Dreaming of Owning a Restaurant?
FranchisEssentials
by Paul Segreto
2d ago
If you’ve always dreamed of owning a restaurant but are unsure how to begin, it’s crucial to understand the different paths available: starting a new restaurant from scratch, acquiring an existing establishment, or buying into a franchise. Each route has its unique advantages and challenges. Starting a restaurant from scratch provides creative freedom to design ..read more
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The Solitary Entrepreneur: Forging Ahead When Others Fade Away
FranchisEssentials
by Paul Segreto
4d ago
The path to success for an entrepreneur can often be a solitary one. The quote, “Be willing to walk alone. Many who started with you won’t finish with you,” encapsulates a harsh reality that many business owners face. When embarking on a venture, it’s common to gather a team of like-minded individuals, united by a ..read more
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Why Mental Health Matters to All of Us
FranchisEssentials
by Paul Segreto
5d ago
May is National Mental Health Awareness Month, a time dedicated to focusing on the importance of mental health and well-being. The emphasis on mental health, both individual and collective, is crucial not only for our personal happiness but also for the well-being of those around us — be it in business, family, or our broader ..read more
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A Couple’s Guide to Entrepreneurship (When Only One is the Entrepreneur)
FranchisEssentials
by Paul Segreto
1w ago
Living with an entrepreneur can be both exhilarating and exhausting. The dynamic nature of entrepreneurship means that life can often be unpredictable, filled with highs of success and lows of failure. For the spouses or life partners of entrepreneurs, this can lead to a series of emotional and practical challenges. Understanding and adapting to these ..read more
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Beneath the Surface: The Loneliness of Entrepreneurship
FranchisEssentials
by Paul Segreto
1w ago
Being an entrepreneur is often portrayed as glamorous and exciting, filled with endless opportunities for success and innovation. However, beneath the surface lies a reality that many entrepreneurs grapple with: loneliness. Michael Dermer, the author of “The Lonely Entrepreneur,” sheds light on this aspect of entrepreneurship, emphasizing the isolation that often accompanies the journey of building ..read more
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Restaurant Owners Deserve Recognition in Small Business Week
FranchisEssentials
by Paul Segreto
1w ago
In the competitive landscape of American small businesses, where entrepreneurs are hailed as heroes for their innovation, resilience, and risk-taking, there’s one group that often gets overlooked: restaurant owners. While Small Business Week is an annual celebration of the backbone of the American economy, restaurants and their proprietors seem to be relegated to the sidelines, their contributions ..read more
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Strengthen Your Community: Support Small Business Week
FranchisEssentials
by Paul Segreto
1w ago
Observed from April 28 to May 4, National Small Business Week marks an annual celebration spearheaded by the U.S. Small Business Administration (SBA) for over six decades. This week honors the significant role of America’s entrepreneurs and small business owners in shaping the nation’s economic landscape. As we celebrate this special week, it’s crucial to ..read more
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The Power of Entrepreneurial Spirit: Dream it. Wish it. Do it!
FranchisEssentials
by Paul Segreto
1w ago
What does it truly mean to embark on the entrepreneurial journey armed with nothing but a dream, a wish, and a relentless drive to do ..read more
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Will Franchising Boom in the Wake of Corporate Layoffs?
FranchisEssentials
by Paul Segreto
1w ago
As major corporations continue to announce significant layoffs, a potential boom in franchising emerges as a hot topic. This trend prompts a critical examination of franchising as a viable career alternative for those displaced by the shrinking job market. The Appeal of Franchising Franchising offers a structured business model with substantial support from the franchisor ..read more
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Is it a crazy thought to consider co-branding independent restaurants under one roof?
FranchisEssentials
by Paul Segreto
2w ago
Innovative strategies are constantly explored in the restaurant industry to boost market reach and profitability. One such strategy is the co-branding of two independent restaurants under one roof… is that a crazy thought? Well, it’s a concept inspired by the success seen in several national restaurant chains. This model can offer unique benefits but also ..read more
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