I won’t mention any names but I know of several franchising companies that have acquired many different franchises some as many as 600 different franchises. But all they have done is acquired names of different known franchises because the earnings have not improved nor has price of stock. These companies are trading for pennies with little or no chance for improvement since they have a ton of stock outstanding.

That is one reason that acquisition must be done prudently and selectively, and not just for sake of getting name of your company in papers.

You must have a business plan and fortitude to stick by it regardless of critics, business plan must be flexible enough to allow you to make changes when necessary. This plan must be in writing and available to potential investors. If you approach investors without a business plan you will have a difficult time trying to convince them that you are offering a good investment.

A business plan shows investors that you know what you are doing and where you want to take company. A lack of a business plan indicate a lack of direction, some entrepreneurs are big dreamers but their plans tend to swing all over place causing them change direction every other week.

Begin by designing a strategy for future, taking into consideration what you want to accomplish after you take your company public. If you have a plan your chances of success will be greatly improved.

By being successful from beginning opportunities will present themselves almost immediately and give you a head start on competition.

If you are thinking of going public visit our website: www.genesiscorporateadvisors.com

Joseph D. Quinones, President of Genesis Corporate Advisors has spent over 25 years in the securities industry. In 1992 he founded JDQ Financial Group, Inc. and proceeded to build it up from a one man operation to the point where it employed many traders, advised numerous client and generate millions in revenues.

Suggestions for Successful Inventory Management

Inventory management is a wonderful idea, but it has to be carried out correctly. Some suggestions for successful implementation of inventory management are to have best software available for one’s company. This does not necessarily mean most expensive, or technologically advanced. Rather, having best software to suit needs of particular company. It is also important to have highly trained personnel working on inventory management. Employees must be able to adjust to changes in demand and supply as quickly as possible. There are many inventory management seminars available. Sending inventory managers to these seminars is always a good idea. The better employees understand and successfully implement inventory management, better off business will be.

Conclusion

Inventory management is important for keeping costs down, while meeting regulations. Supply and demand is a delicate balance, and inventory management hopes to ensure that balance is undisturbed. Highly trained inventory managers and high-quality software will help make inventory management a success. The ROI of inventory management will be seen in forms of increased revenue and profits, positive employee atmosphere, and an overall increase of customer satisfaction.