Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

Advice for Women Business Owners: How to Achieve Success and Sanity

Just imagine yourself as a successful female entrepreneur, running the type of business that keeps you fulfilled in life, while you have the freedom to live your dreams. What does this look like to you? Do you spend your days traveling the world with the love of your life? Do you work remotely from home so you can spend more time with your children while they are still young? Are you setting an example for young women who aspire to reach your level of success someday?

Whatever you envision for your life, owning a business or even teaming up with a franchise can allow you the freedom to accomplish your dreams. Of course, running your own business isn’t easy. Sometimes you must make difficult decisions. Sometimes it can be stressful. Sometimes you find yourself scrambling to pay the bills month-to-month.

If you’re tired of coasting along in your life and you want to finally experience the freedom and success of other businesswomen you look up to and admire, here’s how to get there:

Don’t Be Afraid of Failure.

Arianna Huffington was initially rejected by 36 publishers before launching Huffington Post. Once upon a time, J. K. Rowling was a single mother on welfare who sold the first book in her now popular series for only $4,000 after facing 12 rejections. Iconic fashion designer Vera Wang was overlooked for a top position at Vogue. All of these brilliant women faced rejection, failure, and even humiliation – and bounced back to build successful business empires. You can too.

Stop Saying You’re Fine

“Get out of your own way,” says author Mel Robbins. Robbins is known for coining the “5 Second Rule” which states that it only takes 5 seconds to change your life. She insists that each of us already know deep within ourselves what we need to do to live our dreams. Stop coming up with excuses to stay put, and start taking real action toward your goals.

Prep for Tax Time

Of the list of pitfalls new entrepreneurs encounter, failing to prepare for tax time definitely makes the list. When first starting out, taxes are often the farthest thing from your mind, and if you can’t afford to hire an accountant, taxes can quickly become a nightmare. To streamline the process, keep records accurate and organized throughout the year. If the mere mention of taxes sends you into a confused frenzy, look into using helpful tax software to make the process easier and more foolproof. In the world of entrepreneurship, anything that can make your life easier should be welcomed!

Learn to Overcome Criticism

We all have critics in our lives. That’s not necessarily a bad thing. As a business owner, it is crucial that you learn how to respond to and overcome criticism. Many famous female entrepreneurs and business moguls like Oprah Winfrey and Lucille Ball all experienced critics early in their careers. Of course, they later went on to run some of the most successful businesses and production companies the world has ever seen. Thank goodness they didn’t let their critics get to them!

Choose Your Inner Circle Wisely

Business Insider recommends having a solid inner circle of people who understand and support your vision. Being an entrepreneur is a lot of work, and unfortunately, in the world we currently live in women often face difficult situations and decisions. Having supportive people at your side will only help you in your journey.

Take That Vacation

Unfortunately for businesswomen everywhere, there is a tendency to dedicate long hours to a new business and forgo taking that much needed vacation. However, your brain and body need downtime to recharge and avoid burnout. Leave the stress of work and daily life behind and fly to a fun destination for a couple of days, leaving the work where it belongs – at work. You’ll return with fresh eyes, and set an example for those around you of the importance of a healthy work-life balance.

Revisit your business goals for the year. Pull out your business plan, dust it off, and see if your current efforts are aligned with your vision. If not, make any necessary strategy tweaks and then start immediately taking action to get back on track. With a bit of brainstorming, intention-setting, and action-taking, you can achieve business success and live the life you truly want from your new position as Woman of the Year.

Guest post contributed by Gloria Martinez

5 Traps for the Unwary Prospective Franchisee

When evaluating a potential franchise opportunity, prospective franchisees need to take care to put the hype and their emotions in check, and carefully consider all factors relevant to their buying decision. After all, the franchise will be a 5- to 10-year relationship (at minimum, under most franchise agreements), so it is well worth the investment to put in some research and analysis before taking the leap.

It's #NationalPizzaDay! Here's a little bit on the Pizza Industry you'd be happy to know.

Happy National Pizza Day to one and all! Happening on February 9th each year, National Pizza Day is a day for all of us to sit back and enjoy that delicious slice of sauce-covered baked good. Pizza Is always good in any form - whether you like your pizza plain as a cheese slice, or overloaded with tons of ingredients.

Advertising and Promotion Watch: McDonald's Monopoly is Back

This month sees the return of a venerated promotional campaign, McDonald’s Monopoly. The promotion first began in 1987, and in the last decade has become an almost yearly tradition. Each year, certain McDonald’s products come with Monopoly game tokens, each with either a space from the Monopoly board or an instant win prize for items such as a small fries. Larger prizes are won by collecting all of a group of Monopoly properties, usually three, but sometimes two (Illinois Avenue, Indiana Avenue and Kentucky Avenue, for example). Each group of properties have one whose piece is much rarer than the others; for most of the groups, it’s the last alphabetically (Kentucky Avenue for the red properties, Ventnor Avenue for the yellow), but for the dark blue, it’s Boardwalk, as it is the last and most expensive property on the board. More recently, McDonalds developed an online counterpart to its in-store Monopoly game in which customers can roll virtual dice, or more recently pick one of three chance cards for various prizes.