GlobalBX Entrepreneur Business Articles - August 2012The Role of a Lawyer in a Business for SaleSome business buyers buy a business on their own. That is fine, considering the availability of legal business forms and templates. Others, like you, are wiser and more cautious. You want to lower your risk by hiring professionals, which could include a business lawyer, an accountant, a business broker and a property appraiser. They each […] What To Expect When Selling Your CompanySelling your company is very complicated and demanding of your time. David Lonsdale in an Inc.com article provides some tips on how to go about this difficult process. He says the seller or business owner should be patient and remain focused in running the business. How can the seller do this? Hire experienced professionals such […] Domino’s Opens 5,000th Store Outside U.S.Domino’s Pizza Inc. announced the opening of its 5,000th store outside of the U.S. last month. Celebrations of this milestone are to take place in Rio de Janeiro, Brazil; Cologne, Germany; and Penang, Malaysia. PizzaMarketplace.com reports these markets are the fastest-growing in the pizza chain’s global system. In the U.S., Ritch Allison, Domino’s Pizza executive […] Chick-fil-A Boasts Of Its Family EnvironmentChick-fil-A has about 1,600 restaurants in the U.S. Although some fast foods experienced slump in recent years, Chick-fil-A showed continuous growth. In 2011, it posted $4 billion sales. The chain focuses on family and community. “With the shift in the economy, some of the people who were going to sit-down restaurants with their families came […] Which Small Towns are Best for Business?The advances in technology have made it possible for small business owners to live outside of big cities. People can now work anywhere and anytime because of the Internet. “Boomtown, USA” author, Jack Shultz, gave OpenForum.com his take on the best small towns for business. His choices have populations of less than 100,000. Among these towns […] Businesses Proud Of Their B Corp Stamp Of ApprovalBusinesses that achieve B Corp status say the process is time-consuming and extensive, but they are reaping the benefits of being B Corp certified. B Lab, a non-profit organization, created a unique prestigious qualifying business structure for entrepreneurs since 2007. The B Corp businesses have to meet high standards in labor or employment policies, environment […] Staying In Touch Is Great … Except When It’s Not“You all say the nicest things. You’re so great, you’re so nice, but none of you want to date me!” – Jude Harrison, “Instant Star,” Epitome Pictures (2004) The Twitlympics has been almost as exciting, interesting, breathtaking as the event the IOC (International Olympics Committee) put on in London. But judging was mixed, tough and […] Your Cheat Sheet for Buying a BusinessWhen buying a business, you are buying its future based on its past performance. Your decision to purchase a business for sale will affect your life style and finances. A cheat sheet can minimize your risks and uncertainties. 1. Which business opportunity matches your knowledge, experience and passion? Is the business for sale profitable? Is […] We Like to Make Loans, says Bank of AmericaBarry Moltz in American Express Open Forum talked to Robb Hilson, Small Business executive with Bank of America, on the current state and relationship of big banks and small businesses. The Small Business Owners Report, a survey conducted by Bank of America, revealed the optimistic outlook of business owners next year. The bank’s lending to […] Better Sales through Lead ManagementOn the Internet, content is king. If you expect to throw up a dummy site and start raking in the dough overnight, then you’re in for a rude awakening. Seems that, as advanced as we’ve become with technology, the “want it now” mentality is a hard one to shake in the area of sales. But […] How To Get Business Financing From The SBAThe U.S. Small Business Administration has various loan programs that provide business financing for small businesses. It particularly caters to new and existing small businesses that are unable to secure business loans from lending institutions on their own. In the mid-90s, loan guarantees amounted to about $10 billion. By the 2000s, this has grown to […] Starting a Business Cheat SheetSmall businesses have grown since the recession. In the past few years, the nation has seen the highest number of new startups. We also have a historic number of small business failures. Would-be entrepreneurs could very well use cheat sheets to steer them through their business ventures. A business cheat sheet is a business-planning checklist […] Growth Of Franchise Businesses – Franchise Lending Is Up Compared To Last YearFranchise lending is up about 6% from May 2011 to May 2012. QSRWeb.com gathered this information from the monthly Franchise Lending Index of the International Franchise Association (IFA) and BoeFly. BoeFly is an online marketplace accessed by lenders to find franchise borrowers. Its data is collected from over 2,200 lenders in the country. Some of […] How to Protect Yourself and Your Business from Being SuedJennifer K. Halford, Esq. in her blog enumerates mistakes commonly made by business owners concerning lawsuits. She gives tips on how to avoid irreparable consequences of lawsuits. A lawsuit is very damaging to the business and may be even to your personal assets. Litigation is costly and time-consuming. Protecting yourself from being sued starts in […] Best Franchise Awards – The Search is On for the Best UK FranchiseSmith & Henderson announced the search for the Best Franchise in UK. The Best Franchise Awards is a cut above other such awards because it is the franchisees that choose the winners. Franchisees choose which among the franchise systems is the best, which they recommend, and which has the best training and support. They also […] Web Sites Are Built for Visitors … Not Designers“‘The water sleeps until the great snake.’ These aren’t just drawings, they’re directions. Get me a map!” – Indiana Jones, “Indian Jones and the Kingdom of the Crystal Skull,” Paramount, 2008 We love buzz words. You know, innovation…marketing ROI (Return on Investment)…social media…branding…positioning…differentiation…segmentation. Yeah, they’re all cool; but do you know the words we like […] What Businesses Can Learn From Madonna And Lady GagaMadonna and Lady Gaga are two of today’s music icons. They rake in millions of dollars through their music. What can small business owners learn from how they handle their careers? Rieva Lesonsky at OpenForum.com names seven valuable lessons from them. Lesonsky says you have to nurture your loyal customer base. As your business grows, […] Tips on Investing in a FranchiseIn his article at Bbpinc.com, Ed Teixeira equates an investor as someone who is not involved in the day-to-day operations of a business. Such arrangement is apt for a franchise where, aside from the efforts of the franchisee, the success of the business relies on the support and operations system developed by the franchisor. As an […] Krispy Kreme Is GrowingKrispy Kreme celebrates its 75th birthday on July 13. With this celebration are reminders not to commit the mistakes of the past. Top executive Jim Morgan said at its annual shareholders meeting that Krispy Kreme’s potential “is greater than anyone in this room can understand.” Krispy Kreme experienced major loses from 2004 to 2010. Winston-Salem […] Online MBAs: Mobile Education for Tomorrow’s EntrepreneursThe web is ground zero for the entrepreneurs of tomorrow. It’s the ideal space for great ideas to flourish and for ambitious individuals to realize their dreams of running a successful business. Every day sees the new formation of a tech startup or some web-based business with the goal of cornering the ever diversifying internet […] |
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