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OCCASIONALLY a business idea emerges that is so simple you cannot believe it works. Consider the five founders of 3G Capital, an investment firm. Warren Buffett co-invests with them and calls them “among the best businessmen in the world”. They use debt to buy consumer-product firms, then they revamp their brands and slash costs. In total, since 1997, they have launched $470bn of deals, through 3G Capital or earlier entities (for simplicity this article lumps these all together and calls them “3G”). That makes 3G the second most acquisitive organisation in modern history. It sells every Budweiser slurped, Whopper burger munched and bottle of Heinz ketchup squirted on the planet.Yet despite its superb long-term record, 3G is losing steam. In the past two years its total portfolio has lagged slightly behind the S&P 500 index, Schumpeter estimates. Its two biggest firms, AB InBev, a beer giant, and Kraft Heinz, a food company, have returned 6% and 16% respectively, well behind...Continue reading
As for me, being on the way, the Lord led me… —Genesis 24:27We should be so one with God that we don't need to ask continually for guidance. Sanctification means that we are made the children of God. A child's life is normally obedient, until he chooses disobedience. But as soon as he chooses to disobey, an inherent inner conflict is produced.…
From the cost of doing business to trends in the franchise, here are five facts to help you determine if a Jimmy John's franchise is for you.
WASHINGTON, D.C. - TOMORROW, Family Research Council's Arina Grossu, Director of the Center for Human Dignity, will join other local and national pro-life leaders to speak at a press conference in front of a late-term abortion facility in Bethesda, Maryland, that just opened this week. According to Operation Rescue, Carhart is operating his new facility without a required facility license. Carhart has a history of endangering women's health and safety. In the seven years of conducting late-term abortions at his former facility in Germantown, Maryland, at least ten women were rushed to hospital emergency rooms by ambulance suffering from life-threatening complications as a result of the risky abortion procedures he performed on them. Twenty-nine year old Jennifer Morbelli died from complications in 2013 following the abortion procedure in Carhart's office of her 33-week gestation baby girl, Madison. Various representatives will speak about the danger that Carhart is to the community and the need for passage of the 20 week pain ban to end barbaric late-term abortions....