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(VIDEO) Small Biz Success Story: Pollo Campero Franchise Restaurant
The U.S. Census Bureau reports that franchises accounted for 10.5 percent of businesses with paid employees—a total of nearly 8 million workers—in 2007 (the most recent year for comprehensive data). For many aspiring small business owners, this can be a very effective way to get into business, as owning a franchise eliminates the need for a “big idea” and comes with the requisite market experience.
Is Crowdfunding to Be Crowdless?
The JOBS Act has the potential to help entrepreneurs finance their small and emerging growth businesses through “crowdfunding,” but only if we get the costs right. In the year since the measure was signed into law, online technology platforms have continued to successfully disrupt the costs of fundraising, necessitating a reevaluation by the Securities and Exchange Commission of some components of the law before completing the regulations.
Big Business for Small Business
I doubt there is an entrepreneur out there who doesn’t feel as though the big guys—the Fortune 1,000 companies—get all the benefits some days. Banks, suppliers, potential employees, all have to be convinced that a small business can and will be around long enough to pay the bills. So, when I meet an entrepreneur whose mission is to save small business owners money, they have my attention.
Jose Li spent years managing shipping as an executive for the Jamba Juice retail chain. His time at Jamba Juice was followed by a six-year stint with FedEx, where he was hired as Principal of Retail and eCommerce. In 2010 he left to launch a technology company designed to save small businesses shipping expenses.
