MLB’s revenue-sharing program prevents large-market teams, like the Yankees and Red Sox, from dominating the league every year. Here's how the program affects revenues, payroll, and the competitive balance of baseball. Identifying the Imbalance In 1999, a “blue ribbon” panel...
By Lewis Krauskopf NEW YORK (Reuters) - Teva Pharmaceutical Industries, the world's largest generic drug company, said on Friday it would buy rival Barr Pharmaceuticals Inc for $7.46 billion to expand its leadership in the U.S. market and fortify its presence in Europe....
Privately owned franchise operator BSR Australia Ltd, better known as Betta, is to add furniture and related retailing to its core electrical appliance franchises, the company says.BSR Australia took the Betta Stores retail franchise out of receivership in 2006.The company is an umbrella division of Brisbane-based BSR Group...
It is common knowledge that a franchises stand more chance of surviving than any other business format. Over 95% of franchises will still be running five years after start-up while only 15% of traditional businesses will still be trading. Most do not have the capital to buy into a franchise...
Buying a franchise is not an easy ticket to business success. For every success, there are many more failures, and the business landscape is littered with franchise fiascos due to conflicts between franchisees and franchisors. You have to practice the same due diligence as a franchise purchaser that you would...
Fastsigns' management was eager to have Shane join the organization and Shane's wife, Debra, a veteran employee of a major fast-food chain, was willing to contribute her experience with franchises to make the business succeed. Everything about the opportunity seemed right; yet this stranger in a Chicago high-rise office building...
Many commentators are suggesting that the halcyon days of franchise growth are now over. Talking to franchises that use American Express, this is not the experience. It is true there is some saturation of brands and good sites are becoming increasingly difficult to find. However, providing an alternative to being...
Got several franchises on your wish list? Use this template to help you determine the attractiveness of each prospective franchise you are considering.
The choices for financing new franchises are as varied as the franchises themselves. Today, franchisors, especially those selling specific types of businesses, may benefit most from a relatively unknown type of product that allows individuals to use retirement funds to purchase new franchises-without penalties, without taxes, and without interest. When...
Whether you're interested in purchasing a franchise or in selling one, be aware that federal and state guidelines have imposed additional disclosure requirements which provide for strict compliance and set mandatory penalties for non-compliance.
From the executive summary: ‘The popularity of franchising internationally makes sense. As the world gets smaller, local brands become globally recognizable. Meanwhile, saturated local markets are forcing U.S. companies to expand elsewhere. Experts suggest that franchises can expand internationally.’ Researches indicate that U.S. franchises offer many advantages to people. The...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Dallas/Fort Worth International Airport to Get UFood GrillC2008 - CloseUpMedia - newsdesk@closeupmedia.com UFood Restaurant Group, an operator of better-for-you fast-casual restaurants, announced that the Company has signed an agreement to open a UFood Grill in the Dallas/Fort Worth International Airport with...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Maui Wowi Hawaiian Inks New Master Franchise Pact with Dubai EnterprisesC2008 - CloseUpMedia - newsdesk@closeupmedia.com Maui Wowi Hawaiian, a destination for authentic Hawaiian products on the mainland, announced it has expanded its worldwide corporate ohana to the United Arab Emirates...
Oklahoma City's NBA franchise has yet to determine where on the radio and television dials its games will be found during the upcoming season. What has been determined is sports reports on television and radio stations won't have any kind of shortage of NBA talk. ...
Freshly Prepared Meals Now Available for Pick Up or Delivery OTTAWA, Ill. -- Seattle Sutton's Healthy Eating is proud to announce its newest franchised area, Kansas City, MO, is now open for business. The freshly prepared, delicious meals are now available for pick up or delivery, depending upon...
Financing provides funds for new construction in multiple locations SCOTTSDALE, Ariz. -- With $5 million in financing from GE Capital Solutions, Franchise Finance, the new, independently operated concept Bobby's Burger Palace begins construction on multiple locations. The first Bobby's Burger Palace, the brainchild of renowned chef Bobby Flay...
The Brookfield Real Estate Services Fund (TSX: BRE.UN) today declared a cash distribution of $0.104 per unit for the month of July, payable on August 29, 2008 to unitholders of record on the close of business on July 31, 2008. About the Brookfield Real Estate Services Fund The Fund is...
CHARLOTTE, N.C. -- Chanticleer Holdings, Inc. (OTC BB: CCLR) ("Chanticleer", the "Company"), announced today the Company will begin trading tomorrow under a new stock symbol, "CCLR". In addition, the Company completed a 1-for-10 reverse stock split of the Company's common stock, which will be effective at the start of trading...
SAN FRANCISCO -- Wells Fargo & Company (NYSE:WFC): [TABLE OMITTED][TABLE OMITTED] Wells Fargo & Company (NYSE:WFC) reported diluted earnings per common share of $0.53 for second quarter 2008 compared with $0.60 in first quarter 2008 and $0.67 in second quarter 2007. Net income was $1.75 billion compared with...
MERRIMACK, N.H. -- Eleme Medical Inc., a private venture-backed aesthetics company building a franchise in the body shaping market with an initial focus on treatment of cellulite, announced today that it has raised $18 million in a "Series C" financing led by L Capital Partners (www.lcapitalpartners.com). The C round also...
