It’s hard to believe that KFC has been around for almost 70 years, solidly entrenching itself in our cultural psyche and becoming the entry level job for many an American success story. The Colonel has survived all these years through a combination of flexibility, experimentation, and of course, their world-famous greasy fried chicken with 11
Entrepreneurship, is it a game for the young ones? Colonel Sanders didn’t think so. If you’re not familiar with his story, here’s a quick background. He started selling fried chicken at 65 years old and failed multiple times before the world discovered the gem that is KFC. Other distinguished entrepreneurs also started later in their
While the number of hospitalizations due to COVID-19 has declined significantly, health officials are concerned about the new variants that are proliferating in different parts of the world. This causes employees to feel anxious even if they have work-at-home arrangements with the company. Around a year after the pandemic started, many Americans are still experiencing
There are many reasons why businesses fail, whether it is a failing market or even a natural disaster. But a leading issue for many companies is that they face cash flow issues. Money is what makes a business run. If you don’t have the funds to pay off your suppliers and your employees’ salaries, then you
In business, you’ll have to invest your money, time, and effort even before it rises off the ground. You dedicate some time to creating and polishing a business idea, you spend money on the things you’ll need to begin it, and you put effort into all these steps. You will also need to do feasibility
If you want to start a business, there are many things to consider like projecting sales growth, planning to scale, setting goals, and all the other operational stuff. But some foundational things can be overlooked. Establishing your company’s vision and mission is something that is vital from the very beginning. What’s the difference between a
The modern history of Iraq has not been a pretty one: in between a violent revolution that deposed the Hashemite monarchy to the two Gulf Wars, there are entire generations of Iraqis who have yet to experience peace and stability. Despite their struggles, the country marches on, and even with all the violence and the
Just as businesses can earn revenues through several strategies, they can also drain their money in many ways. Some are subtle that you won’t know their impact until they have done considerable financial damage. If you want to increase your sales or cash flow or reduce your expenses (or both), take a look at some
Your employees are the lifeblood of any business. Even for small startups and restaurants, an employee alone can make a considerable difference in what needs to be done. However, almost any type of business will need to expect the unexpected in just about any circumstance. A good portion of the United States has different climates.
Starting a business is a big step. It comes with many decisions to make and a certain amount of money to shell out. Committing grave mistakes on these two aspects can mean disaster. What smart decisions can you incorporate for you not to waste your startup funds? Here are some practical ideas for you. Seek
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The modern history of Iraq has not been a pretty one: in between a violent revolution that deposed the Hashemite monarchy to the two Gulf
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