The Franchise Owner's most trusted news source

Log In / Register | Mar 17, 2018

Civicom Brings Latest Global Solutions for Market Researchers to...

PR Web - Mon, 2018-03-12 03:30

Global Marketing Research Services provider Civicom is an exhibitor at the Insight Show on March 7-8, 2018 at Olympia Central in London. Civicom will be showcasing its latest offerings from a wide...

(PRWeb March 01, 2018)

Read the full story at

Mitsubishi, Ford, Kia among winners as Russia sales rise 25%

AutoNews - Mon, 2018-03-12 01:01
Russian new-car sales rose 25 percent in February. Mitsubishi saw the biggest gain with sales soaring 97 percent, while Ford sales jumped 50 percent.
Categories: Latest News

Toyota's C-HR still playing catch-up

AutoNews - Mon, 2018-03-12 01:01
Toyota had high hopes for the stylish C-HR subcompact crossover, but the experience in the U.S. has shown that looks are only skin deep.
Categories: Latest News

Hinrich Woebcken hatches plan to Americanize VW brand

AutoNews - Mon, 2018-03-12 01:01
Forty years ago, Volkswagen Group of America's Hinrich Woebcken spent a year as a high school exchange student in New York. Now he's drawing on that past in the latest effort to fashion the company as American -- at least in spirit.
Categories: Latest News

Inventories on steady ground as March starts

AutoNews - Mon, 2018-03-12 01:01
Inventories of unsold new cars and light trucks were steady at the start of March vs. last year, while the balance between cars and trucks improved.
Categories: Latest News

Mercedes-Benz pushing CPO sales

AutoNews - Mon, 2018-03-12 01:01
As the number of vehicles coming off lease rises, Mercedes is incentivizing dealerships and consumers to push certified preowned sales.
Categories: Latest News

Acclaimed 2018 Accords sit on the lot

AutoNews - Mon, 2018-03-12 01:01
Some dealers say the redesigned Accord is Honda's most impressive car to date, but they're struggling to sell it #8212; and some have resorted to turning down shipments.
Categories: Latest News

New Cadillac CMO comes full circle

AutoNews - Mon, 2018-03-12 01:01
Deborah Wahl's appointment as Cadillac's new global chief marketing officer puts her in an exclusive group of executives to complete the Detroit 3 trifecta.
Categories: Latest News

Volvo electric brand Polestar aims for smooth production rollout

AutoNews - Mon, 2018-03-12 01:01
Satisfying its first customers will be crucial for the new Volvo electrified performance brand, Polestar.
Categories: Latest News

Hydrogen semi maker Nikola to build assembly plant

AutoNews - Mon, 2018-03-12 01:01
Nikola Motor Co. intends to build a 1-million-square-foot assembly plant in Buckeye, Ariz. to manufacture zero-emission hydrogen-electric semitrucks by the end of 2019.
Categories: Latest News

Lawyers and Law Firms Not Seeing the Benefits of Federal Tax Cuts

Small Business Trends - Sun, 2018-03-11 18:00

Law firms aren’t jumping for joy in the same way many other small businesses are because of the recent passage of a new tax bill. The Tax Cuts and Jobs Act includes plenty of deductions and changes that could benefit small businesses in various industries. But it also imposes some new limits on deductions that may be especially relevant for law firms.

For example, the 20 percent deduction for qualified income can certainly help pass-through entities like those structured as partnerships, S corporations, or certain LLCs. And law firms often do fall into this category. However, this deduction is limited based on income. So the typical salary level for lawyers could negate any potential benefits businesses can gain from this deduction.

Tax Cuts and Jobs Act Impact on Lawyers Limited

Evan S. Morgan, director of tax services in the Miami office of accounting firm Kaufman Rossin explained in an email interview with Small Business Trends, “This deduction is limited for lawyers and other professionals who make over $157,500 (single filer) or $315,000 filing jointly. For individuals with more than $207,500 for individuals and $415,000 for joint filers, the qualified business income deduction starts to phase out.”

There are also a few other limits or changes to the rules that could impact some common deductions for law firms. For example, business entertainment was previously available as a 50 percent deduction. But now any entertainment that would distract from business discussions can no longer be considered a business expense. So lawyers would not be able to take clients to the theater, but could still deduct some business dinners.

Additionally, businesses are now able to deduct only 50 percent of meals provided in the office to employees. And there are also immediate limits on interest expense deductions. Both of these changes apply to all businesses, but they happen to be especially relevant to law firms, according to Morgan.

The changes might seem small but for law firms courting new clients and regularly providing meals to keep employees productive throughout the day, those little things can add up. It can also make it necessary for those business owners to make some changes to their bookkeeping and expense tracking systems.

Morgan explains, “When the 50 percent limitations on meals and entertainment was first enacted in the 1980s, many companies were in the habit of lumping together all their travel-related expenses in a single account, making it difficult to determine which expenses were only partially deductible. With this new change related to business entertainment and meals, firms will need to require employees and partners taking clients to events to separate the cost of admission from the cost of meals purchased at the venue.”

As with many other types of businesses, the exact impact of the new tax bill will take some time to decipher. However, the small details like the ones Morgan has outlined can add up to be a big deal for certain types of businesses. So if your business is only looking at the major pass-through deductions and tax bracket shifts, it may be worth taking a closer look at some of the finer points.

Photo via Shutterstock

This article, "Lawyers and Law Firms Not Seeing the Benefits of Federal Tax Cuts" was first published on Small Business Trends

Fall in Love with Having your Spouse as a Business Partner, 10 Tips from a Successful Couple

Small Business Trends - Sun, 2018-03-11 15:30

Fabiola and Simon Hesslein didn’t plan on starting a business together when they got married in 2005. But when the recession impacted their careers in the entertainment industry in 2008, they were forced to get creative to make ends meet.

Tips for Running a Small Business With Your Spouse

Running a small business as a couple includes some challenges. But the Hessleins have been able to build a successful event entertainment business, Tryon Entertainment. Fabiola Hesslein recently shared some tips and insights about running a business as a couple in a phone interview with Small Business Trends. Here are some of the most important tips for other couples looking to build successful businesses together.

Find Something You’re Both Passionate About

The Hessleins both worked in the entertainment industry before going into business together, which really helped them narrow down a business idea that fit both of their strengths. And Fabiola believes that their passion for music, dance, acting, and the concepts they use every day have helped them build a business that’s actually sustainable.

Share Your Vision

But it’s not enough to just have a general idea for an industry you’re both passionate. You also have to create overarching goals for your business and make sure you’re both on the same page in terms of your vision.

Learn Each Other’s Strengths and Weaknesses

Every business owner has their own strengths and weaknesses. And being honest about those things, both with yourself and your partner, is essential for identifying roles and tasks. This is something that the Hessleins had to learn about each other over time, since they started their business sort of on the fly.

Fabiola says, “I think if you’re able to be really honest with each other about your personal strengths and weaknesses right away, it helps you create roles and processes that work best for the business and for both of you personally.”

Outline Specific Roles

When you know your strengths and weaknesses, you can figure out what roles and tasks are best suited for each of you. For example, if one of you is creative and the other is more practical, you would probably have the latter handle the bookkeeping, while the former could work on innovative new marketing tactics.

Fabiola says, “I did study business in school, so there were a lot of parts of running the business early on where I kind of took the lead.”

Focus on Work Life Balance

Of course, one of the major challenges for a couple running a business together is bringing work home. The Hessleins still do this, according to Fabiola. But they have gotten better at separating the two over time.

She says, “At the beginning, you’re so excited about every single idea that you want to talk about the business all the time. But we’ve definitely made a point more recently to focus on work life balance and really make it a priority.”

Create a System for Sharing Ideas

For that reason, it can be a good idea to have set times or a system for brainstorming and sharing new ideas. You could set up weekly brainstorming sessions, have a notebook or Google Doc where you collaborate, or even discuss ideas each day at breakfast, leaving dinner time for work-free conversations.

Keep Personal Issues Out of Work

Just as it can be difficult to keep work out of home, it can sometimes be difficult to keep home out of work when you’re running a business with your spouse. But Fabiola says it’s essential to settle any small issues or disputes as best you can before you get to the office each day, so as not to let it affect your work and the rest of your team.

Have a Signal to Keep Things Light

In fact, she suggests even having a sort of signal or joke that you can use with the other person as a reminder to keep things light and happy.

She says, “It can be something small like a code word or silly face just to turn the situation around and keep it light for now. You can always talk about whatever it is later when you’ve left the office.”

Surround Yourself With Team Members You Trust

By that token, it’s also a good idea to surround yourself with team members you really trust and who fit in with your personalities. This is important in any business, but especially important for a family business where work and personal lives can sometimes overlap.

Re-evaluate Goals Regularly

Finally, make sure that those goals you set at the beginning are still what you both want over time. As your business grows, those goals can change and evolve. So you need to have annual or semi-annual meetings where you re-evaluate and make sure you’re still in agreement.

Fabiola says, “Go back to those original goals you set every so often, just to make sure you’re both still on the same page. If anything has changed over time, it’s important that you really hash it out and figure out a vision that you both agree on going forward.”

Photo via Shutterstock

This article, "Fall in Love with Having your Spouse as a Business Partner, 10 Tips from a Successful Couple" was first published on Small Business Trends

Inside the KFC location that has an all-you-can-eat buffet

Topix - Sun, 2018-03-11 14:48

Sounds like the beginning of the end -- Kentucky Fried Chicken locations with all-you-can-eat buffet options? Where do I sign up? The tip came in by way of a franticly excited friend of mine who spotted the unicorn-of-a-fastfood-specimen on a recent drive through the city of Banning, a town residing in the Southern California county of Riverside. While this isn't the only KFC in the world with a reported all-you-can-eat buffet, it's the first time I've been privy to it.

Categories: Today's Food News

Salmon-Only Fast Food Chain to Open in ChinaFood & Wine

Topix - Sun, 2018-03-11 10:21

McDonald's is testing out a Quarter Pounder with fresh beef . Vegan Beyond Burgers have hit the menu at TGI Friday's .

Categories: Today's Food News

"Flippy," the Fast Food Robot, Turned Off for Being Too Slow

Topix - Sun, 2018-03-11 05:40

Despite its potential for churning out 150 burgers per hour , Flippy couldn't keep up with demand on its first day at Cali Burger: word quickly spread about the robot, resulting in a flood of customers. The company is putting some of the blame on its employees, who reportedly failed to prepare the patties and toppings quick enough.

Categories: Today's Food News

Pieology Pizzeria Opens First Location in the Hawkeye State

PR Web - Sun, 2018-03-11 04:00

Award-Winning Franchise Brings Hand-Crafted Pizzas to Clive Residents

(PRWeb March 01, 2018)

Read the full story at


Topix - Sun, 2018-03-11 01:15

The American breakfast biscuit sandwich renaissance is here, with more and more chains embracing the typically Southern breakfast meal. Even national chains like McDonald's, Wendy's, and Burger King are offering them across the country.

Categories: Today's Food News

McDonald's slammed for Women's Day stunt

Topix - Sat, 2018-03-10 20:50

On the go and no time to finish that story right now? Your News is the place for you to save content to read later from any device. Register with us and content you save will appear here so you can access them to read later.

Categories: Today's Food News

All the Fast Food Chains and Grocery Stores Where Couples Have Said 'I Do'

Topix - Sat, 2018-03-10 16:18

The diner chain hosted their first wedding for Nancy Levandowski and Steven Keller back in 2013. The couple said "I do" at Denny's in-house wedding chapel inside their flagship location in Las Vegas.

Categories: Today's Food News

Franchise Business Expo in the Bay Area Reveals New Opportunities

Small Business Trends - Sat, 2018-03-10 14:30

If you’re considering a franchise business in the San Francisco Bay Area, there’s an event for you coming up at the end of this month. Don’t miss out on the FranNet Franchise Business Expo on the 27th, where entrepreneurs can meet franchise company looking to expand in that area.

If you’re not going to be in the Bay Area at that time, there are plenty of other opportunities to get out of your office and meet with other entrepreneurs and explore more business opportunities. Check out this week’s featured business events.

To see a full list or to submit your own event, contest or award listing, visit the Small Business Events Calendar.

Featured Events, Contests and Awards

WEBINAR: “Make it Rain Money: Close Deals Faster and Speed Up Collections”
March 13, 2018, Online

Would you like to bring revenue in the door faster? Do you want every edge possible to get paid fast? Register today for this webinar to learn how other small businesses are eliminating their pain points in the contract and invoicing process, through use of electronic signature and invoicing apps. Walk away with concrete tips for how to get contracts signed and invoices paid faster. Plus, get access to DocuSign whitepapers with actionable ideas for how to improve YOUR company’s systems. Register today!

Spring 2018 Franchise Business Expo. Meet with Top Franchisors!
March 27, 2018, Lafayette, CA

Don’t miss an exclusive opportunity meet face to face with select franchisors expanding in the SF Bay Area. The first 50 attendees will receive a free copy of E-Myth Revisited. All attendees will be entered into a drawing for a chance to win an iPad!

Entrepreneurs Cruise 2018
April 22, 2018, Orlando, FL

Are you an Entrepreneur and need to get away and take a break? Ready to recharge, rejuvenate in new surroundings and be inspired by other like minds? Then, you can’t miss the 4th annual Entrepreneurs Cruise! Entrepreneurs Cruise 2018 takes place April 22nd to 29th, 2018 onboard the Royal Caribbean ‘Oasis of the Seas’ Cruise Ship departing Orlando (Port Canaveral), Florida, sailing to Philipsburg (St. Maarten), San Juan (Puerto Rico), Labadee (Haiti). Register today!

DigiMarCon East 2018 – Digital Marketing Conference
May 10, 2018, New York City

DigiMarCon East 2018 Digital Marketing Conference takes place May 10th to 11th, 2018 at the luxurious New York Marriott Marquis in Times Square, New York City.
It’s the one digital marketing event you can’t afford to miss! Whether your goal is to reinforce customer loyalty, improve lead generation, increase sales, or drive stronger consumer engagement, DigiMarCon East 2018’s agenda will help attendees enhance their marketing efforts. Sessions will focus on building traffic, expanding brand awareness, improving customer service and gaining insight into today’s latest digital tools. Register today!

TECHSPO Houston 2018
June 6, 2018, Houston, TX

TECHSPO Houston 2018 is a 2-day technology expo which takes place JUNE 6 – 7, 2018 at the luxurious Houston Marriott Eaton Centre Hotel in Houston, Ontario. TECHSPO Houston brings together developers, brands, marketers, technology providers, designers, innovators and evangelists looking to set the pace in our advanced world of technology. TECHSPO Houston 2018 promises to be better than ever and we’re excited to see all the amazing tech companies and talent that will join us. Register today!

Growth & Success Con
September 17, 2018, Online

This small business virtual conference is dedicated to supporting entrepreneurs at all stages who are stuck in the daily grind of building their businesses and struggle to get solid advice and guidance. An amazing panel of experts in various disciplines and business coaches will share tips & tricks on topics including Growth, Marketing, Management & Business Building for Success. Register today!

More Events More Contests

This weekly listing of small business events, contests and awards is provided as a community service by Small Business Trends and SmallBizTechnology.

Photo via Shutterstock

This article, "Franchise Business Expo in the Bay Area Reveals New Opportunities" was first published on Small Business Trends