Tag: 2015

2015 Small Business Ideas in India Starting #business #valuation

#small business ideas

#

Small Business Ideas in India

At present, there are a large number of young professionals who are looking to earn quick money with minimal investment. And with India’s growing economy, there are a lot of possibilities where one can venture into. The ‘Startup India, Standup India’ programme announced by Prime Minister Narendra Modi on Independence Day has been successfully inaugurated in Mumbai’s Thane district. In addition, the Union Finance Minister Arun Jaitley has assured the startups that both the government as well as the banking system would be making resources available to them. As someone who’s intending to enter the world of business, you can soon find a special tax regime that would enable you to foster innovation to an optimum.

Here is a list of business ideas that novice entrepreneurs, having minimal finance options, can utilise to earn maximum profit in minimal return period.

Starting Off with Rs. 1,000

A great business idea to start off with nearly Rs. 1,000 is ultra-short temping services. As a part of this business, the companies provide manpower services on a temporary basis to event management firms. The break-even period for this business is close to 10 months and a gross profit of approximately 20 percent can be expected. An important skill needed to make this business a success is networking. Organizing private tuitions is yet another excellent business idea to earn a handsome income with Rs. 1000. You can plan to be a private tutor by grabbing adequate knowledge about a particular subject. All you need to do is occasional investments associated with purchase of new books in case there is a change of syllabus.

Business Idea for an Investment of Rs. 7,000

A good business idea with a budget as minimal as Rs. 7,000 is a shoe-wash company. Earlier, canvas shoes were cleaned using old toothbrushes and detergent; however, nowadays people have moved on to trendy sneakers and want the shoes to be cleaned by people who are experts in the field, so that the shoes can be maintained properly.

In order to be successful in this business, it is essential to know how to use chemicals and a fair degree of marketing skills are also required. The break-even period for this form of business is at least three months. The businessmen can expect a gross profit of nearly 40 percent in this case.

Business Idea for an Investment of Rs. 15,000

Having a food delivery service is a great business idea if a person has around Rs. 15,000 with them. Nowadays, customers want the best food on their tables without making the efforts to go and get it and this is where a food delivery company can come in handy.

The main skills needed to run this business smoothly are sales and management. This business has a break-even period of two months at the very minimum and can provide gross profits of nearly 20 percent.

Business Ideas with INR 20,000

If a person wants to start a business with Rs. 20,000, they can start making uniforms. Nowadays, even business schools and medical and law colleges are making it mandatory for their students to wear uniforms. Interested businessmen can establish contacts with uniform manufacturing companies and provide dresses at convenient prices. The most important skill in this business is man management and it takes almost a year to break even.

Business Ideas for an Investment of Rs. 50,000

Property management can be a great business idea if you have a start-up capital of approximately Rs. 50,000. The businessmen need to find out a proper workplace and take responsibility for their detailed documentation procedures and thus save a lot of their time. Adequate sales and marketing skills are needed in order to be successful in this business. The company can achieve break-even status within a month and expect a gross profit of around 50 percent. Yet another profitable business venture in this range is phone-based business consulting services. These days, several entrepreneurs are looking to make a name for themselves and the time is right for experienced businessmen to make the most of their skills and knowledge and guide these young enthusiasts with some good business plans. Networking is a critical skill needed to flourish in this business that can take almost four months to come on break-even terms.

Wedding planning is also a good business idea when you have got Rs. 50,000 to start with. Today, wedding ceremonies in India are being organised and celebrated on grand scales and the celebrators might not have the time to properly attend to every little nuance as a lot of time is required in this as well. Wedding planners can help people in such situations. Creativity is the name of the game in this business domain that can provide gross profits of almost 15 percent. However, achieving break-even status will depend on the quality of projects that the company gets.

Concierge services such as babysitting and medical treatment can be started with an initial capital of Rs. 50,000 or more. Network communication capabilities are the most critical skills required to do well in this business that can take at least half a year to achieve parity and give approximate gross profits of 10 percent.

Housekeeping services for hotels is a proper business idea if an entrepreneur has Rs. 50,000 to start with. With the hotels looking to keep their rooms sparkling clean, this is a good business idea. Good communication and man management skills are necessary to succeed in this domain. This business can provide gross profits of almost 20 percent.

Business Idea for an Investment of Rs. 75,000

Pre-recruitment assessment is a profitable business venture if the entrepreneur has a starting capital of around Rs. 75,000. This service can be helpful in letting companies hire the best possible employees. The companies in this domain can chip in by creating the tests at different levels and then evaluating the candidates based on their performance in the same. Good marketing and sales capabilities are necessary for good performance in this domain. The minimum breakthrough period for this business is two months and it can provide gross profits of nearly 25 percent.

Business Idea for an Investment of Rs. 1,00,000

Entrepreneurs looking to offer custom-made chocolates for their customers can get started with almost Rs. 1,00,000. Making chocolates as per food quality standards is a prerequisite. It is important to love chocolates and be creative to thrive in this business. Expected gross profit in this segment can vary between 30 and 35 percent and the minimum period required to achieve parity is a week.

Business Idea for an Investment of Rs. 2,00,000

If an entrepreneur knows intercity and interstate bus routes really well and has almost Rs. 2,00,000 to invest straight away, then a bus service website can be regarded as a good business opportunity. The website can also provide information pertaining to the ticket rates and the channels for booking them.

However, it is essential to have good IT skills to be successful in this business. The minimum period needed to achieve break even in this business is five months and the expected gross profit is close to 10 percent.

Business Ideas for an Investment of Rs. 3,00,000

A good business idea with a start-up capital of Rs. 3,00,000 is that of custom-made festival gifts. The entrepreneurs can choose innovative gifts, wrap them in an eye-catching manner and then send them to their clients. The entrepreneurs need to be sensitive, creative and understanding and have a good knowledge of gift-makers in the town. It can take at least three months to achieve parity in this business, which can be expected to provide gross profits of almost 20 percent.

Entrepreneurs with such start-up capital can also go for the online ads service business. They can have contacts with the website owners and then get the appropriate space, which can help the clients get access to their target audience.

The owners should have good knowledge of networking and media planning in order to be successful in this business. The minimum time required to come to break-even status in this business is a year and the anticipated gross profit is 20 percent.

Starting a Small Business





Tags : , , , , , ,

Want a New Business Start in 2015? Steal One of These Ideas #local #business #listings

#new business ideas

#

I started thinking up potential large businesses to start a few years ago. It was, for lack a better term, a teaching tool.

I was looking for a way to communicate that the place to begin, if you are thinking of trying to start a company, is with a market need-and not a new idea.

Ideas are too easy. My guess is you could come up with 10 new business concepts before lunch, if you had to.

The problem is once you come up with that idea–say you are going to construct real housing out of Lego blocks, something that has always struck me as a cool idea==you then have to go and figure out if it is feasible, and if anyone-other than an 8-year-old-would live in if it were.

If you have identified a market need, then you are assured that you have a market–the people who have the need.

But is starting with the market need the only way to start a business?

Obviously not. You could start with the idea. And therein lies a potential benefit for you.

Each of the following ideas are yours for the taking. (All I ask is you make a large contribution to the charity of your choice should they make you rich.)

1. Personal shopping for the masses

This one struck me over the holidays. It has been a long time since I had to go shopping for 8-year-olds. Wouldn’t it be lovely if there was a personal concierge you could call who could walk you through what is popular and/or appropriate? High end department and clothing stores already have this service. This would make it available for the rest of us. (And if mass market stores like Target and Toy “R” Us wanted to offer this service to me, I would be happy to pay them for it.)

2. No more, “For customer service, please hold.”

I am usually willing to trade (a little bit of) money for (a little bit) more time. And while you can do mundane things while waiting on hold when you call the cable, phone or electric company, it really is a) annoying and b) the classic waste of time. Your charge? Figure a way that I can pay a couple of dollars a month in exchange for the various companies letting me jump the line when I need help. I don’t think it would be that hard. It really is just a different form of caller ID.

3. A place where you can sell your killer recipes

There are literally millions of great cooks out there. (My wife among them.) And invariably a great cook comes up with a great recipe–or 10. There should be some sort of marketplace to sell them. This idea already exists in other places. For example, people who crochet can sell the patterns they create on Etsy.com

As I said, I am not going to be doing anything with these ideas. I hope they make you a fortune. (As I said, just play it forward once you do.)





Tags : , , , , , , , , , , ,

The Daily – Canadian business counts, June 2015 #home #based #business #opportunities

#canadian business

#

Canadian business counts, June 2015

Nationally, there were 1,250,822 active businesses with employees in June.

In addition, there were 2,586,343 active businesses without employees and with annual revenues greater than $30,000.

Note to readers

Canadian business count s p reviously called Canadian business pattern s p rovide counts of active businesses by industry classification and employment-size categories for Canada and the provinces and territories. Canadian business counts are based on the same criteria that were used to calculate Canadian business patterns. Data are available in CANSIM tables 552-0002 and 553-0002.

The counts are compiled from the Business Register, Statistics Canada’s central listing of Canadian businesses. They are based on the statistical concept of ‘location ‘ that is, each operating location is separately counted, including cases where one business comprises multiple locations. For example, a retail business with 10 stores represents 10 businesses in the Canadian business counts. Generally, among Canadian businesses, 99% are single-location enterprises.

Changes to the Business Register’s methodology or business industrial classification strategies can bring about increases or decreases in the number of active businesses reported in the Canadian business counts. As a result, the data do not represent changes in the business population over time. Statistics Canada recommends users not to use the data as a time series.

Products

Custom extractions for other geographic levels can be ordered on a cost-recovery basis. Data prior to December 2011 are also available upon request on a cost-recovery basis.

Contact information

Date modified: 2015-08-06





Tags : , , , , , , ,

The Top 10 Best Small Business Blogs for Entrepreneurs in 2015 #business #management

#business blogs

#

The Top 10 Best Small Business Blogs for Entrepreneurs in 2015

As a small business owner myself, I know how important it is to stay up-to-date with the ever changing trends that the business world throws at us.

Because I watch very little TV, and rely heavily on the internet for keeping up-to-date with the news, it s somewhat obvious that I d also use the online medium to learn, consume and also produce and market my own content. Bloggers (and increasingly, podcasters, as well as video producers and many are wearing all three hats!) have the ability to express themselves in somewhat ‘real time’, and in an evergreen way, by keeping their content fresh, and sharing their opinions with the world.

However, in the world of business blogging there s a lot of noise. A lot of content marketers are gagging to get your attention, and with only so many minutes a day to devote to learning and consuming content (personally, I put aside around 30-45 minutes daily), you’ve got to be very strict with who’s content you make time for.

This is the reason why I’ve put this list together. This collection are the best small business blogs I know of right now. My personal favorite / go-to people in the world of small business blogging and online business building. Individually they strike a chord with me enough to keep me coming back for more, together they act as an ever-growing encyclopaedia of business brilliance.

Note: These blogs are listed in no particular order of preference, or influence.

Chris Brogan s Blog

Chris is the only repeat awardee on this list, from last year. I ve known this man for several years and he has continued to deliver quality, helpful, thoughtful and inspiring content to every business owner wise enough to tune into what he has to say. I m assuming (heavily!) that you re one of them!

Must Read: Dear Podcaster Chris lays it down in true Brogan fashion. Letting podcasters know exactly how to approach expert guests, record with them and the importance of respecting their time. This SO needed to be said!

Smart Passive Income

It s no secret that Pat and I are very close friends. Known for being the crash test dummy of online business he s launched and grown several business, meaning you can learn what works and what doesn t, directly from watching him. We recently started a new partnership together, 1-Day Business Breakthrough. too!

Must Read: And They Thought I was Stupid – In this post from early 2014 Pat reflects on his decision to starting podcasting and what it s done for his brand along with the 468 comments on the post itself!

Gary Vaynerchuk s Blog

In 2010 I picked up a copy of Crush It! by Gary and became an instant fan. Since then I ve had to chance to have him on the podcast twice, as well as hanging out in the US a little together. Ballsy, to the point and with a BS detector like I ve never seen before, he s an influencer in every imaginable way.

Must Read: Cloud Dirt: How I Do Business – This is a fantastic short film that Gary and his team produced to explain how he feels about business today and why he doesn t focus on anything that won t bring him closer to his goals.

Amy Porterfield s Blog

I often refer to Amy as the Queen of Social Media . But, she has become so much more than that in recent years. Now focusing on everything from list building to product marketing, Amy is paving the way for other entrepreneurs in a crowded space that needs to hear it like it is. She s simply awesome.

Must Read: 3 Strategies to Rapid List Building – I often say that the health and overall success of your online business is directly tied to your email list. This post (and podcast episode) is compulsory consumption for everyone!

Entrepreneur on Fire

Talk about taking the bull by the horns! John Lee Dumas hit the scene a couple years ago and hasn t looked back. In 2014, along with his partner in crime (and life!), Kate Erickson, he turned his podcasting empire into a thriving million dollar entity something rarely seen in the online infomarketing world.

Must Read: 2014: The Year in Review – John and Kate (some would say the real boss at EOFire!) had a remarkable year. In this post they show you exactly how they did it, along with warts and all! Great annual review write-up.

Copyblogger

Copyblogger have long been a guiding light in the very dark tunnel that is content marketing . Brian Clark and his team are still leading the way, with decisions such as cutting comments from their blog, deleting their Facebook page and reinventing content publishing by developing the New Rainmaker platform.

Must Read: Why Copyblogger is Killing its Facebook Page – With social media changing at a drastic pace, sometimes equally drastic decisions are required. Copyblogger shows you the facts behind this big decision.

Convince Convert

It s not one of the top ranked social media and content marketing websites on the internet for no reason! Jay Baer and his team consistently publish amazingly thought-provoking and inspiring entrepreneurial content. Whether it s a blog post, podcast, or an episode of JayToday TV subscribe now.

Must Read: Can You Build a Content Marketing Super Brand – I said thought-provoking for a reason. This ll get ya thinking! A deep dive into Jay s mind as he discusses the in s and out s of developing your own super brand.

Marie Forleo s Blog

I do not know Marie. We ve not met, and other than a few brief social media exchanges, we ve never even spoken. But, boy, oh boy can this lady market the hell out of herself and everything she stands for. Want to build a personal brand? Watch what Marie does, rinse and repeat. She s simply awesome.

Must Read: Can t Turn Off Your Bizself? 2 Quick Steps to Flip the Switch! – In this video (she vlogs, instead of blogs) Marie discusses the importance of switching off as an entrepreneur, and gives us a couple of great tips to get started.

Duct Tape Marketing

John Jantsch is an all-star, old school marketing player that has continued to deliver the marketing and sales goods over and over again. His team produce a blog that s a mix of his experience, coupled together with the new in s and out s of online marketing all thrown into one.

Must Read: How to promote Every Piece of Content Your Create – I loved this birds-eye view of how John and his team cross promote their content archive. This shows you the power of on-going marketing for older content.

Michael Hyatt s Blog

When I think of Michael Hyatt, I think of a Leader s Leader . With over two decades of experience in the publishing world, he has since taken online entrepreneurship to a whole new level with his blog, podcast, products and membership communities. He s a one-man leadership, walking talking workshop!

Must Read: Advice to First Time Authors – This is about as real as advice gets. It s short, sharp, to the point and timeless. Michael s take on everything from finding an agent to considering self publishing is must-read material.

Don t Forget THIS Blog, Too!

Along with these awesome bloggers, podcasters, online video producers and all-round content marketing rock stars, please don t forget to continue to tune into this blog and my podcast on a regular basis. I promise you lots of content to help you become the most productive and profitable entrepreneur possible.





Tags : , , , , , , , , , ,

2015 Small Business Ideas in India Starting #business #directory

#small business ideas

#

Small Business Ideas in India

At present, there are a large number of young professionals who are looking to earn quick money with minimal investment. And with India’s growing economy, there are a lot of possibilities where one can venture into. The ‘Startup India, Standup India’ programme announced by Prime Minister Narendra Modi on Independence Day has been successfully inaugurated in Mumbai’s Thane district. In addition, the Union Finance Minister Arun Jaitley has assured the startups that both the government as well as the banking system would be making resources available to them. As someone who’s intending to enter the world of business, you can soon find a special tax regime that would enable you to foster innovation to an optimum.

Here is a list of business ideas that novice entrepreneurs, having minimal finance options, can utilise to earn maximum profit in minimal return period.

Starting Off with Rs. 1,000

A great business idea to start off with nearly Rs. 1,000 is ultra-short temping services. As a part of this business, the companies provide manpower services on a temporary basis to event management firms. The break-even period for this business is close to 10 months and a gross profit of approximately 20 percent can be expected. An important skill needed to make this business a success is networking. Organizing private tuitions is yet another excellent business idea to earn a handsome income with Rs. 1000. You can plan to be a private tutor by grabbing adequate knowledge about a particular subject. All you need to do is occasional investments associated with purchase of new books in case there is a change of syllabus.

Business Idea for an Investment of Rs. 7,000

A good business idea with a budget as minimal as Rs. 7,000 is a shoe-wash company. Earlier, canvas shoes were cleaned using old toothbrushes and detergent; however, nowadays people have moved on to trendy sneakers and want the shoes to be cleaned by people who are experts in the field, so that the shoes can be maintained properly.

In order to be successful in this business, it is essential to know how to use chemicals and a fair degree of marketing skills are also required. The break-even period for this form of business is at least three months. The businessmen can expect a gross profit of nearly 40 percent in this case.

Business Idea for an Investment of Rs. 15,000

Having a food delivery service is a great business idea if a person has around Rs. 15,000 with them. Nowadays, customers want the best food on their tables without making the efforts to go and get it and this is where a food delivery company can come in handy.

The main skills needed to run this business smoothly are sales and management. This business has a break-even period of two months at the very minimum and can provide gross profits of nearly 20 percent.

Business Ideas with INR 20,000

If a person wants to start a business with Rs. 20,000, they can start making uniforms. Nowadays, even business schools and medical and law colleges are making it mandatory for their students to wear uniforms. Interested businessmen can establish contacts with uniform manufacturing companies and provide dresses at convenient prices. The most important skill in this business is man management and it takes almost a year to break even.

Business Ideas for an Investment of Rs. 50,000

Property management can be a great business idea if you have a start-up capital of approximately Rs. 50,000. The businessmen need to find out a proper workplace and take responsibility for their detailed documentation procedures and thus save a lot of their time. Adequate sales and marketing skills are needed in order to be successful in this business. The company can achieve break-even status within a month and expect a gross profit of around 50 percent. Yet another profitable business venture in this range is phone-based business consulting services. These days, several entrepreneurs are looking to make a name for themselves and the time is right for experienced businessmen to make the most of their skills and knowledge and guide these young enthusiasts with some good business plans. Networking is a critical skill needed to flourish in this business that can take almost four months to come on break-even terms.

Wedding planning is also a good business idea when you have got Rs. 50,000 to start with. Today, wedding ceremonies in India are being organised and celebrated on grand scales and the celebrators might not have the time to properly attend to every little nuance as a lot of time is required in this as well. Wedding planners can help people in such situations. Creativity is the name of the game in this business domain that can provide gross profits of almost 15 percent. However, achieving break-even status will depend on the quality of projects that the company gets.

Concierge services such as babysitting and medical treatment can be started with an initial capital of Rs. 50,000 or more. Network communication capabilities are the most critical skills required to do well in this business that can take at least half a year to achieve parity and give approximate gross profits of 10 percent.

Housekeeping services for hotels is a proper business idea if an entrepreneur has Rs. 50,000 to start with. With the hotels looking to keep their rooms sparkling clean, this is a good business idea. Good communication and man management skills are necessary to succeed in this domain. This business can provide gross profits of almost 20 percent.

Business Idea for an Investment of Rs. 75,000

Pre-recruitment assessment is a profitable business venture if the entrepreneur has a starting capital of around Rs. 75,000. This service can be helpful in letting companies hire the best possible employees. The companies in this domain can chip in by creating the tests at different levels and then evaluating the candidates based on their performance in the same. Good marketing and sales capabilities are necessary for good performance in this domain. The minimum breakthrough period for this business is two months and it can provide gross profits of nearly 25 percent.

Business Idea for an Investment of Rs. 1,00,000

Entrepreneurs looking to offer custom-made chocolates for their customers can get started with almost Rs. 1,00,000. Making chocolates as per food quality standards is a prerequisite. It is important to love chocolates and be creative to thrive in this business. Expected gross profit in this segment can vary between 30 and 35 percent and the minimum period required to achieve parity is a week.

Business Idea for an Investment of Rs. 2,00,000

If an entrepreneur knows intercity and interstate bus routes really well and has almost Rs. 2,00,000 to invest straight away, then a bus service website can be regarded as a good business opportunity. The website can also provide information pertaining to the ticket rates and the channels for booking them.

However, it is essential to have good IT skills to be successful in this business. The minimum period needed to achieve break even in this business is five months and the expected gross profit is close to 10 percent.

Business Ideas for an Investment of Rs. 3,00,000

A good business idea with a start-up capital of Rs. 3,00,000 is that of custom-made festival gifts. The entrepreneurs can choose innovative gifts, wrap them in an eye-catching manner and then send them to their clients. The entrepreneurs need to be sensitive, creative and understanding and have a good knowledge of gift-makers in the town. It can take at least three months to achieve parity in this business, which can be expected to provide gross profits of almost 20 percent.

Entrepreneurs with such start-up capital can also go for the online ads service business. They can have contacts with the website owners and then get the appropriate space, which can help the clients get access to their target audience.

The owners should have good knowledge of networking and media planning in order to be successful in this business. The minimum time required to come to break-even status in this business is a year and the anticipated gross profit is 20 percent.

Starting a Small Business





Tags : , , , , , ,

Skype for Business Server 2015: Documentation for IT Pros #family #business

#business articles 2010

#

Skype for Business Server 2015

Summary: Explore these links to learn how to implement Skype for Business Server 2015.

Lync is now Skype for Business, a communications and collaboration platform that brings together a client experience inspired by Skype with the enterprise-grade security, compliance, and control of Lync. Skype for Business offers features including presence, IM, voice and video calls, and online meetings. Skype for Business provides a new client experience, a new server release, and updates to the service in Office 365. If users in your organization are already familiar with Skype, they’ll appreciate the power and simplicity of Skype for Business where it’s easy to find and connect with co-workers. If users in your organization are coming to Skype for Business from Lync, they’ll recognize all of the features they already use but in a fresh new interface with simplified controls and new additions. In addition to the new client experience, Skype for Business Server provides several new features to improve manageability of on-premises servers and hybrid solutions.

Skype for Business also supports the Lync client experience so that you can choose a phased upgrade approach to the new client experience for your users. For example, you might want to deploy the Lync client experience until users in your organization are fully trained in the new Skype for Business experience, or until all users are upgraded to the new server.

The following table lists the topics in the Skype for Business Server documentation library, and provides links to other information resources, including downloadable content, blogs, videos, and a contact link that you can use to ask questions and provide feedback.

Writers update articles on a continuing basis as new information becomes available and as users provide feedback. This page will be updated frequently, so check back often.

To get started learning about Skype for Business, you’ll want to read the following articles about new features and functionality:

Before beginning your deployment, be sure to read the planning content: Plan for your Skype for Business Server 2015 deployment .

If you are upgrading from a previous release of Lync Server, be sure to read Plan to upgrade to Skype for Business Server 2015.

Prepare for the dual client experience

If you want to compare the features and capabilities of Skype for Business clients, and then learn more about the dual client experience, be sure to read the following:

Learn about Skype Meeting Broadcast

If you want to know more about Skype Meeting Broadcast, a new Office 365 online service for managing large meetings, see the following topics:

Readiness sessions on Infopedia

The following readiness sessions are available on Infopedia. Registration is required:

You can find training materials, including articles and Quick Start Guides, on the Learning Center .

The following articles describe how to plan for, deploy, and use all the features of Skype for Business Server.

Skype for Business Server 2015 content for IT Pros

You’ll find content for IT Pros on TechNet. The following articles are good places to start:

Skype for Business Online content for Office 365 admins

Information about Skype for Business Online is available at http://support.office.com. If you want to know more about the Office 365 service, and whether a hybrid solution is right for your organization, read the following:

Skype for Business clients

Information about the Skype for Business desktop clients is available at http://support.office.com. Here are some resources that can help you get your end users ready for Skype for Business:

Information for developers

Information for developers can be found on the

Skype Developer Platform includes links to Unified Communications Managed API (UCMA 5.0), Unified Communications Web API (UCWA 2.0), and Skype Web SDK.





Tags : , , , , , , ,

2015 Top Franchises from Entrepreneur s Franchise 500 List #stockmarket #today

#franchise opportunities

#

2015 Top Franchises from Entrepreneur s Franchise 500 List

Understanding the Ranking

There’s a lot that goes into putting together the first, best and most comprehensive franchise ranking in the world. Here’s a behind-the-scenes look at Entrepreneur’s 37th annual Franchise 500 .

The process began in July 2015, when we asked franchisors to participate in our survey. Each submission was vetted before being entered for data analysis; 951 companies made the first cut. Of those, the top 500 became the Franchise 500 ranking, based on financial and statistical data from July 2013 through July 2015.

Only franchise companies that supply a full Franchise Disclosure Document (FDD) or Canadian Disclosure Document and whose information is verified by Entrepreneur can receive a listing. To be eligible for the Franchise 500 , a franchisor must have a minimum of 10 units, with at least one franchise located in the U.S. The company must be seeking new franchisees in the U.S. and it cannot be in Chapter 11 at the time the ranking is compiled. (The exception to these rules is Canada-based companies that are expanding only in Canada.)

All companies are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. We also consider the number of years a company has been in business and the length of time it’s been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. Financial data is analyzed by an independent CPA.

We do not measure subjective elements such as franchisee satisfaction or management style. The objective factors are plugged into our exclusive Franchise 500 formula, with each eligible company receiving a cumulative score.

Remember that the Franchise 500 is not intended to endorse, advertise or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise. Read the FDD and related materials carefully, get help from a franchise attorney and a CPA in reviewing any legal or financial documents, and talk to as many existing and former franchisees as possible and visit their outlets. The best way to protect yourself is to do your homework.

Research compiled by Tracy Stapp Herold and J.R. Jimenez with assistance from Hava Arieh, Rick Ignarra, Nicole Jurinek, Yvette Madrid, Jessica Nguyen and Giuseppe Ricapito; technical assistance from Angel Cool and Daniel Sibitzky; financial analysis by David R. Juedes, CPA; graphic design by Karen Meneghin.

More Franchise Rankings

100 franchises for under $60,000





Tags : , , , , , , , ,

Best Credit Cards for Small Business of 2015 #women #business #loans

#small business cards

#

Best Credit Cards for Small Businesses

Francesco CorticchiA & Mdash;Getty Images

See this year’s top picks for budding entrepreneurs and established owners.

MONEY and NerdWallet have picked the best credit cards in five different categories: cash back. borrowing. travel rewards. student. and small business cards. Most of our picks assume you are using cards strategically to maximize rewards, and paying off your bill each month to avoid fees and finance charges. MONEY also went one step further this year to add an easy choice the best no-muss, no-fuss, no-annual-fee option.

Easy Choice: Capital One Spark Cash Select for Business

  • APR: 0% on purchases for nine months; then 13% to 21%
  • Annual fee: $0
  • Sign-up bonus: $200 after spending $3,000
  • Rewards: 1.5% cash back on all purchases
  • Why it s a winner: For stable, successful small businesses, Spark is an all-around winner, with no annual fee and cash back on every dollar spent. If your firm s outlay is $5,000 a month, for instance, you ll clear $2,000 back in two years, factoring in the $200 sign-up bonus. Add employee cards for free to boost your rewards.
  • Caveat: If your business maintains revolving balances, find a card with a lower financing rate.

Best for Borrowing: U.S. Bank Business Edge Platinum

  • APR: 0% on purchases and balance transfers for the first year; 10% to 18% after that
  • Annual fee: $0
  • Why it s a winner: The U.S. Bank Business Edge Platinum is ideal for bootstrapping startups, debt-carrying small enterprises, and other small-business owners for whom borrowing costs are paramount. It offers the lowest APR without incurring an annual fee. You also get a year s worth of runway to pay off big purchases or tide you over until cash flow picks up.
  • Caveat: With no rewards or sign-up bonus, this no-frills card is really only for businesses with ongoing debt.

See all of MONEY s picks:

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms Conditions. Powered and implemented by Interactive Data Managed Solutions

2016 Time Inc. All rights reserved. Part of the Fortune.com Sites. Powered by WordPress.com VIP

YOU BROKE MONEY.COM!

Dear MONEY Reader,

As a regular visitor to MONEY.com, we are sure you enjoy all the great journalism created by our editors and reporters. Great journalism has great value, and it costs money to make it. One of the main ways we cover our costs is through advertising.

The use of software that blocks ads limits our ability to provide you with the journalism you enjoy. Consider turning your Ad Blocker off so that we can continue to provide the world class journalism you have become accustomed to.





Tags : , , , , , , ,

Small Business Finance Markets Report 2015 #internet #business

#small business finance

#

Small Business Finance Markets Report 2015/16

The Small Business Finance Markets Report 2015/16 shows that the market for small business finance is improving, however a number of challenges remain:

  • A lack of businesses scaling-up is hampering UK productivity – there remains a need to stimulate a greater volume of scale-up businesses and SME exporters to counteract the UK’s lagging productivity. OECD data shows that Britain is near the bottom of the table for the percentage of businesses that grow to more than 10 employees after three years.
  • A need to delivery further diversity in the small business finance market – there is an ongoing need to accelerate the evolution of a diverse and accessible range of finance options to drive competition and choice for smaller businesses. The four largest banks still account for 80% of the small business loan market in 2014, with many small businesses not looking at alternative finance options beyond their main bank.
  • Supporting growing SMEs across all UK regions – the finance landscape remains uneven across the UK. To help rebalance growth, an increased availability of finance for smaller businesses across the UK is required. 71% of total SME equity investment is accounted for by London and South East based companies.

DOWNLOADS

2015 Business Finance Survey: SMEs

This survey, undertaken by BMG Research for the British Business Bank, follows on from the previous 2012 and 2014 “SME Journey” surveys to explore SME awareness of different types of external finance and their experience of raising finance. We have extensively used the findings from this survey within our new Small Business Finance Markets 2015/16 report to assess how finance markets have changed.

Amongst the findings, this survey shows a continued increase in business awareness of alternative finance types, including peer-to-peer lending and crowdfunding. The research also shows that a higher proportion of SMEs are aiming to grow in the next 12 months (56%), compared to 46% in the previous 2014 survey.

2015 Business Finance Survey: Mid-caps

This survey, undertaken by BMG Research for the British Business Bank, assesses the characteristics of mid-caps (businesses with £25m-£500m annual turnover) and their experience of raising external finance. The survey finds that mid-cap businesses are more likely to use and seek external finance compared to SMEs, and are also more likely to obtain finance. In addition, a high proportion of mid-cap businesses (79%) are aiming to grow in the next 12 months.

Methodology Consultation: Assessing the Unmet Demand for SME debt finance

The British Business Bank would like to consult with interested stakeholders on appropriate methodologies for assessing the unmet demand for SME debt finance. The consultation seeks views on our proposed methodology and suggestions for alternative methodologies or additional data sources.





Tags : , , , , ,

The Top Small Business Software for 2015 #business #news #articles

#business software

#

Having the right software for your business needs can mean the difference between getting things done or. having tasks linger, unaddressed, on your to-do list.

Unfortunately, most top software companies often focus on larger businesses. rather than small enterprises. As a result, many of their solutions are either unaffordable or loaded with features smaller companies don’t need.

Not all software is this way. More and more, software providers are offering small business versions of their enterprise solutions or are targeting the small business market with programs uniquely designed to meet its needs. If you’re in the market for a new tool, here are a few of the top small business software solutions to consider in 2015.

Accounting

If you’re like most entrepreneurs, chances are you’re good at what you do–but significantly less practiced at the administrative side of running a business. But whether you’re knowledgeable or not, needs like accounting must be taken care of. Any of the following tools will help get your books in order, whether you do so in order to manage your own finances or to pass your information on to your CPA.

QuickBooks

One of the most recognized names in small business accounting, QuickBooks offers both desktop and online versions (depending on the needs of your company and the experience of your team members), you may prefer one over the other. Regardless of the option you choose, Quickbooks is reasonably affordable, though taking full advantage of the program does require a bit of training.

As an added bonus, most accounting firms are experienced with QuickBooks. If you plan to seek outside support for your business’s finances, give this program a shot, as its widespread familiarity will make transmitting your data to your accountant a snap.

FreshBooks

If QuickBooks proves to be a bit of an overkill for your startup’s needs, check out FreshBooks. This cloud-based accounting software program is easier to use than QuickBooks and supports over 50 integrations–including payroll and email programs. FreshBooks features a 30 days free trial and subscription-based pricing from $19.95 per month up to $39.95 per month after this period.

Wave Accounting

Another cloud-based accounting tool, Wave Accounting has been named the best free accounting software for small businesses by Business News Daily. It’s important to note that Wave is for very small businesses–in particular, companies with fewer than 10 staff members will get the most out of this QuickBooks alternative. That said, it provides excellent functionality for free, with free user forums for support or live support packages starting at $9 per month if your needs are more complex.

Human Resources

Scaling your startup by bringing on employees is a major milestone for small businesses. But despite the game-changing nature of this step forward, few entrepreneurs take the time to fully address their human resources needs or to implement the HR technologies that can streamline these systems.

Instead of letting your human resources needs get out of control as you expand, put one of the following tools into place as soon as possible:

Zenefits

This all-in one human resource software program gives you access to benefits management, payroll processing, onboarding tools and more. Even better, many Zenefits features can be set to run automatically after your initial configuration, significantly reducing the amount of time you need to spend on these tasks on an ongoing basis.

As an added bonus, if your small business uses contractors rather than–or in addition to–regular employees, Zenefits makes it easy to manage their details as well, allowing you to track their compensation and handle their tax needs from within a single program.

BambooHR

Like Zenifits, BambooHR is a cloud-based HR system that’s simple interface and intuitive design make it a great fit for small and medium sized businesses. Although the program is exclusively an online human resource information system, it does integrate with other payroll solutions or applicant tracking software, giving you easy access from one central dashboard.

sumHR

Finally, sumHR is a great small business HR software program that focuses on attendance, leave, and payroll functions. If you’re looking to take your employee directory out of the spreadsheets and into a professional program, sumHR may be the solution for you. The company is also planning on adding new features soon, including reporting and performance reviews, making it one to watch into the future.

Scheduling

Plenty of small businesses have scheduling concerns to deal with, whether yours come in the form of hourly workers or customer appointments to be booked. But despite the widespread nature of this problem, many of these companies still rely on outdated pen and paper scheduling books which are both time-consuming to manage and vulnerable to human error.

There’s got to be a better way–and there is! Check out any of the following programs for your scheduling needs:

When I Work

Scheduling staff hours doesn’t have to be difficult–When I Work makes the process intuitive and simple, helping to reduce absences and avoid employee miscommunications. When I Work offers mobile accessibility so that staff can see their schedules, trade shifts among themselves and request time off while on-the-go. The program’s pricing comes as a monthly subscription fee that’s based on the number of staff you manage–up to 20 staff can be scheduled for $29 per month.

Booker

If you have clients that need to make appointments or you offer classes that your customers need to sign up for, Booker makes it easy. Once installed, you can attract customers from your website or social media profile and bring them to a central site where they can then book appointments. The site is optimized for mobile users, making it easy to build relationships with clients through the program’s provided messaging and retention tools.

Genbook

Another solution for online booking, Genbook allows your customers to book appointments while also giving you the tools needed to manage your business, staff, and reputation. Genbook allows your former customers to post reviews of your company, giving you immediate credibility with new clients. Your staff can access the schedule and receive reminders, and you can publish promotions and share them on social media. To give this innovative program a try, take advantage of Genbook’s 30-day free trial (post-trial prices range from $20-$70 per month).

Small business software can be a difficult world to navigate, but the good news is that there are plenty of companies out there doing it right. Whether you need help with your accounting, human resources or scheduling needs, the software listed above will help launch your company successfully into 2015.

What’s your favorite small business software program? Why? Share your recommendations by leaving a comment below!

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.





Tags : , , , , , ,