GlobalBX Entrepreneur Business Articles - May 2009

The Market Shift – In A Hurricane, Even Turkeys Fly

This year, management has enhanced its vocabulary with words and phrases such as “downsizing,” “career regression,” “fiscal consolidation,” “asset realignment” and “negative career development.”  They were developed by some MBA-types to say that a company down like the economy and entire industry, had missed its projections, fired people and made cutbacks. There’s a new business [...]

Read More

What’s That Business Worth?

Fair Pricing for Buyers and Sellers Whether you are planning to buy an existing business or expect to sell one you currently own, one of the biggest challenges involves deciding on a fair price.  As the buyer, if you pay too much, you risk damaging future profit by digging too deep a hole early in [...]

Read More

Buying a Business: 10-Point Checklist to Save Time and Money

Welcome to Your Financial Freedom The decision to purchase a business is perhaps the most expensive one any person can make during their lifetime.  You generally expect the acquisition of an existing business to far exceed what you might spend to buy a car, and possibly even a home.  While your principal residence may be [...]

Read More

How to Buy a Franchise That is Right for You

If you have recently decided that buying a franchise is the right business decision for you, there are a number of elements worthy of consideration.  With thousands of franchise businesses available in hundreds of different fields, the possibilities are practically endless.  Narrowing the field to make an informed and practical decision is vital; otherwise you [...]

Read More

How Much Does a Jamba Juice Franchise Cost?

Smoothies to the Nth Degree Jamba Juice got its start in California, where juice “bars” and similar healthful establishments have been part of the scenery for decades.  Founder Kirk Perron began his business career while still in high school, starting out as a real estate investor.  Along with gaining valuable retail sales experience by working [...]

Read More

How Much Does a Taco Bell Franchise Cost?

From Hot Dogs to Tacos Taco Bell founder Glen Bell returned to San Bernardino in 1946 after serving in WWII, having decided to make his living as the owner of a single-location drive-up restaurant that served hot dogs.  He later opened a few more spots and added hamburgers to his menu, but the cross-town success [...]

Read More

How Much Does a Cold Stone Creamery Franchise Cost?

Super Premium Ice Cream in the ‘Hood Ice cream shops have traditionally served two types of frozen treats.  Either the ice cream is hard-packed and served in a stack of scooped balls atop a cone, or else it comes in soft-serve form that gets “poured” into a cone.  The founders of Cold Stone Creamery were [...]

Read More

How Much Does a Quizno’s Franchise Cost?

Toasted Sandwiches Are Tasty From a Denver restaurant with the unlikely name of Footer’s has come one of the most exciting food franchises around today.  The Quizno’s concept falls into the category of “quick-service sandwich shop” and is known for its baguette-style bread and a dressing that uses red wine vinaigrette as its main component, [...]

Read More

How Much Does a Wendy’s Franchise Cost?

In the Beginning Was the Burger Thanks to a series of iconic TV commercials, pretty much everyone knows that the late Dave Thomas started the Wendy’s hamburger chain with a single restaurant in 1969, naming the place after his daughter.  Eleven years later there were two thousand Wendy’s restaurants across the country.  Today Wendy’s is [...]

Read More

You Know You Need To Change Your Career When…

You know you need to change your career when … You fantasize about working in a tollbooth on the M50. The highlights of the day are tea breaks and lunchtime. You know you have said all this before but you can’t remember when. You keep ringing the talking clock because you know the clock at [...]

Read More

So You Want To Change Your Career – But You Don’t Know What To Do

You have just had another crap day at work. Some of these indicators may be familiar to you! You are tired and you wonder what went wrong. Everyone told you (family, friends, neighbours, the guy on the toll bridge) that this was a great job with great prospects. Now, you are just tired of it. [...]

Read More

Themes, Dreams And Life Story

One of the favored techniques in personal development in adult education is that of the life story. It is often a powerful way for people to connect to long lost dreams and to notice patterns in their life. What may not be so well known is its power as a way to reveal what you [...]

Read More

Buying a Business With No Money Down?

Cash-Poor Entrepreneur Many of us have dreams of owning our own business.  Franchise opportunities abound for people who have ready cash to spend, although it can take close to six figures ($100,000) to do a proper job of it – what with the initial franchise fee, start-up or build-out costs, inventory, supplies, and so on.  [...]

Read More

Selling a Restaurant Tips – How To Sell a Restaurant

Time to Hang Up the Spatula? As a restaurant owner, there comes a time when you wish to sell the business.  Perhaps you’re looking to relocate, or you want a change of kitchen scenery, or it’s time to lie on a beach and let someone else grill up the grouper.  No matter what your reason, [...]

Read More

Identifying And Buying An Optometry Business For Sale

In this modern consumer driven world, it is no wonder that established and affluent businessmen and women are looking for brand new opportunities to double their initial investment within two years. With their fingers in many pies, building up a business empire can be fruitful and rewarding if the right opportunities come along. If you [...]

Read More

How Much Does a Pizza Hut Franchise Cost?

In the Beginning… Way back in 1957, two brothers living in Wichita [Kansas] borrowed a small sum of money and used it to open a pizza joint.  Fifty-plus years later and now part of a major corporation that includes such familiar fast-food names as Taco Bell, KFC and A&W, the Pizza Hut logo represents probably [...]

Read More

How Much Does a 7-Eleven Franchise Cost?

The Top Name in Convenience Over time, some brand names become so well known that the mere mention of them evokes an entire product concept or business method.  Think about a particular kind of facial tissue, or plastic wrap, or sandwich bag, and you know exactly what this means.  The 7-Eleven brand has done this [...]

Read More

What Are Franchise Royalties & Franchise Fees?

Buying a Franchise Once you have decided that buying a franchise is the right move for you, it’s time to take a closer look at all the costs that can add up before someone hands you the keys and says, “It’s all yours.”  By knowing ahead of time how much you need to spend in [...]

Read More

Elon Musk: PayPal Entrepreneur And Tesla Motors Chairman

Modern entrepreneurs have one thing in common for the most part – they use the Internet to great effect. Many may use it for marketing purposes, some use it to build their business but some actually start Internet business revolutions and experience tremendous success. Elon Musk is one example of that. He is the creator [...]

Read More

The Biography Of George Lucas, Lucas Film Chairman

There are few names that are as huge in the film industry today as George Lucas. The entrepreneur has had a massive impact on film since the 1970s and has undoubtedly influenced this generation of potential film directors and producers. In some ways, George Lucas actually revolutionized the industry in the 1980s because he was [...]

Read More