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Starting a New Business and The Advantages of a Distributorship

Starting a New Business and The Advantages of a DistributorshipThere are numerous reasons why people contemplate starting a new business. These may include limitations or frustrations within a current job or profession; a downsizing on the horizon; or a burning desire to call one’s own shots.

There are also many who long to strike out on their own, but are uncertain which route to take. However, there are ways to test the waters regarding the feasibility and marketability of new business ideas or new products.

Although there may be significant growing pains involved in a particular venture, many business start-up stories have ended in success through hard work, organization and sheer determination.

For budding entrepreneurs who seek to eliminate some of the uncertainties surrounding building a new business from the ground up, entering into a distributorship may be worth serious consideration.

Hitting the Ground Running

Not many “sure things” exist in any aspect of life. This is especially true in the business world, where many more companies have fallen by the wayside than have become successful and stood the test of time. But becoming a wholesale distributor offers some distinct advantages over starting a brand new business.

Many manufacturers and product producers that offer distributorship opportunities are already established in the marketplace or have shown consistency over time in selling their products to a target market. This gives distributors that these entities choose to bring on board a “head start,” especially if a brand is well known.

Many product producers will offer training and the peripheral materials or supplies necessary to give new distributors the tools they need to maximize their chances of eventual success. Of course, distributors must have a degree of business savvy, good interpersonal and relationship development skills, a solid business plan and whatever capital, equipment and warehousing that may be required.

But whether the product is machine parts, food service equipment, or any one of an infinite number of goods or merchandise, with the right opportunity, wholesale distributors often do indeed have the opportunity to “hit the ground running.”

 
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Posted by on February 12, 2013 in Uncategorized

 

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How to Prep for Your First Gig

The first time for anything can be a little scary, especially when it comes to running your own business. But have no fear, running a concession stand is possible and you are the one to make it happen.

Since you’ve already thought about getting into the business of concessions, it’s time to focus your thinking on certain items of the shop.

Start by getting some ideas for brochures, so you can eventually create your own. Look at brochures that you know sell items, and see how they list products.

Know that a successful shop makes money in three ways: 1. From over the counter sales, 2. Shipping sales, and 3. Wholesale or packaged goods. Start thinking of good locations where your shop can accomplish all three of these ideas.

Visit at least two successful concession stands, so you can start thinking about ideas for product presentation, interior décor, display, and even uniforms for your employees. Only use what you see for ideas, it is important that you create your own, unique brand.

Next, do some investigating. Make sure this is what you want to do before you invest your money in the business.

Decide what you’re going to sell at your shop. Create a good balance of sweet and salty, and remember to keep it simple, especially in the beginning. In fact, your best bet is to limit the menu items, but vary the sizes they come in. Or, perhaps you offer popcorn, but sell different flavors. You also want to sell items that are easy to prepare.

Create a business plan based on your location and the products you plan to sell. A business plan will help you determine the costs for the first year, how to promote yourself and the products, and how much you need to make to succeed.

By following these tips, you’ll be on the right track in the concessions business before you sell your first bag of popcorn!

 

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How To Keep Your Customers Hungry

I had McDonald’s today.  I love McDonald’s.  I always have, and likely always will.  But every time I leave McDonald’s I feel hungrier than when I arrived.  I’ve heard it’s actually done on purpose.  That it’s a combination of the salt and fat in their foods that actually stimulates your hunger, so that you will buy more food.  I don’t know if that’s true or just an urban legend.  (I smell — or is it taste? — a Mythbusters episode.)

But it got me thinking — how do you keep customers hungry?  This is an important question that all businesses must answer.  It’s also personal because I run a successful freelance consulting business as well as a successful start-up photography business (with my wife).  And in both cases I’m forced to keep thinking about customers.  While there are lots of ways to run a business, I think (good) businesses do three things to keep customers hungry…

Read the rest of the article here.

 
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Posted by on July 26, 2012 in Uncategorized

 

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Serving Up Smiles

Sno-Kones® were just one way volunteers helped the community cool down and warm hearts during Independence Day. Over the last 23 years Feed the Multitudes has been assisting Metairie residents with meals, shoes, haircuts, manicures, and groceries.

More than just feeding their neighbors, it was a chance to create a sense of community and fuel hope that lasts much longer. In just a few hours, volunteers inspired and touched the lives of more than 5,000 residents.

Victory Fellowship’s congregation and pastors hosted its first Feed the Multitudes event in 1990 and helped 2,500 people.

Click to read the full story.

 
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Posted by on July 19, 2012 in Uncategorized

 

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Built to Last Generations

Close up of
1967 Whiz Bang Gold Medal
Popcorn Machine

Six years ago, Mark Schmidt received a most unexpected call. The popcorn machine that fueled his first car purchase at age 15 was not only still popping, but up for sale 39 years later. His father found the 1967 Whiz Bang Gold Medal popcorn machine in an engine shed at a farm sale, and it was still on its original cabinet that Mark’s dad built to sell the popcorn.

“I told him I didn’t care how much it cost; just buy it! That thing was amazing,” Mark said. He noted he would pop 100 lbs. a weekend at events around town for $.15 or $.25 for a large bag.

“As kids, we thought we hit the jackpot. That’s where I first learned about entrepreneurship. It’s a pretty cool understanding to know what you want to do with your life at such a young age,” Mark remembered.

After buying his car, Mark sold the machine to his brother, Tim and sister Janice who ran it for a few years before they sold it to another family who had a mobile concession stand.

Mark Schmidt with his
1967 Whiz Bang Gold Medal Popcorn Machine

Later after the Schmidt family found the machine again, they brought it to their cabin and eventually their business, AMEK Custom Builders.“For a while, popcorn would be our main food group at the cabin. When my daughter was six months old, she would try to rip the bowl out of our hands. We have a long history with good popcorn from that machine and we are meticulous about real popcorn,” Paul Schmidt, Mark’s son, said. “Now, we pop it about three times a week at the office. Our customers love the aroma, our stories, and reminiscing about it. They appreciate our efforts to restore it.”

The family still gleefully lists popcorn at the top of the food pyramid and takes requests from Mark’s five children and 18 grandchildren. Thankfully, though, they know the Whiz Bang will keep popping for generations to come.

 
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Posted by on April 25, 2012 in Uncategorized

 

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Gold Medal the “One-Stop Shop” for Concession Stand Operators

Gold Medal's Item #8080 - Table Top Steamer Cart

Gold Medal's Item #8080 - Table Top Steamer Cart

For more than 80 years, concession trailer business operators have had a trusted and reliable friend in Gold Medal Products. Both veteran food trailer entrepreneurs and those considering starting a new business in the concessions industry have found this award-winning company to be a tremendously valuable resource.

Gold Medal Products is internationally recognized as one of the “heavy hitters” in the concessions field. They are a leading supplier of concession supplies and food service equipment and have just about every imaginable aspect covered in regard to concessions-related accessories.

No Better Partner in the Food Cart Business

Gold Medal Products takes a sincere interest in its customers. The company is all about building relationships and is unique in its ability and desire to provide all the tools necessary for concessionaires to become successful and be able to sustain their success.

Gold Medal makes education a priority. From tutorial videos on everything from how to make caramel corn and how to make cotton candy to step-by-step instructions on setting up and operating a wide range of concession stand equipment, Gold Medal has a variety of educational resources available that is second to none in the industry.

Gold Medal has everything the beginner needs. In addition to supplies and equipment, Gold Medal Products can provide start-up concessionaires with “inside information” that will enable them to hit the ground running in the food stand business. The folks at Gold Medal are eager to convey tips and advice surrounding all aspects of the snack business, including specifics on how to run a profitable concession stand.

Whether providing top-notch, steadfast support to long-time concession stand owners or helping those new to the business build a solid foundation, the name “Gold Medal” is synonymous with success in the food trailer trade.

 
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Posted by on March 15, 2012 in Uncategorized

 

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Keeping Concession Equipment Clean Good for the “Bottom Line”

Owning a concession trailer or a food cart can be a fun and rewarding way to make a living or earn extra income.

Of course, food stand ownership carries its share of challenges. Licenses, permits, health department inspections and the occasional battle for a good, profitable location all come with the territory. But the process of navigating through obstacles and administrative requirements usually becomes smoother as owners of food carts develop their systems and gain more experience.

Equipment Care Key to Successful Concession Trailer Business

Equipment such as the popcorn machine, nacho dispenser and the sno-kone® maker are the “tools of the trade” within a concession stand. Food cart owners depend on these and other food service devices to be fully operational each time they open for business. Equipment problems can be devastating during a busy day of delivering snacks, and will more often than not send potential customers into the hands of competition. Simply put, food stand owners cannot afford equipment breakdowns!

Therefore, it is extremely important for food stand owners to thoroughly clean their concession stand equipment every time it is used. This is especially true when it comes to machines that tend to get quite messy or sticky, such as a popcorn popper or a cotton candy maker. It’s worth the time and effort to completely empty and wipe down these devices at the end of the day.

It’s very easy for salt, debris or sugary remnants to accumulate inside of intakes or on the moving parts within these machines. The result can cause clogging, loss of performance and breakdowns.

Cleaning tips are usually available within each machine’s instruction manual or through a variety of other sources, such as companies that provide concession equipment. Gold Medal Products, headquartered inCincinnati,Ohio, is a great resource for information on concession equipment maintenance and snack machine replacement parts. Gold Medal is a leader in the industry and a good friend to concession stand owners the world over.

 

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