February 2, 2012 - 8:21am
I’d wager that the first thing that comes to mind when you think of franchising is some type of food franchise. I do too. Most of the food franchises that we tend to think of are almost always in the *fast-casual genre. It’s a huge business sector. If you’re thinking of becoming the owner of a food franchise, I have a way for you to get a leg up on your search for the right one; become a trend-watcher. For example, did you know that some fast casual franchises are serving, “Mini-treats?” Or, that there’s a new type of family demographic that wants some attention?
February 2, 2012 - 7:40am
Are you interested in the restaurant or food service business, but don’t know whether to go the franchise route or start your own business from scratch? The food service industry is the largest and most prominent sector in franchising today, and while not entirely risk-free, it’s often perceived as a safer bet for new business owners. Of course, restaurant franchise ownership isn’t for everyone. Being a franchise owner requires a particular type of personality, solid research, and a willingness to work within the confines of someone else’s entrepreneurial vision.
February 1, 2012 - 7:32pm
Bo Davis was a student at George Washington University when he developed the technology behind Blackboard, an online course manager now used by millions of college students. Three SBA-backed loans later, Davis is now expanding another successful business venture, Wasabi sushi restaurants – and he’s still working with SBA to help him create jobs and expand. When Davis started his company, he didn’t have the deep pockets that competitors had; but SBA was there to help put him on a level playing field with larger competitors.
February 1, 2012 - 1:00pm
Secretary Bryson is in Pittsburgh, Pennsylvania today, where he has a busy day. He started his day meeting the Western Pennsylvania District Export Council (DEC) over breakfast. He shared the President’s outline for ensuring more items are made in America. The President has proposed an end to tax breaks for businesses that outsource, additional tax relief for those that bring jobs back, and lowering the tax rates for manufacturers, especially high-tech manufacturers. DEC members shared with him what they are hearing from their fellow business leaders about the challenges and successes
February 1, 2012 - 7:45am
Starting a business? Confused about whether you need a business license or permit? Virtually every business needs some form of license or permit to operate legally. However, knowing which one you need, however, can be a little tricky. It depends on the type of business you are operating, where it’s located, and what government rules apply.
January 31, 2012 - 3:30pm
Blog post by U.S. Chief Technology Officer Aneesh Chopra and Patrick Gallagher, Under Secretary for Standards and Technology and Director of Commerce's National Institute of Standards and Technology Standards—agreed upon parameters such as the size and shape of electrical outlets, the number of threads per inch on machine bolts, or the tolerances allowed for various medical tests—are critical to American competitiveness, technological innovation, and global trade because they facilitate manufacturing, speed delivery, and enable the
January 31, 2012 - 12:12pm
Today marks the one-year anniversary of Startup America, the initiative launched by the White House to celebrate, inspire, and accelerate high-growth entrepreneurship across America.
January 31, 2012 - 9:21am
When you think of the great inventors, you probably think of people such as Benjamin Franklin, Alexander Graham Bell and even Steve Jobs - people who have brought entirely new concepts to the market. But great ideas and innovations don't have to change the world. Sometimes the best new product opportunities start with small improvements in existing concepts. For example, Pam Moore improved on the standard ice tray after trying to squeeze ice cubes into the narrow openings of sport bottles for her son's soccer games.
January 30, 2012 - 5:05pm
Today the Commerce Department’s Minority Business Development Agency (MBDA) presented a grant to SoCal Corporate Growth Partners for $1.775 million to operate a new MBDA Business Center in Riverside, California. MBDA National Director David Hinson was joined by Riverside Mayor Ron Loveridge and Daniel Sieu, CEO & President of SoCal Corporate Growth Partners to celebrate the opening of the new Riverside MBDA Business Center, which will be operated over five years. This Business Center is a part of a network of 45 centers that operate nationally under the auspices of MBDA
January 30, 2012 - 9:00am
After two years leading the Commerce Department’s U.S. and Foreign Commercial Service (USFCS), Assistant Secretary for Trade Promotion Suresh Kumar announced his decision today to return to the private sector.The USFCS, which is part of Commerce’s International Trade Administration, is a global network of trade specialists with offices across America and in more than 70 countries around the world. The organization’s job is to help connect U.S.