GlobalBX Entrepreneur Blog | Business Blog
Helpful Information for Buying, Starting, Running, and Selling a Business
This is a valuable blog resource from expert authors contributing key information on how to buy and sell a business, start and run a business, write business plans, and much more. This is the ultimate resource for business strategies and motivation for all entrepreneurs.

How to Find the Right Franchise for You

Getting into business on your own through a franchise may be your worst nightmare, or it can be the best decision and move you ever make.  The outcome can be determined before you even have a face-to-face transaction with the franchise owner.  You have to do your homework first.  An initial exploratory investigation using available […]

Read More

Subway’s New Directors of Operations and Training

Subway named Joe Chaves and Rebecca Audet as the new directors of operations and worldwide training, respectively, as reported at QSRMagazine.com.  Chaves will oversee the over 35,000 sandwich and salad chain.  “I am looking forward to supporting all of our partners by building on the brand’s great track record”, says Chaves.  Audet is in charge […]

Read More

The Financial Cost Of Unhappy People

Business owners know that they have to juggle two types of asset: their fixed assets, such as property – and people assets. While the former is a fixed cost, the latter is what drives profitability, and deserves most of your attention. Therefore, it is perhaps peculiar that Human Resources professionals find it so hard to […]

Read More

Top 10 Franchise Opportunities for 2012

Every year-end, a publication or media organization, a group or individual comes up with a “best or worst” list for the year that is about to end.  In the business world, two such annual ratings or rankings include The Top 10 Franchises by Franchise 500 and the 100 AllBusiness AllStar Franchises for 2012 by AllBusiness.com.  […]

Read More

Quit Your Job and Start a Business – 3 Rules for Startup Success

It is almost everyone’s dream – to have your own business, be your own boss, make your own decisions and control your time.  We hear or read about success stories of people who leave the corporate world, work on their dreams and rake in cash.  Is it that simple? First of all, you must have […]

Read More

How to Start a Business with Other People’s Money

John Warrillow’s article at StartupNation.com relates the experience of Michael Dell of Dell and Ross Slater of Highspot on their negative cash flow after their startups.  To solve their business financing problem, they required their customers to pay upfront upon placing their product orders.  By reversing the typical cash cycle, Dell was able to use […]

Read More

Franchise Industry Trends for 2012

An Entrepreneur.com article listed ten industries that show promise to continue going strong this year.  Some fields in the list had been lording it over for years while a few are gaining ground only in recent years.  Of the ten, three are children-oriented industries.  These are child care, children’s enrichment and tutoring. The 10 Industry […]

Read More

Small Business Employment Falls

The National Federation of Independent Business reports that U.S. small businesses laid off employees for the fifth straight month in October.  Employment fell by an average of 0.1 per firm from 0.3 in September. Reuters.com also disclosed that nonfarm payrolls increased 95,000 last month after rising 103,000 in September.  This finding does not augur well […]

Read More

Is Integrity Important to Business? Warren Buffett vs. Steve Jobs, Mark Zuckerberg vs. MySpace Analysis

One thing you often hear business gurus teaching is the importance of integrity. In order to succeed in business, you must honor your agreements. Your word is your bond. It seems to make sense – After all, business is all about trust. It’s about win / win arrangements between consumers and producers, between vendors and […]

Read More

Supplier Diversity is Necessary for Business Growth and Security

The past few years have been difficult and trying for Toyota Motor Corporation. In 2009-10, there were reports of errors in vehicles causing fatal accidents. Then, as they were beginning to recover from this, Japan was hit by an earthquake and a massive tidal wave. Plants in northern Japan were hurt and suddenly, Toyota’s supply […]

Read More

No One Leaves a Good Movie … Not Even A Company Movie

We now have two generations that have grown up with the internet and online content. It’s no wonder that this past June, 158.1 million people (68.2 percent of the U.S. internet users) sat through 6.26 billion viewing sessions. Online Viewing – The number of individuals watching video content online has grown dramatically in recent years; […]

Read More

Tips to Making Your Own Decisions When Buying a Business

Buying a business is a life changing undertaking.  You will be spending years of your life tied to the business – learning the ropes, refining its operations, improving the service or products, and operating it.  You have to do a lot of research, due diligence and soul searching before arriving at a decision to buy.  […]

Read More

Business 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 […]

Read More

Why You Should Start a Business Today

Working 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 […]

Read More

2012 Business Excellence Awards The Best Entrepreneurs

The 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 […]

Read More

How to Start an E-Commerce Business

Starting 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, […]

Read More

Small Business Workers Unprepared for Retirement

UPI.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. […]

Read More

Small Business Borrowing Is Up

Reuters.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 […]

Read More

Selling Your Business – 6 Key Factors To Think About Before You Sell

Maybe 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 […]

Read More

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 […]

Read More