More than 40% of adults between 25 to 34 will probably dine out on Valentine's Day this year, according to an industry group. Some eateries are extending their Valentine's specials through the weekend to boost business and help customers who have trouble finding a reservation on the big day.
Many entrepreneurs work long hours because of the passion they have for their work, but maintaining a balanced life with family should be counted as part of success. To maintain the family-time balance, parents might consider delegating some tasks, giving children part-time jobs, and outsourcing tasks such as bookkeeping, accounting, Web site maintenance, marketing, public relations and inventory control.
A new New York City regulation that requires chain restaurants to post food calorie counts on their menus also applies to beverages, including cocktails. The New York State Restaurant Association has filed a lawsuit in federal court to challenge the regulation, and a hearing is scheduled this month.
The Wall Street Journal's list of 25 franchise high performers includes Abbey Carpet & Floor, Bojangles' Famous Chicken 'n Biscuits, Home Instead Senior Care, Stanley Steemer and Two Men And a Truck, among others. More than 300 companies franchised for the first time in 2006, according to the International Franchise Association and research firm FRANdata, but the pace is expected to slow as the economy slows, particularly for consumer-focused businesses.
Wendy's International is attempting to make peace with shareholder activist Nelson Peltz by agreeing to spin off its Tim Hortons unit by year's end and possibly to sell its Baja Fresh brand. Peltz, who controls hedge fund Trian Fund Management, also will be able to appoint three members to the quickservice chain's board.