3 Reasons Why Businesses Fail the Most

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Starting your own business can be scary, especially when you’re a new entrepreneur. If you’re like most business owners, the realization of this life-long dream often requires most, if not all, of your time, money, and anything else you have to give. Here are 3 of the most common reasons businesses fail, and what you can do to prevent a loss on your investment.  

1. Failure in Leadership

Without strong leadership, your business is destined to fail. A breakdown in leadership, particularly at the highest levels, can have a devastating effect on your business, leaving employees lost and confused with no direction. Even public disagreements within the leadership of your business can result in problems that will ultimately lead to your business’ demise.

Make sure communication between everyone is strong, and that the leaders, especially at the top, are all on the same page about policies, procedures, and any other important factors in your business.

2. Bad Money Management

If your finances are managed poorly, there is no way you can expect your business to succeed, or really last long at all. It is important to make sure your product is properly priced to ensure you’re actually making money off of it, and that the money you’re making is properly accounted for. A few bad deals and lack of planning with your money will quickly leave your business bankrupt and you scrambling to find a new occupation.

3. Ignoring Customer Feedback

Like the saying goes, “the customer is king”. It’s important to consider your customer in every business decision you make. If you start implementing new practices and policies without taking into account how each of these changes affects your customers, even the most loyal customers are likely to stop doing business with you.

When your customers offer you feedback, listen. Rather than being offended or upset by what your customer thinks you are doing wrong, take their opinion as an opportunity to better your company, and make sure you’re doing everything possible to improve the customer experience. Remember—without customers, you don’t have anyone to buy your products or service, and without that, you don’t have a business.   

Help Your Business Succeed

Whether you own a floor cleaning franchise or another small business, it’s important to take the necessary precautions to keep your investment safe and your business running strong. At Zerorez, we are experts in franchising, and we have the resources you need to help create a thriving business.

Contact us today to learn more about our franchising opportunities and set your business up for success.

How To Separate Your Emotions From Your Investment

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As an entrepreneur, one of your greatest assets is passion. Without passion, you wouldn’t have the drive for success or the courage for taking risks necessary to rise to the top. Unfortunately, it can be incredibly challenging to navigate the fine line between using your passion as a key motivator and letting your emotions get in the way of your success. But with these three tips, you can learn to keep your emotions in check when it comes to achieving your investment goals.

  • Don’t Lose Your Perspective

One of the biggest ways to prevent yourself from achieving your investment goals is to lose sight of your perspective. It’s not uncommon to become so involved in what you’re doing that you react in the moment, without taking time to remove yourself from the situation and assess your emotions. If you are quick to let your emotions take hold, you can likely assume that you’re starting to lose perspective – even if it’s just a minor event.   Unfortunately, letting your emotions take hold and losing your perspective creates  a false illusion of importance around whatever issue you’re dealing with and can truly hinder your success.

Combat this loss of perspective by reframing the way you think. Remind yourself daily that you don’t have control over every little thing that happens, but you do have control over the way you choose to react. This will take time and practice, but with some mental training you can learn to catch yourself at points where you would typically get upset or emotional and turn them into productive situations where you can strive.

  • Don’t Give Away Your Power

Consider this: any time you lose control and act on your emotions rather than logic, you’re essentially giving away some of your power to whomever, or whatever is prompting the situation. Simply put, you’re letting the person or thing take charge of your feelings. Control your feelings and emotions by visualizing your power as a physical object that gets smaller and smaller each time you give some away by being overly emotional. If you place value on this visualization, and truly consider your power as a physical thing, you are less likely to give it away by overly involving your emotions next time something irks you.

  • Understand Different Personality Types

Being an entrepreneur means that you need to understand different personality types and use what you know to better work with others. By understanding the varying personalities you encounter, you’ll be able to use experience and knowledge to best deal with the person – regardless of the situation. And if things start to get complicated, you can use your understanding of different types of people rather than reacting based on your emotions.

By understanding how different personalities operate, you can learn not to take things personally, which is where a lot of conflict develops in the first place. In tense situations, it’s easy to mistake someone else’s comment or opinion as a personal attack, or interpret that someone’s emotions are directed specifically at you. However, by understanding how others work, you can stop this way of thinking and instead use it to benefit you in the work environment.

If you want to shine in the floor cleaning franchise industry, visit ZEROREZ to learn how to be a more effective entrepreneur.  

5 Entrepreneur Blogs You Need to be Reading

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Are you an entrepreneur looking to find inspiration and useful advice? At a time when most people turn to blogs for advice, we’ve jumped on the bandwagon and found 5 blogs about being an entrepreneur that you simply must be reading.

1. Quora

Do you have questions about being an entrepreneur that you’d like answers to? At Quora, you can find a plethora of questions asked by entrepreneurs just like you, with answers from some of the most successful entrepreneurs in the world. And what’s even better, most questions are answered by more than one of these entrepreneurs, so you can easily see how they got started and the strategies they’ve implemented to take them from their humble beginnings to where they are now.

2. Income Diary

Income Diary is the perfect blog if you’re an entrepreneur using the internet for anything. With tips on how to write better blog posts, how to avoid common social media mistakes that can get you in serious legal trouble, and how to succeed in general, this blog is a wealth of information. If any aspect of your business is online, you need to start following this blog immediately.

3. Mixergy

Are you looking for information from several entrepreneurs across all different career fields? Entrepreneurs from all across the board contribute to Mixergy, making this blog a one-stop-shop for tips, advice, and all kinds of information from some of the most successful people in the world. Following Mixergy, you’ll easily see trends and similarities in the stories of these entrepreneurs that can both encourage and give direction to you in your own business.

4. LinkedIn Today

LinkedIn is quickly becoming a site for professionals from all different job titles and industries, allowing people to connect with each other and find potential jobs with just the click of a button. LinkedIn Today takes into account the information in your LinkedIn profile and then offers you articles that have to do with the jobs and field you’re most interested in. No more searching for articles related to your career field when you can follow LinkedIn Today and have them hand-picked for you.

5. Erin Blaskie

Having worked with writers, doctors, professional athletes, and other celebrities and popular companies, Erin Blaskie has over a decade’s worth of experience and knowledge having helped these people, and hundreds more, find success as entrepreneurs. Aside from her blog, Erin spends her time speaking, teaching virtual workshops, and sharing everything she’s learned in her own journey as an entrepreneur.

Find Your Favorite Blog Today

With so many blogs on the internet, sorting through what’s available to find blogs that apply to you and your entrepreneurial dreams may seem impossible. Whether you own a Fortune 500 company, or have just started your own floor cleaning franchise, these 5 blogs are an excellent place to start when you want to learn the ins and outs of entrepreneurship.

At Zerorez we know how important it is to find the right kind of support as an entrepreneur. Now’s the time to get started reading these entrepreneur blogs.

Why Own a ZEROREZ Franchise?

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If you’ve reached a plateau in your career field and are looking for an opportunity to be your own boss and take the reigns without all the risk, opening a franchise can fit that need. But not just any franchise has the developed support to manage all of the overhead costs, provide substantial training, and offer an already established and growing market, which is why you should consider opening a franchise with ZEROREZ.

Superior Technology

ZEROREZ is not just any regular carpet cleaning business. We developed a cleaning method that not only cleans the fibers of the carpet, but also doesn’t leave a wet, soapy residue. Our groundbreaking technology of Empowered Water is a patented process that effectively cleans carpets without harsh chemicals and leaves zero residue. ZEROREZ is a franchise committed to self-improvement and providing the best cleaning technology possible.

Growing Industry = Profitable Market

Carpets always need regular maintenance, but with the housing market booming and new homes being built, the potential for growth in the carpet cleaning industry continues to escalate. ZEROREZ allows you to offer high-quality services to customers seeking a reliable and green floor cleaning solutions.

Comprehensive Training and Resources

ZEROREZ has already done the hard work to develop proven marketing strategies to start you on a path to success from day one. You take part in two weeks of comprehensive training to equip you with all the tools and resources you need to make your marketing dollar go farther and your market share increase.

Continued Support The Whole Way Through

You don’t need any experience in the industry to get started with ZEROREZ and you can rely on a strong network of continued support throughout the whole process. You are never on your own; the ZEROREZ team will have your back every step of the way.

Step out of the mundane and jump into a franchise opportunity that reinforces your ability to lead the life of which you’ve been dreaming. Learn more about the resources ZEROREZ offers and the steps it takes to become part of the ZEROREZ franchise team.