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Franchising As an entrepreneur looking to make it in the business world, you need to ask yourself some vital questions. Do you want to start your business building and toiling from the ground and working your way up? Or do you want to leverage on a brand that has already established a brand identity? Both methods can be profitable. However, franchises are proving to be a wise choice. Franchising has its benefits. In this modern world where branding is just as important as the product, franchising is a smart choice for any business person looking for a new venture. The…

What if you invented a product, sold it as a unique item among similar, but inferior products for nine years, then suddenly found that someone else was claiming to have invented your product? You’d be pretty angry! Well, that’s exactly what’s happened to Eyal Levy, inventor of the zero-gravity bean bag, the Yogibo. Since 2009, Levy has been selling his product to millions of consumers who needed a comfortable furniture solution that didn’t look like a traditional bean bag. Then came 2018, when John Fiorentino began hawking a similar product, called the Moon Pod, and the Yogibo vs Moon Pod…

Retail is a dynamic industry. With so much to consider, the thought of opening your own retail store can seem quite daunting. But in actuality, there are many moving parts to running a successful business. To succeed as a retailer, you have to be ready and willing to learn every step of the way. A Prime Location A prime spot is the first step to opening a retail store. Make sure you choose a location in a high-traffic area with plenty of walk-in traffic. Your retail location should have ample parking and be accessible by public transportation as well as…

You may consider starting a business for a variety of reasons. Perhaps you suffer from low job satisfaction and would prefer to earn for yourself rather than your employer. Or maybe you’d like to explore new challenges and be your own boss. Regardless, there are multiple avenues to explore, each with their own set of advantages and disadvantages. Of these, the rental business is perhaps the most popular option. Here are some good reasons why. #1 Steady Income After you’ve bought the right property, crunched the numbers, and matched with the right renter, you are almost certainly guaranteed a monthly…