What does a franchise consultant do? In general terms they can take your franchise concept from idea stage to full blown market penetration. They advise you on creating your operations manual, brochures, franchise agreements and help you to market your franchises. They can advise you on the best methods for raising capital not only for successfully launching your franchise but…
Tag: Launching
What Does A Franchise Consultant Do
What does a franchise consultant do? In general terms they can take your franchise concept from idea stage to full blown market penetration. They advise you on creating your operations manual, brochures, franchise agreements and help you to market your franchises. They can advise you on the best methods for raising capital not only for successfully launching your franchise but…
Kelly Criterion And The Stock Market
Since the book “Fortune’s Formula” is published, many investors are turning to the Kelly Criterion for determining the size of the investment. Unfortunately, most of these investors have not walked through the underlying mathematical derivation or read Ed Thorp’s paper on how to apply the Kelly Criterion in the stock market. There are many fallacies when using the Kelly Criterion…