Month: April 2017

The Basics of Getting Into a Franchise

Posted on by TheSph3r3
Basics of Getting into a Franchise

What you need to know about buying a franchise.

If buying an existing business doesn’t sound right for you, but starting from scratch sounds intimidating, you could be suited for a franchise ownership. To determine if this is the right way to go, it helps to know the basics of this process and how to get started.

What is a franchise?

A franchise is a model that fills the gap between working for somebody else and working for yourself. A franchisee pays an initial fee and ongoing royalties to a franchisor. In return, the franchisee gains the use of a trademark, ongoing support from the franchisor, and the right to use the franchisor’s system of doing business and its products or services.

What are the main benefits?

  • A well-known brand name is already established
  • Reputable franchisors conduct market research before selling a new outlet, so all the hard work is already complete
  • Safety and liability concerns are already addressed so there is a reduction of risk
  • Supervision and consulting is readily available
  • National and local advertising programs
  • Operations manual provided

What are the things to be aware of?

Franchising, however, is not for everyone. Headstrong, independent entrepreneurial types may feel restricted if they launch themselves into a franchise opportunity. Common downsides of owning a franchise are:

  • Loss of control
  • A binding contract

Also, know that some franchise systems work better than others. A weak franchise program will not train you well to handle the challenges of the business, will not help when problems arise, and won’ t make the best use of advertising dollars. Because of this, it’s essential to research the opportunity and company thoroughly before signing on the dotted line.

Once you’ve made the decision to become a franchise business owner, take a look at the All Nevada Insurance franchise system.  Get started with your franchise system today!

The Latest Work Trends That Improve Your Business

Posted on by TheSph3r3
Work Trends That Improve Your Business

New and emerging business trends improve the morale of employees and better your company.

Traditionally, going to work means a commute to the office to work from a desk from 9 a.m. to 5 p.m. every weekday. While, for many, this is still the case, the workday as we know it is evolving. Now more than ever, you have choices when it comes to where and when you work. Smart companies are helping their employees create a healthier work and life attitude by incorporating the latest work trends.

Check out how to modernize your workplace without losing momentum!

Flexible Work Arrangements

A position with flexibility built in can help you blend your work life with your personal life and other pursuits, whether it’s caring for your kids or running errands in the morning. Flexible work schedules might include working partly from home, working part-time or compressing your workweek into four 10-hour days with three-day weekends.

Remote Work

Working in an office isn’t necessarily a requirement anymore. The number of people working remotely in the U.S. alone has increased 103 percent since 2005. What’s more, the 3.7 million Americans working for a business from their own home find that they’re more productive than working in the office.

Innovative Office Design

While there’s all this talk about working out of the office, those who still turn up for their daily grind can’t be left behind. Many companies are changing the way their offices are designed to improve how people work. Flexible office spaces may combine open floor plans to encourage communication and spontaneous interaction along with private nooks for quiet time.

When you’re busy looking for ways on how to improve employee culture, don’t forget about securing the right business insurance. Get started on your tailored policy by calling the team at All Nevada Insurance today, serving Las Vegas and surrounding cities.

3 Tips for Buying a Franchise

Posted on by TheSph3r3
Tips for Buying a Franchise

Tips that help you to get ready to buy a franchise.

 For entrepreneurs itching to start their own business, purchasing a franchise can be a good alternative. Franchising can be less risky than starting from scratch. The franchisor will have already done a lot of work for you. The business plan is ready made, and everything is set up so that you can get started. Now all you need to do is purchase one!

However, any new business is risky, even a franchise. If you’re considering the leap, here are a few tips to help you purchase!

Conduct Research

You’re responsible for the due diligence before you invest – so be thorough! Make sure that you find out exactly what your role as the owner will be, and dig deeper than the franchise brochure. Ask the existing franchisees what their day is like and how much support they received. If they allow it, shadow him or her for a day so that you know what to expect.

Determine the Location

Restaurants, storefronts, homes – it’s all about location, location, location. One of the toughest, and most important, decisions a franchisee will make is choosing a location for their new business. Many franchisors will work closely with you to pick the perfect spot, sharing insights about what particular site characteristics lead to success with their organization.

Consult a Specialist

The Tax rules and contracts surrounding franchises can get quite complex. Don’t get weighed down with terminology and paperwork! Ask for help from a professional attorney, preferably one who specialized in franchise law. He or she will review your franchise agreement documents and identify any potential red flags.

Once you’ve decided to become a franchise business owner, check out All Nevada Insurance’s franchise opportunity. Find out more information by giving us a call today!

How to Choose the Right Franchise

Posted on by TheSph3r3
Choose the Right Franchise

Need help choosing the right franchise? Here’s how to get started.

Franchises are appealing to new entrepreneurs who want to the reduced risk of a proven product or service while still being their own boss. The parent company helps them to get on their feet and provides unlimited support for success. What’s not to love? The hardest part of securing a franchise is often deciding which one to join!

If you have no idea where to start, you’ll want to begin by asking yourself these questions.

What are my personal goals?

Everyone has different motivations for wanting to become an entrepreneur. Knowing what motivates you will help you decide where to begin. Do you want to spend more time at home, help others or further your entrepreneurial success? By figuring out your actual goals, you may be able to determine which franchise best meets your needs.

What role do I want to play in the business?

Do you want to be an active, hands-on owner or one that takes a back seat and hires staff to manage the business’s operations? Many franchisors offer an opportunity to be actively involved in management opportunity, but there are those that allow you to be relatively absent. Determine if you want to do a specific job, lead an organization, and manage managers!

What is my investment budget?

Franchise costs vary greatly, depending on the industry and specific business model. Take some time to weigh the initial investment against the expected return, along with your income, lifestyle and equity goals.

Do I have basic business skills?

Many franchises today want the franchisee to have the basic business know-how and entrepreneurial drive to succeed. In turn, franchisees who are focused on customer service and bettering the business are more likely to be profitable.

Ready to find the right franchise opportunity? Visit All Nevada Insurance today for more information!

What Driver’s Ed Does Not Teach Kids About Tires

Posted on by TheSph3r3
Teach Kids About Tires

Tread carefully! Here’s what to teach your kids about keeping tires safe.

While Driver’s Ed classes do much in the way of teaching your teen how to drive safely, it tends to neglect the very real side of being a motorist – car maintenance. Many teen drivers today don’t know where to begin when it comes to checking the safety of their vehicle, but they can drive impeccably. To help your child feel confident on the roads, teach them about the importance of tires!

Pressure

A car’s tire pressure constantly fluctuates, but it’s important that they are at the right psi (pounds per square inch). The sticker in the doorjamb will list the manufacturer’s recommended limits for tires, but it’ll be up to you to inform and instruct your child on how to check and top up the pressure. Maintaining good tire pressure can improve the fuel economy and safety for drivers of all ages.

Tread

The traction that the tires maintain with the road is vital to road safety, especially in adverse weather conditions. When tires age and wear, their tread decreases, making for slick tires that could be dangerous. It’s easy enough to grab a penny or buy a tire check kit – but teach your children why it’s important and what to do if the tread is flat. It can be extremely dangerous to drive with bald tires, so getting them replaced before they reach the red is imperative.

Flat

Getting a flat tire is all part of life. Even for the safest of drivers. Make sure that your teen knows how to change a flat tire roadside so that they are prepared.

Part of keeping your teenager safe on the road is insuring them with reliable coverage. Visit All Nevada Insurance today to secure auto insurance for your teen driver. We serve Las Vegas and beyond!

Are You Looking to Buy a Franchise? Here’s How to Start!

Posted on by TheSph3r3
How to Start a Franchise

Easy tips on how to get started with your franchise opportunity.

A franchise model offers a good track record, an established brand name, training programs, support, and marketing assistance. With all that at hand, it’s no surprise that many entrepreneurs are drawn to the built-in security. The best thing that you can do before buying a franchise is to research.

Here are some of the best ways to get started!

Attend franchise events. The International Franchise Expo hosts over 300 franchises and even more interested individuals. It’s a one-stop-shop in terms of basic information and networking, as well as determining which franchise opportunity you want to become a part of.

Talk to franchisors and franchisees. As an initial step, head to the franchise’s website and request more information or call them directly. Ask in-depth questions so that you fully understand the ins and outs of joining the team. If you want much of the truth, ask the franchisees directly about their experiences, including the support they’ve received. For a better hands-on look, see if you can shadow him or her for one day.

Ask consultants, lawyers. A franchise consultant, also called a broker or coach, can provide excellent advice, although keep in mind they are often working for the franchisor. This is a good route to go to avoid a mess later one down the road.

Perform a web search. The whole web is at your fingertips, so many the most of it! Find out everything you need to know, how you can prepare, view legal documents, and ensure there are no lawsuits filed against the chosen company.

Once you’ve decided to become a franchise business owner, check out All Nevada Insurance’s franchise opportunity. Find out more information by giving us a call today!

Your Step-by-Step Guide for Buying a Boat

Posted on by TheSph3r3
Guide for Buying a Boat

Your guide to buying your dream boat.

If you’re thinking about purchasing a boat, there’s a lot to consider first. A boat is a big purchase and an ever bigger responsibility. But, where do you get started? Check out this handy guide that briefs you through each process of buying a boat.

Assess Your Needs (and Wants)

Evaluate your needs by asking the following questions:

  • Who will use the vessel?
  • How will you use the boat? (Day trips, week-long excursions, water skiing, or just cruising?)
  • Will you use the boat year round?
  • How much can you afford?
  • Where will you use the boat?

Once you’ve asked yourself these questions, you’ll have a better idea of the type of boat you want and what you’re looking for.

Do Your Homework

In this digital age, it’s smart to make the most of it! Head online to research boats that fit your specifics, read up on terminology, and sign up for classes on how to handle a boat. Once you’ve found the vessel you’re looking for, check out the reviews online to see how other captains like it.

Get Involved

If you can, attend a boat show and start reading boating periodicals. It’s likely that sailing is your hobby, so why not learn the ins and outs of it!

Make the Purchase

When you’ve found the right boat, be sure to inspect it carefully. If you’re spending thousands of dollars on a boat, new or used, you may want to have it professionally inspected by a surveyor. If you’re borrowing money, your bank may require a surveyor to appraise your boat. Then you’re ready to take the plunge!

Insure It

Your new boat was a big investment, so it’s wise to insure it! Basic insurance coverage includes physical damage to your boat, bodily injury, property damage liability, and medical payments. You may also consider optional coverage for things such as personal effects, emergency services, and trailers.

When you’re ready to get started on securing boat insurance, visit the team at All Nevada Insurance, serving Las Vegas and beyond.