TOILET ROLLS PRODUCTION IN NIGERIA THE BUSINESS PLAN

The nations annual toilet roll requirement as been estimated at 105 million units out of which local production can only meet about 800 million units. The short fall in supply translate to a market gap estimated at about three hundred and seventy five million (N 375,000,000) annually in revenue and an investment opportunity for savvy investors to exploit.

Drinking Straw Production

The lucrativeness of this business is that above measurement as it’s a product that has only one time application/usage- that is drinking straw is a product that is used once, no one uses a particular straw twice neither do two individuals share a straw thus it’s a USE AND DEMAND PRODUCT (UDP) making demand high. Okay! I believe you’ve got it for am not here to neither lecture nor disturb you with this bulky details rather am here rather for you to understand and profit from this business so please read on………………………

LIQUID SOAP PRODUCTION

Learn how to make money producing liquid soap, the market for liquid soap is growing and is still growing and location is not a detriment to its highly demand as there are individuals, households, churches, schools, laundry, hospitals around to patronize your products. So in the end you will learn all you need and will be able to produce good quality liquid soaps. \

Make Money From Custard Production Business

CUSTARD PRODUCTION FOR MONEY A business that will always spin money into the bags of the producer/ manufacturer is the food production business as man can never skip through a 24hours interval without food. One of such production business that is sure to ensure financial availability to the producer is the custard production business.

How to Create an App and Start Earning Money in 7 days

Yes it’s a new year, new privilege, privilege to start up a business, privilege to maintain the already started business and also a privilege to still expand your business borders. As a new year, you might as well consider the best business opportunity for the year 2013- “success” they say is doing the right thing, at the right time, at the right place with the right people.

Showing posts with label GUEST POST. Show all posts
Showing posts with label GUEST POST. Show all posts

Tuesday, 9 July 2013

Finding Small Business Finance For Your Franchise Shop




Finding Small Business Finance For Your Franchise Shop

Shelly Brooke, a young entrepreneur with a degree in management studies from a top-notch university, is planning to get a franchisee of a famous retail chain. She is not alone in doing so going by the recent industry trends and statistics. An increasing number of small entrepreneurs are deciding in favor of a franchisee purchase rather than opening an entirely new venture. The shift in attitude of business people towards franchise setup has largely been brought over by the perceived benefits attached to franchisee buying than getting involved in an independent startup. Grand plans of expansion and deeper penetration into the consumer markets by bigger corporate chains has also been a critical reason why franchisee route seems an easy option for young turks.
                                                 
read also:  ebay basics
                 Guest post on Abode Business
                 money make money! Bulksms Business





Buying a franchisee of a reputed brand can churn greater revenues without making the entrepreneur struggle hard to establish it on a firm foothold. There are fewer hardships in buying an already-proven franchisee than as experienced in the case of a new venture. A small business entrepreneur will not have to worry about building the name of the franchisee in the market as marketing and branding concerns are already taken care of by the franchisor.

Besides the advantage of cashing in on an already established brand name in the market, small business owners of franchisees can also rest their concerns about franchise financing. Securing funds to drive the franchisee forward is not too difficult. Franchisee business loans are made available by banks and private lenders. At the same time, there are other means through which franchisee funding has become easy to attain. Availability of funding options for franchisee purchase has encouraged entrepreneurs to go for franchisee buys than to get muddled up in new ventures. Following are a few effective means of finding funding sources for a franchisee shop.

Access Bank And Private Funding
Banks are taking on an encouraging role in the credit markets to make funds readily available to small businesses and young entrepreneurs. Business owners approaching banks with solid franchisee buying plans are getting adequate fund support from banks as franchisee route is considered a safer option than independent startups. The most critical things to ensure for being eligible for franchisee business loans from banks are improved credit scores, strong financial background, a lucrative business plan and also proof of loan repayment capacity. Bank franchisee loan request for purchase of a franchisee may get declined or rejected if a small business owner fails to meet any of the standard application norms or acceptance regulations as required by banks before providing financing aid through loans. Furnishing complete financial information is necessary to let the bank evaluate the financial position required to sanction a loan to buy a franchisee.

Showing Proof Of Consistent Cash Flow
Franchisee business loans are made available to new businesses and small firms on the condition that they provide the lender with authentic and necessary proof of consistent financial performance. Private lenders and traditional sources of financing are often wary of lending to organizations that lack in consistent cash flows. Inconsistency in any profit or financial statement is a red flag for lenders when reviewing the business loan request for a franchisee purchase. Small entrepreneurs with better track records are likely to get approvals for their franchisee business loans proposal than those failing on the parameter of good business performance.

Choose Franchisee Wisely
Choice of an entrepreneur with regard to the purchase of a franchisee of a brand often affects their funding. Lenders show willingness to finance a borrower if it has plans to open a franchisee of a well-known conglomerate. Small businesses with plans of buying franchisee shops of lesser-known companies are less likely to receive strong financial support from banks and private lenders. Adverse economic environment has made banks adopt a cautious lending approach towards borrowers with plans to set up franchisee of high-risk profile companies.

Take SBA Loans
The U.S. Small Business Administration (SBA) is renowned for extending financing help to small businesses in the country for promoting their growth and driving the national economy. Among the variety of loans they offer, franchisee business loans form a critical share of loans extended to new startups for fueling their plans to buy franchisees of well-established brands. The best part about taking SBA-backed loans is that there is no requirement of small businesses to secure collateral against their loans. Records showing healthy business performance by a franchisee loan applicant can help it to secure funds for franchisee purchase. Often such loans are extended at favorable repayment lines and with minimum interest rates.

Internal Financing
Often franchisors provide with funding support to capable small business applicant who it finds eligible to set up a franchisee shop. When taking on the internal funding support extended by franchisor, an applicant may get exemption from the initial franchisee fees. Besides, the beneficiary of internal financing from franchisor may not be required to pledge a collateral for the loan.

Tapping Retirement Funds
When other financing sources for buying a franchisee dries up then it is best to look at the personal savings. Taking out money for the Individual Retirement Account can provide a small business borrower with enough funds to purchase a franchisee.

About Biz2Credit
Founded in 2007, Biz2Credit is a leading credit marketplace connecting small- and medium-sized businesses with lenders, service providers, and complementary business tools.  The company matches borrowers to financial institutions based on each business’s unique profile — completed in less than four minutes — in a safe, efficient, price-transparent environment.

Biz2Credit’s network consists of 1.6 million users, 1,100+ lenders, credit rating agencies such as D&B and Equifax, and small business service providers including CPAs and lawyers.

Thursday, 4 July 2013

Guest Post on Abode Business


Guest Post on Abode Business
hello and welcome, thanks for taking out time to visit us, we so much appreciate, i have been receiving emails and emails on quest post proposal and request and i thought it wise we discus it here. i have been asked frequently and have answered questions about quest blogging on www.abodebusinessonline.com, many have sent article that after review was against the terms of Abode business.

                why online business is a safe option
                 how to interest people with your business


please i must first say thanks to as many that have sent those mails, and for those that sent article that wasn't published  hope you didn't misunderstood my stand about it  i appologise.
Criteria
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  1. Non web duplicate content: here we wish to make note of the fact that we will appreciate good content but not good copied or duplicated content, most articles have been disapproved because of this, please to those that its article was disapproved we sincerely apologize but still respect and appreciate your interest in Abode Business that made you want to share a content with us. we advice if  you consider an article interesting and perfect for all Bode Business Men&Women the we appreciate you share it via comment and a link not via quest post.
  2. word count: in short we desire quality and not quantity like i made mentioned to one quest post acquaintance of mine, so in that we accept 400 words and above.
  3. links: about links to be displayed we accept only 3 links per page.
  4. about author(s) about authors can be included.
  5. images if considered, videos and image can be added but based on its content.
i think based on this criteria above abode business will boost of more quest post with unique contents.
leave a comment, questions and more below.

Monday, 3 June 2013

4 REASONS INTERNET AND TECH PATENTS CAN BE TRICKY


About the Author: Brett Gold writes on legal issues in the Chicago area. Brett gives guardianship advice to those in need.  He spends time with his wife and on vacations has backpacked all over the U.S.A.


4 Reasons Internet and Tech Patents Can Be Tricky

Our world is driven by technology. Long gone are the days when a computer took up an entire room. Now we have computers that can fit in the palm of our hands and smart glasses that we can control with our voices. It seems like there is no end to the kind of social change that can be driven by innovative technology. Many people credit Facebook and Twitter for the overthrow of the dictator, President Hosni Mubarak, of Egypt. Technology is in the news every day, and cyber warfare has become a standard weapon of war. But whether technology is being used for good or for bad, it is important that you protect your ideas and your technology with the available intellectual property rights. But patents for technology and the Internet can be tricky. Below are four reasons that Internet and tech patents can be confusing.

#1 – Tech patents are more than just patents; they are drivers of global business. Last summer, the country watched as the “Smartphone Wars” raged between Apple and Samsung. The litigation went on for weeks and the evidence was reported daily. But the trial was about much more than just a pile of patents. According to the New York Times, “Patents can be powerful tools for determining the rules of engagement for major companies in a fast-growing industry like smartphones. Patents are declarations of invention that are often easily obtained from government patent examiners, but their real value — their validity and strength — is determined in court. A few significant rulings in favor of one side or the other, industry and patent experts say, could shape the competitive landscape in smartphones and a sister industry, tablet computers. Court decisions, they say, can provide the basis for negotiating the terms and cost of licensing and cross-licensing of patents — or for keeping certain patented features exclusive to one company.”

#2 – You need to get international protection. As an American company, you probably already know that you need American patents and trade secret protection to keep your ownership if your technology and inventions. But if you are smart, you will also get international protection. According to Adonis A. Neblett and Richard E. Weiner of the law firm Fredrikson, “Confidentiality agreements that would be enforceable in the United States may be invalid in foreign countries… If you really want to protect your technology abroad and are concerned about these obstacles, you need to strategically file patent applications directly in individual countries and/or file an international patent application.”

#3 – You will probably need to hire an expensive lawyer. Patent applications in general are difficult to navigate, and technology and Internet tech patents are often more complicated. So you are going to need to hire a patent attorney, and preferably one with a strong technology background. These lawyers do not come cheap – four hundred dollars an hour was on the low end of Apple’s lawyers’ rates in the aforementioned smartphone wars.

#4 – The patent system is becoming outdated as technology advances quickly. As more and more companies create more and more technological advances, they are all filing for patents and the total number of patents granted continues to grow. The New York Times reported, “In smartphones, some analysts say, the sheer number of patents and the speed of innovation in product development undermine the power of patents. Because a smartphone combines many communications and computing technologies, as many as 250,000 patents may touch the device, according to estimates by RPX, a patent licensing company.”

About the Author: Brett Gold writes on legal issues in the Chicago area. Brett gives guardianship advice to those in need.  He spends time with his wife and on vacations has backpacked all over the U.S.A.

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