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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.
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 […] Brookfield Acquires Prudential Real Estate and Relocation ServicesCanada’s Brookfield Residential Property Services has acquired Prudential Real Estate and Relocation Services, one of the country’s biggest real-estate agency franchisors. Prudential Real Estate affiliates shall continue using the Prudential brand, according to the news release published at USAToday.com. This addition establishes Brookfield as the world’s second largest employee-relocation services provider. It is present in […] Salsarita’s to Expand Across the Southeast“Things that are little become big,” Phil Friedman, CEO of Salsarita’s Fresh Cantina, told the KnoxNews.com, of his vision to expand the Mexican restaurant chain across the Southeast. The company, famous for its burritos, tacos, enchiladas and salads, has more than 80 locations and Friedman hopes to build more with better customer service and hospitality. […] Domino’s Sees More Online and Mobile OrderingAs Domino’s Pizza celebrates its 51st year, it announced more Web-based sales following its record-breaking online orders the week after Cyber Monday. The pizza chain surpassed the 1 million mark for the first time in its history. The Los Angeles Times reports that 30% of Domino’s sales come from online orders. Pizza is going more […] Nando’s TV Ad Pulled Out Because of ThreatsAllBusiness.com reports that Nando’s, a South African chicken chain with a number of franchises in Zimbabwe, has pulled out its ads because of threats of violence against its customers and employees. Militant youth groups in Zimbabwe sympathetic to dictator Robert Mugabe, says the company’s ad featuring a lonely Mugabe attacks the dignity of their leader. […] Facebook Fans …. From Like to Really LikeListen Up – You were told in school to keep your mouth shut, pay attention, listen, and learn. The same thing applies if you want to be the teacher’s pet and the most popular kid in school…listen to the community. You may have heard by now that folks spend more time on Facebook than any […] Small Businesses Hope for Lower Taxes in 2012Taxes are an important part and issue in running small businesses. Advocacy groups hope Congress will pass laws to simplify compliance and to lower taxes. Such measures will help small businesses create jobs and improve the economy. Much depends, too, on the outcome of the elections in 2012. Barbara Weltman enumerated tax trends for 2012 […] Just Baked Seeks More FranchiseesJust Baked, famous for its gourmet cupcakes, recently opened its commissary in Livonia. It is nearing its target to make 2 million cupcakes this year. Not only that. With four retail stores to open in Detroit this month and 5 more middle of 2012, the company is nearing its goal of 20 stores in southeast […] Yum! Brands and Domino’s Pizza Heads Among “Best Buzzed” CEOsPizzaMarketplace.com bared the New York-based marketing agency Zeta Interactive’s list of “best buzzed” and “worst buzzed” CEOs of some of the world’s largest companies. The list was culled using a software that scanned blogs and social media sites. Yum! Brands CEO David Novak and Domino’s Pizza CEO Patrick Doyle came in No.5 and 9, respectively, […] |
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