Small Business Ideas

What is the Toughest Competitor For Your Online Business Opportunity
By Juhani Tontti

It is really very popular to use war terms, like tactics and strategies, price wars, and to call the marketplace battlefield. But does this give a totally wrong impression? When you think how to create an online business, does it mean to hit against someone else or to start war against some others?

However there is a huge difference between these two cultures. The army is simple and tough, the online business world is creative and much more emotional. So to create online business means entering into a very emotional world. (more…)

By Andre Chernih

The main advantage of buying a franchise is the reduced risk of failure. When thinking about starting a business, entrepreneurs always seems to compare buying a franchise to and independent start-up. That is a mistake.

Depending on which study is being quoted, and which time frame is being analyzed, the numbers are staggering in favor of Franchising. The numbers show more than a 90% survival rate after five years for Franchisees versus in the range of 20% for stand-alone start-ups. (more…)