Category: Entrepreneurs
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Stories from Franchise Land – The Ace Hardware Story
A franchise made by the people. Just like the ace is the highest card in the suit, Ace hardware corporation indeed has been on rank one in the hardware business for almost a century now and gained a trusted household name as America’s local hardware store. Ace Hardware has global sales totaling over $13 billion.…
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Time Value of Money: How much is your time worth?
Introduction to the concept: Time Value of Money A very old proverb says, ‘A bird in hand is worth two in the bush.’ Some people might believe it to be absolutely correct, and maybe when this proverb was first coined, it even might have been the case. And while the tables might not have turned…
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Three Lesser-known Coffee Franchises to Look Out For
Three Lesser-known Coffee Franchises to Look Out For One fine day about 1200 years back, a group of shepherds noticed that some of their goats were acting weird all of a sudden. Some goats among the herd appeared to dance and jump as they moved around. It looked like they were full of energy, or…
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Mikel Coffee Company: a Coffee that the Old Gods praise.
The year was 2008. In the peaceful city of Larissa, people comfortably went about their businesses. As far as an average onlooker was concerned, it was business as usual. And yet, the serene, mild Greek weather was in stark contrast with the storm raging within a man who was about to change the Greek coffee…
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A Franchisor’s Guide to Mikel Coffee Company
Name of the Company: Mikel Coffee Company Brand Name: Mikel Year Established: 2008 Country of Origin: Greece Franchise Category: Food and Beverage Brand Description: Branded Coffee Chain Description: High quality artisan roasting and brewing of coffee beverages and an extensive food line-up. Business Summary Mikel Coffee Company is a high-quality artisan roasting and brewing of…
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Stories from Franchise Land – The Dunkin’ Donuts Story
A little boy’s great entrepreneurial skill was the original foundation for Dunkin’ donuts; America’s biggest multinational coffee and doughnut company. The story of Dunkin’ Donuts, like most of the other food giants, begins with a small restaurant named Open Kettle. Opened by William Rosenberg in 1948, in Quincy, Massachusetts, Dunkin’ Donuts is one of the…
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10 Best TV Shows and Movies to Fuel your Inner Entrepreneur
10 Best TV Shows and Movies to Fuel your Inner Entrepreneur The ‘Goodfellas’. The ‘Money People’. The ‘Hotshots’. Based on what cinema has portrayed, a career in the financial sector surely seems lucrative. It is, however, a gritty and laborious field. It is a goddess who can be very, very rewarding, or extremely harsh. Even…
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franchise sale growth: Top 10 pointers you are missing out upon
Any franchise needs marketing support to grow their sale, expand their visibility, and attract more customers. This blog-post would aim to explain the strategies that tackle the complexities of the market and how one would become a well-marketed chain. Marketing of a franchised business is a challenge as compared to other organizations. There is a…
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Tricks of the trade: ultimate checklist for new franchisor
The expansion of business is the first thought that comes to the entrepreneur’s mind who has established and made it decent in whatever field he/she has started his/her operations. Business can be expanded either by opening up a company-owned outlet or by offering franchisees. It is recommended to the businessman starting to franchise for the expansion. Franchising…