Recently one trend of businesses more preferred by people is franchise. It offers easiness of marketing the business and mutually complement of each other to build the same business with the same brand and product including the quality.

If you are a newbie in Franchise business especially in food, you need to apply these to make your more ready to face the real challenge in this business and also be ready to get any kind of failures.

Then, choose the food with uniqueness and difference compared with the same type. Owning a creativity and innovation in the product or service offered is definitely needed to attract the consumers taking your offer rather than their older product.

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Nowadays we enter to the tremendous era in which it is also called as the era of billions of opportunities. It is the time whereas innovation is not luxury instead of the mainstream need to do if you want your business keep standing.

There are creative destructions which are roaming around business and always ready to destruct your business at any time. Actually these creative destructions could be your asset if you are eager to be a winner instead it is to be a liability if you more prefer to be a loser to a winner.

Customers Are Connected

It is a first time in history of human after being found such social technologies that make consumers are connected each other forming costumer networks. These costumer networks elaborate to be clusters of consumers due to the same interest and goal to create a community.

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Starting to run own business requires right strategy in order to reach success and enhance the business to be bigger company. There are several matters which have to be paid attention to reach your business works properly that are consumers, cash flow, loan, credibility and capital.

Those five matters are the main factors deciding whether your business will succeed or fail over time. Before you start your business, let’s check these out one by one and learn carefully:

Consumers

Consumers are the lifeblood of business. They are the main factor whether your business works or not. There are a number of ways to get a huge number of consumers and also keep them to be your consumers always.

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Small businesses traditionally have tended to raise funds to keep their business running by writing a business plan, then they raise the funds, and finally execute their plan. In today''s economy, since mainstream banks usually have credit constraints, most entrepreneurs are forced to find a new solution for their funding, such as factoring invoices after their business has become stable. Entrepreneurs may be able to borrow money from their friends and family to invest into starting their business. It takes more time than you may think to raise funds, so you should consider bootstrapping, then bring in cash. An added benefit to bootstrapping is that you will be able to bring in money easier and faster by doing it that way. Investors are interested in investing in a business that is actively generating a large amount of revenue, and that has not previously raised money from investors.

You should be fully prepared to give up part ownership of your company to any investors that are helping you. This is why it is best to avoid raising money from others for as long as you possibly can. You will then get a larger piece of the pie. Once your business is up and running, it is important to factor invoices so that you can avoid a cash flow issue. Another good tip is to not accept funds from an angel investor if you are not certain that you can turn around and multiply those funds. You can garner funds faster from investors after you already have revenues due to the fact that they like investing in a business that has some revenue.

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