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Iced
Coffee is Hot! |
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Iced
coffee seems to be gaining tremendous popularity as the summer
months bring on the heat. And according to data from NPD Group's
Consumer Reports on Eating Share Trends (CREST), servings of iced
and frozen coffee drinks have shown a 20 percent increase during the
first months of 2009 over the same time period last year.
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MORE.
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Purpose Driven:
John Hotchkiss, 33 and Franchising for Two Decades |
John Hotchkiss was born in Pontiac, Mich., and
grew up in San Antonio, Texas. But he likes to say he "was born"
into franchising. "I started working in our stores when I was 9
years old and really enjoyed it. I learned in high school that it
was a good business to own when I came home exhausted from a crazy,
busy night at one of our stores and my dad was relaxing and reading
a book on the back porch," he recalls. "He had 700-plus employees
working hard that night making him money.
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A Business
Owner Estate Plan is Key to a Successful Transition |
Sam had developed and owned a successful
retail operation during his business career. He also tried to be
diligent by having what he thought was a sound estate plan
executed before he died. He and his wife Sally felt they had
everything taken care of. So when Sam died unexpectedly, Sally
was dismayed to see the vehement dispute that developed between
her two sons as to who would operate the company going forward.
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Profit
Mastery: What's the Real Cost of an Employee? |
Can I afford to hire (or keep) that new
manager - or salesperson?" "What do I need to do in sales to
cover their full cost?" What do these questions have in
common? Each relates to how changes in costs, volume, and
pricing affect your bottom line. By the end of this article,
you'll have a single analysis model to help you answer these
questions more accurately than ever before.
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