GlobalBX Entrepreneur Business Articles - February 2012Business Worth – How Do You Calculate Goodwill?Investing, or buying into a business could by some, be compared to getting married; what are you taking on and what baggage is being brought into the relationship! In the case of buying a business, this means finding out the value of any goodwill if assets are transferred at their market value! Therefore, it’s wise […] Why You Should Start a Business TodayWorking in the corporate world is no longer an assurance that you will always have a job. With employers scaling back, the built-in stress, fixed hours, having a boss, and probably not enjoying your job, you are better off starting your own business. StartupNation.com has more on why you should shift to owning your own […] 2012 Business Excellence Awards The Best EntrepreneursThe 2012 Business Excellence Awards is now accepting nominations for the Entrepreneur of the Year Award until December 15. This award recognizes business owners or entrepreneurs who excelled in bringing their companies to exceptional growth in 2011. The Business Excellence Awards cap the 2-day Business Excellence Forums to be held in 3 regions – the […] How to Start an E-Commerce BusinessStarting an e-commerce business used to cost a lot decades ago. But these days, a personal home-based business website is almost within everyone’s reach. Marty Zwilling in Startup Professionals Musings offers a guide on how to set up your own website. With low cost tools, you can customize your site according to your needs and requirements. That, […] Small Business Workers Unprepared for RetirementUPI.com presented statistics from surveys by Nationwide Financial and the Harris Poll about the lack of a 401 (k) plan or similar employee self-funded retirement plan for small businesses. While majority of small business owners say having such a plan attracts qualified employees, they say that they find this too expensive to offer their employees. […] Small Business Borrowing Is UpReuters.com presented data from Thomson Reuters/PayNet Small Business Lending Index showing an increase in borrowing by small businesses. This bodes well for the economy as small business account for the largest share for new hires. There is also a drop in delinquencies, PayNet data shows. PayNet gathers data from over 250 leading U.S. capital equipment […] Selling Your Business – 6 Key Factors To Think About Before You SellMaybe you’re selling your business to retire or you’re handing over ownership to a successor. Or perhaps your business has become a financial burden and you feel it’s time to let go. Whatever the reason for selling your business, consider all your options, along with the benefits, consequences and costs. Preivously, we’ve discussed the most […] Tap-n-Go is Good for Everyone But Consumers, Retailers” I told you- good day I’m okay, bad day I’m okay. Stop bugging me on my feelings. They’re irrelevant.” – Lewis Zabel, “Wall Street: Money Never Sleeps,” 20th Century Fox, 2010 Joe Corzine, former head of MF Global, “misplaced” $1.2B of investors’ money but was certain it would show up. The EU stress tested […] Avoid This Big Mistake When Buying a BusinessThere are many tips for business buyers on buying a business. Most business publications have articles that serve as guides so a buyer avoids making costly mistakes. These articles dwell on the various stages or phases when buying a business – making the correct valuation of the business for sale, knowing why the business is […] Difficulties in Getting a Bank Loan to Grow a BusinessLiza Whiting, a graphic arts company owner, started with 3 employees and plans to increase this to 50 next year. To do so, she has to expand her business by buying additional equipment, but banks would not lend her the money. CBSNews.com reports that Liza’s credit score, like other entrepreneurs, dropped despite their on-time payment […] Long John Silver’s and A&W Headquarters to open in KentuckyThe new owners of Long John Silver’s, LJS Partners, and A & W Restaurants, A Great American Brand, in a press release by Gov. Steve Beshear, announced that their respective headquarters shall be in Kentucky. Said restaurants shall employ 60 and 30 people, respectively, the Courier-Journal.com reported. The Kentucky Economic Development Finance Authority gave the […] Tips to Protect Your Business Plan from Being StolenFoxBusiness.com published a write-up by Susan Schreter on how to go about presenting a business plan to prospective investors. One major concern of budding entrepreneurs is the possibility that their business idea may be stolen by people they turn to for financial support. Schreter listed three tips to minimize such occurrence. Q: I’m afraid to […] 3 Reasons Why Businesses Fail — and How to Start a BusinessJay Goltz, in an article in The New York Times, lists down the major reasons for business failure. He says that entrepreneurship is not for everyone. One has to have the drive, tenacity, perseverance and personality to be a successful entrepreneur. He also lists down tips in starting a business. If you are thinking of […] Google and Partners to Put Small Businesses OnlineAccording to Google, more than 60% of the nation’s small businesses have no website. To change this and at the same time to drive economic growth with tools and resources to get online, Google and partners are offering a free, easy-to-build website, among other things, for a year. Scott Levitan, Google’s director of small business […] Top Venture Capitalists Share Tips On PitchingPorter Gale, former Vice President of Marketing at Virgin America, asked top venture capitalists tips on how to pitch your company to a venture capitalist as worthy of investment. Among the DOs are to be forthright about the business, focus on the company culture, and to have a long-term vision for the company. This article […] Bleak Future For Start-UpsStart-up companies are finding it difficult to find money for the next level of their business. Every year, many start-ups do not make it to the next round. But this year, the situation is particularly bad … and next year they expect it to get worse. There is less cash to go around. Many start-ups […] Fatburger Franchise Opens In KoreaFastCasual.com reports the opening of the first Fatburger restaurant in Seoul, Korea. This is the first of ten locations planned for Korea by the franchisee SW Group Inc. Andrew Wiederhorn, Chairman of Fatburger, happily welcomed the franchisee into the Fatburger family. This restaurant chain offers lean beef burgers grilled right in front of customers. Fog […] Macworld / iWorld – It’s The Event, Not the Tradeshow2nd Event – While CES has a much wider array of Apple-centric products/solutions than this year’s Macworld/iWorld, the event was still an opportunity for the fans to see what all of the iTalk was about and to renew old acquaintances. If you spent a few days in SinCity for Macworld I (CES) to see the […] Are You a Serious Business Buyer?Individuals who want to buy a business contact business brokers and sellers. How will the latter know who among these are serious buyers? Who are the “time wasters”? If you meet the following list of criteria, you are a serious business buyer. · You know what you want. As a serious buyer, you know the type […] Try Franchising in 2012Those looking for a business to get into should try franchising. Franchises are doing better than most industries, and it has grown 40% over the past ten years. Steve Caldeira, CEO of the International Franchising Association, is optimistic that franchising will steadily grow in 2012 and beyond. Consider these favorable factors mentioned at TheStreet.om – available […] |
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