Top trends in franchising 2019

Franchising has matured since Ray Kroc opened his first McDonald's in 1955 in Des Plaines, Illinois. First-day sales at that restaurant were $316.12. In 2016, McDonald's annual sales topped $24.6 billion at nearly 37,000 restaurants in more than 120 countries – with about 84 percent of those stores owned by franchisees. Daily sales per franchised... Continue Reading →

Luck = Success in business ?

Don’t you wish you could be as lucky as Mark Zuckerberg or Elon Musk, who always seem to be in the right place at the right time for their business ideas to thrive? After many years of working in large companies as well as small, and watching the people that succeed, I’m convinced that luck... Continue Reading →

Absolute truth about owning a business

There are a number of reasons that someone can decide to start up a business venture. Some look for the freedom of controlling their schedules, while others want to work from home. Still others have an idea for doing something differently than it has ever been done before. For every entrepreneur, however, there is a basic... Continue Reading →

How effective is affiliate marketing?

Affiliate marketing is a marketing method that has been around for years and is one of the original ways to drive traffic and generate sales. This is done by an online business paying an external source for attempting to do this, with the more traffic and sales that are generated through an affiliate’s referrals, the... Continue Reading →

Key ideas to do business strategic planning

“The essence of strategy is choosing what not to do.” ― Michael E. Porter It is important for every company to engage in strategic planning at various stages of the corporate life cycle. This planning involves asking important questions, collecting the correct data to answer those questions, and choosing among good alternatives. Each company will... Continue Reading →

Outsourcing can help you succeed in business

What does it take to build a great company with the lowest possible risk? Building, managing, and maintaining the ideal team around your business is a must if you want to succeed in what most people fail. That is to build a successful business. Outsourcing is a low-risk option to build a highly scalable business. There are many... Continue Reading →

Effective ways to quickly differentiate your business

If you are a company offering professional services, you may find yourself struggling to differentiate your business from others offering similar services. How do you make yourself stand out in the field? How do you land those ideal clients? The key is to focus on elements called differentiators. Differentiators Make the Difference Differentiators are what... Continue Reading →

What really drives entrepreneurs?

Passion is the best entrepreneur painkiller. What keeps entrepreneurs going? Is it: Greed? Hunger for more power? The wish to be the boss? Their inability to be employees? I doubt it. In a world where most businesses fail, greed cannot be what keeps entrepreneurs going. There are safer ways of making money. You can always... Continue Reading →

A leader who takes risk going too far to discover just how far he can go – Mr. Paras Shahdadpuri, Nikai Group

“Failure doesn’t mean the game is over, it means try again with experience” says Mr. Paras Shahdadpuri, the inspiring business leader, who single handedly established NIKAI, one of the most successful international consumer electronics brand in the midmarket segment. Mr. Paras's entry into the business world was late compared to many. He was a high... Continue Reading →

Finding the best business partner

Did you know that businesses that are started by more than one person are more likely to succeed? You need a team to succeed in business. Every great team starts with the right business partners. Perhaps more than anything, who you select as your co-founder will determine whether your startup fails or succeeds. Finding a co-founder is difficult, but... Continue Reading →

Mistakes that can destroy your business

Do you ever wonder why most businesses fail? When you start a business there are many things you don’t know. Screwing up is part of the fun. OK, so it’s not always fun, but it’s going to happen anyway. You might hear a failed entrepreneur say “We ran out of money”. Others will tell you “We were crushed by... Continue Reading →

Make customers love your business

How to start a business customers love? Attracting paying customers is what separates entrepreneurs from wantrepreneurs. Ask any entrepreneur and she will tell you that getting customers is one of the hardest parts of business. The inability to attract customers cost effectively is one of the common reasons businesses fail. Do you know your customers’ needs?... Continue Reading →

Effective ways to improve your marketing

Entrepreneurs often waste their time on the wrong things like: Worrying about vanity metrics. Working on an administrative task that could be easily outsourced. Spending more money on things that won’t help to grow their business. Micromanage employees. Putting out fires instead of working on the bigger goals. Repeat doing the same things over-and-over instead of creating... Continue Reading →

How to skyrocket your business?

Start by replacing the old clunky business plan with your own success strategy. It is shorter than a business plan and it is much simpler too. When you start a business or want to strategically grow your business you must have a plan. The best business strategy starts with answering a long list of questions. Here is the... Continue Reading →

How to come up with a list of business ideas?

Want to start a business in Dubai but short of an idea? The business idea is the start of every successful company. One of the toughest part of start a business is the idea stage. It’s not that people can’t come up with a business idea. The problem is that the idea might not be the right idea for them. If you don’t know what business to pursue, this article is for you.

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