Growing Pains: The Top 4 Challenges Small Businesses Face
Running a business is like rowing a boat upstream. Once you stop rowing, you start to slip backwards. When the company is growing, owners have to be rowing furiously to get the next deal, to sign the next contract, to hire the next A player.
Can You Finance Your Company with Grants?
There are some grants available even for one person shops, from cities, corporations and even non-profits for just your type of business, especially if you support a social cause, can employ more people, or help turn around a geographic area in need of upgrade.
Choosing a Franchise: Quality Control
McDonald’s is the quintessential franchise example for many reasons, but one of the most important has to be the concept of standardization. Travelers could be sure of what they were getting at McDonald’s, so the sight of the Golden Arches during a long road trip could be a relief.
4 Tips on Building an Ideal Family Business
Familial familiarity is a huge part of why lots of family businesses enjoy success. If you want to get in on this action, check out the following tips on building an ideal family-owned small business.
6 Ways to Build Your Brand Through TV Appearances
Everyone wants to be on TV, but not everyone knows how to position themselves as an expert in order to get booked. Whether you are working with an agency, a publicist, a TV booker or directly with a producer, here are the top things you need to do to maximize your chances of frequent on-air success.
A Lost Generation?
We need far more openness and entrepreneurial mentality in everything—schools, businesses, you name it. We need to stop boxing people in.
The Case for Lower Case: A Rebranding Conundrum
Ever wondered if having your brand name written in lower case on your logo is appropriate? Amazon, ebay, facebook, flicker, intel, citibank, macy’s, bp, vitamin water, and xerox, are brands who switched from first letter capitalization to lower case just to name a few.
DECA: Educating Future Entrepreneurs
One of the best-kept secrets in the world of entrepreneurship is DECA, an organization for high school and college students looking to learn about business and leadership. They have been around for more than 60 years, and have more than 200,000 members all over America, Canada, and other countries around the world.
Don’t Forget Creative Fund Raising
Let me tell you the story of how I raised $100,000 to fill a gap needed to purchase a new home for my young family years ago. I had located a beautiful home that would be a stretch to finance, and had arranged for a first mortgage from the bank, and a second from the seller.
Franchise Business’s Profit and Loss
When you’re searching for the right franchise, you’ll have lots of documents to read, plenty of people to talk to, and advice from all sides. One piece of the puzzle that many future franchisees overlook is the profit and loss statement (P&L) from your potential franchisor.
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