Category Archives: Market and Franchise

Own A Franchise Financial Conversations To Have With Your Family Before Choosing A Franchise

Own A Franchise Financial Conversations To Have With Your Family Before Choosing A Franchise

Guest Blogger: Ray Moore, CFE, Vice President of Development, BrightStar

The successful franchisee will first and foremost find the right fit. The right fit may be the one that best fits his or her financial resources and goals. The potential franchisee should sit down with their spouse and family and ask some hard questions. Together they will have to decide what outcomes they need to realize to consider this venture a success. They will have to separate out the must have or non-negotiable outcomes before shopping for a franchise opportunity.

The couple/family should agree to the following each family will have to fill in the blanks according to their own circumstances. Its a good idea to consult an accountant:

1.We will not invest more than $_____ of our cash/liquid capital.
2.We will not borrow more than $______ in additional funds to capitalize the business.

With any start up, business owners need to have enough money, either set aside or in other income, to cover household bills and run the business for 12 to 18 months. The following questions will help determine how much is needed:

3.To make sure we can still live comfortably while growing the business, we will cut our household budget to $ ____ per month for at least ____ months and be sure to never exceed that budget.
4.We will only buy a franchise that we have confidence can get big enough to feed itself, i.e., income (cash flow) will cover monthly business expenses (fixed and variable costs), no later than ___ months after signing the agreement.

With many new business start ups, the owner will not be able to take a salary for 1-2 years. The family needs to know that household expenses will be covered during that time.

5.We will only seek a franchise for sale that we have confidence will be able to pay me a discretionary salary (enough to cover some or all of household expenses) without harming the business no later than ___ months after signing the agreement.
6.We will generate other income of $___ (amount needed to make up for loss of other income and savings budget) from ___ (spousal income, other household income or investments) independent of the new franchise business.
7.We will only pursue a franchise business opportunity that will allow us to have our initial investment back, i.e., pay off the start up loan from business income, in ____ months/years.

These are just some of the items that typically come up, or should come up, during the conversations leading up to buying a franchise. Asking the right questions will get you the answers you need. Ask them of yourself, your spouse, your family, the franchisor and other franchisees so you can get the full picture of what your life will be like while building your business, and what it can be like once you have established your new franchise.

Ray Moore, CFE, BrightStar

An Unfading American Choice About Pizza Franchise Opportunities

An Unfading American Choice About Pizza Franchise Opportunities

The pizza industry is just one of among the most lucrative business in the U.S.; with a consolidated earnings of over $40 billion this 2013. The sector additionally never looks to have a lack of customers, with an average of about 90 percent of all Americans enjoying pizza approximately once a month. No matter if you’re preparing to start a little something fresh or to capitalize on the popularity of a specified brand, terrific pizza franchise opportunities could be made better by grasping these quick tips:

Make Thorough Assessments. .

Capital is a significant matter when taking up a franchise business, and this incorporates the monetary resources and real estate important to sustain a business locally. When it comes to any food business, on the other hand, connectivity to ample materials of high-quality ingredients is equally as crucial, so you’ll ought to consider shipping and storage costs accordingly. Lastly, you’ll ought to look at the franchise area, local climate conditions, and market demographics to decide on the viability of the enterprise.

Do Your Homework.

Previous to consigning to any business judgment, analyze the several franchise prospects available so you can pick the best option. After all, it is certainly never a good idea to follow your intuition on its own; you also ought to make an enlightened and experimental examination of any business opportunity. Learn about the licensing terms and your fiscal responsibilities as a franchisee so you’ll know exactly what is anticipated of you.

For instance, you may be called for to invest in equipment and materials solely from the franchisor. If you might, talk with other franchisees and request their guidance. It also never hurts to check the franchise’s details against the Better Business Bureau (BBB) or the Small Business Administration (SBA).

Get Everything in Writing.

It may not be wise to choose a disclosure record or a contract proposal. Some franchise deals may also involve commitments that are not written in the contract. If a franchiser is hesitant to even put such words on paper, then that must give you reconsiderations.

Food is a basic necessity, and new franchise opportunities for pizza just about never have to deal with lowered demand. When entering into a likely prosperous business venture like this, nevertheless, it is always wise to tread with care. Browse through the SBA’s quick guideline for acquiring franchises at:. sba.gov/content/franchise-businesses

US Domestic Remittance Market Research Report Ken Research

US Domestic Remittance Market Research Report Ken Research

Espousal of mobile banking and mobile payments continues to augment rapidly in the United State and is expected to change the domestic remittance landscape in the country.

An extensive variety of financial services are currently being offered through the mobile channel in the US. These services comprise of mobile banking, person-to-person payments, mobile shopping and price comparison services. Espousal of mobile banking and mobile payments continues to augment rapidly in the US. Banks are increasingly investing billions of dollars in developing smart apps, providing additional features for mobile banking and remittances. The majority of the banks believe that the mobile channel will help them reduce their transaction cost and increases customer engagement and enhancement. With mobile phone penetration surpassing 90% of the population, the profit potential of remittances via mobile is huge.

The m-remittance market in the country is also observing a growing number of collaborations between the banks and MTOs, facilitating quicker mobile money transfers. For instance, The US Bank has expanded the Western Union money transfer service to its online and mobile banking platforms. Western Union services will be directly integrated with the US Bank mobile banking app. Similarly, MasterCard has partnered with eServGlobal, a mobile payment solutions provider to expand the capabilities of its international mobile remittance platform HomeSend. Hub providers such as BICS HomeSend and few others have made it feasible to integrate mobile wallets or money transfer systems of two different providers. As the companies collaborate and enhance each other’s mobile remittance capacities, m-remittance services are expected to evolve and will become more flexible. Mobile money transfers are a viable option for an under-banked or unbanked population. Many Mobile Network Operators (MNOs) are keen to explore the segment of mobile money, especially for the under and unbanked population in the US.

The market for mobile remittances and mobile person-to-person payments has proved to be a lucrative, as telecom groups, technology companies, retailers and banks have been entering into a business which is projected to grow rapidly in the next few years. More and more companies are expected to venture into the m-remittance landscape, thus bringing in superior technologies and innovation.- – According to the research report.

The report -The US International, Domestic Remittances and Bills Payment Market Outlook to 2018 – Tie-ups and Mobile Remittances to Foster Future Growth- provides detailed overview on the International, Domestic Remittances and Bills Payment Market of the US and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, Money Transfer Agents, Banks and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.

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Author Bio: Contact Person- Ankur Gupta Email Id- Website-

Continued Market Volatility – 5 Reasons Why It’s Not All Bad

Continued Market Volatility – 5 Reasons Why It’s Not All Bad

Reading the recent business headlines, confidence surveys and economic strategy reports regarding the market volatility in Greece and the US, it is apparent that we are all concerned about things continuing to head downhill. This market volatility, including the insolvency issues in Greece and high unemployment rates in the US, will continue as governments reluctantly accept this outcome and in the aftermath global economic growth (and consequently investment returns) will remain below average for years to come. However, there are still some positive areas to be encouraged by, amongst the long list of worrisome points.

1. Share valuations are reasonable. The price-to-earnings ratios in New Zealand, Australia and the US indicate good value for investors. The NZ market is currently trading at an average PE ratio of 13.5 (slightly less than its long-term average of 13.7) and the AU market is at 11.7 (some way below its long-term average of 14.3). The US market PE is currently 12.2, not quite as cheap as the lows reached in the financial crisis, but also much lower than the highs of over 16 that were reached in 2007.

2. Dividend Yields Above Long-Term Average Dividend yields are (in a lot of cases) higher than those available in term deposits and fixed interest may provide some share price support as income-seeking investors have limited choice. NZ Shares & Property Trusts generating an annual dividend yield of 7% AU Shares yielding around 5% are achievable US Share yield on 10yr treasury bonds being outpaced by share markets average dividend yield (rare occurrence).

3. Interest Rates Likely To Remain Low For some time Official Cash Rate expectations have taken a turn from the expectation that they would be raised by 0.5%, with local interest rates on hold for now and any move in the AU rates likely to be down rather than up. The vast majority of us are sitting on floating mortgage rates keeping costs low for borrowers, assisting consumer and business sentiment and also helping yield the gap between shares and other forms of investment.

4. Oil Prices Have Fallen From Their High Oil is a key component for most sectors of industry, and oil prices have a large impact on consumer confidence. The West Texas oil is 25% lower than its May high and Brent crude is 12% off its highs.

5. Corporate balance sheets are much stronger than they were in 2008. The corporate world is on a much more secure footing than it has been in the past. Average debt levels in Australia are now at 27% (compared with the long term average of 50%). Corporate debt levels in New Zealand and the US have fallen by a similar amount.

Cashing In With A Holiday Franchise

Cashing In With A Holiday Franchise

If you’re interested in investing in holiday franchises, then you will want to read this article. In this article we will discuss what makes holiday franchises successful, and what to look for before investing in a holiday franchise opportunity. After reading this article you should be able to assess whether or not a holiday franchise is right for you, and if so which one would be a good investment.

Every business has a time of year where it is more profitable than any other time. Most good holiday franchises peak out during a specific holiday like Halloween, Valentine’s Day or Christmas. However, most successful holiday franchises are able to sustain business throughout the rest of the year or Elise break even with costs, or can operate profitably only a few times a year, and then close down for the rest of the season.

Secondly, they can work in reverse. Some businesses that are very successful overall, are even more successful during the holidays. Look at UPS — it’s not specific to holidays, but during holidays when everybody’s buying gifts for loved ones across the country, they will need a way to deliver those packages. This is what makes the UPS franchise such a great holiday business. Things to consider when looking for holiday franchises is to think outside of the box.

If you’re stuck for ideas on different holiday franchises to look at, think about what businesses complement different holidays. For example, Ms. Fields cookies are perfect for Christmas, because Santa Claus is known to eat cookies. Not only that, people like to buy cookies for gifts for Christmas. If there’s a certain holiday you’d love to have a business franchise revolve around, think of all the complementary goods that are related to the holiday. Make a list, and then analyze different franchise opportunities which coincides with that list.

I recommend looking at Holiday Franchises as a way to add to your franchising portfolio, not for someone that is just getting started. While these franchises can give you so much success in the holiday months that is makes up for the lack of profit during the off-season, it can very risk to put all your faith in just a couple of months. For example, what if one Christmas season there was a shipping scare due to terrorism? You as the franchisor could of just lost tens, possible hundreds of thousands of dollars due to the lack of faith in the shipping industry.

Finally, a holiday franchises is just like any other franchise. It needs to have a proven track record, a profitable business model, and the demographics in your area you to coincide with the demand for the franchise. Do your homework, and make sure you get a franchise lawyer to analyze the franchise agreement.

In conclusion, follow the advice given in this article and you should be well on your way to finding the right holiday franchise that fits your needs perfectly.

Kfc Franchise – What You Need To Know

Kfc Franchise – What You Need To Know

A KFC franchise is just part of the umbrella of the Yum Brands empire. Yum Brands is the largest restaurant franchise system in the world. KFC franchises are located in over 80 countries worldwide and have sister franchises like Pizza Hut, Taco Bell, Long John Silvers and A&W.

There are quite a few advantages of being part of the Yum Brands family however, owning a KFC franchise may not be right for you.

First and foremost, any potential franchisee must be prepared to own more than one franchise. Therefore, if you want to open a KFC, you’re also most likely going to need to open another franchise in the same location. That’s why you see so many groups of fast food stores in the same location. A good idea would be to consider owning multiple franchises on multiple sites.

Yum Brands has quite a reputation for having ambitious business owners as their franchise owners. To be considered on their “good list”, you’re going to have to own at least three KFC franchises. In fact, ambitious franchise owners will get help from Yum Brands on building up their franchises.

The upfront cost to get into a KFC franchise is why so many people do not qualify for this particular franchise. Go ahead and plan on spending 1,000,000 to 2,000,000 to start up your KFC franchise and partner brand franchise. Furthermore, your net worth has to be above 1 million and you have to have liquid assets of at least $360,000. On top of that, you must have experience in the food service industry or least your partner must have that experience.

Plan on spending at least a year going through the whole process from start to finish. If you qualify based on their requirements, you will meet with the Yum Brands leadership to see if the relationship would be a good one for both parties involved. Then there would be the work finding a site and all that other fun stuff.

Bottom line is owning a KFC franchise can be very profitable and a very solid investment even if you can qualify for the high demands of buying a KFC franchise.

The 6 Ws Of Target Marketing

The 6 Ws Of Target Marketing

As with any full color printing ad that you create, theres one thing that you should know when you plan- who is your target market?

Defining your target market means focusing on target clients that have the potential to become definite buyers of your product or service. They are the ones who have a need for your business. They are most likely small groups that have the same needs, wants, problems, issues, interests, and experiences.

When target marketing, not only do you customize your color printing to address the needs of your potential clients; it also allows you to limit your costs so you can work according to the resources available to you.

So who is your target market? In order to get those who would actually buy from you, you need to know the 6 Ws of target marketing:

Who?
Who would benefit most from your product or service? Who has the most potential to buy from you? Are they men or women? Does your product create excitement among the young generation or the much older ones? Is your target market family-men or are they single-working moms?

What?
What do these target clients want to buy? What are their interests? Are they easily keyed up everytime a new model of mobile phone comes out of the market? Are they a techy-kind of clients? What do they mostly purchase each year?

When?
When do they usually buy- when they have the money or when they need it? During sales or even on regular days? When do they shop? Do they enjoy wrestling with so many people during sales? Or they would rather buy after everyone has stopped the buying frenzy? Do they buy on impulse?

Where?
Where do they usually buy- at the local grocer or at the mall? Do they drive to out-of-the-way shops to get specialized items? Do they get excited when they see thrift shops or outlet stores? What about garage sales?

Why?
Why do your target clients want to buy? Because they need it or they buy it on a whim. Do they actually believe that your product or service is effective?

HoW?
How does your target market buy? In bulk? Are they interested more on single purchases? What about buying wholesale?

So who is your target market? They are the ones who satisfy the 6 Ws of your marketing campaign. For your next color printing
ad, understand your target market and create a marketing campaign that answers your target clients needs and wants. Not only would you be able to have an effective ad in your hands, but gain as many clients who you can benefit immensely in the process.

Cctv Market In China Showing Unmatched Growth

Cctv Market In China Showing Unmatched Growth

Rapid expansion from conventional base, ranging from the financial, insurance, and IT sectors to the construction, transportation, and education fields has paved the path to glory for Chinese safety and security market. However, the development of regional economies assisted by building infrastructure, such as roads, telecommunications systems, and airports still remains the main area of concern for the Chinese Government. Airport security still holds a major share for video surveillance in the country. Hospital and health institutions also represent a lucrative segment of the safety and security market. Further, a recent report by RNCOS titled, Global CCTV Market Forecast to 2014, forecast CCTV market in China to reach an amount of US$ 3.9 Billion by 2014, growing at a CAGR of around 27% since 2012.

Currently, the surveillance system market is dominated by digital systems, which are gradually replacing analog systems. The IP-based video surveillance market, which accounted for an estimated 15% share of the total market in 2009, is recording rapid growth. It is further anticipated to account for nearly 26% of the total market by the 2014-end.

Also, video surveillance market has been experiencing significant growth across the globe over the past few years owing to rising concerns for security and safety. This has resulted into an increased demand for technically advanced surveillance system, thereby, creating huge growth opportunities for CCTV manufacturers, operators, and distributors.

The region-level analysis, carried out in Global CCTV Market Forecast to 2014, revealed that Asia and Middle East will gain significant share in the global CCTV market by 2014-end, capturing around one-fourth share. India and China with their huge population base will be the key drivers in the Asian market. The report also discusses the CCTV market in major countries like the US, Canada, the UK, Italy, Germany, and Russia, among others, and presents forecast for almost each nation. We have chosen these countries for the purpose of our study, keeping in view the current market trends and growth potential. Overall, the comprehensive research aims at providing an unbiased picture of the global CCTV industry to help clients understand the market dynamics and make sound investment decisions accordingly.

For FREE SAMPLE of this report visit:

Some of our Related Reports are:

– Indian CCTV Market Analysis()
– Global CCTV Market Analysis (2008-2012)( )
– Global Biometric Forecast to 2012()
– Smart Card Market Forecast to 2014()
– IAM Market Forecast to 2013()

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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

How to Deal with Stock Market Volatility

How to Deal with Stock Market Volatility

Market volatility is a fact of life when it comes to stock market investing. Stock prices fluctuate daily. Markets ebb and flow over time in line with the economy and business cycle. But when it comes to current stock market volatility, Wall Street has been unpredictable with triple-digit swings in the Dow and media hype-driven trading.

In times of extreme market volatility, whats an investor to do? Sure, it makes sense to turn to a trusted financial advisor for advice to get a handle on whats going on with the current stock market situation. But everyone has an opinion, and there is rarely consensus. With insider information and dissected financial media reports, some may be thinking its the beginning of the end while others see it as a bump in the rocky road.

You probably shouldnt rely on the financial media who do a great disservice to us investors by encouraging panic and fear. So-called experts on primetime TV who foresee doom and gloom or rapid recovery dont own or use crystal balls. They really have no better idea of future market conditions than you do. The truth is, nobody really knows. And if they claim to, theyre probably just pretending. Past events cannot dictate the future of the market. A solid financial planner will tell you that stock prices dont follow a pattern. There are no codes to break no trends to analyze. Just watch the stock market activity for a couple days. Youll see that what happened yesterday wont necessarily affect tomorrows stock prices.

So, whats best? Pulling the cord and jumping? Sticking it out and hoping for the best? Some believe that investors who scrutinize the financial news and make investment decisions based on predictions often end up losing money. They believe that those who stay the course and ignore market volatility reap the returns of the capital markets. Others are tired of being told they should just buy and hold, so they panic and sell.

The traditional advice financial advisors give in a market such as this would be to hold tight and don’t give into panic. It is easy to be pulled away from a strong long-term strategy when markets are under pressure. The numbers would suggest that it is important to stick with your long term strategy and remain mindful of getting caught up in the emotional drive of the stock market. Opportune selling times rarely surface during periods of elevated emotions.

Tips To Successful Market Gardening For The Beginner

Tips To Successful Market Gardening For The Beginner

Market gardening is a great business, but you need to start with the right information. If you are a beginning market grower, or thinking about becoming one, follow this advice to maximize your market gardening results.

Successful Market Gardening Tip 1: Grow natural. Demand for organic produce is increasing by as much as 20% annually. And fresh local organic produce commands a premium price with your customers. So don’t compete with everybody else at the bottom of the market; go after the top. Grow better vegetables, get a better paycheck!

Successful Market Gardening Tip 2: Grow for your end customer. Avoid middlemen and wholesalers and go right to your end customer. You will make and keep more money by dealing directly with consumers. And as a bonus, you will get to know them, find out their likes and dislikes, and perhaps find out other things you might provide them. This is a great way to add a sideline business to your market garden.

Successful Market Gardening Tip 3: Grow a large variety of crops. If you grow enough different crops, you are less threatened if one particular crop fails to produce. For example if you grow 30 varieties of vegetables and 3 don’t thrive, you are still operating at 90% capacity. Growing a large variety of crops also ‘stretches out’ your season, as different vegetables mature at different times. While the mix will change as the season progresses, aim to have a dozen or so different vegetables ready for sale all the time.

Successful Market Gardening Tip 4: Don’t grow unless you know you can sell it. For example, while you may love Eggplant Parmesan, make sure enough of your target market will buy eggplant before you plant an acre of it. Observe whats selling at your local farmers market, and grow (mostly) the same things. It’s OK to experiment ponce in a while with an unusual crop, but be prepared to eat the results!

Successful Market Gardening Tip 5: Remember, market gardening is just as much about the marketing as the gardening. This is the most important tip of the 5. If you don’t believe great marketing is just as important as growing great vegetables, consider this: you might grow the healthiest, tastiest, most beautiful vegetables imaginable, but . . . if nobody knows you got ’em, nobody can buy ’em!

Marketing is how you let people know about the great vegetables you have for them. And if you are growing really great vegetables, you should be proud to tell them! To be really successful as a market gardener, the marketing has to come first. In other words, you need to know how, where and to whom you will sell it before you grow it.

Follow these 5 tips to to ‘grow’ a successful market gardening business of your own.