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Buying a Business Articles For Entrepreneurs & Small Business Owners
Chick-Fil-A Successful AND Delicious More than 60 years have passed since Truett Cathy opened his very first restaurant in rural Georgia. In 1964, the company came out with what is reported to be the first boneless breast of chicken sandwich – naming it Chick-Fil-A – and eventually the entire restaurant chain took on that moniker. […]
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Posted by GlobalBX Staff on 10/04/09 at 09:10 AM in Business Opportunities, Buying a Business, Franchises | Permalink | Comments (0) | Trackback URL
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Eat Fresh – Eat at Subway Sandwich shops can be found around the world, but few such establishments have the kind of name recognition enjoyed by Subway. In 1965, two young men opened just such a shop with only a thousand dollar investment between them, hoping they could earn enough money from the venture to […]
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Posted by GlobalBX Staff on 10/03/09 at 10:10 AM in Business Opportunities, Buying a Business, Franchises | Permalink | Comment (1) | Trackback URL
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Tim Horton’s coffee franchise opportunities are recognized innovative developments for franchisees wanting to establish quick service restaurants in North America. It is also one of the largest publicly traded restaurant chains based on market capitalization. Their premium coffee, freshly baked goods and a wide variety of selected home-style soups, specialty teas and other consumer-friendly food […]
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Posted by GlobalBX Staff on 09/30/09 at 10:09 AM in Business Opportunities, Buying a Business, Franchises | Permalink | Comments (3) | Trackback URL
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Businesses 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 […]
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Posted by GlobalBX Staff on 09/17/09 at 05:09 PM in Business Opportunities, Buying a Business, Entrepreneurs & Entrepreneurship, Starting a Business | Permalink | Comments (2) | Trackback URL
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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 […]
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Posted by GlobalBX Staff on 09/15/09 at 05:09 PM in Buying a Business, Education, Entrepreneurs & Entrepreneurship | Permalink | Comment (1) | Trackback URL
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Buy Business Today – Profit When? There’s an old saying that states, “Free advice is worth [only] what you pay for it.” While this is true in many situations in life, how does this homily apply to buying a business? After all, anyone who wants to buy a business will need some serious advice on […]
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Posted by GlobalBX Staff on 09/07/09 at 03:09 PM in Business Coaching, Buying a Business, Small Business | Permalink | Comments (0) | Trackback URL
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Let the Buyer (ALWAYS) Beware As a proper thinking entrepreneur, you have decided that the pizza place that’s been on the corner of your street for 15 years – and is now for sale by its original owner – would be the perfect business to buy. You have some cash on hand, you know that […]
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Posted by GlobalBX Staff on 08/31/09 at 06:08 PM in Business Opportunities, Buying a Business, Selling a Business, Starting a Business | Permalink | Comments (2) | Trackback URL
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Look Out – Businesses For Sale! Thanks to the Internet and its worldwide audience, information on anything imaginable (and hardly believable) is only a few clicks away. If you are an entrepreneur on the lookout for a new business opportunity, scanning the Web can prove worthwhile. It can also be an immense waste of time, […]
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Posted by GlobalBX Staff on 08/31/09 at 06:08 PM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comments (0) | Trackback URL
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Are There Cheap Franchise Opportunities Out There? There are three aspects to coming up with the kind of money it takes to buy a franchise – coughing up the initial franchise fee, finding a place from which to do business, and paying for supplies and inventory. Cheap franchises are an especially hot commodity in a […]
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Posted by GlobalBX Staff on 08/31/09 at 06:08 PM in Business Opportunities, Buying a Business, Franchises | Permalink | Comments (0) | Trackback URL
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A “Take It Or Leave It” Culture? Companies that franchise their retail operations have a set way of doing business. In many cases they have created a successful franchising system over the course of many years, and in dealings with hundreds if not thousands of franchisees. Let’s say that you want to buy a franchise. […]
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Posted by GlobalBX Staff on 08/25/09 at 11:08 AM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comments (0) | Trackback URL
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What Is a Home Based Franchise? It should be obvious to everyone that a home based franchise is “a franchise business you operate from your home.” But there is more to it than this simple explanation. By combining the elements of working from home (no outside office expenses, no commuting time, flexible hours) and the […]
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Posted by GlobalBX Staff on 08/25/09 at 11:08 AM in Business Opportunities, Buying a Business, Franchises, Work at Home | Permalink | Comments (0) | Trackback URL
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Thank You For Your Service! Veterans of the U.S. military are coming home these days to a fairly bleak economic climate. Jobs are tough to find, which means that more and more people are looking into entrepreneurship as a legitimate path to personal financial success. Many veteran business opportunities are available that use the unique […]
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Posted by GlobalBX Staff on 08/25/09 at 10:08 AM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comment (1) | Trackback URL
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The Female Entrepreneur More people than ever, it seems, are interested in starting their own business, and women are helping to lead the way. One survey showed that women owned businesses in the United States grew nearly 15 percent over a five year period. Business opportunities for women have never been greater, especially with the […]
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Posted by GlobalBX Staff on 08/25/09 at 10:08 AM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comments (0) | Trackback URL
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The Mysterious Franchise Profit Report Once someone decides that buying a franchise makes sense, it’s only logical to try and find the most profitable franchise to purchase. After all, given a choice between Franchise A that returns 10 percent per year and Franchise B that returns 15 percent per year, the results should be obvious, […]
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Posted by GlobalBX Staff on 08/25/09 at 10:08 AM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comments (0) | Trackback URL
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Finding Franchise Financing Individuals or groups looking to buy a franchise rarely have the kind of cash it takes to pay for everything up front. When you take into account the initial franchise fee – anywhere from $25,000 to $50,000, or more – plus money for equipment, inventory, supplies, advertising, and possibly even real estate, […]
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Posted by GlobalBX Staff on 08/19/09 at 09:08 AM in Business Finance, Buying a Business, Franchises, Starting a Business | Permalink | Comments (0) | Trackback URL
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History of Dunkin’ Donuts … A Most Successful Business In 1946, William (Bill) Rosenberg started a company he called Industrial Luncheon Services, whose operation involved delivering meals and snacks to workers in and around the Boston area. After two years of success, he opened a place called the Open Kettle, a coffee and doughnut restaurant […]
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Posted by GlobalBX Staff on 08/19/09 at 09:08 AM in Business Opportunities, Buying a Business, Franchises | Permalink | Comments (0) | Trackback URL
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In Business For Yourself A franchise is a license granted by a company that allows you to operate essentially what is a branch office of the parent organization. For people who are interested in going into business for themselves, this is a common path they take to achieve financial prosperity. While one can always start […]
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Posted by GlobalBX Staff on 08/19/09 at 09:08 AM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comments (0) | Trackback URL
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The Search for Recession-Proof Franchises When contemplating the purchase of a franchise, it makes sense to seek out an opportunity that has the ability to resist market fluctuations and faddish trends. Imagine where you’d be today if, back in 1995, you had sunk ten grand into becoming a Tamagotchi dealer. Does anyone even remember those […]
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Posted by GlobalBX Staff on 08/19/09 at 09:08 AM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comment (1) | Trackback URL
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Many investors and entrepreneurs are interested in investing in a profitable business, and many look at starting a KFC franchise. KFC is one of the largest and most well-known restaurant brands. It is a global franchise with worldwide branding and recognition. As a result, there is great interest in the business and investing community to […]
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Posted by GlobalBX Staff on 08/19/09 at 09:08 AM in Business Opportunities, Buying a Business, Franchises, Starting a Business | Permalink | Comments (3) | Trackback URL
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What is the first step one must take when thinking about buying a business or going into business with family or friends? STOP – and allow yourself careful consideration. I think the concept of going into business with a life long friend, or a good buddy from college, or your brother, dad, sister is a […]
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Posted by smessinger on 08/18/09 at 10:08 AM in Buying a Business, Starting a Business | Permalink | Comments (0) | Trackback URL
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