Taco Bell has formed deals to add more than 100 restaurants in Australia and New Zealand and 600 locations in India as part of its push to reach 1,000 international units by 2022. "Taco Bell really is perfect for the Indian market because our menu has so much flexibility to go veg or non-veg," said Taco Bell International's Liz Williams.
The National Restaurant Association Show was buzzing with tech innovations, from Eatsa's digital meal pickup stations to the Ripples machine that can print custom images on coffee or cocktails. Self-serve kiosk company Zivelo announced during the show that it will partner with Mastercard to test voice ordering and artificial intelligence-enabled menu boards at Sonic Drive-in restaurants later this year.
A new partnership will allow US tourists to get assistance in Austria at the country's 194 McDonald's locations. "[S]taff will assist [travelers] in making contact with the US Embassy for consular services (eg report a lost or stolen passport, or seek travel assistance)," wrote the US Embassy in Vienna.
To appeal to investors, be sure to address potential legal issues, have a solid business plan and implement a comprehensive accounting system, writes Howard Goldstein, CEO of Priceless Funding Group. "One of the biggest turnoffs for investors is a franchisee -- or any business, for that matter -- whose finances don't make sense, even when the franchisor is a well-known, profit-making brand," he writes.
The co-working startup Canopy recently raised a strategic financing round and has added a third San Francisco location to its portfolio. The company says it has already achieved profitability and signed on 300 members.
Trying to partner with massive businesses such as AT&T and Verizon is a difficult proposition for a startup, says Charles Morgan, who spent decades building Acxiom Corp. and later took the reins at First Orion. Eventually, however, First Orion did find an entry point with T-Mobile.
Certain companies put their product at the center of everything they do and use it as a key tool in addressing business challenges. Some of these businesses put a dedicated growth team in place, while others assume that every employee is responsible for growth, writes Hiten Shah.
Failure is often portrayed as a steppingstone to success, but a certain mindset is needed to learn from these setbacks, writes Omer Khan, CEO and co-founder of VividTech. It's important to put your ego aside and be clear about the value your business can provide, he notes.
Effective social selling requires companies to use relevant hashtags and share valuable content as they interact with prospects, writes Martin Jones. For best results, plan content ahead of time to ensure consistent output on social media platforms and track results to see what's working, Jones writes.