Successfully leading multiple restaurant units requires the mastery of a variety of skills and a willingness to adopt your approach to the specific needs of each location, writes Jim Sullivan. He discusses some of the pitfalls leaders may encounter -- including micromanagement and inadequate communication -- and explains how to address these issues.
Labor activists are calling for two National Labor Relations Board appointees to recuse themselves from a McDonald's case, arguing their history in working for management-side law firms poses a conflict of interest. The NLRB has not commented on the recusal request, but the board's general counsel has recommended that the board approve a settlement in the case.
After four years of cleaning carpets, Mikkel Henderson moved into the pest-control industry by opening Pest Management Solutions of Oklahoma. Henderson ran both businesses for a short period before focusing on pest control, which accounted for the majority of customer inquiries.
Small-business owners face many demands on their time, so it's important to find ways to simplify operations. Using software to automate routine tasks, creating formal procedures and avoiding the lure of perfectionism can help.
Research indicates the number of women-owned businesses has grown 114% in the past 20 years as women seek more flexibility in their careers and to get away from the discrimination and lack of work-life balance in the corporate world. But women-owned businesses often struggle with a lack of funding, which creates financial instability.
Women are less likely to network or to do business with friends than men are, according to an article by entrepreneur Mallun Yen that was backed by a reader poll. Here's a look at the responses some readers shared, which indicate that women, unlike men, often feel it's a social mistake to do business directly with friends.
Founders and executives of the dating app Tinder filed suit Tuesday against the startup's parent companies, alleging that they were cheated out of as much as $2 billion. Match Group and IAC/InterActiveCorp said they "look forward to defending our position in court."
Maintaining a culture of transparency can be complicated as a startup grows, partially because different people may have different ideas about what the concept means. Here is a look at how Instagram addressed its transparency gap by coming up with a common definition, refining the decision-making process and identifying key principles.
Even if a team excels in most respects, falling short on a critical detail can be costly, writes Aytekin Tank. Companies should identify the bottlenecks they face, look for ways to address them and avoid becoming distracted by other details, he writes.
Focus on finding the right investors during the fundraising process rather than pitching to a large number of people who aren't a good fit for your business, writes Jon Westenberg. Look for investors with the right connections, industry experience and values to help make your business a success.