Crowdfunding is hot right now, but is it right for you? Learn crowdfunding’s pros and cons in this revealing interview with Evan Cohen, a top executive of Indiegogo. Immigrant Business: Indiegogo has become one the of the top three crowdfunding sites on the web in a few short years. How did it get started? Cohen. Basically, our three […]
Hard work, common sense and a commitment to customer service can build tremendous value in a company – and potentially lead to a very big payoff. Overview Ten years ago, two brothers from South Africa came to America looking to make it in the music business. After studying at Boston’s fabled Berklee College of Music, Gary […]
Loans and investments from your biggest fans can be easy to get, but make sure they don’t damage your relationships. It’s not surprising that one of the first places many immigrant entrepreneurs turn for small-business financing help is to friends and family. The folks who know you well may be willing to give you a […]
Statistics/ Name: Nestlé® Toll House® Café by Chip®/Founded: 2000/ Franchise Fee: $30,000/ Royalty Fee: 6 % /Total Investment: $154,300 –$475,300/ Required Net Worth: $300,000/Liquid Capital:$100,000/ Nestlé® Toll House® Café by Chip® got started in 2000 when an immigrant entrepreneur from Lebanon named Ziad “Zack” Dalal, who had already launched and sold a successful bakery franchise, got an idea for extending […]
Millionaire Immigrant entrepreneurs from India pass down their entrepreneurial spirit to their children who , like their parents, are using franchising to add to the family’s wealth Overview When the Patel family left India for America in 1977, they were farmers from a small village near Mumbai with a total of $700 in their pockets. They settled […]
Working hand-in glove with the franchisor and becoming a visible part of the community have made Pestmaster Services a force to be reckoned with in New York’s Hudson Valley, Although he grew up on the sunny beaches of Florida, Paul Alley (pictured above, right) headed to the cold northeast when it came time to build a […]
Even in the 21st Century, commitment to community and old fashioned values are still keys to a solid, long-lasting business In thirty years of the home services business, Mike Ploennigs has never been out of work, a claim most people can’t make in the era of downsizing and underemployment. His secret? “I never sat around waiting […]
