There are 4 parts to a UFOC:* Cover Page* Table of Contents* Items 1-23* ExhibitsThe format for each of these sections is very specific and covers the following:Cover Page The Cover Page identifies the franchise business, including the name under which the franchisee would operate and what type of business it is. It also includes the amounts of the initial franchise fee. In addition, any additional risk factors are included on the cover in all...more
Whether you are planning to start a brand-new business, expand an existing company, or get financing for a business venture, you will need to write a business plan. A business plan not only lends your business a sense of credibility, but also helps you to cover all your bases, increasing your chances of success.Although writing a business plan can be a lengthy, intimidating project, it is not necessarily difficult. Here is an overview of how to...more
Exchange Traded Funds, better known by many investors as iShares, the brand owned by Barclays Global Investors ('BGI') have been around in the UK since April 2000, with the launch of the iFTSE100 on the London Stock Exchange. From a slow start, by the end of 2005 (the latest figures available), some 125 billion was held in assets under management. Generally, when you look for your share price information, you'll find them grouped in the extra MARK section, where you'll now find some 45 different ETFs on offer. Although they have been around for sometime, let's just remind ourselves how ETFs work. They are listed on the stock exchange, providing the flexibility and trade ability of a share, including the fact that the price is continuously quoted, but that one share can provide instant exposure to an entire Index, giving you the diversification benefits of a fund. ETFs are also a flexible way of achieving cost-effective market exposure. Because the funds are registered in Ireland, there is no stamp duty to be paid on purchases. Management costs are taken from dividends that are accrued by the fund, and any excess income is then distributed to shareholders: unlike unit trusts, there...more
Superior business leader and American investor Warren Buffett is often called "Oracle of Omaha" or the "Sage of Omaha" and philanthropist. (Wikipedia, 2007) Buffett is the CEO, and the biggest shareholder of the Berkshire Hathaway Company. Buffett's has an estimated current net worth of approximately $52 billion in US funds. Forbes Magazine ranks...more
People are losing their homes and many more will lose their jobs before the mortgage meltdown works its way through the system.To paraphrase Alan Greenspan's remarks on March 17th, 2008, "The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War. The crisis will leave...more
For many people, even those with good spending habits, creating and sticking to a budget may seem like a significant challenge. Learning to budget wisely, however, isn't just a tool for getting by from month to month. Good budgeting is the first step towards financial stability, both now and in the future.Before getting started, it's important to recognize that creating a personal budget can seem overwhelming. Coming up with an effective plan requires taking a clear, serious look at your existing financial situation. Skipping or glossing over this step may be tempting, but this choice most often leads to budgets that are just ineffective. When it comes to sticking to a budget, life inevitably gets in the way, and when an unexpected expense arises budgets can quickly lose priority. This ultimately defeats the purpose of a good, workable budget; leading to overspending that lays the groundwork for future financial difficulties.Creating an effective budget doesn't have to be difficult. The key, as in most every worthwhile endeavor, is proper planning. After putting a good budget in place, the next step is committing to reach clear, realistic budget goals. Here are a few tips for...more
Obviously, when it comes to credit card debt, the easiest answer for "how to get out of it" is simply to pay everything off. Unfortunately, everyone isn't in a position to do something like this, especially those with extreme credit card debt....more
Does listening to the news or reading the newspaper make you feel scared? Does walking to the mailbox invoke feelings of gloom and doom? Do you walk around the majority of the day feeling anxious and afraid as if waiting for the other shoe to drop?...more
Sources for goods in ChinaFirst establish who the supplier is! It seems obvious but there are many routes to buying products in China through agents, trading companies, wholesalers and factories or any number of "back door" sources. Agents operate on...more
Payday Generator is a new company with a product built for this economy. This business is marketing a travel membership second to none. Consumers can now save hundereds of dollars at week long luxury condo stays. The best part is, this unique travel...more
The economy is in its worst shape in over 60 years. At this difficult time, does your company have the energy and drive it needs to compete successfully? Some indications that your company needs a strong dose of "Viagra" include: Soft Sales - A...more
"Conviction is a belief you holdÂ… and it holds you."Bobby AllisonEntrepreneurial titans envision dominating an industry. Walt Disney, Howard Schultz, Bill Gates, both Watsons, Coco Channel, Bill France, Sam Walton, and Henry Ford didn't just rise to...more