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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.
Franchises for Returning SoldiersWhat is in store for soldiers coming home from Iraq and other foreign deployments? Will they join the long list of unemployed? Huffington Post says the International Franchise Association is encouraging veterans to try franchising. Franchisors believe that the discipline imposed in the military training of soldiers make the latter ideal for the franchise system. […] Herman Cain and Godfather’s Pizza in the NewsRepublican contender Henry Cain, according to All Business, is giving Godfather’s Pizza, his former company, free publicity. With the negative reviews from customers received by Godfather’s Pizza for its product, pundits say that the company’s pizza needs a lot of improvement to boost the chances of Cain’s candidacy. Do you think Cain’s candidacy will be […] Does a Franchisee Need a College Degree?You will be surprised to know that franchisors consider other factors more important than one’s level of education as far as a franchise business is concerned. Having a college degree does not ensure one’s success as a franchise owner. There are “transferrable skills” that the franchisor can teach an individual outside of a formal education. […] SBA Loan Volume at All-Time HighNetwork Solutions reported that the US Small Business Administration announced a record volume of loans in fiscal year 2011. This volume is the highest in its history. The first quarter of 2011 was also the most active single quarter ever for SBA-backed loans with over $12 billion. This is more than double any quarter in […] We’re Just Trying to Find Our Place in the World“I wouldn’t make a hasty decision. Nobody can make a snap decision. We’ve got to consider the pros and cons, make a list, and get advice.” – Frank Stark, Rebel Without a Cause, Warner Bros (1955) Since the mainframe days, people have complained that IT was slow to respond, slow to deliver, over budget. Unisys’ […] Franchises Compete for International ExecutivesBloomberg reports that restaurant chains like Domino’s Pizza, Dunkin’ Brands and KFC are looking at expanding their businesses overseas, especially in China where restaurant sales have risen significantly. Restaurant companies have been experiencing declined sales in the past two years here in the U.S. and are now looking outside of the US for more sales. […] 7 Negotiating Tips When Buying or Selling a BusinessA person buying or selling a business needs the temperament and correct negotiation skills to successfully close the deal. It used to be that people think you are a good negotiator if you push for what you want and you get it. This mentality is passé. Today, deals are made by parties willing to find […] 10 Things Business Sellers Won’t Tell You“Have you ever dreamed of owning your business and be your own boss?” the ad said. “Report to no one and make thousands of dollars in the process? Sign up now for our exclusive business opportunity. Success guaranteed.” There’s a hidden trend in the past 10 years or so. A trend unnoticed by the general […] Getting the Best Terms When Buying a BusinessYou have dreamed of owning a business. Now that you have found the right one for you, negotiate to buy the business. You do not want to end up with terms that can ruin your opportunity before you even take over the business. Negotiations will evolve so you must have an open mind and a […] How Top Management Views Performance Appraisal SystemsA survey of human resources professionals recently found a surprisingly high number of them lacked confidence in the effectiveness of their company’s performance-management system. Though 91% of respondents said their organization evaluates performance, only 47% said the process is effective. It gets worse. Only 47% of respondents said their appraisal system helps their organization achieve […] UK Company Accounts To Be OverhauledNew rules set out by accounting regulator, the FRC will soon force company accounts to include a report (from the audit committee) about the key risks a company faces, both strategically and operationally. Following a review of the current auditing system, the FRC have revealed that many audits fail to communicate key information about a […] 8 Tips on How to Value a BusinessValuing a business is a challenging aspect when buying a business. How can you arrive at the right price for a business for sale? Will you, the buyer, just rely on the asking price of the seller? In most cases, the seller wants a price higher than the real price of the business because the […] 4 Savvy Tips to Help You Take Online Training Courses EfficientlyIt is very different to take a course sitting in a classroom and to take one sitting in front of a computer. Elearning requires that learners supervise their own study schedule, and their progress is under their full responsibility. They are completely independent, and while in many cases this is a great advantage, it may […] 6 Advantages of Online Training Courses for LearnersEveryone wins with eLearning these days! Of course, eLearning is not the best option for every training need; some companies may require face-to-face classroom sessions to encourage discussion on very specific types of training. However, online training courses are becoming increasingly adaptable and very appealing to deal with many different kinds of training needs, because […] 12 Lucrative Advantages of eLearning Solutions for Your CompanyIf your company has been considering employing online training and development solutions, it is doing some intelligent planning. Here are 12 advantages eLearning solutions offer every company that gives them a try: 1. Fewer indirect costs Think of how much money your company can save if it does not have to pay for transportation and […] 6 Instances in which eLearning is the Best OptionToday, eLearning solutions are offering new ways to reach difficult audiences. It has been very convenient for many companies and individuals to have this option available to offer courses that, for one reason or another, were out of the reach of many before. Here we give you 6 examples in which an eLearning solution could […] Facebook … The Next Best Thing to Buy, LikeLike Me – If you’re an individual with a Facebook page, you like people to like you. If you’re a company or brand, you want people to really like you. But getting folks to hit the Like button is the beginning of a relationship you need to carefully nurture. People devote more time to social […] How to Investigate a Business for SaleBefore deciding to buy a business, do your homework. Your investigation must begin after drawing up a shortlist of potential businesses to buy. Use the Internet and social media to learn about each business prospect. Pose the following questions to people involved in the same business: Why is the owner selling the business? What is […] Employee Performance Management: Time to Reinvent the WheelPerformance-management systems are broken at the majority of companies in every corner in the world. By teasing apart results of a recent worldwide survey of HR professionals, we’ve seen how evaluations are viewed as a joke by employees, a waste of time by many managers and a non-actionable talking point by some senior executives. Even […] Performance Appraisals and Compensation: A Deadly MixPerformance appraisals are hated by employees, largely dreaded by managers and often described as ineffective by HR professionals. So why do organizations still engage in this annual exercise? The primary objective, cited by 66% of respondents to a survey by Sibson Consulting, is to distribute rewards based on individual performance. By comparison, just over half […] |
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