Franchise Turnover Rates
A franchise’s turnover rate is the percentage of franchise locations that close in any given year. We found that about half the franchises in the data we checked had turnover rates of 10% or less.
5 Signs Your Business Idea is Not Good
Sometimes they wake you up in the middle of the night, sometimes they just pop into your head fully formed and sometimes they only arrive after painstakingly brainstorming for weeks or months. I’m talking, of course, about ideas.
Startups without Business Plans are Expensive Hobbies
Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan.
Jump In: This Could Be the Year for Women Business Owners
There are more female entrepreneurs today than ever before. Now is the time for women to step up and show what they can do. Why are women exploding onto the business ownership scene?
Planning for Innovation with Your Franchisor
Franchises range from companies that are dedicated to keeping their products and services fresh to companies that take a “Don’t fix it if it ain’t broken” position.
5 Steps to Creating Outstanding Product Labels
Product labels are powerful marketing tools that provide you opportunities for sales. If the label on your product is ineffective, those opportunities are wasted.
3 Ways to Successfully Bootstrap a Product-Based Business
Bootstrapping any business is tough, but establishing a consumer product-based business versus a service-based or tech-based startup creates some very specific challenges.
Is It a Franchise or a Lease?
2014 was an exciting year for franchises from a legal point of view, filled with high-profile cases that hit the headlines.
Where Startups Get Their Money
Angel investors generally focus on seed money—early investment for startups at early stages of growth—for amounts less than $1 million.
3 Steps to Starting Your First Freelance Business
So you want to start a business, but you have no idea where to start. Many beginning entrepreneurs have faced the same dilemma. The answer: start with freelancing.
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