bookmark_borderStart and Grow Callshop Business

  • VoIP Service Provider: First thing you would require is a VoIP Service provider who will provide you Complete Callshop Solution along with Integrated Billing. There are several options are available who provide complete System however things you need to check before finalizing is how scalable their product is, from how long they have been providing the services in VoIP industry and most important thing is Customer Support, because for a Callshop business you would require instant Support otherwise you will end up losing your business.
  • Termination Provider: Second step will be to get best Termination provider, you will get many termination provider options however again same thing comes in the picture how good their services are, because quality of the call depends on the routes which provides by termination provider. You can test the quality and best thing to have multiple providers for routes so if you face any issue with particular one then you can jump on to another one at any point of time and your clients will keep on getting best quality which will be helpful for you to grow your business.
  • Required Hardware’s: To start you would require minimal investment on hardware, you need to have Server where complete system will be installed and accessible. If you go with your own Server that will cost you extra however there are options available to rent out the server as well which are less expensive and good option at the initial stage. Apart from server you will require IP Phones as well with which you can login with different Callshop login accounts and customer can directly make the phone calls by using IP Phones. Now coming over to last and important requirement and that is Callshop Booths.
  • Required & Important Characteristics: Features like Automated Billing, Auto Invoicing, Prepaid and Postpaid, Advanced Reporting System are main and required feature in a Callshop. It’s highly suggested and recommended to test a demo of the system and check the features, you may get several features by provider however you need to check which features are required for your business and which will never be used, because if any provider is providing you ample amount of features and charging you accordingly, there is no point to pay for those which is not going to be in use. So test the complete Solution before finalizing and then go for that.
  • How to Grow Your Business: Now this thing will come to your mind, what are the next steps once you have started, how to grow now. For growing in your Callshop Business first and foremost thing you need to take care of is Quality of your calls and competitive rates. At the initial stage of your business you need to provide services at very nominal charges along with the best quality. This is the most important aspect which will give a boost to your organization.

bookmark_borderEssential Franchise Information

Franchises have experienced annual growth of more than 50% – and are now also popping up in airports, railway stations and inside supermarkets.

There is intense competition for new franchisees -so don’t bow to pressure to sign on the dotted line – until you are 110% certain that your decision is the right one for you.

With the huge choice of what to go into – home services, personal services, financial services, retail, fitness, food, health and beauty, etc, etc – ensure that the one you choose is aligned with your existing skills and something that you have a genuine interest in.

Attend franchising seminars and collect all relevant information and data. Make sure you ascertain details on: upfront franchise fees; training fees; location fees; and ongoing franchise and advertising fees.

Find out how long the franchisor has been operating; what training and support they offer; what track record they have; are they f inancially stable; do they undertake demographic checks on potential sites; the success rate of existing (and past) franchisees; and how much control they exert.

Remember – there are no guarantees when purchasing a franchise – success in one location does not automatically ensure success in another! Your franchise may not become the immediate gold mine that you envisaged -it may take several years before you even reach breakeven.

Analyze your costs and know your numbers: what is the ratio of the rent to turnover; salaries to turnover; fixed costs to turnover. If you are borrowing the start up costs – make sure you factor in your loan repayments. Research the best method of borrowing the money – a business loan, a business mortgage loan, interest and principal, interest only??

Be aware that if you fail to follow the guidelines as laid out in the contract – the franchisor may, with warnings, terminate the franchise agreement.

Ensure that you get written substantiation to cover any earnings representation.

And – most important – seek EXPERT LEGAL ADVICE – before signing anything!

bookmark_borderBusiness Skills to Master As an Entrepreneur

Forget about perfection.

A lot of business owners get stuck on perfectionism. That is just not how business works. You simply need to move forward, throwing things at the wall to see what sticks and tweaking along the way. Be okay with making mistakes. Otherwise, you will be stuck in the development phase forever and you’ll never get your product or service out there. Most successful entrepreneurs have numerous failures before they finally find their ultimate success. The same goes for authors who send out their manuscript to rejection after rejection before finally getting published. Keep moving, and don’t give up!

Find Your Focus.

Entrepreneurs tend to have what I call EADD: Entrepreneurial Attention Deficit Disorder. They are all over the place, they have shiny object syndrome… and that’s because they’re creative! Entrepreneurs are visionaries. One thing they are often missing, however, is follow-through. If you’ve got a bakery, you’re a business coach and you also make jewelry, where is your passion? Where are you really able to dive deeply in order to see something through to its best outcome? You can certainly build more than one thriving business over your lifetime, but if you’re trying to do them all at once, you aren’t giving your all to any.

Jump In with both feet.

As entrepreneurs, you have to be willing to go into uncharted territory, to do what others haven’t and what they may even be discouraging us from doing. Generally, as humans, we fear change. Our brain is wired to protect us and we get that fight-or-flight response when we encounter something that’s out of our comfort zone – even if it’s good for us! We have to be willing to do things that feel risky in order to get the big rewards for ourselves and our businesses. Usually the bigger the risk, the bigger the reward will be. Don’t just test the water, Jump in with both feet! If you only “sort of” jump off of the diving board, you’ll do a belly flop. The support you need will come, but you have to commit to that initial leap of faith.

Learn to say “no” for yourself.

We’ve covered how important it is for entrepreneurs to know how to say yes, take leaps of faith and be brave in their decision making, but we also need to learn how to say no. When distractions come your way, such as exciting side projects that pull for your attention, it is important to be able to stay focused on your main goals. Say “no” so that you have more time for “yes” in the area that you most needs that energy and creativity to make your goal a success.