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Why are snack vending machines so popular?
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Would you like to run your own small business? Have you an idea for a small business but do not think that you could make it work? Are you bored of being an employee and yearn to become your own boss? Have you the required skills to run a small business? In this article I look at the type of skills that people need to possess to be able to successfully run a small business.
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We all know that buying a franchise is a great way to start a new business. Yes it�s true that the initial cost of a franchise is generally more than any non-franchised new business. It makes sense that a franchisor would need to be rewarded, both initially and on an ongoing basis, for their training, assistance, consultation, and guidance. And, remember, the franchisor is allowing you to use their proven business model fo
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Very few entrepreneurs want to close their business. Sell, yes. Merge, maybe. Shut it down, I doubt it. The reality is that more than 50% of all new companies opened in the U.S. and Canada close within the first three years. That means you need to know when, in fact, it may be best to cut your losses and get out.
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Those setting up a new business sometimes think they cannot register for VAT until they have reached a certain turnover (wrong), others feel the last thing they want to do is register for VAT, its just more admin and more tax isn't it?
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Is your business short on help? Good help, that is? Did the best administrative assistant you ever had leave because her husband was relocated to Timbuktu? Now what? You�ve been through countless resumes and none of the candidates seem to measure up. Maybe you need extra help once in a while, just to keep your regular assistant�s head above water. Are you a small business owner who can�t afford, or don�t have enough work, for a full-time secretary?
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Should you be in the early stages of a business start-up then there are elements to your personal business banking service which you should be looking for � and if you haven�t yet set up an account now is the time to take a deep breath and go shopping! It�s a competitive market, and it�s often hard to be sure which services you should be looking for to provide the best service for your small business. Certainly the basics such as a business current account, savings account...
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Do you feel like you have the �pedal to the metal,� spending all you can on advertising but still can�t get the growth of your business into the fast lane? The fact is, if your customers aren�t engaged, it may not matter how much you spend on advertising. Just like a car in neutral isn�t going anywhere (no matter how much gas you give it) until the transmission is engaged, your business isn�t going anywhere until your customers are engaged. There are ways to engage them.
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Are you starting an online business with a small budget? That's OK. Online businesses are one of the lowest cost businesses to run - if you know what you need to pay for and where to go.
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In about 85 percent of all business sales, sellers accept a cash down payment and a promissory note to pay the balance in installments. However, many sellers don�t want to be in the lending business and would prefer not to hold business notes. The good news is: they don�t have to. If you created a business note to unload your company, you can sell the note to someone else. Find out how easy it is to sell your your seller financed business note.
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