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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.
McDonald’s Rolls Out Espresso Drinks In Southern ColoradoColorado Springs Gazette: McDonald’s, which is already faring well in the recession, is hoping to brew up even more business with its new espresso-based McCafe coffees. The fast-food chain began gradually rolling out the new beverage line, which includes cappuccinos and iced and hot lattes and mochas, in late 2007. Now the espresso drinks are […] California Pizza Kitchen Opens First Restaurant In Guadalajara, MexicoFranchising.com: California Pizza Kitchen, Inc. (CPK), home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, opened its sixth location in Mexico today. The new restaurant, another opened by CPK franchise partner Grupo Calpik, S.A. de C.V., is the first to open in Guadalajara. […] LA Weight Loss Settlement Is $200,000Statesman Journal: Settlement of a state lawsuit against LA Weight Loss will provide $200,000 for refunds to Oregonians who bought services and products from the now-defunct diet-center chain, Attorney General John Kroger said Monday. Consumers who think they are owed refunds should contact the attorney general’s office, Kroger said in a news release Monday. Kroger’s […] Papa John’s Waives Fees To Spur ExpansionLouisville Courier-Journal: Hoping to expand its pizza empire in a recession, Papa John’s International said yesterday that it will waive royalty fees for a year for franchisees who open new restaurants in the coming months. The Louisville-based company also will waive the initial franchise fee, worth $25,000, for investors who open a location by Dec. […] McDonald’s Squeezes More Profit From Revenue DropCHANNEL NEWS ASIA: Fast-food leader McDonald’s said Wednesday it pumped up first-quarter profit by four percent to 979 million dollars, despite a 10 percent decline in worldwide revenues. The US-based hamburger maker did get a lift from a one-time gain from the sale of a stake in the Redbox DVD rental unit, but also said it boosted […] Buffalo Wild Wings Adding 20 OC LocationsOCRegister: Buffalo Wild Wings, one of the strongest fast-food brands in the country, is expanding out west with plans to open at least 20 restaurants in Orange County. “California is the last frontier (for the chain), outside of Hawaii and Alaska,” said Orange County franchisee Randy Yamamoto. The first O.C. Wing joint is expected to […] A Fruitful Convergence Builds Ace Place In AtlantaAtlanta Journal Constitution: At a time when retail vacancies are soaring, Ace Hardware, the largest independent hardware chain in the nation, is making a major play in metro Atlanta. The “helpful hardware place” is opening four stores this year in Home Depot’s headquarters town, after opening four stores last year. “Atlanta seems like it’s always […] Subway Expands NetworkBangkok post: Subway Restaurants, the US fast-food chain, plans to expand its Thailand network to 100 outlets by the end of 2011. “We will move to the next level. And this time it won’t feel like we’re climbing a wall with our bare fingers, unlike when we started,” said Greg Lange, the majority shareholder in […] Company Negotiates To Reopen Denny’sWatertownDailyTimes.com: G.B. Restaurants, higley, Ariz., is negotiating to lease the now-closed Denny’s location at 1142 Arsenal St. with owner Cnl Net Lease Funding 2003 LLC, Orlando, Fla. G.B. Restaurants is owned by Glenn A. and Tina M. Beattie. They operate 33 Denny’s franchises, many in new york. “We are not quite to the finish line […] Krispy Kreme To Slow Down In Opening New BranchesBusinessWorld Online: The real American Doughnut Co., Inc., the local franchisee of doughnut chain Krispy Kreme, does not expect to match last year’s sales growth as there would be fewer new stores this year, but expects to return to profitability after incurring losses in 2008. In a telephone interview, Carolyn T. Salud, president of Real […] Yoshinoya Opens Four New SoCal StoresQSR magazine: Yoshinoya, one of Japan’s most respected restaurant companies and a global brand with more than 1,400 worldwide locations, today announced the opening of four new restaurant locations in Southern California. These new locations express the brand’s dedication to their heritage and tradition, as well as showcase the latest brand innovations, technology, and customer […] Franchise Sales Veteran Roy Billesbach Joins Molly Maid As Development ManagerFranchising.com: Service Brands’ Vice President Alex Roberts announcement that Roy Billesbach was named a franchise development manager for the Molly Maid brand. Roy most recently was national business development manager for Units Mobile Storage in Miami Beach, Florida. Before that he held executive-level franchise sales positions with V2K, Navis Logistics, The Alternative Board, GMAC Home […] Panera Franchisee Helps Out TeensBizjournals.com: The central Florida Panera franchisee is partnering with the Foundation For Foster Children to train and hire local foster youth. Panera will train and employ foster youths who want a job and more than 30 teens have already expressing in interest. Winter park residents Annette and Gavin Ford own 53 Panera franchises in Florida, […] National Minority Franchising Initiative Names FastSigns To Top 25 Franchises For HispanicsWide-Format Imaging: The National Minority Franchising Initiative (NMFI) has compiled its annual list of the Top 25 Franchises for Hispanics. Carrollton-based FastSigns International Inc., franchisor of FastSigns sign and graphics centers, was selected by the NMFI to the #12 spot on the list. The results were published in the April issue of PODER (”ability” or […] Teriyaki Experience Coming To AreaBizjournals.com: Teriyaki Experience plans to break into the orlando market beginning this summer. West palm beach-based Mangiasumo Foods LLC, the Ontario, Canada-based asian restaurant chain’s area developer for most of Florida, has three signed lease deals under two different franchisees in central Florida and a fourth in the works. A 1,600-square-foot eatery at university commons, […] Regional Franchise Development – May The “Fours” Be With You – Part 1 of 9It’s not for everyone to be sure. In fact, it’s for very few. Estimates range from 3-5% of all franchisors use this method of growth as a corporate strategy. Maybe, only about 15% even should consider it. However, when the right franchise concept, with a dynamic business model and strong unit economics embrace it… it can be […] Should You Accept Feedback In Your Business?This morning I received an email from a contact of mine. It went something along the lines of “Just listened to your new audio. I have some feedback if you are interested.” Oh dear, I thought. That doesn’t sound good. I’m pretty sure that if the feedback was positive, the email would have sounded like another email […] 10 Richest Americans – How Did They Get So Rich?Americans are obsessed with Top Ten lists as well as with money. What better way to satisfy their cravings than to combine the two? While fortunes may rise and fall from one year to the next, the list of the ten richest Americans—as measured by Forbes magazine—has remained fairly stable for quite some time. No […] How Do You Evaluate A Franchise Business?What is a Franchise? One of the easiest ways to start your own business involves buying a franchise. Successful companies sell or lease their business concepts to individuals or groups, thereby allowing someone to capitalize on a well-recognized brand name. Every industry from fast-food restaurants to cleaning services to child daycare is chock full of […] How Much Does a Starbucks Franchise Cost?The Retail Coffee Giant On the TV show “The Simpsons,” one gag shows Bart passing multiple Starbucks coffee shops as he walks through a shopping mall. After reaching the store where he wants to have his ear pierced, he’s told, “Better make it quick, kiddo. In five minutes, this place is becoming a Starbucks.” The […] |
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