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Archive for December, 2012

BDO Forms Alliance with International Franchise Business WSI

Posted by trinda On December - 11 - 2012

BDO and Forms Alliance with International Digital Marketing Franchise Business WSI http://www.wsibdoalliance.com/announcements/WSI-Aligns-With-BDO

WSI, the world’s #1 leading franchise providing digital marketing solutions, has recently joined the BDO Seidman Alliance in an effort to expand WSI’s domestic and international coverage. The BDO Seidman Alliance is a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals

WSI has successfully forged several strategic alliances, partnerships and memberships of industry associations that give WSI Internet Consultants a distinct edge in the marketplace. Industry accreditations, recognition programs, awards and achievements contribute to our sustained and consistent leadership position in the internet services industry, impacting all members of the value chain.

WSI has a network of over 1000 franchise offices in 80 countries.

If you are looking for digital marketing services, looking to start a business, or perhaps looking add synergistic services to your existing business please connect directly for further information with Trinda Tresham Regional Vice President at ttresham@wsiworld.com  or directly at the Canadian head quarters 905 364 1264

WSI’s additional memberships with the International Franchise Association (IFA), Canadian Franchise Association (CFA), Canadian Marketing Association and SEMPO (Search Engine Marketing Professional Organization) gives WSI Internet Consultants access to advanced training and resources which enables us to focus on providing excellence and results for our clients.

International Franchise Brand Looking for Independent Brokers

Posted by trinda On December - 10 - 2012

International Franchise Brand Looking for Independent Brokers

WSI is the #1 Digital Marketing Franchise in the world with over 1000 offices in 80 countries. We are currently looking for a few independent business brokers in various countries to represent our international brand.

If you are an independent business broker please connect with me via LinkedIn http://www.linkedin.com/in/trindatresham  , by email at ttresham@wsiworld.com or directly in Canada at 905 364 1264 to discuss further details and opportunities.

 

 

Start a Business Part 3 of 3

Posted by trinda On December - 7 - 2012

Start a Business Part 1 of 3 

In the last of this three part Series we are going to focus on buying an existing business.

Maybe you are at a time in your career right now where you are coming up to the new year and looking for a fresh start or perhaps you have been involved in a downsizing, been unemployed for sometime or simply have always had a dream to start a business. Whatever the reason there is some questions you should be asking yourself before starting the evaluation process.

  1. Do I look for a franchise with an existing system in place?
  2. Do I want to start my own business from scratch?
  3. Do I buy an existing business?

Buying an Existing Business – Pros

  • Funding – It can often be easier to obtain financing because the business already has an established track record.
  • Strategy Already in Place – Many of the problems that businesses run into have already occurred and have been resolved. The business will be more forgiving to the market than starting a new business.

Buying an Existing Business – Cons

  • Funding – You will likely need a significant amount of working capital to aid with cash flow. Generally, a large amount of cash is necessary to make the actual purchase.
  • Current Business Contracts – You may have to renegotiate or honor any contracts that are already in place with the current owner some of which had already been paid.
  • What lies beneath the Floor – Most business owner that is very profitable and successful usually don’t want to give that up. Look for the real reason the business is being sold.

If you would like to explore this in more detail you can request  a free information package here: http://bit.ly/requestinformation

Start a Business Part 2 of 3

Posted by trinda On December - 6 - 2012

Start a Business Part 2 of 3

In the second part of this three part series we are going to focus on a starting a business from scratch. Part three will be to explore buying an existing business.

Maybe you are at a time in your career right now where you are coming up to the new year and looking for a fresh start or perhaps you have been involved in a downsizing, been unemployed for sometime or simply have always had a dream to start a business. Whatever the reason there is some questions you should be asking yourself before starting the evaluation process.

  1. Do I look for a franchise with an existing system in place?
  2. Do I want to start my own business from scratch?
  3. Do I buy an existing business?
You can sign up for the newsletter to receive all the series postings here http://trinda.wsidigitalmarketer.com/ 

Starting a Business from Scratch – Pros

  • Creativity – You to create the system and to make all the decisions relating to your business.
  • Profitability – You keep in all the profits rather than having to pay a portion in royalty fees.
  • Run the business from home – Running your business from home which will cut down on your overhead expenses.

Starting a Business from Scratch – Cons

  • More time and effort – You will be completely on your own. You are also required to market your business to consumers. Quite often new business owners find it a challenge to wear 20 hats and now be the expert at everything.
  • Competition – You will need to differentiate your business from the others in order to build a customer base from scratch.
  • Higher Failure Rates – The odds of failure are much higher for new business startups versus buying into an existing franchise business. It is more difficult to establish a completely new concept and system. According to Harvard Business School Working Knowledge If failure refers to failing to see the projected return on investment, then the failure rate is 70 to 80 percent

If you would like to explore this in more detail you can request a free information package here: http://bit.ly/requestinformation

Start a Business Part 1 of 3

Posted by trinda On December - 5 - 2012

Start a Business Part 1 of 3 

In the First part of this three part Series we are going to focus on a franchise. Part two of this three part series will look at start up businesses and part three will explore buying an existing business.

Maybe you are at a time in your career right now where you are coming up to the new year and looking for a fresh start or perhaps you have been involved in a downsizing, been unemployed for sometime or simply have always had a dream to start a business. Whatever the reason there is some questions you should be asking yourself before starting the evaluation process.

  1. Do I look for a franchise with an existing system in place?
  2. Do I want to start my own business from scratch?
  3. Do I buy an existing business?

Buying a Franchise – Pros

  • Support and Training – A franchisor will provide the initial and ongoing support and training needed to be successful in the business this can lead to a quicker return on your investment. This allows the franchisee time to develop the revenues not systems.
  • Proven System – An established franchise will have a proven system in place. This gives you essentially a road map to follow to have success. In some franchise systems the network of existing franchisees will support each other in their successes and ongoing learning.
  • Knowledge Base – In a franchise you are still in business for yourself but not by yourself. This allows you to draw on the knowledge base of the franchise network. Essentially like a corporate environment where you have expertise in various departments.

Buying a Franchise – Cons

  • Fees – There are paid in exchange for the ongoing support that is provided.
  • Possibility of poor franchise choice – A great deal of research needs to be done prior to making a decision. A good franchise company will have some sort of process in place not just to sell you the business but to allow you to evaluate them but also for them to evaluate your suitability in the business for success.
  • Less freedom in decision making – Since the franchise system is already in place, you will be required to follow the set-up, leaving less room for creativity and your own decision-making.

If you would like to explore this in more detail you can request a free information package here: http://bit.ly/requestinformation

Start a Business

Posted by trinda On December - 4 - 2012

Start a Business

Maybe you are at a time in your career right now where you are coming up to the new year and looking for a fresh start or perhaps you have been involved in a downsizing, been unemployed for sometime or simply have always had a dream to start a business. Whatever the reason there is some questions you should be asking yourself before starting the evaluation process.

  1. Do I look for a franchise with an existing system in place?
  2. Do I want to start my own business from scratch?
  3. Do I buy an existing business?

Over the next few days we will be looking at each option in more detail and weighing the pros and cons. Stay tuned tomorrow for the first part of the three part series.

You can sign up for the newsletter to receive all the series postings here http://trinda.wsidigitalmarketer.com/ 

If you already know that you want to start a business and would like to explore this in more detail you can request  a free information package here: http://bit.ly/requestinformation

 


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