Management of Working Capital Case Study: "George's Trains"
This clip explores the management of working capital at "George's Trains," a small business whose market demand runs in cycles.
Franchising Opportunities
This clip explains that, by its very nature, franchising is a way of taking a successful business and packaging it in a system that can be duplicated. Franchises are popular with many entrepreneurs because they offer the chance to own and manage a b...
Obtaining a Bank Loan
This clip looks at the challenges involved in securing a bank loan. It also touches on the role of the Small Business Administration in giving banks an incentive to make longer term loans, with less collateral and less of an equity requirement.
Credit
This clip argues that, since a company's ability to collect its accounts receivable has a direct impact on its cash flow, it's important to establish clear guidelines for payment before extending credit to customers. The clip also looks at establish...
Buying Into a Franchise: Doing Your Homework
This clip explores the sources entrepreneurs can utilize to locate a franchise that meets their needs. It adds that the most comprehensive source of information is the documentation franchisors are required by law to give to all prospective franchis...