GlobalBX Entrepreneur Business Articles - September 2009

How Much Does a Tim Horton’s Franchise Cost?

Tim Horton’s coffee franchise opportunities are recognized innovative developments for franchisees wanting to establish quick service restaurants in North America. It is also one of the largest publicly traded restaurant chains based on market capitalization. Their premium coffee, freshly baked goods and a wide variety of selected home-style soups, specialty teas and other consumer-friendly food [...]

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SUBWAY Restaurants Honors Outstanding Franchisees And Developers

PR NewsWire: The SUBWAY(R) restaurant chain, the world’s largest submarine sandwich franchise, is proud to announce that it has named six outstanding franchisees as recipients of its 2009 Franchisee of the Year awards and three highly respected members of its development community as recipients of its Development Agent of the Year awards during the company’s [...]

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Popeyes Sales Rise On Promotions

Atlanta News: Atlanta-based AFC Enterprises, parent company of the Popeyes chicken chain, reported Wednesday a 4.3 percent increase in global same-store sales for the second quarter. Popeyes helped boost traffic through promotions, including a one-day offer that featured 8 pieces of chicken for $4.99. The chain said it also benefited from lower commodity costs and [...]

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Fast Food Giant Loses In McDonald’s Vs McCurry Tiff

Yahoo! News: Fast food giant McDonald’s on Tuesday lost an eight-year trademark battle against a Malaysian curry restaurant after the country’s highest court allowed the latter to use the prefix ‘Mc’. Malaysia’s Federal Court dismissed an application by McDonald’s Corporation to appeal against an earlier Appeals Court judgment which allowed McCurry to use the prefix. [...]

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Baskin-Robbins Opens Charleston, South Carolina For Franchise Sales

PR Newswire: Baskin-Robbins, America’s favorite ice cream shop, is rapidly expanding its national footprint with today’s announcement that Charleston, South Carolina is now open for franchise sales. More than 12 new stores are projected throughout Charleston and the surrounding area over the next several years. Baskin-Robbins currently operates more than 6,000 stores in 35 countries [...]

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Lindsay Restaurant Opens In Style

The Lindsay Post: Lindsay’s Boston Pizza promises to be a big community supporter and during the Friday night grand opening party for the new restaurant, franchisee John Fox put his money where his mouth is. As staff presented Greg McPherson of Kawartha Lakes Food Source with a cheque for $3,500 raised from gratuities received during [...]

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Inc. Magazine Ranks Cafe Yumm! Amongst Fastest Growing

Franchising.com:  The Inc. 500/5,000 list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy. “Recognition of this sort is not only terrific for Café Yumm!, but it is terrific for the State of Oregon [...]

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Franchising And Networking Solution To Success

India Journal: “Franchising and Networking is the new mantra to becoming successful in today’s world”, speakers Rajiv Trivedi, VP of La Quinta Corp & Rhonda Sher, Author of ‘The Two Minute Networker’,  said as they addressed a packed audience at the Sheraton  here, during the TIE Southern California monthly meeting on Aug. 19, on the subject – [...]

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Franchisees Undeterred By Downturn

The Star Online: THE recent economic downturn saw a drop in customers, says Peter Chiu from Sarawak, the first McDonald’s franchisee in Malaysia. However, his belief in the McDonald’s proven system has held him steadfast. Like all eight franchisees, McDonald’s meets up with them at least six times a year and shares its business strategies. [...]

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Wendy’s Raises $1.8 Million For The Dave Thomas Foundation

FranchiseKey: Wendy’s announced recently that thanks to the fact that millions of people enjoyed a Wendy’s Frosty during Father’s Day Weekend more children in foster care will have greater opportunities to find permanent, loving homes. The company has now revealed that $1.8 million was raised in its US and Canadian restaurants for the Dave Thomas [...]

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Do Your Own Business Valuation – Part 1: Introduction to Business Valuation

As a business owner, you know more about your business than any one, but there is one thing you are not too sure about – how much it is worth. This is the first in a series of articles designed to help you learn about business valuation and, if you choose, do your own business [...]

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In-N-Out Expands North To Sonoma

NBC Bay Area: The Santa Rosa city council has approved plans for a new In-N-Out, complete with drive through window, just off 101 in Sonoma County. The location is the most northerly spot in the beloved Southern California chain’s territory, a distinction previously held by the drive-through-free location in Mill Valley Rohnert Park. In-N-Out has [...]

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Slurpee Rocks Out With First Virtual ‘Battle Of The Bands’

PR-inside.com: 7-Eleven, Inc. rocks out this month with “Battle of the Bands,” an in-store and online promotion that pits 28 bands from across the U.S. in a music video competition at www.slurpee.com : and adds an in-store first — three colorful 32-oz guitar-shaped Slurpee® cups and a giant 54-ounce guitar-shaped Big Gulp® cup. The Big [...]

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Employee Life Cycle

The Employee Job Life Cycle describes the evolving quality, productivity and job retention of typical employees throughout the process of hiring, employment and then termination. An employee life cycle is the steps the employees go through from the time they enter a company until they leave. Often Human Resources professionals focus their attention on the [...]

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Forbes Ranks Kumon No. 1 Low-Cost Franchise

Business Wire: Kumon, the world’s largest after-school education company, ranks No. 1 in Forbes magazine’s list of Top 20 Franchises to Start. The franchise attracts people who value education and aspire to help children build confidence, independent learning skills, and a strong foundation in math and reading. Operating for more than 50 years, the franchise [...]

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Carl’s Jr. Serves Up New Burger Via YouTube

QSR Web: Eleven-year-old Elliot Srikantia is the perfect example of what Carl’s Jr. aimed to achieve with its recent viral “How I Eat a Burger” campaign. Srikantia is a fan of one of the YouTube stars the company asked to promote the chain’s new Portobello Mushroom Six Dollar Burger. But the Shaker Heights, Ohio, resident [...]

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DQ Franchisee Not Bowing To PCI Challenges

 QSR Magazine: PCI compliance has become an issue of great concern for quick-service restaurants within the last year. Roundtable Corporation, a multiunit Dairy Queen Franchisee, faced several challenges because of these numerous components required for PCI compliance. Roundtable’s IT department felt it was in their best interest to let SecureConnect manage their Internet security and [...]

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First Pinkberry In Dallas Will Open At Preston And Royal

Pegasus News: DALLAS — Dallas’ Preston Royal Village will be the first US location of Pinkberry to open outside of the California and New York Markets. “Preston Royal Village represents the heart of Dallas. This prominent location has been thriving for over 50 years and will continue to be a vital part of the Dallas [...]

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Pizza Inn Works On Recipe For Comeback

TradingMarkets: In overhauling its image, Pizza Inn is working the nostalgia card to revitalize the 51-year-old chain, bringing back checkered tabletops and breathing life into its discarded mascot Jo Jo, a dough-flipping, mustachioed cartoon chef. Not all memories at the chain are happy ones. But the business may have survived one of the restaurant industry’s [...]

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Pizza Hut Franchisee Talks About Company’s Challenges

Dallas News: The largest Pizza Hut franchisee told analysts Monday that the company does not expect a rebound in same-store-sales until late this year. Jim Schwartz, president and chief executive of NPC International Inc., said he was disappointed and “frankly frustrated” with the company’s 12.6 percent drop in same-store-sales from continuing operations for the quarter [...]

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