GlobalBX Entrepreneur Business Articles - October 2009How Much More Connected Can You Afford To Be?“Well, I’m gonna’ get out of bed every morning… breath in and out all day long. Then, after a while I won’t have to remind myself to get out of bed every morning and breathe in and out.” – Sam Baldwin, Sleepless in Seattle (Tristar – 1993) Hopping out of bed, checking voicemail, checking our […] How Much Does a Kumon Franchise Cost?Teaching the Masses, One Child at a Time More than 50 years ago, a Japanese math teacher named Toru Kumon came up with the innovative teaching method that bears his name while trying to instruct his son, a second-grade student, who was struggling to learn arithmetic. As a teacher, he understood that it was important […] Do Your Own Business Valuation – Part 3: Quantifying Business ReturnsThe basic concept of business value is that the future benefits (returns) of owning a company must be adjusted (discounted) for the risks associated with owning the company. The sales or earnings of a company are typically used to represent the benefits (returns). Multiples and rates are used to represent the risks. The basic formula […] Buying a Business … 1+1=3Buying a business can be a valuable business strategy. Synergy is an interesting concept but what can it really mean when buying a business. In my prior business I had made many acquisitions to supplement organic growth. The analysis of buying these business followed the below simplified numbers. A brief explanations of the below […] How To Use Articles To Promote Your BusinessHave you ever longed for people to knock on your door wanting to do business with you? Um – doesn’t often happen does it? Actually that’s not quite true. There is a way to get people knocking at your door, but it doesn’t just happen by itself. You need to influence this. And how […] Athlete’s Foot Races To Profit Despite CrisisThe Australian: The owner of the Athlete’s Foot chain of sports shoe stores, RCG Corporation, expects further growth after increasing annual profit and acquiring two new footwear brands. The company reported a 7.4 per cent lift in net profit to $5.3million in the year ended June 28, compared with the previous year. Revenue fell 7.1 […] Wendy’s Seeks Top High School AthletesChain Leader: Ladies and gentlemen: take your mark, get set, go! The 2009 Wendy’s((R)) High School Heisman((R)) (WHSH) race has begun! Celebrating the competition’s 16th anniversary, Wendy’s is looking for the next class of High School Heisman recipients – exceptional students who bring excellence in academics, athletics and community service. Through October 1, 2009, eligible […] Rocky Mountain Chocolate FactoryThe Motley Fool: I’ve been looking for a fantastic micro-cap investment for a long time. While I’m quite confident that stocks like Marvel and Dreamworks will make me a decent profit, it doesn’t change the fact that they are billion dollar companies. No matter how fantastic the business, simple mathematics puts a ceiling on growth. […] McDonald’s To Move European Head Office To SwitzerlandGuardian.co.uk: McDonald’s is shifting its European headquarters to Geneva, in a snub to the European Union, to benefit from Switzerland’s advantageous intellectual property tax laws. The US fast-food chain is joining other foreign companies that have moved their European headquarters to a more favourable tax regime. US corporations that have based themselves in Switzerland include […] Dollar Thrifty Automotive Group Re-Franchises Airport Operations In Oklahoma CityReuters: Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the sale of the Dollar Rent A Car franchise in Oklahoma City, Okla., which includes the in-terminal airport operation at Will Rogers World Airport. This marks the 11th conversion of a corporate store to a franchised operation in 2009 as part of Dollar Thrifty’s ongoing […] Edible Arrangements Signs Master Franchisee Agreements In Rome And Hong KongYahoo! Finance: Edible Arrangements, the pioneer and leader in hand-sculpted, fresh fruit arrangements, announced today the signing of two Master Franchisee agreements in Rome, Italy and Hong Kong. With these recent agreements, Edible Arrangements is now available to consumers in eight countries outside of the United States and Puerto Rico. VPF International Ltd. will operate […] Office Depot And M.H. Alshaya Co. Sign Franchise AgreementReuters: Office Depot (NYSE:ODP), a leading global provider of office products and services, together with M.H. Alshaya Co. (“Alshaya”), an international retailer operating over 40 international franchise brands throughout the Middle East, Eastern Europe and Russia, have concluded an agreement to sell office products and services under the Office Depot name. Under the agreement, Alshaya […] BP Franchisees Sue Naperville-Based CompanySuburban Chicago Newspapers: Four local BPs are among of a group of gas stations suing their parent company, alleging that corporate pushed up gas prices and committed fraud. According to a press release from attorney Carmen Caruso, stations in Aurora and Yorkville, as well as two Oswego stations, are among the 17 plaintiffs suing Naperville-based […] Tim Hortons To Extend Ice Cream Test RunOttawa Citizen: Ice cream cones are selling like crullers at coffee chain Tim Hortons Inc., which confirmed Thursday that it will extend its test run of the Cold Stone Creamery brand into outlets across Canada. Cold Stone recently opened inside 40 U.S. Tim Hortons locations and six Toronto outlets as part of a joint venture, […] Baskin-Robbins Opens Panama City For Franchise SalesYahoo! Finance: Baskin-Robbins, America’s favorite ice cream shop, is rapidly expanding its national footprint with today’s announcement that Panama City and the surrounding region are now open for franchise sales. More than 20 new stores are projected throughout the area. Baskin-Robbins currently operates more than 6,000 stores in 35 countries and opened more than 600 […] Ruby Tuesday Expanding To Abu DhabiPacific Daily News: Ruby Tuesday Inc. has secured rights to open restaurants in Abu Dhabi, the restaurant chain announced yesterday. Ruby Tuesday said its franchisee, Bin Hendi Hospitality, plans to open six new restaurants in Abu Dhabi, the capital of the United Arab Emirates. “Ruby Tuesday continues to gain traction outside of the United States,” […] CENTURY 21 Real Estate Announces Caribbean ExpansionRISMedia: Century 21 Real Estate LLC, the franchisor of one of the world’s largest residential real estate sales organization, has announced the signing of an agreement by its Caribbean master franchisee to open the first CENTURY 21 franchise in Bermuda. The addition of Bermuda expands the CENTURY 21 Caribbean Franchise network to 15 countries and […] Dunkin’ Brands Adds to Corporate TeamQSR Magazine: Dunkin’ Brands, the parent company of Dunkin’ Donuts and Baskin-Robbins, announced two additions to the company’s leadership team: Christine Deputy, now senior vice president of human resources, and Karen Raskopf, senior vice president of corporate communications. Each will report directly to Dunkin’ Brands’ CEO Nigel Travis. Deputy brings nearly 20 years of human […] Sonic Sued For Firing Epileptic EmployeeMobile Weather News: According to the Equal Employment Opportunity Commission (EEOC), Sonic fired Alecia Lawrence after learning she’s epileptic. A manager told Lawrence it was no longer safe for her to work around knives, ovens and other equipment due to her medical condition. The Americans With Disabilities Act (ADA) prohibits employers from making employment decisions […] Edible Arrangements Launches New Multi-Unit Development StrategyYahoo! Finance: Edible Arrangements®, the pioneer and leader in hand-sculpted, fresh-fruit arrangements, announced today the launch of its new “core and station” store enterprise development program and the company’s evolution into multi-unit franchising. A central component of the new strategy is Frutation by Edible Arrangements®, a grab-and-go concept offering customers fresh-fruit smoothies and juices, fruit […] |
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