Within our industry, we get a lot of people enquiring about the difference between business coaching and business consulting.
Within our industry, we get a lot of people enquiring about the difference between business coaching and business consulting.
Looking for a new business venture? Whether you’re an aspiring entrepreneur looking for your first opportunity, or a seasoned veteran, the choice to buy a franchise is one of the best you could make.
The franchise document is a legally binding agreement that specifies the different terms and conditions that the franchisor has for the franchise owner. In other words, it defines the relationship between the 2 parties. It also outlines the obligations that the franchisor has towards the franchise owner.
Buying a franchise does not remove the risk of failure and thoroughly researching and evaluating a franchise before you buy it can play a huge role in determining its success.
Buying a franchise offers many advantages that are not available to professionals starting an independent business. For starters, a franchise is a proven business system that has tested the waters in the market. New franchises benefit from the R&D, advertising, and operations support from the franchisor, which make a franchise operation much faster to set up.
Due to the flexibility offered by Valenta’s unique franchise model, franchise owners do not need to immediately quit it their current jobs to start building their franchise business. They can develop their business part-time until profitability is achieved which usually takes around 12-18 months.
A franchise is an agreement between 2 legally independent parties wherein one party (the franchisor) grants to the other party (franchise owner) the rights to market/sell a particular product/service using the franchisor’s trademark and logo.
Although by no means a new concept, the outsourcing industry began to grow in earnest in the mid-1990s and early 2000s thanks largely in part to the internet boom. Since then the industry has seen rapid growth from $45.6 billion in 2000 to $88.9 billion in 2017, practically doubling in size in less than 2 decades.
Jeremy Kim is an experienced attorney that has been working with corporations of all sizes for more than 16 years. Today, he is a Principal Consultant at Valenta BPO, and his story is one that many people considering turning to business or franchise ownership can appreciate.
Looking for a new business venture? Whether you’re an aspiring entrepreneur looking for your first opportunity, or a seasoned veteran, the choice to buy a franchise is one of the best you could make.
In this edition, we have ValentaBPO for the cover story. We also have a Finance article from James Scurr of Cashflow It. Have a run through with what’s up with locations for a great food business… and much more!
Have you ever heard of a staffing company that provides process consulting, digital transformation and outsourcing services, either with full time dedicated staff or part-time, from India and Malaysia? Well, now you have.
While passion and effort are crucial in a successful business model, the reality of operating a business can be daunting thanks to the innumerable overheads entrepreneurs face.
Most business professionals reach a point of saturation and find themselves performing mundane tasks for little reward. They think about starting their own business but unlike other industries, the corporate development market is fraught with risk and breaking the mold is difficult.
As a small business owner, you are no doubt doing everything you can to grow your business. As much as you value efficiency and effectiveness, you may be constrained by a number of factors be it lack of budgets, less than ideal talent, burgeoning overheads, etc.
If you are looking to start your entrepreneurial journey then a globally proven BPO firm like Valenta may just be the right business for you.