Strategy Archives

Zales Corp. Smells Sweet Success In Expanding Dunkin’ Donuts

Dallas Observer: With Starbucks retrenching and Krispy Kreme slumping, Dunkin’ sees an opportunity to pounce, partly because unlike Starbucks, its growth isn’t tied to corporate earnings. Instead, most of the costs associated with opening a new store are shouldered by franchisees. In Dallas, one of those involved with the franchising of Dunkin’ Donuts is Barry […]

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5 Tips To Help You Save Money With Your New Business

Ideas

By the time you are ready to open for business, there is a good chance you have spent nearly double what you had originally budgeted. That may be the unfortunate reality of going into business for yourself, but there are ways to curb some of those fees. 1. Free resources. In my experience I have

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Betting Your Retirement On Your Start-Up

Ideas

The New York Times: With small-business loans and second mortgages scarce these days, some middle-age entrepreneurs are starting companies using their retirement savings, a novel financing method that they say avoids loan payments and early withdrawal penalties. These business owners are effectively treating their start-up ventures as any other stock in their 401(k) portfolio, and

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Time Running Out For New Tax Breaks

Ideas

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

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Is Franchise The Right Biz For You?

Ideas

The Wall Street Journal: It’s a common scenario: Someone walks into a chain restaurant, loves the food and ambiance and suddenly thinks, “I should own one of these.” It’s tempting to pick a franchise based on personal experiences or love of the product. But the fact that you’re smitten with the business or what it

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Niche Market Risks

Ideas

The Entrepreneurial Mind: There are some cautions that an entrepreneur should be aware with a niche strategy: Entering a niche requires adaptability in your plan. Many entrepreneurs assume that since the niche is a relatively safe place, they can establish their business plan, execute it, and all will be good with the world. But, if

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