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

Acceler8Success Cafe Thursday 5.2.19

Four Ways the Restaurant Industry Is Changing

Millennial spending on restaurants is driving rapid change in the food-and-beverage industry. A new survey from CBRE reports four emerging trends that will significantly impact the real estate for foo-and-beverage operators, both in retail and industrial. The survey predicts that neighborhoods on the edge of the urban core will become food and beverage hotspots; the growth of single-person households will drive more spending on restaurants; spending on restaurants and groceries will outpace soft goods in the next five years; and, finally, millennial spending on food and beverage will exceed all other generations in the next 10 years. Read more.

3 Key Ingredients for a Successful Restaurant

Is it Really Possible to Reduce Employee Turnover in a Restaurant?

Catering grew 50% faster than entire restaurant industry in 2018

How The Restaurant Industry Is Moving Toward Cashless Payments For Employees

How Automation Helps Reduce Back-of-House Labor Costs

Don’t Lose Easy Money: The Quick Way to Make Sure You’re Mobile Friendly and Maximize Restaurant Sales

Follow this quick and simple guide to check if you’re mobile friendly and make sure easy revenue isn’t slipping through your fingers. Are you sure that your website is mobile friendly to meet the demands of the majority of your customers? It might surprise you how often restaurant websites don’t cut the mustard for mobile users. Bottom line, if you’re not mobile friendly, you’re losing money.

Restaurant marketing experts say “Many of our restaurant owning customers are often shocked to find out that thousands of potential customers turned away from their website because they couldn’t easily read it on mobile. If you want to make sure you’re maximizing restaurant revenue opportunities, this should absolutely be the first thing you take care of.” Read more.

Coffee Growth Driven by Afternoon Pick-me-ups

Webinar to Reveal How Restructuring Franchise Operations Can Lead to Growth

How Master Developers Champion Franchise Brands

The 2018 QSR Drive-Thru Study

It seems that all anyone in the restaurant industry can talk about these days is off-premises dining. From mobile-powered delivery to kiosk-driven takeout and all of the other increasingly accessible food occasions outside the four walls, off-premises is revolutionizing how guests interact with food businesses—and how those businesses design their customer experiences.

But off-premises is old hat for quick serves. After all, it’s technically been a key strategy for the industry for generations in the form of the drive thru. Most major quick serves report about 70 percent of their sales going out the drive-thru window, and that expertise gives them a leg up when it comes to staffing, packaging, expediency, and all of the other systems necessary for running a robust off-premises dining program. Read more.

Every year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and small business owners.

More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year.

Learn more at SBA.gov/NSBW


How Franchising Helps Women Achieve a Better Work/Life Balance

As seen in the recent post, ‘Women in Business: Is Franchising in Your Future?’, the number of female business owners is growing in terms of sheer numbers and the rate of ownership growth. Many of those business owners are women, attracted to the name recognition, support and networking that franchising offers. Read more.

Benetrends FinancialSpadea Lignana & Retail Solutions

Acceler8Success Cafe Monday 4.29.19

3 Reasons to Become an Entrepreneur

Entrepreneurship presents a business idea that is followed by millions of people. The people who pick it up as career options are called entrepreneurs and an entrepreneur is someone who is his or her own boss, doing and controlling over their jobs by themselves. With the basic information given, have you ever thought of becoming an entrepreneur or are you an entrepreneur already? What is or might be your reason to select entrepreneurship?

Every individual may have their own reasons for choosing to become an entrepreneur. They might get tired of the bossy behaviors of the supervisors or do not want to financially depend on anyone. Whatever it may be, the choice and efforts will not go in vain, it will certainly add up to your experience for best. This article will tell you about the top three reasons why you should also consider being an entrepreneur. Read more.

How Resilience Turned A Homeless Teenager Into A Millionaire SEO Entrepreneur

This Mom Entrepreneur Is Developing Medicinal Cannabis to Treat Kids With Autism

Four Traits of Successful Entrepreneurs

Business Mentor: What Aspiring Franchise Owners Need To Know

10 Adjustments You Can Make to Improve Your Chances of Business Success

The Definitive Guide to Franchise Research

Franchising In The Smart Home Era

Franchising Isn’t Broken – Don’t Fix It!

The Next Franchise Purchase – What to Know Before You Go

The leap from owning one franchise to two or even more can be just as daunting as that initial purchase. But by taking a defined, strategic approach to selecting another brand, entrepreneurs can hone in on their best options and make an informed decision.

First, let’s look at the reasons why franchisees typically are interested in purchasing or developing units with another concept. Often, they’re looking to reduce their risk by diversifying, which also allows them to use their existing resources and real estate strategies.

But sometimes expansion-minded franchisees are failing to see the growth opportunities they desire with their current brand. Or they may even be concerned about their existing brand’s strategic direction. Finally, they might even be seeking to add new avenues of growth for second- or third-generation family members entering the business. Read more.

Funding and Beyond: The Strategic Benefits of Partnering with Benetrends

How Much Will You Need to Fund a Franchise Purchase?

Benetrends FinancialSpadea Lignana & Retail Solutions