Archive for August 19th, 2005
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Bison: So, what is the UFOC? The UFOC is the document most often used by franchisors when making required disclosures to potential franchisees. Generally, all franchises are subject to disclosure requirements imposed by both federal and state law before any offer or sale of a franchise can be made. Franchisors make these disclosures, as required [...]
Though he hasn’t been updating as much as when he first started, John Canter is still writing his excellent series Entrepreneur’s Diary for StartupJournal. His most recent essay talks about building a website for his small retail store.
Your Niche May Be Right Under Your Nose
Home Work: Many people possess an undying entrepreneurial spirit, even if they aren’t officially in business. … My cousin is unbelievably organized. She organizes people’s closets for fun. About a year ago I told her she should start a business. And this week she told me she has her first customer. She thanked me because [...]
Derek Sivers has the clearest explanation yet of why he thinks ideas are practically worthless: AWFUL IDEA = -1 WEAK IDEA = 1 SO-SO IDEA = 5 GOOD IDEA = 10 GREAT IDEA = 15 BRILLIANT IDEA = 20 NO EXECUTION = $1 WEAK EXECUTION = $1000 SO-SO- EXECUTION = $10,000 GOOD EXECUTION = $100,000 [...]
