Thursday, November 20, 2008

Money & Business

Risky Business by Matt Bandyk

Best of the Blogs for Small-Business People, Week of July 11, 2008

July 11, 2008 01:35 PM ET | Matthew Bandyk | Permanent Link | Print

Business Pundit interviews Boston Consulting Group's Hal Shirkin about how global competition is only going to get fiercer.

Yaro Storak of Entrepreneurs Journey explains how to blog to "prelaunch" a new product and bring attention to it.

Want more evidence that consumers are paring back their spending? Even rock show tickets are dipping from their usually astronomical prices.

Tags: blogs | small business

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Reader Comments

I think I will buy an amerishape weight loss center this fall after I retire from 30 years of service work.

Q: Why should I consider the Ameri shape Weight Loss Studio license over a franchise?

There are many reasons, but the two most often are...You have total control of how you run your studio and what advertising you conduct. You will not have someone standing over your shoulder dictating each move. Probably, the next greatest reason is the financial saving in the beginning and every month for the life of you studio. If you pay a franchise $600.00 per month for five years , you will end up giving them close to $40,000.00 Now ask yourself , would you rather invest the forty thousand in your business / family or give it to a franchise somewhere. If the truth be know about many franchises in this industry, very few have great value after the initial honey moon stage after that you can definitely run the day to day without anyone’s assistance.

Q: Does Ameri Shape mandate our location?

No. With our system one of the first steps is to find a suitable site. Ameri Shape Weight Loss Studio can assist you in deciding on the best location for the asking price in your market. Remember the highest price shopping center is not always the best. We prefer to find a good location with more affordable rent and spend the difference in the advertising budget.

Q: What is the term of the license agreement and is there a charge for renewal?

The initial agreement is for three years, thereafter renewable annually. There is a annual fee for renewal of the agreement if you so choose to stay on board. Our goal is to not force anyone into a long term commitment , we’ve heard this from many franchise owners before; “The greatest regret is having signed a franchise contract that locked them in for five to ten years”.

Q: What help and support is given to new licensees?

All licensees receive complete support in all aspects of Ameri Shape Weight Loss Studio operation including recruiting and training employees, marketing, studio management and other operational areas. You will also receive grand opening support from an experienced Ameri Shape Weight Loss Studio consultant. Once open you are able to receive ongoing support and training from Ameri Shape Weight Loss Studio plus, unlimited telephone and email support.

Q: What training is offered?

The choice is yours. Either you can choose to have a consultant come out for the standard three day start up session to assist with your opening and hands on training or you can elect to do the Quick Start 100 Program , in which we will partner up with your location to help enroll the critical first 100 members. The choice is yours.

Q: Do I need to live in or near the area I am interested in developing?

No you do not but from your own point of view you may wish to live close to or within the area you develop.

Q: How can I reserve a location?

With a signed license agreement and a deposit of ½ the total cost or with an approved leasing agreement.

Q: If I have an existing business, will I have to change its name?

No, but we recommend you display the Ameri Shape® registered logo along with your existing signs. This is to your advantage since you are offering the professional weight reduction program.

Q: Do I need to have Business Experience to own a Ameri Shape Weight Loss Studio?

You do not need to have business experience to own a studio . We are looking for owners with basic "common business sense" who are willing to apply our business sales and service system. Although background in the Health & Fitness and Weight Loss business could be beneficial, but is not necessary because we provide a complete training program. It is also important to be able to create a atmosphere of high motivation, enthusiasm, and productivity for both your staff and your clients. You should know that you have strong management skills, sales skills, and a willingness and determination to follow the Ameri Shape Weight Loss Studio operating system. Ameri Shape is interested in individuals who possess a strong desire to succeed and who are willing to donate their best effort toward operating a successful Ameri Shape Studio.

Q: How long does it normally take to open my Ameri Shape Weight Loss Studio?

Upon site selection for your location, lease negotiation, financing ,equipment delivery, grand opening plans and development of a marketing strategy, you will be ready to open your center. This process takes as little as 30 days. Financing and site selection can slow down the process , we recommend starting sooner in these area’s if financing is going to be necessary.

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About Risky Business

Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.

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