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A guide to starting your own business

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Is there anything more rewarding than working for yourself? There is an ideal career for you amongst the long list of Franchise Opportunities on offer today. You do need to investigate all of your considerations very thoroughly to be sure and happy you select the right one for you. Be convinced that the support and back up you require from the franchisor is available to you, so do not be shy in seeking evidence of this. A strong brand in a market you will understand along with the help and guidance of the franchisor must be on your list of tick boxes Franchising is a systematized way of doing business that provides you the use of a brand’s trademark, marketing programs, and operating systems while offering you continued access to professional support. After investigating all selected franchise opportunities and you choose to buy a franchise business, here are a few of the many benefits that await you The franchisor has an established brand presence in the industry, has differentiated themselves from the competitors, understands the consumer demand, and has refined the franchise business model to reduce your risk of failure and improve your chances for success. You will open with immediate brand equity and benefit from the appeal and trust consumers have in a well-known and established brand. You’re part of a larger franchise business entity. With strength in numbers, you will realize economies of scale in purchasing power across vendors and the media. Typically, no experience is necessary. In fact, most franchisors will want to train you in their way of doing business. You will receive initial training to open and to operate the business, and on-going franchise training to enhance operating efficiencies and effectiveness. You’ll have well-honed, turnkey franchise systems to run your business. You’ll receive customizable franchise marketing materials and an advertising plan to help you grow your business. You’ll have a network of franchise peers to consult, and a home-office staff of experienced franchise professionals for on-going support and counsel. The franchisor strongly shares an interest in your success and has crafted this model to help you achieve it.

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Page 1: A guide to starting your own business
Page 2: A guide to starting your own business

YOU do not become REDUNDANT

The Job Does

The Transfer of Undertakings (Protection of Employment) Regulations 2006

Page 3: A guide to starting your own business

Where do You start?

Here is an eye opener –

You start with YOURSELF

Businesses don’t make money, people do!

Page 4: A guide to starting your own business

What do YOU want?

Full Time Job 4 Hours Per Day Do You want to do the work Yourself Do You want to earn lots of money Do You want to work on your own Do You want to include your family in a business you can expand Have You thought – You must love what You are about to do (very important) Is it management opportunities You are looking for Can You find something that can match the experience You already have Do You want a complete change of career Do You want to work local

Page 5: A guide to starting your own business

The Next Eye Opener

Who You should NOT talk to:

The guy down in the club

One who has not achieved much in life themselves

One who is forcing You to do what they believe You should do (their great idea)

One who says why do you ask me for advice if you do not follow it

It is Vital You Only Speak To Those Who Have Achieved - Those Who Have Done It

Page 6: A guide to starting your own business

Now is the time to Speak to the Bank

Explain Your position

What You want to achieve

Why it is You have chosen to become an Entrepreneur

Explain your general idea and plan. You are here today to get a good idea of how you will be able to borrow from the bank. Now you will have a general idea what you can do and how much funds are available

Page 7: A guide to starting your own business

Unspoken Rules of an Entrepreneur

Best explained in a book called “The Four Agreements” by Don Miguel Ruiz

Agreements with who?

Be prepared to be un-popular

Page 8: A guide to starting your own business

When You are ready, is the right time

Ray Kroc, Started at 52 years and drove McDonalds to  35,000 outlets world wide

Mark Zuckerberg, Facbook 26 years Net worth $15 billion

To be an Entrepreneur you must work like one, hard

Shake off old habits, it’s a new world and a different one

YOU will be told often it cannot be done - then You must do it

You cannot ever be a spectator - You must be a player

You do not want to be the dancer - You have got to be the dance

Page 9: A guide to starting your own business

Entrepreneur – Thinking HabitsEntrepreneur – Thinking Habits

Every thing you see around was a thought , now take time look around see and thinkEvery thing you see around was a thought , now take time look around see and think

So being Positive is when you think and act, they must work together, action is So being Positive is when you think and act, they must work together, action is required , Just thinking positive is for dreamersrequired , Just thinking positive is for dreamers

A car design begins with the thought, it is put on paper, then built, so does an A car design begins with the thought, it is put on paper, then built, so does an architect, a clothes designer, a glass blowerarchitect, a clothes designer, a glass blower

An Artist visualizes the picture then paints it, An Artist visualizes the picture then paints it, action is always required YOURS !action is always required YOURS !

Page 10: A guide to starting your own business

How does One Be PositiveHow does One Be Positive Being Positive prevents you from being Negative Being Positive prevents you from being Negative

( example there cannot be light when its dark and ( example there cannot be light when its dark and visa versa)visa versa)

Not afraid to be wrong everNot afraid to be wrong ever

Do not follow – Lead just do itDo not follow – Lead just do it

You feed to Negative or Positive – You control itYou feed to Negative or Positive – You control it

Which ever one You practice most often is the Which ever one You practice most often is the one that becomes dominant one that becomes dominant

Page 11: A guide to starting your own business

Four Step GuideFour Step Guide1. Start with Yourself and look inside1. Start with Yourself and look inside What do You wantWhat do You want Decide who You should not talk toDecide who You should not talk to What time frame to make decisionWhat time frame to make decision

2. Bank2. Bank Get Finance broadly agreed in advanceGet Finance broadly agreed in advance Start Research of OpportunitiesStart Research of Opportunities

3. Select 3 Opportunities that meet your personal requirements3. Select 3 Opportunities that meet your personal requirements Research these diligentlyResearch these diligently

4. Remember you must 4. Remember you must lovelove what you are about to do what you are about to do Now Make a Decision Now Make a Decision Good luck!Good luck!

Page 12: A guide to starting your own business

The Gardener

Serene he stands amongst the flowers

And only marks life's happy hoursFor him dark days do not exist

The brazen faced old optimist!

Page 13: A guide to starting your own business

Remember Love what ever you do

Frank McCarthy CEO MRHANDYMANFRANCHISE.CO.UK

[email protected]