• October 31, 2017 /  Trade & Franchise
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    Many years ago it was the norm that when someone wanted to go into business for themselves it meant using one’s own instincts and depending on one’s own personal know-how and also observing the way that the market was going to move. However, things have changed and franchises have become the new way of doing things which has led to much prosperity for franchisees. Essentially, a franchise is duplication of business concept that has proven successful for the parent company and it also means that the franchisee is the owner who hires his or her own staff and looks after the day-to-day working of his franchise in which the stakes are high since the franchisee has invested his own time, money and effort in running the business.

    An Already Established Concept – Another advantage to owning a franchise is that the concept has already been established and there will already be a proven track record of success. Also, the franchisee is well within his or her rights in using the trademark of the company and also its brand name which gives a license to the franchisee to market products that already has the brand recognition and which is already popular with the customers. Thus, having a franchise means tapping into a market that has already been established and is ready for more business.

    When one takes a franchise, there is assured support on the part of the franchiser, and even though you may running the business on your own, there is always an extra opportunity or two available from the parent company and assistance too is always forthcoming. Since a majority of franchises are turnkey projects, it means that after signing the agreement, the franchisee gets all the equipment as well as supplies that are necessary to grow the business further, and this is something that sets franchising apart from other business concepts.

    Next, when one takes a franchise there is less need for capital as compared to starting a business for yourself, and this can be attributed to the fact that you will already be getting experience and also a tried and tested system that the parent company has operated with success, and for which you do not have to spend unnecessarily such as on trial and error ideas. And, it also means getting supplies at lower costs because the parent company has already negotiated prices with suppliers and this benefit is passed onto the franchise.

    Other benefits to starting a franchise includes getting wider promotional campaigns, benefits of ongoing R & D programs, having the status of a company, not taking any more risks than are necessary, and getting a set of quality standards that are unified. Thus, with all these benefits, it is easy to see why other forms of business concepts are not able to compete with franchising.

  • October 31, 2017 /  Banking & Money
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    Private banks are flourishing heavily in India, which is fast becoming a major economy. With the literacy level going up in the country and the economy showing good promise, more and more private banks are setting up their branches in India. No matter whether these banks are foreign banks or Indian banks, they are offering top-rated positions to candidates along with good salary and other facilities.

    For a list of private bank jobs 2012 that are available, you can consult the internet. Some banks keep updating notifications on their websites and also float advertisements when they are recruiting. However, it is true that the private sector banks love their MBA-holding candidates. Hence, they have made it their habit of recruiting in the countrys top B-schools. The banks conduct campus interviews in these B-schools and recruit candidates based on their profile, resume and talent. Confidence and personality play a big role when one is looking for private bank recruitment 2012.

    Hence, if you are anxious about your chances, you need to groom yourself up and prepare yourself for the tough questions in the interview. The questions are designed more to test your presence of mind and your smartness. So, you need to show confidence and alertness. Do not falter or fumble or show signs of nervousness or weakness even if you do not know the answer. It is important to keep your confidence level high and honestly admit that you do not know the answer to the question. In fact, it will be advisable that you should go ahead and ask the interviewer the right answer to the question. That would show that you are curious and eager to learn things about which you have little idea.

    Again, while applying for the post (before the interview), make sure to look at your needs and requirements. Are you ready to travel? Are you ready to shift your base? All these factors also play a huge role in helping you make the decision. Before signing the contract, make yourself completely familiar with the terms and conditions.

  • October 30, 2017 /  Trade & Franchise
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    Warehousing Winnipeg refers to the activities involving storage of goods on a large scale in a systematic and orderly manner and making them available conveniently when required. It also means storing goods in huge quantity from the time of their purchase or production till their actual use or sale.

    Warehousing Winnipeg is of great importance to businesses for a number of reasons. Seasonal production and seasonal demand of goods is one of the main reasons of warehousing Canada. Agricultural products need proper storage because they are harvested during certain seasons but are consumed through out the year. Therefore they must be stored in safe place from where they can be supplied when required. Some goods like woolen clothes or umbrellas are required only during specific seasons but the production of these products take place all through out the year to meet the seasonal demand. Therefore, there is a need to store these goods in a warehouse to make them available at the time of need.

    Warehousing Winnipeg becomes a prime necessity for the manufacturers when they produce goods in huge quantity to enjoy the benefits of large-scale production which is more economical. Manufacturers are always in need of space where they can store their finished products to meet the future demands of their customers. To meet the requirement of continuous production in factories, manufacturers are always in need of adequate raw materials. So, they need proper warehousing Canada to keep sufficient quantity of stock of raw materials available to ensure continuous production.

    Business communities derive a lot of benefit from warehousing Winnipeg. It provides necessary facilities to business men for storing their goods when they are not required for sale. It minimizes losses from breakage, deterioration in quality, spoilage etc. These days, warehouses adopt latest technologies to ensure that there are no losses, as far as possible. Modern warehouses make use of all latest mechanical appliances to handle the goods. These appliances ensure that all heavy and bulky are loaded and unloaded easily without causing any harm to delicate and heavy goods. Storing seasonal goods in warehouses ensure regular flow of goods throughout the year. They are generally located at convenient location near different transport facilities. This also reduces the cost of transportation of goods. Due to the above quoted reasons, it is right to say that warehousing Winnipeg is one of the most important auxiliaries to trade.

    If you want to know more about warehousing Winnipeg or warehousing Canada, please visit rollys.com

  • October 29, 2017 /  Trade & Franchise
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    When people consider investing in a franchise opportunity, they often envision all the benefits of owning their own business. However, those early months of getting a franchise off the ground can be stressful and require long hours and some skills a franchisee may not have. In this case, it is often worthwhile to consider finding an operating partner.

    Finding a franchising partner is not an easy task and should not be done with haste. Unit owners will want to engage a talented individual with skills that complement their own. For example, an owner fresh out of college should look for an individual with experience in the field, explains Franchising.com. But even those business veterans with 20-plus years of experience can benefit from a partner with a significant business background.

    There are three strategies the Web site suggests franchisees consider when seeking an operating partner. First, unit owners should make sure any business individual they decide to team up with shares the same goals and objectives for the franchise unit. One way to get a feel for individuals’ motives is to ask prospective partners about their business and personal philosophies, the hours they are willing to work in the beginning stages and if they are interested in long-term growth.

    An operational partner should also possess complementary skills – unit owners should not seek clones of themselves. To begin determining what attributes and experiences the franchise could benefit from, owners will need to take an honest look at their own skill set. The Web site suggests considering areas such as marketing, managing, finances/accounting, customer service and technology. However, franchisees should also examine their own personality type, demeanor and operating and managing style.

    ‘You’ll want to identify the areas where you are strongest and feel most confident. Now, look for a partner that can fill the gap in the places where you are not as strong. Working together, you’ll form a well-rounded management team,’ Franchising.com writes.

    Finally, franchisees should look for partners with a good understanding of the local market, including people, places and other factors. Deep market knowledge can aid a franchise in everything from site selection to marketing. This is particularly important if a franchisee is relatively new to the area – someone with good local knowledge will be able to help the unit attract employees and customers as well as work with local vendors and suppliers.

    Once a franchisee has found an operating partner, he or she should make sure to create boundaries and job responsibilities to avoid conflict and tension when business inevitably becomes stressful. One technique the Web site suggests is designating a third party to help make decisions when partners hit a logjam.

  • October 26, 2017 /  Banking & Money
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    PNC rates on mortgages are one of the few that did not increase when many of the other financial institutions have already done so.

    For a $250,000 loan in the Philadelphia area, the rates are as follows. The 30 year fixed interest rate at 5.50% to 5.875% with APRs of 5.626% to 5.842%, respectively. The 20 year fixed interest rate is at 5.625% to 6.125% with APRs of 5.828% to 6.098%. The 15 year fixed is at 4.875% to 5.125% with APRs of 5.082% to 5.258%. The 10 year fixed interest rates are 4.750% to 5.125% with APRs of 5.045% to 5.232%.

    The current bank rates on CDs include a tiered format. The top tier is for those with Performance Select checking accounts, followed by Premium Plan, then the Standard CD rates. The promotional 9 month CD is earning an APY of 0.45%, 0.42% and 0.40%, respectively. This has a minimum deposit of $1,000.

    The 3 month CD is earning an APY of 0.15%, 0.15% and 0.15%, respectively. The 6 month CD is earning an APY of 0.25%, 0.20%, and 0.20%. The 1 year CD is earning an APY of 0.50%, 0.45%, and 0.45%. The 18 month CD is earning an APY of 0.55%, 0.50%, and 0.50%.

    The 2 year CD is earning an APY of 0.50%, 0.45%, and 0.45%. The 3 year CD is earning an APY of 0.70%, 0.65%, and 0.65%. The 4 year CD is earning an APY of 1.05%, 1.00%, and 1.00%.The 5 year CD is earning an APY of 1.25%, 1.20%, and 1.20%. The 7 year CD is earning an APY of 1.75%, 1.70%, and 1.70%. The 10 year CD is earning an APY of 2.00%, 1.95%, and 1.95%.

    The minimum deposit for these PNC rates is $1,000, and the rates were posted on February 9, 2011, but are subject to change without notice.

    We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

    For additional resources involving financial help, please view PNC Online Banking, best bank savings rates, Westpac Online Banking and Online Banks at

  • October 26, 2017 /  Entrepreneurs
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    New ecommerce entrepreneurs can find them confused and confounded by the tax and accounting requirements of their venture. And thats a shame: If someones spotted a great new category and successfully built a web presence, heck, that someone shouldnt find themselves bogged down with the accounting minutia. The entrepreneur should focus on increasing traffic, expanding margins, and growing cash profits.

    With that in mind, I offer up the following tax and accounting tips:

    Tip #1: Dont Incorporate

    A true corporationwhether a C corporation or an S corporationsaddles your business with more complicated tax accounting and a bunch of state filing requirements. You dont want to deal with this redtapeor at least not until youre profitable.

    Instead, operate your business as a sole proprietorship. If youre concerned about legal liability protection, note that you can setup a one-owner limited liability company, or LLC. A one owner LLC is treated as a sole proprietorship for income tax purposes.

    Tip #2: Start Your Business Before Making Investments

    Expenditures you make before youre actually in business-in other words, before youve got a business license and before youre selling or trying to sell your stuffarent very deductible.

    Specifically, you can probably deduct the first $5,000 of these expenses. But any amounts in excess of the $5,000 must be amortized over the next fifteen years.

    What this means is that you want to start your business before you start spending money on advertising, training, web development, accountants and lawyers and so on.

    Tip #3: Automate Your Bookkeeping & Accounting

    By lawand some people dont know thisyoure required to maintain an accounting system that lets you clearly measure your income. As a practical matter, this means you need to use a product like Quicken or QuickBooks.

    But you ought to go one better than simply using desktop accounting software. Make sure that youre taking advantage of online banking and bill payment features which integrate your accounting system with your banking. As much as is possible, for example, you want to be able to move money from PayPal to your bank to QuickBooks simply by typing a few keys or clicking your mouse a few times.

    Tip #4: Hire a Payroll Service Before Hiring Employees

    Many successful ecommerce business owners can run their operations without employees. And if thats true for you, hey, congratulations. If and when you do need employees, however, dont try to handle the payroll yourself. Oursource the payroll to one of the large payroll service bureaus like ADP, Payroll, or QuickBooks.

    These services are expensive. Figure $1000 to $2000 per year. But the services let you avoid the bookkeeping nightmare called payroll and prevent you from getting into payroll tax trouble.

    Tip #5: Consider S Corporation Status After Youre Profitable

    Ive written and talked much about how S corporations save taxpayers money and how the right way to set up an S corporation is first create a limited liability company and then ask the IRS to treat the LLC as an S corporation for tax purposes.

  • October 25, 2017 /  Banking & Money
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    There’s an abundance of money-making opportunities on the internet. My Money Fish is the latest opportunity causing an online storm. The program was developed by Matthew Getty. If you haven’t joined yet, you’re probably wondering if it’s a scam or legit. I have been a member since late December and I feel I have to give a critical ,but unbiased review of My Money Fish.

    The products:

    For your monthly $9-95 fee, you have access to over 3000 products. These include Ebooks, videos and software. You get the right to sell them on your own website or blog. Just install a PayPal button. These products are excellent and in demand. The authors/creators are wellknown business leaders and thought-leaders. You will have access to the greatest minds of all time. You will have the keys to your own goldmine.

    The compensation plan:

    Members are expected to recruit at least 5 members. If you manage to recruit only 2 members, the forced matrix will place additional members on your downline. The forced matrix appeals to the lazy side of human nature. The site spillover is coming from the aggressive marketers who already filled their matrix. In time it’s very possible to earn $11110 per month. This is recurring residual income.

    Likes:

    I love the products, compensation plan and support. Matthew and his team are quick to respond to your emails. They always inform you of the latests developments.

    Dislikes:

    During December the site experienced a lot of downtime. This could be attributed to the changing of servers. My Money Fish were the victims of an unethical hosting service. Somebody sent one spam complaint to the owners of the hosting service. They decided to pull the plug, thereby forcing My Money Fish to find another server abroad.The site was offline for almost 5 days, making the recruiting of new members impossible. Since they have been using the new server, the site never experienced anymore downtime. Due to these problems the launch was scheduled for 1 February 2010.

    Conclusion:

    The launch did happen on the scheduled date. If it was a scam the website would not have come back online. Unethical entrepeneurs have the tendency to run away with all the accumulated money. Matthew Getty did not run away with our money. He is still in business and My Money Fish is growing at an unprecedented pace. Do yourself a favor, become part of this honest opportunity today. It will change your financial destiny forever. Give your family the life they deserve.

  • October 24, 2017 /  Finance & Invesment
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    The following article presents the very latest information on when you should pay cash for a fishing boat or finance it. If you have a particular interest in how you can afford to pay for the fishing boat of your choice, then this informative article is required reading.

    Knowledge can give you a real advantage. To make sure you’re fully informed about when you should by a boat, keep reading.

    Of course you already know the answer to the title of this article. It’s when you have enough cash. Here’s a little advice to go along with the obvious. Before you go out and purchase your boat, remember that boating is a hobby and you shouldn’t go overboard with it. Unlike your house, boating isn’t really worth going into debt for.

    To get the most out of your boat, it’s always a better idea to simply save up for a while. If you don’t want to wait that long, there are viable alternatives online to earn the money to actually pay cash for the boat of your choice. I’m not talking about some internet scam. I’m talking about a real way to put your computer to work and spend some time taking advantage of one of the hottest moneymaking activities online. In the meantime, you should carefully study the boating market. When you manage to get a hold of the required amount of cash, go ahead and buy the fishing boat you want.

    Whatever you do, make sure you’ve carefully thought out what your expenses are going to be. You don’t want to spend all of your money on just the boat itself. When you purchase the boat, you’ll need to have enough money for taxes, registration, storage, towing insurance, gas, equipment, and even minor repairs if your boat requires them.

    When buying a fishing boat, used or new, cash is always better than financing. And you can save money with cash, as there are no finance charges. Financing charges can get high, very high in fact if you don’t know a lot about it.

    For some people who have financed a boat purchase, they were advised to use a home equity loan. I mean after all it’s tax deductible right? I wouldn’t recommend that at all. You wouldn’t want to put yourself in a situation where you could possibly lose your home. Always be on the lookout for boat show financing too. Never use it! There are boat show financing ploys that will extend a loan out over the course of 10 – 15 years. That’s just ridiculous!

    Sometimes it’s tough to sort out all the details related to whether you should finance a boat or pay cash for it, but I’m positive you’ll have no trouble making sense of the information presented above.

  • October 23, 2017 /  Business Center
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    Small businesses are often beaten out by larger competitors because the bigger business has better practices than the small ones do. The good news is that there are many of the business best practices that are used by big companies that can be translated for small businesses.

    These business best practices are some of the best kept secrets and will in the long run make a business more successful. Here are a few ways you can use these business practices to fit your small business.

    One: Borrowing ideas from other companies is one business practice you can use in your small business. This is known as best practice benchmarking and it can lead to vast improvements in your business structure if it is done the right way.

    Most small businesses have a tighter budget than the big businesses do so the business practices that you learn can save money and can be even more beneficial to you than it would be for the big business. When you emulate another business and how they cut costs, you will be able to do the same thing they have done in a much shorter time period.

    Two: You have to have a clear understanding of business methods if you are going to borrow their business practices. You need to do some heavy research and ask questions. This will help you figure out how others were able to get the job done to get them to their goals.

    This is imperative if you are going to have success using these practices with your small business. One helpful way to find out the information you need is to send surveys to businesses that are successful in the business field you are looking at.

    Three: Once you have studied the business best practices and you know how that business uses them, you will need to translate them to fit your small business. Before they will work for your business t want business practice you can use in your small business is borrowing ideas from other companies here may be some crucial modifications that need to be made.

    Four: One business practice that is imperative to the success of any business of any size is to have good communication in your business. This means that you need to communicate on a regular basis with your employees.

    You have to do this to make sure that everyone is on the same page business wise. Otherwise, you may find problems cropping up that you will have to deal with.

    Emulating business best practices is fine but you want to make sure that you don’t steal their practices outright. Always do your research and use the business practices that you can modify to fit your small business. Don’t do anything to get your business in trouble in the future.

  • October 23, 2017 /  Entrepreneurs
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    Entrepreneur Facilitation Center & Development “This Incubation Park suits to IT / ITES /SERVICES SECTOR Technology Based startup, service concept based startup and any other concept / idea which required an office space to start and run the day to day operation”. We at EFC India, support the young budding entrepreneur with complete guidance on their idea or business plan, provide them with all necessary required things like office space, equipments , office, machines & fixture, manpower hunting , sanctioning loan , legal documentations etc. every bit of thing required to start their own business. EFC India is an Entrepreneur Park, where the ideas get converted into reality and fruitful business. We with our team of experts transfer knowledge and skills, help you with all new technology and market support , provide complete training on modernization and expansion of business to enhance the quality and productivity of your business. All you need generate a great idea of business and we help you shape it into reality! -WHAT WE PROVIDE-

    You can send your business plan to

    You business plan should not be more than 7 – 10 pages and should crisply cover the following aspects –

    1. Introduction of you , your team & business that you want to start. 2.Your Target Customer Your Business Plan & Projection – business model innovation that differentiates you Your revenue model / Earnings – how will you make money, pricing etc. 3.Sales and Marketing Strategy – how do you plan to spread the word around about your solution, how would you sell it? 4. Management Team – Who are the main team members and advisors. 5. Financial projections – What are your cash-flow projections – expenses and revenues? How much money do you need to raise as investment? 6. When would you start breaking even operationally? Approx. Amount of Investment requirement ? 7. Team size / No. of people you will hire.

    send your business plan to