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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.
Employee Life CycleThe Employee Job Life Cycle describes the evolving quality, productivity and job retention of typical employees throughout the process of hiring, employment and then termination. An employee life cycle is the steps the employees go through from the time they enter a company until they leave. Often Human Resources professionals focus their attention on the […] Forbes Ranks Kumon No. 1 Low-Cost FranchiseBusiness Wire: Kumon, the world’s largest after-school education company, ranks No. 1 in Forbes magazine’s list of Top 20 Franchises to Start. The franchise attracts people who value education and aspire to help children build confidence, independent learning skills, and a strong foundation in math and reading. Operating for more than 50 years, the franchise […] Carl’s Jr. Serves Up New Burger Via YouTubeQSR Web: Eleven-year-old Elliot Srikantia is the perfect example of what Carl’s Jr. aimed to achieve with its recent viral “How I Eat a Burger” campaign. Srikantia is a fan of one of the YouTube stars the company asked to promote the chain’s new Portobello Mushroom Six Dollar Burger. But the Shaker Heights, Ohio, resident […] DQ Franchisee Not Bowing To PCI ChallengesQSR Magazine: PCI compliance has become an issue of great concern for quick-service restaurants within the last year. Roundtable Corporation, a multiunit Dairy Queen Franchisee, faced several challenges because of these numerous components required for PCI compliance. Roundtable’s IT department felt it was in their best interest to let SecureConnect manage their Internet security and […] First Pinkberry In Dallas Will Open At Preston And RoyalPegasus News: DALLAS — Dallas’ Preston Royal Village will be the first US location of Pinkberry to open outside of the California and New York Markets. “Preston Royal Village represents the heart of Dallas. This prominent location has been thriving for over 50 years and will continue to be a vital part of the Dallas […] Pizza Inn Works On Recipe For ComebackTradingMarkets: In overhauling its image, Pizza Inn is working the nostalgia card to revitalize the 51-year-old chain, bringing back checkered tabletops and breathing life into its discarded mascot Jo Jo, a dough-flipping, mustachioed cartoon chef. Not all memories at the chain are happy ones. But the business may have survived one of the restaurant industry’s […] Pizza Hut Franchisee Talks About Company’s ChallengesDallas News: The largest Pizza Hut franchisee told analysts Monday that the company does not expect a rebound in same-store-sales until late this year. Jim Schwartz, president and chief executive of NPC International Inc., said he was disappointed and “frankly frustrated” with the company’s 12.6 percent drop in same-store-sales from continuing operations for the quarter […] On Restaurants Pizzerias Ready For College DoughThe Columbus Dispatch: Pizza shops are warming up their ovens, eagerly awaiting Sept. 22, the start of fall quarter at Ohio State University. The Columbus Papa John’s franchisee has scored the biggest coup, opening an outlet at Lane Avenue and High Street, just up the street from locally based chain Donatos Pizza’s shop at 2084 […] Payless ShoeSource To Enter Russia In 2010Reuters: * Says to expand Payless into Russia in 2010 * Says will open at least 90 stores in 5 yrs * Says will open 5 stores in 2010 * Says to open 300 stores in Russia in the long run Sept 1 (Reuters) – Collective Brands Inc (PSS.N) said on Tuesday it planned to […] Blenz Coffee At Granville And Davie Re-Opens With High Style, High Traffic, And High EnergyPR.com: New Blenz franchisee Frank Scott has joined his partner Sunny Bhayana to operate the 24 hour Blenz Coffee location. Friends and neighbours toasted the store’s suave new store design with free signature beverages and treats at the high-traffic corner coffee shop. The celebration attracted a large crowd of people while club style top-40 music […] Starbucks Says “Oui” To French ExpansionWall Street Journal: PARIS — Starbucks Corp.’s top international executive said the chain plans to continue expanding its modest presence in France after striking a deal to take full control of the country’s operations. In France, “there is a tremendous opportunity because of the availability [and] quality of real estate for us to continue an […] McDonald’s Ordered To Pay $28 MillionBrisbane Times: El Salvador’s Supreme Court has upheld an order requiring fast food chain McDonald’s to pay $US24 million ($28 million) in damages to a franchise owner who says his contract was unfairly terminated. The court “confirmed what the second civil court ordered in December 2005”, a Supreme Court source said. The ruling favours former […] Cartridge World Continues To Ink Record SalesdBusinessNews: As more and more consumers are realizing the value of refilling and recycling ink cartridges, Cartridge World franchisees are reaping the benefits. The world’s fastest growing ink and toner refilling retailer is reporting double digit increases in same-store sales for the sixth consecutive month, with domestic same store sales increasing 16.3% for Quarter Two […] Franchise Index Recovers Losses For 2009Tampa Bay Online: An index that tracks publicly traded companies engaged in business format franchising has recovered the losses it recorded earlier in 2009. The Rosenberg Center Franchise 50 Index had climbed 11.1 percent by the end of the second quarter 2009 with widespread gains in 40 of 50 components, some in excess of 100 […] Red Mango RevolutionQSR Magazine: A look at how one young frozen-yogurt brand plans to make it to the top. “I’ve learned more about yogurt in the last six months than I’ve ever known in my life,” laughs James Franks, vice president of franchising for Red Mango. Franks is fresh off a franchising event in Washington, D.C., and […] Big Mac’s New MenuBusiness Standard: McDonald’s cuts prices of extra-value meals to graduate from just a ‘snack joint’ to a lunch & dinner destination. At a time when food prices are going through the roof, Big Mac is calling you for lunch and dinner that cost 25 per cent less than what you paid yesterday. Beginning today, the world’s […] Starbucks Bracing For Tough Consumer RecoveryCNNMoney: Starbucks Corp. (SBUX) is planning for a drawn-out recovery in consumer spending, but believes it has right-sized its once high- growth business model with more than half a billion dollars of cost cuts. “We have shaped our plans assuming there’s a long recovery here and takes a while for the consumer to come around,” […] Lone Star Baby And Kids Acquires USA Babyemediawire: Nearly one year ago USA Baby, Inc. was forced into an Involuntary Bankruptcy. This past July, CCLP the primary secured creditor acquired the Intellectual Property and assets of USA Baby through a foreclosure sale. Details of the Lone Star Baby & Kids acquisition were not immediately available. Michael J. Schaul, President of Lone Star […] Pizzeria Franchise Incentives Spur DevelopmentPizza Marketplace: For those interested in getting into the pizza business, there may be no better time than the present. A number of pizza chains are offering discounts on franchise fees or royalty payments as a way to fuel growth and attract quality operators. In July, Marco’s Franchising LLC, which operates Marco’s Pizza restaurants, launched […] Roark Adds Pet Valu To The FoldAtlanta Business Chronicle: Roark Capital Group completed its $131 million deal to buy Canada-based pet food and pet supplies retailer Pet Valu. Markham, Ontario-based Pet Valu had $208.4 million in system sales across 356 franchised and corporate stores in Canada and the United States. The deal is Atlanta-based Roark’s 15th franchise investment and the second […] |
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