• Education Franchise Only One Of Its Kind Requiring Tutors To Have Master’s Degree

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    May 23, 2020 /  Market and Franchise

    Chyten Educational Services was founded in 1984 by Neil Chyten who believed that every child deserved an opportunity to reach their highest potential. Using customized programs for students based on their individual needs, the education franchise has provided test preparation and specialized tutoring services for the past 25 years and his franchise is one of the fastest growing supplemental educational businesses in America.

    According to Neil Chyten, who serves as the company’s president, what sets his education program apart from similar franchises is Chyten brings a whole new style curriculum, individualized one on one tutoring by tutors who all have at least a masters degree and teaching experience.

    “Our name has become synonymous with the word ‘excellence’ in the areas we serve,” says Chyten. “Having been exposed to many different educational programs, I am convinced that highly qualified and experienced teachers can make a real difference in students lives which is why we only employ tutors with a minimum of a master’s degree and who also have prior teaching experience.”

    Chyten believes these standards for teachers give his franchise a competitive advantage over other education programs with lower standards for instructors, and the franchise is beginning to expand across the country as the demand for quality education services continues to grow.

    Chyten Educational Services began offering its franchise in the fall of 2007 and has seen positive results from its program. The company is actively seeking new franchisees to share in their commitment to providing quality education programs.

    “Chyten franchisees can take advantage of all the years of hard work we have put into developing the concept,” explains Chyten who also stresses he has the only franchise model of its kind in the education industry. “Having uniqueness is a key ingredient in selecting a franchise concept.”

    Chyten also believes it is important for potential franchisees to find a concept that fits their personality and style. He says that good candidates for a Chyten franchise are those who possess good people skills, good communication skills, and individuals with a strong work ethic who have a belief in the value of education. “We look for people who have a real desire to give back and help others reach their true potential,” says Chyten.

    Franchise fees for the Chyten concept cover all necessary startup needed for new franchise owners according to Chyten including site selection, lease negotiation, and training. Royalty fees are applied to offset the support costs once the franchisee is up and running.

    The Chyten education franchise offers a third party financing program to cover leasehold improvements as well as some equipment. Franchise locations can typically be in business within 90 to 120 days.

  • The Importance Of Hospitality Marketing For Your Business

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    May 20, 2020 /  Market and Franchise

    If you’re one of the people who are doing business in hospitality trade, then, I am certain yu will perceive how a lot of work it involves. On high of that, the hospitality trade have also got a huge competitor. Here,you just cant rely on one supply to plug your services and your entire business. You should proactive and you should constantly be on your feet. If you’re caught flat-footed, it will cost you. In such trade whihc has so a lot of competition, you need to invariably be willing to use standard and unconventional tactics.

    Marketing is definitely no different in the hospitality industry. In fact, the hospitality business has such an aggressive competition in this market just as a result of this can be a business that is very seasonal and relies on very volatile situations. It will be always necessary to cope up with the competitin out there through the use of different Marketing methods. One price-effective and economical Marketing strategy that companies or small-businesses use is that the internet.

    Before more going into more details, you’ve got to perceive that the hospitality industry is completely different from other industries. In this business, most of the cash is made in peak seasons where everyone tends to go out of town. The window of opportunity is terribly short, and thus, you have got to work double time. If you miss this window, you are either going to have to attend for the following one or you’re going to possess to work for more customers during the lean season. The internet may be a very useful tool because with this, you can market your business twenty four hours a day, seven days a week. Just imagine what that might do for your business if you are doing it well.

    In hospitality Marketing, like in all other industries, you first have to acknowledge your market. The rationale for this can be as a result of it’d be more economical and it would be a lot of economical. In this industry, you only cant market your business to everyone. That may be too expensive and it would need too much work.

    Once you’ve got found your target market, you can now begin making your campaigns. Your campaigns can embrace designing your webpage, creating advertisements, and the particular process of getting your word out. Its all about being economical, which is why the net is the first place that you should go to. In the web, you can a lot of or less target any demographic and you can fine-tune each campaign to your specific market.

  • Changing With A Changing Market

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    May 20, 2020 /  Market and Franchise

    It is always a good idea to change your strategy based on what the market is doing. This is true no matter how much experience you have in the market.

    Bob is the average trader that learned this lesson the hard way. He came into the market during one of the biggest bulls markets ever. He also decided to trade call options because of their huge growth possibilities. After a couple months of paper trading he perfected his system.

    Bob now opened an account with $10,000 to trade this new system. Over the course of 2 years he turned this $10,000 into $90,000. Everything is going great, the money is rolling in every month and he feel like the worlds best trader. Then the market crashes. When the market changes his bullish calls buying system no longer works. He was reluctant to change because his system that worked in the past has to work now. But because things are different now he fails to make money.

    In fact after 1 year Bob has lost $70,000 trading. He is discouraged that his perfect system failed and pulls his money out thinking if he does he can at least say he came out ahead.

    The mistake that Bob made was in thinking that because his system worked in a bulls market it would work in a bears market. It took him losing $70,000 of his previous profit to figure out that wasnt so.

    What he should have done was sit on the sidelines and paper trade when the markets changed. If his system still worked on paper maybe he could try betting some real money too. Because his system didnt work he could have tried to develop a bearish system.

    That is a common mistake all traders have. The market is always changing and you should be too. It is better to be a cautious trader then a trader who lost all their money.

  • How Market Research Can Benefit You In Launching New Products

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    May 17, 2020 /  Market and Franchise

    You may want to consider searching for a market research company that can assist you in launching your new product. Learning about how market research can help you launch your product will help you determine if using market research is right for you. Learning more about market research will also help you know what you should look for in a company that provides such services. Arming yourself with knowledge can help you make an educated and informed decision when it comes to marketing your new product.

    One way market research can help you launch your new product is that it can help you define a target audience for your product. If you have a specific product you want to sell, it may be more appealing to some types of consumers than others. Is your product geared toward men or women? Is your product meant for a certain age group? Would your product benefit those in a certain industry? Employing marketing research services can help you clearly define your target audience for the product you want to sell.

    Using market research can also help you determine which types of advertising methods would be most advantageous for you. Depending on your target audience, one type of advertising may work better than another. Once you have defined your target audience, you can then identify the means of advertising that would be most successful in letting your target audience know about your product. As you may know, advertising can often be quite costly. However, if it works, advertising can bring you a tremendous return on your investment. As such, you want to be sure that your advertising is most effective, and to do that, you will need to determine the means through which your target audience is most likely to learn about your product.

    Sometimes, only one form of advertising will suffice, but chances are, using multiple advertising methods would be best for you. However, in order for advertising to work, you will need to first determine where and how you should advertise. Fortunately, market research companies are equipped with the knowledge and experience needed to gather this type of information. Using market research can be very beneficial in learning how to advertise for your new product.

    Market research can also be used to define your product’s strengths and weaknesses. Through market research, you can gain perspective on what consumers think about your product. This way, you can make any necessary changes to your product before launching it. If your product needs improvement, market research will tell you how you can improve it. If your product excels in a certain area, market research will help you define which areas you should focus on in selling this product to consumers.

  • Own A Franchise Financial Conversations To Have With Your Family Before Choosing A Franchise

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    May 16, 2020 /  Market and Franchise

    Guest Blogger: Ray Moore, CFE, Vice President of Development, BrightStar

    The successful franchisee will first and foremost find the right fit. The right fit may be the one that best fits his or her financial resources and goals. The potential franchisee should sit down with their spouse and family and ask some hard questions. Together they will have to decide what outcomes they need to realize to consider this venture a success. They will have to separate out the must have or non-negotiable outcomes before shopping for a franchise opportunity.

    The couple/family should agree to the following each family will have to fill in the blanks according to their own circumstances. Its a good idea to consult an accountant:

    1.We will not invest more than $_____ of our cash/liquid capital.
    2.We will not borrow more than $______ in additional funds to capitalize the business.

    With any start up, business owners need to have enough money, either set aside or in other income, to cover household bills and run the business for 12 to 18 months. The following questions will help determine how much is needed:

    3.To make sure we can still live comfortably while growing the business, we will cut our household budget to $ ____ per month for at least ____ months and be sure to never exceed that budget.
    4.We will only buy a franchise that we have confidence can get big enough to feed itself, i.e., income (cash flow) will cover monthly business expenses (fixed and variable costs), no later than ___ months after signing the agreement.

    With many new business start ups, the owner will not be able to take a salary for 1-2 years. The family needs to know that household expenses will be covered during that time.

    5.We will only seek a franchise for sale that we have confidence will be able to pay me a discretionary salary (enough to cover some or all of household expenses) without harming the business no later than ___ months after signing the agreement.
    6.We will generate other income of $___ (amount needed to make up for loss of other income and savings budget) from ___ (spousal income, other household income or investments) independent of the new franchise business.
    7.We will only pursue a franchise business opportunity that will allow us to have our initial investment back, i.e., pay off the start up loan from business income, in ____ months/years.

    These are just some of the items that typically come up, or should come up, during the conversations leading up to buying a franchise. Asking the right questions will get you the answers you need. Ask them of yourself, your spouse, your family, the franchisor and other franchisees so you can get the full picture of what your life will be like while building your business, and what it can be like once you have established your new franchise.

    Ray Moore, CFE, BrightStar

  • Finding A Franchise Operating Partner

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    May 16, 2020 /  Market and Franchise

    When people consider investing in a franchise opportunity, they often envision all the benefits of owning their own business. However, those early months of getting a franchise off the ground can be stressful and require long hours and some skills a franchisee may not have. In this case, it is often worthwhile to consider finding an operating partner.

    Finding a franchising partner is not an easy task and should not be done with haste. Unit owners will want to engage a talented individual with skills that complement their own. For example, an owner fresh out of college should look for an individual with experience in the field, explains Franchising.com. But even those business veterans with 20-plus years of experience can benefit from a partner with a significant business background.

    There are three strategies the Web site suggests franchisees consider when seeking an operating partner. First, unit owners should make sure any business individual they decide to team up with shares the same goals and objectives for the franchise unit. One way to get a feel for individuals’ motives is to ask prospective partners about their business and personal philosophies, the hours they are willing to work in the beginning stages and if they are interested in long-term growth.

    An operational partner should also possess complementary skills – unit owners should not seek clones of themselves. To begin determining what attributes and experiences the franchise could benefit from, owners will need to take an honest look at their own skill set. The Web site suggests considering areas such as marketing, managing, finances/accounting, customer service and technology. However, franchisees should also examine their own personality type, demeanor and operating and managing style.

    ‘You’ll want to identify the areas where you are strongest and feel most confident. Now, look for a partner that can fill the gap in the places where you are not as strong. Working together, you’ll form a well-rounded management team,’ Franchising.com writes.

    Finally, franchisees should look for partners with a good understanding of the local market, including people, places and other factors. Deep market knowledge can aid a franchise in everything from site selection to marketing. This is particularly important if a franchisee is relatively new to the area – someone with good local knowledge will be able to help the unit attract employees and customers as well as work with local vendors and suppliers.

    Once a franchisee has found an operating partner, he or she should make sure to create boundaries and job responsibilities to avoid conflict and tension when business inevitably becomes stressful. One technique the Web site suggests is designating a third party to help make decisions when partners hit a logjam.

  • Using The 50-day Moving Average In The Stock Market

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    April 29, 2020 /  Market and Franchise

    As your stock moves up in price, there is a key line you want to watch. This is the 50-day moving average. If your stock stays above it, that is a very good sign. If your stock drops below the line in heavy volume, watch out, there could be trouble ahead.

    A 50-day moving average line takes 10 weeks of closing price data, and then plots the average. The line is recalculated everyday. This will show a stock’s price trend. It can be up, down, or sideways.

    You normally should only buy stocks that are above their 50-day moving average. This tells you the stock is trending upward in price. You always want to trade with the trend, and not against it. Many of the world’s greatest traders, past and present, only trade or traded in the direction of the trend.

    When a successful stock corrects in price, which is normal, it may drop down to its 50-day moving average. Winning stocks normally will find support over and over again at that line. Big trading institutions such as mutual funds, pension funds, and hedge funds watch top stocks very closely. When these big volume trading entities spot a great stock moving down to its 50-day line, they see it as an opportunity, to add to, or start a position at a reasonable price.

    What does it mean if your stock price slices downward through it’s 50-day line? If it happens on heavy volume, it is a strong signal to sell the stock. This means big institutions are selling their shares, and that can cause a dramatic drop in price, even if fundamentals still look solid. Now, if your stock drops slightly below the 50-day line on light volume, watch how the stock acts in the following days, and take appropriate action if necessary. Be objective in your stock market decisions.

  • Lucky Charms Shape Really Works As A Market Strategy

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    April 27, 2020 /  Market and Franchise

    A very popular brand of breakfast cereal, Lucky Charms is manufactured by General Mills, in the United States. The secret for their success comes from the main cereal components: multicolor marshmallow pieces and bits of toasted oats cut in a great variety of shapes. It is often the Lucky Charms shape that attracts children’s attention and increases the breakfast appetite. The happy colors and the periodical modification of the marbits composition also have a great influence in keeping a high sales level. Moreover, periodical market surveys tell the company management team how well a certain Lucky Charms shape is received.

    The only Lucky Charms shape that was not present in the UK variant of the cereal sold by Nestle is the green clover marshmallow mainly because of the association with Ireland and the conflicts specific to the 90s. Otherwise, the first shapes made by General Mills counted the pink hearts, orange stars, yellow moons and the green clovers mentioned above. Afterwards, the Lucky Charms shape variety greatly increased with the design of the pots of gold and hourglasses, the blue diamonds, the purple horseshoes and the red balloons. In time some shapes get obsolete, which is why the manufacturer keeps re-inventing the Lucky Charms shape periodically.

    Thus, the yellow moons and the blue diamonds underwent modifications, as the moons turned blue and the diamonds were eliminated. Most of time, the change of one Lucky Charms shape passes without too much fuss, and only on special occasions it serves for advertising purposes. The present-day form of the cereal include pink, blue and yellow rainbows, orange and white shooting stars, purple horseshoes, pink hearts, green leprechauns complemented by five points stars and whale shapes. The Lucky Charms shape to have resisted in the packages from the very beginning is the pink heart that remains present with the brand even today.

    The Lucky Charms shape represents the theme of the song or jingle describing the cereal box content. You will hear the rhymes in TV commercials or even listen it on the radio: children are the main targets as the rhyme is very easy to learn and sing. In recent years more transformations took place with the appearance of the yellow and orange hourglasses in 2008 that reinforced the former 2007 launch of the chocolate and berry variants besides the classic marshmallows. Therefore, the Lucky Charms shape remains a major element in the market promotion strategies, since it is part of the product specificity.

  • European Photovoltaic Market Is Benefited From The Earthquake

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    April 27, 2020 /  Market and Franchise

    For the photovoltaic industry, the subsidy policies in Italy and Germany are uncertain. Practitioners look on the market. Recently, influenced by the earthquake, Japanese government may have the new budget to support the northeastern area. One billion watt of the solar energy system will be installed. All the practitioners watch closely this news. Besides, the unclear disaster makes the electrovalence in Europe increase, and the developing space of solar energy will be improved. One billion of the solar energy system will be installed in Japan, but the details are not certain.

    Apart from the Japanese market, the Italian market also may gain the subsidy. Practitioners maintain that the wait-and-see attitude makes the demand low. Lacking of the new subsidy, the return to investment can not be estimated. Many banks begin to reduce the loan fund, because they worry that the rate may lower than expected. The capital, which is used to install the systems, is frozen because of banks’ attitude. The fund will be unfrozen when the new policies come out. Besides, no matter how much subsidy is reduced, the mature supply chain of solar energy industry in Asia is able to make up for the losses, as long as the cap is not set.

    Germany is a dramatic market. The government in Germany is very alert. Influenced by the disaster, they quickly stopped seven unclear power plants which have been established for more than thirty years. The government also increases the subsidy of renewable energy, especially for the wind energy. Moreover, the infrastructures of the solar energy are also focused. However, the poll in Germany has been influenced by the unclear disaster. The anti-unclear Greens had won. Angele Merkel points out that the renewable energy may be a certain way to keep the regime. The new policies of the solar energy in this July will stand in the breach. Recently, the price of traditional electricity also increases, so the cost of solar energy and traditional way becomes closer. The related integrated circuit is .

  • Profit From A Preschool Franchise Business

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    April 25, 2020 /  Market and Franchise

    Kindergartens and preschools have become extremely popular. In bigger cities you will see big preschool franchises as well as smaller start ups. So if you are thinking of starting your own preschool, here are few things to keep in mind and why you should opt for a preschool franchise. To begin with lets look at some statistics. The preschool industry in India is estimated to gross about Rs 4,004 crore. The sector is likely to cross Rs13, 821 crore by 2012, a growth of more than 28% per year, according to estimates from brokerage firm CLSA Asia-Pacific Markets.

    With over 40% of learning taking place from the 1 to 4 age group preschools have become imperative. Parents want quality preschools for their children and are willing to go that extra bit for their children. Rest assured if you opt for a preschool franchise and are a good task master you are bound reap profits in the near future.
    Opting for a preschool franchise makes setting up a lot easier for you. You have to adhere to certain pre requisites and guidelines which enable you to be focused and do things in a streamlined fashion.

    A preschool franchise comes with a reputation. It already built a name for itself, developed its own education system and done its fair share of branding activities and advertising. Parents will always trust an established over a smaller start up.
    A preschool franchise caters to parents who have moved to new cities. Sending their children to same school as they did before is a comforting element for all parents. With the education system being the same it helps children adapt faster.

    A preschool franchise works on a profit sharing model. Therefore some franchises will go that extra mile to make sure you do well, so they do well! This means extra guidance and support for you.
    The different preschool chains in India are Roots to Wings, EuroKids, Kidzee, Shemroack schools, Bachpan just to name a few. The royalty and investment depends entirely on location. A preschool franchise can cost anywhere from 3 to 15 lakhs and the fees can be anywhere from 8,000 to 40,000 per annum. The need for preschools in India is only going to grow making it an extremely profitable venture.