Related literature on food carts Essay

Getting a food coerce certify package what argon the values? Why food get behind licence? Potential dealershipes sometimes wonder if franchising is a necessary process, and may intercommunicate why they couldnt simply start a business on their own. The governings of the government call forth that franchisees enjoy a signifi stomacht competitive advantage over the stand-alone or single business operators. They showed a psychoanalyze that 88% of franchise companies which opened in the previous five long time were still in business under the same owner and more(prenominal)over 4% of these businesses failed. Also, a survey in that same article showed 60% percent of all new businesses that started over a 10 grade period dissolved inwardly their first six years. The percentages of victory 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 independ ent, start-alone businesses.Here are some of the advantages of having a nutriment cart franchise Food cart franchise are cheaper and have less charter or rent cost. Food cart franchise are transferable, since they can be moved easily or if the location is not profitable. Food cart franchise are easy to operate and manage.Food cart franchise requires one to two personnel only.Food cart franchise dispatch a small space/location so it is easier to find one. Food cart franchise are easy to maintain, lowering command processing overhead time costs. Food cart franchise are ideal for businesses fling bound products or services. Food cart franchise can capture a wider market because location is along the walkways of malls and commercial centers. Expansion is easy since it needs less capital.Reasons contributing to this includeA food cart franchise is a copy or duplicate, if you may, of an already successful business. The certain value of a food cart franchise is the experience, know- how, and the operation procedures that comes with it. In franchising, there is the value added advantage of brand name recognition. There are also support 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 a(prenominal) start-up businesses to fail and close 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 finished the continual education and training of staff in fields much(prenominal) as node care, customer 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 destruction dates) in delivering servic es and products. iii.) owners/managers need to spend more time make relationships with their customers.This will assist 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 indemnity of the shops in Mdantsane should also be based on accepted account procedures and not only on intuition.Owners/managers of shops in Mdantsane indicated low levels of inviteion of the trade strategy concept. This suggests that an opportunity exists for these owners or managers to be educated on how to adopt merchandising strategies that enhance profitability. Furthermore, grocery store shop owners/managers also regarded price as the most important aspect when applying the marketing strategy mix. This implies that grocery shops in Mdantsane compete primarily based on price. According to the study findings, these grocery shops also need to adopt the other 3 Ps of the marketing strategy, namely product, place 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.