Franchise businesses such as Wendy’s, McDonald’s and Burger King and many other food and clothing items are booming. The people setting up franchise ideas and businesses know a good thing, and are really promoting this idea. Franchises for just about every conceivable kind of business are being sold in ever increasing numbers. Some franchises are good. They treat both the franchisor and the franchisee very well. Others are very one-sided. Still others are almost total rip-offs that trap one into paying 10 to 50 times the actual value of the business idea, equipment, or whatever it is they are trying to get you to buy. Here’s a checklist of questions before you buy any Franchise Business. Continue reading
We are happy to feature the following organizations/ventures/companies in our business directory. Unlike most business directories out there, we have made the effort to personally interact with and verify each of the following entities, and hence we know that there are reliable and capable people behind them, and we are happy to reference them.
- Reliance Industries Ltd
- Anadarko Petroleum Corp
- Suzlon Energy Ltd
- Solar Integrated Technologies
- WPX Energy
Agriculture & Farming
Software Solutions & Information Technology
A wholesaler buys from manufacturer and resells to retailers. If you are thinking of starting a wholesale business in any industry, here are 8 Tips For Starting A Wholesale Business based on my experience of running whole business in different industries.
1. Good Negotiation skills:
a. To persuade manufacturer to get the products at low price, you would also need to negotiate with them for the margins even if the quantity of purchase in not high.
b. Need negotiations skills to deal with retailers, pass on less margin to them, yet be competitive and retain sales.
2. Create a strategy to get the best possible price and margins through negotiation, collaboration, managing credit and cash, bulk purchasing. You may even have to book some import orders. Continue reading
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News reports are that Dell is engineering an Apple iPod Rival, which will do pretty much everything that iPod does, but at a fraction of the price. Wall Street Journal has got hints that price may be in the range of just $100 USD, which surely looks very interesting. Guess they will launch it just before Thanksgiving Holidays :-)
This video has updates:
So those of us who want functionality, can use the Dell option (even LG/Samsung may come up with something soon). And those who want to use Apple (and feel stylish about it), can of course stay on with the iPod – surely there will be innovations in it. Steve Jobs is never satisfied with status quo- which is good.