Monthly Archives: August 2017

Understanding The Ins And Outs Of A Coffee Franchise

Owning a coffee franchise can be a very rewarding experience, but before you sign on the dotted line and start serving hot cups of ‘joe’, there’s certain things you need to know so you can make the right decision. If you go into buying a coffee franchise blindly, you could end up making a very costly mistake.

First things first, get a reality check. You should know going in what kind of money you have to put towards a coffee franchise, you should understand your strengths and weaknesses in running a business and be very honest with yourself about how much time you’re willing to spend in your business. If you do this, you’ll be way ahead of the curve. Don’t jump into any decision. Take your time, consult with franchise experts and do your due diligence.

The attractive thing about owning a coffee franchise is the cash flow and profit margin. People are drinking coffee today like it’s going out of style and they are happily paying upwards of $3 per cup. The real cost of the coffee is under $.25. The profit margins with coffee are HUGE! On the contrary, only making a few bucks per cup isn’t going to get you a mansion in Beverly Hills. A Coffee franchise is 100% a volume business. You have to crank out thousands of cups per month to see any real income. Some of the most successful coffee franchises have drive-thrus which can make up to 70% of the revenues.

The real secret of a coffee franchise is NOT the coffee, but the atmosphere. People can get coffee anywhere, but they come to these shops because of the social element. They come to hang out, conduct business, surf the web, relax, read a book, whatever. That’s why so many coffee franchises have the relaxing and mellow look and feel to them.

However, there are things about a coffee franchise that aren’t so fun from the very start. First, the high start-up costs can be huge. Not only will you have to pay a hefty franchise fee, but then you have to get a location, you’ll have to get equipment, you’ll have inventory to get, fixed costs, variable costs, employee wages and on and on. The costs can be high. Don’t forget about the royalty fees that are based on gross revenues, not net profits.

Now even if you are financially capable of buying the coffee franchise, that won’t matter because there are more pre-qualifiers you must meet. You’re going to need a considerable net worth, a good credit history but the real challenge is that you have to get approval to buy the franchise. If they don’t like you, they won’t sell you a franchise.

Jay Noland – Network Marketing Professional and Motivational Speaker

Jay Noland is a Network Marketing professional who has been in this business since 1995. Jay found success in this business from a young age and since then he has worked on several businesses that have reached global success and have their presence in several countries. Along with being a successful businessman, Jay Noland is also an excellent motivational speaker. Over the years, he has helped and mentored thousands of individuals in achieving success on their own and bringing a massive change in their professional as well as personal lives. In the industry, he is also known as a Master Trainer and he has delivered motivational talks all over the globe. People from all walks of life have attended his talks and benefitted from his talks and they have been positively impacted by his thoughts.

Jay Noland thinks himself blessed to be able to guide so many people and motivate them to achieve something tangible with their efforts. His leadership skills have helped him in achieving success in several business ventures even in the most grim business situations. He has always stood by the teams he has led and mentored them expertly through difficult business conditions. Jay Noland believes in giving his all when he commits to a task and this passion for doing good work has helped him foster great relationships with people all over the world.

With exceptional people skills and futuristic vision, Jay Noland has achieved massive success in the business arena and his opinion and advice is greatly valued by his peers and colleagues. Those who meet Jay Noland can’t help but be influenced by his positive attitude and outlook towards life. Jay Noland is the CEO and founder of SereniGy MLM Company that deals exclusively in beverages that contain the herb Ganoderma Lucidum. The company helps determined individuals excel in direct marketing through sales of SereniGy products. Find out more at www.serenigy.com.

Making Internet Money Can Be Easy

If you are just starting out your Internet Marketing venture you should be warned. It can be a road full of confusion and information overload. You can avoid much of the frusteration waiting for you if you just follow the information offered below.

Education is the first step to great success online. The Internet Marketer can learn to out earn a Doctor in less than one year of study. You can out pace the average Doctor getting into profit by about seven years. Accessing the proper training systems the beginer Internet Marketer can out earn the average Doctor within about a year.

Association is an important second element to getting these kinds of results. The people you associate with can have a profund effect on your business. There are a couple of reasons association is an important consideration. One is mindset. By pluging into a community of successful Internet Marketers you will see with your eyes the potential of this industry. You can not help but pick up on some important skill sets through proper association. By learnig from the leaders you can cut the learning curve in half and generate internet money much faster.

Nothing can help you make money easy online like a proper system. Systems now take a lot of the tedious work out of the proccess of making internet maoney. These systems will do the work for you after you get them all set up and running. All of the top earners in this industry have total automated systems in place. They have learned the proccess of reducing the tediuos work and are able to scale up in the proccess.

Even though this is an industry that your average person can become an overnight success you have to want it bad enough to put in the effort for training and association. Most people are content to stay within their comfort zones even though they will never get anything different in life.

To create real change in your life you must break the chains of mediocrity and the old molds of how it has always been. When the wall of challenge faces many Internet Marketing start-ups amny fail to continue the fight. Your desire for success in this industry must over power the temtation to quit.

The education is always available. If you are serious you will always find successful Internet Marketers that will help by lending you a hand. There are many automated systems that you can access. You can use this advice to help you earn internet money fast but it will all be for nothing if you do not want it bad enough.

In conclusion you can learn how to generate a substantial online income from the comfort of your home. Get your FREE training.

Pick up some great Here!

What Is The Difference Between Digital Marketing And Traditional Marketing

The next big thing in the marketing world is Digital Marketing. This mode is contemporary, user-friendly and very accessible. Also known as online marketing, this is a way of endorsing products and services using the digital interactive distribution channels. This medium involves usage of modern communication media like internet, mobile and digital outdoor mediums.

The importance of digital media marketing can be ascertained by a prediction which says Strategic internet marketing is likely to replace the traditional tools of marketing in the next five years. A large section of marketing experts believe that this digital interactive marketing medium will make traditional marketing tools appear irrelevant to the new generation media consumer.
Difference between digital and traditional marketing

Gone are the days when internet marketing was considered a stand-alone promotion medium. With increasing reach of digital marketing technologies, online marketing is capable of taking over most of the traditional marketing areas in a digital way. Direct marketing seems to be an outdated phenomenon after internet marketing made its place in commoners life. Direct marketing is now quick, easier, interactive and beyond human limitations with the use of internet marketing tools.

With every passing day, human lives are moving online. Traditional marketing media is losing its momentum. A TV spot, which was considered most effective a few years back, is losing its charm. Today, it is 25% less effective as compared to a situation few years back. Strategic internet marketing reaches the consumers where they are. A recent survey study disclosed that up to 90 percent of the real estate prospective buyers begin their search on the internet. This indicates that real estate companies have no choice but to resort to digital marketing strategies. Internet marketing tools have advantage of easy accessibility. SEO, banner placement, email marketing, social media, PPC and various other online tools of marketing are easy to access at consumers end. The marketers can get the exact figures of hits on advertisements. They can easily figure as to how many of the hits are converted into leads. Whereas, incase of traditional marketing, ascertaining exact figures is a hard nut to crack.

Differences Between Starting From Scratch And A Franchise

Are you contemplating starting a new business? There are some things that youre definitely going to need to think about before heading down that road. Lets talk about a few very important options youll need to consider.

The most difficult part of any new business is getting it started. Youll have a lot of administrative stuff to figure out, and youll need to start getting clients right away. Youve undoubtedly heard that 80% or so of new businesses fail in the first 2 years or so. This number will fluctuate depending on the industry and where you get your numbers from, but in the end its been shown the most new businesses fail.

So why do most new businesses fail? Well, there are a couple of common reasons. One is that a new business fails to advertise like it should. So they fade into nonexistence. This ties into the second common problem which is just running out of money. There are a number of causes for this, but if you run out of money you are pretty much out of business.

Im not trying to demotivate you. But you need to be aware that there are things you can do to improve your chances. Lets look at one.

One way to give yourself a better chance of surviving as a new business is to start as a franchise instead of a brand new business. There are a couple of reasons why this is a good option. First of all, the franchise will teach you how to run their system. They already have a proven track record that will get you started right.

Another great benefit of starting a franchise is you get brand recognition. No one has heard of Bills Best Burgers, but they have heard of McDonalds, Burger King, and a number of other franchises. With all the advertising the franchise does nationally you get immediate recognition when you open your store.

You dont have to just open a franchise in the food industry. You can also open them in just about any other industry you can think of. There are franchises in electronics, batteries, ink cartridges, clothing, and tons of other industries.

So there you have it. Do you start everything from scratch or do you start a franchise? One is definitely a more expensive option, but you will have a much better chance of long term success.

Bank exams in india now in a new pattern

The mainstream competitive exams in india are on a way towards huge shift in basic testing methodologies as the focus has now started to shift from testing the knowledge to testing the aptitude of the candidates. There has been a significant amount of change in the patterns of main exams of the country that include ias exam (civil service exam), the very in-demand and hot bank exams that give an opportunity to get highly satisfying and security assuring bank jobs.

The other factor that has caused in increasing attraction towards the bank exams in the young people of the country is the handsome salaries being offered by the banks now a days (thanks to the recent hike in salaries in the main stream public sector banks in india ). All these factors have caused in increasing the competition in bank exams by many folds as many more students are applying in these bank exams and trying to seize the opportunity of getting a satisfying and security provider bank job.

The big recent change in pattern of bank exams that has varied the way bank exams are conducted is the common written examination(CWE conducted by IBPS). According to this new parttern, all the mainstream public sector banks will now recruit through a common written examinationn that will be conducted twice a year for clerical and po/Specialist officer’ posts(once for each).

The qualifying candidates would then be issued scorecards which will be valid for an year. Public banks That will be looking to recruit for above posts will invite applications from candidates having valid scorecards. Eligibility conditions like age, education, Percentage will be explicitly mentioned by the banks that invites applications for respective posts as per requirements. Candidates satisfying the eligibility criteria can send in their applications & proceed directly to Interview or Group discussion (Accroding to bank selection Criteria). Currently there are 19 public sector banks participating in this pattern.

This new pattern is expected to solve a lot of issues collectively by the candidates and also by the banks. Banks used to face a lot of problems while managing the activities involved in organizing recruitment drives. Also, students had to suffer as they had to wait for long periods of time to get the results as banks also have other things to do. These issues are expected to solve through this new CWE pattern with correct evaluation and timely results. Thus this is a good change in pattern of bank exams.

Education Analyst Invites you to a portal also consisting of and info on .

Secret Of Getting More Money Through Law Of Attraction

Money is the most important factor in everyone’s life. Everyone needs money for his or her daily requirements. Have you ever noticed the fact that why rich gets richer and the poor remains poorer. There is very important fact hidden behind this thing. Rich understand each and every point and they invest money in the right channel, but poor people have the money that they could only spend on paying the bills. Many people try to use the law of attraction in their field and most of them fail. Some people know the art of attracting the money. Law of attracting money is very simple but you need to be very dedicated towards it. The rich are able to find the ways to use their capital to make more money. Poor people see the ways of earning money as a burden. They spend all the money in paying the bills or in other household activity. The basic rules of the can be understood through the basic steps.

If you are not thinking about the ways to make money then you are going to remain poor for most of your life. You should be able to think quick and properly channelize your plans. Take some time out of your work every week and invest time in doing some part time work. Invest some time doing stuff like internet marketing, investing in stocks, etc. Then you would see every month, your money would be growing. Side by side with money, your knowledge and experience would also grow. Your money has to come from someone, somewhere. If you are positive about your goals then the universe would unite with you to achieve your goals.

Actions speak louder than the words and you must work in accordance with your desires to achieve the required goals. You frequently use the credit card to make the purchase. Using the plastic has become very important in today’s time. But, the amount that you use from your credit card is not deducted directly from your credit card account in real time. I know many people who are carrying the credit card debts in today’s time. To keep away from these kind of debts use the debit card as much as possible. Many people have the pay later mentality which directly means owing the money. Rich people often visualize having so much money in their wallet or in bank accounts. In this way they attract money in their life. Rich people make it a ritual to meditate and think about the electro- magnetism power of the universe.

Author Bio- Self development coach and motivational author. He sometimes also performs the duty of an occasional speaker.

Advantages And Disadvantages Of Viral Marketing

With the aim of promoting their Business worldwide, nearly everybody is looking forward for viral marketing as it is one of the widely available and unbeaten marketing strategies. The concept behind the viral marketing is to use persons who can sway other people to make peer-to-peer product recommendations. If the Viral Marketing is bring about appropriately by you than the strength of people will be snowballing quickly. This is to say that within a short-term, you will be gaining an immediate visitor. And thus, through this sort of advertisement, you are going to generate considerable amount of revenue plus long-term gains by attracting visitors for years to come.

High credibility, high efficiency, low-cost are the great advantages of the Viral Marketing to promote your Business transaction. Though there are possible risks, then also viral marketing has the uncanny ability to receive the unparallel attention of the massive crowd at a relatively low-cost. Through this, all the Business Owners will dig up the opportunity to get the continuous promotion adjustments as well. Hence, all this will lead them to reach at great heights.

In spite of the fact that viral marketing is an efficient way of marketing and promoting the products, it does have its drawbacks and negative aspects as well. The main disadvantages of the viral marketing are that you have to work in association with an unknown group, chances of getting an unsolicited e-mail threats and the dilution of the brand and much more. Viral marketing, like all marketing is hit and miss. It is more risky and controversial as comparative to traditional marketing. If done improperly viral marketing can backfire and create negative buzz.

Besides this, there are more disadvantages to Viral Marketing. Viral content may be a video clip of streaming video and also may be excessively large for the recipient to receive. All may not have the quick connection to the broadband internet, so this can be a substantial issue. The media format may also be a matter of concern if for instance you entail the need for particular software to view the message. If a viral campaign is executed through an email attachment, than software like firewalls and anti-virus may put-off you from viewing the message.

Hence, here we have brief out some advantages and disadvantages of viral marketing.

Different Types Of Bank Accounts Explained

If you are looking to open a new bank account, it is a good idea to learn about the different types of bank accounts available, to ensure that you get the right account for your exact needs.

There are several types of bank accounts available, each one being tailored to slightly different requirements and also varying from bank to bank. Each type of account offers different advantages and for many it might be beneficial to hold a combination of accounts.

Basic Bank Account

This type of account usually offers the customer the facility to have regular payments paid in free of charge, and to set up direct debits or standings orders. The customers bank should issue the account holder with a card to withdraw money, which may or may not be free of charge, depending upon where the money is withdrawn.

A basic account normally lacks the facility of a chequebook and an overdraft, the benefit of the latter being that the customer need not worry about accumulating debt. On the downside, the interest rate received by the customer may be lower than that for a current account.

Current Account

Like the basic account, current accounts are tailored towards everyday use such as paying in money, withdrawing money, as well as setting up standing orders and direct debits. Customers will receive a debit card with capability such as visa or maestro, enabling the customer to withdraw money where they find the relevant sign. The debit card for this account also permits customers to make payments via the chip and pin process.

A current account will typically also return low levels of interest on the money in your account, but unlike the basic account, may provide the facility of an overdraft which needs to be arranged with your bank. Customers are also usually entitled to a chequebook as a method of payment.

Savings Account

Savings accounts will offer a higher rate of interest to the customer and therefore provide a means of saving money and to see a return in the form of interest. This often means that you cannot move your money too often. In fact, some savings accounts require that you give notice before withdrawing money. Customers should also be ware that interest gains will be taxed, and are normally deducted before being received by the account holder. Non-taxpayers in the UK can claim back the tax on the interest gained, but for UK taxpayers, an ISA may be a better option for saving money.

Student Account

The main feature of a student account is that they normally offer an overdraft facility for students. The overdraft limit will vary between banks, but will commonly be a free facility. Banks also offer different incentives for students to open an account, which may include complimentary insurance, electronic devices, railcards and more.

Claims Payment Record Of The Private Insurance Companies

As we know, there are 20 odd private life insurance companies in India, and there is LIC which is a public sector company. LIC is the 800 pound gorilla, managing to hold on to about 75% market share even 10 years after private companies have been allowed into the life insurance space. The private life insurance companies position themselves on being more customer friendly, wider array of products etc while LIC holds on to its positioning of trust, experience and government backing. One of the key parameters on which to judge a life insurance company is their claims payment record. At the same time, we must note that given that life insurance has become more of a savings and investment product, the returns that they provide are perhaps more important than claims payout ratios. Nevertheless, claims record is definitely not a variable to be ignored.

A table illustrating the claims rejection percentages of the top life insurance companies in 2009-10 is presented below:

Life Insurance Company
Claims rejection ratio (%)

LIC 1.21%
Aviva 9.75%
Bajaj Allianz 5.2%
Birla SunLife 10.62%
HDFC Life 4.67%
ICICI Prudential 3.27%
ING Vysya 4.26%
Kotak Mahindra 4.29%
Max New York Life 12.31%
MetLife 5.94%
Reliance Life 7.05%
SBI Life 14.75%
Tata AIG 12.3%

An important observation from the above table is that the claims rejection ratio of LIC is the lowest, thus implying that their record is the best as far as claims payment is concerned. At the same time, the very high percentage of claims rejection of SBI Life and Max New York Life surely comes in as a surprise.

It must however be noted once again that in Unit Linked products that life insurance companies promote aggressively (or at least was promoting till Sep 2010) , the returns earned on the fund is perhaps a more important variable than the claims payment (or rejection) ratio. However, for non life insurance companies, which offer pure protection/insurance products with no savings or investment component, claims payment is the crucial variable along with the speed of processing of claims.

Let us now look at the incurred claims ratios of the non life insurance companies:

Non Life Insurance Company
Incurred claims ratio

New India Assurance 89%
Oriental Insurance 99.69%
United India Insurance 78.62%
National Insurance 99.16%
Royal Sundaram 68.95%
Reliance General Insurance 77.3%
Iffco Tokio Insurance 83.44%
Tata AIG 60.54%
ICICI Lombard 85.35%
Bajaj Allianz 71.9%
HDFC Ergo 80.73%
Bharti Axa 104%%

One data point that stands out from above is that Tata AIG General Insurance seems to be sourcing the best quality business from the underwriting point of view, whereas the claims payment ratio of Bharti Axa seems to be quite high. Alo,the claims payment ratio of the public insurers, at an overall level, is higher than that of the private non life insurers.