The Trend in Healthy Vending Machines: A Franchise Fad That’s Here to Stay

Written on February 10, 2011 – 4:58 am | by admin |

Well, well, well. Strange days are upon us when vending machines disperse healthy snacks instead of the fat-and-calorie laden fare we’ve all come to know and love! Interested in capitalizing on a healthy trend? Vending is a $30 million per year industry! And, guess what? The healthy vending machine segment is so new that (as of this writing) sales have yet to be tracked! The early indicators, however, are darned impressive. A San Diego company, Fresh Healthy Vending, generated $3.8 million just 4 months after its start by selling franchises! Which franchise is the best fit for you? This bandwagon is growing bigger by the minute and your choices are varied. I’ll list several:

• There’s the aforementioned Fresh Healthy Vending,

• Healthy U Vending, (a young McHenry, IL start-up),

• Healthy You Vending (a very innovative company out of Kaysville, UT),

• Vend Natural (Ventura, CA and Annapolis, MD), and

• H.U.M.A.N. Healthy Vending (one of the industry’s first).

By no means are these the only franchise companies worth investigating, but they’re good places to start.

Why are healthy vending machines so popular? It seems a natural progression. I remember the days when, if you wanted anything organic, you had to drive to a Health Food Store. That is, if you could fine one! Then, bowing to a few consumers, our local grocery store acquiesced a lonely portion of shelf space near the Diet Section. Health Foods gradually spread to encompass the whole aisle. Now, stores like Sprouts, Trader Joe’s and Fresh & Easy focus on health and give the standard supermarkets a competitive run for their money. Obviously, there’s a market for it. “Healthy” is definitely “IN!”

Is it any wonder that Vending Machines are following the trend?

Buoyed by a congress in a hurry to pass as much lame-duck legislation as possible, a law was enacted in December 2010 that requires officials (whoever that may be) to set nutritional standards for all foods sold in schools. ALL foods. Including vending machines. The Healthy, Hunger-Free Kids Act of 2010 could be your ticket to a winning franchise opportunity.

This is the beginning of a major change in the vending business. Not just because of the government push, but because Americans, generally, are sick and tired of being sick and tired! (Light bulb moment: “Gee, do you think our diets may have something to do with how we feel?”) At our local public pool this summer, the manager stocked his machines with the usual sodas and high-fat snacks as well as healthier alternatives like water, yogurt, fresh fruit and granola bars. He was surprised to find he needed to restock the “good stuff” more often than its “evil counterpart.” According to several school principals whose schools are using the healthy vending option, they create more revenue than the old junk-food machines. Amazing. Maybe we ARE “getting it.”

Once your decision is made and you’ve determined which company is the best fit for you, it’s up to you how you’ll want to market your new venture. How do you want your customers to perceive you? How will you “brand” yourself to them? What types of advertising will you consider? No one can answer these questions any better than YOU! Yep, you’ve got more decisions to make and, again, a lot of alternatives from which to choose. I hope you will check out our company and allow us to be one of the options you consider. Let us show you how you can learn to market yourself! After all, no one cares more about your success than you!

What Is the Cheapest Franchise to Buy?

Written on February 10, 2011 – 4:57 am | by admin |

That’s probably the question you just searched for, right? A better question might be: what would be the best investment of my time, with as little capital to start a business, that could offer long-term residual income?

The problem with buying a franchise is that it could take months or even a year to get started. Usually you have to go through a franchise broker and painfully sit through numerous consultations – all in an effort to get approved.

Another downside of buying the cheapest franchise is cheap ones are usually labor intensive. Basically, you’re just buying yourself a job. Let’s take the granddaddy of all cheap franchises: the vending machine. Be prepared to do a lot of driving through rough neighborhoods, ordering product, refilling and cleaning, maintenance and repair.

Not to much freedom and prosperity with that line of work.

Where franchises excel is in their systematic approach to opening up a business. They have a turn-key operations manual on how to duplicate a known success. Everything from advertising to customer acquisition is carefully analyzed and ready to implement in your neighborhood.

Drew owned a construction company with 50 employees. When the economy tanked, so did his business. But what he wanted was something he could plug into and start making money his first month in business. Now an independent representative with six figure income from “All I had to do was follow the system and I saw results. If I can do it, anyone can do it.”

There is a new generation of entrepreneurs engaged in lifestyle design. The guru for this movement is Timothy Ferriss, author of the New York Times best seller, “The 4 Hour Workweek.”

This book chronicles Timothy’s journey of leaving the 9-5 rat race and allows him to live anywhere in the world and join the new rich. The key he says is to have a blueprint.

The Benefits Of Having A Low Cost Franchise

Written on February 10, 2011 – 4:57 am | by admin |

There are several reasons why you should consider a low cost franchise opportunity right now. One of the major ones is that the present economic crunch has made it imperative for most entrepreneurs to come up with business plans that are bound to be profitable because let’s face it, with the recent downturn in the economy, every buck needs to be accounted for. One of the best ways to do this is by investing in a low cost franchise business venture. This is often considered by most business persons as a viable way to derive profit since there are several opportunities and advantages that you stand to get from these business options.

The first known advantage of a low cost franchise is that it tends to be easier to grow. The reason why this is so, is that it typically requires (a) lesser overall investment. This relatively small initial investment (compared to most business opportunities right now) is something that appeals to many inexperienced and first time entrepreneurs who are wary of the inherent risks when it comes to these business opportunities. More particularly, the opportunity to eventually expand the business through established business steps is a reassuring path to most of them.

The second established advantage when it comes to these opportunities would be their affordability. Affordability is something that can greatly benefit an entrepreneur since the return of investments is definitely so much more than the initial capital that is needed. These business franchises, after all, have been in business for a relatively longer period of time meaning, they have already been known to generate profit. All you have to do then is to look for a viable one, and in no time, you will be generating revenue from your enterprise as well.

The UPS Store Franchise Information

Written on February 10, 2011 – 4:56 am | by admin |

There are very few companies in the world that have acquired 6,000 territories in 75 different countries. One of such is none other than the UPS franchise; a known leader in the package delivery industry all around the world. UPS’s reputation in the air delivery and freight services industry is highly attributed to its store franchise network. The UPS franchise program has hundreds of successful franchisees running their own businesses around the globe. Below is a UPS Store franchise review to give you a better idea of what it takes to be a UPS Store franchisee.

UPS Store Franchise Information

An established reputation and global recognition are the major reasons why UPS franchises remain ahead of its competitors. Many entrepreneurs now enjoy immense benefits and rewards from purchasing a UPS Store franchise for sale. In addition, many are attracted to UPS Store franchises due to the company’s remarkable support to its franchisees. Such ongoing assistance is provided by UPS’ local and main office representatives. For example, the franchisor supports all its franchisees from site selection to the construction of the store building.

While it is a requirement for prospective franchisees to have knowledge or experience to operate a UPS franchise, the main office of the company also provides a two-week training program and eight-day courses to keep franchisees updated with the latest information regarding the franchise. Support and training like these are truly invaluable benefits to many aspiring and motivated entrepreneurs. Another attractive feature of a UPS Store franchise for sale is its specialized UPS franchise lease program. This program aims to assist prospective franchisees in acquiring the necessary funding or financing. Furthermore, all franchisees are given exclusive access to various products and services, which include copying, postal services, packaging and moving supplies, finishing and printing, and many other business related services. UPS franchises are also proud of their impressive distribution and tracking capabilities.

UPS Store Franchise Cost and Information

UPS’ major clients are medium to large enterprises that belong to the list of Fortune 1000 companies. Most of these companies need integrated solutions to operate and manage their businesses more efficiently. The main office’s Corporate Retail Solutions department positions these solutions. Since all UPS Store franchises are connected through one network system, franchisees can conveniently focus on utilizing their resources and running their establishments to the fullest.

The company requires all its franchisees to be proficient in the English language. Once you apply as a franchisee, you will be asked to undergo and pass an English proficiency test. This process will determine if you are eligible to join the UPS store franchises network.

As for the UPS franchise cost, you need to prepare at least $60,000 as liquid capital for you to purchase a UPS Store franchise. This amount, however, may vary according to your chosen location for business operations. The cost may also inflate due to additional operating fees. This only shows that a new UPS franchise takes time to become profitable. The total investment will most likely range from $170,000 to $280,000. To get more details regarding the total UPS franchise cost, you will have to contact the UPS franchise main office.

UPS franchises are found all around the world, and its network is still rapidly expanding. In fact, the company has been voted by Entrepreneur Magazine’s Franchise 500 as the number one franchise in its field for 19 straight years. So if you are an aspiring entrepreneur, you should not think twice about acquiring a UPS Store franchise.

Franchisee Associations

Written on February 10, 2011 – 4:56 am | by admin |

Although the Federal Trade Commission (FTC) has rules and regulations in place to protect franchisees and franchisors, there is an additional source that franchisees can go to for support during a conflict with a franchisor. Once someone becomes a franchisee, they will have the opportunity to join a franchisee association. These associations were created to expand on the limited choices franchisees have had in the past (catapulting to the franchisor’s demands and litigating with them). Now, instead of litigation or capitulation, franchisees that join an association are linked to an organization that explicitly advocates the franchisee’s position.

One way that franchisee associations work on behalf of their members is by protecting their economic interests. This is often done by viewing a franchise through the franchisee’s eyes. For example, once a franchisee joins an association, the association will defer to the franchisee in negotiations of all agreements made between franchisee and franchisor. So, instead of a franchisee providing two maintenance components for the company (paying for lawn care and window washing), the association might propose that the franchisee only be required to provide one of them (lawn care). In this way, they are looking out for the best interests of franchisees. When faced with the influence of a large franchisee association, franchisors may be more apt to negotiate new terms in franchise agreements without having to resort to litigation or arbitration.

Directly addressing franchisors isn’t the only means franchisee associations use, they also lobby with federal and state lawmakers about the rules governing franchisor-franchisee relationships, on behalf of franchisees. An association that has a voice where laws are passed is paramount to defending franchisees. They can use lobbyists and attorneys specifically employed to get a response to the issues that face franchisees everywhere. And, having their own lobbyists in place eliminates a one-sided argument and gives voice to the concerns that might not be raised otherwise. Franchisee associations also use the media to get their agenda known. Town hall meetings, occasional commercial ads, variously placed volunteers -all of these are avenues that franchisee associations might use to gain the attention of the general public in hopes of spurring action on behalf of franchisees.

There are many franchisee associations spanning the country. Most have a membership fee, and generally individual franchisees are welcome to join. Some even allow independent associations of franchisees to join under their umbrella franchisee association.

Before committing to a franchisee association, it’s a good idea to get some legal advice. Franchisee associations are helpful, but what they do (unless their demands eventually become law) is not legally binding. A franchise lawyer is the safest bet when hammering out the relationship between the business franchise and the franchisees. Skilled in handling multiple fronts of the franchise industry, these lawyers can create documents that plainly detail what is expected of each side. They can also update or review existing legal documents and give advice to franchisees and franchisors in future legal matters. To get a list of the franchise lawyers in your area, search our site by state. We include franchise lawyers working throughout the country, and will provide you with the names of numerous firms and which city they’re located in.

Unemployed? Franchises Can Be the Answer

Written on February 10, 2011 – 4:55 am | by admin |

White collar layoffs have been a part of the business landscape since 2009 when the economy started to falter. Although things have been on the upswing, many major corporations are still making cuts at the management and executive levels in order to save on expenses and protect themselves from future financial hits. If you’re among their numbers, or worried about being in their group, there is another answer.

Managers and executives who find themselves without a job have a silver lining in the cloud. Franchise opportunities can be the perfect solution to what seems like a bleak job market. Owning a franchise will allow you own your own business so you never need to worry about being laid off.

If you have management experience of any type, franchises can be a good way to put that experience to good use and give yourself more financial stability into the future. Former managers and executives make ideal candidates for franchise owners for several reasons:

1. Franchise ownership requires long term vision.

If you have experience as an mid to upper level executive, you’ve been trained in thinking in the long term. You know that the day to day activities of a business are all play into long term goals that will move the business forward to bigger and better results. While employees are focused on the day to day inner workings, the franchise owner needs to be focused on ways to make sure that the right tasks are done at the right times for long term growth. By relying on your previous management experience, you can be sure that your franchise will succeed.

2. Franchise ownership requires leadership.

Owning a franchise means being a leader – something that you already have extensive with. Making the tough decisions and planning out strategy in order to lead a team are all skills that can be easily transferred over to owning a franchise. Leadership skills are only improved with time and if you already have years of leadership experience under your belt you’ll be a lot more likely to succeed than others entering a franchise.

3. Franchise ownership requires decision making skills.

Managers and executives are excellent decision makers and these skills are necessary for successful franchise owners as well. Even with the guidance of a franchise owner to help you launch your business, you’re going to need to make top decision making skills in order to keep your franchise afloat. Rolling your decision making experience over into franchise ownership is a great way to put these skills to good use.

For these reasons and more, franchise ownership makes sense for managers and executives. Many of the challenges that new franchise owners encounter aren’t a problem for those with management experience. It’s a natural transition from manager or executive to franchise owner. And best of all – there are franchise opportunities available in virtually every industry under the sun. No matter what industry you worked in as a manager or executive, you can be sure that you’ll be able to find something that fits your experience.

Business Franchises – Are They For You?

Written on February 10, 2011 – 4:55 am | by admin |

If you are in to a franchising business, you have two important stakeholders equally interested in your success. They are you and your franchiser. One of them has more experience in the business than the other. That is your franchiser. Recognition of these simple facts is necessary for you to be successful.

Of course this recognition has to be converted into actions towards success. The principle behind all such actions is that there is lot to learn from your more experienced stakeholder, your franchiser. Take all the advice of the franchiser positively and with intent to learn. In the beginning of his business, it is quite likely that he might have committed mistakes and learnt the business tactics the hard way.

This learning of the franchiser is very important for you to avoid such mistakes from your side. Usually, most of the training programs conducted by any franchiser will be filled with such learning, either deliberately or even without his knowledge, because these experiences are part of his personality and behavioral traits now, as they are his history.

Take the training given by the franchiser quite seriously, whether it is given formally or informally, through instruction manuals or through visits of their officials, and get benefited by it. As it is coming to you as part of the franchising arrangement, do recognize its value and do not let it go by, mistaking it for unwanted interference in your affairs.

While making important business decisions, like hiring or buying office premises for the business, make it point to consult the franchiser. This is another and additional way of learning from his experience. Having a good office at the right place is very important for the success of any business, and what are the features for a ‘good’ office for this business is, in all probability known better to him than to you; get benefited by this knowledge.

Most franchisers usually have a standard or signature design for their offices. This design and interior features must have evolved out of his considering the business requirements and out the previous experience of running the business. Copying his standard office layout may be a part of the franchising agreement or it may not be; even when it is not, it is a good idea to consider the design used by him, evaluate the benefits of the equipments, furniture and interiors and wherever valuable, copy them.

Avoiding overspending in the initial stages of the business is important for managing the cash flow. Having just enough people as staff, buying just enough equipments, trying to make do with the not so costly and sophisticated equipment, etc. are important aspects of this cash flow management and spending, because it is vital to recognize that any business takes some time to start generating revenues, and till such time we should not run into financial hardships by overspending.

Of course, what is necessary for the business has to be spent for; but distinguishing between essential and desirable, and postponing the desirable to a later stage is equally important in the beginning. Keeping just enough inventory is also part of such prudence.

The Truth of Franchise Business

Written on February 9, 2011 – 4:54 am | by admin |

Those who have a fair idea about business and its unpredictable nature will vouch on the reliability of a Franchise business. Despite of being god as a product, one can never be sure of a new product with a new name a new cover will be accepted by the market.

These jinks are some unanswered questions? Why does one silly product click and why does a better one fail? There are different permutations and combinations that favor some and that doesn’t for some. But one way to approach that is proven and safe method is by accepting a franchise. Thus you are venturing under a proven name, which is trusted and accepted by the public.

A Franchise business is a very commonly used term. It means the right of running the sales and the business is handed over to another individual. But the person has to sell the brand name products only. This way you can set up your own business, and be sure of being successful too.

Franchise agreements are legal, and it means you are authorized to sell the products and goods within the specific region as termed only. It is a type of business merging with another individual to extend sales to another area. The company whose products and name is used for sales is called as Franchiser, and the company who operates the business of the franchiser is called as a franchisee. The franchisee is more often given a fixed sum along with a percentage of the profit of sales.

Since the franchiser is usually an established brand name, the franchisee has to use the same marketing ideas and tools and the same business policies as that of the franchiser. Any difference is violation of the terms and agreements.

There are different points that one must always keep in mind before entering any business venture, or expand.

  1. If you are wishing to spread and expand sales of your company it is a good option to invite investors, but always be real and close to reality. If your company has a track record of profit it is good to widen your horizon.
  2. Business is not just about earning money. It is about generating new opportunities for all and make money for all, yourself and your employers and your investors. There is a give and take in every business. If your business policy accommodates all, then the chances of you reaching out to more are higher.
  3. The better you market and the better you are recognized, and the higher are the chances of your acceptance.

There are a number of soaring franchise businesses today, Salons for men, Salon for women, Cake shops, Hotels, Garment stores etc are a few of them.

Franchise Business Opportunities

Written on February 9, 2011 – 4:53 am | by admin |

The current worldwide economic business condition calls for the creation of smaller firms. This is not strange to developing economies, rather it’s an universal phenomenon.

CONTRIBUTIONS TO THE ECONOMY:
Smaller businesses abound throughout the entire length of all world economies. Examples are tiny farms scattered through North America, patent pharmacy, alcoholic beverage stores, small and large retail stores, paper mills, small-owner transport businesses, for example. They are just too many to name, here.

Independent persons, small-scale entrepreneurs and a good number of people separated from paid jobs run these small businesses, and venture firms with the hope of contributing, maximally, to the expansion of, not only, the North American economy, but to the world commercial system.

Small enterprise opportunities are paramount in manufacturing, and small-scale industries such as those of corn flour, glucose, rice and rice oils, quarry, egg powder, sheanut oil, pure water, nails and wire plants, food canning, sanitary wares, clay pipes, fruit juice, baking yeast plants, chalk, pin makers, leather shoes and bags, plastics, ceramic, tiles, soft drink plants, candles, wheat flour, animal feeds, printing ink plants, vegetable and fruit processing plants, tomato juice, meat processing plants In addition to milk and dairy product plants.

The contributions made to the economy by these millions of small enterprises can’t be over-stated, here.

+ Small enterprises create millions of roles into the larger economy.
+ Over 50% of the work force is absorbed by small-scale businesses, in any system.
+ Underemployed folks and folks out of jobs are given jobs quicker by these small businesses.
+ Families, readily, find solace in making smaller enterprises once there is a problem.
+ They act as sources of raw materials for bigger businesses and giant industries.
+ Most small businesses finance and create Community projects.
+ Small enterprises make a contribution to State policy formulation and Implementation.

In deed, contributions from smaller businesses will make or damage the development of any great country.

Opportunities for Individuals, FAMILIES AND COMMUNITIES:
+ It gives great hope to individuals who are separated from paid jobs to harness their built in abilities.
+ Coping with retirement is a serious issue for a large amount of folk with additional energy. They find comfort here.
+ The fantastic thing about a community is often reinforced wherever tiny industries are found.
+ Creative thoughts are often generated here for the larger society and for the bigger industries.

Small company opportunities do actually abound, globally.

8 Tips In Buying a Franchise With Your Spouse

Written on February 9, 2011 – 4:53 am | by admin |

Buying a Franchise With Your Spouse?

Owning a business with your spouse is just one of the financial benefits you can enjoy if you have a solid and stable marriage. A lot of married people today are co-owners of medium sized businesses and even some big corporations. One of the most recommended ways to accomplish this is to buy a franchise. You and your spouse already know how to successfully manage a household, so why not take the next move and run a business? Just like in any relationship, there are some pitfalls you need to avoid and red flags you need to take note of. The concept of a conjugal business is not for everyone but if you are really determined to buy a franchise, your spouse can be your ideal business partner. Here are eight tips to consider if you plan to buy a franchise with your spouse.

1) Thoroughly examine your skills and interests. Everyone has a unique set of skills and abilities in various areas. You may be good at math while your spouse may find it tedious to balance the checkbooks. Your spouse may, instead enjoy talking and mingling with people, attend parties and get-togethers; activities that you usually wince at. Create a list of responsibilities you and your spouse will have as franchise owners. These may include marketing, management, inventory restocking, etc. Review all these with your partner based on your respective skills and interests. In case you two share closely similar skill sets, you may want to consider looking for an employee or another partner who can fill in those responsibilities.

2) Divide all the tasks. Using the list of responsibilities you made, divide all the tasks between you and your spouse. This way, you can ensure productivity and efficiency in your partnership. Assigning one of you as the person in charge of a specific task makes it less confusing for your staff. When a married couple owns a franchise together, it is easier for the employees to address issues accordingly when the responsibilities of each partner are clearly explained to everyone.

3) Observe professionalism. Showing outward signs of professionalism in the business is probably one of the most challenging aspects of owning a franchise with your spouse. Remember that your employees, clients, and suppliers may feel uncomfortable if you two display personal feelings in the workplace, whether positive or negative. Such discomfort can turn a happy working environment into an awkward one. Trust is essential in building owner-employee relationships. You won’t win you employees’ trust and respect if you let your personal life affect corporate decisions.

4) Spend time apart. Even the most affectionate and loving married couples need some time alone, especially when both run a business together. Excessive time at work can lead to stress, even at home. Twenty-four/seven relationships are hard to maintain over a long period of time. The best way to resolve this problem is to set different individual work schedules. For instance, one may be in charge of the opening hours while the other takes care of the closing shift. As such, you two still have a lot of time together, yet each enjoys a break at the start or end of the workday. If you own a work at home franchise, trade tasks occasionally. One partner can be responsible for making sales calls today, while the other does it tomorrow. This gives you and your spouse some alone time and a chance to look at the business from your spouse’s standpoint.

5) Respect each other’s views and ideas. Assuming that other people think the same way you do is among the common mistakes most people make. Just because you breathe and live your business does not mean that your partner feels the same way. There are couples who can work together from day ’till night and can still talk about business even before bedtime. There are also those who want to set business aside when work hours are over. Discuss this with your spouse to avoid having problems at home.

6) Learn to recognize stress. Starting a business can be a stressful endeavor for anyone. Stress is even more intense for married couples who own and run a business together. Other than spending time apart each other at least twice a week, it is also a must for couples to get away from their business altogether. Even if this seems unlikely during the startup phase, stress can be avoided if you two enjoy the profits of your business, live life, and have fun. It is best to have something to look forward to at the end of the busy business season. Do not hesitate to go away on a trip far from your business so you can both fully relax and unwind.

7) Separate your personal and business expenses. With some married couples, the husband is in charge of the bills and the investment portfolio. In other couples, it is the wife who handles all these. In most occasions, both parties share responsibilities and duties or divide them. Once a couple acquires a franchise business, their daily life patterns migrate into their business. With this, you need to keep your personal finances separate from your business. Apart from keeping you organized, this is also very essential in financial recordkeeping. It makes sense to have one partner balance the checkbook for home and the other one to look after the business finances.

8) Have fun in running your business together. Many people buy a franchise business because they are tired of working in a corporate setup. Some want to secure their future finances. As a married couple, owning your own business together should be a fun endeavor. While there are huge risks involved and the success of your business relying entirely on your management skills, the entrepreneurial experience can be very exciting and rewarding. Make sure to enjoy this experience together with your spouse.