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May 11, 2018

Starting a Franchise, Healthcare Management, and More – Los Angeles News

Starting a Franchise

Let’s explore some of the most interesting stories that have come out of Los Angeles business schools this week.


So You Want to Start a Fitness Franchise? – Forbes

Katya Strombland, Los Angeles-based entrepreneur and MBA graduate of USC’s Marshall School of Business, was featured this week in an interview with Forbes. Strombland, who spent ten years working for Avery Office Products after earning her MBA, eventually found a way to combine her passion and profession—opening two Club Pilates franchises in the Los Angeles area.

The Forbes Q+A discusses how Strombland got involved with fitness franchising, and the process of investing, opening and ultimately profiting from the process. She also discusses both the rewards and challenges of franchising, as well as offering advice for those looking to get their foot in the door: “If you have the opportunity to work or volunteer at another franchisee’s location to learn the ropes from within, do it. It’s invaluable experience.”

Read more about Strombland and the process of franchising here.

Healthcare Management Students Extend Cal State LA’s Winning Streak – CBE Newsroom

A team of healthcare management students at the College of Business and Economics California State University, Los Angeles, recently placed among the top three winners at the Western Regional Healthcare Executives College Bowl Case Study Competition. The students faced off against eleven teams from graduate schools across five states to take the honor, working for more than 60 hours in three weeks to prepare.

Several of the participating students are already industry professionals, but nonetheless agreed that the competition will help shape their careers going forward. The challenge, which takes place over two rounds, requires students to develop solutions for a problem currently faced by a regional healthcare facility. Judges at the competition include all practicing C-suit executives from the healthcare management industry.

Find out more about the annual challenge and the healthcare management program at CalState LA here.

LMU Business Incubator Showcase to Spotlight Start-Up Companies – LMU Newsroom

The Loyola Marymount University College of Business Administration recently hosted its annual Business Incubator Showcase. Sponsored by the Fred Kiesner Center for Entrepreneurship, the event allows Loyola students and recent graduates to share their best business ideas with the community, while the incubator provides the necessary workspace and guidance to turn their ideas into reality.

A wide variety of business ideas were featured at the Business Incubator Showcase at the end of April, including Recupera, a meal service company for those with medical considerations, Influencer Line, which designs and markets products for influencers, and Bristl, a toothbrush that uses light therapy and sonic vibrations to boost oral healthcare.

“I am so proud of the men and women who, with the incubator’s help, have built innovative and promising businesses that are positioned for success in the marketplace,” commented Kiesner Center director David Choi.

You can read more about the business incubator here.

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