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3 Ways Franchising Can Benefit Your Small Business

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A businessman at a meeting

A businessman at a meetingHas your small business been successful the past years? Have you been thinking about expanding it? Have you been researching topics like “How to Franchise My Business” or “Is Franchising for Me”? Then perhaps it’s time to take action.

Franchising has been a growing practice for many businesses, and it continues to grow even through the age of technology. In 2017, there were over 745,000 franchise establishments in the US estimated to be in operation.

If done strategically, franchising can make your business grow in ways you have never imagined. Here’s a breakdown of how you’ll benefit from franchising your small business.

It provides for the expansion capital.

If you’re branching out, you might have to borrow money to fund that kind of expansion. In franchising, whatever the franchisee pays will be enough to cover this. You won’t have to worry about registration, rent deposits, fixtures and other expenses. The franchise fee can pay for all of that.

It eliminates employee-related issues.

Whoever buys your franchise will also employ their own managers and staff. This frees you from having to deal with labor issues such as worker’s compensation, employee complaints or background checks.

It gives your business the chance to expand overseas.

With the help of technology and the world wide web, you can franchise your business to international prospects. This automatically makes your business an international brand. Going global will now be more achievable.

Remember that any business move must be planned and executed well to reap its maximum benefits. Franchising is no different, especially since you’re dealing with entities that will be carrying your brand.

One wrong move can make your franchising strategy go the other direction. So, take your time and trust your instincts, because that’s what good entrepreneurs do.

The Preparations You Need to Make Prior to Filing for Divorce

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Girl contemplating divorceDivorce is almost always an extremely difficult time for everyone involved – the couple, their children, other family members, and even friends. There are many cases though, wherein dissolving a marriage is already the best move, however sad and unfortunate it sounds.

Every state has its laws and regulations regarding this matter, and in Colorado, anyone who wants to file for marriage dissolution has to meet certain requirements first. For instance, as a resident of Boulder, you have to file with the correct local court, which is the 20th Judicial District / Boulder County. An attorney specializing in family law can help make the process smoother and less taxing for you.

The legal grounds for divorce in CO

The Centennial State is a no-fault state. In other words, you don’t necessarily have to prove spousal misconduct, such as neglect or adultery so that you can file divorce. The only legal ground for divorce here is having a marriage that has ultimately broken.

Note, however, that spousal misconduct can affect certain aspects of the divorce though, such as parental responsibilities, marital property division, and alimony. As such, it’s best that you also gather the necessary documents if you’d have to prove any of these.

Preparing yourself for the potential outcome

In most cases, a divorce can change the lives of the people involved, particularly in financial terms. Whether or not you have children, this is one of the most important things you have to prepare yourself for. The courts may or may not grant alimony (the monetary support that a spouse found to have committed the marital misconduct gives to the other spouse), so prepare for the worst-case scenario.

The bottom line is, you don’t have to feel scared or alone when seeking a divorce. A legal professional can guide you throughout and even after the proceedings, providing you with both legal and emotional support that every person going through divorce needs.

What You Need to Know as a Snowboarder Newbie

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Man doing snowboarding

Man doing snowboardingYou’ve recently enrolled in a snowboard course near Chicago from institutions such as Chestnut Mountain Resort, and you feel like you’re ready to hit the slopes. As a beginner snowboarder, however, there are important tips to remember to avoid injuries and other mishaps.

Bear in mind that injuries are common especially when it’s your first time. You are still prone to lose your balance. Though serious injuries are rare, you can still suffer from fractures, sprains and wrist problems. So don’t rush on the tricks and take it easy with these tips.

Take your lessons seriously

Unless you’re gifted with extraordinary talents, taking snowboarding lessons will go a long way. Not only will you learn the proper technique, which is crucial, but you’ll also be given the appropriate lessons before you jump into a more serious technique that might put you off balance.

As you learn, listen to your instructors attentively for an effective ride across the slope. And though you will fall a lot at first, you’ll be taught how to fall the right way that prevents serious injuries.

Invest in your gear

If you think the appropriate equipment is only for advanced snowboarders, think again. Having the right gear on your first run is as important as wearing the proper gear when you’re ready to nail your first trick. Wearing protective gear also prevents injuries.

Wrist guards, for instance, can save you from fractures, and wearing a softer boot can help you gain more control of your board.

No matter what your goal is, it’s always good to make a plan to track your progress and ensure that you don’t stay on the same level for too long. But as you progress, anticipate more hard work, especially when it comes to your fitness.

Don’t forget to raise the bar too when it comes to your capabilities so you can become a better snowboarder in no time.

3 Must-Have Tools in Your DIY Tool Kit

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Topview of toolbox

Topview of toolboxThere’s something about DIY projects that excites most homeowners. Everyone has a creative side and what better way to express it than by doing some simple projects around the house? You even get to save money in the process.
So, which tools will you need for your DIY projects? Herrick Industrial Supply gives some recommendations.

A cordless drill

Whether you are hanging pictures, putting up cabinets, or fixing a fence, a drill is one of the tools that can make the job easier. The cordless drill is preferable because of its flexibility, particularly when you are working at height or in awkward positions where cables might become entangled. Don’t forget to buy appropriate drill bits from your local hardware or online.

A table saw

Fun as they may be, some DIY projects can pose a danger, especially if they involve cutting. The last thing you want is a couple of missing fingers at the end of a project. That may sound a little far-fetched, but you’ll be surprised what injuries a simple mistake can cause. Choose a table saw that uses a technology that stops the blade the moment it comes in contact with your skin.

A nail gun

There are few DIY projects at home that won’t require you to use nails. These days, some people use a hammer for these projects. A nail gun is a better option, as it is faster and safer to use. You’ll need a framing nail gun for bigger projects, such as fixing the fence, as well as a finishing gun for smaller projects where you’re using nails shorter than 2.5 inches.

The outcome of any DIY project at home greatly depends on the type and quality of the tools you use. The good news is that you need not buy everything at once, although it’s important to make sure every tool you buy is the best one for the job.

Top Reasons to Consider Owning A Cellphone Repair Franchise

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cellphone repair

cellphone repairAccording to statistics from the analytics firm Flurry, US users spend up to five hours a day on their mobile devices. As adoption and usage of smartphone technology increases so does the demand for repair services that can keep user devices serviceable past their original warranty period. It’s a great time to own a cellphone repair franchise, and if you’re still on the fence about it, then here are some great reasons why you should consider operating a franchise as well.

Flexibility

Owning a franchise gives you the opportunity to be your own boss. Now granted, that’s not an excuse to lounge around sipping martinis all day. Operating your own business requires just as much effort, hard work and dedication as a regular 9-5. In some cases, it requires more. But a franchise gives you everything you need to not only start your business but to help it grow and thrive as well.

Business support

While starting your own business from scratch can be a daunting prospect, franchises take a lot of the guesswork and uncertainty out of the equation. Your franchise partner will provide you with ongoing support, guidance, established processes, technology, and supplier contracts, to get you started and more.

Massive client base

According to the Pew Research Center, 95% of all Americans now own a mobile phone of some kind. Considering that phones are not indestructible, you’re looking at a market that is potentially worth billions of dollars a year.

The rapid pace at which phones are becoming more ubiquitous by the day means that capturing even a small segment of the repair market can be enough to sustain and grow your business. Armed with a knowledgeable franchise team and a proven business plan, you’d be well on your way to operating your franchise in no time.

Sheds and Shelters for Summer

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outdoor shelterThe long hot summer is here. One thing that you should begin planning about is how to store the things cluttering up your room. You need storage for toys, sports gear, boxes, bicycles, and any other item that needs to be kept away.

You should consider consulting with storage or shelter designers. When doing so, you need to know the following.

Do you have a Construction Space?

These designers are experienced and their expertise includes being creative. Hence, your seemingly small space should not be a problem to them.

The Design Stage

The designers will visit the place, assess the site, and consider your specifications. For instance, the design may depend on the purpose of the shelter and your preferences.

How long does it take to build a shed or shelter?

One thing that you must know is the length of time needed to complete the construction of your shed. The time it takes depends on the size of the shed or shelter. It also depends on the complexity of the design, the waiting time, and the weather. However, real experts will be committed to meet your deadline.

For this reason, you need to set expectations prior to the start of the project. This will allow the designers more time to make all the necessary arrangements.

Cost

The moment you think about setting up an outdoor shelter, the other thing that comes to mind is the cost. Consult with your designer to know the total cost required. This helps you in budgeting for the entire design and construction period.

A storage shelter is an important setting for all seasons. You must consider the mentioned tips before you think of moving excess items from the house. These are very important points to consider before settling to construct a shelter. It makes the construction project easier.

When You Need to Refinance Your Mortgage

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Mortgage loan button on white computer keyboard

Mortgage loan button on white computer keyboardThere are times when you experience problems with paying your mortgage. This may be because of some problems that suddenly cropped up such as losing your job or a sudden death or sickness in the family. Despite these problems, you cannot stop paying your mortgage. Doing so would mean losing your home and adding up more to the problems you already have.

To continue the payment on your mortgage, you may need to consider refinancing. City Creek Mortgage shares some reasons you should do so.

Reasons For Readjusting Your Mortgage Payment

Refinancing your mortgage means replacing your existing loan with a new one. One reason you refinance is to get a lower rate than your previous loan. A lower rate makes it easier for you to pay your mortgage. Refinancing also allows you to shorten the payment term. With this, you can finally heave a sigh of relief and enjoy your home without worrying about the payments you have to make.

Wanting to change from adjustable rate mortgage to a fixed rate mortgage or vice versa is another reason you may need to refinance. With a refinanced mortgage, you also get to consolidate your debts instead of paying them separately.

How to Refinance Your Mortgage

You need to compare the rates offered by each lender. This helps you choose the best rate you can afford. Once you do so, prepare the documents you need to apply for a new loan and lock your rate.

Through refinancing, you make it easier to pay off the loan on your house. With a lighter interest or shorter payment terms, you get to focus on other things you need to spend money on, such as your child’s school expenses or the needs of your business.

Signature Loans and How You Get Them

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Woman applying for a signature loan

Woman applying for a signature loanFinancial freedom is very difficult to attain these days, especially if you are working on minimum wage. Even if you do overtime or extra shifts to get a few more bucks, it does not seem to be enough for your monthly commitments.

Whatever your circumstances may be, a signature loan in Utah you can get from firms such as utahmoneycenter.com may be the solution for you. Signature loans require only your signature for your collateral, but would usually have higher interest rates.

They only give this loan to individuals who have a relationship with the lender, good credit, existing low debt, sufficient income, and a permanent address. There are cases that the lender requires a co-signer for the debt.

However, they only sign a promissory note and aren’t called unless a primary borrower stops his payments. Here are some tips to get approval for a signature loan.

Be prepared

Lenders will not lend to individuals with bad credits. If you do not have such, better think about your situation. If you do, prepare your documentation like proof of your employment history, tax returns, and W-2 forms. Make sure to bring documents that cover two years of employment history.

Educate yourself regarding the loan

Make sure to educate yourself about the loan. Make sure to know about the risks involved. Haggling for interest rates without collateral or having no relationship with your lender would put you on a bad side of your lender.

Have more than what is required

If there is a document that you feel is needed and can help your case, bring it. One example is your bonus history. It may not be certain that you will get it, but you can show your lender how earned it and how you are on the track of earning it again.

Your documentation is key. Make a repayment plan right away. Show your lender that you can repay the principal and the given interest over a given payment scheme. This fact-based plan will help build the lender’s trust in you.

Energy Saving Hacks for Compressed Air Systems

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air compressor

air compressorSome individuals refer to compressed air as their fourth utility after gas, water and electricity, mainly due to its usage of hefty energy. For the majority of compressed air systems, more than 70 per cent of the electricity running the system winds up as wasted heat.

Regardless of their inefficiency, compressed air piping systems are crucial in several environments, including healthcare and manufacturing. This is because it brings force, along with steam systems, without the chances of kindling fire. Below are three hacks to enhance the efficiency of compressed air systems that are pressurised to 100-psi or more.

Reduce leaks

Industry experts recommend primarily fixing compressed air leaks, which needs quite an affordable investment with a fast payback. Aside from making the system more efficient, implementing leak repairs also helps you save on your energy bill.

Reduce the pressure

Keep in mind that more pressure requires more energy, and preventing unreasonable high pressure could save energy. The sad fact is most factories produce 100 psi air when they only require 40 psi at the application.

Unquestionably, some more pressure on the compressor is needed to direct the air to the destination. Generally, though, the exit pressure of the compressor must only be 10 per cent greater compared to the primary distribution line close to the last destination. The rule of thumb here is for each two psi that you lower, you save one per cent of the energy that your compressor is using whenever it is running in the 100-psi range.

Moreover, as long as you can get back the wasted heat off the air compressor, then you will be able to save nearly 2,500 BTU for every horsepower. This is still the case if you only recover 1,500 BTU for every horsepower at 100 HP, you still have 150,000 BTU for every hour.

Types of Longspan Shelving and Their Applications

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Storehouse rackLongspan shelving comes in a wide array of variations for different uses including for garage and warehouse. It is a durable, versatile, and cost-effective solution for various storage needs. Longspan shelving is ideal for storing products of any size and volume. The system is easy to assemble and doesn’t usually require any special equipment or specific expertise. Common types also do not require a wide space and can provide optimum storage within minutes.

Steel Shelves

Longspan shelving with steel shelves are extremely durable. It is perfect for storing bulky and heavy items, which normal shelves can’t fully support. It also has a longs service, making it an ideal long-term storage solution. Also, you can adjust the height of the shelves to maximize its storage capacity.

Timber Shelves

Units with timber shelves are some of the most popular choices for retail businesses and small warehouses. It is used in a broad range of applications including automotive workshops, schools, home use, and manufacturing plants. This option is one of the most economical in the market yet they don’t disappoint in terms of quality.

Longspan shelving with timber shelves are also adjustable to accommodate different sizes. Assembly doesn’t require specific techniques and tools, allowing the use to clip the beams into the frames without hassle.

Mesh Shelves

The design of long-span shelving with mesh shelves is quite simple. It features nothing more than beams and shelves. Its mesh provides many benefits especially for special concerns like safety regulations and fire hazards. It also reduces the accumulation of dust in the shelves and helps with better air circulation. Use it to store small items without losing volume capacity.

These systems are effective storage solutions for businesses that don’t want to spend on an entire pallet racking system. They provide enough space and capacity without compromising on quality.