Starting a business partnership is like getting married. In the beginning both people are happy, excited and in love with their great business ideal that is going to make them millions! The happy business partners are like newlyweds, acting like they are soul mates who are destined to be together forever. Both are on their [...]
Posts from ‘November, 2009’
Tinley Park: America’s Best Place to Raise Your Kids
From a 12,000 population to 60,000 in the present, you would perhaps think that the character of the village has change so much over the last 30 years. But instead, young families move into Tinley Park, Illinois, a proud village 25 miles southwest of Chicago, for the reason Edward and Emily Zabrocki chose to raise [...]
Expanding your business overseas
The fate of any business depends upon its type, assets accessible, capital, time, and hard work you are ready to devote. However, there are numerous ways to grow your business. Ways for Successful Business: 1. Increase your clientele: To do this, it is necessary to reach new customers to introduce new offers. Market research is [...]
Ford Reports Nearly $1 Billion Profit
Amidst the troubled automaker industry, Ford was able to come back. In a tremendous fashion, as the company reported nearly $1 billion in profits while paying its own debt and adding a good amount of market share. On November 2, the company reported a $997 million third quarter profit, adding profits to gains in market [...]
CIT Group Files for Bankruptcy
After several months of trying to save the company to avoid bankruptcy, CIT Group finally filed for bankruptcy. The action put an end to an ongoing saga, as the filed for a prepackaged bankruptcy plan that would give them court protection and be under control of its debtors. Under the plan, the company expects to [...]
Selling A Franchise Business
It’s a valid and important question because at some point the vast majority of franchise owners will want to sell their business for a variety reasons including retirement, relocation, divorce, owner burn out, etc. Here are some general tips and suggestions below that all franchisees should keep in mind before putting their franchise business up [...]
Are you ready to sell?
In the current business climate, price has become the ultimate differentiator. It sometimes feels like it’s the only thing that matters to our potential clients and customers. The global economy has impacted both product prices and services. Want a cheap knee replacement? Go to Asia. Ditto if you want your website updated or your book [...]