- Front Page
- Biz Tools
The Franchise Owner's most trusted news source
Jefferson King who is also subject to a rather memorable mugshot is accused of exposing himself near the toilets in the fast food chain, according to a Florida police arrest report. A MUM of five made A 1.5million running a high class escort agency while claiming A 117,000 in benefits and tax credits.
McDonald's investors have long enjoyed tremendous returns, thanks to billions and billions of burgers served across the United States and the world. But the growth that once came easy for this fast food pioneer is now officially hard to come by.
The face of small business is changing yet again in the U.S.
There are an estimated three million Latino-owned businesses in America today. Together they generate an estimated $500 billion in sales each year.
Small business credit expert and Biz2Credit CEO Rohit Arora explains:
“Latino-owned businesses are growing by leaps and bounds in record numbers and instilling vibrancy into local economies, yet they face many challenges in securing capital. During the past decade, Latino-owned companies have increased substantially and have become one of the fastest growing sectors of the U.S. economy. However, it is not easy to be your own boss.”Latino Entrepreneurs Need Guidance
Latino entrepreneurs need answers when navigating the sometimes turbulent waters of small business ownership. So, Biz2Credit, an online marketplace for small business funding, has created The Changing Face of Small Business Ownership; Latino Entrepreneurs on the Rise. The free webinar will happen Wed., Oct. 7, 2015, starting at 3 p.m. EDT.
“Research has shown that it has been particularly difficult for Latino-owned and women-owned companies to secure capital to expand their firms. The goal of this webinar is to provide information and guidance to help Latino entrepreneurs get the funding they need to grow.”
The free webinar pulls together experts in small business lending and leadership to answer tough questions facing many entrepreneurs in running their businesses.
Participants will hear from a panel including Small Business Trends founder and CEO Anita Campbell, entrepreneur Rafael Cuellar, Paychex Multicultural Marketing Manager Antonio Lizano and Arora.
Topics covered will include:
The webinar will include a downloadable version of the presentation for all participants. It will also feature an opportunity after the main session for participants to get some of their questions answered.Helping Latino Entrepreneurs is Vital
Addressing the problems and concerns of Latino-owned business is critical, Biz2Credit insists. Not only are these businesses, many of them also woman owned, already a force to be reckoned with. Their number in the U.S. is expected to double in the next five years.
All of this is good news against the backdrop of a steadily declining small business base. It is an epidemic of small business closings some are calling the worst in history.
So, how do the members of this burgeoning new group of Latino entrepreneurs avoid letting their own ventures become just another casualty?Advice for Small Business Survival
Here are some suggestions for keeping your business strong even in tough times when others are struggling:
For more advice on obtaining funds and keeping your business healthy, don’t forget to catch the free Webinar. More details are below.Join the Webinar
Who: Anita Campbell, moderator, founder and CEO of Small Business Trends; Rafael Cuellar, speaker and entrepreneur; Rohit Arora, speaker and CEO at Biz2Credit; Antonio Lizano, speaker and Multicultural Marketing Manager at Paychex
What: The Changing Face of Small Business Ownership; Latino Entrepreneurs on the Rise
Where: Webinar Signup
When: Wed., Oct. 7, 2015, starting at 3 p.m. EDT
This article, "Latino Entrepreneurs, Attend this Free Webinar from Biz2Credit" was first published on Small Business Trends
Michael was fixing up a great sandwich to take while on the go, rather than eat fast food. Daphne helped by making the sauce for the delicious-looking sandwich.
Financial transparency can be a tricky issue for small businesses.
You may be tempted to keep the majority of your financial information on a need-to-know basis among only your top leadership team. But there can be benefits to sharing this type of information with your team, especially for small, early-stage businesses.
“Todd and I founded Okta in 2009, and back then we were incredibly open with our numbers. We discussed share count with prospective employees to get them invested (pun intended) and we sent emails with specifics every time a sale closed. Sharing our numbers was an easy way to bring our early hires into the inner circle and help them feel confident about our direction. Being transparent about our finances built trust among our small team; it gave employees a sense of ownership and responsibility.”
By sharing this type of information, you’re basically showing your team members how important they are to your operation. You’re showing them that you trust and count on them enough to keep them informed about important and sensitive company information.
This may motivate them to work even harder toward your company’s objectives, especially if they are officially invested in the company. And it can even improve your company’s overall reputation.
Especially if you are relying on investors to fund your business early on, you should at least be comfortable sharing this type of information. And treating your employees and others with the same respect as you would a potential investor can only help your cause.
As your company grows, this may change, especially if you are considering going public at any point. Kerrest recommends gradually shifting away from relying on sharing financial info to make your employees feel included. This can help you avoid an all-at-once shift from being completely open with your team to letting them learn your numbers at the same time as the general public.
But you still need to keep employees in the loop on other aspects of your business, especially if sharing those financials isn’t an option. Treating your employees as important members of your team rather than just replaceable workers can have an impact on many areas of your business. And especially early on, it may even have an impact on your bottom line.
Glasses Photo via Shutterstock
This article, "When Financial Transparency Helps or Hurts Your Business" was first published on Small Business Trends