Do Ex-Execs Make Good Franchisees?

Turn your recent layoff into a chance to succeed.

Opinions expressed by Entrepreneur contributors are their own.

Just about the most significant trends in franchising in the last 15 years may be the emergence of ex-corporate executives as new franchisees. This trend began in earnest with the downsizing of the first ’90s, and has continued steadily–corporate layoffs of white-collar workers have grown to be a means of life in large companies.

This is really exciting for franchisors, as the pool of potential franchisees is not only larger–it also includes many people who have extensive management experience. Several prospective franchisees likewise have significant capital available because of severance packages or just via years of getting high salaries (read " Executive Decision ").

Continue reading

Alexis Ohanian’s Resignation from Reddit may be the Kind of Leadership the World Needs

Here’s what ordinary people could study from his decision.

Opinions expressed by Entrepreneur contributors are their own.

When Reddit co-founder Alexis Ohanian resigned from the company’s board the other day, he generared immediate headlines. However in doing this, he also created a legacy for himself as a leader. In Ohanian’s actual words:

“I really believe resignation can in fact be an act of leadership from people in power at this time.

I’ve resigned as an associate of the Reddit board, I’ve urged them to fill my seat with a black candidate, and I’ll use future gains on my Reddit stock to serve the black community, chiefly to curb racial hate, and I’m you start with a pledge of $1M to Colin Kaepernick’s Know Your Rights Camp.”

Continue reading

Do Employees Even Notice You Care?

Opinions expressed by Entrepreneur contributors are their own.

With their efforts which range from hosting employee-appreciation banquets to granting years-of-service awards, company leaders do make an effort to boost morale. Productivity and morale peak may peak at those times of celebration, then fall off a cliff days down the road.

60 % of the employees surveyed in a recently available Towers Watson study were disengaged or detached or felt unsupported within their jobs. Conducted online last April and could, the study analyzed a lot more than 32,000 responses in 26 markets all over the world.

Continue reading

Do Franchise Owners Have Sales Quotas? The Franchise King Explains.

This story originally appeared on The Franchise King

If you’re in the first stages of investigating franchise business ownership, there’s a thing that I want you to understand, and that means you won’t feel ambushed when you begin reading the Franchise Disclosure Document (FDD).

You might have going to your numbers.

I’ve some trying to explain to do

In the event that you happen to be coming to the franchise table from a career in sales, you understand all about quotas. Right from the start of a sales period before end, quotas gnaw away at you, day-after-day. They’re an invisible-yet powerful force that forces you..and all sales professionals, to escape their comfort zones, and…

Continue reading

Do Extroverts Have an edge in Entrepreneurship?

No worries: With repetition, you can train you to ultimately master habits and approaches that help those on "the other side" run their businesses.

Opinions expressed by Entrepreneur contributors are their own.

Are you an extrovert or an introvert? Just in case you aren’t familiar, someone’s put on the spectral range of extroversion and introversion depends upon how much see your face prefers the business of other folks — and his / her preference concerning "natural" social setting.

Continue reading

Alibaba May be the Biggest IPO Ever — But What on earth Is It?

For most Americans, the name Ali Baba conjures images of Arabian Nights — and those two timelessly magical words: ‘Open sesame!’ Until yesterday, that’s, when Chinese internet conglomerate Alibaba announced plans to apply for what may become among the largest U.S.-based IPOs ever.

As the news swirled over the weekend, many questions about Alibaba’s identity still linger. Here, we offer a glimpse in to the diverse businesses operated by the Chinese web giant — which includes been called, alternately, the eBay, Amazon and PayPal of China — on the heels of its stateside foray:

Continue reading

Algae May be the New Popcorn. And Pasta. And Bacon.

Algae is making its way from underneath of the ocean to your kitchen cabinet.

Opinions expressed by Entrepreneur contributors are their own.

So you’ve got your leafy vegetables and hearty legumes down pat. But in the event that you haven’t already, there’s a different type of green you may consider adding to your daily diet: algae.

Yes, the slimy items that grows in bodies of water is remarkably edible – and nutritious. And it’s nearly a fresh addition to the culinary world. Seaweed is merely algae that grows in the ocean, and if you’ve ever enjoyed sushi or miso soup, you understand how tasty the marine plant could be. All different types of seaweed are commonly found in food, from nori (that’s what your sushi is wrapped in), wakame, and kelp – often found in salads and soups – to agar and carrageenan, used as thickening and binding agents in lots of plant-based foods. Exact nutritional properties vary by type, of course, but overall, edible seaweed is commonly extremely dense in nutrients needed by the body.

Continue reading

Do Good Business by Doing Good

Free Book Preview Ultimate Guide to SOCIAL MEDIA

This book takes readers through a 360-degree perspective of social media in businesses.

Opinions expressed by Entrepreneur contributors are their own.

In 1970, economist Milton Friedman wrote an extremely controversial article for THE BRAND NEW York Times, “The Social Responsibility of Business is to improve its Profits.”

"There is only one social responsibility of business," he wrote, "to use its resources and take part in activities made to increase its profits as long as it stays within the guidelines of the overall game, which is to state, partcipates in open and free competition without deception or fraud." Friedman went as far as to label business executives with a corporate social-responsibility mission as socialists and hypocrites.

Continue reading

Do I WANT a Sexual Harassment Policy?

It isn’t a legal requirement, but it doesn’t make it any less of an excellent idea.

Opinions expressed by Entrepreneur contributors are their own.

Q: I own a graphical design firm with six employees, most of whom have already been with me for awhile. Do I want a formal sexual harassment policy?

A: Although, under federal law, you aren’t legally required to have one, you should have one. It doesn’t matter how large or small your company, you should take prudent steps to avoid sexual harassment. One of the better ways to get this done is with an anti-harassment policy. Here are a few of the key questions connected with such an insurance plan.

Continue reading

Alibaba’s Billionaire Founder Jack Ma Says Companies Forcing Staff to Work Overtime Are ‘Foolish’

He was giving an answer to a debate over the 996 schedule, this means working 9am to 9pm, six days weekly.

This story originally appeared on Business Insider

Alibaba Group founder and billionaire Jack Ma again weighed in on the Chinese tech industry’s gruelling overtime work culture on Sunday, this time around calling enforced extended hours “unsustainable.”

Ma’s comment followed his remarks on Thursday that working overtime is actually a “huge blessing” for young workers who found careers these were focused on.

Continue reading