Published: January 29, 2016, 7:17 pm
Once again, things are looking up for the franchise industry. After five solid years, growth is once again on the horizon. The International Franchise Association (IFA) 2016 State of the Industry Report, done by forecasting firm IHS Economics, indicates a positive outlook for the franchise industry. More specifically, the franchise industry is set to grow by 1.7 percent in 2016, bringing the total number of US franchises to 795,932.Speed Bumps That Could Get in the WayMany in the industry, however, are a little less confident as hurdles like rising wages and the Affordable Care Act could stump (Read more...
Published: January 29, 2016, 2:00 pm
There's no question; the sharing economy, where users are able to rent what they have, be it skills, a room, or a car through the Internet, has disrupted the traditional economy in the Western world.
So why should businesses embrace the sharing economy, rather than fight against it?
The Sharing Economy Has Always Been With Us
When I was growing up, I inherited a food mill from my grandmother. My first, informal, experience with the sharing economy was when a friend posted on Facebook asking if anyone had a food mill she could borrow; she wanted to try her (Read more...
Published: January 28, 2016, 8:00 pm
“It’s time to hang the gloves,” you murmur to yourself as you let out a deep sigh after experiencing yet again another crushing defeat.
You’ve spent hundreds of thousands of dollars to create a swiss-army-knife-like product that has all the bells and whistles that you think your audience would love.
But when you made it available to the public, it didn’t get the traction that you thought it would get.
In short - It totally flopped!
That’s quite possibly one of the most frustrating blow an entrepreneur has to deal with.
Not many are able to come back (Read more...
Published: January 28, 2016, 6:43 pm
According to recent data from the Bureau of Labor Statistics (BLS), the unemployment rate for U.S. military veterans fell to 3.6 percent in 2015 — its lowest level in seven years.For the men and women who have entered life after service the lower unemployment numbers reflect both a nationwide effort to specifically hire veterans as well as veterans taking matters into their own hands — through entrepreneurship.Veterans Make Great Entrepreneurs With an amazing work ethic, strong leadership, the ability to be effective team members and work well under pressure, the skill set of military veterans can (Read more...
Published: January 28, 2016, 3:40 pm
Zaniac is a place where K-8 kids can master foundation skills, learn about math and technology, and become scientists — all while making new friends and having the time of their lives.We recently interviewed Sidharth Oberoi, President and Co-Founder of Zaniac, and asked him what differentiates the Zaniac franchise among others in its niche, what makes this concept a good fit for potential franchisees and, lastly, what’s next for the franchise, both in the near future and long-term.Give us an overview of your franchise.Zaniac engages K-8 kids in supplemental Science, Technology, Engineering and Math (STEM) education (Read more...
Published: January 27, 2016, 7:10 pm
Sometimes aspiring entrepreneurs are just looking for a little inspiration. If you fall into this category, we’re here to help. We’ve hand selected business opportunities for you based on recent and popular trends. They’re concepts that we find exciting and inspiring, and our hope is that they will spark a little creativity in you and get those juices flowing.Box Subscription ServicesYou’ve seen them advertised. Box subscription services like BarkBox, Stitch Fix and Blue Apron are the new retail trend and becoming increasingly popular. When Birchbox launched in 2010, it set the wheels in motion and now the industry is (Read more...
Published: January 27, 2016, 4:03 pm
Operating out of Port Charlotte, Fence Dynamics has been in business since 2005. From start to finish, Fence Dynamics is committed to the customer’s vision for their project and does its best to deliver a finished product that has lasting value and fulfills their personal expectations, even to the smallest detail.We recently interviewed Blase Biscegila, president of Fence Dynamics Franchising, and asked him what makes his franchise special, what he looks for in potential franchisees and, lastly, what advice he has for aspiring entrepreneurs.What’s special about the franchise?We are a one-of-a-kind business. That’s in part because there (Read more...
Published: January 26, 2016, 4:31 pm
Every neighborhood has one, the person you go to for advice on how to fix a leaky faucet or how to reupholster a chair or what color paint is best for the family room. In their neighborhood, Florence Jones was the go-to neighbor for design, technology and how-to for home improvement projects. Susan Mintz was the go-to neighbor when it came to paint color and home renovation. These long-time neighbors and work-from-home moms joined forces in 2007 to join the booming home improvement industry: they combined their creative talents and strengths to create Arlington Color Consultants, and later, America’s Color (Read more...
Published: January 25, 2016, 9:37 pm
If you are a small business owner, there is a good chance that you are working even when you aren’t at work. You are always thinking about ways to improve your business, to get more clients and customers, and to make your life easier. One of the great things about running a business today is the amount of technology you have at your fingertips to make things easier. Your smartphone, laptop, and your tablet, for example, are able to use applications that can help you handle different aspects of your business. Let’s look as some of the best apps available (Read more...
Published: January 25, 2016, 7:19 pm
A new year is here. If you’ve been thinking of becoming your own boss, why wait? Now is the perfect time for a change. There are plenty of franchise and business opportunities out there… you just need to take the next step. If you fall into this category, we’ve compiled a list of helpful events in 2016 for you to check out. Get planning… your future awaits!Feb. 4 Small Business Expo (Houston) The Small Business Expo is the perfect opportunity to make connections and develop your small business network with like-minded professionals. At the Small Business Expo (Read more...