Acceler8Success Cafe Friday 5.3.19

A Homegrown Economy Starts With Entrepreneurs

Recognizing the economic and cultural benefits entrepreneurs bring to their hometowns, mayors and other local leaders are looking for practical ways to attract and retain more of these economic heroes. Rather than luring businesses from the outside through costly incentives such as tax breaks and calling it growth, more mayors and their communities are now looking within.

“Growing your own [economy] through investing in entrepreneurs is an economic development imperative for mayors and their cities,” said Betsy Hodges, former mayor of Minneapolis. “Entrepreneurs grow the cities they live in. The money stays in their community. They hire local. This leads to an upward spiral of success for the city.” Read more.

5 Most Common Accounting Mistakes First-Time Entrepreneurs Make

Life After Crickets: Why Exo’s Cofounders Have Become ‘Cereal’ Entrepreneurs

3 Questions You Need To Ask Yourself When Considering Becoming An Entrepreneur

Create Your Own Wealth, a Collection of 2-Minute Topics on Franchising

Returning as a guest to Franchising & You is Holly A Ford, Entrepreneur, Executive Franchise Broker, Radio Host and Author. Fresh on the heels of the recent publication of her best-selling book, Create Your Own Wealth, a Collection of 2-Minute Topics on Franchising, Holly shares her goals and objectives around the book’s development along with the motivating factors that led her to ‘putting her thoughts down on paper.’

The book’s Table of Contents is like no other with riveting chapters including, World Domination – Creating Wealth through Franchise Expansion, We are the World – The Social Entrepreneur, and Diamond in the Rough – Why Invest in an Unprofitable Business.

Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Listen here.

Order the book on Amazon today!

The Psychological Price Of Entrepreneurship

Why Every Entrepreneur Needs to Know About the ‘Alter Ego Effect’

Strapped for Cash? Three Modern Ways To Take Out A Small Business Loan.

Moving from a Corporate Job to Entrepreneurship? You Have More Advantages Than You Think

The corporate world can be a comfortable place with its steady income and predictability. But after many years in a corporate job, you may begin to feel stifled. After all, you need to work within set hours, may desire more work/life balance and higher income potential. You might have new ideas, but no support to implement them. And do you want to be your own boss? If these sentiments resonate with you, a corporate job to entrepreneurship may be your next career transition.

However, leaving a corporate job to start your own business is a major step and you may be wondering if you have what it takes. At BirthdayPak, we have found that the skills and experiences our franchise owners acquired from their corporate days have positioned them for success as an entrepreneur. Here’s why you have more transferrable skills and advantages than you think, and they can benefit you as a business owner too. Read more.

Benetrends FinancialSpadea Lignana & Retail Solutions

Benefiting From the Relationship Between Franchise Consultant and Franchisor #podcast

“When the IFPG trains new Franchise Consultants, we always instruct them to take the next step in their career by making the wise investment of time and effort into getting their CFE asap…” – Red Boswell, IFPG President

Red BoswellThis week on Franchising & You, newly appointed president of the International Franchise Professionals Group, Red Boswell was our guest. Based upon his insight from his experience working with third-party sellers, Red shared his perspective on two key relationships, Franchise Consultant & Franchisor and also Franchise Consultant & Franchise Candidate.

In addition to sharing his goals and objectives with IFPG and especially as they pertain to success within the ‘franchise tripod’ – Franchisor, Franchise Consultant and Franchise Candidate, Red addressed several key points:

  • Importance of Franchise Consultant and Franchisor having a strong relationship and how that relationship benefits the candidate.
  • How working with a Franchise Consultant can prove extremely valuable as a trend in franchising sees more and more home-based or small office-based franchise opportunities dotting the landscape.
  • As more candidates, impressed by the relationship they’re building with their Franchise Consultant are deciding to explore franchise consultancy opportunities themselves.

franchising-and-you-3-7Listen to today’s segment HERE.

Learn more about Red Boswell HERE.

Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand.

Franchising & You podcast is sponsored by Benetrends FinancialSpadea Lignana and Retail Solutions.

 

Acceler8Success Cafe Weekend Edition 4.27.19

Millennials Tried to Kill the American Mall, But Gen Z Might Save It

Gen Z keeps confounding Corporate America. They’ve shunned beer, they want companies to take political stands and they trust Kardashians to make their makeup choices. But perhaps the biggest surprise about this new cohort of teenagers is the most unexpected of all: They love the shopping mall. Around 95 percent of them visited a physical shopping center in a three-month period in 2018, as opposed to just 75 percent of millennials and 58 percent of Gen X, according to an International Council of Shopping Centers study. And they genuinely like it; three-quarters of them said going to a brick-and-mortar store was a better experience than online, ICSC found.

Nimble retailers are making their stores more Instagram-worthy in a bid to appeal to this connected crowd. About a third of Gen Z consumers say shopping should also be entertaining, according to data from Cassandra, a cultural insights and strategy agency. With these Gen Z shoppers in mind, old-guard department store Macy’s Inc. earlier this month rolled out in 36 of its locations “Story,” a colorful themed shop-in-shop. In its behemoth Herald Square store, the 7,500-square-foot space is brightly painted with primary colors, a pillar completely made of Crayola crayons, a pingpong table and a rainbow tunnel. Read more.

Acceler8Success Cafe Monday 4.22.19

Acceler8Success Cafe Tuesday 4.23.19

Acceler8Success Cafe Wednesday 4.24.19

Acceler8Success Cafe Thursday 4.25.19

Acceler8Success Cafe Friday 4.26.19

Benefiting From the Relationship Between Franchise Consultant and Franchisor

This week on Franchising & You, newly appointed president of the International Franchise Professionals Group, Red Boswell is our guest. Based upon his insight from his experience working with third-party sellers, Red shares his perspective on how candidates can greatly benefit by understanding the value of the Franchisor / Franchise Consultant relationship. Red also provides input on the growing home-based sector of franchising and how the Franchise Consultant helps close the gap often filled by the candidate’s lack of personal experience with the brand.

Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Listen here.

Benetrends FinancialSpadea Lignana & Retail Solutions