Business News Articles For Entrepreneurs & Small Business Owners

How to be Productive on a Startup Schedule

Jennifer Vargas of Accompl.sh manages to have fun while being productive.  She shares her tips on how to focus on priorities and still attend to what matters in her life.  First in her tips is to assign a weight to one’s priorities – work, family, friends, health, etc.  Knowing what matters minimizes indecision.  Which of […]

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Starbucks Adds More Stores in China and Asian-Pacific Area

John Culver, head of China and Asia Pacific business at Starbucks, told The Wall Street Journal that Starbucks Corporation would increase its presence in China from the current 500 stores to over 1,500 until 2015.  He reports that the coffee chain’s revenue for China and the Asian-Pacific region increased 38% while its operating income grew […]

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Entrepreneurs Don’t Need Work-Life Balance

Jeffrey Stibel of Dun & Bradstreet Credibility Corp. zeroes in on common characteristics of entrepreneurs.  He wrote in the Harvard Business Review that entrepreneurs like him are always focused on their dream or vision 24/7.  This blinding passion to achieve their dream has brought imbalance in their lives.  He said most of them skip meals […]

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Entrepreneurs Learn From Their Mistakes

Entrepreneurs have a different mindset compared to us, regular individuals.  What we call failure, they call lessons.  Once they set their mind into a task, they proceed one small step at a time.  They really desire what they want to do; do it and pause to see if it works.  If it doesn’t work, they go […]

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Burger King Goes Public Again

The Wall Street Journal reports that 3G Capital Management, current owner of Burger King, sold 29% stake in the hamburger chain for $1.4 billion to Justice Holdings.  William Ackman of Pershing Square Capital Management will own 10% of Burger King as co-owner of the investment fund, Justice Holdings.  When it lists at the New York Stock […]

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Red Flags to Look For When Buying a Business

Buying a business is generally safer than starting a new one.  An existing business has established its presence in the market.  It has regular customers or clientele who are aware of the products or services the company offers.  It has employees who know how the business operates.  You can review its financial and operational history […]

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Financing Options for Businesses – Which Type of Financing Is Right for Your Business?

There is good news for small business owners.  Small business lending rose 18% during the period from November 2010 to November 2011.  Congress is also most likely to pass the JOBS (Jump-start Our Business Start-ups) Act this year.  This will make it easier for small businesses and start-ups to raise capital.  The new law will […]

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Small Business Taxes: How Business Structure Affects Tax Deductions

Business owners need to structure their business to take advantage of tax deductions and employment benefits.  The right business structure will also limit the liabilities of the owner and protect his or her personal finances from the business.  Nellie Akalp through her article at SmallBizTrends.com compares incorporations and LLCs relative to their respective allowable tax benefits […]

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Is It Time to Sell Your Business?

Darryl Ohrt in an article for Advertising Age shared the steps of his transformation from a business owner to an employee.  He decided to sell his business when day-to-day operations brought boredom instead of new challenges for him.  He advises business owners to let go of their business when there is no more fun or […]

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Tax Breaks for Small Business Owners

There are some tax breaks for small business owners that you can use when you file your tax return this month.  For corporations that filed last March 15, they can still file amended tax returns, too, to claim tax breaks that they missed.   Sandy Abalos, managing partner of a Phoenix accounting firm, says improvements and […]

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15 Tips to Become a Successful Entrepreneur

What makes an excellent entrepreneur?  Kelly O’Neil in his The Secrets of Success blog outlined 15 characteristics of an excellent entrepreneur. This is a result of his association with extraordinary and successful entrepreneurs.  Excellence is not inborn.  It is something you have to work at.  A high performing entrepreneur should care about his company and […]

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Work Time Off Could Be Productive

Running your own business and being your own boss has its upsides.  You answer to no one; you control your own destiny.  Will you consider taking a break a downside?  Will your business take a hit when you are away on vacation?  James, Sutton, a psychologist from Texas, claims that “some of my best ideas […]

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Top 100 Places to Work – Interstate Batteries Makes It Three in a Row

The Dallas Morning News’ Top 100 Places to Work is an annual search by the magazine.  Public and private companies, governments and nonprofit organizations with more than 50 employees may enter the contest.  For 2011, over a thousand companies were nominated.  The companies were rated through anonymous survey questions sent to employees of each.  They were […]

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Why Key Employees Quit

Each time an employee resigns, the company loses time, money and effort to replace him or her.  Staff retention, particularly of the key employees, must be a major priority for a business.  While some staff turnover could not be avoided and at times is necessary, a stream of departing employees has a negative impact on […]

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Franchise Outlook For 2012

Franchise opportunities are plenty so long as people have dreams that address other people’s needs.  A unique product or special service could be a great concept for a successful business if only you can find a financial partner.  Financing – that is where the difficulty lies.  Lending institutions, particularly large banks, should extend more loans […]

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Johnny Rockets to Open in Indonesia

Indonesians are set to welcome another American food experience with the opening of the first Johnny Rockets restaurant in Bali.  Johnny Rockets serves hamburgers, sandwiches, salads, sides and shakes. The franchise owner is the Sahid Group through its subsidiary Riyanti Investama International.  Sahid Group CEO Wiryanti Sukamdani says the new restaurant will open in April […]

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Popeyes CMO Lynch Promoted to Chief Global Brand Officer

Richard H. Lynch, Popeyes Louisiana Kitchen chief marketing officer, a division of AFC Enterprises, Inc., led the brand transformation that included a change in the company’s logo, advertising, messaging platform, and products.  The chicken chain grew in the third quarter of 2011 because of these changes. Cheryl Bachelder, AFC Enterprises CEO, announced at QSR.com that […]

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Will Debt Restructuring Save Quiznos?

Denver-based Quiznos is a national chain of quick-service restaurants that offer sandwiches, soups and salads using premium ingredients.  The chain grew to nearly 5,000 stores but because of competition from Subway, about 1,500 of these stores closed.  It ran into debt when its current owners, CCMP Capital Advisors LLC and Consumer Capital Partners, purchased Quiznos “in a […]

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Business Loans Debate: Do Big Banks Lend Enough to Small Business?

The Wall Street Journal got Ami Kassar, chief executive of MultiFunding LLC small-business loan advisors, and Marc Bernstein, executive vice president, Wells Fargo small business segment, to write about small business loans of big banks. Ami Kassar urges big banks to  increase their lending to small businesses.  He cites the FDIC (Federal Deposit Insurance Corporation) […]

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Customers Favor Greener McDonald’s, Chipotle and Starbucks

A Forbes article reported that restaurant chains McDonald’s, Chipotle and Starbucks are starting to source for natural ingredients and promote recycling.  These green and environment-friendly measures cost these chains but will likely benefit them through tax breaks and better sales from increased customer loyalty in the long run.  Chipotle has prided itself with using antibiotic- and hormone-free, and […]

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