Franchise system has proved to be a great formula for success with almost proven business model. Who doesn’t know McDonald’s? McDonald’s is the torch-bearing example of a successful business system. Franchise system elevates experience, brand equity and partnership to new heights. Here are some tips if you are planning to become franchise – 1. Industry size – the segment size…
The U.S. Small Business Administration and the Multi-Cultural Center in Sioux Falls are teaming up to help immigrants start or expand successful business ventures. A number of refugees are small business owners, but they do not know where to find financial or other assistance available. The Multi-Cultural Center and the U.S. Small Business Administration wants to change that. By providing…
The Council of Better Business Bureaus (CBBB) and Privacy & American Business (P&AB) have teamed up to launch a new national education initiative geared toward helping small business owners improve their security and privacy readiness. The Entitled Security & Privacy – Made Simpler initiative is designed to demystify the complexities of data security and give small businesses a non-technical roadmap…
With world becoming smaller and smaller day-by-day, more people from different cultures are shaking hands to strike business deals. It is no wonder that a car conceptualized in the USA, designed in Italy, parts manufactured in India and assembled in Germany will be sold in Latin America. It is also not difficult to find a Japanese leading an American firm….
Positioning concept in marketing caught fire after the two executives on Madison Street coined this term in the year 1971. These two ad wizards are known as Al Ries and Jack Trout. Positioning concept works on simple premises – an average human being prefers to remember something that is number one, or two. One tends to forget others down the ladder….
A new survey conducted by Small Business California found that 58% of small business owners felt California is âpretty seriously off on the wrong track”.  Furthermore, 50% of small business owners rated the climate for small businesses as âpoor.â? Employers pointed to the rising cost of health care and workersâ compensation as the two major causes for concern. For some,…
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