Business News Articles For Entrepreneurs & Small Business Owners

Popeyes Franchises Are Expanding In The US

Cheryl Bachelder has increased the growth statistics of Popeyes Louisiana Kitchen by leaps and bounds as she focuses on a nation-wide expansion of its U.S. stores. Bachelder targets doubling the number of stores to 3,200 as it “suburbanizes” to attract more white diners. Businessweek.com reports that Popeyes, owned by AFC Enterprises, projects to grow 13% […]

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Are You Ready To Sell Your Company?

Selling your company after investing years of hard work and money is a difficult and long process.  David Lonsdale of Allegiance Capital in his article that appeared at Inc.com says you have to ask yourself some questions to find out if you are ready to let go – Who do you want to sell your […]

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Why Family Businesses Fail

Many small businesses are family-owned or –controlled.  Nevertheless, most family businesses struggle and about only a quarter survive.  The Globe and Mail lists why most family businesses fail.  Writer Leah Golob decries the lack of professionals – lawyers, accountants, financial planners, etc. – who have thorough understanding of the intricacies of family businesses.  These usually […]

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Small Business For Mit Romney

Entrepreneur.com shares the results of a survey conducted around the first week of August by Manta.com.  The respondents are about 2,000 small business owners who were asked what political issue affects their small businesses.  Twenty percent of the respondents answered health care and tax policy as having the most impact on their companies.  Other pressing […]

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Small Business Bankruptcies Are Declining

A new Equifax’s Small Business Bankruptcy Report reveal that small business bankruptcies are down the second quarter of 2012 by 17% more  compared to the first quarter.  This is the fourth quarter in a row that showed decreasing small business bankruptcies.  Equifax’s chief economist, Amy Crews Cutts told Courtney Rubin of the American Express Open […]

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SBA Business Loans – Is 90% Business Financing Possible?

The International Franchise Association relates the experience of Marla and Jason Brunk with the SBA 504 Program.  The Brunks saw in the Goddard School a business they want to operate.  With Marla’s retirement funds, they were able to purchase a franchise and launched their first Goddard School in 2006. An opportunity to own the building […]

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Small Business News: Does Obama Know How To Create Jobs?

Fox Business released the video and transcript of IFA President Steve Caldeira’s interview criticizing U.S. President Barack Obama’s tax policies.  Caldeira laments the president’s “legendary” neglect of the job problem in the nation.  He does not buy the president’s argument that he’s been too busy to meet the Jobs council.  He says the president just […]

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Mit Romney’s Choice of Paul Ryan Steers Debate on Bigger Issues

Big policy issues are taking center stage as Mitt Romney selects Rep. Paul Ryan as his running mate on the Republican ticket.  In an article in The Wall Street Journal,  Janet Hook and Damian Paletta focus on the conflicting stands of the Romney and Obama tickets on Medicare, the budget, size of government and business.  Robert […]

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Advice to Small Business Owners: Learn, Improve, Prepare

Rhonda Abrams in an article on USAToday.com compares Olympic athletes with small business owners – how running a business is like competing in a game.  She says that you do not have to be the number one company to run a profitable business, create a product, enjoy your work and provide jobs.  She says it […]

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How To Run Family Businesses

Working with family may be a necessary move for most small businesses.  It could also be very challenging especially when non-family employees resent their favored status.  How then should you deal with family members in a business?  The Globe and Mail quotes Peter Jaskiewicz, who teaches a course on advising family enterprise at the University […]

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How to Deal with Employees When Selling Your Business

Are you planning to sell your business?  Lee Polevoi in his Intuit Small Business Blog discusses the two available options for you – to tell your employees or to keep quiet.  You can disclose your plans and your reasons for selling to a few key employees.  You do not have to bare everything going on regarding […]

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Starting a Business – 6 Important Resources for Start Ups

Inc.com lists some online tools entrepreneurs can use to meet the legal requirements for their start-ups.  LegalZoom can help you file for trademarks, form a corporation or LLC, and link you up to online sites where you can find more information.  LegalZoom charges on a per document basis.  The Rocket Lawyer is similar to LegalZoom […]

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Are You Ready to Retire? Read these 5 Retirement Myths

Plan your retirement or exit strategy as soon as you start a business.  This is the main essence of Norm Bates’s article at The Star.com. Bates owns a transition planning company that focuses on small businesses.  He outlines misconceptions about retirement and enumerates steps one has to take for a smooth transition from running a […]

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Obama and Republicans Fight over Bush Tax Cuts Extension

The New York Times reports that President Barack Obama is calling for a one-year extension of the Bush tax cuts for those making less than $250,000.  This is in contrast to what the Republicans led by presidential candidate Mick Romney want.  House Republicans want to extend all Bush tax cuts.  House minority leader Nancy Pelosi […]

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Obamacare to Have Negative Impact on Small Businesses?

Business leaders and economists say the nation is facing uncertainty as it awaits the Supreme Court’s ruling on the constitutionality of the Patient Protection and Affordable Care Act, also known as Obamacare.  Most think this health care law is not the answer to the insurance woes of small businesses.  Paul Howard of the Center for […]

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3 Big Mistakes Made By Entrepreneurs

Victor Green, a successful entrepreneur who has founded several successful businesses, names some mistakes made by entrepreneurs that cause the failure of their businesses.  In an Inc.com article, he says one of the biggest mistakes of business owners is their failure to test their product or service in the actual marketplace. Green says, “And once […]

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Five Guys Burgers – The Fastest Growing Restaurant Chain in The US

Forbes.com traces the beginning of Five Guys Burgers and Fries, now one of America’s fastest growing restaurant chain.  Jerry Murrell wanted a restaurant offering quality burgers in 1986 to keep his family nearby.  He, his wife and five sons live within 20 minutes of each other.  The family’s initial investment in Arlington, Va. was $70,000.  […]

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Jamba Juice Is Growing By Adding More Stores

Publicly traded since 2006, Jamba Juice intends to open new stores in the East Coast and Midwest, its spokesperson told U-T San Diego.  The company, which started offering fresh juice and smoothies, started in 1990.  It has since been known for its vitamins-, protein-, or herb-spiked healthy drinks made on site.  It has also added […]

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Best Franchise Deals In 2012

QSR Magazine lists the 2012 best franchise deals in the fast food industry for the third year in a row.  Its criteria include sales-to-investment ratios, targeted market, sales trends and support from the parent company.  Some franchises in the list appear for a second or third time.  Among these are Subway, Popeyes, Bojangles’ and Saladworks.  […]

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Obama to Extend Bush-era Tax Rates for Businesses

Kate Rogers reports to Fox Business that President Obama is asking Congress early this month to extend the Bush-era tax rates for businesses earning less than $250,000.  Corporations and entrepreneurs earning more are crying foul.  Ray Keating of the Small Business & Entrepreneurship Council calls the president’s move a “political spin in a campaign year”.  […]

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