The franchise model can allow business founders to expand their concepts while limiting their capital investments, reducing risk and promoting rapid growth, writes Mark Siebert, CEO of iFranchise Group. "Franchising allows companies to compete with much larger businesses and saturate markets before their competitors can respond," he writes.
Only 13% of seniors have prepared financially for long-term care, according to a survey by Home Instead. Three-quarters of seniors say they would prefer to plan for their funerals rather than to plan for the final years of their lives.
IFA and other groups are pushing for the inclusion of a provision in a government funding package that would resolve the joint-employer issue. The politics can be difficult to navigate for some Democrats, but "there are a lot of Democratic senators that see the merit on the policy of the issue," said IFA's Matt Haller.
The Trump administration has already succeeded in rolling back various Obama-era regulations, and this should continue with an effort to reverse the expanded joint-employer definition, writes Rep. Ron Estes, R-Kan. "Congress must act and tell the [National Labor Relations Board] it can't change established precedent through regulation without congressional approval," he writes.
Luck, which can be defined as "what happens when you make bad or mediocre decisions but end up with a great outcome," is too often overlooked by investors, writes Morgan Housel. People often repeat actions that led to lucky breaks in the past, and they do so with "a blunted ability to respond to negative feedback," Housel writes.
Lyft CEO Logan Green noted the company's interest in a subscription-based model during a recent press event, and the ride-hailing startup is already testing this approach. The terms seem to vary, but users are generally offered a set amount of rides for a monthly fee worth a few hundred dollars.
Too many would-be entrepreneurs overlook the need for extensive planning, which can lead to the eventual failure of their startup ambitions. Entrepreneurs must make an honest assessment of their own abilities, study the industry and identify a target audience.
Writing neutral job descriptions and anonymizing resumes can help you diversify your startup, writes Serenity Gibbons, a local unit leader with the NAACP. Make sure everyone on your team is engaged with the push to diversify, and start a conversation about the issue.
Some startups develop and mature for several years before raising venture capital, an analysis shows. In some cases, these late bloomers undergo pivots, or operate in industries that only recently attracted attention from investors.
An analysis of fundraising activity in the South shows that Washington, D.C., ranks first in both deal volume and dollars raised. The South Atlantic sub-region has accounted for a growing share of venture deals, but deal volume in the South as a whole has declined from 2014.