The Business News’ Post

Detroit Lions Playoff Wins Funnel Millions Into Local Small Businesses   The NFL playoff win against the Tampa Bay Buccaneers could end up delivering more than $50 million to Detroit businesses.   The Detroit Lions' recent on-field triumphs, breaking a decades-long playoff win drought, have done more than just electrify their fanbase – they've ignited a wave of optimism and energy across Detroit, particularly among local businesses. This surge goes beyond mere celebration; it exemplifies the far-reaching impact of perseverance and the transformative power of success.   For entrepreneurs, the Lions' victories are a vivid illustration of how resilience can reshape not just a team, but an entire community. In business, as in sports, enduring commitment and a relentless pursuit of improvement can catalyze significant change. The renewed vibrancy in Detroit, spurred by the Lions' success, is a testament to this. It shows how positive outcomes, often hard-fought and long-awaited, can create a domino effect of opportunities and growth, especially in challenging environments. As Detroit rides this wave of renewed enthusiasm – if you are a local like I am, ask yourself, can you feel it?    https://lnkd.in/e5sz2p4n   #Paletzadvisor Matthew Paletz, Esq. 

A new chapter is emerging in the sports franchise playbook because of generational shifts and technological innovation. Read our latest article about creating a winning experience for everyone: https://lnkd.in/gtMPzDFm #FanLoyalty #Digital

Why are we targeting NFL cities for Whiteboards N Whiskey? Because where there’s ambition, there's achievement. Picture the thrill of game day – the strategy, the passion. That’s the energy we’re bringing to our events. NFL cities exude culture, business savvy, and a winning spirit – the perfect setting for innovation and networking. We’re not just hosting meetings; we’re crafting experiences. Ideas will flow as smoothly as our finest whiskey. Whether you’re a startup making your mark or a seasoned player aiming for the next big win, your city could be our next unforgettable venue. Excited to bring Whiteboards N Whiskey to your city? Let’s craft a game plan together. Drop a comment or DM us. Let’s transform your city into the next hub of innovation and success. Ready for the challenge? #whiteboardsNWhiskey #franchise

Connect Yorkshire member, Huddersfield Giants RLFC, are hosting a networking event with a twist in March! Join Eorl Crabtree, Huddersfield Giants and Huddersfield Grosvenor Casino for an evening of entertainment and networking on Friday 22nd March. With over 40 already signed up, this is one not to be missed. You can sign up through the link in the comments. #connectingyorkshire #businessnetworking #businessgrowth #grosvenorhuddersfield #huddersfieldgiants #businessleaders

There's this oft-discussed phenomenon in sports where "the game slows down" for some of the best players. You're able to think one step ahead of your opponent and the hours of practice seem to finally pay off. As I posted about last week, I have a LONG way to go when it comes to feeling that way about my career as a whole. But, I am really fortunate that some parts of my day-to-day have indeed "slowed down". The prime example of this? How successful Franchise YoungConference really has been for us this year. Some fact bombs to drop on you all: 💣 With our agenda coming out today, we're excited to announce 50+ speakers and mentors that will be speaking at the event. You've seen me cite Scott Abbott, Morgan Kline and Devan Kline already; we have other fantastic speakers (some of which have never spoken at a Franchisors.com event before) that we're privileged to have. Be sure to check out the agenda here: https://lnkd.in/dBMc8ecb 💣 When we had our first event down in Miami in 2019, we had only 96 people attend (and yes, that includes all of the staff we brought). For our virtual event in 2020, we had 103 sign onto the webinar at some point or another. 2022 in Fort Lauderdale brought us 133 (in a hotel I did NOT love). Last year was amazing with 155, but it turns out Chicago is a bit more expensive than we bargained for 😅 For 2024? 170 people and counting, with a record amount of franchisors, franchisees, fractional executives, suppliers and third-party investors. 5 spots left until we breach fire-code, so get registered ASAP: https://lnkd.in/dazvZjKw 💣 We have some fantastic new additions to the agenda this year, in large part due to my wonderful committee of Jake Fishman, Aaron Harper, Olivia DiGirolamo, CFE, Gabriella Ferrara, Courtney Stillings, CFE, Jeff Horst, Madeleine Zook and Brooke Budke assisting Ryan Hicks, CFE and myself. Look out for the *brand new* fractional executive/private equity breakfast roundtables to get all of your questions answered by the experts, what brands *actually* do with the money they get in M&A, finding out how all of these new laws on Capitol Hill REALLY affect Millennials in franchising and cutting-edge changes to Ops, Marketing, Recruiting, FranDev and much more. There's a lot to be excited for that you all will find out more about in the coming days. But for now, let's stick with one of my favorite pictures of last year, my friend Aaron Harper posing with Joseph Trahan, Grant Marcks, Tony Zaccario and Nick Rhoads after winning YC Shark Tank 2023. Watching his rapid (and responsible) growth since then has been amazing to see, couldn't be happier to be a small part of it. People like Aaron Harper is why we started Franchise YoungConference! You have the agenda now folks, what are you most excited for? Drop a comment 💣 below ⬇

Our new associate dean, Dr. Bri Newland, for the UCCS College of Business recently published an article in Sport Marketing Quarterly: https://lnkd.in/g-atb4ee The study evaluated professional sports team ownership and its effects on fan behavior. Along with her coauthors, they developed a process model to analyze owners' individual impacts on franchise outcomes like increased profitability and attendance, and consumer spending. Two key takeaways: Local owners who are perceived as "one of us" drive higher game attendance and fan spending; and  Early-tenure owners from the same city as the franchise showed positive results on outcomes. This study helps us better understand franchise owners and their contributions to team success beyond the field. #SportManagement #FanEngagement #LocalOwnership #SportsBusiness #SportFranchiseOwners #ProSports

"Fantastic Event", "Really insightful", "Amazing guest speaker we loved that we could relate to Jill as women in logistics!" are just some of the comments from my clients who made our International event. If you are keen to understand about breaking into International market's or strengthening propositions then look to Evri. #International #crossborder #marketplaces #logisitcs

Had an incredibly insightful conversation with Scott Gwartz, Executive Director of Corporate Partnerships at the Los Angeles Lakers! He dropped gems about strategic planning and relationship building that goes into securing and managing lucrative partnerships for a historic franchise like the Lakers. Here are 3 key takeaways from our discussion: 🟡 Balance is Key: ↳ Scott emphasized the importance of maintaining a healthy work-life balance, even within the fast-paced world of sports partnerships. This is definitely a culture I can get behind! 🟣 Strategic Brand Synergy Matters: ↳ Successful partnerships are built on a strong strategic foundation. Aligning the Lakers' brand values with those of the corporate partner is essential for a mutually beneficial relationship. 🟡 Building Relationships: ↳ At the end of the day, it's all about people. Scott highlighted the importance of building strong relationships with partners, fostering trust and open communication for long-term success. Scott's passion for the Lakers and his expertise in corporate partnerships were truly inspiring! Our conversation has further solidified my decision in pursuing a career in sports marketing, particularly within the National Basketball Association (NBA). Thanks again Scott for your time and insights! #NBA #Lakers #CorporatePartnerships #Networking #Business #LinkedInSports

🚀 Case Study: Birmingham Legion FC Scores Big with DIGIDECK! Birmingham Legion FC partnered with DIGIDECK to elevate their partnership presentations, resulting in substantial gains: 🔹 Enhanced Partner Engagement: Real-time activation imagery and audio. 🔹 Improved Insights: Detailed tracking of partner interactions. 🔹 New Apparel Partnership: Secured a multi-year deal with hummel. 🔹 Increased Digital Presence: 20% rise in social interactions, 316% boost in YouTube impressions. DIGIDECK has become an essential tool for Legion FC, driving brand value and operational efficiency. Read the full case study below!

“These Terms are Market!” Common phrase heard in #Business, but just because its “market” does it make it right? 🤔 Tua Tagovailoa wants a new contract from the Miami Dolphins💰 “The Market is the Market” - Tua referenced the recent Jared Goff & Trevor Lawrence contracts, these QBs arguably in the same performance tier 📝 Assume the Super Bowl is the goal for each NFL franchise (it should be). The recent market has shown 2 paths 👇 1. Have an ELITE QB that elevates the talent around him; Patrick Mahomes, Tom Brady, Peyton Manning did that consistently. 2. Have a QB on a low-cost contract surrounded by elite talent; Brock Purdy, Jalen Hurts, Joe Burrow got there before signing big contract extensions. In a business decision, when “The Market is the Market”, and following the market doesn’t align with achieving the goal, should a company be forced to conform? 🤷🏽♂️ The line between good and great companies can be knowing when to follow vs when to innovate and create a new market. What will the Dolphins choose to do? 🐬 #PrivateEquity #VentureCapital #FundFinance #Sports