Startup
Choosing Which Law to Use When Creating Your Franchise Agreement
It might sound funny to read, “Choose which law you want to enforce,” but for franchises expanding outside of their state of origin, there comes a moment when a franchisor needs to choose which law…
How to Build a Service Business with an IoT Framework
What is the machine of the future? It’s still an assembly of parts, gears, and electronics—but that’s not all. The machine of the future is also an integrated collection of sensors and actuators connected by…
Should Groupon Be Part of Your Franchise Marketing Strategy?
Understandably, increasing your sales and number of customers is a top priority when marketing your franchise. And while there are many strategies to do that, daily deal sites like Groupon might be one worth considering. How They…
8 Disciplines for Transforming Ideas into Businesses
Entrepreneurs are people who dream up new ideas, and then commercialize them into new businesses. Most people believe that the hard part is coming up with the idea, and the easy part is turning it…
Traveling Can Provide a Great Entrepreneurial Education
We all know the definition: Entrepreneurship involves the activity of setting up a business or businesses and taking on financial risks in the hope of making a profit. However simple that definition may sound, though,…
Startups: What Are Your Odds for Success?
Well, the numbers don’t lie, even if there are several sources of these statistics. Starting a company is HARD—in so many ways. And risky too. I read several years ago, that the average startup restaurant…
5 Steps to Building a Successful Tech Startup
Entrepreneurship has become the buzzword as it seems everyone in every part of the world is seeking to become the next big thing in tech development. There are stories all around us that speak about…
How to Protect Your Business Idea While You Build the Business
How to protect your business idea while you build your startup. I’ve been kind of hard-line in this space on the value of ideas. I’ve said they are a dime a dozen, aren’t owned, can’t be…
The Most-Litigated Issues in the FDD
As franchisors, we all strive to sell units quickly. Especially for franchisors just starting out, the main focus tends to narrow in on closing the initial deal. Unfortunately, selling the unit doesn’t automatically produce a…
3 Strategies That Helped Me Raise $500,000 in Less Than Three Weeks
It takes money to make money, and finding people willing to invest their hard-earned dollars into your startup or venture isn’t always easy. Raising money can be challenging and often downright dejecting, but it can…
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