Wealth and Finance

How to Join a Franchise: 5 Signs That You’re Getting a Good Business

February 4, 2019 by Contributor Leave a Comment

*Contributed by Sarah Morris.

Franchising is a business concept that is increasingly attracting a lot of wannabe entrepreneurs nowadays. Many consider it a good and safe starting ground in business. If you ever wanted to open your own restaurant business but can’t put up a huge capital for it, you might consider franchising an established restaurant. With so many options to choose from, it can be challenging to choose the right one.

To evaluate your choice, here are some telltale signs that you’re definitely investing in the right franchise business:

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5 Quick-and-Easy Tips to Cut Operational Costs

January 24, 2019 by Contributor Leave a Comment

*Article contributed by Keith Coppersmith.

Reducing operational costs over the long term should be one of the top priorities for every growth-oriented business. After all, every penny you save can go right back into your company, aiding the innovation process, boosting marketing campaigns, and keeping your employees happy with their jobs. Where many business owners and leaders make a mistake though, is settling with the current operational expenses and working their way around them.

In reality, you could be saving thousands of dollars by making small (and not so small) changes in your daily processes and the way you do business in general. With that in mind, here are the five quick-and-easy tips to help you reduce operational costs, boost cash flow, and propel your brand forward.

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How to Save Money Using a Greek Hero’s Strategy

January 15, 2019 by Ray L. 2 Comments

Tagalog Version (Click Here)

*This article contains affiliate links.

The temptation to spend is everywhere. There are sales and discounts, luxury goods, and cool stuff we don’t actually need. There’s a nice new shirt or piece of clothing on the store window. There’s that little snack bar that makes your favorite food. There’s that nice set of headphones, earrings, or accessory that you want… and you do have money for all of them. It can’t hurt to buy a few, right?

A half-dozen shopping trips later, you realize that your wallet is almost empty and you barely have enough in your bank’s savings account to survive until the next payday.

The temptation to spend is everywhere and there’s always something we want to buy. We can, indeed, set a budget, but most likely we’ll overspend and break it. What should we do?

In Dan Ariely’s book, Dollars and Sense, there’s a strategy an ancient Greek hero used to avoid danger, and we can use that to save money and stop overspending. Dan called it “Ulysses contracts”, and it’s basically any strategy we use to avoid future temptation.

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Four Common Financial Mistakes to Avoid in Your 20s

January 10, 2019 by Contributor Leave a Comment

*Article contributed by Sarah Morris.

As a twenty-something, nothing beats the feeling of finally getting to earn money that you can call your own through your first job. Your newfound independence could send you into a frenzy that compels you to make bad decisions. However, if you don’t practice money management, you might end up broke and full of insurmountable debt by the time you reach 30.

When you’re in your 20s, you should avoid these four common financial mistakes:

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