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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.
Chili’s Restaurant At American Airlines Center Abruptly Closes After Dispute Between Franchisee, LandlordDallas News: The operator of the Chili’s Grill & Bar at American Airlines Center hastily closed the restaurant down late Thursday, less than two weeks before the Dallas Stars’ preseason opener. Base Holdings LLC, a company launched by entrepreneur Gilbert Aranza, shuttered the 10-month-old restaurant, removing furniture and equipment, after an ongoing dispute with Center […] 10 Ways To Cut Your Training BudgetThis may not be the first time that your CEO has sliced your training budget and I am sure it will not be the last. If you already run a lean and mean training function, then congratulations on your efforts. You may find, though, that your previous good management will not slow the CEO from […] Achieving Goals: A Process ApproachWe all want that sense of achievement that comes with reaching our goals. Whether we are working for ourselves or working within a larger organization, we get a deep sense of satisfaction when we accomplish what we set out to do. Some people seem to achieve their objectives without much effort. Others never quite seem […] Leading Workplace Change In Six StepsMany organizations muddle through change. How is your organization progressing at implementing that new accounting system or moving to a new employee performance management process? Are your managers nodding approval in public but sabotaging the initiative in private? Are your employees shell-shocked and just giving up? Do you have no money left over for post-implementation […] Advantages of Buying Businesses for Sale by OwnerBusinesses For Sale By Owner (FSBO) Existing businesses are being sold all the time, but many sellers elect to use the services of a business broker. This saves them time and effort, although a broker – no differently than a Realtor in the housing market – is paid a fairly substantial commission for handling the […] Does Marketing Work?I was at a networking event the other day, explaining to someone what we did. In response, I received a smile back and the comment “well, marketing doesn’t really work anyway does it?” Interesting question! And I can completely understand why he said that. For a lot of small business owners, that’s exactly what they […] Get a MBA or Buy a Business?Buy Business, Profit Now – Get MBA, Profit Later? Recent college graduates and those contemplating the completion of their studies in the near future – specifically those majoring in business – are often torn between two disparate choices. The question asked most often is, “Should I stay in school and earn my MBA (Master’s of […] Chicken Wing Restaurants Expand In SacramentoSacramento Bee: Parts is parts. But who would have thought the most meager part of a chicken – the lowly wing – would become the star of a burgeoning trend that gobbles up 2.55 billion pounds a year? “It’s amazing to say we built this concept on nothing but chicken wings, but we have. That’s […] Submarina California Subs Gets New CEOQSR Magazine: Submarina California Subs today announced the promotion of Mimi Zeller to president and CEO effective immediately. Before joining Submarina as COO in 2006, Zeller began her career in franchising more than 23 years ago at Domino’s Pizza where she oversaw operational aspects including unit-level sales growth and profitability, marketing, new product development, royalty […] Restaurants Look Beyond Chicken FingersWall Street Journal: Restaurants trying to get more families to dine out have a new recipe: Get rid of the French toast sticks. Put more broccoli and carrots on the menu. Let the kids eat free. The industry is scrambling to counter a tendency by recession-pinched parents to leave their children at home when they […] Lions Tap Embroiled In Burger Battle With McDonald’sEden Prairie News: A popular local hamburger joint has a beef with McDonald’s, one so big it’s taking on the industry Goliath for trademark infringement. Lions Tap filed a lawsuit against McDonald’s in federal court on Aug. 28, claiming the fast-food giant stole its trademarked logo, “WHO’S YOUR PATTY?” Bonnie Notermann of Shakopee, who has […] Vets Get Discounts On 7-Eleven FranchisesDaytona Beach News-Journal Online: The 7-Eleven Inc. convenience store company is discounting its franchise fee for the first time in a new program for qualified retired military veterans. Qualified veterans who become first-time 7-Eleven franchisees will receive a 10-percent discount on the initial franchise fee for the first 7-Eleven store franchised. The discount can range […] PMD Nearly Ready With Franchise ModelFurniture Today: COLUMBUS, Ohio — A few months later than expected, PMD Furniture Direct says it is weeks away from the rollout of its new franchising organization. PMD Furniture Direct is the franchise company that Jeff Hosking, president and CEO of home furnishings retail network PMD, or Power Marketing Direct, announced plans for in January. […] Genghis Grill Sponsors Mongol Rally To Raise Money For CharityPR Newswire: Genghis Grill – The Mongolian Stir Fry is well-known for its fresh, hot and healthy food, for its style of fun service, featuring build your own bowl – an INTERACTIVE style of exhibition cooking modeled after a centuries-old legend. According to this legend, 12th century Mongol warriors, led by the mighty warrior GENGHIS […] Gamer Doc Video Games Going StrongFranchising.com: Gamer Doc, the retail video game store franchise that delivers a new and interactive customer experience, is going strong in 2009. The first Gamer Doc store in Raleigh, North Carolina recently opened for business, and franchises have been sold in Cherry Hill, New Jersey and Grand Rapids, Michigan, which are scheduled to open later […] Victoria’s Secret Tries On Airport Stores As Part Of Global PushColumbus Business First: Victoria’s Secret model Adriana Lima can finally buy the lingerie she hawks in her native country. Brazil, which has been fertile ground for Victoria’s Secret models, now has its first Victoria’s Secret store, but it isn’t the sprawling mecca to intimates that U.S. shoppers are accustomed to seeing. Columbus-based Limited Brands Inc. […] Buying an Existing Business vs. Starting My Own BusinessYou are an entrepreneur … or small business owner … or aspiring small business owner … and you want a new venture. Do you buy an existing business? Do you start your own business? Buying an existing business can be safer than starting your own business from start-up. Business startups unfortunately have a fairly high failure […] The Pros Cons of Working & Playing in the Clouds“I was just wondering if you wanted to chase this tornado, or if you just wanted to catch the next one.” — Beltzer – Twister (Warner Bros, 1996) Larry Ellison (Oracle’s CEO) was right! The computer / communications industry is really just a huge fashion industry. When Grace Hopper (the Navy’s computing genius) couldn’t explain […] Improving Business Performance By Creating High Performance TeamsAs a manager, executive or business owner your top priority today is exceeding company goals. You can’t do it yourself, so the best way to exceed your goals is to have what we call “High Performance Teams” working for you. Your goals may include growing your business, increasing revenue, improving business efficiency, doing more with […] Wahoo’s Fish Taco: 100 Units In 5 YearsOCRegister: Marking a major strategy change in its 20-year history, Wahoo’s Fish Taco has halted plans to build company-operated restaurants. Instead, it will focus on franchising. The Santa Ana-based chain, founded in 1988, has hired Tom Orbe to lead a major franchising effort. Orbe, who owns a Wahoo’s in Temecula, said Wahoo’s wants to build […] |
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