Recession Creating New Crop of Entrepreneurs
One of the advantages of economic downturn is empowerment to most people by enhancing their skills on entrepreneurship because mainly they cannot find work. Unlike in the past, people engage in business because they want to earn big, not just the 9-5 income.
Due to recession, many suffered lay-offs and employment cutbacks and were forced to be creative by looking on other options in life, like entrepreneurship. It is being done out of necessity due to increasing rate in unemployment across the nation. Recent studies show that as of 2009, 2.5% more Americans are now self employed than there were six months earlier. People across the nation are beginning to realize that there is no security in corporate America anymore and that the economy is always uncertain.
Yogurt Franchising Regaining Favor in Retail Sector
Old-school” snack is having a new look and regaining its throne in the retail market. Yes, the 1980’s hip food is back – the frozen yogurt. As more and more people are embracing a healthy lifestyle, the public is gaining awareness on the healthy benefits that it provides.
Yogurt is a dairy product with nutritious and unique health benefits. It is rich in calcium, protein, riboflavin, Vitamin B6 and B12. It contains more calcium and protein than milk because of the fermentation process and the added culture bulgaricus and Streptococcus thermophilus bacteria. The re-emergence of yogurt culture in the retail sector is now widespread as people’s interest in low-fat food seems to be the norms of today. Health conscious consumers has included yogurt to be a part of their lifestyle.
Transparency is the Key When Buying a Franchise
What else should a business expert do more for his clients or business partners if not to provide business satisfaction? Yes, anyone who’s into business should be made aware of the importance of meeting the satisfaction level for both business partners. Take for instance the franchising industry.
Franchising is similar to distribution business whereby the franchisee was given the opportunity to market the product or services. The franchisor is similar to the employer. He’s the one who owns the business, trademarks and the products. And as an owner, the franchisor is expected to provide the following to the franchisee: training, support and financial opportunities. Once the franchisor provided all of these, the franchisee will definitely stay for their business.
Top Franchise Trends of the Year
Franchising is a serious business. One does not take the risk of spending money to get a franchise without hoping to recoup the expenses, or at the very least, one does not attempt to engage in franchising without proper knowledge of how to run the franchised business. While passion is an important element to succeed in the industry, it takes a good training that’s highly focused in the ins and outs of franchising to ensure complete success.
From the result of DC Strategy Research ‘Prospective Franchisee Surveys’ over the past two years, some important trends were highlighted in the franchising world, one of which shows that the group that experienced the biggest growth are those coming from a corporate background, whereas those with moderate business have chosen to tighten their belt to keep up with the recent economic slowdown. Laid off husbands and wives have also become big candidates for franchising and are by the fastest growing segment of franchise purchasers. Franchise areas that are seeing the fastest growth involve fitness franchises and other offerings related to healthy eating especially in the fast food natural and organic segments.
Healthy Franchises are a Top 2010 Trend
More and more Americans are throwing away their burgers and are replacing them with healthy salads. In response to this trend, restaurants and products have changed so they could target the rising number of health-conscious consumers. Aside from these restaurants, many businesses that offer low-carb, vegetarian, all-natural and organic food selections are bursting out in the market.
Based on Datamonitor’s survey, the natural food and drinks market is expected to exceed $27.5 billion by 2007. Furthermore, the number of natural food users in the U.S. is expected to hit 266 million in 2007, up 50 million from 2002. Because of this, health-conscious consumers are now getting healthier food options and it also paved the way for health conscious businesses that offer fresh and healthy food options.
Healthy Vending Machines are a Great Business Opportunity
The U.S. economy may have fallen down due to recession. Some businesses have closed. Some investors are not laying down their investments out of fear that they may just be losing instead of earning.
But there’s one thing that you can do despite of how recession has affected the U.S. For investors who are willing to take the risk, they’ll be experiencing its many advantages such as a broad market appeal, year round business with lesser inventories and overhead, flexible hours, tax benefits, and most of all high profit margins. These make the vending business “immune” to recession.
Healthy Franchises are the Hottest Trend in Franchising
Energy Kitchen is known for its nutritious menu with the simple principle of “anything below 500 calories” and its stable array of health-conscious customers since its founding in 2004. And now the establishment is making another remarkable achievement after signing a development agreement for three restaurants in Westchester County, N.Y., as part of the business’ national expansion plan which eyes for the addition of 1,000 locations in the next ten years.
True to form, more and more people are now starting to embrace a healthy lifestyle and the increasing healthy franchises among health-centric-themed restaurants validate the fact that people are becoming more aware about the impact of healthful food in their lives. And Energy Kitchen is one foolproof of this progressive phenomenon.
Healthy Food Franchises are the Future of Franchising
Gone are the days when our choices for food and drinks from the food franchises are restricted to unhealthy food and sugar filled drinks. Today healthy is in! And it has been starting a trend in the food franchising industry. More and more people are becoming concerned about their health especially with the soaring cases of obesity in America which can lead to serious health problems such as diabetes, cancer, heart problems, and more. Consumers now look for food that is not only healthy but served fast and taste good too. Sure there are many restaurants offering healthy food but they don’t really satisfy you when it comes to taste, but now healthy can be good too. Not just good for the body but good tasting too. Some food franchises are now offering organic pizzas, sandwiches and organic smoothies that are equally delicious as their higher calorie counterparts.
One of the new trends in healthy food franchising includes the consumer’s participation in preparing their meals like the “create your own salad” options in certain franchises. The consumers are given a wide variety of fresh and healthy ingredients to prepare their salad. These establishments also offer other options like sandwiches, soups, smoothies and freshly squeezed juices instead of the sugar filled sodas.
Best International Franchise Consumer Trends of 2010
The 18th Philippine International Franchise conference and Expo (PIFCE) dubbed “Getting Ready for the World,” was held recently to talk about the consumer trends for this year. There were seminars, guest speakers, and lots of activities for entrepreneurs, a perfect opportunity for those who are contemplating on putting up franchise business.
The biggest franchise show was organized by the Philippine Franchise Association (PFA) and supported by the World Franchise Council and the Asia Pacific Franchise Confederation. It was participated by big names in the business like PLDT, MAX, Goldilocks, SEAOIL, IBM, BDO and many more. The two-day convention aims to present the emerging consumer trend bringing it on the next level and be at par with global franchising field. It is the convergence of best business minds from both local and international sharing expertise with the franchising sector of the Philippines.