A franchise is a business model that involves one business owner licensing trademarks and methods to an independent entrepreneur. Sometimes, franchises are referred to as chains.
Author Archives: Admin
Mentor
A mentor is a person with experience in business who can help an entrepreneur hone her or his abilities and advise him or her on navigating new challenges. Mentors can be a boon to an entrepreneur, whether they provide pointers on business strategy, bolster networking efforts, or act as confidantes.
Natural Selection: Evolution is Essential to Business Survival
Renata Golden, CEO, Golden Ink, Inc.
Businesses, like people, need to grow to stay relevant — even if the owner wonders where she’ll find the hours to devote to something that already consumes every hour she’s not sleeping.
Golden Ink reached that pivotal moment in 2012, when I had to decide whether to build it or to prune and risk killing it. The 100-hour workweeks had become unsustainable, but I was loath to stifle the natural expansion of a business I’d worked so hard to build and hoped one day to sell.
Re-Lending
The dispersal of funds from a primary lender by a secondary lender.
Santa Fe Green Chamber of Commerce
The chamber works to build a sustainable community of local businesses that are environmentally sound, economically viable and socially Continue reading
Southwest New Mexico Green Chamber of Commerce
Striving to be the voice of responsible business, the chamber’s mission is to support and connect locally-owned businesses dedicated to building Continue reading
Las Cruces Green Chamber of Commerce
The Las Cruces Green Chamber of Commerce (NMGCC) works to foster the success of local economies and promote businesses committed to Continue reading
International Trade Assistance
Several organizations provide assistance with developing international markets. Continue reading
Government Contracting and Veteran’s Assistance
Government contracting can be a lucrative business niche for those companies that obtain appropriate certification. Continue reading
Subordinated Loan
A loan or part of a loan that has a secondary position to another loan if the borrower should default on their debt. In the case of default, the subordinated loan would receive payment after the primary lender is paid off. Subordinated loans are typically provided by government entities and may represent a portion of the total loan.