GlobalBX Entrepreneur Business Articles - October 2009H And R Block Will Convert 500 Company Offices To FranchisesThe Business Journal of Milwaukee: H&R Block Inc. plans to sell a pool of 500 company-owned offices, converting them to franchises throughout the fall and winter. Kansas City-based H&R Block (NYSE: HRB) hopes to target entrepreneurs already operating in or interested in the tax business. “H&R Block believes that success will be driven through a […] McDonald’s Accelerating its Expansion in IndiaWall Street Journal: MUMBAI — McDonald’s Corp. plans to bring the Chicken Maharaja Mac to more of India. While much of India’s retail sector is struggling, McDonald’s has been largely unaffected by the slowdown and is planning on accelerating its expansion on the subcontinent, according to Amit Jatia, chairman of McDonald’s in western and southern […] Subway’s Value Meals Are A Hit For EveryoneFranchise Times Magazine: Jim Underwood, owner of eight Subway stores in Alabama, was a bit hesitant when his franchisor first introduced $5 footlong subs more than a year ago. Lower prices make the franchisee’s job tougher because they’re the ones who have to squeeze a profit out of those lower prices. Underwood isn’t hesitant anymore. […] Coldwell Banker Sues StuckyThe Newton Kansan: A civil suit has been filed against former Newton real estate agency Stucky and Associates Realtors and its owner Frank Stucky for more than $600,000 in fees and loan payments. But the owner said he disputes the allegations and intends to file a counter-suit. Coldwell Banker Real Estate Company has filed a […] Do Your Own Business Valuation – Part 2: Defining the ValuationA valuation is based on a hypothetical sale of the company, so two critical issues need to be well defined from the beginning – 1) exactly what is being sold (valued), and 2) who is the most likely buyer. What is Being Valued? Businesses are generally sold in two types of transactions – asset or […] Most Powerful Women in Business 2009Women in the Boardroom, and Beyond Over the past several decades, women have gained a far more prominent position on the American business scene. Once relegated to roles of subservience, as viewers of the AMC television series “Mad Men” can attest, female corporate executives have continued to assert themselves in boardrooms across the country. The […] How Much Does a Chick-Fil-A Franchise Cost?Chick-Fil-A Successful AND Delicious More than 60 years have passed since Truett Cathy opened his very first restaurant in rural Georgia. In 1964, the company came out with what is reported to be the first boneless breast of chicken sandwich – naming it Chick-Fil-A – and eventually the entire restaurant chain took on that moniker. […] The Franchise Burger War – Hardee’s, Carl’s and McDonald’sWall Street Journal: The burger wars are heating up, with the Hardee’s and Carl’s Jr. chains taking aim at McDonald’s Corp. with a taste challenge and an attack on Big Mac. In September, Hardee’s and Carl’s Jr. restaurants will offer mail-in refunds to customers who claim to like a McDonald’s Angus burger better than a […] UFood Restaurant Group Closes Salt Lake City RestaurantBusiness Wire: UFood Restaurant Group, Inc. (OTCBB: UFFC) announced today that its Salt Lake City franchisee has terminated the operation of the UFood Grill Restaurant in the city, as a casualty of the recession. George Naddaff, the Company’s Chairman and Chief Executive Officer, stated, “We are disappointed that the recession is significantly reducing the number […] Subway Probes ‘Exploitation’The Age: FAST food chain Subway will investigate and review its operations after claims that a Melbourne shop systematically failed to pay foreign trial workers. The Age revealed yesterday that Prateek Sahni, 23, is claiming more than $200,000 in penalties after he said he was not paid for more than 40 hours’ work at the […] McDonald’s vs McCurry Heads For Malaysia Court AgainREUTERS: An eight-year legal battle between fast food giant McDonald’s and a Malaysian restaurant called McCurry over copyright infringement is set to continue on Monday in the country’s highest court. McDonald’s, which has 185 outlets in Malaysia, is appealing against the decision made on April 29 that its trademark had not been infringed upon by […] Dunkin’ Donuts In Hot Water AgainBlue MauMau: A federal judge has ruled that franchisees may explore Dunkin’s ulterior motive in terminating their franchise agreements. For the past decade, Dunkin’ has faced allegations of spying, intrusions into franchisee‘s love lives, and assorted bare-knuckles tactics in terminating franchisees. One of the nation’s leading franchise journalists was threatened with a lawsuit if she […] Ahead Of The Bell: Dropping Sales For Jamba DrinksNEWSMEAT: Fruit smoothies chain Jamba Inc. core offerings are a “low priority purchase” for consumers during tough times, an analyst said Friday, a day after the company said sales fell 15 percent in the second quarter. Its shares shed 5 cents, or 4 percent, to $1.20 in premarket trading on Friday. Jamba owns and franchises […] Pizza Entrepreneurs Hooked On Domino’sBusiness News: It’s no secret that the recession in Britain has boosted demand for cheap thrills, whether it’s a night out at the movies or staying in with a pizza, and delivery chain Domino’s Pizza UK on Monday once again wowed market watchers with a set of strong six-month results. The recession has also led […] Redbox Sues Warner Home Video Over New Release AvailabilityAfterDawn: Redbox has filed an antitrust lawsuit against Warner Home Video over their recent decision to deny kiosk operators access to new releases until four weeks after they go on sale to the public. Redbox already has cases pending against Fox and Universal over the same issue. In a statement, Redbox President Mitch Lowe said […] Krispy Kreme Opens First Store In TurkeyTriangle Business Journal: Krispy Kreme Doughnuts said Monday that a franchisee has opened its first store in Turkey. The franchisee, part of Qatar-based Almana Group, opened a Krispy Kreme shop in Istanbul. It is the first of 25 stores the franchisee plans to open over the next five years. The franchisee, called Almana Yiyecek Ve […] Dominating Delivery In Taft … Get The Door … It’s Domino’sThe Taft Independent: If you are at home and it’s the weekend, you’re probably thinking pizza. Bob Leikam wants you to think Domino’s, and its probably an easy decision to make – if you want delivery and you want it fast. Founded in 1961, Domino’s Pizza is the recognized world leader of pizza delivery. Franchisee […] Burger King Denies Rumors Of Russian EntryThe St. Petersburg Times: Burger King on Friday categorically denied a report that it had signed a franchising deal in Russia. While the fast food chain has been actively working to enter the Russian market for some time, no agreements have been concluded, Brian Johnston, Burger King’s senior director of development for Eastern Europe and […] 88-Year-Old Chick-fil-A Founder Reaches Dollar 25 Million Scholarship MilestonePR Newswire: Chain to Award $1.4 Million in Scholarships This Year Alone to Restaurant Team Members ATLANTA, Aug. 24 /PRNewswire/ — In the midst of companies looking for ways to trim costs and reduce budgets, Chick-fil-A continues its 36-year commitment to education with founder S. Truett Cathy reaching his $25 million Leadership Scholarship milestone during […] Baskin-Robbins Wants A Franchise In PCThe News Herald: Baskin-Robbins is looking for franchisee candidates in the Panama City area and will hold a seminar from 2 to 4 p.m. Thursday at the Bay Point Marriott, according to a news release. The company seeks store developers with strong financial backgrounds and the desire to maximize the territory and expand the market, […] |
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