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Wednesday, January 13, 2010
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Deal or No Deal?
Due Diligence Key to Buying Bankrupt Franchises (Part 2) |
Last
issue we began the discussion of how buying assets out of bankruptcy
court is time-consuming but usually easy - when done properly. But
if you try to pick and choose, it can become difficult. It's hard to
determine a fair value for such assets. If you're not careful you
could find yourself back in court fighting angry creditors.
READ MORE.
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The Stevie
Factor: Trust and Empower, but Verify |
Stephen Reitz was in his late 30s when he entered
the world of franchising. He'd already learned quite a bit about the
world of business in the years preceding his career switch.
READ
MORE. |
Calling on Facebook |
Cell phones have become big business and the
competition in the market can be fierce. Not surprisingly, social
media tools are finding a niche in this industry, too. One example
is three young entrepreneurs in the Northeast who have found a way
to use Facebook and other social media tools to give them a
competitive edge.
READ
MORE. |
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Rented
Space: The Art of Negotiating a Mid-Term Rent Reduction |
Your monthly rental payment to the landlord
can be one of your biggest monthly expenses. Reducing this
monthly payment is imperative for businesses like yours to stay
viable.
READ MORE. |
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Capital
Access |
Gaining access to and securing capital is more
important for franchisees today than ever. Every week we talk
with multi-unit franchisees about how they are growing and the
kind of financing it takes for them to achieve their goals and
objectives.
READ MORE. |
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