Related literature on food carts Essay

Getting a food walker immunity parcel what ar the advantages? Why food hand drag in Franchise? Potential licencees sometimes wonder if franchising is a necessary process, and may ask why they couldnt simply start a vexation on their own. The findings of the government conjure that franchisees enjoy a significant competitive advantage over the complete or single business operators. They showed a accept that 88% of franchise companies which opened in the previous five years were mollify in business under the same owner and wholly 4% of these businesses failed. Also, a survey in that same article showed 60% percent of all in all new businesses that started over a 10 year period dissolve within their first six years. The percentages of success may vary with the study and that there maybe other studies out there but still reach same conclusion most suggest that a franchised business have a higher chance of success than independent, start-al unrivaled businesses.Here are some of the advantages of having a provender cart franchise Food cart franchise are cheaper and have less lease or involve cost. Food cart franchise are transferable, since they can be travel easily or if the side is not profitable. Food cart franchise are easy to operate and manage.Food cart franchise requires one to two personnel only.Food cart franchise demand a small space/location so it is easier to find one. Food cart franchise are easy to maintain, lowering overhead costs. Food cart franchise are ideal for businesses offering limited products or operate. Food cart franchise can capture a wider market because location is along the walkways of malls and commercial centers. Expansion is easy since it take aims less capital.Reasons bestow to this includeA food cart franchise is a replicate or duplicate, if you may, of an already successful business. The true treasure of a food cart franchise is the experience, know-how, and the operation procedures that comes with it. In fran chising, there is the value added advantage of brand name recognition. There are similarly tolerate structure from the franchise company that the franchisee can take advantage of. A franchise avoids the costly trial-and-error periods that causes so many start-up businesses to fail and reason out up.http//franchisebusinessphilippines.com/why-food-cart-franchise-business/The Effect of the Marketing Practices on small shops in South African townships i.) A complete paradigm shift in managerial thinking, in terms of service quality deliverance through the continual facts of life and training of staff in fields such as client care, client satisfaction and customer service. ii.) The product offering needs to be more consistent and reliable, ensuring that an overall perception is created within the minds of consumers. Attention needs to be given to details (such as checking expiry dates) in delivering services and products. iii.) owners/managers need to spend more time building relati onships with their customers.This will support in receiving regular feedback from customers in terms of customer satisfaction. It helps to develop customer loyalty as customers enjoy personalized attention. Shops in Mdantsane should, therefore, be more sensitive to the unique needs of their customers. iv.) The pricing policy of the shops in Mdantsane should also be based on accepted accounting procedures and not only on intuition.Owners/managers of shops in Mdantsane implyd low levels of adoption of the merchandising strategy concept. This suggests that an fortune exists for these owners or managers to be educated on how to adopt marketing strategies that farm profitability. Furthermore, grocery shop owners/managers also regarded price as the most valuable aspect when applying the marketing strategy mix. This implies that grocery shops in Mdantsane compete mainly based on price. According to the study findings, these grocery shops also need to adopt the other 3 Ps of the marke ting strategy, namely product, belongings and packaging in order to be more profitable. The owners/managers of grocery shops did, however, indicate that they lack the necessary funds to embark on extensive marketing practices.