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Naz Daud's Articles

  • The Best Business Opportunities For Entrepreneurs
    There are many business opportunities advertised on the internet, newspapers and magazines. Not all of them can really make you any serious money. I have listed below the business opportunities which I consider worthwhile and lucrative.

    Franchises – I would seriously entertain the idea of buying a franchise opportunity if you are not sure about starting a business on your own. It is a good idea to talk to existing franchisees to see how well they are faring.

    If most of...
  • Your Internet Business, Alexa And Google Page Rank
    Alexa gives you information on how much traffic your website is getting. You can use this analysis if your business is on the web. They do this by analysing the sites that people who have installed the Alexa toolbar visit. They mainly only give figures at domain level only. All the traffic to any other pages within the domain name is allocated to the domain name.

    If you go their site and type in your domain name you can see a chart which when clicked on gives you three se...
  • Advantages Of A Franchise Opportunity
    A Franchise Opportunity has numerous benefits over starting a business on your own. The major reason why it pays to become a franchisee is that you are much more likely to still be trading profitably after five years of trading. Over eighty percent of new start ups fail within the first five year!

    When one buys a business from a franchisor they receive a detailed training programme. This covers all aspects of running a business. The training programme is critical in ensuri...
  • Make Your Business Opportunity Succeed
    When a business decides to try and outperform the competition with their opportunity it is necessary to provide an alternative solution to what exists; this may seem obvious but is not so to most of the working world.

    What many businesses provide are a solution to these problems-indeed they have made a business out of it.

    One of the key aspects of any business is the need to transfer goods from one place to another (internet accepted)

    So on the subject of transportat...
  • Business Advantages - Working From Home
    It was generally accepted that one had to be in an office to work efficiently, probably until the late 1960’s-early 1970’s when people began to question the old methods and new trends began.

    Why was this? In my opinion, it was a general level of questioning things throughout society, not just the workplace but the establishment across the board, eg. fashion,music,films,etc all questioned the old practises and looked for a way to change them to their advantage –this brought...
  • Selling A Franchise Business
    Selling a franchise business is not as straight forward as selling your own business. Your franchise agreement will have detailed instructions on the procedures that you need to follow when you take the opportunity to sell your business.

    The franchisor will be able to assist you in valuing your business and will probably insist that you use the methods of valuation as set out in the franchise agreement. You will of course be free to seek independent advice and valuations.
    ...
  • In Business – An Opportunity Lies In Doing What Others Do Not Do!
    In business, the best way of making money is to find an opportunity in the market doing what others won’t do or are not prepared to do.

    In the last 10 years a big business boom story in Scotland has been the hand car washes where they clean your car in a conveyor belt system. They tend to have 3 or bays and each bay can hold 3 or 4 cars. I go to the one in Dundee that opened 3 years ago.

    One guy will soap your car another guy will use a large sponge to scrub the soap i...
  • Is Your Business In The Comfort Zone?
    I have an acquaintance who supplies products to the small business retail trade. He decided a few years ago that he was happy with the level of business he had. He stopped all forms of new marketing and focused on just keeping his existing customers happy.

    He was now comfortable and business was good. What he failed to realise was whilst he was not seeking new customers, more and more supermarkets were opening in the area. They were taking business left, right and centre f...

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