The Business Finance Store Draws Lessons for Small Businesses from Netflix’s Company Overhaul

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The Business Finance Store looks at Netflix’s split into two companies with the creation of Qwikster and offers lessons for companies looking to overhaul their business plan.

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The price increases for the Netflix DVD rental service has been the buzz around the media as of recent. A few days ago, Netflix subscribers received an e-mail from CEO Reed Hastings apologizing for the recent price increases. In this same e-mail, Hastings also announced the separation of the DVD-by-mail service and the Watch Instantly streaming service. The DVD business will now go by the name “Qwikster,” while the streaming service will continue to be called “Netflix.” This company’s restructuring has some thinking there might be a merger in the not-so-distant future. Whether or not there will be a merger, being prepared for change is always a good idea. In the recent blog post "Business Model Overhaul: Why Netflix Changed Direction," the Business Finance Store discusses some issues to think about when considering company changes or mergers.

Making radical changes to a company is about more than simply making a decision. Mergers and certain changes may involve changing the company culture. Making careful note of and clearly communicating changes to clients and employees will help facilitate the process. Read more about managing company changes or mergers at the Business Finance Store blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understand that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes, and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and to achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007 they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store, visit http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.

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Kelly Rye
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