In a recent event co-hosted by Guidant Financial, ‘Shark Tank’ investor Daymond John revealed the crucial entrepreneurial lessons that have led to his ultimate success. Here are our top four takeaways every aspiring entrepreneur needs to know.
Dina Dwyer-Owens, co-chair of The Dwyer Group, reveals how instilling values into a business can drive emotional and monetary growth, and the importance of creating a place where people want to work.
Around 2005, the frozen yogurt industry began to evolve when tart-flavored froyo was introduced and the self-serve model was created. Frozen yogurt stores and franchise concepts began popping up all over the U.S., hundreds of new flavors were born, and a new national pastime took root. Here are a few of the overarching factors that have led to this uphill trend and a look at the future of frozen yogurt.
There’s never been a better time to be a woman in business. There are 9.1 million women business owners in America, and according to the National Association of Women Business Ownership, they’re raking is more than $1.4 trillion in revenue. What’s more, those female-owned businesses are overshadowing companies owned by men in terms of success rates and employment rates. It should come as no surprise that a growing number of those women in business are also mothers, juggling responsibilities at home with nurturing their businesses.
Mike Rozman, Co-president and Chief Strategy Officer of BoeFly, offers his insights on small business credit scores and their impact on small business financing.
The average American adult buys a meal or snack from a restaurant 5.8 times per week, and restaurant industry sales are projected at $709 billion in 2015. With stats like these, it’s no wonder the restaurant business is appealing to so many entrepreneurs. Restaurant franchising in particular has become a popular method for individuals to fulfill dreams of business ownership without starting a concept from scratch, but financing a restaurant franchise does have some unique differences.
Written by Todd Bingham, President of FranNet, here are five questions you should ask yourself before buying a franchise to find the business opportunity that aligns with your needs and wants.
As the economy improves and small business optimism continues to inch toward pre-recession levels, many are taking advantage of the idyllic environment to enter the world of entrepreneurship. But despite the recent economical enhancements, gaining access to capital for startups still presents challenges, with small business loans under $1 million dragging 17 percent behind pre-2008 heights. The obstacles in obtaining small business loans have paved the way for alternative methods of financing to gain traction, one of them being Rollovers…
They say timing is everything, and nowhere is that phrase truer than in the world of small business — especially when it comes to business financing. If you’re relying on some type of funding to get your business off the ground, your opening date is completely dependent on when you’re able to secure start-up capital. So before you commit to a deadline, make sure your expectations are realistic by understanding the small business financing timeline. Below is a graph showing the…
If you search the Internet for ways to invest an IRA or 401(k) into a small business or franchise, you’ll find two arrangements that can make it possible: Self-directed IRAs Rollovers as Business Start-ups (ROBS) Both allow for an individual to invest up to 100 percent of their existing retirement assets into a business or franchise – but – under very different circumstances. Self-directed IRAs Self-directed IRAs are passive investment vehicles. Under Internal Revenue Code 4975 (c)(1)(A-F) — also known…