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Added for You - Home Business - What Were Those Customers Thinking?
Franchising research is a dangerous business for potential Franchisees. The Franchisor can hold all the cards….unless you see the relationship for what it is!I’ve set out below 4 rules that I go into in more depth in my book. Ignore these at your peril, but take them into account and you and the Franchisor can have discussions with the deck not stacked against you.1) The Franchisor is wishing to enter into a contract with you that will enable him to grow his business. The relationship that you develop is based around MUTUAL benefit. In the light of this, there is no need to feel that you have to impress the Franchisor or that when you meet with them you are applying for a job.2) The purchase price of the Franchise should be in proportion to the rewards that are realistically on offer. Don’t forget, every penny spent in the purchase of the Franchise is one less going into the development of the Franchise after purchase.with this (current system)?
Wes: Pipe leaks are easier to find, leaks around windows. 9 times out of 10 where you see the water is not where its entering, it could be 10 feet away. We used to hire a man about 15 years ago who injected pipes with a gas, then used meters to detect the gas. He also used dyes and injected them, looking for colors to show up in the leak area. We currently don't use him, just basically use our best guess and tear it apart.
Rich: What would be "really great to have" that's not currently available?
Wes: I used to call that specialist out, but we don't use him anymore, just go on our own. We don't have a way of finding leak sources, just tearing out walls, sometimes up to 8', and then rebuild. Finding out quickly the exact pinho
What so good about corporate award and gift? Everybody knows achievement gives a person a sense of pride and accomplishment. What might not be as well understood is that it's the recognition that makes much of the difference. By using awards and gifts in your office, you can encourage your employees to work hard and to achieve more. By giving a well- performing employee an award, you not only stimulate further improvement in him, but in the rest of the office as well, because they will want the same recognition.Corporate awards and gifts really works. It may sound simplistic, childish even, but the fact is people feel more appreciated and work harder as a result when they know their peers and superiors are recognizing their achievements. Sometimes it's difficult to show that recognition in a way that other people in the office will also notice. That's why giving your employees an award or gift can be so
Shown below is an example of one contact I made concerning a new product and technology we were researching. It is important to be ready to document everything, such as who you talked to, where they worked, and what their position was. Have good general open-ended questions ready to ask. Simply ask the question and let them talk. Write fast and take detailed notes. Such data is important for the market study report you should put together for your business or home business, and which will be studied by you, other owners, investors, lenders, or management. Seek to connect with influential people, buyers, users, and anyone who will buy or use your product. Let the facts and feedback speak to you. Don't go forward without diligently doing this research, or you could lose a lot of money on a product no one wants. Here is how a market research interview could go:
COMPANY: Primemark Contractors, Home Remediation and Water Damage Repair
Contact: Wes Woodenville, Project Manager, 1-319-566-5232, 113 Tesla, Irvine, CA 92618
INTERVIEWER: Rich Kimura. Time: 60 minutes, January 2, 2007
Rich: Hi Wes, This is Rich Kimura. I'm working with a group of engineers who are researching a new technology which uses electromagnetic radiation i.e. radar to see into walls and ceilings. The device would detect moisture, wiring, piping, and other structures inside walls. Your expertise and experience would be very valuable in helping to understand how this technology could be useful to you and the industry. OK, here are some questions.
Rich: How do you go about detecting moisture in walls now?
Wes: Moisture is a huge problem here, and it's getting worse. Mold is the biggest health concern. If you could find leaks in walls and ceilings that would be very useful. Right now, you can't tell where moisture is entering, only where it is showing up. It is most critical to know where it is entering, e.g. where is the roof leaking? Water moves and the leak may be 10 feet or more from where the source is. If the device can tell you this, or give a picture of what’s going on inside the walls it will be a big breakthrough.
Rich: What kind of hassles have you had with this (current system)?
Wes: Pipe leaks are easier to find, leaks around windows. 9 times out of 10 where you see the water is not where its entering, it could be 10 feet away. We used to hire a man about 15 years ago who injected pipes with a gas, then used meters to detect the gas. He also used dyes and injected them, looking for colors to show up in the leak area. We currently don't use him, just basically use our best guess and tear it apart.
Rich: What would be "really great to have" that's not currently available?
Wes: I used to call that specialist out, but we don't use him anymore, just go on our own. We don't have a way of finding leak sources, just tearing out walls, sometimes up to 8', and then rebuild. Finding out quickly the exact pinhol
Once you've accepted the offer with your new employer and set the start date, obviously the next step is to let your current employer know you'll be leaving. Write a brief letter of resignation (the operative word there is "brief").If you feel a need out of loyalty or guilt to write anything more than a few short sentences, curb it. The only information your letter needs to contain are the following two (possibly three) items: that you are leaving your current company what your last date of employment will be, and if you feel comfortable adding a sentence or two about how you enjoyed working for your current company, and you appreciate the opportunity to have been a part of the organization, tack that on It should NOT include: why you are leaving where you are going what you will be doing in your new position how much you will be making when you get there how
Shown below is an example of one contact I made concerning a new product and technology we were researching. It is important to be ready to document everything, such as who you talked to, where they worked, and what their position was. Have good general open-ended questions ready to ask. Simply ask the question and let them talk. Write fast and take detailed notes. Such data is important for the market study report you should put together for your business or home business, and which will be studied by you, other owners, investors, lenders, or management. Seek to connect with influential people, buyers, users, and anyone who will buy or use your product. Let the facts and feedback speak to you. Don't go forward without diligently doing this research, or you could lose a lot of money on a product no one wants. Here is how a market research interview could go:
COMPANY: Primemark Contractors, Home Remediation and Water Damage Repair
Contact: Wes Woodenville, Project Manager, 1-319-566-5232, 113 Tesla, Irvine, CA 92618
INTERVIEWER: Rich Kimura. Time: 60 minutes, January 2, 2007
Rich: Hi Wes, This is Rich Kimura. I'm working with a group of engineers who are researching a new technology which uses electromagnetic radiation i.e. radar to see into walls and ceilings. The device would detect moisture, wiring, piping, and other structures inside walls. Your expertise and experience would be very valuable in helping to understand how this technology could be useful to you and the industry. OK, here are some questions.
Rich: How do you go about detecting moisture in walls now?
Wes: Moisture is a huge problem here, and it's getting worse. Mold is the biggest health concern. If you could find leaks in walls and ceilings that would be very useful. Right now, you can't tell where moisture is entering, only where it is showing up. It is most critical to know where it is entering, e.g. where is the roof leaking? Water moves and the leak may be 10 feet or more from where the source is. If the device can tell you this, or give a picture of what’s going on inside the walls it will be a big breakthrough.
Rich: What kind of hassles have you had with this (current system)?
Wes: Pipe leaks are easier to find, leaks around windows. 9 times out of 10 where you see the water is not where its entering, it could be 10 feet away. We used to hire a man about 15 years ago who injected pipes with a gas, then used meters to detect the gas. He also used dyes and injected them, looking for colors to show up in the leak area. We currently don't use him, just basically use our best guess and tear it apart.
Rich: What would be "really great to have" that's not currently available?
Wes: I used to call that specialist out, but we don't use him anymore, just go on our own. We don't have a way of finding leak sources, just tearing out walls, sometimes up to 8', and then rebuild. Finding out quickly the exact pinho
In short, yes. Provided that your company meets certain criteria.Invoice factoring has been gaining popularity as a tool to finance growing businesses. It is a solution that accelerates payments from slow paying clients, freeing up cash flow and allowing companies to grow. By eliminating the uncertainties of when they’ll be paid, business owners can use factoring to stabilize their business and put it on a growth path.However, factoring is not for everyone. For factoring to work, your business must meet certain criteria:1. It must be established and have commercial or government (not consumer) sales 2. Your profit margins must be at least 12% or higher 3. Your biggest problem must be that clients are taking too long to pay their invoicesIf you fit these criteria, then there is a chance that factoring financing will be a good solution for your business. It may not be as inexpensive as a business loan,
COMPANY: Primemark Contractors, Home Remediation and Water Damage Repair
Contact: Wes Woodenville, Project Manager, 1-319-566-5232, 113 Tesla, Irvine, CA 92618
INTERVIEWER: Rich Kimura. Time: 60 minutes, January 2, 2007
Rich: Hi Wes, This is Rich Kimura. I'm working with a group of engineers who are researching a new technology which uses electromagnetic radiation i.e. radar to see into walls and ceilings. The device would detect moisture, wiring, piping, and other structures inside walls. Your expertise and experience would be very valuable in helping to understand how this technology could be useful to you and the industry. OK, here are some questions.
Rich: How do you go about detecting moisture in walls now?
Wes: Moisture is a huge problem here, and it's getting worse. Mold is the biggest health concern. If you could find leaks in walls and ceilings that would be very useful. Right now, you can't tell where moisture is entering, only where it is showing up. It is most critical to know where it is entering, e.g. where is the roof leaking? Water moves and the leak may be 10 feet or more from where the source is. If the device can tell you this, or give a picture of what’s going on inside the walls it will be a big breakthrough.
Rich: What kind of hassles have you had with this (current system)?
Wes: Pipe leaks are easier to find, leaks around windows. 9 times out of 10 where you see the water is not where its entering, it could be 10 feet away. We used to hire a man about 15 years ago who injected pipes with a gas, then used meters to detect the gas. He also used dyes and injected them, looking for colors to show up in the leak area. We currently don't use him, just basically use our best guess and tear it apart.
Rich: What would be "really great to have" that's not currently available?
Wes: I used to call that specialist out, but we don't use him anymore, just go on our own. We don't have a way of finding leak sources, just tearing out walls, sometimes up to 8', and then rebuild. Finding out quickly the exact pinho
The professors and instructors at the top colleges and universities in the United States and throughout the world are to be held in high esteem for they educate the next generation that will be leading this great nation and the world. Not only does the public hold professors in high esteem, but luckily they also hold themselves in high esteem, which gives him the confidence to stand in front of students and teach.Entrepreneurs are always quick to criticize academic professors because they often say with much disdain; "Those That Can't Teach!" This is the entrepreneurs way of saying; "We Are the Ones That Built Everything You See Everywhere You Go Including The University Itself, Not the Academics." Indeed, both could be said to have good points and both are needed. The professors are needed to ensure that our population is educated and the entrepreneurs are needed to provide jobs, the economy and deliver the desires and wishes to the
Rich: How do you go about detecting moisture in walls now?
Wes: Moisture is a huge problem here, and it's getting worse. Mold is the biggest health concern. If you could find leaks in walls and ceilings that would be very useful. Right now, you can't tell where moisture is entering, only where it is showing up. It is most critical to know where it is entering, e.g. where is the roof leaking? Water moves and the leak may be 10 feet or more from where the source is. If the device can tell you this, or give a picture of what’s going on inside the walls it will be a big breakthrough.
Rich: What kind of hassles have you had with this (current system)?
Wes: Pipe leaks are easier to find, leaks around windows. 9 times out of 10 where you see the water is not where its entering, it could be 10 feet away. We used to hire a man about 15 years ago who injected pipes with a gas, then used meters to detect the gas. He also used dyes and injected them, looking for colors to show up in the leak area. We currently don't use him, just basically use our best guess and tear it apart.
Rich: What would be "really great to have" that's not currently available?
Wes: I used to call that specialist out, but we don't use him anymore, just go on our own. We don't have a way of finding leak sources, just tearing out walls, sometimes up to 8', and then rebuild. Finding out quickly the exact pinho
Many CEOs and marketing directors find their time wasted evaluating marketing opportunities instead of acting on them. When every possibility is followed, a meandering trail of hit and miss effectiveness is the result. Despite significant expenditure of time and money, marketing tactics may not produce the desired gains.What is their problem? They are missing a crucial step in the marketing arsenal -- branding. The power of branding is that it is not just for your customers. When done correctly, it also creates a roadmap for you to follow internally, streamlining your planning and decision-making processes for years to come.Outward BrandThis is what many people relate to when thinking of a "brand:" a logo, tagline, style of advertising, product packaging, etc. These are not the brand, but rather the brand elements. To be truly branded however, all of these elements are developed based on the core value of the company. The
Wes: Pipe leaks are easier to find, leaks around windows. 9 times out of 10 where you see the water is not where its entering, it could be 10 feet away. We used to hire a man about 15 years ago who injected pipes with a gas, then used meters to detect the gas. He also used dyes and injected them, looking for colors to show up in the leak area. We currently don't use him, just basically use our best guess and tear it apart.
Rich: What would be "really great to have" that's not currently available?
Wes: I used to call that specialist out, but we don't use him anymore, just go on our own. We don't have a way of finding leak sources, just tearing out walls, sometimes up to 8', and then rebuild. Finding out quickly the exact pinhole, etc would be essential.
Rich: What else might you be looking for in a wall section?
Wes: The source of the leak. That is the most important. But, speaking of non-water, our current practice is to take complete digital pictures, and a video of all wall installations before putting on any sheet rock. We get tons of pictures of walls and ceilings. Any future problem, remodel, we have records of each installation. We also give the homeowner a copy of the pictures and a video. I probably spend a half a day taking pics, then the video. Most homebuilders in the high-end market do this, but maybe 1/2 to 2/3 may not in other lower end markets. We have to make sure it's right and tight before sheet rocking, along with 4-5 detailed independent inspections too. Windows/penetrations are a top concern. Now, with new rubberized materials seals are getting much better. We document everything before closing it up, this protects the builder.
Rich: How much of your overall business (time) is spent in detecting moisture?
Wes: It's hard to say, but more time is spent tearing out walls. Not much time is spent detecting it, we fix the problems however.
Rich: Where do you typically find out about new technology?
Wes: Word of mouth, when we see another contractor or inspector using something new, we may ask about it. If it works, word gets around quickly, and we'd buy one.
Rich: How do you make decisions on what technology to purchase?
Wes: If it works we'd buy it, if others who use it are happy with it.
Rich: How important would compactness and portability be?
Wes: That's the only way it would work.
Rich: How much do you think the average contractor would be willing to pay?
Wes: Maybe 3-4 inspections may cost $300-400 per inspection, so maybe $1200 - 1600 for a device. We wouldn't think twice about spending that much on a unit if it worked. Home insurers may pay more because they'd use it all the time.
Rich: How would you recommend we get the word out once the product development is completed?
Wes: Word of mouth, Maybe a trade magazine? Yes, maybe. But, word gets around fast if someone has a good way of finding leak sources.
Rich: What would you think if this product were franchised? (No time to discuss.)
Rich: Who else should I talk to?
Wes: The track home, condo, and apartment contractors, who build large numbers of spec. homes and units. They may have a greater need for quickly finding problems, due to the large numbers of units they work with. Home inspectors, yes, talk to them. They'd use a unit if it were portable.
Rich: What else should I have asked?
Wes: Most California builders are very conscious of being sued. But home insurers are not, right? Your device is awesome, I don't think $1000 - $1500 would be unreasonable - if it can really pinpoint the leak we'd buy one. If you could do tests, with nail-hole sized leaks, finding out where the water comes in, and if it'll tell you exactly where this hole is, that is much more important than moisture in general. You mus
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