Archive | October 2, 2017

What Are The Major Advantages Of Personal Banking

Personal touch banking is the latest buzz these days. More and more people are opting for banks that offer personal banking services as opposed to those that are still following conventional banking systems and methods. But what is it that is contributing to the immense popularity of personal banking? And, what are the major benefits offered by the same?

The major benefit offered by personal banking which is directly contributing to its popularity is the unparalleled comfort and flexibility that customers tend to enjoy. Personal banking services like online banking, netbanking money transfer, online payment of utility bills, phone bills, and other expenses have redefined banking for a common man. Today, one doesnt need to go to a bank to deposit money in his or someone elses account nor is he required to drive all the way to the bank to drop cheques.

Everything can be done at the simple click of a mouse. Online banking is the biggest advantage of personal banking as it helps people save a huge amount of their time and energy. Cheques can be dropped at nearby bank ATMs and withdrawals can also be made at the ATMs. Personal banking lets one do away with time consuming and tedious conventional banking systems.

Phone banking is also a part of personal banking and lets customers resolve their queries regarding banking services and the latest investment options quite easily, without coming all the way to the bank.

Most banks that provide personal touch banking services share a special rapport with their clients. They provide valuable advice to their customers regarding the best possible utilization of the funds that are lying in their bank accounts and of the various means of earning interest on that money. With the help of personal touch banking Florida and personal touch banking Jacksonville, many customers are able to grow their money and are able to earn handsome interest on their money in current accounts and savings accounts which helps them pay bank fees and charges quite easily.

Unlimited check writing, free monthly bank statements and checks, checking account with a no minimum balance requirement, free cashiers checks, free travelers checks, and free money orders, free of discount safe deposit box rentals, free notary service are some other benefits of personal banking.

If you wish to enjoy these benefits and many other benefits offered by personal banking, please visit jaxbank.com for the best personal touch banking in Jacksonville Florida.

What To Look For In The Best Franchise Opportunities

There are many factors in determining what the best franchise opportunities are today. It would be easy to say it depends on the potential franchise owner and you’d be right. However, from a business perspective, it’s crucial to look at all the positives and negatives of typical franchises to see which ones have more positive attributes than negative attributes.

First let’s look at the positives in franchise opportunities. Franchises are successful because they have proven systems that work therefore business owners don’t have to go and ‘reinvent the wheel’. The best franchise opportunities usually have very strong name brands that are well established along with a streamlined training system that when followed will usually produce success. More positives include having pre-established relationships with vendors and suppliers, clear cut marketing initiatives and somewhat of a quick time to get up and running.

On the other side, owning a franchise has a few limitations. For the most part, you are NOT allowed to modify your pricing, promotions, advertising, processes, etc. You are somewhat limited in your creativity which can be a good thing or a bad thing. You will most likely have territory restrictions, royalties that you have to pay on gross sales, you have to contribute to an advertising campaign and sometimes you have to open your store where the company says.

Furthermore, to become a franchise owner you usually have to have good credit, a considerable net worth and you must receive approval from the company to own a franchise. That kind of sucks because someone has to ‘approve’ you to be an entrepreneur. Finally, most franchise will NOT make you wealthy by only owning 1 franchise. It usually requires owning multiple franchise because they just aren’t scalable.

The best franchise opportunities today are really defined by 2 main factors. The first one is choosing a franchise that is in 100% alignment with your values and something that you’re really passionate about. No matter how many ‘positives’ or ‘negatives’ your franchise might have, if you’re not 100% passionate about the business, industry, products or services, you’re not going to be very successful because you’re just not that into it.

The second main factor involves having a lot more positives in the franchise model meaning that some of the traditional business bad things don’t exist. In today’s economy, online franchises really have a lot of benefits and positives without the traditional headaches or traditional pitfalls of owning a franchise.

When determining the best franchise opportunities for you and your family, always do your due diligence, never leave any stone unturned and make the best decision based on what’s aligned with your goals and values and what you’re 100% passionate about.