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Identify your perfect franchise match! Take our short quiz Find your franchise match!

Shopify Helps Online Store Owners Manage Their Businesses and Customers

online franchise technology tips

Listen up, online store owners: Shopifycan make your shopkeeping easier. Shopify is a highly customizable e-commerce platform thatsmall businessowners can use to run their digital stores. Shopify hosts your store, takes credit card payments, and tracks orders, making it a virtual real estate manager and sales associate all at once.

But it’s not only for small business users. Shopify is used by a diverse array of retailers to sell merchandise from bands like the Foo Fighters to popular games like Angry Birds to worldwide non-profit organizations like Amnesty International. In 2010 alone, stores utilizing Shopify made over $100 million in sales.

There are many benefits of using Shopify. Shopify offers a uniquely customizable storefront, and you can buy additions to help market or customize your product.As a Shopify user, your products are listed in the Shopify network, which adds search engine benefits to your store. The platform also provides tracking information, so store owners can better understand customers and analyze page hits, among other statistics. Included fraud protection prevents users’ private information from being stolen.

Shopify offers different plan levels ranging from Basic to Premier. Depending on each store’s plan, Shopify charges fees up to 2% of each transaction processed, as well as a monthly fee. Only the most expensive plan, Premier, has no fee on each transaction.

Shopify was launched in the summer of 2006 to help simplify the process of starting an online store. In the years since, Shopify has kept up with the latest business technology trends, developing versions for mobile devices and integrating cloud computing.

For any small business owner or entrepreneur looking to make online sales, Shopify offers a simpler alternative to building your own e-commerce platform. In exchange for a small commission on sales, you get an easy-to-use web store with top-notch service and tracking abilities. Try it: Shopify offers a 30-day trial without commitment.

The Last 50 Yards

The picture I see in my head is an Indy car race team that has spent an entire year building the absolutely finest car on the track. Engineers and mechanics, drivers and technicians, pit crew and support staff have all labored for months on end. Every aspect of the car is top-notch. Every bolt, wire and component is the finest available. It is a multi-million dollar technical marvel.

Leaving a Six Figure Salary and Moving Forward

FranchiseHelp.com interviews Right At Home franchisee Diane Fortner. While working as a commercial insurance broker with a six-figure salary, Fortner felt the entrepreneurial itch, and soon discovered her calling after underwriting a policy for a successful Right at Home franchisee.

7 Options for Financing When Buying a Franchise

The primary difference between equity financing and debt financing is that with debt financing, you will have an obligation to pay back the borrowed sum at a stated interest rate, but you will retain control of the business; in equity financing you are giving up a part of the business to an investor or investors in exchange for their financing. The investors may claim some control of the business operations; they will also have some ownership in the assets and potentially will take a share in the earnings. You will not have a set debt obligation to repay as you would with a monthly loan payment to a bank. The investor will be taking a risk as to when and how much of the investment he or she will recoup, as well as whether there will be a return on the investment.