Category Archives: Market and Franchise

Consumer right protection in an open market economy

Consumer right protection in an open market economy

Globalization has an important effect on regional economies, societies and cultures. This is done by integrating a global network of societies, cultures and trade. The term is associated with economic globalization. There has been a positive effect on the development of third world nations.

India, China has emerged as global powers in terms of consumer market and cheap labor. This has resulted in improved opportunity for jobs that is pouring in from USA, Europe, etc. The integration of consumer market world wide has resulted in aggressive marketing. Several large corporations are doing business in USA.

There are several types of consumer protection laws to protect the interest of the consumers. This ensures quality control of product being sold in US market. The governments on several occasions promote competition to some extent. This indirectly has resulted in consumer protection too.

This is because presence of one single company for a particular product will result in monopoly business. If the product is a necessity then the consumers will be left with no space to bargain.

A consumer is a person who has purchased a good or a service with the intention of using it. A person who has purchased for the purpose of resale can’t be called a consumer. He can be retailer, distributor, agent, etc but not a consumer under any circumstance.

Here in USA both the federal and state governments take care of consumer related matters. There are several types of laws taking care of consumer related affairs, they are: 1) Fair Credit Reporting Act (federal law) 2) Fair Debt Collection Practices Act (USA Statute) 3) Truth in Lending Act (federal law) 4) Fair Credit Billing Act (federal law) 5) Gramm-Leach-Bliley Act or Financial Services Modernization Act of 1999

There are several other acts that are in the process of drafting and many other that will come up in the future. The federal level consumer protection is enforced by Federal Trade Commission and Department of Justice.

There are several consumer protection groups and together lobbying groups which influence legislation. There are several groups and forums which educate consumers and provide them with tips in case of consumer right violation.

In terms of consumer protection law California has the most stringent protection laws. This is due to the presence of several influence groups that are active in this state -Consumer Federation of America, Utility Consumers Action Network, etc.

In case your consumer rights have been violated contact a . There are several good consumer lawyers who you can find from online legal directories or simply from internet. You can also get a lawyer or an attorney from consumer forums too.

If you are looking for a New York based reputed lawyer, please visit New York Attorney Directory to get the required information.

Finance A Franchise For Subway

Finance A Franchise For Subway

When it comes to buy a Subway Franchise, the first think which clicks in the mind is that how you will go to finance it?. Buying a Franchise or coming in the food chain business involves various things like setting up the restaurant, arranging for the shop fitters to fit out the shop accordingly, kitting it out with all the required catering equipment, fitting all the tables and chairs, and many more. That is the reason people usually look for a financer before buying a Subway Franchise. By having a handsome amount in their hand theyll be able to effectively budget their monthly outgoings through a monthly finance package to operate their business immediately with all the equipment they need.

Own a Subway Franchise only by going through the process of financing, as by doing this you are keeping your available capital in the bank, leaving it available for other important business expenditures. It will provide you liquid flow of cash to run the day-to-day business activities. You cant imagine how easily youll get back your return on investment easier by opting to tailored franchise finance package. It will benefit you by lending maximum money to your bank account each month on your lease agreement.

No one can deny the popularity of Subway, not because their unique chain of restaurants but for the quality they provide with mouth watering sandwiches. There is hardly any need to mention that their high profile advertising campaigns and their ongoing popularity and excellent menus are certainly attracting potential franchisees from all over the world. They all want to open their own Subway franchise and want to take a part in the active race to success. If you think about it you almost get it, enormous flexible finance packages on the market are available. It allows you to build in the franchise fee with all useful equipment that goes into the Subway restaurant.

Fulfill your desire to owe a business related of fast food industry by buying a subway franchise. This is the only platform where food have both moderate as well as healthy flavor

Tips for Investing in the Emerging Market

Tips for Investing in the Emerging Market

It is fair to assume that seasoned investors know about the emerging market. They know that the potential for great returns is there, and they also know that this great return usually comes at a high risk. The emerging market describes the economies of developing countries, such as China, Russia, and Brazil. It also includes other countries in Asia and South America, together with countries in Africa.

Given the high risk status, these tips have been written with a view to help you invest wisely into the emerging market.

The Long Term: An investment into the emerging market should be made with at least one eye on the future. If you are looking for a quick return from your investment then many financial advisors will advise against the emerging market.
If you were investing in America in 1920s, over 40 years you would have gained a substantial return. You would also have seen prices hitting the floor. This scenario has been likened to the emerging market. Yes, you should make a good return but it may take a while before it is realised.

Ask questions, receive answers: Advice is essential for any kind of investment, and it is especially prudent for the emerging market given the high risk nature. Many investors ask questions of banks, financial advisers and other institutions which seems like a good idea on the surface. Though knowledgeable, there is a tendency to make all the decisions on your behalf even though you are more than capable of doing so. This, as you have probably guessed is all done for a fee which you pay for.

There are some financial companies however, which are just as knowledgeable in fields such as the emerging market, but let the commonsense decisions be made by your commonsense. Most peoples commonsense charges 0% commission. When you look for advice, try and find a company that is both knowledgeable about the emerging market and is happy to only step in when needed.

Return vs Risk: The emerging market is an area of high risk for investors, but the allure is obviously high return. To make an emerging market investment more viable and to offset the risk, a financial portfolio should be comprised of investments in many areas, and not just one. This helps to offset risk of investing as if one area fails the other areas take the hit and hopefully perform better.

To offset the risk further finding a good fund manager is essential. This often becomes a question of faith especially in the emerging market. As mentioned previously, the better fund managers have enough faith in their ability not to make as much commission as possible through trumping an investors common sense.

Areas which are tipped for emerging market investment are currently China, Russia, and Brazil. Speak to your fund manager however, as they have a better ear to the ground and subsequently will be able to offer better advice.

Small Cap Stock, Obee’s Franchise Systems Inc., Featured In Audio Interview At Smallcapvoice

Small Cap Stock, Obee’s Franchise Systems Inc., Featured In Audio Interview At Smallcapvoice

To listen to the audio interview featuring small cap company Obee’s Franchise Systems, Inc. (OTC Pink Sheets: OBFM) with interviewee Peter Brown please go to our website, listed in the resource box.

Obee’s Soups Salads & Subs is owned by Obee’s Franchise Systems Inc., Obee’s currently has over 50 restaurants open and in development across 21 states. The company has commitments to open over 1,000 additional locations over the next ten years. The chain has won numerous local and regional awards for its food menu and service.

Obee’s Franchise Systems, Inc., (OTC Pink Sheets: CYPW) is an OTC Pink Sheets listed small cap stock company, who recently announced that the first restaurant in Port St. Lucie, Florida has been sold by the company’s Area Developer for St. Lucie county. The obee’s(R) soups, salads & subs, located 10075 S. Federal Highway in the Port St. Lucie Town Center has recently been sold by Bruce Campbell to Mr. and Mrs. Ronaldo Silva. The transaction now clears the way for Obee’s Franchise Systems, Inc. and Mr. Campbell to begin selling new franchises in the territory.

‘Bruce made a very prudent decision when he first agreed to be an area developer for our company,’ explained Peter Brown OBFM President. ‘He decided that instead of immediately selling franchises of a restaurant brand that at the time was unknown in this area, he would instead operate the first location himself and thus become an expert. He has done just that and now we’re ready to assist him in every way possible.’

About Small Cap Voice

Small Cap Voice offers small cap & OTC investor relations services, dedicated to ensuring its client companies gain valuable exposure in the small cap and OTC markets. Through internet interviews, conference calls, emails, investment newsletters, small cap & OTC company news and placement on financial web sites Small Cap Voice creates a consistent presence in the public eye for their clients.

Profitable Franchise In Philippines

Profitable Franchise In Philippines

In the wake of recession many businesses have either gone down or have simply ended. But thankfully some kind of businesses never got affected so badly; those are evergreen fields like chemical industries or food industries or restaurant business. So opening a franchise is the best business. Franchise is set up by the company after good research and testing the viability. Right now opening franchise in Philippines is the best idea.

Philippines is said to be the hub of franchise. Since it attracts lot of tourists attention food franchises in Philippines is very popular as it makes the tourists food of choice available in the foreign land. There are numerous franchises for shopping centers. In Philippines franchise does a very good business and more and more people are getting involved in it.

But many precautions are to be taken before opening a franchise in Philippines like a trusted partner should be found, market value of product and demand in location etc should be well researched on. Otherwise a franchise opened without any research or findings can sink terribly into losses. No company would want this of course bigger brands that are universally famous may not have any threats regarding opening a franchise in Philippines but there is no harm in doing research, it will only help. Confidence of brands popularity might turn into overt confidence just to incur losses. As they say Prevention is better than cure.

Health and wellness centers are also on a boom in the country and so opening any such franchise in Philippines can be surely considered. People go to Thailand and Philippines to get treated for various ailments and so having a wellness or health care center can be viable. But not every kind of franchise in Philippines runs successfully, the product has to be in demand or must be unique and extremely useful. A good market research and public opinion may help to open a correct product franchise.

Philippiness franchise association can be consulted in choosing the right kind of franchise to open according to current trend and demand of the market. This would further help the project to become fool proof and totally feasible. These are efforts to make sure that the franchise has enough takers in the market and that the products are in customers demand and will sell like hot cakes.

But some precautions are also to be taken by giving the franchise to someone. The franchisor should have enough knowledge about the product or service. He should be good at interacting with customers depending upon the kind of product. He should be passionate about his business and treat it dearly. Franchise in Philippines has many takers these days and is a very profitable business considering tourist and migrating population to this small but beautiful country.

Not Your Typical Flea Market

Not Your Typical Flea Market

Edmonton, AB has a discount market that many do not know about, its called the Super Flea Market and it’s located on 50 Street and Yellowhead Trail. This is not your typical Flea Market, what it is, is a hidden gem for shoppers. Over 70% of the products are brand new. They range from designer clothes, purses and jewelry to toys, shirts, caps and much much more.

As a money saver like many of you, I am always looking for the best deal. Even when I go shopping for groceries, I grab coupons for the products Im buying or will buy the brands that are on sale. Its human nature to do this, everyone does, so dont be afraid to save a buck or two. That is why I go to flea markets on weekends as they have come along way from the garage style environment to basically mini money saver malls.

The Super Flea Market is owned and operated by Marwan Moussa has transformed the old age garage style market to a modern mini money saver mall, chalk full of new products and services. He has 2 locations and each one has its own food court. Talking to John Pottie, manager of the northside Super Flea, he tells me people are lining up to get booths and tables for this place. Where do you find that?

I have talked to many of the vendors there and they tell me that they wont leave because the atmosphere is clean and the traffic is steady. This is a good sign for success. There are video game vendors, computer repair shop, cell phone store, coin vendors, these are vendors that you would not regularly see in a Flea Market.

So, my whole point here is, if youre looking to find a great bargain on new products, dont pass up flea markets as they just might surprise you. If you live in Edmonton, AB, Canada or surrounding area, I suggest you stop by on your weekends as you will probably find things your looking for but at a great deal!

How To Acquire Significant Market Share.

How To Acquire Significant Market Share.

Breaking into the market isn’t the simplest of choices for any business. A business must analyse several factors, and every aspect is essential in determining the plan to be undertaken for acquiring market share. Choices such as when, where, and at what level of cost, all play a definitive role in the possible success or failure of any business.

The key to this understanding is that when making a move for market share, strive to be in the limelight – so everyone, potential customers and competitors alike, can’t avoid your presence even if they tried. You should be aggressive in your approach, which can easily be measured by the time, money and effort put into your advertising, sales promotion, publicity and public relations, introductory offers and discounts, etc. The businesses which are able to differentiate themselves from their competitors are the real champions of their industry, and they are, without doubt, the market leaders. They get focused customer attention and unique privileges over all others in their market.

The following activities can be initiated by a business to make their presence felt in the market:

– Differentiated Products and Services – The products or services offered by a business should be differentiated from those offered by others. It might be in the area of technology, design, packaging, the look or just about anything else, but the product or service should have a special and unique image in the thoughts of the customers.

– Customer Focused Advertising – Advertising is an important and effective means of reaching out to your potential customers. Television, radio, internet, mobile phones and print media are the common advertising tools used in today’s world. This advertising should be customer and market targeted. The intensity of this advertising and how many people it will reach usually depends entirely upon the budget allocated.

– Customer Relationship – Customers are the most important aspect of any business, and the aim of all businesses is to reach out to these customers in the most effective manner – as efficiently as possible. The fundamental point of marketing is to create long term relationships with as many customers as possible, and with improved presale and after sales service, a business can deliver quality assistance to the pursuits of every customer, thereby guaranteeing long term relationships and regular custom.

– Introductory Offers and Schemes – It’s very important at the time of entering a market that a business should use introductory offers, rebates, discounts and schemes to stimulate customers toward purchasing products and services.

– Extensive Warranties and Guarantees – Almost every customer will prefer a product that carries some kind of warranty or guarantee. If a new product has some form of extensive warranty or guarantee, most customers will consider that the company is being responsible for their product, and therefore, it’s seen as an “intelligent buy”.

Copyright (c) 2009 Alan Gillies

Advantages Of Direct Marketing

Advantages Of Direct Marketing

B2B direct marketing has been proven effective through all ages. Much more, today’s modern time calls for a regular direct marketing imposture for you to be able to keep in touch with the businesses’ fast paces.

Direct mail can be used for other reasons besides making a direct sale.

Flexible Targeting

B2B direct marketing enables you to talk directly identify, isolate and represent with well-defined target markets. This means you get a higher conversion and success rate than if you tried communicating to everyone in the mass market. And direct marketing online is also far cheaper than mass market communication.

Multiple Uses

B2B direct marketing doesn’t just have to be used to sell – it can be used to test new markets and trial new products or customers, to reward existing customers to build loyalty, collect information for future campaigns, or segment a customer base.

Cost-Effectiveness

The cost per acquisition of direct mail can be significantly less than other marketing methods. Plus once you’ve acquired a customer, you can also benefit from highly profitable repeat sales, gained once again through marketing methods.

Ease of Management

It provides greater control and accountability than other marketing methods. It is easy to measure results because you know exactly how many people you’ve contacted in the first place. Once you’ve run a direct marketing campaign and know the conversion rates involved, you can work on refining and improving your success rates. Plus it also makes it easier to plan, forecast and budget for future direct marketing campaign.

Rapid Delivery

Direct marketing is both swift and flexible in achieving results. This is especially true for telemarketing, one of the direct marketing tools, as the results of a conversation can be logged immediately and scripts adjusted straight away to improve results.

Testing Capability

It allows you to test, test and test again in order to hit upon the most successful combination of direct marketing tools. Any of these variables such as timing, list, message, mailer and offer can be adjusted, tested again, and measured to find the optimum proposition.

Relationship Building

Direct marketing is far more effective at initiating and developing a meaningful dialogue with new customers. From the outset you have a direct relationship with them, which can also be used as part of a push pull strategy to stimulate demand for retailers.

Targeting of Messages

It can enable you to target different messages to different recipients. Using technology such as digital printing, it’s even possible to display different images, designs and offers in a direct mailer according to who it’s being sent to, as well as personalising the mailer to the recipient to increase conversion rates.

Mcdonald’s Franchise Review – The Facts

Mcdonald’s Franchise Review – The Facts

Owning a McDonald’s franchise can be one of the most rewarding experiences of your life if you know what you’re doing, if you have the resources to qualify and if you do it the right way. However, before you do your share of serving billions and billions of hamburgers worldwide, there’s a few things you need to be aware of in order to make the right decision.

Today, there are roughly over 30,000 restaurants spanning the globe in over 100 countries. McDonald’s franchise has been in existence since 1955 and the franchise owners have played huge roles in the overall success of the company.

When considering to buy a McDonald’s franchise, you have 2 options in which to do so. The first is to purchase an existing restaurant from the company or another franchise owner, which happens to be the most common practice. The second option is to purchase a brand new restaurant that is built from the ground up. In both cases, you must have a minimum of $300,000 down payment that can NOT be borrowed. You have to physically have it in liquid assets.

Other important factors in buying a McDonald’s franchise include having significant business experience, good management skills, the ability to manage finances well, you must be able to execute and deliver on a business plan, you have to maintain exceptional customer service and you have to have a good credit history. If you can’t show you have all of these capabilities, then this franchise may not be a good fit for you.

Most experts will tell you that breaking even in the first 7-10 years is doing a real good job of running your McDonald’s franchise. Part of the ongoing expenses include the traditional expenses like rent, utilities, inventory, wages and of course the 4% royalty fees that are based on gross revenues and not net profits. What’s interesting to know is that the McDonald’s corporation usually owns the land the franchises are on and the franchise owners pay their rent to the corporation. In fact, it can be argued that McDonald’s is actually in the business of real estate since they are one of the largest holders of real estate in the world.

Bottom line is that owing a McDonald’s franchise is not for the timid. You have to have considerable net worth, a good track record and still get approval by the company. Not all franchises are this way and if you don’t qualify for a McDonald’s franchise, then there are plenty of other viable options for you.

About Forex Trade An Introduction To Forex Market

About Forex Trade An Introduction To Forex Market

Forex is an abbreviation of Foreign Currency Exchange. People call it fx or 4x as well. Forex market is all about selling and buying of currencies worldwide. It is getting more and more attention globally with the trading volume of about $70 billion when it is first established up to a whopping $4 trillion today. Let us have a look into more about forex trade.

Forex currency market is setup when the fixed currency exchanges are abolished in early 1970s. Since then the trading volume is getting higher and higher every year together with the invention of more advance technology. The trading volume grows exponentially when the introduction of Internet hits global level with more and more retail forex brokers open for forex traders to trade forex market.

The trading of forex happens globally hence there is no centralized location to keep track of all the trading volumes at one particular place. The major trading centers are located at Tokyo, Sydney, Hong Kong, Frankfurt, London and New York. Therefore when you look at the forex market hours you will see mainly those few locations opening and closing hours provided by most of the sites.

Forex is traded in pairs where the strengthening and weakening of the currency is affected by the employment change, home sales, retail sales, interest rates and other important financial attributes. It used to be only the people with certain huge amount of money that can participate in forex trading. The rule changed and we can a lot of forex traders trading to make a fortune out of forex market.

What are currency pairs available for trading? The most liquid currency pairs that most forex traders trade are the currency with US Dollar as base or quote currency. For instance, USDJPY the US Dollar against the Japanese Yen and EURUSD the Euro against the US Dollar. EURUSD is currently the most traded pairs internationally with the smallest spread among all other currency pairs. The spread being the difference between the bid and ask price. Forex brokers earn from the spread instead of commission.

There are more to learn about forex trade as there are many terms use in the world of forex market. It is the right time for you to explore the forex market with endless opportunities to get involve in this huge financial market. You can share a piece of the pie if you really know how to trade currency pairs according to the factors that affect the market.