Thinking about starting your own business is both exciting and daunting, especially when the economy seems uncertain. But, if you have the option to ease into it, it could be a sound decision for your future. Franchises such as Snap-on Tools are creating opportunities that assist qualified candidates get their business up and rolling. Through […]
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Post Chronicle: Restaurant bankruptcies are expected to rise in 2009, but some debt-riddled operators are getting more leeway with lenders on hope a government stimulus package could provide relief by mid-year. Many companies that loaded up with debt during the credit and housing booms are struggling to keep up with loan payments as pinched consumers
Restaurants Seek Helping Hand To Avoid Bankruptcies Read More »
CNNMoney.com: Procter & Gamble Founded during: The Panic of 1837 Candle maker William Procter and soap maker James Gamble joined forces to start a small household-goods business in Cincinnati. IBM Founded during: The Depression, 1873-1896 Three startups – the Tabulating Machine Company, the International Time Recording Company and the Computing Scale Corporation – developed technologies
Companies Born During Downturns Read More »
Nation’s Restaurant News: A mid the deepest economic slowdown since the Great Depression, restaurant franchisors are enhancing or developing programs to broaden their franchisee bases as a means to grow business. Franchisors as diverse as KFC, Pizza Hut, Domino’s Pizza and Little Caesars Pizza all aim programs at minorities, women and veterans. Domino’s, for example,
Opportunities Knocking: Focus On New Franchisees Read More »
The Wall Street Journal: Even in a recession, people will still want to be entertained. The Great Depression saw resilience and even growth in movie ticket sales as one of the cheapest ways for people to entertain themselves. As this economy tightens through 2009, we’ll find growing numbers of “time rich-cash poor” consumers seeking today’s
Consumers Seek Cheap Thrills Read More »
The Post: When Ohio University graduate student Tiffany Bowden initially became interested in Mary Kay cosmetics, it was because she liked the way the brand’s foundation matched her skin tone. However, her interests quickly changed when she realized selling cosmetics was a quick way to make money during a recession because of the demand. “You
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Frantrends Magazine: The economic crisis is everywhere; you can’t avoid the black cloud even if you wanted to. It is on the front page of every local and national paper, it is the lead story on your evening news each night and the crisis is chronicled on every major monthly periodical with lead-ins comparing today’s
Franchises Continue To Sell Read More »
The Wall Street Journal: Layaway, a payment practice that was made popular during the Great Depression but nearly became extinct due to the instant gratification of credit cards, is back in fashion thanks to the credit crunch. Only a handful of national retailers still let consumers put purchases aside until they have paid for them
Layaway Is Making A Comeback Read More »
Karaoke has been enjoyed by nearly everyone at one point of time, or another. While some go in the bar and sing badly for a group of strangers, others enjoy singing along to their favorite song in the privacy of their own home. For that reason, no one should have been surprised when karaoke took
Red Karaoke Takes Social Networking To A Musical Level Read More »
Rhonda Abrams At Gannett News Services: Listen to the news, and you’ll hear words that frighten every small businessperson. For the first time in my life, economists and analysts talk not just about recession, but use that most dreaded term “depression” and look to see how we pulled out of the Great Depression of the
Eleanor Roosevelt – Inspiration For These Economic Times Read More »
