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Promoting current employees to franchisee status and providing in-depth advancement programs can help foster loyalty, motivation and long-term franchising success. Prospective franchisees — especially those chosen from within — possess institutional knowledge and tend to seamlessly transition into franchise ownership. Promoting and training from within also empowers individuals, creates a sense of ownership and strengthens
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Over the past year, we’ve witnessed generative AI‘s potential to make our lives a lot easier, saving us time on quite a range of activities, from the relatively simple task of locating well-regarded restaurants in a new city to more complex feats, like drafting a tailored resume and cover letter. Now, with the arrival of
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This article originally appeared on Business Insider. Even though inflation is still higher than ideal, many things are actually getting cheaper. But perhaps not the ones most Americans want. The prices of durable goods, meaning long-lasting items such as used cars or appliances, have fallen year-over-year for each of the last five months. Per data
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Taylor Swift is in her Person of the Year era. TIME just gave the 33-year-old superstar the coveted title for 2023, capping off a milestone year Swift calls “the breakthrough moment of her career.” Swift’s narrative has captured the public’s attention like no other, according to the outlet. And while there’s no doubt the singer-songwriter
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Opinions expressed by Entrepreneur contributors are their own. For all the reports of loneliness and isolation experienced during the pandemic, it’s no secret that a significant portion of the workforce became habituated to working from home. Many found the increased time autonomy, the lack of commute and the flexibility refreshing, if not freeing. Well, the
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Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Every moment counts for small- and medium-size businesses, so having a reliable and comprehensive business-building platform can make
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In a linguistic embrace of Internet culture, Oxford University Press has declared “rizz” the Word of the Year for 2023. The term, which is taken from the word “charisma” and speaks to style, charm, or the magnetic draw one might have in romantic contexts, has seen a meteoric rise thanks to its widespread adoption by
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When Adam Williams, now founder and president of MagicSnow, moved to Los Angeles in 2000, running a snowfall-special-effects company wasn’t on his bucket list. He’d come to the city to launch his career as a magician, and he took a step in that direction by pitching a Christmas-themed magic show to The Grove, one of
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Your credit history sums up all the information in your credit report. This information includes balances due, credit accounts, and payment history details. Your credit report also contains information on overdue debt, foreclosures, bankruptcies, judgments, and liens. Three reporting agencies—TransUnion, Experian, and Equifax—compile and update your data regularly. Each time you apply for a line
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Ben Angel, bestselling author of Unstoppable (Entrepreneur Press® 2018), CLICK, Sleeping Your Way to The Top in Business, and Flee 9-5, is Australia’s leading marketing authority. Founder of benangel.co, a site dedicated to providing entrepreneurs advanced online marketing courses and education, Ben provides easy-to-apply and even easier-to-understand strategies for reaching new customers with ease.
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Opinions expressed by Entrepreneur contributors are their own. Despite massive investments of management time and money, customer satisfaction remains a frustrating pursuit in many organizations. Customer experience initiatives frequently fail, and successful teams have a hard time sustaining their performance. Why is it so hard to build and maintain the capacity to deliver an unforgettable
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One of the music world‘s most legendary partnerships is facing off in a Nashville courthouse. Daryl Hall and John Oates, whose hits like “Rich Girl” and “Maneater” defined a generation, are embroiled in a legal struggle over Oates’ decision to sell his share in Whole Oats Enterprises LLP, per unsealed court documents reported by The
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There are very few things you can create once and then sell thousands of times over. Most businesses aren’t a fish and loaves situation. But then, Lisa Fink is an evangelist of sorts. Only she’s not promising miracles. Six years after starting a fully remote side hustle — one she was dubious would make even
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Colorado could be the next state to pass a landmark law outlawing weight discrimination, or “fatphobia.” The anticipated legislation, which prohibits discrimination based on weight in housing and the workplace, is expected to come into effect in 2024, per NewsNation. Related: These Are the Most (And Least) Happy States in the U.S. 2023, According to
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Opinions expressed by Entrepreneur contributors are their own. Geopolitical uncertainties continue to hit organizations hard, regardless of whether they are military, economic, technological, environmental or biological in nature. These upheavals throw everything from global trade and supply chains to the employee experience into chaos. Moreover, some upheavals happen practically overnight, leaving organizations scrambling to respond,
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Opinions expressed by Entrepreneur contributors are their own. Imagine this: 20+ franchise locations thriving with just your part-time involvement. Sound like a dream? Let me tell you how I do it using the power of people — what I call “STIC People“. Franchise ownership comes with various models, but one standout is semi-absentee. The allure?
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Apple Inc. is eyeing an end to its ambitious financial services collaboration with Goldman Sachs. The company reportedly submitted a proposal to terminate the credit card and savings account partnership within a year to 15 months, potentially ending one of the most prominent alliances between a technology firm and a banking institution, per CNBC. Related:
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Opinions expressed by Entrepreneur contributors are their own. In the new book, Start Your Own Airbnb Business, author Jason R. Rich breaks down all of the money-making possibilities with short-term rentals. In this excerpt, he explains “rental arbitrage.” Buy now: Entrepreneur Bookstore | Amazon | Barnes & Noble Instead of purchasing or financing real estate
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