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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.
Disadvantages of Buying Businesses for Sale by OwnerBusiness for sale by owner, or FSBO, is an attempt by a business owner to sell his or her own company. While it is understandable that offers of this kind can easily attract a lot of interest, prospective buyers of FSBO should exercise a significant amount of caution; such an opportunity can often prove to […] Subway Strives To Keep Strategy FreshBRANDWEEK: From Domino’s sandwich launch and in-your-face ad campaign to Quiznos attacking at every price point, Subway has had more than its share of competition this year. However, the chain continues to see gains on top of the double-digit growth it experienced last year. Sales may be coming in $5 at a time, but that’s […] McDonald’s, Burger King Serve Up Premium Gourmet BurgersUSATODAY: It’s Friday night and Mehdi Hatim and his wife, Beverly, are doing something they’ve never done: having a dinner date at McDonald’s. It isn’t just the recession that lured the couple from nearby Vienna, Va. It’s also McDonald’s new Angus Third Pounder burger. At $3.99, it’s the most expensive burger the chain has sold, […] Anderson Plumbing Company Becomes FranchiseeIndependentMail.com: After two years as B&D Plumbing and Home Repair LLC, the family-owned company now goes by Mr. Rooter Plumbing of Anderson franchise. While the plumbing business still has the personal touch of a locally owned company, co-owners Bob and Danielle Beauregard like the national backing and training of Mr. Rooter. “The resources and support […] Marco’s Pizza Chooses PepsiTRADING MARKETS: Marco’s Pizza announced today that Pepsi will be its exclusive beverage provider as the pizza company looks to quadruple its current store count. Marco’s currently operates more than 190 stores in 17 states and plans to add more than 880 locations in the coming years. Under the terms of the agreement, Marco’s will […] FRANCHISING: New Submarina CEO Sees Value, Quality As Key To GrowthNorth County Times: Mimi Zeller, the new CEO of restaurant franchise Submarina, isn’t afraid to go the extra mile. In 1990, when Zeller landed her first job as a franchise operations director at Domino’s Pizza, her commute took her 110 miles up the California coastline —- one way. She spent so much time talking on […] Local Buffalo Wild Wings Franchisee Expanding ElsewhereDayton Daily News: The local franchisee for Buffalo Wild Wings Grill and Bar wants to open six of its sports bar eateries in South Carolina during the next four years. Construction began this week on the first restaurant in Columbia, S.C., which is slated to open in December, said John Slaughenhaupt , a partner in […] Cookie Man And Baskin Robbins Target VictoriaFranchising.net.au: Two food treat franchises within Allied Brands, Baskin Robbins and Cookie Man, have appointed an external company to handle their property searches and franchisee recruitment in Victoria as part of a major expansion into the state. Brand manager for both Cookie Man and Baskin Robbins, Jack Sakalis, told Franchising “We’re just trialling this in […] Spicy Pickle Completes Financing TransactionsFast Casual: Spicy Pickle Franchising Inc., the operator and franchisor of the Spicy Pickle and Bread Garden Urban Café brands, has completed two financing transactions, the company has announced. The first transaction was a private placement whereby the company will issue approximately 16 million shares of its common stock and warrants to purchase an additional […] Competition Herriman Jiffy Lube Team Shows It’s Among Nation’s BestSalt Lake Tribune: The Jiffy Lube crew in Herriman is best described as well oiled — a term that speaks to its efficiency and professionalism rather than the petroleum products the guys regularly put into the automobiles they service. Need proof? Consider this. A five-member team from the Herriman store recently captured second place in […] Five Guys Restaurant To Open In 2010KentNewsNet.com: A Five Guys Burgers and Fries restaurant is projected to open in Kent in early 2010. The eatery will take the place of the former Susan’s Coffee and Tea. However, Mary Nowinski, brand manager for Five Guys Enterprises, LLC, said this is only an estimated date. Nowinski said the franchisee, Wholesome Development, LLC, is […] Focus On Educating Your CustomersWhen customers are not buying, it’s very easy to take it personally, think the whole world’s against you and get very demotivated with the whole thing. And then of course, that makes the situation even worse – because customers can sense a mile off if you’re not happy and even though you desperately want more […] What’s Hot and What’s Not: A Six Step Process to Identify Promotional Opportunities to Target Your MarketAccording to the experts, new technology appears online approximately every two and a half seconds – and theoretically, every new application has the potential to transform your business. How do you know what’s worth your time and what’s a total time-waster? That’s a serious question, when you only have 24 hours in a day and […] 10 New Year’s Resolutions For a More Ethical, Ecological, Profitable, and Successful BusinessIn this age of business scandals, it’s crucial to remember that businesses based on ethics and quality actually work better. With that in mind, here are ten easy resolutions to inspire your business to achieve a very profitable 2008. 1. I will base every aspect of my business on honesty, integrity, and quality. 2. I […] 7 Reasons Why Ethics Helps Your Business Succeed – And 5 Easy Action Steps7. You’re much more likely to build a lasting business, and build it more easily 6. When your customers trust you, they come back again and again 5. It’s much easier to build joint-venture relationships that can exponentially grow your business 4. When your customers fall in love with the way you do business, they […] Hotel Companies Offering Help To FranchiseesHotel Interactive: Though they’re not giving up on standards entirely, the major brands are becoming a little more malleable with their expectations. And that’s not all the major hotel companies are doing to try to keep costs down as rates have plummeted an average 18 percent this year, according to Smith Travel Research. By all […] Melting Pot Restaurants Teams With Chef Chris Ponte For Two New Franchise IdeasSt. Petersburg Times: Melting Pot Restaurants Inc. will launch not one but two new restaurant concepts next year. Both are partnerships between Mark and Bob Johnston, the Tampa brothers who control the 142-store fondue restaurant chain, and Clearwater chef Chris Ponte of the popular Cafe Ponte. It’s an expanded role for Ponte, who has been […] Papa Bello Enteprises Moves To Acquire Kebab CafeBaltimore Business Journal: Papa Bello Enterprises Inc. said Thursday it has signed a letter of intent to buy Kebab Cafe, a California-based restaurant chain. Kebab Cafe has one location, in Westfield Mall in La Jolla, Calif. It plans to open as many as 10 corporate-owned restaurants in 2010. Financial terms of the deal, expected to […] Eat For Free On Your Birthday!MyFOXdetroit.com: In these difficult economic times, “free” has never been more appreciated. Recently, Jason Carr celebrated his birthday by eating free all over metro Detroit, and you can, too! How about a free, gourmet, Red Robin burger? “What we will do is send you out a certificate just before your birthday allowing you to… get […] Golden Spoon And EGS Announce Global Development ProgramBusiness Wire: Golden Spoon Franchising, the second-largest frozen yogurt chain in the U.S. and Southern California’s largest frozen yogurt chain, and Edwards Global Services (EGS), the leading global development management consultant firm to U.S. franchise companies, today announced an agreement for EGS to exclusively represent in markets worldwide. With Golden Spoon already operating units in […] |
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