Business News Articles For Entrepreneurs & Small Business OwnersKFC is not amused with Obama Fried ChickenThere is a saying, “Imitation is the best form of flattery”. But this is not always the case. In an article posted in All Business, some Chinese university students parodied KFC with their Obama Fried Chicken restaurant. Their logo, featuring President Obama and Colonel Sander’s bow-tie and apron, created furor among Americans and KFC. KFC […] Franchise Leaders Want Government Out of the WayFranchise leaders led by International Franchise Association’s President & CEO Steve Caldeira are asking members of Congress to repeal or amend the health care law. IFA says these leaders are worried that many franchise businesses will close shop, and millions of employees will lose their jobs. This is according to a report prepared by the […] ‘Honesty, Accountability and Quality’ Ads Up Domino’s SalesDomino’s Pizza took a turn-around by resorting to non-traditional ads. To bravely receive feedback from its consumers through its website and to own up to its failures were initially thought to be risky moves. But eventually, the company was rewarded for its honesty, accountability and improved recipe. Bloomberg Businessweek says that this has earned Domino’s […] Commercials Reflect Tough TimesCompanies and advertising execs are in a dilemma during these rough economic times. They try to connect or empathize with their consumers through their commercials. Tim Calkins of the Northwestern’s Kellogg School of Management told Marketplace.org, “Making sure advertising resonates is so important. And if your consumers are struggling economically, then the message has to change […] Facebook To Help Franchise GrowthFacebook, the leading social media network, joined the International Franchise Association (IFA) as a member, the IFA announced. It has also teamed up with the association to boost growth of the over 800,000 US-based franchises. In 2012, it will offer free advertisements to local businesses. It told The Street that it will email companies with […] McDonald’s Offers The McRib Until November 14McRib, the famous but elusive offering of McDonald’s, is available this fall in all US stores according to Huffington Post. Local franchises usually determine when and if this McDonald’s product is available but because it was such a hit last November, McDonald’s Corporation is bringing it back this year and nationwide until mid-November. The McRib […] Herman Cain and Godfather’s Pizza in the NewsRepublican contender Henry Cain, according to All Business, is giving Godfather’s Pizza, his former company, free publicity. With the negative reviews from customers received by Godfather’s Pizza for its product, pundits say that the company’s pizza needs a lot of improvement to boost the chances of Cain’s candidacy. Do you think Cain’s candidacy will be […] SBA Loan Volume at All-Time HighNetwork Solutions reported that the US Small Business Administration announced a record volume of loans in fiscal year 2011. This volume is the highest in its history. The first quarter of 2011 was also the most active single quarter ever for SBA-backed loans with over $12 billion. This is more than double any quarter in […] Franchises Compete for International ExecutivesBloomberg reports that restaurant chains like Domino’s Pizza, Dunkin’ Brands and KFC are looking at expanding their businesses overseas, especially in China where restaurant sales have risen significantly. Restaurant companies have been experiencing declined sales in the past two years here in the U.S. and are now looking outside of the US for more sales. […] |
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