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The main mistakes of businessmen
Starting a business, many people set themselves the goal of getting rich. Many follow the well-known examples of people who have made a fortune in one sphere or another, imitate them in their lifestyle, copy their ideas in whole or in part, however, they do not achieve their goal either by remaining middle-class businessmen or losing everything altogether unclear reasons.
So what is the problem? Why do some manage to do business while others burn out and remain fools? Below we will present to you the most common mistakes of businessmen related to their behavior and their ways of doing business. Continue reading
How to create your own business
Those years have passed when a huge demand for almost everything existed in the country. You could, without your own money, start and grow your business. Now it has become more difficult. To do their job, they need money, but it is difficult to borrow it, almost as much as returning it. It’s good if the parents are firmly on their feet, so you can continue the business started by them, or do something else.
It is incredibly difficult to open your own business in the city. There are many shops, and small ones are gradually being crowded out by large supermarkets.
To work in the construction business – you need funds for equipment, communications, good workers and to be a member of the SRO builders (self-regulatory organization). You can’t do without an office either. Continue reading
10 franchising trends over the past 10 years
Experts predict a tenfold increase in franchised points by the end of 2025. Is it real? In order to answer this question, you need to look at the experience of the past 10 years. Namely: what happened over the years, what was acceptable and demanded before, and what today, and how the franchising market will develop in the near future.
Over the past 10 years, the franchising market has grown by almost 5 times. In 2017, about 1700 franchise concepts (brands) were presented on the Russian market, and the number of franchised points exceeds 50 thousand. For comparison, in 2007 the number of franchised concepts was no more than 300, and the number of franchised points was only 9.5 thousand. Continue reading