The purposes of punishment are rehabilitation, incapacitation, deterrence, and retribution. Crowne Plaza’s decision to institute “Snore Monitors,” who patrol the hotel’s floors to ensure that no guests are snoring, appears to accomplish all of these goals. But is it a good idea?
If you missed the July 20, 2011 webinar on franchise sales, you’re in luck: the entire webinar, plus the materials, is now available online. Read the story for the link.
To capitalize on some of the buzz surrounding the movie Horrible Bosses, the website allBusiness.com has posted a new article that is a worthwhile read for any business owner.
The Nathan’s Famous Hot Dog Eating Contest takes place every year on July 4th at the original Nathan’s Famous hot dog stand in Coney Island, New York. While it remains (for some) a fun event to follow and watch as a spectator, what is even more interesting about the contest is how it has driven brand recognition and sales for the company it is synonomous with, Nathan’s Famous.
This week’s edition of SmartMoney has a good article on what it takes to become a franchisor. The article outlines some of the key considerations of franchising as a strategy for growing your business. For more on this topic, view my earlier posts: Are You Ready To Franchise? New Article On AmEx Open Forum and Franchising As A Growth Strategy.