No, Thank You
Does Seattle's proposed minimum wage hike adversely hurt franchise businesses more than others? Not necessarily. Having a plan to combat the wage hike to maintain profits probably makes the better prepared than an independent business.
Scott Shane is A. Malachi Mixon III, Professor of Entrepreneurial Studies at Case Western Reserve University. He is the author of nine books, including:
He is the Editor of the Small Business Research Center at Small Business Trends.
He is also a member of the Northcoast Angel Fund in the Cleveland area. You can reach him at Scott “dot” shane “at” Case “dot” edu.
Does Seattle's proposed minimum wage hike adversely hurt franchise businesses more than others? Not necessarily. Having a plan to combat the wage hike to maintain profits probably makes the better prepared than an independent business.Feb 8, 2016 189 Shares
If youi're in a group of startups about to demo their product or service to investors, is it best to go first, last, or somewhere in the middle. New data on who is going to be more successful may surprise you.Feb 1, 2016 83 Shares
New Census data shows that the rate of failure of America's small businesses is in a long-term decline.Jan 25, 2016 264 Shares
The average American small business is getting smaller. That's what new data from the Census shows. Since 2007, the average company has gotten smaller and seen less sales annually.Jan 18, 2016 51 Shares
Early-stage angel investors tend to invest in companies they can reach by car in less than half of a day. But today, some investors with similar interests or backgrounds are banding together to back early startups together.Jan 11, 2016 199 Shares
Venture capitalists may not be the biggest fans of Prince but they're sure hoping for a return to the days of 1999.Jan 4, 2016 177 Shares
Companies that are backed by venture capital funds have risen sharply in value over the last two years, according to recent data.Dec 28, 2015 322 Shares
Online angel investor sites have changed the way that angel investors are calculating what investments in startups will pay off.Dec 21, 2015 879 Shares
MyCrowd says it will stay on top of your website and apps on the lookout for bugs. It wants to find bugs on these sites before your customers do.Dec 14, 2015 59 Shares
Entrepreneurs looking to buy a franchise business should know that "healthier" franchise companies often charge higher up-front fees while those scuffling more have lower fees.Dec 7, 2015 475 Shares
Student entrepreneurs often have great ideas for businesses but they lack a working prototype. And it's the prototype that gets funding from investors. Without that prototype, it often remains just a great idea.Nov 30, 2015 72 Shares
More and more entrepreneurs are striking out on their own and starting their own businesses. Trouble is, not too many of these entrepreneurs are hiring help. Is this a point of concern?Nov 23, 2015 300 Shares
Looking for templates, checklists or guides? The Small Business Resource Center has them!