Tim Erway Review
Tim Erway has become a popular topic of conversation; he’s a youthful site-conversion pro who has dark close-cut hair, a big wide grin, and a small short beard. Here abides a highly sought after speaker and teacher, as much at home in a dirty t-shirt and a sweaty bandanna as he is in a mild-mannered suit and tie. Tim Erway is fast to share the joys of his life, along with his earnest hopes, and his road taken to success.
Sales letters produced by this master copywriter have resulted in website revenue gains that accumulate into millions of dollars. By getting out of the popular teaching business, with application of split-testing services and concentrating on a choice few consulting customers, Tim Erway has taken away the bondage of websites with poor performance, advertising sinkhole campaigns, and profit strategies that are half-baked.
If you desire to amplify the productivity and income of your website, learning from the experience of Tim Erway is a sure fired game plan. However, you might not find Tim in the place you may anticipate to find him. Rather than pulling a twenty-minute workout at a local gym, this young Multi Level Marketing guru may be hanging out on Mexico’s Baja California Peninsula. He enjoys driving his four-wheeler in an off-road race called the Baja 1000, which is the longest, most threatening off-road race in the world. Read more
Finance for Short Term Leasehold Property in the UK
his usually, but not exclusively, relates to shops, public houses, restaurants, take-aways and similar, mainly retail type businesses. The underlying leases are short term and generally operate from just a year to 25 or perhaps 30 years with five to ten years being the most common.
The purchase of a leasehold business has always posed a problem for banks as there is no inherent value in the lease itself. If the lessee fails to pay the rent then title will revert back to the freeholder and thus in the event of default there is no value for the bank. Despite this, there is of course ‘value’ for the purchaser but in effect it is within the ‘goodwill’ of the business being acquired. Goodwill is an intangible asset of a trading business. The buyer of a business is often willing to pay for the “good name” of the business in addition to the value of its assets. Clearly, if the lessee has not paid the rent, then being in default at the bank is also likely. The good name of the business will also have been lost and thus of no real value. It is for this reason thank banks are reluctant to lend against a ‘goodwill’ value.
Consequently, the bank will consider this type of lending to be unsecured and thus rather than commercial mortgage finance it will be treated as a Business Loan.
Lenders are unlikely to provide any significant funding on an unsecured basis and thus in the absence of any alternative security, they will look for a very high deposit. Although there is no hard and fast rule most banks will be uncomfortable with lending more than £25-30,000 unsecured and many will do far less than this. Read more
A Practical Look At Franchise With Profran Consultants
t’s Time To Expand Into A Franchise
Franchising, which is one method of expansion, has become increasingly popular in the past three decades. There is no doubt as to its success but the important questions are whether it is right for you and whether you are ready to be a franchisor. Profran Consultants, Inc. provides what is considered by many the best consulting and development services in the nation.
You first need to grasp that franchising is a business in and of itself. Your existing business ( the underlying concept which you want to franchise ) is another business. It is, of course, beneficial to have a unique or superior service concept to offer to the general public ; [**] it will not hold up well without a good franchise system built around it. Inversely, some less than excellent concepts have built a name for themselves as a result of a superior franchise system. The offer of a franchise is subject to state and federal regulations. The penalties for failure to comply with those laws can be damaging both to our pocketbook and your reputation. You must present prospective franchisees with a specially prepared discovery document ( known as an offering circular ) in strict compliance with those regulations at least 10 business days before they sign the franchise agreement or pay you any money. There are also fifteen states that may need you to register the offering and submit the declaration for review before promoting can occur within their jurisdictions. Read more
Corporate Risk Keeps the World Spinning
isk is a part of life: fact. Without risks there would be no need to plan and organize corporate strategy and the sectors would fuse into one. Luckily that is not how corporations function. In the world of business, risks are made every day, from employing staff with the intention to make sales; to buying large quantities of stock. But just because businesses have to deal with risks, it doesn’t mean that they have to be at the mercy of them. By having a clear idea of what corporate risk is able to avoid huge repercussions from risks they take. There are three main categories of corporate risk: physical risk, which entails the potential destruction of buildings and other physical assets. Then there is intellectual risk, which entails the potential exploitation of a company’s product and/or brand and finally financial risk, which entails the potential loss of value in a corporation’s portfolio.
It is important that a corporation minimizes its corporate risk in all of these areas.
An often overlooked areas involving corporate risk is the physical aspect. By having a physical location, all corporations are at the mercy of ‘Mother Nature’ as well as ‘governmental nature’, (from changing laws). Make sure you take our insurance policies to protect against natural disasters, such as hurricanes, that are common in your area. In finding out what my affect you, you can think of the possible effects and protect against them, thus reducing the risk. This issue only applies to those that have companies in such industries that are either snow resort related, such as Tokyo etc. Businesses in the UK rarely have to worry. However, the changes that the government, but also the EU makes can have a big influence, for example it is possible that laws on contracts can be made to stop the limited liability clause. This may seem far-fetched, but such things have happened before with the removal of the death clause.
Another aspect of corporate risk that needs to be kept in mind is called intellectual risk. When any company makes an innovative product, there will always be other individuals or businesses that want to profit from that innovation. Normally this would not be a bad thing, as long as the original innovator receives payment for their idea. Unfortunately this is not always the case. By applying for the proper patents to protect a company’s innovations, and applying for copyrights for a company’s brand name, a company can effectively protect its efforts. Without such protection, any company will be at the mercy of rogue replicators and copycats. Read more
Do your clients rave your the best?
The rat race – most of us are a part of it. People are constantly striving for the new ‘edge’ in business – that certain something that will make them stand out a little bit more than their competitor. Many small businesses put so much money into marketing in hopes of obtaining their next big sale, and then end up really upset when their efforts fall short. But is it all worth it? Are we getting any wiser, or making our jobs any easier?
Let’s face it: business is competitive – but the truth of the matter is that it doesn’t have to be exhausting. There are two big factors that I feel make or break a business; “raving fan service” and being the best.
A common thread that most people can attest to is that we all lead crazy, busy lives. People are constantly on the go. There is your work life, personal time, spiritual time, family life, and socializing. It can be overwhelming to fit it all in! But here is the trend that most companies fail to realize – people want to be taken care of. Everything nowadays has a very “retro” feel to it. Cars, clothing and even appliances are looking very similar to what they used to. Even television shows we all watched are becoming blockbuster films. Why? Because it reminds people of a time when they used to be taken care of – a time of “Sunday night” dinners with the family, where you have roast beef, Yorkshire pudding, and warm pie for dessert. A time, where things seemed more relaxed and the “ol’ fashion values” seemed to be more prevalent. So let me ask you, does your business create that pampered feeling for your customer? What do you do that is above and beyond people’s expectations? Services you offer aren’t enough – your customers expect that – it’s what they pay you for. Your clientele needs to rave about what you do! I highly recommend the book, “Raving Fan Service” by Ken Blanchard. It’s an easy read on how to have your clients rave about what you do. This is so important because it will generate referrals for you and have people in your town talking about – you! This will assist your community in viewing you as the best – which brings me to my next point.
Let’s play out a scenario for just a moment: Who is the most important person in your life right now? Imagine that this person had a serious disease (heaven forbid!) and there were only two doctors in the world that knew what to do with it. The first, in Switzerland costs over one hundred thousand dollars for the operation – and has a flawless track record. The other, nearby to you is much cheaper but…the track record isn’t the best; this doctor has lost a few people. Now let me ask you this; how fast would you be on that plane to Switzerland? Read more
Facebook Taking Over Social Media?
Facebook Taking Over Social Media? Facebook is now making money and has topped over 300 million people
joining. Since the beginning, Facebook was started in a dorm room
five years ago. It has emerged from there as the internets most
popular online meeting place. It has increasingly challenged both
Google and Yahoo. Facebook has revamped their search engines last
month, users have tripled and it is only going to get bigger. Because of this, Facebook will have a higher confidence on working
with investors. And that they could possibly go public in late 2010 or
in 2011. Their even exploring more ways to make the service perform
faster. If your not on Facebook yet, now is the time to join. It is really
easy and it is free. Just go to Facebook.com and put in your profile.
A good picture of yourself is really necessary, as Facebook is a place
to connect with people and they want to know what you look like. Just
like you will want to know who your are connecting with. You can upload pictures of your family, travels you have done, places Read more
The Growing Search for Capital
Working as a consultant for new and upcoming businesses, I often hear, almost every day, really, just how annoying it is to deal with commercial banks nowadays. Just the other week I had a meeting with a business owner whose business is commercial lighting, and they’ve been building their business and increasing their companies sales for more than twelve years. His company has experienced excellent growth, has fantastic profit trends, an awesome marketing plan for this year, and has a positive cash flow.
In addition to his financials being in such a good place, his marketing and business plan are very well written and quite polished. Sadly, the most annoying thing for him (and a million other business owners), is that he can’t get his banker to call him back. He chose a banker and turned in a loan package to him, and this banker won’t even give him a simple phone call back. Ever. He is stringing this entrepreneur out and making him ponder whether or not they’ll actually come through for him by giving him the line of credit he’ll need to execute his marketing plan. Read more
Doing Business: Franchising
Embarking on a web design company or fast food franchise can be very beneficial if handled in the correct way. There aren’t many to choose from, but the ones that are available should definitely be taken advantage of.
Franchising is defined as a business method that involves licensing of trademarks and methods of doing business. This includes:
- Chain store – retail outlets which share a branded and central management
- Exclusive right – sell branded merchandise
- Media franchise – ownership of the characters and setting of a film, video game, book, etc.
For example, as an iDesign 247 franchisee, an individual is granted the opportunity to market a well-liked brand and service. With a low initial investment, becoming an owner will automatically expose them to a mass group of consumers ready to take advantage of the services in which iDesign 247 offers.
Becoming an iDesign 247, or any other company, is both easy and valuable. You will be granted with the resources, creativity and knowledge of a growing brand. The company should always be available to help you prosper as a business owner. Read more
Make Your Business Greener
Cost cutting goes hand in hand with energy efficiency; quite simply the more energy you save the more money you save, both at home and in the workplace. Even relatively small organisations can save a significant amount by implementing energy conservation practices and with more of a focus than ever on environmental issues your eco-friendly efforts could help to improve both public and employee relations.
Something you can do to save energy and money at home and in the office is simply to turn your refrigerator down a few notches. Refrigerators account for about 20% of household electricity use and waste electricity if not used properly.
The ideal refrigerator temperature is anywhere between 0-5 C so you can experiment to see what works for you. Many modern fridges come with an energy saving mode so use this if possible.
If you are lucky enough to have a dishwasher at work then try to ensure it is fully loaded before pushing the ‘on’ button. Again, there may well be an energy saving setting so use this if available. The drying cycle accounts for about 20% of your dishwasher’s total electricity use so let those dishes air dry and do your bit for the environment. Read more
Women Networking Organizations Bring Businesswomen Together In Many Different Ways
Are women networking organizations the fastest growing trend in American business? This might be so. Including online networking groups, networking organizations focused on women are cropping up all over the country. It seems all women in business are spending their lunch time or after work hours at networking parties, connecting over wine or coffee, or sitting in front of the computer, typing messages to other business women. So, as a women entrepreneur or executive, you may be wondering: do I have to network?
You already are. Unless you are sitting in a cave, you are networking, whether that means meeting with clients, greeting business people you know when you are out and about, or calling a woman you know for advice on a business problem. But do you need to join a formal networking association? That depends on you and your needs. If you are very uncomfortable with chit chat or being in the middle of a group of people, and you find that you don’t need to formally network to advance your business, then you might not need an association. But if your business depends upon the continuous acquisition of new leads or learning new and better technology and business methods, then a networking association can be a valuable strategy for you.
Different female networking associations serve different needs. Here are a few: Read more