14 Common mistakes people make when negotiating
A lovely video. About 14 minutes, but gives you some food for thought!
https://www.entrepreneur.com/video/305896
How Accountants Can Help Improve Business Performance
September 12, 2017
This article tries to draw attention to the role that accountants could play as business advisors within your business. Historically, accountants occupied the position of “bean-counters,” which essentially focused on what happened in the past, not on what the future of the business holds.
This has changed, and it’s important to understand the dynamics of how it works in today’s business context.
While there is a great deal of value that comes from applying accounting expertise to the historical viewpoint, such as that which comes with preparing tax returns and historical financial statements, it is clear that accountants can bring to the table a set of unique skills that go beyond simply working with historical numbers.
Aside from working with past data, accountants also possess skills that are exceptionally well-suited for analyzing what can be coming down the road in terms of financial activity in the future. In fact, it has […]
How fast-food cues can lead you to overeat
07 DECEMBER 2017
Attracted to fast food? Here’s how to avoid the cues that make us crave those tempting treats.
You’ve probably been there – there is a commercial break during your favourite nightly TV series. You have just finished dinner, but you’re desperately craving something sweet. An advertisement for an ice-cream from your favourite fast-food franchise comes on.
Onslaught of tempting aromas
Before you know it, you are either hopping into your car and speeding off to your nearest fast-food joint, or you are grabbing your phone and calling for a delivery service.
Before heading out to shop this holiday season, steel yourself for an onslaught of tempting aromas that might lure you into a fast-food restaurant.
Food-related cues, like the …
Read more @ … http://www.health24.com/Diet-and-nutrition/News/how-fast-food-cues-can-lead-you-to-overeat-20171129
4 ways retailers can boost the product discovery experience
MARKETING NEWS
By Pavan Sondur – Dec 7th, 09:51
What defines the marketplace of the future?
Data from Statista suggests ecommerce sales will touch $4.5 trillion by 2021. Interestingly though, 94 percent of all retail sales still take place in stores. What does this mean for the etailer or the retailer of the future?
The digital-first consumer of today is not limited by boundaries and is exposed to a plethora of information across different forms of media. The winning strategy — for any retailer interested in this new generation of customers — is to have a strategy that is both digital and physical.
But how easy (or difficult) is it for a brand to decode the deeply subjective experience of browsing through the aisles of a store and translate it online?
It […]
Reputation and corporate bottom line: Steinhoff as a case study
Reputation Matters Dec 12th, 11:17
Even though Christo Wiese has taken the helm as the interim CEO and is trying to stabilise the ship through the storm, Steinhoff faces the threat of becoming the biggest bankruptcy in South African corporate history. (Business Times, 10 December 2017).
How does this happen? “It all boils down to lack of internal governance,” says Regine le Roux, Managing Director of Reputation Matters. “Reputations are ruined when values are negotiated, ethics are compromised and leadership actions are questionable. Having authorities investigating irregularities, and by associating the words ‘senior executive’ with tax evasion, documentary forgery, and fraud, is never a good combination.”
“If you keep your nose clean, follow policies and procedures and adhere to governance structures your integrity as a company […]
Subway
The Brand
SUBWAY™ was founded by Fred Deluca and Dr Peter Buck who opened their first restaurant in Bridgeport, Connecticut, USA in the summer of 1965. By 1974 the duo owned and operated 16 submarine sandwich shops. They realized that franchising was the way to grow their operation further, and so launched the concept that has seen the SUBWAY™ brand grow to more than 44 000 restaurants in more than 100 countries and is the #1 restaurant chain in total restaurant count with more locations than anyone else in the Quick Service Restaurant (QSR) industry.
Concept
As a SUBWAY™ franchisee you are entitled to establish and operate, from a single location, a retail establishment preparing and selling Foot long and speciality sandwiches, salads and other food items. All SUBWAY™ restaurants are required to adhere to the SUBWAY™ standards and policies regarding food preparation and food safety.
Read more … http://www.safranchisebrands.co.za/subway/ downloaded 23 October 2017
Meet the reclusive South African billionaire investor behind Nando’s
By Mareike Pietzsch – April 23, 2015
You know this tycoon is elusive when a quick Google Image search turns into a frantic 10-minute quest.
Few people know that billionaire Dick Enthoven is not only the owner of Spier and Hollard Insurance Company Ltd, but also of the South African Nando’s restaurant chain whose famous peri-peri chicken took the world by storm.
How did Nando’s start?
Enthoven got to know the founders Robbie Brozin and Nando Duarte in the 80s, and gave them a loan to expand their Nando’s chain in South Africa initially, and then internationally.
A family affair?
Nando’s is described as a “private family business” and the main backers and investors is the Enthoven family, providing capital
Read more … https://www.thesouthafrican.com/meet-the-reclusive-sa-tycoon-behind-nandos/ Downloaded on 23 October 2017
Nando’s: 3 ingredients for global success
Since stepping down as group CEO of Nando’s four years ago, Robert Brozin now looks after the “culture and soul” of the brand.
The business has grown from a single restaurant in Rosettenville, Johannesburg, in 1987 to a global business with 1 100 restaurants in 23 countries today.
Speaking at the Investec Business Matters conference in March, Brozin shared insight on how he and Fernando Duarte, later joined by Dick Enthoven, broke into the restaurant industry.
“I realise how little we actually knew and we didn’t realise how tough the journey was going to be,” he recalls.
Brozin says the team loves that the brand emanates from South Africa.
“The kick that I get from people around the world, is that they can’t believe we [Nando’s] could be African. To me it shows that South Africa can truly be world class.”
Read more … http://www.leader.co.za/article.aspx?s=41&f=1&a=6050 Downloaded 23 October 2017
Fast-food chains pressured to revamp kids’ meals
Zlati Meyer, USA TODAY Published Sept. 20, 2017
Long treated as the stepchild of the menu board, kids’ meals are getting a fresh look as quick-service restaurant chains pay more attention to nutrition in the food they offer their youngest customers.
Instead of just a separate kid’s menu, Panera Bread is announcing Wednesday that it will offer almost every one of its items in a smaller size for children. The move follows McDonald’s plan, disclosed last week, to replace regular apple juice with an organic, less sugary version in Happy Meals in November.
Panera, with its focus on health, portrays its smaller-size move as encouraging parents and their kids to move away from greasy, calorie-laden items.
“For too long, restaurants in America have served menus full of nutritionally empty chicken nuggets, pizza and fries, paired with sugary drinks and cheap toys,” said Panera CEO Ron Shaich in a statement.
Chains have been paying more attention […]
What is a shisa nyama exactly?
by: Dennis Ngxongo 25 Aug 2016
Democracy in South Africa resulted in many changes in where and how South Africans live – and party. While there was a surge in township residents moving into suburbia, with its high walls and lack of community spirit, the shisa nyama kasi (township) culture, in turn, began to gather momentum.
Shisa nyama, a Zulu slang expression for ‘buy and braai’, started off as a way for township butcheries to increase their weekend sales. But they soon became a gathering place for both up-and-coming urban professionals wanting to reconnect with their roots, and local township residents looking for company and a place to drink and eat. But they very quickly evolved and are now much more than venues to eat braaied meat.
Read more … http://www.food24.com/Restaurants-and-Bars/Shisa-Nyama/what-actually-is-a-shisa-nyama-20160825 Downloaded 22 October 2017