Oct 16

Franchise Businesses And The Philippine Economy

The success of franchising business in the Philippines didnt only contribute to the growth of the sector, but also the growth of the Philippine economy due to its demand among the wealthy as well as the average Filipino.

Franchise Businesses Today
Unlike in the past in which most franchise business in the Philippines were large businesses such as convenient stores and fast-food restaurants, most franchise businesses in todays market are small businesses such as food-carts and food-stall businesses.

Other than its relatively smaller size compared to convenient stores and restaurants, food-cart and food-stall businesses can also offer a relatively lesser expensive franchising cost, in which according to many business experts in the Philippines today, can go as low as 20,000 Philippine Pesos a franchise.

Because of its affordability, food-cart and food-stall businesses quickly became popular and in-demand in the Philippine market, in which many business experts have said, had largely contributed to the growth and success of the franchise industry in the Philippines.

Contribution to the Economic Growth of the Philippines
The growth of the franchise industry had also contributed to the growth of the Philippine economy, according to the PFA or the Philippine Franchise Association which is the pioneer and biggest franchise association in the Philippines. It is the voluntary self-regulating governing body for franchising in the country with 180 franchisors and allied members nationwide.

According to the PFA, due to the popularity of food-cart and food-stall businesses, the number of Franchising business Philippines in the country had significantly grown from 50 in the 1990s to over a thousand today.

This growth had also reflected on the growth of the Philippine economy. According to them, the massive growth of the franchise industry had created thousands of enterprises and generation of hundreds of thousands of jobs, making

Oct 16

The Influence Of Internet On Modern Business

An Internet Marketing program has two sides. One is the part devoted to individual customers. The other is the business to business component. E-commerce programs as well as advertising, sales support, customer service and public relations are all elements of an internet marketing program.

Similar companies compete against one another while being only a click of the mouse away. In other words, a buyer can locate numerous sellers offering similar merchandise, similar prices and similar offers in a very short time period. As more people and businesses become comfortable with the internet, the marketing landscape will continue to evolve quickly in the coming years.

Use of the internet has exploded during the last few years in both the consumer and business-to-business markets. Although the experts still debate the future of the internet, no one doubts it is having an impact on how business is taking place in the twenty ‘first century, even with all of the – – dot crashes – – of the late 1990s. Here are some facts about the internet that highlight its tremendous growth and presence in society:

– The most common products consumers’ research online and purchase off-line (at the store or outlet) are: automobiles, computer, hardware, travel, electronics, books, appliances, music, sporting goods and clothing.

– Over 25 percent of all business-to-business purchases are placed through some type of internet connection.

– The five top business-to-business e-commerce products are computers and electronics, motor vehicles, petrochemicals, utilities, papers and office products.

– In 2004, 10 percent of business-to-business advertising dollars were spent on the internet. The total amount spent was $8.7 billion.

– About 54 percent of the e-mail users have responded to an e-mail advertisement. Almost half purchased a product.

– Internet retail sales account for almost 2.5 percent of all retail sales.

Business-to-business

Oct 16

How To Keep Your Business Engine (Your Health) Humming

As a Mompreneur, you know that many depend on you so regardless if you are sick, the show must go on. But don’t underestimate how your well-being powers your business success.

Your health is your business locomotive-from giving you bling you need to nail presentations, courage to make scary, rejection-laden sales calls; to energy for everything else.

To optimize healthiness, alternative and complementary medicine encourage prevention to avoid getting run-down.

Alternative Medicine claims to replace traditional medical treatments. Complementary medicine accompanies traditional medical approaches. Both take a wholistic focus on the mind, body, and soul to restore and maintain health.

See how many of these non-traditional health practices you can incorporate to boost your health quotient and your entrepreneurial energy to blow out your business goals:

Mind Therapies – Psychotherapy and coaching sharpen your mind differently. In psychotherapy you better understand your feelings and choices and increase your self-knowledge and self-acceptance. Coaching delivers fresh perspectives on your challenges, better decision making, more confidence, and greater productivity and effectiveness.

Body Therapies – Meditation, deep breathing, massages and reflexology treatments clear the mind and lessen anxiety. Some body approaches stimulate lymph flow to enhance your immune system. Natural Family Planning Systems like the Creighton Model Fertility Care not only helps couples regulate pregnancies, but can be potent diagnostic tools for serious health disorders. Vitamins supplement your diet by filling in for vitamin deficiencies. For example, calcium supplements increase bone density inadequate calcium in the regular diet.

Soul Therapies – Spiritual direction, prayer, Eucharistic adoration,and attending daily Mass foster a transformational moment-by-moment friendship with God. Prayer heals, and increases your joy and life satisfaction.

Despite preventative efforts, the environment and genetics play critical roles in your health. Continue to embrace a wholistic approach in collaboration with your traditional med doctor by searching alternative and complementary medicine options.

Significant research backs traditional medicine,

Oct 16

What’s Bad In Making A Copycat App

Clone, imitation, copycat, rip-off. There are many names for this phenomenon, which is the most obvious solution by lack of ideas. But what’s worse, it is often applied in unoriginal attempts of chasing popular trends and software products.

Nowhere is it obvious and compelling as in the mobile game category. In fact, there are very similar apps in every category, but it’s the games, such as 2048, Angry Birds, and Temple Run, that come to mind first. The bad in making a copycat is bad not only for their developers and/or owners, but for other people as well. Let’s see why.

Imitation Has No Identity

Software owners and developers can implement other apps’ distinct features as a part of their own products. Their products may have a completely different philosophy and succeed. But a copycat by itself won’t bring them any success. It will simply work for the app that got cloned. Everybody prefers originals, no matter how good a copycat is. Ever since Instagram became so popular, there have been lots of related photo/video apps which were all named ‘Insta-this’ and ‘That-gram’. It all even went that far so that stores were rejecting such apps. But no matter what the name of the clone is, you’d still think of Instagram, wouldn’t you?

Bigger Chances Of Copyright Infringements

Not everyone is like Apple and sues for this and that – that’s why we have so many app clones. But Apple is Apple, and their control filters out much litter in apps, and struggles with infringements and use of unauthorized content. It is also easy for developers to contact and report such violations at both App Store and Google Play. They can be unintentional but it’s always a matter of proper revision.

Flooding Copycats Kill Off The Monetization

Over the last months you could watch clones of the

Oct 16

Personal Concierge Services Are Now The Latest Trend And A Need Of Business Executives

Concierge services were once thought as a luxurious service offered to high society millionaires and high profile corporate personnel. Today, due to the high competition in the business world, almost no one has the time to do their small but important work; some employers are offering personal concierge services to their senior management personnel and are also getting the benefits out of it. According to the employers, if they do help their employees this could help their company in boosting productivity and morale. Personal concierge services like on-site car washes, dry cleaning drop off, discount tickets and travel planning make the workplace a more pleasant and productive environment.

Personal Concierge is not only meant for large corporations, also outside of the corporate environment, high profile people use the luxury of using of personal errand services. However, today, anyone can receive the time-saving benefits offered by using personal assistants. Personal concierges play an important role in reducing the stress experienced by busy professionals and single parents who can not do it all.

Business executives and senior managers, by nature, are very busy people; company meetings, sales conferences, business reports, management duties, delegation, training, and other duties take most of their time. In spite of possessing great time-management skills, there is still not enough time in the day for them to do to meet their other priorities. Concierge services and personal assistants are trained to do their menial, day-to-day, tasks with complete competency and professionalism

Personal concierges are detail-oriented and mange a variety of tasks including sorting out bills, organizing activities, personal shopping, waiting for deliveries, grocery shopping, pet sitting and more. They do more than run errands. They stand in queues, research events, book tickets, plan holiday vacations and can find the most efficient and affordable methods of travel when needed.

Oct 15

Small Business Loans To Keep Your Business Running

One of the most popular kinds of small business loans is the business lines of credit. Any business operator or owner will be granted a lifeline if he opts to go for a business line of credit. People who run small businesses will find this kind of loan to be extra helpful. The money from small business loans like this can be used for any purpose ranging from financing their bill payment, meeting the payroll demands or simply just keeping the operations running when there is a downtime for the business. Banks and financial institutions meanwhile get a chance to keep that business on a short lease of credit while the market value for the business and their future rankings are determined.
The good news regarding these kinds of loans is that they are easily available and even for people that have not been running their business for long or have just started out in the industry. But getting business lines of credit is not that easy because in normal circumstances you will require to provide some kind of personal guarantees to banks or other financial lending institutes that you can pay back the loan amount in good time. Some banks and financial institutes also require the users to undertake a co-signing agreement.
Normally banks and other financial institutions usually give small business loans to companies or organizations that have been operating successfully for a period of more than two years. This stipulation is in place due to the fact that the chances of a business or organization failing in the first two years of its life are much greater than the chances of it failing after a period of two years. Therefore once a company or bank passes this threshold period of two years, it will be

Oct 15

Why Product Liability Is So Important In Today’s Business World

For many business owners, liability insurance is something that they are very aware is crucial for their business; but many don’t know that there are different kinds of liabilty policies to choose from, much less which policy is right for their business. While there are actually many to choose from, the primary three are professional indemnity, product liability, and general liability.

Let’s begin with product liability insurance, and even more so, let’s begin with actual product liability. The legal responsibility an entity bears towards a consumer using a product is called product liability. This responsibility is taken into account when a claim is brought by a consumer of physical injury, damage to property, or some other loss, that happened directly as a result of a problem with a product handled by that entity.

A manufacturer’s responsibility lies in the workmanship of the product and in the packaging. If the product is created with inferior work, has defects, was built using inadequate materials, or has individual pieces that don’t function correctly, or if the product isn’t labeled with proper & improper uses, the chances of product liability goes up.

The other businesses involved in releasing a product to the general public are also at risk of having a claim brought against them for product liability. In the US, consumers with a product-related claim are entitled to know about every business on the chain of distribution, and can bring a suit or claim against any of them.

Another interesting note about liability concerning products: the person who brings the claim or suit against a company doesn’t even necessarily have to be the person who bought the product. They don’t even have to be the person who was using the product when damage or injury occurred! If someone is standing or walking nearby

Oct 14

Starting A Computer Reseller Business In South Africa

The IT industry in South Africa is an ever growing market. Technology is a part of our everyday lives and is constantly improving and expanding. Why not tap into this massive income opportunity? Starting your own business normally involves a lot of planning and startup capital, but what if this is not necessarily the case? Have you always wondered how you can start a computer business with little or no capital? Then I have good news for you; its possible!

South Africa has a huge market for computer products and services. You can reap the benefits by starting your own reseller business and this is easier than most people realize. Think about it. You need the right products, i.e. suppliers, potential customers, an advertising medium and of course a location. Now this can all be accomplished in a few simple steps. You can do all this online and work from virtually anywhere in the world. Compared to other business opportunities, this is one of the best businesses to have. Your expenses are minimal, leaving you with a high income potential. Added to this, you have no inventory, no employees and no overheads. You now have an online business

There are basically two ways to do this. Your first option would be to register a business (about R150 at CIPRO) and open a bank account. Then you need to find the various suppliers and apply for an account. Then you need to set up a website for people to be able to find your business, place orders, etc. Lastly you need to market your products and services as much as possible.

Then there is a perfect solution for those wanting to start an IT business immediately: For a very small monthly fee you can join a Reseller Program that

Oct 14

Set Up An On-line Perfume Retail Business – Salehoo Dropshippers Sell Perfumes At Discount Costs

The business of selling fragrance could be a highly lucrative venture to have interaction in. If you would like to achieve success in your online retail business, then do business with a dropshipping company that enables you to amass goods at lower wholesale prices.
The character of dropshipping involves you as the retailer who will receive the payment of the customer, and then your next task is to contact the perfume dropshipper to notify them of the orders. It is the now the dropshipper who can package, ship and delivers the ordered product to your customers’ doorsteps.
Many dropshippers can be found within the web. However how will you distinguish between a scammer a highly reliable one? The SaleHoo database is an on-line directory of manufacturers, wholesale suppliers and dropshippers that are considered the most effective in their fields of specialization. SaleHoo saves you the time and effort in trying and scouting for reputable dropshippers that you can do business with as a result of they make it their responsibility to scrutinize every company and verify their capacity and reliability. All you would like is to judge each company based on the figures that are present within the SaleHoo database and you’ll be able to currently create the simplest decision on what company to deal with.
There will be times when it is troublesome to acquire supply of bound in demand perfumes in stores. But when you cope with a highly efficient dropshipper, you’ll be able to easily get these perfumes and sell them online as a result of these dropshippers often have direct contacts together with your manufacturers of perfumes.
When you have smart dropshipper your only role here as the retailer is to identify the target market, advertise your wares, and rake in sales.

Oct 14

Low Entry Barrier Businesses For Entrepreneurs

As far as doing your own business goes you need to find a way that can make money for you at least initially without spending a large amount of money. There are other set of entrepreneurs who take huge amount of risk by putting large amount of their won money into a new venture and also take huge amount of loans for setting up the business.

That said the first kind of entrepreneurs are always looking for businesses which have low entry barriers in terms of money as well as the know how or the technology involved. These low entry barrier means that you do not have much to lose if the business does not work well. However on the other side the low entry barrier means that a lot many other entrepreneurs will be working in the same niche as yours and it means more competitions.

In low entry barrier businesses the dedication, patience and perseverance in the initial years is what will distinguish the long term players from the non serious ones.

High entry barrier businesses require massive amounts of cash to start as well they may involve buying of specialized technology for starting a business. An example of a high entry barrier business is petroleum refining business or steel making business which will require huge amount initial capital outlay. Look at the number of steel making companies in the world and there would be just a few hundred only.

Some examples of low entry barrier businesses are home inspection business or the telemarketing business which require nothing but human resources. Similarly in the online world the internet marketing business or affiliate marketing business requires very less capital outlay.

In fact a lot of work at home businesses are low entry barrier businesses and sad but the true

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