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The stock market is heading higher today, as part of a wider global equity rally. Earlier, James Bullard, the president of the St. Louis Federal Reserve, and a member of the Fed board, mentioned that he thought that the economic stimulus measure of buying mortgage-backed securities should continue into next year — moving beyond the first quarter.
As one might imagine, investors latched onto this news and took it as a cue to sell the dollar. After seeing gains for the dollar last week, Bullard’s remarks prompted a round of profit taking. Additionally, the comments also helped stocks. Confident that the [...]
Post from: EveryJoe
[Sponsored Post] Bedroom Java is offering a unique business opportunity founded on a one-of-a-kind product: an aphrodisiac instant coffee called Magic Power Coffee. // According to Bedroom Java, the Magic Power Coffee product is 100% all natural and has no chemicals or harmful side-effects. It’s a unique herbal enhancement beverage which enhances energy, mood, desire, [...]
While I’m not always a huge fan of Ben Stein, he does come up with some interesting insights every now and again, and he does have some clever and funny things to say about them. For Fortune Magazine, he recently offered these 4 lessons that he learned from the recession:
Economic forecasting is difficult.
Financial market forecasting is more troublesome than economic forecasting.
The financial sector in this country has lied a great deal.
The government cannot predict the economy or financial markets.
These are, of course, very good lessons to learn. It is important to realize that neither the government, nor the financial “experts”, [...]
Post from: EveryJoe
This is going to sound counter-intuitive, but one of the best places to look for a job can actually be at a firm that just laid a bunch of people off. Depending on the reasons behind the lay offs, you might find that such companies are ready to do a round of hiring.
Recently, an acquaintance of mine was laid off — along with dozens of others — from a local company. Imagine our surprise when the Classifieds showed job openings in that company two weeks later! The reason? In the interest of cost-cutting, the company laid off around 50 of [...]
Post from: EveryJoe
Most of the Curves for Women comments and emails we receive are requests for guidance and/or complaints from struggling Curves franchisees. However, we do receive complaints about Curve franchisees. The most common complaint regards the unauthorized billing of membership fees from ex-members.
Curves ex-member still billed 5 years later
Several different scenarios have prompted these complaints. One [...]
Discount fast food franchise promotions like Subway’s $5 Footlongs, Quiznos Million Sub Giveaway and McDonald’s $1 menu, and Burger Kiong’s $1 Double Cheeseburger are attractive to consumers and great for the franchisor… but what about the franchise owners who foots the bills? According to Smart Money, some of the franchise promotions and giveaways lately have [...]
Discount fast food franchise promotions like Subway’s $5 Footlongs, Quiznos Million Sub Giveaway and McDonald’s $1 menu, and Burger Kiong’s $1 Double Cheeseburger are attractive to consumers and great for the franchisor… but what about the franchise owners who foots the bills? According to Smart Money, some of the franchise promotions and giveaways lately have [...]
Discount fast food franchise promotions like Subway’s $5 Footlongs, Quiznos Million Sub Giveaway and McDonald’s $1 menu, and Burger Kiong’s $1 Double Cheeseburger are attractive to consumers and great for the franchisor… but what about the franchise owners who foots the bills? According to Smart Money, some of the franchise promotions and giveaways lately have [...]
Discount promotions like Subway’s $5 Footlongs sub campaign provide are attractive to consumers and great for the franchisor… but what about the Subway franchise owner who foots the bill? According to Smart Money, Subway franchisees make a “Profit of roughly $1.20 a sandwich.”
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Product discounting is one of the hottest topics in franchising. Here’s why: [...]
Question: Can Little Caesar’s franchise owners really make money on a five-dollar pizza?
Answer: Not much.
SmartMoney.com surveyed franchisees from different franchise chains regarding the cost to them of some current and recent promotions. The Smart Money article points out that franchisees generally bear the brunt of a promotions’s cost, including the food, labor, rent and [...]