In 1994, I became the president of Kentucky Fried Chicken. It was a big job, and I was excited. But when the news got out, I got more calls offering condolences than congratulations. I understood why. KFC had been struggling. It hadn’t achieved its business plan and had no same-store sales growth for seven straight...
February 9, 2025
Tag: Overcoming Obstacles
Home » Overcoming Obstacles
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September 25, 2024September 25, 2024IPOs
How an Idaho State Senator Saved a Beloved Franchise By Hitting the Road In His Camper Van
Peter Riggs saved Pita Pit once. But can he do it twice? Two decades ago, Riggs was a student at the University of Idaho and loved his local Pita Pit. After graduating, he and some friends bought a few franchises in California, and then asked for a development agreement for the whole state. Instead, the...
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September 24, 2024September 24, 2024IPOs
How He Started a Small Business With an Innovative Pay Model
Imagine what a tattoo shop looks like. All My Heart does not look like that. The Charlotte, North Carolina, studio is airy and suffused with natural light. In the reception area, there are modular chairs, midcentury couches, and a vase of fresh flowers on a Japanese-influenced cabinet. But the real surprise goes beyond aesthetics. All...