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15 Best Innovative Small Food Business ideas for 2018

What are the best food business ideas and opportunities to start in 2018? Are you interested in starting a business in the food industry? What opportunities exist in the food industry? If you want answers to the questions above, then i advice you read on.

If there is an industry that is unlikely to go down, it is probably the food industry. Regardless of the economic situation, weather or whatsoever, people must eat. People might stop buying clothes and jewelries but they will never stop eating.

Also, this is a business you can start in any locality or region; whether Nigeria, Canada, USA, U.K, Ghana, India, Singapore, etc. So if you are interested in starting a food business, below are some food business ideas to help you start or expand your existing food business.

15 Best Innovative Small Food Business ideas to Start in 2018

1. Become a food Producer

The food industry is highly dependent on […]

Estie2018-05-20T17:35:34+02:00May 20th, 2018|Entrepreneurship, Other|

How much it costs to open the 10 most popular fast food franchises in South Africa

Despite a weak economy and tough trading conditions, the franchising sector has continued to perform well – especially in the fast-food sector.

“Over the past few decades, business format franchising has become the most successful business model the world has ever known,” said Tony Da Fonseca, chairman of the Franchise Association of South Africa (FASA).

“Seeing that in this fast-moving world of ours, change is seen as the only constant, it is appropriate to ask whether franchising can maintain its momentum. My answer is a resounding yes.”

Survey results released by FASA in 2017 showed that the sector’s performance remains on an upward trend.

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Estie2018-05-20T17:16:27+02:00May 20th, 2018|Entrepreneurship, Finance, General management and CSR|

Sustainability through investment A McCain Foods case study

McCain Foods is the world’s largest producer of frozen chips. It opened its first processing factory in New Brunswick, Canada in 1957 turning out cartons of frozen french fries. Owned and managed by the McCain family, the company grew rapidly and entered the UK market in the 1960s. Today, around 45% of all frozen potatoes sold in the UK are McCain frozen potato products. This makes McCain Foods the clear market leader.

McCain Foods emphasises continuous innovation to enable the brand to deliver both variety and quality. This gives McCain real competitive advantage. By investing in new technologies, it can produce products on a huge scale. This enables the company to meet customer demand and keep down costs.

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Estie2018-05-20T17:10:09+02:00May 20th, 2018|Finance|

SWOT analysis of Disneyland

Disneyland is a popular group of cartoon and movie based amusements parks owned by the famous entertainment company Walt Disney Pictures. One of the earliest parks of this kind, Disneyland was set up in the year 1955 under the direct supervision of the famous cartoonist Walt Disney.

Headquartered in California, Disneyland is housed over an area of 34 ha and was popularised using Disney characters like Mickey Mouse and Donald Duck. Disney Land is amongst the world’s most visited theme parks and is a huge hit with kids.

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Estie2018-05-20T17:07:07+02:00May 20th, 2018|Environments|

14 Leadership Trends That Will Shape Organizations In 2018

There’s no “right” way to be a leader. Everyone who steps into a management or executive role has a different style of motivating and guiding people, and effective leadership means finding the way that works best for both you and your team.

Good leaders also know when it’s time to adjust their approach, and are able to adapt to the ever-changing demands of the workforce. We asked 14 members of Forbes Coaches Council to share their insights on the biggest and most influential leadership and management trends of 2018.

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Estie2018-05-20T17:05:37+02:00May 20th, 2018|General management and CSR|

SA fast food franchising on the rise

The fast food and quick service restaurant sector in SA contributes 13 percent to GDP.

With a contribution exceeding 29 percent, South Africa’s quick service restaurant (QSR) sector has by far the biggest share in franchising turnover. According to the Franchise Association of South Africa (FASA), the franchising market is worth R587 billion, approximately 13.3 percent of the South African Gross Domestic Product (GDP).

Andre Beck, Sector Head: Fast Food and Restaurants at FNB Business, says:

“Industry data shows that South Africa has seen more franchises opening fast food and restaurant outlets in spite of the floundering economy. This clearly paints a picture of a sector that is competitive and lucrative, and more importantly, it shows that the franchising has sustained appetite to grow further in the local economy.”

He highlights some trends in this sector:

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Estie2018-05-19T16:42:02+02:00May 18th, 2018|Environments, Recources, Syllabus Topics|

Factors that impact recycling successes in South Africa

Recycling plays a big role in the South African economy and offers work opportunities to thousands of South Africans.

The Glass Recycling Company recently looked at seven key factors that impact and may continue affecting recycling successes in South Africa in 2018, Sandton Chronicle reports.

“Currently South Africa does not have mandatory punitive legislation in place which makes separation of recyclables at the source (where the recyclable material, which includes glass, paper, metal and certain plastics is separated from the waste stream) in homes, offices, restaurants and bars compulsory. Mandatory separation at the source will ensure greater recycling success in years to come,” said Shabeer Jhetam, executive director at The Glass Recycling Company.

outlined the following factors that will impact recycling in 2018:

Entrepreneurship in Waste

In many developing countries like ours, an informal ‘collector market’ has evolved; this informal market has also grown in Brazil and India amongst other nations. Recyclables are collected by […]

Estie2018-05-18T17:47:13+02:00May 18th, 2018|General management and CSR|

Why 2018 is the year for business to step up climate action

Big numbers can drive change, so here’s a huge one: 800,000. That’s how many years it’s been since Earth’s atmosphere was as loaded with carbon dioxide as it is now. The steep rise in this heat-trapping gas underlines the need for a globally sustainable economy if we want to avoid the costliest impacts of climate change this century.

New policies and market trends show that a low-carbon transition, as envisioned in the 2015 Paris Agreement, is accelerating around the world – but not fast enough. National climate commitments made by countries under the Paris pact will only get us about a third of the way to the emissions reductions needed to keep the global temperature rise below 2 degrees Celsius, compared to pre-industrial levels. To get the rest of the way, accelerated short-term action and enhanced longer-term national ambition will be required, according to the UN’s 2017 […]

Estie2018-05-18T17:42:54+02:00May 18th, 2018|Environments|

5 trends entrepreneurs can capitalise on this year in South Africa

In the year 2018, a change of guard in the ruling party promises renewal after the past few years of weak economic growth, poor governance and low confidence.

On the back of such, starting a business from the ground is a major milestone that many people are thinking about in 2018. As a result, there is little faith that ordinary people and business alike can have a big impact on the robustness of the economy.

Their prospects to start a business will among others, close the unemployment gap, boost investment levels to the National Development Plan target of 30% of GDP.

Trudi Makhaya, consulting economist for Mercantile Bank highlights several main themes for entrepreneurs to look out for in 2018:

The Second Coming of the National Development Plan

In a speech outlining his vision of the economy last December (a New Deal for Jobs, Growth and Transformation), Cyril Ramaphosa outlined a […]

Estie2018-05-18T17:38:40+02:00May 18th, 2018|Entrepreneurship|

The Biggest Trends in Entrepreneurship to Look For in 2018

I’m a big fan of looking toward the future.

Thinking about the years ahead can help you plan your goals and strategies better and if you do it right, you can beat your competitors to the finish line by doing something before they do.

Looking ahead can also help you improve your own business.

I’ve always kept up with trends in business because it helps me know what to expect.

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Estie2018-05-18T17:34:32+02:00May 18th, 2018|Entrepreneurship|