According to the bureau of labor statistics, more than 94% of startup businesses fail during their first years of operations, and it turns out, lack of funding is the most common reason for failure. Money is the bloodline of all businesses, and you can’t launch your business nor manage operations for long without it. Fortunately, there …
Effective Ways Startup Businesses Can Raise Capital Read More »
Starbucks has grown into the largest coffeehouse company in the world. As of 2019, the coffee shop chain has over 30,600 stores globally, with around 15,000 retail stores in the United States. This is three times the number of stores its closest competitor, Dunkin, has around the world. Because of its popular brand name and …
How Much Is a Starbucks Franchise? It’s $0, and Here’s Why Read More »
Franchises are a form of investment for many looking to diversify their portfolio. However, it’s not for everyone. Unlike other investments that rise and fall without any control, opening a franchise requires work, employees, and a good eye for spotting a good franchising venture and a good location for it. Franchising comes with its own …
How Much Do Franchise Owners Make (and Other Questions About Buying a Franchise) Read More »
Subway Origins Costs of Opening a Subway Franchise Arguably, the reason for Subway’s fast growth and appeal to potential franchise owners is its low-cost high-return model. Let’s look at McDonald’s franchising costs. On top of the $45,000 franchisor fee, a franchiser will have to spend at least one million dollars on all the franchising costs. …
Is the Cost of a Subway Franchise Still Profitable in the Long Run? Read More »
In the modern world, businesses can’t just focus solely on the bottom line. While productivity and profit are always great, more and more employees are now craving for something more: a sense of community and purpose in their jobs. As technology brings people closer together, this need for connection is becoming the new norm in …
It Takes A Village: How to Turn Your Company Into a Community Read More »
