Franchise development and business brokerage companies are seeking franchises with proven business franchise start-ups models to recommend to their clients. Franchise operations that can weather changing economic conditions, offer protected territories, and structure royalty arrangements to promote franchisee success are few and far between. Real estate franchises are particularly vulnerable to changing interest rates and …
In line with its strategy of developing businesses in South Africa, Babcock International Group announces the acquisition, on a debt free basis, of the high voltage power lines and mobile telecoms business of ABB South Africa (Pty) (Powerlines), for a consideration of £4.5 million, funded from existing banking facilities. The Powerlines division reported turnover of …
House Republicans at US Government have issued a last minute proposal to the Small Business Reauthorization Act. The new policy would repeal an existing Federal policy that prevents large companies from using their franchises as fronts in order to obtain small business contracts.
When Kenneth Thomson was born in 1923, his father Roy had barely begun planting the seeds for the media empire that would one day make his son the richest man in Canada and among the wealthiest in the world. The Thomson empire is a rags-to-riches story that began in 1930 when Ken Thomson was a …
Federal and state authorities are working to permanently close a metro Denver counterfeit documents ring allegedly masterminded by a Mexico-based crime family they believe operates in at least 33 states, churning out tens of millions of dollars worth of fake IDs. For months, investigators and prosecutors say they have been working quietly to shut down …
In 1996, 32 Pizza Express franchisees sold their businesses back to the franchisor Pizza Express. Two of these businesses claimed capital gains tax rollover relief in respect of the gain on goodwill under TCGA 1992, s. 152. The claim was subsequently refused by HMRC and the tax payers appealed. HMRC’s argument was that there was …