Business InformationBlog focus on Business InformationHomeContact UsDisclosure PolicyMore »More »More »More »More »Franchise Business: Running a Business with Minimum CapitalOctober 16, 2013FranchisingIf you want to start a business but you do not really have much money as the capital, you might think that the chance for you to own your business has been closed. You will normally think that way because to start a business, you really need to have the money and the amount needs to be big because there will be so many things you need to purchase and to pay for the operation cost. But, you must not think that the chance for you to have your business has been totally closed. There is still a great alternative for you to run your own company and you do not need to spend too much money. The secret is to get franchise business. If you are attracted to give it a try but you do not really know what it is, you better carry on reading because we are going to discuss it here.Franchise business has the concept that you will purchase the branding and then run the company on your own. Of course, you will still use the brand name. This kind of business method is claimed to be a lot much easier than to starting a business from a scratch. It is because the amount of the capital you need to spend can be minimized and it is also easier to develop your business. This kind of business does not really need you to spend much because basically and normally, the things you need to have to run the business will be given by the legal owner of the brand. Or you can purchase those things but you can pay them little by little so it will not be that hard for you. What’s mandatory for you is to provide the proper place to run the business later on because the brand owner usually has its certain requirements for the place. You can simply use your own place if you have it, or you can rent it.Another benefit in getting franchise business is the fact that you do not really need to do so much with the marketing especially to introduce the brand to the public. Normally, the brand has been so well known and highly reputable. Thus, you can think that you are running the branch company for the brand and you are the branch manager. It will surely save some time and also energy but you can optimize the profits. However, you should know that the profits need to be shared with the brand owner in which the percentage has been determined beforehand.Read MoreSourcing at Magic – North America’s Biggest Event SourcingOctober 11, 2013Business NewsSourcing at Magic is most comprehensive sourcing event in North America that reflects the fashion supply chain at its most complete. It provides access to more than 40 countries all over the world, giving its attendees the opportunity to discover new fabric, design, and manufacturing resources from around the world, and comparing prices and placing orders for their own production requirements. In addition to offering a marketplace for networki