Being a business owner is not a novel idea. In fact, in 2016, 25 million Americans owned their own business or were in the process of starting one. This number has grown since 2016, indicating that the world of entrepreneurship is one that appeals to a wide range of people.

Being a business owner can be quite rewarding, too. Approximately 90% of new American billionaires are self-made through their own product or service business.

If you're planning on opening a restaurant, a retail shop, or any type of small business, it's likely you're going to need a loan. Even if your business is established, a small business loan can help you expand, hire new staff, and grow your product line. While no one likes to ask for money, knowing what to expect from the loan process can help it go more smoothly and increase your odds of success.

Whether you’re scrolling through Instagram or venturing into your local city, you’re likely to have heard of, walked by, or even frequented a food truck establishment.  According to the Census Bureau, the number of operable food trucks in the United States doubled from 2013 to 2018 with expected growth well into the future.

You're close to realizing your dream of opening your own restaurant. You have the space and designed it to be a cozy and inviting eatery. You've hired key staff and are working on a marketing plan. Now it's time to finalize your menu and put those items of yours into a detailed menu that will communicate your passion for food to your guests and entice them to try your culinary offerings again and again. How do you do this? We've broken it down into key decisions you need to make as you are developing your menu.

Deciding to open a bar is a big decision. It’s likely the realization of a life-long dream. As exciting as this time can be, it's important to plan carefully. Your success will depend on it. To make things easier, we've put together a brief tutorial on the steps you need to take when opening a bar from scratch.

Owning your own company means being your own boss. Not only do business owners get to choose their professional path—they get to determine the direction of their company as a whole. Many would say that becoming a small business owner is the epitome of the American Dream.

If you want to be a business owner, where do you start? Here’s some advice and a few tips on how to start your own business, no matter what type of business you are trying to start.

Technology has changed the way we do business. A physical space or storefront is no longer a requirement to run your business. Now, more than ever, having a solid, engaging, professional website is of the utmost importance.  

Small businesses are uniquely positioned to take advantage of this new reality if they put the effort in. But it takes more than a great website. If you’re looking for a proven way to grow your small business, you should have a blog on your website.

The food truck trend represents one of the most exciting developments in the culinary industry. These compact dining establishments bring a variety of enticing flavors to locations in which such cuisine might not otherwise be available. Consumers benefit from convenient access to numerous culinary styles, while restaurant owners are able to expand business flexibility and minimize the costs associated with traditional brick-and-mortar locations.

The need for Food Service Managers is estimated to grow by 9 percent through 2026. If you desire to join this industry’s growth by running your own business, consider the Johnson & Wales University’s online Food & Beverage Entrepreneurship bachelor degree.