GlobalBX Entrepreneur Blog | Business Blog
Helpful Information for Buying, Starting, Running, and Selling a Business
This is a valuable blog resource from expert authors contributing key information on how to buy and sell a business, start and run a business, write business plans, and much more. This is the ultimate resource for business strategies and motivation for all entrepreneurs.

7 Reasons Why Your Small Business Needs Accounting Software

It’s not unusual for small businesses to encounter certain challenges with respect to financial record-keeping. Many entrepreneurs, regardless of the present-day solutions for modern business operations, rely on conventional books and simple computerized recording systems to be able to keep track of their expenses, returns, profits, revenues and other information related to their money in [...]

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How Banks and Lenders Decide Whether to Finance a Small Business Loan

As the economy slowly regains a boost with signs of recovery analysts are seeing, the lending market has become a little more welcoming to small business owners. An increasing number of start-ups and small scale entrepreneurs are reportedly turning to banks, lenders and financing institutions to kick-start their business or get the enterprise all set [...]

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2 Practical Steps for Picking the Right Investors

Venture capitalists can be intimidating, especially for a person, a group of persons or an organization that is jumping in the business bandwagon for the very first time. Attracting venture capital is in itself a humungous task given the lengthy process associated with it, not to mention the stringent measures that VCs expect startups and [...]

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QSR Crowns McDonalds as Top Restaurant; Subway Follows a Close Second

McDonald’s, one of the most popular and leading fast food chains in the world, is trumping all others in the limited-service restaurant segment, QSR Magazine revealed in its yearly rundown of America’s 50 top-performing food brands. In its recently released 2014 QSR 50 list, the leading business-to-business online magazine celebrates the success of players in [...]

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Chick-fil-A Record Profits: $230 Million

Chick-fil-A, the family owned fast food chain based in Atlanta, Georgia, is still a financially sound business after nearly seven decades of operations, a recent report by a Privco, business and financial research agency focusing on leading privately-held companies. S. Truett Cathy founded Chick-fil-A, and had since been the pride of Southern United States. Now [...]

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Burger King and Tim Hortons – $11 Billion Buyout Deal

Burger King and Tim Hortons have made the formal announcement of an $11 billion deal for the iconic American brand of fries and Whoppers to acquire the doughnut and coffee shop that has brought with it a signature Canadian distinction. Berkshire Hathaway Inc., owned by billionaire Warren Buffett’s, will be investing in the buyout through [...]

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Carl’s Jr Reveals 10-Year Plan to Open 100 Restaurants in India

One of the biggest conquests a business can have is making its presence felt worldwide. Being able to cater to the global market is a fundamental step to establishing a brand and making it a household name. For businesses and franchises, going international can mean setting the bar high in terms of operations, in order [...]

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NLRB Ruling – Future of Hotel Franchising Model in Question

McDonald’s, one of the biggest names in the fast food franchising industry, is taking a beating from the numerous complaints filed against for the alleged violation of the rights of its franchisees’ employees. A ruling by the U.S. National Labor Relations Board may pave the way for a radical change, not only in the franchisor’s [...]

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Recovering Economy Burdens Business Owners with Higher Taxes

Entrepreneurs, no matter where they go and what they do, can’t escape taxes. Business owners, regardless of their type, size or industry of the venture they are running, are mandated by law to pay up. In the wake of a recovering economy, heavier taxes are keeping businesses on their toes. Experts recognize that there is [...]

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Top YouTube Channels for Business Owners and Entrepreneurs

In this digital age, smart strategies are a must for marketers to leverage such advancements. More and more customers are now shifting to computer viewing, and less focused on television. The Internet has permeated the lives of people from all walks of life – business owners included. Regardless of the industry, type or size of [...]

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McDonald’s and Chipotle Battle It Out

As McDonald’s struggles with flat-lining, even falling, sales in and outside North America, Chipotle continues with its unprecedented rise. Quarterly reports indicate that the largest food chain in the world has dropped 3.3% in same-stores revenue, coupled with unimpressive customer traffic which is seen as a result of its recent price hikes. Chipotle, on the [...]

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McDonald’s Global Strategy & International Plan

Declining sales and sluggish customer traffic may eventually spell out even bigger problems for McDonald’s, compelling the world’s biggest burger fast-food chain to roll out changes and work toward enhancing business systems on a global level. McDonald’s recently revealed it suffered a gloomy 3.3% sales drop, according to its 3rd quarter report. The decline was [...]

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August Job Stats Not as Promising as Projected

Amidst the data pointing to an improving economy, statistics involving the employment of Americans failed to meet expectations as of August 2014, according to the U.S. Department of Labor. Unemployment rate slumped to 6.1% but hiring was less than the 225,000projections by economists. There were only 142,000 jobs added as of August 2014, the statistics [...]

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The Art, Science of Managing the Virtual Team

Balancing Time, Focus – Today, team members come from inside and outside the company and may be working in the same town or across the globe. They come together for a specific project and set of goals. For the project to succeed, the project/program manager has to clear the path for the team members, keep [...]

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Dunkin’ Donuts – Innovative Changes Underway to Boost Sales

Dunkin’ Donuts, the iconic brand dominating over 50% of the American doughnuts market, is acknowledging it is high time to step up to the changing consumer needs. While third quarter earnings showed an increase of 2% in the Dunkin U.S. segment and 5.8% for sister brand Baskin-Robbins, the numbers failed to hit targets. Alongside the [...]

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Smoothie King CEO: “Smoothies with a Purpose” Can Change the World

It is no secret that many food choices these days continue to prioritize flavor over fitness. For one, the dominating food franchises in the United States serve up the traditional burger-and-fries tandem. Beverages and smoothies are mostly concoctions of sweeteners, flavoring and coloring ingredients that are undeniably as thirst-quenching as they are visually pleasing. Smoothie [...]

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Converging Technology Will Help Humans Move Aside

“We’re healing the ecosystem. Not harming it. Particles join the air, building themselves out of pollutant. Forests can be regrown. Water so pure, you can drink out of any river. This is your dream.” – Will, “Transcendence,” Alcon Entertainment, 2014 I love good science fiction because there is always a glimpse of a thought, an [...]

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Understand Who You Are, Not Just What You Make

” Oh, obviously! The moment I sat down I thought I was looking into a mirror.” – Vincent Benedict, “Twins,” Universal Pictures, 1988 A while back, I said I wouldn’t want to be Tim Cook and take the helm of Apple. You know, all the comparisons and second guessing. I was wrong! The way the [...]

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Influence Marketing Isn’t Easy, Isn’t Fun; But Is Rewarding

“A man just doesn’t know how many friends he’s got ’til he’s flat on his back.” – Buford, “Walking Tall,” Bing Crosby Productions, 1973 I enjoyed Robert Downey Jr. in Ironman. His appearance in the HTC One commercials left me wondering WTF! Neil deGrasse Tyson in Cosmos made me want a spaceship just like his. [...]

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Outsourcing to a Marketing Company vs Employing In-House

So, you’re thinking about outsourcing your marketing. You invite two or three potential suppliers into see you, all of which provide you with a quote… and then at some point you start asking yourself whether you should employ someone in-house instead. When you’re faced with this dilemma, it can sometimes be helpful to breakdown the [...]

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