Mar 29

Philippine Food Cart Business

In the Philippines, the popularity of street foods and selling P1 food on the street is not a good business if you look at it in a customer perspective. How would you even earn profit from a P1 food? But not many people know is that in business, it is always a numbers game. Those people that have a food cart business in the Philippines know that this business is not about how lucrative is the price of your product. But how many can you sell all at the same time.

Reasons Why Food Cart Business is Successful

Food cart business is are the ones that deliver street foods that Filipinos love. They want to eat on the streets especially if it is cheap. It is also a “mirienda” food for all that they can also socialize to other neighbors.

Food Carts Are Cheap

For the businessmen, food carts are cheap! Ones you got a good profit from your first cart, its easy to buy another cart and hire somebody to sell. Split the profits with them and everybody happy. This is where the numbers game comes into play. Buy more and more carts that you can sell to anyone. Haven’t you wondered why there are lots of people selling street foods in their food cart even though they only sell them for the cheap price of 1 peso?

The answer to that is numbers game. There has been a lot of Filipinos turned into millionaires because of having a huge army of food carts. They started as one cart and reinvest it in buying more carts. Like compound interest that results in exponential growth against time.

It’s Easy To Manage

Food carts only has 1 person selling the foods. And the fact that its easy to cook this food

Mar 28

Ebay Business Plan Tips For Writing A Successful Business Plan

Writing a business plan is important for every business. It is the key to the business, identifying what you want to do, what you predict your profits to be and sorting out your customer service.

You may think that if you are writing a business plan for your eBay business that you will have to write something quite different.

However, an eBay business plan is really very much the same, if not a little simpler. For example your eBay business plan, like any business plan should include information on product selection, inventory management, and purchasing, pricing, order processing and customer service.

Product selection will be pretty much the same as with any other business except that eBay does not allow few products, this is not likely to limit your choice too much.

Inventory management can be done with software as it would be done in any other business but you could use eBay’s specially designed software if you wish to.

Purchasing will be the same as with any other business.

Pricing may be slightly different as you have the option with eBay to auction items as well as selling them at a fixed price.

If you auction items then you will not be able to determine the prices but you may be able to predict them and you can certainly calculate what your minimum selling price will be as this will be your starting price for your auction.

Order processing and fulfilment should be quite simple. You will need to comply with eBay’s guidelines as to timescales but as with any other business you will want to ship items as soon as you can.

Customer service is probably the last main area that you will need to include in your business plan

Mar 24

Benefit Of Choosing Best Telecom Company For Business

Business needs communication at every step of functioning. Whether it is inside the campus to keep the administration running or outbound to contact customers and other stakeholders, business phone lines are never found idle. Any technical issue in telecom facility can cause a substantial loss to the company. This is why it is important that communication service should be available uninterrupted. To get best phone and broadband advantage, you need to select the best telecom service provider for your business.

How to decide?

Till the last century, the company which provided cheapest plans was considered the best. But now the prime concern is quality and price is not a concern. Also the rising competition has brought all tariffs to almost same rates. The factors to consider while deciding which telecom company to opt for are now based on the services and support they offer. Although you can get broad set of services from all companies, but a few benefits of opting the best telecom provider are-

1. Wide range of services: A leading telecom firm will make sure that all your needs are catered. Whether you want a fixed line service or business mobile phones and broadband facility, they can bring all the resources at your disposal. This way you can be sure of their flexible support and assistance whenever you want to expand and grow your business.

2. Outstanding Customer Support: Any small set back in your service can not only waste precious hours but also affect the profitability badly. A smart provider gives round the clock customer support facility so that you never suffer any problem because of the network or phone issues. Facility to pay via any convenient method is also available with reputed companies to ease your work.

3. Honest & transparent Pricing: Though businesses do

Mar 24

Business Etiquette

When it comes to etiquette, many people may think of politeness, courtesy, and other likes. Chinese think that etiquette is the common behavior standards that all members should obey, whose purpose is to keep the normal living order of the society. Business etiquette is fundamentally concerned with building relationship which is founded upon courtesy and politeness between business people.

From different angles, business etiquette refers to different characteristics, which include regularity, credibility, time opportunity and culture reflecting.

First, regularity

From its accommodating scope, business etiquette refers to the norms which regulate the people who are involved in different business activities of product flowing process, which differs from other etiquettes.

Second, credibility

From the content of business etiquette, as long as people working for business activities, the interests of both parts are involved necessarily, instead of a single parts interests. Therefore, honesty and integrity is crucial in business activities. Honesty in business etiquette refers to participating business activities sincerely as to reach agreement instead of exaggerating without actions. Credibility means once you have promised, you should keep your promise. Once signed a contract, you must perform the appointment. If something unexpected happens and you cant accomplish it on time, you should try your best to make up for it.

Third, time opportunity

The occasion of commercial affairs is very strong. When the golden time is over, the precious chance is lost. Sometimes, in business activities, if what you have done is just right, the problem will be readily solved. Sometimes, if the business person is too insistent on his own opinions, the deal can rarely be closed.

Fourth, culture reflecting

From the nature of business etiquette, although business activities are a kind of economic activities, they reflect different culture in a large part. The persons engaging in the

Mar 24

Small Business Ideas Are These The Best Of The Year So Far

Small Business Idea #1. During a credit crisis, the number of unpaid debts inevitably soars. The inventive solution of one Spanish debt collection business has resulted in a much higher debt repayment rate than conventional agencies (around 70%).

Their solution?

The El Cobrador del Frac (The Debt Collector in Top Hat and Tails) dresses its collectors as Hollywood villains, complete with a large black briefcase and his/her job title (Debt Collector) emblazoned on it.

The idea is that the neighbours will notice and few debtors like that.

Small Business Idea #2.

For travellers on long-haul flights, jet-lag is a constant problem. However, light therapy is a proven antidote to jet-lag and thats why Aroports de Paris has introduced popular light therapy booths at Paris-Orly and Paris-Charles de Gaulle airports.

How many long-haul passengers suffer from jet-lag every year?

Franchise anyone?

Small Business Idea #3.

The funeral business is known for its sombre conservatism. But that doesnt suit everyones taste. For that reason, the Tombstone Hearse Company, offers the transportation of funeral caskets (or urns) in motorcycle-drawn nineteenth-century style hearses. Prices start at US$650.

The Black Velvet Motorcycle Hearse company, instead uses a Harley Davidson Road King Classic and attached hearse with a sidecar for the widow/widower to enjoy the ride too.

Small Business Idea #4.

While we are on the topic of new small business ideas challenging commercial conservatism in the funeral business, some of the latest coffin and urn options include a casket shaped like a 1967 Ford Mustang, Star Trek themed coffins and urns and Major League Baseball variations.

One company, Eternal Image, already turns over in excess of 600k annually in this niche business.

Small Business Idea #5.

If a woman is bored with conventional hats, the new range of LED-based

Mar 23

The Impact Of Barcode Scanner Technology On Businesses

Barcode technology has become omnipresent and is being used in every aspect of businesses to prevent errors caused by human intervention, and enhance overall efficiency across applications. Processes like inventory control have seen revolutionary changes since barcode help to track all product details and update inventory levels at all times. Barcodes are a universal feature now and do not attract attention anymore. They are in use in offices and commercial establishments, hospitals and warehouses, hotels, government agencies and all organizations required to keep an inventory of products and services.
Customers and clients seldom stop to consider the working of barcode scanner technology. No one thinks of the meaning of the parallel black and white lines, the light beam flitting across them and how they transmit the same data found on the label. The only certainty in everyone”s mind is the accuracy of the information and the fast pace of transactions.

The rationale behind all this is manner in which barcode technology works. Any item that is barcoded has been identified, and all relevant details about it stored in the system or the host computer. The information coding takes place in a special barcoding language, and it is the job of the barcode scanner to decode that information and present it in a human readable form.

Barcode languages are simple since they contain symbols that are like a string of bars of different sizes, some short, some long, and interspaced with unequal spaces shown in white. Thus it appears as a series and every part of the series stands for a certain number of characters. Special barcode software eases the whole process of storing information and later decoding it.

Hence barcode software is the critical part of barcodes and barcode scanning processes that eases the working of the whole

Mar 22

Key Success Factors For Successful Business Marketing

Business Marketing is the practice of individuals or organizations facilitating the sale of their products or services to other companies or organizations, according to Wikipedia. Also known B2B marketing, for short.

Business Marketing Fundamentals

When it comes to business marketing the process should always start with a good brainstorming session to get your branding right. While most people brainstorm many different ideas, tag lines and cute quotes, the real problem with ineffective brainstorming is that people rely on the wrong information to start with. You must begin by fully understanding the fundamentals of your business, your product or service and your business clients.

Who are the customers for your B2B Sale? Answering this along with what language they speak, their lingo or jargon should be asked, answered and understood before undertaking your brainstorming session.

The same for getting clear on what the product or service offers your customers. Another fundamental in business marketing branding is finding your powerful story. To stand out from the crowd , your marketing must consistently put forward an emotionally rich story.

Do this and you can overcome all odds including economic hard times. The story might not be in the product but the business owner. Anita Roddick, founder of the Body Shop is a classic example. Her passion to save the rainforest and demonstrate that being environmentally conscious could also be profitable is a compelling story that brings emotion to the emerging marketing of the time. Here emotional story was branded with her product. They have become inseparable.

The next step would be to ask how can you portray this story and stand out? Remember that it is better to stand out than to be ignored. And finally the critical element to business marketing is to discover how you can communicate your story in

Mar 21

Sap Business One Mobile Application For Iphone

This mobile app for iPhone lets you stay in touch with your business and customer data while away from the office. It enables you to instantly connect with your SAP Business One application via iPhone to check on inventory and customers, access reports, receive alerts, and process approvals.

REQUIREMENTS
Apple iPhone or iPod touch with iOS3.2 or higher
SAP Business One professional user license
LANGUAGE
Supports all SAP Business One languages
SECURITY
SSL or VPN secured online server access, no data storage or caching on device, no offline usage
Overview:

Complete
Mobile customized reports and metrics, approvals, alerts, business partner and stock data
Intuitive
Easy to navigate with a finger tip
Graphical data representation
Interactive
Real-time data access
Respond directly and trigger remote processes

Key Features

Alerts and Approvals: You can get alerts on specific events (such as violation of limits for tax, unit price or deviations from credit limit, discount or gross profit) and approval requests awaiting for your immediate action. Trigger remote actions, and drill into the relevant content or metric before making your decision.
Reports: You can refer to built-in Crystal reports that present key information about your business. You can add your own customized reports. From the mobile device you can easily share the reports via e-mail.
Business Partners: You can check and edit addresses, email-addresses, phone numbers, contact details, view historical activities, and special prices; contact or locate business partners; create new business partners; log new activities. All changes get automatically updated in SAP Business One on the backend.
Stock Info: You can monitor your stock/inventory levels and get detailed information about every item in your business. Furthermore you can preview item pictures and check pricing information

Mar 21

A Business Franchise Philippines Success Story

In the Philippines, the term fast food is pretty much synonymous with the Jollibee brand. It took more than just one man for it to become that way, but all it took to start was a man name Tony Tan Caktiong. The humble beginning for Tony was working with his father to operate a kitchen in Fujian, China. In 1975, Tony began his entreprenuerial journey with simply a pair of two ice cream parlors in Cubao, Quezon City.

Despite his success with the ice cream parlors, Tony didn’t stop there. He looked around the world and saw the kind of success chains like McDonalds were having. Instead of opening a franchise for an existing fast food chain like Burger King or Wendy’s, he decided to expand with the opening of his own chain of hamburger-serving fast food restaurants named Jollibee in 1978.

Since McDonald’s hadn’t yet entered into the Philippines, Tony capitalized on this fact by establishing his brand among the Filipino people. Instead of trying to learn everything from scratch, Tony traveled to the United States to learn the tricks of the trade from the already established chains such as McDonalds. By implementing these tried and true business practices back in the Phlippines, Tony’s hard work began to pay off when his business began to rapidly expand. The division of Jollibee Philippines really tries to serve the specific needs of the Filipino people and its culture by focusing its product development as well as its marketing and advertsing to target the unique and traditional Filipino family.

Today Tony Tan Caktiong serves as a success story and a role model for entreprenuers around the world. This was solified in 2004 when Tony was voted the Entrepreneur of the Year by Ernst & Young. The chairman of Ernst and Young, James

Mar 21

4 Things to Look for When Buying Metal Springs

When you plan on buying metal springs for your company, it is important that you pay attention to all of the details. A manufacturer can provide you with a lot of different features and you want to take advantage of each of these. When you work with the right manufacturer, you can obtain a quality spring at an affordable price.

Material

There are all sorts of materials to look at when you get metal springs. The type that you get is going to depend on what you need the spring to do. You will also need to look at some of the environmental factors. Some materials are more corrosive than others and you don’t want to run into issues where the springs are literally dissolving in acid.

Popular materials include beryllium copper, stainless steel, and titanium. You may also need more unique materials such as Hastelloy, Inconel, or Monel. This means that you will need to find a manufacturer who is capable of finding these materials and making you springs out of them.

Size

Size matters when it comes to metal springs. If you get one too small, it isn’t going to form the connections. If you get one too large, it is not going to allow your operations to function as necessary. There are a lot of “in stock” sizes that you can select from. If none of these fit your needs, you will need to ask the manufacturer if they will provide you with a custom size.

Coating

Various coatings can be added to the springs as well. This is beneficial when you want to add strength and durability as well as to expose the springs to various environmental factors. The coating is typically latex, though you have options when you talk to the manufacturer to find out what they are capable of providing you.

Price

Finally,

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