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10 Weird Franchises to Stand Out From The Crowd

by Manuela
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Everyone knows the names of some of the bigger franchises like Burger King and McDonald’s. However, there are lots of other weird franchise ideas if you’re looking to stand out from the crowd. Here’s 10 examples. Weird Franchises to Consider Cereality This weird franchise caters to those busy always on the go people everyone knows and most of us have become. They let you combine two brand name cereals and then add a topping.  It’s like taking your kitchen with you on the road. One menu choice offers Cherrios and Special K with dried cranberries and walnuts. Not weird enough? [...]

Does Your Startup Feel Like a Helpless Baby?

by Manuela
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In his book, The Emyth Revisited, Michael Gerber explains that most entrepreneurs are merely technicians in their business and not “business people.” For instance, a person may be a highly trained auto mechanic, but decides that he doesn’t not want a job any longer -- he wants to run his own business. He opens a shop. He may start with a customer following but really doesn’t know much about payroll, marketing or customer and employee retention. So, one of two outcomes are bound to happen. One, the business will plateau. The mechanic essentially bought himself a job. Or secondly, the [...]

How to Know When a Business Idea Is Worth Pursuing

by Manuela
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There's a stat that every entrepreneur has heard at least once -- nine out of 10 business ideas will fail. Entrepreneurship is a gamble. And with the chips stacked against you, it's difficult to know whether an idea has possibilities. I've taken the leap four times, each time just as much of a roller coaster as the last. These experiences have taught me a valuable lesson: It's not just about finding a good idea; it's finding an idea worth pursuing. Related: How to Start a Business With (Almost) No Money But, finding that idea, and building a company with that idea [...]

Best part time business ideas

by Manuela
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Uber is usually the first side hustle mentioned when talk turns to part-time jobs for people who already have full-time work. It does offer flexible earning power, especially if you live in an area with lots of nightlife and have a car that qualifies. But Uber isn't the only option for making extra money working around your full-time commitments.  RELATED: Mystery shopping: How to find the real side gigs and avoid the scams These part-time businesses are recommended for people who already have a full-time job and want to make extra money or start getting established as an entrepreneur: Become a [...]

Is Technology Helping or Hurting Your Business?

by Manuela
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Here’s a lesson for small business owners: More technology is not necessarily better…if you leave some customers behind. Ordering a pizza is something we’ve all done dozens, if not hundreds, of times. You pick up the phone, call your nearest pizza place and order delivery. Easy — or is it? Not for a friend of mine who recently had a frustrating experience when he tried to order a pizza. My friend is a musician and was in the middle of a recording session that began to run long. The guys were getting hungry, but not wanting to totally interrupt the [...]

10 Most Common High Tech Business Plan Fails – Planning, Startups, Stories

by Manuela
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I was asked about high-tech business plan fails on Quora recently. So this isn’t about lean plans for all business owners, but just the business plans submitted for angel investment and business plan competitions. I read about 100 of those business plans per year. So here’s my list of high-tech business plan fails: Naive profits. Drives me crazy. First of all, startups are rarely profitable. Secondly, get a clue – if the industry average is 8% profits to sales, you aren’t going to make 43%. You’re not showing that your business will perform way better than most; you’re showing you don’t [...]

Learn About Social Media Algorithms, Augmented Reality and More Changing Business Trends

by Manuela
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The tools, platforms and methods you use to grow your business are constantly changing. So you need to keep up with all the latest updates and trends. Members of the online small business community have some great insights about these changing tools and trends, ranging from social media algorithms to augmented reality. Read on for some helpful tips. Don’t Let Social Media Algorithms Hurt Your Digital Marketing Social media is an easy and free way to promote your business. But algorithms on certain sites can make it more difficult for your content to reach relevant audiences. To combat that, check [...]

How to Fund Your Startup Without Losing Control

by Manuela
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Capital investments are like gasoline on a startup business’s metaphorical fire. They allow you to hire more people, purchase new technology, and establish new business connections, among many other benefits. If you’re like most startup CEOs, your startup has been your personal fiefdom and baby. You make all the decisions, when you want, how you want. When you accept outside money, particularly a private equity (PE) investment, however, that changes. In this article, I’ll provide some personal stories of how investors have navigated the balance between raising private equity capital and not losing control of their startup. Rule 1: Bootstrap [...]

8 Proven Time Management Tips From 12 Top Business Execs

by Manuela
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By Georgi Todorov Time management is a multi-billion-dollar industry. Countless books and gurus are advising you what to do. And there are even apps to push and prod you in the right direction. But which methods really work? These eight tips are tried and tested by some of the nation’s top business execs. 1. Plan your work the night before Brian Tracy, Chairman and CEO of Brian Tracy International, is a renowned speaker and best-selling author on self-development, leadership, and time management. One of Tracy’s top tips to having a productive day is to plan your work the night before. “By writing [...]

How To Start a Successful Restaurant: GUIDE

by Manuela
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Source. This article is part of our Restaurant Business Startup Guide—a curated list of articles to help you plan, start, and grow your restaurant business! If you’ve wanted to start a restaurant for years, it might be time to sit down and draw up a plan to open your own business. To help you create a recipe for success, we’ve put together a how-to-get-started guide to make sure you have all the ingredients you need to open your restaurant with confidence. While starting a restaurant is exciting, it’s also time-consuming and one of the toughest businesses to successfully launch. In [...]