MasterFranchising.com: Get Wealthy with the Master Franchising Advantage.
Master Franchise
  1. Effectively Managing Your Growing Business
  2. Managing the External Environment
  3. Managing the Internal Environment
    1. Human Resource Issues
      • Ensuring Open Communications
      • Balancing Schedules Stress and Personnel
      • Setting Duties Tasks and Responsibilities
      • Business Team
      • Controlling Conflict
    2. Structural Issues
      • Organization
      • Structure
    3. Policy and Procedural Issues
      • Authority
  4. Management by Objectives
    1. Operating Reports
    2. Other Issues
      • Risk Management
      • Consultants
  5. Human Resource Management
  6. Developing a Responsive Personnel System
    1. Assessing Personnel Needs
    2. Job Analysis
      • Job Description
      • Job Specification
      • Recruiting
    3. Sources of Employees
      • Screening
      • Selecting and Hiring
      • Orienting New Employees to Your Business
      • Compensation Issues
      • Cafeteria Planning
  7. Employee Training & Development
    1. An Effective Training Program
    2. Purpose of Training and Development
    3. The Training Process
      • Identifying Training Needs
      • Selection of Trainees
      • Training Goals
      • Training Methods
      • Trainers
      • Training Administration
      • Evaluation of Training
  8. Building Employee Trust & Productivity
    1. Honesty
    2. Fairness
    3. The Legal Environment
    4. The Personnel Manager
  9. Financial Management for the Growing Business
    1. Managing Financial Growth
      • Persistence
      • Balance
      • Other Considerations
      • There Is No One Right Way
  10. Obtaining Capital for Growth
    1. Deciding To Actively Pursue Growth
    2. Understanding Financial Statements
      • Balance Sheet
      • Income Statement
      • Developing Projections
      • Determining the Break-Even Point
      • Estimating Expansion Costs
      • Building Costs
      • Equipment Costs
      • Inventory Costs
      • Accounts Receivable
      • Estimated Expansion Expenses
      • Purchasing Another Business
  11. Obtaining Financing
    1. Bank Requirements
    2. Collateral
    3. Equity
      • Cash Flow Projections
      • Income (Profit and Loss) Projection Statement
      • Management Ability
      • Personal Financial Statement
      • Market Value Balance Sheet
      • Business Plan
    4. Other Sources of Financing
      • Other State Financing
  12. Managing Capital
    1. Effective Cash Flow Management
      • Cash Flow vs. Income Projections
      • Borrowing Money
      • Tax Obligations
      • Managing Credit
      • Discounts for Early Payment
      • Increasing Sales
      • Techniques for Reducing Costs
      • Analyzing and Keeping Costs within Industry Averages
      • Determining Highest Costs
      • Buying Groups
      • Inventory
      • Use Contracts
      • Overhead Costs
      • Management Compensation
      • Use of Bar Code
      • Leasing Equipment
      • Training Employees
      • Expansion
      • Diversification
      • Joint Ventures
      • Reducing Costs by Managing Risks
      • Lawsuits
      • Patent Infringements
      • Machine Breakdowns
      • Supplier Problems
      • Customer Credit
      • Bank Failure
      • Physical Damage
      • Personnel Problems
      • Unions
      • Unknown Laws
      • Tax Requirements
      • Warranty Claim Risks
  13. Documenting Results
    1. Your Accounting System
      • Cash-Based vs. Accrual Accounting
      • Single- vs. Double-Entry Accounting
      • Choosing a Fiscal Year
      • Form of Ownership
      • Multiple Accounting Systems
      • Computer Applications
      • Relationship with Your Accountants
      • Tax Consequences of Growth
Take the time to educate yourself PRIOR to spending your life's saving on any business venture. Spending a few dollars acquiring knowledge and evaluating an opportunity could save you years of aggravation. We have assembled here a number of our favorite business franchising books and guides to help you "Get Started".
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