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A Turnkey Business Package Is Easier To Budget

The corporate world is not where you want to spend the rest of working life. You’ve finally decided to follow your entrepreneurial dream and pursue business ownership. But what does that look like? Maybe you see a completely new, start-from-scratch business that you create on your own. Possibly you’re thinking of purchasing a start-up kit that will provide minimal assistance. Or maybe you’ve decided that you want to invest in a turnkey business package or a franchise to lessen the learning curve and enable you to be ready for business within weeks.

If you choose to start a business on your own or to buy a start-up kit, you’ll face many invoices coming in from a lot of different directions. You’ll have to hire a web developer/designer. Writers and designers for your logo and print marketing materials will also be needed. This can easily add up to thousands of dollars, and it’s often open-ended, depending on how many changes you make along the way. You’ll have printing costs for your business cards and brochures. And of course, all smart business owners realize there is a definite need for a business coach to help you work on your business (another monthly bill). Next you decide you need to have a monthly newsletter written and distributed so you can stay in front of your prospects and customers and also inform them of specials you might be offering. And now you have another bill coming in each month that wasn’t initially projected.

All of a sudden, you feel like you’re being buried under these mounting bills. You become concerned that you might have forgotten about other expenses that will show up soon. And that worry, on top of learning the business and working through the trial and error of a start-up, is causing you to lose focus. All of this is affecting your new business. All of this is affecting your projected success.

When you choose a turnkey business package or a franchise, you’ll find it’s easier to budget. You’ll have a fixed monthly payment, and you’ll know up front exactly what it’s going to cost you. Plus, you’ll have all those annoying start-up issues taken care of for you so you can focus on our business and achieving success.

When deciding what business model you will use, consider the long-term expenses. Many turnkey business packages and franchise offer financing so you’ll have all your expenses explained and anticipated up front. The contracted monthly payments will make it easier to budget, which enables you to plan your expenses and know the amount of revenue you need to receive on a monthly basis.

Economic and Regulatory Climate Timing for Truck Wash Start-Up Decisions

When is the best time to start a truck wash? Well, there are all sorts of reasons behind the timing of opening a new truck wash, and if you don’t time it right, you could lose a lot of money, in fact I’ve seen brand-new truck washes go bankrupt because they either didn’t complete their construction on time, or got caught in an economic downturn right as they were opening. In that case they were unable to make their payments on their business loans, and the rest is history.

Indeed before retirement, I was in the truck wash business and we had both mobile truck washing units to clean fleets, and fixed site facilities at truck stops. It was amazing the nonsense we had to go through with regards to environmental rules. No, we were not hurting the environment – in fact, our company was a champion of environmental methods, and often helped municipalities, counties, and states with their own NPDES permitting. Rather, everyone was so worried that something might or could happen in the future, that the paperwork got absolutely out of hand, and usually delayed the projects.

In fact, at one time I estimated that even when the construction was completed, it could be as much is 18 months more just to get the environmental impact report final signoff so that we could open and operate the business. This must be taken into consideration for those who have a solid business plan and wish to start a wash. Now then, back to the issue of economics. Right now the economy is starting to improve, this would be an excellent time to start a business of this type as sales for new trucks are very robust, and the freight loads are increasing each and every month, and quarter by quarter.

More trucks on the road means more trucks need to be washed, and that’s good news to keep the volume high to get a proper return on investment. Obviously, the number of trucks you wash per day multiplied by the price point will give you your total revenue. Therefore, if you want to be successful, you must wash more trucks. That sounds rather obvious, but some people miss that. When the economy is tough, or fuel costs are very high, trucking companies cut back on their truck cleaning. In other words, rather than washing each truck every week or every other week, they may only wash their trucks once a month or every third week.

Now then, no one knows for sure what sorts of nonsense environmental activists may come up with or bureaucratic nightmare one might have to go through before opening their truck wash, but it is a deciding factor, and it should be therefore considered when running the numbers, expect delays. Further, in the current economic climate, things seem okay for the trucking and transportation sectors, but we aren’t out of the woods yet completely. Indeed I hope you will please consider all this and think on it.

Call Center Services Keep New Business Start-Ups From Failing

Before diving into a start up company there are many things to consider that could otherwise cause a financial disaster in a short period of time.

Statistically, about one and every three businesses will fail within the first two years. Often times it’s just a matter of poor planning or lack of funding. The bottom line is that while the money may run out the bills wont and the employees will still expect their wages. The entrepreneur should take a close look at the cause of this alarming statistic before launching into to new venture. Naturally it is important to know your industry and your competitors but it’s just as important to know how to save money on the every day costs.

One commonly overlooked investment is the use of call center services, and specifically telephone answering services. These services can literally help a company to save money and make money at the same time. Here’s something to consider along the journey. When hiring a new full time receptionist a company can have payroll and taxes to the tune of about two thousand dollars a month. Additionally the employer will take on the cost of benefits, health insurance, and paid holidays. Further, if she’s like most people she will call out sick, run late and when the phones aren’t ringing she’s still on the payroll.

An answering service is usually open twenty-four hours a day and every day of the year. They never close, call in sick, or complain. More importantly, with the exception of a small monthly fee, a good service will only charge for usage. When you are only charged for usage that means you are only charged when calls are being taken on your behalf. Phone answering services usually only run about one dollar per call which means you could literally have a service take one hundred calls a month and still only spend about a twenty five dollars a week. It’s not even possible to hire a part time employee for that little amount of money.

The fact is most start ups can not afford the cost of a full time receptionist, but they know they really need one because they realize that an answering machine or taking your own calls says we’re a tiny company and we may not be big enough to serve your needs. Bottom line, image is very important, and we naturally tend to think the small guy is unsuccessful or not able to handle our needs. While that may not be true, perception is everything. A service creates the image of having your own live secretary and dramatically improves the overall image of the business.

A final reason to consider using call center services is time. Most new business owners are extremely busy and are either with clients, up to their neck in paper work or need to focus on a big project. Being enslaved to a telephone is not an option and it just slows the entire work day down. Let’s face it, you can’t carry on twenty phone conversations a day and work at the same time. Further, if you’re in a business that bills it service at an hourly rate it’s just not right to spend time with other clients while your current customer pays for it. Let a service do it for you and you’ll save time, money and create the image of being a big successful business owner.