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Thinking of selling your Maid Service Franchise? What you need to know.
March 03, 2010 by Dan Munter
There are 14 franchise enterprises that focus primarily in the residential market. According to a recent report from information company FRANdata, the franchises of residential cleaning companies are growing at annual rate of 10% . There are two main Rules of Thumb for valuing these businesses. 40% to 45% of annual sales plus inventory. 1.5 times DE (Discretionary Earnings). Other selling points would be the exclusivity of the territory assigned to the franchise. How long the franchise has been established for. How long any competing franchises have been established in the same territory. And if there is any open territories in surrounding areas. If you would like to learn more, please contact me at dmunter@bizex.net.
To Blog or not to Blog, that is the question
January 28, 2010 by Michael Davidson
Like most small business owners in Los Angeles and throughout Southern California, weve heard about the benefits of hosting our own blog. After exploring this further, we found out about the time commitment and it made us cringe. Two or three blog posts a week? We dont have time for that. We are so busy; we have a hard time getting out of the office most days! So we delay and explore other ways to promote our business and wait for someone else to figure out the magic recipe on how to blog time and cost effectively.
