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GlobalBX Entrepreneur Blog | Business Blog
Helpful Information for Buying, Starting, Running, and Selling a Business
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3 Local Precision Tune Franchises CloseDayton Daily News: Three Precision Tune Auto Care franchises operating under bankruptcy protection by RPM Solutions, Inc., closed on Wednesday, Aug. 26, following the death of RPM’s owner and president. Work at those locations — 4439 N. Main St. in Dayton; 2625 Wilmington Pike in Kettering; and 4998 Springboro Pike in Moraine — was transferred to […] IHOP Opening In LancasterBusiness First of Columbus: An IHOP franchisee is making a move into Central Ohio with the opening of a Lancaster restaurant in the coming weeks. Terre Haute, Ind.-based Womack Restaurants said Tuesday that it plans to open an IHOP, or International House of Pancakes, at 1585 River Valley Circle N. in Lancaster this month. This […] SuperShuttle Acquiring Houston Operations From Franchise For Undisclosed SumSan Francisco Examiner: HOUSTON — Airport shuttle service SuperShuttle, a unit of French utility Veolia Environment SA, said Tuesday it was acquiring all its Houston airport transportation operations from its franchise Adams Systems LLC. The Houston business will be a company owned and operated SuperShuttle operation serving Hobby and Bush Intercontinental Airports, SuperShuttle said in […] Dunkin’ Sues Franchisees For ‘Easy Dough’New York Post: Dunkin’ runs on lawsuits. Beyond coffee and pastries, critics say Dunkin’ Donuts has come up with another way to make a profit: Pressure franchise owners into paying hefty penalties and legal fees. In an unusual tactic for the franchise industry, Dunkin’ pushes operators to pay penalties and sell their stores or face […] Carl’s Jr. Opens First Restaurant In Shanghai, ChinaYahoo! Finance: CARPINTERIA, Calif.–(BUSINESS WIRE)–CKE Restaurants, Inc. (NYSE:CKR – News) today announced the opening of its first Carl’s Jr.® restaurant in Shanghai, China. This marks the first of more than 100 Carl’s Jr. units planned in the municipalities of Beijing, Shanghai and Tianjin, and the provinces of Zhejiang and Jiangsu over the next eight years. […] NZ Town Bans Students From McDonald’sNZ Herald News: McDonald’s might have made it to Gore but high school students will have to wait until outside of school hours for a feed – unless they a have a pass. The Southland Times reported that the town’s two secondary schools – Gore High School and St Peters College – had asked that […] How Much Does a Little Caesars Franchise Cost?Pizza Pizza Is Good Good In 1959, Mike and Marian Ilitch opened their first pizza restaurant in Garden City, Michigan. The establishment also served Italian staples such as spaghetti, as well as fried chicken. But pizza was the top seller, by far, and the owners soon recognized where their future lay. They opened a second […] Ten Richest Canadians – How Did They Get So Rich?Billionaires From the Frozen North Any annual listing of the world’s richest people invariably conjures up many of the same names from one year to the next. Yes, Warren Buffet is on there, and so is Bill Gates. Ho hum. But the average American-centric observer usually fails to recognize the wealth and entrepreneurial spirit that […] Church’s Chicken Expands In Middle TennesseeThe Tennessean: Calling the recession a good time to expand fast-food businesses, officials of the Atlanta-based Church’s Chicken chain say they’re bullish on the Nashville market in spite of the economic downturn. And they’re confident that 23 newly acquired Mrs. Winner’s Chicken & Biscuits locations in the area will turn out to be a good […] The Melting Pot Restaurants Win Big For Fine WinesReuters: Kendra Shier, vice president of brand development for The Melting Pot restaurants, today announced that The Melting Pot was named by the California Restaurant Association as the Best California Wine List of any national restaurant chain with 10 or more units. “Our deepest congratulations to all of the winners,” said California Restaurant Association President […] Win A Franchise With Mr. GreekMarketing Magazine: Mr. Greek has come up with its own economic stimulus package. The Toronto-based quick-service chain is planning to waive its initial franchise fee of about $35,000 for one new franchisee as part of a new contest. Vicki Raios, director of franchising and corporate communications for Mr. Greek, said the company is running the […] Developer Tied To Yogen Fruz Moves HQ To ChiliRovNow: The real estate developer who last year purchased the upstate New York franchising rights for the frozen yogurt chain Yogen Früz has moved his headquarters from Florida to Chili. George Traikos, whose Traikos Real Estate Group is also involved in redeveloping the historic Academy Building on Fitzhugh Street and the James Cunningham, Son & […] 7-Eleven Unveils New Concept Stores In AustraliaConvenience Store News: 7-Eleven Stores Australia unveiled two pilot food stores in Melbourne and Sydney and plans to roll out a new food-focused convenience store concept across all 7-Eleven stores in the country, according to a report by Franchise.net. The new stores will offer a range of 45 new freshly prepared food items, developed with […] A And W Grants First Multi-Site Development Agreement In OntarioOnline Stock Trading Investing Day Trading: A&W Food Services of Canada Inc. is pleased to announce it has awarded the company’s first ever multi-site new restaurant development agreement in Ontario. The agreement was awarded to existing franchisees Upinder Dhanoa and Sandy Gill and calls for the development 12 new A&W restaurants in the Hamilton, Burlington […] H And R Block Will Convert 500 Company Offices To FranchisesThe Business Journal of Milwaukee: H&R Block Inc. plans to sell a pool of 500 company-owned offices, converting them to franchises throughout the fall and winter. Kansas City-based H&R Block (NYSE: HRB) hopes to target entrepreneurs already operating in or interested in the tax business. “H&R Block believes that success will be driven through a […] McDonald’s Accelerating its Expansion in IndiaWall Street Journal: MUMBAI — McDonald’s Corp. plans to bring the Chicken Maharaja Mac to more of India. While much of India’s retail sector is struggling, McDonald’s has been largely unaffected by the slowdown and is planning on accelerating its expansion on the subcontinent, according to Amit Jatia, chairman of McDonald’s in western and southern […] Subway’s Value Meals Are A Hit For EveryoneFranchise Times Magazine: Jim Underwood, owner of eight Subway stores in Alabama, was a bit hesitant when his franchisor first introduced $5 footlong subs more than a year ago. Lower prices make the franchisee’s job tougher because they’re the ones who have to squeeze a profit out of those lower prices. Underwood isn’t hesitant anymore. […] Coldwell Banker Sues StuckyThe Newton Kansan: A civil suit has been filed against former Newton real estate agency Stucky and Associates Realtors and its owner Frank Stucky for more than $600,000 in fees and loan payments. But the owner said he disputes the allegations and intends to file a counter-suit. Coldwell Banker Real Estate Company has filed a […] Do Your Own Business Valuation – Part 2: Defining the ValuationA valuation is based on a hypothetical sale of the company, so two critical issues need to be well defined from the beginning – 1) exactly what is being sold (valued), and 2) who is the most likely buyer. What is Being Valued? Businesses are generally sold in two types of transactions – asset or […] Most Powerful Women in Business 2009Women in the Boardroom, and Beyond Over the past several decades, women have gained a far more prominent position on the American business scene. Once relegated to roles of subservience, as viewers of the AMC television series “Mad Men” can attest, female corporate executives have continued to assert themselves in boardrooms across the country. The […] |
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