What Are the Advantages of Buying a Franchise Over an Independent Business?

Buying a Franchise Over an Independent Business?

There are several distinct advantages to purchasing a proven franchise over an independent business.

Many entrepreneurs dream of building a company from scratch. But for many aspiring business owners, a start-up isn’t a realistic goal. With competition, high costs, and a large learning curve, more often than not, purchasing a franchise is a less risky path to success.

Check out some of the major advantages of buying a franchise over an independent business.

Brand Recognition

In the world of startups and small businesses, it’s ideal to step into a company that is already established. The hard work is already done for you: the outreach, the promoting, and there is already brand recognition. While different franchises certainly have different levels of awareness, owners can at least be confident that the product or service has been successful elsewhere.

Operating Systems

One advantage of buying a franchise is that the business has an established client base, operating history, and solid business plan. Franchises will have gone through rigorous procedures, giving new owners a well-thought out, stable operating system. New owners can avoid the mistakes that have already been resolved upon starting up.

Continuous Support

Another great reason to purchase a franchise opportunity is the availability of a support team. The franchisors share a concern for your success and will put systems in place to help you succeed. They will provide training for you and your team, and help you with questions that arise. Especially for first-time business owners, it can be very reassuring to know that someone is there to help over every hurdle.

Where there are risks in any new business venture, purchasing a franchise limits some of the concerns independent businesses carry.

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 Get Clients for a New Business

How to Get Clients for a New Business

Reach new customers to grow your startup.

As the owner of a new business, you’ll need to find (and keep) customers to get your company off the ground. It’s important to remember that every business had to start somewhere, so don’t get disheartened by a low number of customers to begin with. As long as they are quality customers that you can keep, you’re off to a good start! By consistently making an effort to bring in new business, you’ll reduce your risk of failure and grow business in a sustainable way.

Know your customer. You need to have a good idea of your target market. Build a profile of potential customers to help plan your next move, as you’ll need to know how you can appeal to them.

Understand your business inside out. Thoroughly understanding your industry and having a firm knowledge of your service is critical to being able to attract interested clients. When you know your service backward and forward, that fact comes through to clients.

Stay close. Take time to identify the media mix that’s most likely to engage and generate sales from your audience. Face-to-face conversations will always be important, but you no longer need to get out and about with the use of digital marketing. Think about the timing of your messages and when is best to send your clients emails. Social media can also deliver results, whether it’s current customers sharing your business, or your posts reaching a large net of locals.

Be responsive. This should go without saying in today’s digital world. Customers expect instant responses. If you want to compete, you need to get back to inquiries in record time. Ensure that you don’t substitute quality with speed. Simply responding to your prospect or customer saying that you’ll get back to them ensures that they aren’t left wondering if you got their email.

Say thank you. Once you’ve won a customer’s vote, keep them on board. It’s easier and cheaper to get more business from existing customers than it is to win new ones. Incentivize customers to stay with you and reward them for referrals.

Are you looking to start a business with a quality franchise? Check out our exciting franchise opportunity! When you’ve got your business plan in mind, you’ll need reliable commercial insurance. Contact All Nevada Insurance to get started on your tailored coverage.

Check These Things as You Apartment Hunt

Check These Things as You Apartment Hunt

Apartment hunting? Here’s what to consider when renting.

Whether it’s your first rental experience or your last, finding the perfect apartment that fits both your lifestyle and budget isn’t always easy. Thankfully, we’re here to help. Before you sign a lease on the first apartment you see, keep these considerations in mind.

The Price

First and foremost, can you reasonably afford to live here? Consider your budget before you begin apartment hunting to save yourself some heartache. You may need to find a roommate to help cover costs. Keep in mind that if an apartment’s rent is much lower than other rentals in the area, this is going to be a big red flag.

The Quality

Don’t trust those pretty pictures you see online. Before you rent an apartment, always view it first! Keep in mind that cosmetic issues, such as broken blinds, can be easily fixed. As you peruse the apartment, look for health and safety issues, such as insects, rodents, leaking faucets, water damage, dirty air filters, mold, and rust.

The Neighbors

When you have the opportunity, introduce yourself to your potential neighbors and ask them a few basic questions about what it’s like to live there. This can be especially helpful if you’re considering an apartment that’s in a building as opposed to renting a house. You may find you get honest answers from neighbors that conflict with what the landlord says.

The Neighborhood

Walk around the neighborhood to get a sense of the community. Better yet, drive through the area during rush hour if you will be commuting by car. This will help you get a better idea of what the traffic is like and how that will impact your daily life.

Your new apartment needs the right insurance to protect it from accidents and disasters. Contact All Nevada Insurance to get started on your reliable renter’s insurance policy today.

Your Salary as a Franchise Owner

Your Salary as a Franchise Owner

What you should know about your income before becoming a franchise owner.

All prospective franchisees have one thing in common: curiosity. They’re all curious about income – and for good reason. They all want to know how much they’re going to make so that they can determine if it is worth it. After all, if they are going to be investing their own money, they should be able to predict their salary range.

If you’re looking to become the owner of a franchise, it’s important that you know some basics first. One of them is your salary. It’s worth noting that there is no one solid figure that franchise owners can rely on. It all depends on the industry, how many hours you put into the business, what your lifestyle is like, among others.

Firstly, it’s important to determine if franchising is for you. It’s wise not to base your next career solely on a potential salary, so look for a franchise that inspires you, motivates you, and one that you are truly passionate about. If you dislike the industry, you’re likely to dislike the franchising ownership.

If you’re looking at becoming the owner of a start-up franchise business, you may not have a salary coming in during the beginning stages of your new business. You may have just invested some of your own money into a brand-new business, may have got a small business loan to cover the balance of the total franchise costs, and you may not have any customers for the first couple of weeks. That is why it is so important to go into franchising with the right company. They will be able to give you the help that you need to get up and running quickly and effectively, meaning that you can have business in no time!

When you do open up the franchise, you’ll certainly have money coming in. But even so, it may not be able to go into your pocket – it should go back into the business. You’ll have expenses to cover such as rent, inventory, advertising, and utilities. Your goal needs to be breaking even. It’s at that point in which your revenue pays your business expenses.

Talk to the franchising business, as they may be able to tell you how much you’ll make as a franchise owner. Finding information out has to do with income, and other pertinent information regarding the operation of the business needs to be part of your franchise research. Only then will you have the whole picture!

To get started on the right franchise for your needs, visit the team at All Nevada Insurance for an exciting franchise opportunity!

March is Asset Management Month: Here’s Why You Need Life Insurance

March is Asset Management Month: Here's Why You Need Life Insurance

Life insurance can help to protect your assets.

March is Asset Management Month, and many take this opportunity to review their asset protection. From safety precautions to security measures, protecting your assets comes in many shapes and forms. For most, large assets include a home, vehicle, and a sizable savings account. When it comes to your finances and family, life insurance can step in to help protect your assets when you are no longer able to do so.

Life insurance can protect your family and estate in a number of ways, including:

  • Pay Final Expenses

The cost of a funeral and burial can easily run into the tens of thousands of dollars. Most family members don’t have this cash lying around. Life insurance ensures the family doesn’t need to suffer financially in addition to emotionally at the loved one’s death.

  • Cover Children’s Expenses

Like most parents, you want to be sure your kids are well taken care of and can afford a quality college education. For this reason, additional coverage is absolutely essential while kids are still at home.

  • Replace the Spouse’s Income

If the stay-at-home parent passes away, the living spouse will need to hire services to handle the domestic tasks such as cleaning the house, doing the laundry, cooking, and taking care of the children. This extra expense could easily wear on the single income.

  • Pay Off Debts

In addition to providing income to cover everyday living expenses, the living family will need insurance to cover debts like the mortgages so that they don’t have to sell assets to stay solvent.

  • Pay Off Estate Taxes

Estate taxes can be steep, so having insurance in place to pay them is essential to avoid jeopardizing assets or funds built for retirement. Permanent life insurance can benefit large estates while ensuring the coverage remains until the end of life.

Find the right life insurance policy to suit your needs, budget, and family by contacting the team at All Nevada Insurance today!

How to Reduce Allergens Around the Home

How to Reduce Allergens Around the Home

Easy tricks to minimize the allergens in your home.

Spring is almost here! While that may be good news to some, to others it means the start of sneezing season. Spring can wreak havoc for allergy sufferers. Common indoor allergens include dust mites, mold and mildew, cockroach droppings, and pet dander. Of course, pollen from trees and grass can sneak into the home, too. These irritants cause some unpleasant side effects, including a stuffy head, streaming or itchy eyes, and a sore throat.

Here are a few tips on how to you can reduce allergens in your home.

Stick to a regular cleaning schedule. Keeping dust and dander at bay is a continual process. It’s especially important to stay on top of cleaning when allergies are concerned. Wipe surfaces with a damp rag rather than dusting, which often just brushes dust back into the air.

Implement a no-shoes policy. Keep dust, pollen, and more from entering your house by asking guests and family members to take off their shoes when they enter the door. Provide indoor and outdoor doormats to trap dirt from shoes.

Switch to light blinds. Thick drapes with lots of folds and pleats are masters at trapping dust and other allergens. Choose blinds that you can easily wipe down. If that’s not possible, switch out heavy drapes for light curtains that you can easily machine-wash often.

Opt for green cleaners. Harsh chemical cleaners may irritate those with allergies. Luckily, it’s quite easy to find safe and effective natural cleaners, so work on cutting out the synthetic stuff.

Wash linens in hot water. Bedding, towels, and kitchen linens should be laundered in hot water – remember that when you are shopping and choose fabrics that can stand the heat and inks that won’t fade.

Replace filters in fans and heating/cooling systems. This is key for keeping the air in your home clean. Change the filter in your bathroom exhaust system, air conditioning, or heating system often.

Keeping your home in good condition also means to secure reliable homeowners insurance. For quality homeowners insurancevisit the professionals at All Nevada Insurance. We serve Las Vegas, Henderson, and neighboring cities on Nevada!

The Basics of Getting Into a Franchise

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!

ALL NEVADA INSURANCE FRANCHISEES SUPPORT THE LAS VEGAS KNIGHTS

ALL NEVADA INSURANCE FRANCHISEES SUPPORT THE LAS VEGAS KNIGHTS

All Nevada Insurance goes out to support our local professional hockey team, The Las Vegas Knights. We treat our franchisees like family and enjoy the time we get to spend together for community events. We want to thank our General Agent with Amwins Financial, Shane Bowma, for giving us the opportunity to share this time together. GO KNIGHTS GO!

Pictured from left to right: Vinnie Mannino (Owner), Marc Van Ryne (Rancho location), Brian Craveiro (Eastern location), Paul Maxwell (Lake Mead location), Mauro Figueroa (Russell location), Ed Williams (Owner), Anthony Acevedo (Tropicana location), Teddy Alanano (Sunset location), Shane Bowma with Amwins.

Does Your Car Insurance Travel Out of State with You?

Does Your Car Insurance Travel Out of State with You?

Understand where your auto insurance leaves you before driving out of state.

Before a big road trip, the last thing on your mind is auto insurance. You’ve got to pack, plan your route, and tune up your vehicle. Even so, it’s important to take a moment to understand how and where your auto insurance will protect you. If you’re traveling out of state, you should know how that affects your current car policy.

Auto insurance requirements vary state to state, with each enforcing a different minimum liability coverage amount. It’s a natural to be concerned about coverage when traveling into different states that have higher liability requirements than what you may have on your policy. Here’s what you should know before you set off.

Where does my car insurance work?

Even if your insurance company doesn’t operate in the states that you’re planning on visiting, you may still be able to use your coverage. Generally, the only time your out-of-state insurance would not work is if you were moving to a new state permanently. In that case, you’d need to purchase a policy from the new state so you could satisfy their coverage requirements.

Where will my car insurance not work?

If you’re leaving the U.S. by taking a detour south to Mexico or north to Canada, you may need to secure different insurance while driving there. Many insurance companies do not extend protection to other countries, so be aware of this gap if you are venturing outside of America. However, if you do drive abroad, you can most likely get insurance from the rental car store where you pick up your vehicle.

The professionals at All Nevada Insurance are well versed in securing reliable auto insurance that will see the motorist through their entire journey and beyond! Located in Las Vegas, Henderson, and neighboring cities, contact us today.

3 Tips for Buying a Franchise

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!