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5 Types of Franchise Businesses
Types of franchise vary greatly. You can work full-time or part-time, manage the business or work in the business and rent an office space or work from home
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More fromBusiness & Planning
- The Hidden Costs of Buying A Bigger House
After calculating energy costs, property taxes, home furnishings and home maintenance, those extra 500 square feet can end up costing you thousands of dollars more than you realize.AVERAGE ONE-TIME COSTS WHEN BUYING A NEW HOUSEPurchase price of a average new house: $84/sq ftClosing costs: 3.5% of the home priceCosts to fully furnish a new home: 20% of the home priceAVERAGE ANNUAL COSTS OF HOME OWNERSHIPEnergy costs: $1.03/sq ftMaintenance: 1% of the home priceProperty taxes: 1.3% of the home priceOver a 30 year mortgage, each additional 500 square feet of space will cost you an extra-$42,000 in initial purchase costs$1,470 in closing costs$8,400 in furnishing$24,148 in mortgage interest$16,506 in property taxes$15, 450 in energy costs$12,600 in maintenanceHOW MUCH THAT BIGGER HOME WILL REALLY COST YOU OVER 30 YEARS ASSUMING YOU HAVE A 30-YEAR MORTGAGE AT 4%A 1000 sq ft house will cost you an extra $241,148A 1500 sq ft house will cost you an extra $361,722A 2000 sq ft house will cost you an extra $482,297A 2500 sq ft house will cost you an extra $602,871So before buying that bigger house, ask yourself:Is it truly worth the extra cost?
- Data as a Service Case Study—Chicisimo
When you run an intelligent operation and use data to make insights-centric decisions, you’re able to move with momentum. By taking out the guesswork of what consumers want, you’re able to iterate and innovate faster than before, while mitigating risk. Data as a Service providers help create systems to extract that data and use it to personalize experiences quickly, methodically, and strategically.Take a look at Chicisimo’s machine learning approach as a good example. This app helps its users decide what everyday outfit is right for them based on personal preferences. As you can imagine the results are quite subjective, so in order to accomplish its goal, the founders knew that they needed to personalize the experience. They turned to consumer data to tailor how the person used the app.
- The Working Dead. Is Sleep Deprivation Turning Your Employees Into Zombies?
According to the Centers for Disease Control (CDC), over 81 million or ⅓ of American adults are chronically sleep deprived and this number is rising. The problem is so prevalent that the CDC has declared insufficient sleep a “public health epidemic”.In 2016, Rand Europe published the study, “Why Sleep Matters, the economic costs of insufficient sleep” where they presented the causes, consequences, and related economic costs of insufficient sleep. The study found that the US loses up to $411 billion dollars a year due to sleep deprivation. Sleep deprivation is also linked to lower productivity, higher mortality risk, acute health risks, and workplace accidents which can have a detrimental effect on businesses.Source: Optisom
- Why to Choose Coreless Thermal Paper Rolls
Thermal paper is a fine paper coated with chemical which can change color when exposed to heat. It has been the most popular receipts used in retail & POS industry. For decades of years, there is a plastic or cardboard core inside thermal paper. The cores are in different sizes and shapes. But now we see more and more merchants choose coreless thermal paper rolls.As development of technology, the converting machines can produce coreless thermal rolls easily. And most thermal printers eliminate the central axis which helped paper feeding. With a coreless roll, the cashier doesn’t have to remove and throw the core when the paper runs out. It enhances cashier productivity. In other way, it’s good to the environment too. For merchants, they won’t pay money for the plastic or paper core. Last, the coreless roll saves space and can increase the paper length which decreases the times for changing the rolls.Source: thermal paper roll
- Entwicklung der Automatenwirtschaft
Die spannende Entwicklung der deutschen Automatenwirtschaft - ein Infografik von Jürgen W.
- 7 Surprising Dairy Cow Facts
This infographic showcases 7 facts about dairy cows you may not know. Because so few consumers have ever visited a dairy farm, our dairy farmers get a lot of questions about the cows, milk safety, and how milk gets from the farm to the refrigerator. Dairy farmers take great pride in caring for their cows and keeping them healthy and comfortable.Here are seven facts about dairy cows that might surprise you.Source: Australia's Livestock Exporters