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Stocks continue to struggle today on the stock market as Dubai remains a bit of an issue. Also contributing to the bearish slant to today’s trading is the fact that Black Friday sales ended up being mixed. However, stocks aren’t down as much as they could be, since there are some silver linings to the stories dominating the markets today.
Dubai isn’t that big a deal
While the reaction on Friday to Dubai’s possible debt problems was huge, over the weekend, investors realized that U.S. direct exposure to Dubai markets isn’t that big. Additionally, the UAE promised to provide funding for Dubai [...]
Post from: EveryJoe
The end of 2008 saw a serious dent to bonuses, due to the financial crisis. And this year saw salary freezes at a number of companies. As a result, raises have been few and far between. But things might change in 2010. Hewitt Associates points out that only 13% of companies plan to freeze salaries next year. You might not get a huge raise, but you might get something more than you got this year. And that could be helpful to many who are struggling right now. It will be especially helpful if economic recovery results in inflation next year. [...]
Post from: EveryJoe
Kumon educational franchise owner David Joseph originally posted the following as a comment on the post KUMON Franchise Owner Complains of Overexpansion. We’ve moved it here because of length, the quality of the content and the importance of the franchise issues Mr. Joseph raises. Please feel free to share your opinions below.
Comments from David Joseph, [...]
Yesterday, the news broke that Dubai was experiencing some serious debt issues. Dubai World, which is a financial entity owned largely by the Dubai government, announced that it would be restructuring and that it would be stopping debt payments. This news has shaken world markets. In Asia and Europe, the markets were shaken yesterday. But with the Thanksgiving holiday, it appears that the U.S. reaction was delayed.
This morning, investors work up and sent the Dow plunging more than 200 points. While the losses have moderated so far, with the trading day almost over, there are concerns that Monday could bring [...]
Post from: EveryJoe
Burger King owners aren’t the only franchisees pushing for change.
Kumon franchise owners have voiced concerns here (as well as on Facebook and Twitter) that the international education franchisor is prioritizing systemwide expansion over the success of its franchise owners. While the group was not responsible for the initial comments, the President of the International Association [...]
FranBest.com has an interesting post you should check out:
Why Franchises Fail & What to Do About It Part 1
It raises an interesting question that is often debated here: who’s to blame for franchise failures?
Franchisees?
Franchisors?
Sometimes both?
Always both?
The FranBest post gives the example of an actual printing franchise owner named Jenny.
Jenny’s Twitter page [...]
When a franchise location fails, everyone involved loses. Can most franchise failures be prevented?
Whether you are a franchisor, franchisee, future franchisor or franchisee, or service provider to ‘zors and ‘zees, it’s safe to assume that you want to succeed.
In order to understand and implement the principles of success in franchising, it’s essential to recognize the [...]
As consumer spending rises, and as people feel better about the stability being shown in the jobs market, this holiday shopping season is shaping up to be fairly solid. And online retailers are hoping to get in on the action come the Monday after Thanksgiving. Cyber Monday is the biggest online shopping day of the year, and now you can stay fully alerted to hourly and daily deals with a little help from your cell phone. SoundBite sent me a press release about this service (which I do not intend to use):
Americans send 50,000 text messages per second. Ninety-five percent [...]
Post from: EveryJoe
According to the efusjon website: “efusjon energy club products offer remarkable taste, pack tremendous energy and deliver health and vitality! …Made from 100% all-natural ingredients and with no preservatives or additives, efusjon’s energy drinks give you a rich, smooth flavor you can enjoy anytime – completely guilt-free.”
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efusjon is more than a drink… it’s a [...]
According to the Kumon franchise website, Kumon is “an after-school math and reading program that employs a unique learning method designed to help each child develop the skills needed to perform to his or her full potential.”
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With an international network of independently owned and operated franchises, Kumon claims it the largest and most established [...]