GlobalBX Entrepreneur Business Articles - September 2009

On Restaurants Pizzerias Ready For College Dough

The Columbus Dispatch: Pizza shops are warming up their ovens, eagerly awaiting Sept. 22, the start of fall quarter at Ohio State University. The Columbus Papa John’s franchisee has scored the biggest coup, opening an outlet at Lane Avenue and High Street, just up the street from locally based chain Donatos Pizza’s shop at 2084 […]

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Payless ShoeSource To Enter Russia In 2010

Reuters: * Says to expand Payless into Russia in 2010 * Says will open at least 90 stores in 5 yrs * Says will open 5 stores in 2010 * Says to open 300 stores in Russia in the long run Sept 1 (Reuters) – Collective Brands Inc (PSS.N) said on Tuesday it planned to […]

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Blenz Coffee At Granville And Davie Re-Opens With High Style, High Traffic, And High Energy

PR.com: New Blenz franchisee Frank Scott has joined his partner Sunny Bhayana to operate the 24 hour Blenz Coffee location. Friends and neighbours toasted the store’s suave new store design with free signature beverages and treats at the high-traffic corner coffee shop. The celebration attracted a large crowd of people while club style top-40 music […]

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Starbucks Says “Oui” To French Expansion

 Wall Street Journal:  PARIS — Starbucks Corp.’s top international executive said the chain plans to continue expanding its modest presence in France after striking a deal to take full control of the country’s operations. In France, “there is a tremendous opportunity because of the availability [and] quality of real estate for us to continue an […]

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McDonald’s Ordered To Pay $28 Million

Brisbane Times: El Salvador’s Supreme Court has upheld an order requiring fast food chain McDonald’s to pay $US24 million ($28 million) in damages to a franchise owner who says his contract was unfairly terminated. The court “confirmed what the second civil court ordered in December 2005”, a Supreme Court source said. The ruling favours former […]

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Cartridge World Continues To Ink Record Sales

dBusinessNews: As more and more consumers are realizing the value of refilling and recycling ink cartridges, Cartridge World franchisees are reaping the benefits. The world’s fastest growing ink and toner refilling retailer is reporting double digit increases in same-store sales for the sixth consecutive month, with domestic same store sales increasing 16.3% for Quarter Two […]

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Franchise Index Recovers Losses For 2009

 Tampa Bay Online:  An index that tracks publicly traded companies engaged in business format franchising has recovered the losses it recorded earlier in 2009. The Rosenberg Center Franchise 50 Index had climbed 11.1 percent by the end of the second quarter 2009 with widespread gains in 40 of 50 components, some in excess of 100 […]

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Red Mango Revolution

QSR Magazine: A look at how one young frozen-yogurt brand plans to make it to the top. “I’ve learned more about yogurt in the last six months than I’ve ever known in my life,” laughs James Franks, vice president of franchising for Red Mango. Franks is fresh off a franchising event in Washington, D.C., and […]

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Big Mac’s New Menu

Business Standard: McDonald’s cuts prices of extra-value meals to graduate from just a ‘snack joint’ to a lunch & dinner destination. At a time when food prices are going through the roof, Big Mac is calling you for lunch and dinner that cost 25 per cent less than what you paid yesterday. Beginning today, the world’s […]

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Starbucks Bracing For Tough Consumer Recovery

CNNMoney: Starbucks Corp. (SBUX) is planning for a drawn-out recovery in consumer spending, but believes it has right-sized its once high- growth business model with more than half a billion dollars of cost cuts. “We have shaped our plans assuming there’s a long recovery here and takes a while for the consumer to come around,” […]

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Lone Star Baby And Kids Acquires USA Baby

emediawire: Nearly one year ago USA Baby, Inc. was forced into an Involuntary Bankruptcy. This past July, CCLP the primary secured creditor acquired the Intellectual Property and assets of USA Baby through a foreclosure sale. Details of the Lone Star Baby & Kids acquisition were not immediately available. Michael J. Schaul, President of Lone Star […]

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Pizzeria Franchise Incentives Spur Development

Pizza Marketplace: For those interested in getting into the pizza business, there may be no better time than the present. A number of pizza chains are offering discounts on franchise fees or royalty payments as a way to fuel growth and attract quality operators. In July, Marco’s Franchising LLC, which operates Marco’s Pizza restaurants, launched […]

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Roark Adds Pet Valu To The Fold

Atlanta Business Chronicle: Roark Capital Group completed its $131 million deal to buy Canada-based pet food and pet supplies retailer Pet Valu. Markham, Ontario-based Pet Valu had $208.4 million in system sales across 356 franchised and corporate stores in Canada and the United States. The deal is Atlanta-based Roark’s 15th franchise investment and the second […]

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Chili’s Restaurant At American Airlines Center Abruptly Closes After Dispute Between Franchisee, Landlord

Dallas News: The operator of the Chili’s Grill & Bar at American Airlines Center hastily closed the restaurant down late Thursday, less than two weeks before the Dallas Stars’ preseason opener. Base Holdings LLC, a company launched by entrepreneur Gilbert Aranza, shuttered the 10-month-old restaurant, removing furniture and equipment, after an ongoing dispute with Center […]

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10 Ways To Cut Your Training Budget

This may not be the first time that your CEO has sliced your training budget and I am sure it will not be the last. If you already run a lean and mean training function, then congratulations on your efforts. You may find, though, that your previous good management will not slow the CEO from […]

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Achieving Goals: A Process Approach

We all want that sense of achievement that comes with reaching our goals. Whether we are working for ourselves or working within a larger organization, we get a deep sense of satisfaction when we accomplish what we set out to do. Some people seem to achieve their objectives without much effort. Others never quite seem […]

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Leading Workplace Change In Six Steps

Many organizations muddle through change. How is your organization progressing at implementing that new accounting system or moving to a new employee performance management process? Are your managers nodding approval in public but sabotaging the initiative in private? Are your employees shell-shocked and just giving up? Do you have no money left over for post-implementation […]

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Advantages of Buying Businesses for Sale by Owner

Businesses For Sale By Owner (FSBO) Existing businesses are being sold all the time, but many sellers elect to use the services of a business broker.  This saves them time and effort, although a broker – no differently than a Realtor in the housing market – is paid a fairly substantial commission for handling the […]

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Does Marketing Work?

I was at a networking event the other day, explaining to someone what we did. In response, I received a smile back and the comment “well, marketing doesn’t really work anyway does it?” Interesting question! And I can completely understand why he said that. For a lot of small business owners, that’s exactly what they […]

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Get a MBA or Buy a Business?

Buy Business, Profit Now – Get MBA, Profit Later? Recent college graduates and those contemplating the completion of their studies in the near future – specifically those majoring in business – are often torn between two disparate choices.  The question asked most often is, “Should I stay in school and earn my MBA (Master’s of […]

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