January 17, 2011

Overcoming Adversity: Staying Afloat In A Sink-Or-Swim Economy

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MiamiHerald.com: Just a few months after buying a yacht business, George Jousma sensed rough waters ahead. Not one potential buyer had walked into his Fort Lauderdale showroom. Unless he did something drastic, Jousma knew his business would bust. In Miami, Violette Sproul was confronting a similar dearth of customers as a political campaign fundraiser. “Over […]

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A Store That’s Fun To Visit

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Fox Business: Independent retail is tough anywhere, but opening a 15,000-square-foot store just outside Detroit was considered downright foolish when Mary Liz Curtin and her husband, Stephen Scannell, launched their business in a small suburb of Detroit on April 1, 2006. Leon & Lulu is a lifestyle store in Clawson, just outside of Detroit, selling

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Franchising Allows You To Be In Business For Yourself, But Not By Yourself

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British Franchise Association: Over the years hundreds of people have used their redundancy to leave corporate life behind and start their own franchise business, often doing something completely different to their previous line of work. Tom Endean, marketing manager at the British Franchise Association (bfa), said: “As a more secure, proven investment, franchising may soon

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92-Unit Burger King Franchisee Files For Bankruptcy

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QSRweb.com: Duke and King Acquisition Corp., a Burnsville, Minn.-based Burger King franchisee, has sought Chapter 11 bankruptcy protection and is currently seeking buyers. The company operates 92 Burger King units throughout the Midwest, including in Minnesota, Iowa and Wisconsin. According to the Minneapolis/St. Paul Business Journal, D&K cited revenue shortfalls and a “constant drain” of

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Franchising Association To Be Relaunched In February

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Chronicle: The Franchising Association of Zimbabwe, which suspended operations at the beginning of the economic meltdown a few years ago, will be relaunched in February, the Zimbabwe National Chamber of Commerce (ZNCC) chief executive, Mr Andrew Matiza, has said. He said initial plans to relaunch the association next month have been shelved because most companies

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