September 29, 2009

Even Bad Reviews Boost Sales

Fortune Small Business: Like many retailers, Jim Hobart knows the value of a good testimonial. The online store he co-founded, AlpacaDirect.com, always offered a page full of cherry-picked customer comments raving about the site’s alpaca sweaters, socks and yarn. But recently Hobart, 47, decided to take the idea a step further: He hired PowerReviews, whose […]

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Banking By Mobile Phone Unleashes Third World Entrepreneurial Wave

photo credit: whiteafrican The Power of Mobile Money at the Economist website discusses how banking via mobile phone is unleashing entrepreneurship in the Third World. These phones compensate for inadequate infrastructure, such as bad roads and slow postal services, allowing information to move more freely, making markets more efficient and unleashing entrepreneurship…With such phones now

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Beautiful Brand’s To Franchise BBQ Fast Casual

Fast Casual: Beautiful Brands International (BBI) has announced the addition of Dallas-based restaurant Sonny Bryan’s Smokehouse to its portfolio of restaurants to market and franchise worldwide. The agreement marks the first and only fast casual barbecue restaurant to join Beautiful Brands. “Because of Sonny Bryan’s amazing barbecue and profitable business model, the franchising potential is

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Herbalife Hears Familiar Chorus

Los Angeles Business Journal Online: Herbalife Ltd. has gone far in fighting the old perception that it operates as a thinly veiled pyramid scheme. In recent years, it picked a high-profile Disney executive to be its chief executive, improved its diet and nutritional supplements, and changed the way it operates. But it looks as if

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