Getting Started

Key Takeaways Understanding Franchise Types: Familiarize yourself with various fast food franchise categories, including Quick Service Restaurants (QSRs), Fast Casual, Snack & Beverage Chains, and Full-Service Restaurants to find the right fit for your business model. Research is Key: Investigate current market trends, consumer preferences, and competition to make informed decisions about which franchise to pursue and how to position it effectively. Financial Considerations: Assess initial investment costs, ongoing royalty fees, and operational expenses to create a comprehensive financial plan that ensures profitability and sustainability. Choose Wisely: Evaluat…

Key Takeaways Franchising Overview: Franchising offers an opportunity to operate a business under an established brand, benefiting from proven business models and support from franchisors. Benefits of Franchise Ownership: Key advantages include financial stability, brand recognition, and access to training and marketing assistance, which enhance the likelihood of success. Researching Franchise Opportunities: Conduct thorough research to identify interests, analyze market demand, and utilize online resources for discovering suitable franchises. Financial Assessment: Understand the initial costs, liquid capital requirements, and net worth qualifications needed to secu…

In recent years, small business owners have found themselves increasingly vulnerable to lawsuits alleging violations of the Americans with Disabilities Act (ADA). The surge in these legal actions has become a significant concern for entrepreneurs, as many report they are being targeted without clear compliance guidelines. This predicament is illustrated by the experience of Clay*, an online store owner who was blindsided by a legal notice regarding his website’s accessibility. “It made my heart sink,” he recalls, highlighting the anxiety many small business owners face as they navigate these turbulent legal waters. The ADA, established in 1990 to enhance accessibility fo…

The North Carolina Community College System announced it is partnering with Goldman Sachs to launch the 10,000 Small Businesses initiative across the state. The effort is part of Goldman Sachs’ $100 million national Investment in Rural Communities, aimed at bolstering small business growth and economic development. For more than 15 years, 10,000 Small Businesses has offered free business education, access to capital, and tailored support services to help entrepreneurs grow. In 2023, Goldman Sachs expanded the program into rural areas across 20 states, and North Carolina now joins the initiative’s latest expansion. “This partnership with Goldman Sachs reflects our system…

Key Takeaways Understand Local Advertising’s Importance: Local advertising strengthens community ties and enhances brand visibility, crucial for small business success. Identify Your Target Audience: Tailor your advertising strategies by analyzing local demographics, preferences, and purchasing behaviors to connect effectively with potential customers. Utilize Creative Local Advertising Strategies: Engage local audiences through social media campaigns, participation in community events, and innovative grassroots marketing approaches to increase visibility and customer engagement. Implement Low-Cost Strategies: Use cost-effective methods such as community bulletin bo…

Key Takeaways Understanding Seasonal Products: Recognize that seasonal products are essential for enhancing customer experiences and driving sales. They reflect the unique traits of each season. Identifying Opportunities: Leverage seasonal trends by updating inventory with in-demand products to maximize revenue during holidays and events. Effective Sales Tactics: Implement upselling and cross-selling strategies when customers purchase seasonal items to boost average transaction values and customer satisfaction. Monitoring Performance: Regularly track sales metrics related to seasonal products to refine your sales process and identify high-profit items. Supporting L…

Key Takeaways Five Guys operates as a franchise, allowing independent entrepreneurs to open locations under the established brand.The franchise model fosters rapid growth while offering support and resources to franchisees, enhancing their chances of success.Key characteristics of Five Guys include strong brand recognition, a limited menu focused on quality, and no paid advertising—relying instead on customer loyalty.The initial investment for a Five Guys franchise can be significant, with costs ranging from $152,600 to over $5 million, requiring substantial financial resources and commitment.Owning a Five Guys franchise comes with challenges, including operational mana…

Key Takeaways Exciting New Features: BookTok has introduced new features to enhance user engagement and improve the book discovery process for readers.Enhanced Discovery: Users can now access improved visibility for their book-related content through user-generated videos and trending hashtags, increasing exposure to new readers.Improved User Interaction: Upgraded capabilities for comments, likes, and shares allow deeper connections and community engagement among book enthusiasts.Impact on Publishing: BookTok significantly influences sales and marketing strategies in the book publishing industry, showcasing the correlation between platform engagement and book sales.Conten…

Key Takeaways Diverse Business Opportunities: Sewing businesses can take various forms, such as custom sewing services, clothing alterations, and handmade products, catering to a broad market demand. Home-Based and Flexible Models: Many sewing entrepreneurs start from home, benefiting from low overhead costs and the flexibility to manage small-scale production of bespoke items. The Importance of Quality: Focus on high-quality materials and craftsmanship to stand out in a competitive market, as personalized and well-made products attract loyal customers. Effective Marketing Strategies: Leverage social media and local artisan markets to showcase your products and enga…

In the context of optimizing your supply chain, selecting the right software is essential. Tools like SAP Integrated Business Planning and Oracle Fusion Cloud SCM offer advanced analytics and real-time forecasting capabilities. Kinaxis RapidResponse enables concurrent planning, whereas Coupa Supply Chain Design & Planning stands out in scenario planning. Each tool presents unique features that can improve efficiency and decision-making. Comprehending these options is key to enhancing your supply chain performance. So, which tool fits your needs best? Key Takeaways SAP Integrated Business Planning offers real-time data access and scenario planning, enhancing decisi…

Adobe has released new survey findings showing how small business owners in the U.S. are redefining entrepreneurship through digital savvy, relentless hustle, and tools like Adobe Express. According to Adobe, the survey of 400 small business owners reveals a mix of optimism, overwork, and creative ambition among today’s entrepreneurs — many of whom are leveraging Adobe Express to overcome marketing challenges and build meaningful brands. The data show a significant shift in the makeup and mindset of small business owners. Forty percent of respondents have been in business for fewer than four years, indicating a rise in new, digitally native entrepreneurs. Adobe describes…

Key Takeaways Build Customer Trust: A clear return policy reassures customers, encouraging them to make purchases by minimizing the fear of buyer’s remorse. Essential Components: Include key elements such as a defined return time frame, specific conditions for returns, and a transparent refund process to enhance customer satisfaction. Clarity and Accessibility: Use straightforward language and ensure your return policy is easily accessible both online and in-store to improve customer confidence and understanding. Balance Flexibility and Rules: Set reasonable return windows and conditions, while remaining open to exceptions, to attract more customers and enhance loya…

Key Takeaways Blogging as a Business: Blogging has evolved from a hobby to a legitimate business with multiple income-generating opportunities, making it accessible for everyone, from seasoned writers to beginners. Niche Focus: Identifying and targeting a specific niche is crucial for attracting a dedicated audience and building a strong brand presence, with popular niches including personal finance, health, travel, and technology. Diverse Monetization Strategies: Successful bloggers can explore various income streams such as affiliate marketing, sponsored content, ad revenue, subscription models, and online courses to diversify their earnings. Quality Content Creat…

Landbase has announced the launch of the Campaign Feed, a new enhancement to its agentic AI-powered go-to-market (GTM) platform, along with the acquisition of Delegate, a company known for its predictive and automated customer success solutions. These developments are aimed at accelerating Landbase’s mission to automate omnichannel sales outreach and improve go-to-market strategies through advanced AI-driven solutions. The Campaign Feed is designed to address key GTM challenges such as fragmented data, manual processes, and ineffective audience engagement. With the new capability, users receive AI-enriched campaign recommendations that can be reviewed, approved, edited, …

As the marketing landscape undergoes a seismic shift, small business owners face new challenges—and opportunities—largely driven by advancements in artificial intelligence. HubSpot, a leader in marketing software, has announced its agreement to acquire XFunnel, a platform designed to help businesses optimize their visibility in the era of Answer Engine Optimization (AEO). The timing couldn’t be more critical. As consumers increasingly rely on AI tools like ChatGPT and Claude for information, businesses must adapt their marketing strategies to ensure they appear where their customers are searching. HubSpot reports that leads generated from AI-driven strategies convert thr…

Key Takeaways Maximizing Productivity is Essential: Adopting effective productivity activities can significantly enhance efficiency and output, crucial for success in today’s competitive business landscape. Define Productivity Activities: These activities include strategies aimed at streamlining workflows, improving employee management, and optimizing processes to drive better results. Implement Time Management Techniques: Utilizing methods like the Pomodoro Technique or time blocking can prioritize tasks and improve both personal and team productivity. Leverage Collaborative Tools: Adopting project management and communication tools enhances team engagement, stream…

The National Trust for Historic Preservation and American Express have announced the opening of applications for the fifth year of the Backing Historic Small Restaurants (BHSR) grant program. The initiative, designed to help small and independent historic restaurants preserve their legacies, will provide $2.5 million in grants to 50 restaurants across the United States in 2025. According to the announcement, the program has already awarded more than $5 million to 130 restaurant owners in all 50 states over the past four years. The grants have supported establishments facing economic hardships or recovering from disasters. The BHSR program is part of American Express’ br…

Key Takeaways Understanding Consumer Alerts: Yelp’s consumer alerts help users identify potential fake reviews and suspicious activity, enhancing decision-making when choosing local businesses. Benefits for Consumers: These alerts protect consumers by highlighting issues, allowing them to avoid misleading information and make informed choices in finding dependable services. Impact on Businesses: By addressing flagged reviews, businesses can enhance their credibility and transparency, ultimately attracting more customers and fostering community support. Types and Triggers: Yelp employs different alerts for fraudulent reviews, suspicious activities, and business integ…

Key Takeaways Versatile Expertise: Amy Dowell combines creativity and business acumen, making her a significant figure in small business and community initiatives.Entrepreneurial Guidance: She focuses on essential areas such as market research, financial management, and branding, providing valuable insights for aspiring entrepreneurs.Networking Advocate: Emphasizing the power of networking, Amy encourages building relationships that foster mentorship and growth among business owners.Community Impact: Through educational reforms and outreach, she actively contributes to creating supportive learning environments that benefit students and entrepreneurs alike.Future Innovat…

A new report released by Amazon highlights the massive economic contributions of independent sellers, revealing that small and medium-sized businesses selling through the platform have generated more than $2.5 trillion in sales over the past 25 years and currently employ over 2 million people across the United States. The 2024 Small Business Empowerment Report, published on May 20, 2025, underscores the transformative impact Amazon’s seller program has had on small business growth and job creation since its inception in 2000. Today, more than 60% of sales in Amazon’s store come from independent sellers—most of which are small businesses. “These thriving businesses are c…

Key Takeaways Inclusive Franchise Model: Planet Fitness promotes a welcoming atmosphere and no-judgment philosophy, making it a desirable choice for both franchisees and members from diverse backgrounds. Strong Brand Recognition: With over 2,000 locations, Planet Fitness has established significant brand recognition, simplifying marketing efforts for franchise owners. Initial Investment Insight: Starting a Planet Fitness franchise typically requires an investment ranging from $1 million to $4 million, including franchise fees, equipment, and setup costs. Comprehensive Support and Training: Franchisees benefit from extensive operational support, marketing assistance,…

Key Takeaways Lucrative Opportunity: Car rental franchises present an appealing business venture amid the growing demand for flexible transportation options in the booming travel industry. Franchise Structure: Entrepreneurs benefit from a proven franchise model that includes brand recognition, operational support, and training, which are vital for success. Financial Independence: Owning a car rental franchise can lead to financial freedom, with established brands potentially generating higher revenue due to customer trust. Market Competition: The car rental industry is competitive, requiring franchisees to differentiate their services through innovative offerings an…

When searching for the best payroll software for your business, you need to contemplate various factors such as features, usability, and compliance. For instance, Gusto offers thorough payroll and HR integration, whereas Square Payroll is cost-effective for smaller firms. It’s crucial to identify what suits your specific needs and budget. Grasping these options can greatly improve your payroll process, but how do you determine which one aligns perfectly with your business goals? Key Takeaways Gusto offers comprehensive payroll and HR solutions, starting at $49/month plus $6/employee, ideal for small to medium-sized businesses. Square Payroll is the most affordable choic…

OpenPhone has launched Sona, a new AI-powered agent designed to ensure businesses never miss a customer call again. The announcement, made April 17, introduces Sona as the first AI agent purpose-built for the essential front-office needs of small businesses and startups. OpenPhone describes Sona as a tool that helps businesses resolve customer issues instantly and convert every interaction into a growth opportunity. With 24/7 availability, Sona aims to eliminate missed calls and the potential revenue loss that can follow. “At OpenPhone, we bring all customer data and communication into one place. We organize customer communications from start to finish, enabling teams t…