predicted to take place once access to the Internet no longer relies on a personal computer. Once the Internet is available through television (via a cable or satellite connection), manufacturers predict a further explosion of users. What will you need in order to be able to reach this vast market?

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