Here are 15 tips (in no particular order) I've learned firsthand through my experience with Kennedy's for those of you thinking about buying into a franchise or opening up your own.
While crowdsourcing pulls in ideas and content from outside the organization, crowdscaling grows and scales its impact outward by empowering the success of others.
NEW YORK -- Hollywood hamburger chain Fatburger has a devoted following for its made-to-order American fare, like hand-battered onion rings and sandwi...
I attended a webinar a few weeks ago called "Best Practices in Buying and Selling a Business with a Focus on Financing." It explored the availability ...
A federal judge in Illinois ruled this week that servers and bartenders at a chain of Applebee's restaurants in the state must be compensated for extr...
Will consumers who are motivated to act because of the offer still order their "usual" out of habit and/or preference? What are the best and worst and baseline emotional, operational and financial scenarios?
I financed several start-up restaurants when I was in the commercial mortgage banking business. All of the non-franchised restaurants failed within the first two years. So I studied the restaurant failures to better understand what it takes to underwrite them successfully.
Second Cup CEO Stacey Mowbray went undercover in her company Second Cup, a Canadian coffee chain, on the latest installment of "Undercover Boss: Abroa...
Small-business owners are holding their collective breaths as the Obama Administration's proposed budget wends its way through the politically-charged Congress.
For those that were employed in executive-level positions, and have been out of work for a long-time, one increasingly popular option that's being looked at is franchise ownership. But is becoming the owner of a franchise business the answer?
Optimism for the American economy continues to evaporate, even as President Obama readies a supposedly major jobs plan to be unveiled in a speech befo...
Passion and a great idea are not enough to start a business. In my last two columns, I wrote that you must demonstrate enough predictable cash flow an...
According to data from Pricewaterhouse Coopers and the International Franchise Association, approximately 25% of today's franchisees are female. Fran...
Most people dream of working from home. But while it sounds great at first glance, there are things that you need to consider before getting into a business without a central office.
Social media is all the buzz in small business. Everyone has seen their local mom and pop store using social tools to keep in touch with their clientele. Where does Wall Street meet Main Street? Franchising.
Most people think it takes millions of dollars to own a yacht. But it doesn't if you want to be in control of an entire fleet! If you want to wake up ...
Pundits say that $350 billion of commercial mortgage loans are coming due for payoff. The balances still owed are so high that many borrowers will be unable to refinance conventionally.
Self-employment is an alternative to unemployment. Yet, determining what kind of business to start, knowing how much money you will need, and what steps to take can be daunting
Given recent events in the Arab World, I seriously doubt we will be seeing a Washington Post style "Top Secret Middle East" project coming out any time soon.
Now is the time to think about dusting off your old business plan as the economy improves. A business plan is required to obtain a loan or venture capital. It is uniquely designed as a sales tool to get financing.