Friday, March 31, 2017
If you have a successful business that’s susceptible to a regional or national system of marketing and you don’t want to share control or risk the personality conflicts that come with bringing in investors who would become your equals in making business decisions, then franchising may be your best course of action. To help you determine whether your business could be franchised, review the three qualifiers and considerations described below.
Wednesday, March 15, 2017
When you are launching a new venture, it can sometimes feel like balance is a complete myth. Michael Schultz knows firsthand about working long, crazy hours, having worked in the restaurant industry since he was 12 years old. He has worked for big names such as Ruth’s Chris Steak House and Wolfgang Puck, and in 2015, opened Goddess and the Baker, a well regarded cafe in Chicago.
This spring, when he launched his new company, a specialty food and beverage chain called Fairgrounds Coffee & Tea Brew Bar, Schultz wanted to make work/life balance a part of the company’s mission from day one. While it’s something that’s incredibly valuable to Schultz now, he says that wasn’t always the case.
Saturday, March 4, 2017
1. Surround yourself with experts.
Being surrounded by great people is always solid advice. In this case, have an advisory board filled with mentors, coaches, consultants and advisors. It doesn’t matter if its formal or informal, but just having one shows that you're aware that you don’t know it all and have people that can help you see the bigger picture.
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