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What are the keys to success? Unfortunately, there is no foolproof formula for success in the fast-paced, sometimes volatile franchise industry. Every business faces unique challenges and celebrates individual successes.  There are, however, a few foundational principles that entrepreneurs can abide by in order to optimize their chances for success. By adhering to five key practices, one Orlando-based tech-repair enterprise has grown from one central Florida location to now more than 165 corporate and franchise locations across the U.S. and Canada in just six years. The following tips are the secrets to their success. They may be able to help transform your business, too. 

New research reveals companies are changing their mobile technology strategies for 2016. We see a greater focus on enterprise mobile, that is, universal access to business process and data, and a diminished focus on building individual mobile apps. In another notable shift, migrating business processes to the cloud is also top-of-mind this year for IT leaders across highly regulated industries like financial services and pharmaceuticals. 

Looking at the demographic trends in the United States, American automotive companies are not only marketing more to women, African-Americans, Hispanics and other people of color, they are buying more from companies owned by minorities. For them, the connection between the two is straightforward: When those companies develop minority-owned suppliers, they are also cultivating minority customers.

Try to remember the last time you made a decision, whether that decision was to buy a house or to rent; to outsource a component of your project or to create it in-house; or to have milk or cream in your coffee. What factors influenced you in this decision?

Millionaire Mega-Toys

The finest things in life are at your fingertips when you stand among the corporate elite, but when you want something nice you have to pay the price. As children we learned that when you work hard you get to play hard, and how hard you work will determine how hard you play. For those who grew up to become leaders of successful businesses, the toy trucks and tree houses of your youth are now the sports cars and private islands of your adulthood. You see? It’s OK to admit you still play with toys, especially when they’re diamond-encrusted and worth millions of dollars. So don’t worry; your secret is safe with us. As a matter of fact, we know just the right toys that will strike your fancy.

To the average office worker, telecommuting sounds like a dream come true – avoiding traffic, ignoring dress codes, working without distractions from coworkers, etc. For a manager, however, telecommuting can seem like a nightmare. How do you know your employees are doing what they’re supposed to be doing? How do you have to tailor your management style to incorporate off-site employees? If they can do their jobs without being in the office, then what exactly do they need you for?

If the collective human resources nation could cook up the perfect 20-something employee, they might just come up with Christopher Clark. According to many experts in generational studies, Clark, 25, has many of the strengths typical of your average, well-adjusted millennial – those born roughly from 1980 to 1995. Clark is extremely tech-savvy. In fact, testing new software is his job. He relocated to be closer to his family, showing a wonderful relationship with his parents, which leads to a respect for elders.

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