Trade & Franchise
now browsing by category
There are many professional day traders out there who focus all their efforts on trading a particular instrument, whether it’s a currency pair or a stock market index. I personally have attempted to trade both in the past so I can speak from experience when I say that in general it is much easier to trade forex.
The main reason why is because when you trade one of the major currency pairs you can usually concentrate purely on technical analysis. In other words when you trade the intraday charts you can trade the forex pairs around pivot points and areas of support and resistance because the price movements can be quite predictable. However when you trade stock indices such as the FTSE 100 or the Dow Jones, for instance, the price movements are not always so predictable.
That’s obviously because these indices are made up of various different stocks and they don’t always rise and fall in tandem with each other. Yes you may get some days when all the constituents trade higher or lower, but most of the time certain sectors will be strong, whilst others may be flat or trading lower. Plus there are often occasions when individual stocks release some news concerning their company and as a result the share price moves independently of the wider market.
As a result of all this, you don’t always get as many predictable bounces off key support and resistance levels, for example, as you do when you trade the major forex pairs. Therefore they are much harder to trade with any confidence because you can never be sure of how the price will react around these key levels.
Another point worth making is that when you trade forex you can pretty much guarantee that you will have a large trading range for many of the most popular currency pairs, such as the GBP/USD, EUR/USD and GBP/JPY pairs, for any given trading day. The same cannot be said for the various stock market indices, however, because there are some days when the FTSE 100, and even the Dow Jones, will trade within a very narrow trading range.
So the point I want to get across is that on the whole it’s a lot easier to day trade the forex markets than the stock market indices. They respond very well to technical analysis, whether it’s fibonacci levels, pivot points, or simply trend lines and basic levels of support and resistance, whereas the same cannot always be said about the indices because of how they are derived.
Preschools in India are a massive growth sector, full of opportunity, for you and for the wider community. Eurokids India is the number one franchise opportunity in preschools in India and was ranked number four in the annual India Franchise Ranking 2010, so if you want to start a franchise, you want to start a Eurokids franchise.
Obviously, with such a prestigious reputation, and with the crucial care and developmental role of our countrys next generation as our primary focus, our prerequisites for granting a preschool franchise are extremely high. We cannot let the quality slip, for our good name, but especially for the children. Only the best will do, as you can understand.
The most important prerequisite for getting a franchise for a Eurokids India preschool is you need to have a total commitment to help carry forward our ambition of making learning a fun experience for kids. You have to have a passion for early child education and a love of children. There is no point in getting into this industry if you do not have a pastoral love for children and desire to fulfil their education needs.
To start with, you will need to own or rent a space of at least 1500 square feet in a quiet, tranquil and peaceful location. It must be on the ground floor and have an open area adjacent that can be used as an outdoor play area. It must also have independent access, attached toilet facilities and needs to be well ventilated.
You must have between INR 5 10 Lakh minimum, which should be spent on ambience and equipment cost need to start. This will depend on the location of the preschool and the alterations needed to fit it out.
Once you have been accepted as a franchise holder you will undergo an extensive training program that will teach you how to successfully operate a preschool. You and your staff members will also receive ongoing training for the Eurokids curriculum and delivery method.
If you have all this then dont hesitate to give Eurokids India a call today. Together we can educate the next generation.
China outsourcing has a number of benefits, but it also has some disadvantages which must be clearly understood before making a decision due to stiff competition in international trade market. The most important advantage of China outsourcing is its low cost online business services as well as manufacturing, which are predicted to remain low for a good time in future also. The great assets of educated labour, which are available at low cost, particularly make up the choice of the interested online business companies in international trade. China’s manufacturing potentials continue its evolution towards machinery and electronic devices, which include high technology gadgets, automobiles and other products keeping in view the latest trends in international trade market that are going to make China outsourcing and online business such a big success.
Disadvantages of the China outsourcing include improper decision-making and logistics. Non standard communication channels and means of transport, lengthy supply chains, lack of online business experts and the invisible costs add to the problem of long logistic delays to evaluate the need of the international trade market.. However, authoritarian development makes the foreign industries to establish completely owned foreign ventures but this can put you across various challenges. We need to have considerable capital investment, list of China outsourcing and online business players and a comparatively longer payback period to attain a reputed position in international trade market .Various online business markets agree that only 48% of the purchasing managers who look at China sourcing already say their firms are constructing manufacturing plants there. Out of those 14 % aren’t off shoring any of their individual manufacturing to China. The remaining 38% are only entering combined ventures in China outsourcing and online business companies. There are many of those for sub-assembly of parts as there are for congregation of finished end products. China outsourcing components or goods whether it be furniture, electronic components, small appliances, toys, mobile phones etc. are sure to capture the international trade market through online business. The future is nevertheless dynamic for China outsourcing in international trade through online business.
International trade is cost effective. Labour costs are much higher in parts of South America, Mexico and the Caribbean islands but significantly lower China . So these are a favorable option for various online business companies too in terms of China outsourcing and growth in international trade market. A strategic view in favor of China outsourcing can provide an outcome as to how one can profit from blockages in online business supply chains. Many of North American and European businesses for the past many years have ridden the upsurge in China outsourcing. China’s supply of low cost labour is the main attracting factor for the online business players in international trade market. But, nothing is permanent and outsourcing from China has shown many disadvantages.
If you are interested with us, please visit the website tootoo.com ()
Trading breakouts is one of the most tried and tested methods of trading the forex markets because when the price breaks out of an established trading range, it often continues to move strongly in that direction. Therefore there are some excellent profits to be made.
There are lots of different ways you can trade breakouts. You can wait for a quiet period of the day for instance when the price is barely moving and is confined to a very narrow range, and wait for a breakout to take place, or you can use bollinger bands and wait for them to narrow because this often precedes a strong breakout. However in this article I want to talk about a particular strategy that involves opening ranges.
I’ve been experimenting with this strategy on the GBP/USD and EUR/USD pairs recently and it seems to work very well. What you basically do is to look at the opening hours between 00.00 and 06.00 GMT (or 08.00 if the price is still within this range up until this time) and draw two horizontal lines marking the high and low points for this period.
Then you simply wait for the price to break out and close above (or below) one of these lines and take a corresponding long or short position. This method works well when there is a narrow opening range and the reason it works is simple. Every pair has an average daily range (the GBP/USD is roughly 220 points and the EUR/USD is roughly 180 points according to 2008 figures) so if the opening range is a small fraction of this number, then you know that there are a lot of points to be made either above or below the current opening range.
It’s not a method that can be used every day on a certain currency pair because sometimes the price will move quite substantially in the opening few hours, but it’s well worth putting into practice when the opening range is very narrow.
There are various ways you can actually trade this system. You can either jump in as soon as the breakout bar or candle closes, or if you want to place the odds substantially in your favour, you can wait for an initial breakout followed by a pull-back into this trading range, then trade the subsequent breakout (if there is one) because this continuation pattern is a very profitable signal.
Either way you should find that these strategies (or variants of these strategies) are generally very effective because the price will very often move strongly out of this opening range at some point during the day.
The first Subway franchise was born in 1974 even though founder Fred DeLuca opened his first store 9 years earlier. Today there are currently over 29,000 Subway franchises spanning the globe in over 85 countries. Entrepreneur magazine has ranked Subway the number one franchise 13 out of the last 17 years, so its a rock-solid franchise.
Even with its amazing popularity and tremendous track record, the real question is deciding whether or not owning a Subway franchise is the right choice for you and your family. There’s a ton of things you should consider when making this big of a choice, so let’s identify what the positives and negatives are.
First of all, the total cost of entry and the total investment to get started ranges anywhere from $101,000 to $285,000. The reason for the big discrepancy depends on whether you’re buying an existing franchise or you’re having to build one or start one from the ground up. Other costs may include remodeling, leasing equipment, inventory, etc. Typically, the down payment that’s required must come from your personal liquid assets and can NOT be borrowed or come from a loan. That fact right there might eliminate some potential franchise owners.
Every Subway franchise pays a royalty fee to the company, specifically 8% of their overall gross sales. This is very important to understand because losing 8% right off the top before you pay for any rent, equipment, inventory, marketing, employees, etc can make a difference in whether or not you’re profitable. On the other hand, in exchange for the royalties the franchisee’s are rewarded with a strong brand recognition and national advertising campaigns.
As far as sales are concerned, 2800 sandwiches and salads are sold every 60 seconds. This provides a pretty constant flow of customers and expected sales. Potential franchise owners feel comfortable with this knowing that their stores most likely will not be empty. Besides, people have to eat somewhere, right?
On the flip side, you are at the mercy of your store location when owning a Subway franchise. No matter if you are open 24 hours, a location can only serve so many customers and can only make so much money. Obviously the product can not be sold online or in other areas, so actually getting traffic to the store is the only way to make sales. In this regard, the Subway franchise is NOT scalable. An entrepreneur would probably have to own multiple locations to really generate the kind of income they would be looking for in owning a franchise.
Furthermore, to buy a franchise, you must have good credit, have considerable net worth and you have to be approved by the company. Once again, this could potentially eliminate more prospective franchise buyers. In the end, owning a Subway franchise is a solid way to have a great chance of success but keep in mind that to really make it big, you’ll probably have to own about 10 or more.
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.
Business opportunities in the food sector are unlimited. If you know the tricks and are well informed, you can no doubt give shape to your business dreams in no time. Restaurants today run well depending on a number of factors; these are brand identity, quality of food items served, menu, variety, courteousness in handling customers, locality, to name a few. When you can be an owner of a reputed brand in your area by buying a restaurant franchise, why not grab the opportunity. And if the menu well suits the Indian taste such as snacks food, namkeens, traditional sweets, Bengali sweets, chaat like pani puri, South Indian food, the effort of buying the restaurant franchise is well rewarded.
When you buy a restaurant franchise, you will have to pay some royalty money as well as percentage of the profits every month or annually or as decided. You no doubt become the owner of the restaurant, but you will have to follow the same method of food preparation, besides having the same menu. You will notice an increasing crowd right from day one. A little advertisement will further add to the crowd pulling factor.
You will always find sweets in the menu in every festive occasion. It is also in marriage, birthday, anniversary, and other functions. where all traditional sweets including Bengali sweets rule the roost; this is because having as well as distributing sweets is considered as good omen. Pani puri and chaat items are also served in most occasions. Another item that is served with tea or coffee is variety of namkeens. The most savored namkeens include bhujia, chana masala, mini samosas, dalmoth, and more.
The rasgulla and the rasmalai are two of the most popular Bengali sweets. Both the Bengali sweets items are found in sweets shops in every corner of the country. Preparation of rasmalai involves cooking of rounded pies of fine milk curd in syrup such that a unique texture is created. The pies are then soaked in full cream milk and then served with a shower of chopped pistachio nuts.
Forex trade management software is becoming a vital tool for people looking to seriously trade the currency markets. While there are now a few different applications available that will help with managing your trades, these can vary greatly from a simple spreadsheet to a more detailed and comprehensive solution. So it’s worth investigating what options are available for forex trade management software to ensure that you get something which will really maximizing your trading experience and build your skills. In particular you should look for software that will log, manage, and track your trades while also facilitating risk management strategies and performance analysis. Better quality solutions will also have advanced features such as screenshot uploads, news announcement features, integration with other platforms, price feeds, and professional trading tools.
Forex trade management software is essentially a tool to manage your trades from conception until completion. Managing your trades effectively means clearly seeing the rationale behind a trade decision and then following it through until the position is closed in accordance with your specific trading plan. Trade management becomes particularly important as the number of your trades increases. At any one point in time you may have a large number of open positions to consider. These trades may be based on varying strategies and also have different timeframes or currency pairs.
While a trader usually has a clear idea about why he entered a trade, and the specific goal or target for it, this can easily be forgotten or ignored when you have multiple open positions that may extend over differing periods. It is easy to lose track of your trades and your overall goals. A person’s ability to master effective trade management is what separates them from being a novice to being a successful long-term trader.
Forex trade management software is a resource used by professional traders to enable them to invest with structure and confidence. It allows a trader to address the following:
Determine and utilize a set of rules, based on a specific trading plan, before entering into a trade. This can be used as a checklist to assist decision making and later position reviews.
Record the particular reasons behind a position and the anticipated result or timeframe. It can also keep notes on the type of trade, charts used, and profit goals.
Flexibility to analyze and then potentially adjust stops and relevant targets. This may also lead to
splitting a trade and taking partial profits or losses.
It is important to undertake regular review and analysis of your trading performance. This will facilitate better long-term decision making and increased confidence.
Kindergartens and preschools have become extremely popular. In bigger cities you will see big preschool franchises as well as smaller start ups. So if you are thinking of starting your own preschool, here are few things to keep in mind and why you should opt for a preschool franchise. To begin with lets look at some statistics. The preschool industry in India is estimated to gross about Rs 4,004 crore. The sector is likely to cross Rs13, 821 crore by 2012, a growth of more than 28% per year, according to estimates from brokerage firm CLSA Asia-Pacific Markets.
With over 40% of learning taking place from the 1 to 4 age group preschools have become imperative. Parents want quality preschools for their children and are willing to go that extra bit for their children. Rest assured if you opt for a preschool franchise and are a good task master you are bound reap profits in the near future.
Opting for a preschool franchise makes setting up a lot easier for you. You have to adhere to certain pre requisites and guidelines which enable you to be focused and do things in a streamlined fashion.
A preschool franchise comes with a reputation. It already built a name for itself, developed its own education system and done its fair share of branding activities and advertising. Parents will always trust an established over a smaller start up.
A preschool franchise caters to parents who have moved to new cities. Sending their children to same school as they did before is a comforting element for all parents. With the education system being the same it helps children adapt faster.
A preschool franchise works on a profit sharing model. Therefore some franchises will go that extra mile to make sure you do well, so they do well! This means extra guidance and support for you.
The different preschool chains in India are Roots to Wings, EuroKids, Kidzee, Shemroack schools, Bachpan just to name a few. The royalty and investment depends entirely on location. A preschool franchise can cost anywhere from 3 to 15 lakhs and the fees can be anywhere from 8,000 to 40,000 per annum. The need for preschools in India is only going to grow making it an extremely profitable venture.
There is a myth making the rounds in the Forex universe. This rumor thats whispered and spread from keyboard to keyboard over cyberspace states that in order to take part in Forex trading, you must have a broker. A rumor is all this is because theres no truth in the must part of the rumor . If want to find out how to trade on your own and to avoid the pressure of dealing with a broker, than this might be the most important article you read this year. .
Even if you dont have the first clue about how Forex trading is done, and youve never done it, you still dont have to have a broker if you dont want one . Can you gain from having a Forex broker in your corner? Yes and no. It depends on whether or not your Forex broker is smart about trading and whether or not hes going to be smart about trading for you . Some Forex brokers look at those who want to partake of trading currencies as another zero on their own paycheck and they will actually work against you in a practice known as sniping .
Sniping is a process a dishonest broker will use to cheat you out of your profits. Unfortunately, there is nothing you can do to protect yourself from a broker hell bent on snipping your profits. Not all Forex brokers are bad. There are brokers out there that are in the business to help those interested in trading Forex. . These are professionals in the trading world who value both their customers and their own reputations.
They would no more think of cheating you than they would themselves. Most Forex brokers are legitimate in the trading world but its the actions of a few bad apples that tend to spoil the bushel. You can learn about Forex trading and you can trade without going through a broker if youre afraid you might encounter one who isnt what he claims to be. But on the other hand, an honest broker brings to the table his expertise with the Forex.
While Forex trading with a broker has the advantage of using his expertise to aid you in making trades, sometimes this leads to a tendency on the part of the trader to ignore getting a Forex knowledge on his own. If youre not knowledgeable about Forex trading, then you wont know if the moves your broker are making are for your good or his.