November 30, 2020Time Value of Money: How much is your time worth?
Introduction to the concept: Time Value of Money A very old proverb says, ‘A bird in hand is worth two in the bush.’ Some people might believe it to be absolutely correct, and maybe when this proverb was first coined, it even might have been the case. And while the tables might not have turned...
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November 27, 2020Stories from Franchise Land: The KFC Story
Ever wondered about the journey of the most enticing KFC chicken that tempts us with fetishes of planning the next visit? The world’s most popular American chicken chain has its antecedents in Kentucky and could be traced back to the period of the Great Depression. Origin and Evolution: The “Kentucky Fried Chicken” Corporation based in...
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November 22, 2020Three Lesser-Known Tea Franchises to not Miss out on
Tea is the most consumed beverage of the world, second only to water. So timeless is this classic beverage, that the Chinese say that it has been around for close to 4000 years. While the legend goes that the Emperor Shen Nong (2737 BC) once drank hot water that was accidentally infused with tea leaves,...
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November 17, 2020Three Lesser-known Coffee Franchises to Look Out For
Three Lesser-known Coffee Franchises to Look Out For One fine day about 1200 years back, a group of shepherds noticed that some of their goats were acting weird all of a sudden. Some goats among the herd appeared to dance and jump as they moved around. It looked like they were full of energy, or...
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November 12, 2020Mikel Coffee Company: a Coffee that the Old Gods praise.
The year was 2008. In the peaceful city of Larissa, people went about their businesses in a comfortable manner. As far as an average onlooker was concerned, it was business as usual. And yet, the serene, mild Greek weather was in stark contrast with the storm raging within a man who was about to change...
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November 7, 2020A Franchisor’s Guide to Mikel Coffee Company
Name of the Company: Mikel Coffee Company Brand Name: Mikel Year Established: 2008 Country of Origin: Greece Franchise Category: Food and Beverage Brand Description: Branded Coffee Chain Description: High quality artisan roasting and brewing of coffee beverages and an extensive food line-up. Business Summary Mikel Coffee Company is a high-quality artisan roasting and brewing of...
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November 2, 2020Stories from Franchise Land – The Dunkin’ Donuts Story
A little boy’s great entrepreneurial skill was the original foundation for Dunkin’ donuts; America’s biggest multinational coffee and doughnut company. The story of Dunkin’ Donuts, like most of the other food giants, begins with a small restaurant named Open Kettle. Opened by William Rosenberg in 1948, in Quincy, Massachusetts, Dunkin’ Donuts is one of the...
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October 28, 202010 Best TV Shows and Movies to Fuel your Inner Entrepreneur
10 Best TV Shows and Movies to Fuel your Inner Entrepreneur The ‘Goodfellas’. The ‘Money People’. The ‘Hotshots’. Based on what cinema has portrayed, a career in the financial sector surely seems lucrative. It is, however, a gritty and laborious field. It is a goddess who can be very, very rewarding, or extremely harsh. Even...
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October 23, 2020Stories from Franchise Land – The Subway story
A guy named Fred Deluca, looking for some funds to get through his medical tuition fees, borrowed $1000 from a friend named Peter Buck to open a sandwich shop in Bridgeport, Connecticut, in the year 1965. The name of that shop was Pete’s super submarine, and a year later, there was a holding company formed...
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October 22, 2020What’s in a Name : The power of brand value in franchises
In a world where businesses come up like mushrooms, the primary asset of any future franchisor is their brand value. A customer’s decisions hang on the brand’s recognition and awareness, where they would like to spend their disposable income. For a brand, owners and the local franchise runners aren’t the brands but the product’s quality...
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