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.
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.
Sometimes “no” is the right answer to a job offer, even when you are a recent graduate living states away from family. A graduate of NYU’s Masters of Social Work program, Leigh was offered the position of Family Assessor Social Worker. Ultimately, Leigh declined the position because she knew that the fit was not right for her.
Innately sweet and raised by a mother who fostered several children, Leigh was able to decline the offer and remain on good terms with her would-be employer. The hiring manager expressed her gratitude and encouraged Leigh to apply in the future for positions that might be a better fit.
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