Owing a freight brokerage business can be very rewarding and profitable. But as a freight broker, you know that your business is depend on you to be paid on time. However, clients can take up to 60 days to pay for their loads.
So you end up caught in the middle. Caught between drivers that need cash now and clients that want to pay slowly. The math does not work. And unless you have a nice cash cushion in the bank, something has to give. Read more…
Franchised operations in India are increasing by the day. Being geographically vast and culturally diverse, India offers the most favorable franchising environment. While companies benefit by having many profit making outlets in different parts of the country, franchisees in India benefit by being able to generate good returns with little making the most of India’s franchising market and growing economy by becoming successful franchisees. Indian franchisees can now choose from a plethora of international as well as domestic franchising companies. There are numerous attractive franchising options available in various sectors.
Ever since the franchising boom in the nineties, there have been many success stories. Franchisees in India helped many businesses grow and establish, while also gaining immensely from their business ventures. Examples of international franchises that have been successful in India include food and beverages giants such as Subway, Mc Donald’s and Kentucky Fried Chicken among others. Indian companies that have benefited from franchising include names such as Barista, MRF, NIIT and Apollo hospitals among others. It’s not just the bigger companies; smaller international and domestic companies also look for franchisees in India. The capital required for such ventures would be smaller when compared to highly reputed companies. The downside however, is that the risks are more, since you cannot ride on the popularity wave generated by the reputed companies. Read more…
Consulting means to give professional advice in the area of your expertise. Consulting can be performed in a wide range of topics such as law, marketing, finance, accounting, communication and any other area in which you are an expert. When you become a consultant, you are essentially declaring yourself as an expert in that particular field. Read more…
Have you ever wondered how multi-national companies like McDonalds, Coca-cola, Microsoft, Apple, Intel, Motorola, Sony and UPS came up with their names? or forgettable brand name, would they be as big as they are now? Every company starts out by thinking of a uses the names of its associates, like Smith, Johnson and Brown Law Firm. The name of a woman’s specialty shop should Victoria’s Secret or Bare Essentials. A clothing line should boast the popular designer’s name. Corporate branding does not just involve the corporate logo design and the overall company image. More importantly, it conveys your corporate identity. When you think of computers, Microsoft Toothpaste equals Colgate. Coming up with the perfect brand name that will stick to the consumer’s mind is as important as to start a company - be it big or small.
