Love, Marriage and Dunkin’

When Colleen Bailey walked into her local Dunkin’ in Rockland, Maine, she knew she would get donuts and coffee. She didn’t know she’d fall in love, get married and eventually own nine Dunkin shops of her own. “Ed owned the Dunkin’ and I lived right up the street from it. That’s how we met,” says…

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Missouri Franchisee is Accustomed to the Ups and Downs of Business

When you’ve spent most of your professional career in the roller coaster world of theme parks, becoming a Dunkin’ Donuts franchise operator hardly seems like the next logical step. But for Cory Roebuck – who toiled for 17 years managing amusement parks and attractions up and down the coast of California before ending up in…

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A Commitment to Family Spawns a Second Career for Florida Franchisee

Alex Fernandez thought he had retired. After almost 30 years with AIG, the international insurance and financial services firm, Fernandez was ready to try a life of golf and relaxation. Then a family crisis intervened and Fernandez found himself back in the world of work, in a different country and a different business entirely. And…

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Bruce MacDonald’s Franchising Story is a Family Affair

For many American families living in the northeast, Dunkin’ Donuts has been a part of their daily routines for decades. Whether it’s starting the day off with a trip through the drive thru or picking up a dozen donuts on the way to a social gathering or on the way home from church, that iconic…

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Trust a Large Factor in the Emotional Process of Family Business Succession

A new study from Family Process shows that passing down a family business is an emotional process, and key factors need to be in place in order for the transition to prove successful. The owner needs to trust other family members’ involvement in the long-term plan for the business, and nurture a healthy outlook and plan for their own retirement. In the United States alone there are an estimated 10.8 million family businesses. Only 30% of businesses stay in the family from the first to the second generation.

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Great leaders inspire through strong purpose

All of us want a clear and driving purpose for our lives. Without a purpose, your employees are just putting in time. Lee J. Colan explains in the Dallas Business Journal that great leaders inspire through strong purpose.

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