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Starting one’s own business is a dream for many. However, few pursue this dream because of fear of failure. However, starting up a franchise can significantly reduce the risk associated with starting a business. |
With a franchise, you are automatically associated with a proven brand name that people already know and trust. Franchises are available in virtually every area of business. An ice cream franchise opportunity may be just what you are looking for.
Why Ice Cream?
“I scream, you scream, we all scream for ice cream.” You know the popular saying, and it is true; everybody loves ice cream. Ice cream is more popular than ever, with annual revenues of ice cream sales in the U.S. of approximately $23 billion. An ice cream franchise opportunity can allow you to become involved in this lucrative industry.
Where to Open Your Franchise?
When you decide that you want to take part in an ice cream franchise opportunity, one of the first steps will be deciding where your ice cream franchise will be located. You may want to set up shop in a college town to take advantage of young college students who may frequent your establishment on dates and other outings. You may want to locate in a town with lots of young families to try and attract children. A location can either boost sales or handicap sales, so it is important that you carefully scout out possible locations before you decide.
What About Winter?
When seeking out an ice cream franchise opportunity, it is important to consider what to do about winter. Ice cream sales drop approximately 50% in winter compared with other times during the year. One way to avoid this downturn in business is to locate your ice cream franchise in a city that does not have a cold winter. Southern California, Phoenix, Las Vegas or other locations will have a higher demand for ice cream during the winter months than colder cities. Also, you could run special promotions during winter to try and increase demand.
Possible Franchises?
There are many ice cream franchises to consider. You may want to choose a franchise that has national recognition, such as Ben and Jerry’s, Coldstone, or Dairy Queen. You could also choose a franchise that has more regional appeal.
What it Means to be a Franchisee?
It is important to remember that when you open a franchise, you are part of something bigger. You will be a Franchisee and the larger company granting you the ice cream franchise opportunity is the Franchisor. The Franchisor will be there to assist you along the way, and you will be required to comply with certain company requirements. Also, because you are receiving a proven brand name, you will be required to pay a franchise fee as well as continued royalties to the franchisor.
Ready to Start?
Does it sound like an ice cream franchise opportunity is for you? If so, now is the time to begin the process. Remember, franchising is the best kept secret of the 21st Century!
Edward Dean is an accomplished website developer and author. To learn more about Ice Cream Franchise Opportunities visit My Franchising Opportunities for current articles and discussions.
Article Source: http://EzineArticles.com/?expert= Edward_Dean
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Most of us know that we do not need any special training to set up a hot dog cart business. What do you really need is to be energetic, outgoing personality and creativity in running your business. Running a hot dog cart business can be stressful as most shopping malls are normally open at 10 am until 10 pm daily and your business is expected to be there in these hours. Even if you have a hot dog cart business in a park or on a street corner, you will have to be there the times your customer base is present to make a living.
However, you will need to check with your city licensing board to ascertain whether setting up hot dog carts are permitted, and in what areas. It is best to develop a business plan for the economic model you desire before starting the business. You might also need to check other hot dog cart vendors to know how many hot dogs they manage to sell and how much profit they made at the end of day. Setup and initial costs, along with your fixed costs; such as gas, electricity, permits and equipment are major concerns of your new business. Here, you will need to calculate the final profit you are expected to earn every day to determine if the business is viable.
Generally, the health department of your district will inspect your business for cleanliness and safety of the foods you serve. The most important key when you are planning to set up a hot dog cart business is to decide which location is most strategic. For example, you can set up your cart at a street corner with high traffic areas that has less food choices. But you will be lucky if you can get the best areas just because you want that location.
The hardest challenge in opening a hot dog cart business is to get your business permit for your local community. Next is determining the politics of the business culture in your area. These types of businesses are often controlled by the restaurant and beverage control board and the best areas are leased to consortium businesses with multiple concerns. This means you may buy your cart and even get a permit to sell your products in a good area but you must buy your “supplies” from the controlling consortium. This could mean high supply cost and very low profits.
However, if you cannot get the area you want, you still can run your business on a private owned property or functions like fun fairs, baseball games, auctions and flea markets. One of the best ways to keep your start up cost for your cart low is to purchase a used hot dog cart, which is much cheaper than a new one. Normally, you can get a used hot dog cart in the range of $1500 to $3500.
Hot dog cart businesses are an excellent business to start for either, part time or full time, and setup cost are lower than any brick and mortar business. Next to the vending machine business this is one of the easiest and least expensive methods to become an independent business owner.
Edward Dean is an accomplished website developer and author. To learn more about Hot Dog Carts visit My Franchising Opportunities for current articles and discussions.
Article Source: http://EzineArticles.com/?expert=Edward_Dean
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