Daily Archives: October 8, 2018

How To Prosper Your Staffordshire Business In Real Estate

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If you want your Staffordshire business in real estate to work, ensure it is possibly making money. After all, you need adequate cash in the bank to keep your business alive, whether you’re actually making money from a luxury vacation home in Stoke-on-Trent. The question is how to go about making money through efficient strategies? Below are some tips on how you can bring in or maximise existing revenues on real estates:

  • Fix It and Flip It

Consider “flipping” a house if you want to buy one, fix it up and then sell it. Many real estate agents turn to home flipping or helping their clients flip their houses to possibly generate more income. A great place to find houses to flip is at the foreclosure market. These sites are available online by typing the right keyword phrase. The Internet market is competitive, so you need to find places where your target audience wants to live.

  • Find Hidden, Off-market Properties

Finding great deals may be difficult, so you need to find time to make your real estate Staffordshire business earn money. If you try properties that aren’t offered yet by prominent real estate websites, it’s possible to find them elsewhere. They are those properties where its owners need to sell quickly, which means they aren’t foreclosed. And as they need more immediate cash, you’re likely to acquire the property at below market value and give you the largest return of investment.

  • Target the Vacation Rental Market

Let’s talk about how to make money, by helping your customers make money through vacation rentals. During peak tourist season, you can rent your property on people deciding to visit your area. You don’t only build equity for a marvellous location, you provide possibilities to capitalise the demands. However, you need to keep the price low to make it occupied all year round. So, whether it’s in season or not, you have your property earning some money.

  • Take a Brokers Exam

To really become a certified real estate agent, you need to undergo exams required by your state. The certification will qualify you to sell a property as an independent real estate agent or you can work for a larger company. It’s one necessity that makes your Staffordshire business in real estate recognised by more people.

 

Fast Food Industry In South Africa In Danger Of Failing

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Just when you think established fast food brands are here to stay, news of significant decline in earnings of major fast food chains in South Africa comes as a surprise. According to Leonardo Gonzalez Dellan, a restaurateur and entrepreneur, this is something that should also be monitored in Latin America because the tastes of the consumers are changing in terms of fast food menu options.

For the past ten years, investors who are looking to franchise businesses would turn to fast food because of the quick and huge return. In the country, the average cost of a franchise is between R500,000 and R6 million. This industry is also considered to be the king in terms of franchise.

Last year, the data from the franchising department showed that there are a total of 854 franchisors while there are more than 40,000 franchisees. There are 343,000 job opportunities created because of these franchises and it generated sales amounting to R587 billion. This is responsible for 13.3 per cent of the total GDP of the country. In 2014, it only covers 9.7 per cent of the GDP.

There is trouble in paradise as new report coming from the Franchising Association of South Africa or FASA revealed that income generated from takeaway stores and fast food outlets have considerably declines in the first six months of 2018. This has not happened for so many years already.

This put a lot of pressure on the fast food industry according to FASA and the only saving grace at the moment is the appearance of the online delivery services where it is possible for customers to order food without having to leave their homes, even in shops that do not offer delivery.

According to FASA, the advancement in technology will be the main reason why the fast food industry will continue to thrive for many years. Particularly in South Africa, it is important for fast food chains to have an orderly system that makes it possible for consumers to order online and have their orders delivered to them for convenience. Leonardo Gonzalez Dellan added that the same impact has been provided by technology to restaurants as food delivery service is becoming a staple anywhere else in the world.