Rock stars have more in common with business leaders than some may think, and they can serve as valuable models. They show that optimal performance requires exceptional dedication to practice and a tremendous thirst for learning.
Despite a trend toward healthful eating, a new study shows Americans still are fixed on quickservice dining -- especially in tough economic times. The average American spends $500 on quickservice each year, and 20% eat it every other day.
The credit crunch is causing banks and other lenders to be more cautious about lending to franchises, particularly first-time franchisees. "Banks are more comfortable with people who have experience and a track record. But even then they're taking a closer look. To get a loan, franchisees have to be prepared to document their claims of anticipated revenue and income," one franchise broker said.
A struggling economy makes it difficult for teens to find summer jobs. Retailers and restaurants do not need summer help because of a loss of American spending power, and data show the summer job outlook for teenagers is the weakest it has been in more than half a century.