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Tips For The Lifestyle Entrepreneur

October 21, 2011   Kraig Grayson

The following is a contributed article:

I’m a “lifestyle entrepreneur”. Ten years ago after the birth of my first daughter, I launched a contractor referral business from home. As a new mom, my spare time was limited. I wasn’t willing to work outside of my home or sacrifice time with my new family but I did need to earn an income. With that in mind, I created a business that fit my abilities as well as my lifestyle.

If you’re considering the launch of a home based business, below are three essential tips that will help you incorporate a new business into your busy lifestyle:

1. DEFINE YOUR HOURS: Take a look at your schedule and pinpoint the hours of the day that you’re able to devote to your business. If you’re a “morning person”, plan to wake up one hour earlier to work. If you prefer to work in the evenings, go to your home office after dinner or after your kids have gone to bed. Need to schedule work hours around a full time or part time job? Call forward your business line to a cell phone and return calls during your commute to and from work or during your lunch hour.

2. USE THE INTERNET: The Internet is a phenomenal tool for a home-based business operator. It allows you to promote your business 24 hours a day and communicate with clients even when you’re out of your office. For example, if you launch a website for your business, set up a form with an autoresponder message so that potential clients can contact you at any time and receive an immediate acknowledgement via e-mail. And, if you collect names and e-mail addresses of visitors to your site, you can follow up with a monthly or quarterly e-newsletter which is easier and more affordable to send than postal mail.

3. WORK EFFICIENTLY: No matter how many hours you have to devote to your business, use your time well. If you’re only able to work 1 or 2 hours per day, focus your energy on the money-making aspects of your business and outsource other business responsibilities that require a particular area of expertise such as web design, copy writing, accounting, etc.

Finally, if you feel that you’re time is too limited and you’re not able to accomplish everything you need to do for your business, consider launching your business with a partner and divide business responsibilities based on your individual talents.

Debra Cohen is President of Home Remedies® of NY, Inc.–a Homeowner Referral Network (HRN). Ms. Cohen is also author of a business manual entitled “The Complete Guide To Owning And Operating A Successful Homeowner Referral Network.” To date, Ms. Cohen has assisted more than 400 other entrepreneurs launch successful HRN’s nationwide. For more information about starting an HRN in your area, visit the HRN website by clicking here.

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Free Downline Builder

October 14, 2010   Kraig Grayson

Are you a member of a program, like GDI or SFI, and need to get a downline in them quickly? If you are, then you should know by now that you are not alone. There are thousands of persons out there who are a part of programs that allow them to refer persons and build their downlines so that they can benefit from residual income who are not getting the results they were looking for. Some persons are members of several programs and they find it hard to promote all of their affiliate links in different places since some places, like surf sites and safelists, only allow you to use a certain number of links in your ads or surf account. The best thing for people like that to do is to use a free downline builder which allows them to use one link to promote all the programs that they are a part of.

Think of it. Imagine having say five or more programs that you want to promote. Instead of promoting 5 different links, you promote one link from the free downline builder so that anyone who signs up through your link will have to sign up to your programs through your referral links! It really is quite simple. So, if you need to build your GDI downline, etc., get your free account at the free downline builder and start building multiple downlines for multiple programs all with one link.

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TCBY Franchise Investment

April 09, 2010   Kraig Grayson

Franchises are nothing new. In fact, there are thousands of them all over the world. Some big names that you can think who deal in selling fast food, supermarket chains, restaurants, and so on all have franchised operations in many countries or across many of the US States. TCBY, i.e. The Country’s Best Yogurt, also franchises its operations to persons or companies that are able to foot the costs associated with such a franchise investment. People love yogurt and it sells very easily especially since it is a novelty that many of us have a craving for. So running a TCBY franchise can be quite a profitable venture.

In the event that you decide to apply for a TCBY franchise, it is important to ensure that your minimum net worth is about $200,000 seeing that there are numerous costs associated with setting up and operating a franchise. The TCBY franchise investment website outlines everything you need to know about owning a franchise, including a breakdown of fees and royalties. Overall though, you would need between $143,000 and $350,000 on average to be able to successfully set up a TCBY franchise. More details are available about this on the website.

If you feel that you are financially able to undertake the operation of a TCBY franchise, then by all means go ahead. You can request more information about TCBY’s franchise opportunities by filling out the form on their website and submitting it. You can also contact them by calling 801.736.5737 (local) or 801.736.5734 (international).

The preceding was a sponsored post.

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Chain Stores

August 06, 2007   Kraig Grayson

The definition by Wikipedia of Chain Stores is: “Chain stores, or retail chains, are a range of retail outlets which share a brand and central management, usually with standardized business methods and practices. They are a type of business chain. Such stores may be branches owned by one company or franchises owned by local individuals or firms and operated under contract with the parent corporation. Features common to all chains are centralized marketing and purchasing, which often result in economies of scale, meaning lower costs and presumably higher profits.”

Some of the more famous chain stores include K-Mart and Wal-Mart. They can be found in many locations all across the United States. As the definition above states, these stores have a central management system that have utilize a marketing and purchasing structure that helps to save on costs and thus increase profit margins. There are other chain stores that are not as big as these two but operate in a similar manner. There are also Restaurant Chains, like KFC and Burger King (which really franchises but have parts of the chain store structure) that are food chain stores and are located in many countries all over the world.

Back to Wikipedia, “A restaurant chain is a set of related restaurants, usually with the same name in many different locations either under shared corporate ownership or franchising agreements, … built to a standard format and offer a standard menu. Fast food restaurants are the most common, but there are also midscale upscale establishments (Applebee’s, T.G.I. Friday’s, Ruby Tuesday, Olive Garden etc.). Restaurant chains are often found near shopping malls and tourist areas.”



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Business Franchise

July 01, 2007   Kraig Grayson

A Business Franchise is a business that is operated under the method of Franchising. Franchising is the licensing of trademarks and methods of doing business to another local or foreign entity. Simply put, a Franchise is a business operation that has been granted a license to operate under the name of another business. Franchising is a business concept that spans the entire world. It is by this means many companies have become big household name brands. The franchise operator does not necessarily have to operate in the same field as the company that it is franchised to operate, though it would be ideal.

Examples of franchises include Burger King, KFC, Wendy’s, True Value, Taco Bell, Subway, Texaco, BP, Pizza Hut, and many others. All these companies operate in hundreds of countries all over the world, not by the parent companies themselves but by franchise holders. The franchise holders can be other business entities, private individuals and firms, or even merged groups. In Jamaica, Restaurants of Jamaica, Limited are the franchise holders for KFC and Pizza Hut. There are other entities that are franchise holders for gas companies like Shell and BP, hardware chains like True Value, and other fast food outlets and stores. By means of franchising, brand recognition and strength are achieved, thus driving up sales and ultimately profits.

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