Why You Should Read This... Warning to Newbies in Putting Up a Business

WHY FRANCHISE WHEN WE CAN HELP YOU SET UP YOUR OWN BUSINESS?

Like most businesses, food cart business can be a main or additional source of income. Not many people may realize it, but it can also be a training ground upon which unlimited potential may stem forth. With a small start up business, one can experience putting up, managing and eventually establishing a business without much fear of risk and losses.

Also for the low capitalization factor had it been a popular start up business in the Philippines. Despite the smallness of this venture, some people may find themselves overwhelmed with all the things that need attending to before they can start to have a food cart business and before the business can take off. Some resort to franchising which have it pros and cons, or some opt to avail of start up business packages with the same established business system as franchises but without the feared restrictions/limitations.

For starters, here are some tips on starting a food cart business:

1. Choose a concept – an Ice Scramble Biz. A lot of people find themselves wanting a concept that matches their preferences, specifically, their favorite food / beverage / dessert / snacks. With preference comes enthusiasm which helps out establish drive in pursuing the business. Ice Scramble Biz is hot, in-demand (selling like hotcakes) and much more profitable.

2. Ensure the quality and affordability of the products. The masses, the usual target market of food cart are not very specific about authenticity of the product you offer, but your product must be good tasting and affordable. Ideally, neither of these two factors should compromise each other. Livelihood seminars offer training on how to produce good products with minimized cost. Not to mention the benefit of increased income by being your own supplier.

3. Location. Your location must have substantial potential market regardless of whether you choose to put your business outlet on a residential or commercial area. What to look out for are institutions like churches, schools, offices, commercial center or subdivisions (with considerable number of tenants) which are indicator visibility and foot traffic Your product must also match your market. If you choose to put up near schools, your products must be something the students can afford.

4. Stall or Cart. You can opt to have someone design your cart/ stall for you and have a carpenter fabricate it. Or for convenience, you can opt for business packages with ready made carts included.

5. Business System. Most aspiring entrepreneurs find it daunting to come up with a business system on their own. As first time entrepreneurs, it is best to start with a simple system that you can follow and implement. Franchising companies are popular also because of the clear cut business system they can lend to their franchisees, but with limitations.

Only a few companies like ours, Icy Delight Scrambles, offer business packages with no franchise fee and royalty fee include simple easy-to-follow business system that clients can modify and further improve according to demand.

7. Ensure good service. Despite good products, businesses fail because of bad service. It is important to know what your market wants so you can deliver accordingly. Your store personnel must be well trained both with how products are prepared and customer service.

8. Monitor your inventory. No supplies, no operations. Simple as that. An efficient business system should have an inventory system to monitor your supplies with. Also, with the sales reports, you can audit sales versus stocks consumption.

9. Permits and documents. Prior to operations, register your business and obtaining the necessary permits. You can ask your business consultant of choice to familiarize yourselves with the procedures and requirements so you can avoid the hassle of going to the respective agencies concerned unprepared, which will only result to wasted effort and time.

ADVANTAGES OF STARTING UP YOUR VERY OWN FOOD CART BUSINESS

1. You can use and promote your VERY OWN business name.

2.  Clients have a wide selection of small and medium business concepts to choose from.
3. Hands on training for your future business ventures.

WHY IT’S MUCH BETTER THAN FRANCHISING

No gross revenue sharing (no royalty or renewal fees).

You can promote your own business name, it will your business name which will become popular. Unlike in franchising, it will solely be the franchisor’s and you always need to consult them.

Business name gets promoted through your outlet. Unlimited income.

No product addition prohibition. You can add more products for a more profitable biz.

You can modify and further improve the recommended business system without any restraints from franchisor.

You can put up unlimited number of business outlets as your business develops without having to pay additional franchise fees, royalty fees and renewal fees.

Why Get Our Package Instead of a Franchise...

The Drawbacks of Franchising

What’s the downside of franchising?

Franchising is not for everybody and it is important that you know what the drawbacks are before making any sort of commitment. It can be an inflexible method of doing business as each Franchisee is bound by the franchise contract to operate in the business in a certain way.

The Franchisor has created a brand and developed a system and to protect it he needs the Franchisee to observe the rules he has set. You’re an independent business owner operating under the Franchisor’s umbrella in Ireland.  But you have to follow the rules.

You’re part of a team now. You’ll sell exactly the same product or service, probably from shops of offices that look the same and, in some cases, wear the same uniforms as everyone else in the network. There’s little freedom to be creative.

You will also be restricted to a defined location—perhaps a town (or part of one) or a broader territory defined on a map. You will be able to operate there exclusively but not outside it, unless the neighbouring territory is available and you get agreement to work it until it is sold.

What you do and how you do it is laid down in the Operations Manual. It’s the Rule Book of the business and every franchise business in Ireland has one. For many people this is just what they’re looking for —a chance to operate a business that’s already a proven success. They’re delighted with a Rule Book to show them what to do.

It means all the groundwork has been done, the procedures are established, and if the business is making money for other franchisees why wouldn’t it work for them. But do consider carefully if you’d be happy to run a business under such constraints.

Don’t forget the service charges—set monthly management fees or a percentage of your gross sales which need to be paid to the Franchisor. These payments are rarely an issue in the early days when you are establishing your business and getting plenty of support. But later, when less use is being made of the Franchisor’s services, a Franchisee can resent making these payments.

What if you get bored with the franchise? Do your homework before you buy and choose a business you’ll enjoy. It is not easy to get out of a franchise agreement before the term has expired and you may have problems selling it on.

Remember, too, that not all franchises are soundly based or run properly. Before you  bind yourself to one make sure it is competent and ethical. Seeing that the Franchisor is a member of a recognised franchise association will offer some comfort but check to see if the business format has been fully tested in a number of locations.

Joining an established franchise is less risky than signing up to one that is relatively new—say, less than one year in business. They’ll be able to show that the business can be profitable and produce accounts to prove it, whereas the newcomer can only offer you hope and expectation.

Depending on the risks you’re willing to take, this type of franchise opportunity will either be attractive or one to be avoided.

There are incompetent Franchisors out there, too. They might mean well but they have little understanding of how the system should work and what training and support they need to provide. The competent Franchisor will have thoroughly researched his market and have tested his business through one or more pilot outlets in different locations. The incompetent Franchisor will have done neither of these things. You could be his guinea pig, and the experience could be harmful to both your pride and your pocket.

As in any other industry, there are rogues out there who think selling franchises is an way to make easy money. They set up a “franchise” which looks great but has nothing behind the facade. With no intention of providing the support that is essential for building a franchise business they then target people who are so keen to buy they fail to make a proper appraisal of the business being offered.

Having said that, the vast majority of Franchisors are decent people who sincerely want to develop people in both their personal and professional lives and in doing so create a network that will give them an income stream for the foreseeable future.

Thanks to your words -  Tony Fitzpatrick.  Kudos!

I Love Icy Delight Scrambles - Ice Scramble Biz Package

photo by ceanji.deviantart.com (thanks!)

Ice Scramble is so Back! 

Every Juan dela Cruz has surely tasted a cup of this yummy, cold treat - iskrambol, ice scrumble or ICE SCRAMBLE. Many, many years ago, this was widely seen along the streets. 

Today, Icy Delight Scrambles, Filipino's version of smoothies, has taken its enticing ways and creative efforts to give our all-time fave ice scrambles some new twists. With its variety of yummy and colorful toppings to choose from, you surely could not resist its appealing taste and charm; you could hardly say no.

The return of iskrambol is fun and very exciting; it simply gives every Pinoy the thrill to chill out, relax, unwind and reminisce the good, fun and old days of their childhood years.

So, what are you waiting for? Grab a creamy, yummy and addictive cup of ice scramble today and see how Icy Delight Scrambles can satisfy your cravings. Indulge in your most affordable and most delicious cup/s today and reward yourself!

To get great deals from Icy Delight Scrambles and be able to start your own small business even in your own comfort zones, please keep in contact with us and our team would surely be glad to be of service. Ping us now!

For inquiries, questions and other details, please feel free to send me an email at Icy Delight Scrambles and jumpstart your own Scramble Biz at a very low and most reasonable price.

You may also text or call us at +63-922-588-2657. 

See us at FaceBook. Add us up and be amazed how affordable and reasonable our prices are.