Reuters: Forzani Group (FGL.TO) plans to open more than 25 new stores this year as the country’s biggest sporting goods retailer takes advantage of a weak economy and an increase in available property. Calgary-based Forzani, whose banners include Sport Chek, Sports Experts and Coast Mountain Sports, said on Wednesday it had earmarked about C$30 million […]
Forzani Pushes New Store Openings Despite Downturn Read More »
The New York Times: With the economy in terrible shape, owners of small businesses could use a break. The tax code offers many to choose from, including some recent additions, and others may be on the way. Businesses received a batch of concessions late last year, when several measures that expired in 2007 were extended
Is More Relief Ahead for Small Biz? Read More »
Earthtimes: NexCen Brands, Inc. today announced that the Company has entered into an amendment of its credit facility with BTMU Capital Corporation (“BTMUCCâ€). The amendment reduces the interest rate on the Class B Notes, the outstanding balance for which total approximately $41.7 million, to 8% per year effective January 20, 2009 through July 31, 2011,
NexCen Brands Announces Amendment To Credit Facility Read More »
Business Line: In a world of tightening consumer expenditure, value retailers are placed better than their premium counterparts. In the stock markets, Koutons Retail, a value apparel retailer, has fared relatively better than its peers, losing just about half its share value. Trading at Rs 505, the stock is valued at 19 times its trailing
Koutons Retail (India): Hold Read More »
BobBrooke.com: Franchising’s primary benefit is risk minimization. Starting a new business is risky. Most studies show that over 90 percent fail within three years. The primary reason that the failure rate is so high is because the owners have to go through the learning curve of operating that specific type business. Franchising reduces that curve
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Franchise Times: In these tough economic times, the question I am asked most often is, “What is my franchise business worth?” This month’s column will outline a few key points that may be helpful in determining that worth. In many cases, the key index of valuations is the public market. As the public market has
What’s My Franchise Worth? Read More »
It seems like nearly every day there’s more bad news about the economy. Even worse, it’s hard to see any light at the end of the tunnel. Given that, it may seem like a terrible time to start a small business. So here’s something that may surprise you: it’s actually not. The truth is that
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The New York Times: Given the economic climate, small-business owners may be loath to make major purchases of new equipment or furnishings this year. But for those with money and an inclination to spend it, now is a good time to buy, as Congress enacted generous tax incentives for this year only. Businesses considering major
Time Running Out For New Tax Breaks Read More »
The Franchise Magazine: A buzz of excitement is following the launch of a new UK franchise opportunity by Stenders. Combining the company’s own natural beauty product range with an original Latvia-themed store design, the retailer is seeking to establish a national network of high street outlets. Since the launch of The Body Shop in 1976,
The Most Exciting Retail Concept In The Sector Since The Body Shop! Read More »
