How to Find the Best Employees
Employees are the lifeblood of a company, and a few bad hires can make or break a small business. Hiring is a hard problem. Even Google admits that they haven’t found a single best predictor for hiring the right person. The normal approach companies take to deal with the problem is to try to […]
History of Franchising to Now (Infographic)
A History of Franchises to Now (Infographic) The franchising industry is currently in a good state. Growth in the industry continues to outperform the larger economy and there are 750,000+ franchised businesses in the U.S., cumulatively generating $1 trillion in sales a year. Franchises are big contributors to economic growth in the country, begging the […]
Top Restaurant Trends in 2016 (Infographic)
The food industry is in a state of rapid change, with the rise of fast casual dining leading the way. Fast casual restaurants are the most rapidly expanding sector of the restaurant industry, and chains make up 95% of all establishments according to Technomic . There are a lot of opportunities for franchisees to jump […]
Managing Small Business Debt
Debt is an unavoidable part of starting and running a business, and managing debt effectively has large ramifications for your business’s bottom line. It’s good to be on a firm financial foundation before you start your own small business, as inevitably your personal and businesses finances will become mixed. Half of small businesses fail in […]
How to Build a Strong Network (Infographic)
Networking is an integral part of any business endeavor. Building a strong network means making connections with a group of people that can provide you with advice, opportunities, social capital, and most importantly, business for both you and your contact. Unfortunately, many people don’t network effectively or have reservations approaching peers; in fact, a ComRes […]
Are Entrepreneurs Made or Born?
The ages-old nature/nurture debate has gone on for decades. Is a person the product of their environment (nurture) or the genetic traits and qualities passed down to them from their parents (nature)? Applying this question specifically to entrepreneurship – are entrepreneurs made or born? In other words, what is more important to your entrepreneurial success […]