Articles
Now could be a terrific time to sell your business. No, I really mean it. But won’t I be giving it away, I hear you say?
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Do you find there are just not enough hours in the day? No matter how hard you work, you are still not making the money you deserve? Do you feel like a slave to your business, rather than it serving you?
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Franchising is a great business model to rapidly expand your business by leveraging other people’s time and money. What is more, the current economic downturn provides a particularly fertile ground for it.
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Are you feeling confident about the future? If not, then for heaven’s sake why not? Don’t get me wrong, I am not suggesting we ignore current economic conditions or indeed any other signs of a weakening position.
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Cash really is king – and never more so than when times are hard. Former Dragon Doug Richard warns that: "If you're out of cash and out of credit, you’re out of business."
Are you going to let that happen to you? I thought not!
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We are all doomed - doomed I tell you!
Well, so the media would have us believe, with daily reports on the dire state of the housing market, yet another lender reaching crisis point, energy supplier hiking up their prices and the soaring cost of food and transport.
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If you want something doing properly, do it yourself! After all, who knows better than you what your business stands for and how to deliver that to your customers?
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I’m sure you’d agree that running your own business is not for the faint-hearted – it takes guts, determination and a lot of sheer hard work. But once you have got over the first hurdle of staying in business, life should get easier, shouldn’t it? Of course it should – after all you didn’t go into business to work yourself into an early grave!
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