Only businesses that don’t have to worry about sales taxes are those that have no sales. By Shane Ratigan Most of us understand the basic machinations of sales tax compliance from our experiences as retail consumers. Frankly, from most consumers’ point of view, sales
To achieve efficiency in marketing, franchisors must overcome the communication, data and decision gaps between them and their franchisees. By Corey O’Donnell Marketing is a challenge for any business, large or small, especially in today’s complicated digital world, which presents dozens of new marketing
Franchising hits a tipping point: More than 50 percent of franchisees are entering the “Maturation Stage.” By Greg Nathan, CFE There is a famous photo of Marilyn Monroe standing on a subway grate with her dress blowing around her. It’s from the movie, The
International Franchise Toolkit: A dynamic, invaluable resource for franchisors expanding overseas. By Edward (Ned) Levitt, CFE As part of its commitment to its members and the worldwide franchise community, the International Franchise Association has embarked upon another novel and exciting project. By creating the
Franchisees should have a sound understanding of their financial positions and match funding with long-term plans. By Randy Jones Prior to the financial crisis of 2007-2008, the primary sources of financing for franchisees were U.S. Small Business Administration-backed loans, conventional loans, and equipment financing.
Maximize your trade show investment with clear objectives, attainable goals. By Renee Israel When the trade show floor opens and the exhibition hall is filled with attendees, franchisors are faced with the challenge of reaching their exhibiting goals. Traditionally, your main objective is to
The “Digital Natives” are coming! No, wait! They’re already here – 75 million of them! By Brian Iredell Purchasing power among millennials is on the rise. According to the U.S Census Bureau, 74.3 million Americans age 18-34 currently account for 23.5 percent of the
Working to standardize healthcare offerings for large populations in developing countries. By Scott Hillstrom UNICEF reports that 17,000 children in the developing world die each day from causes that can be easily prevented and treated. Many of these deaths occur because medical care is