Present and Expected Future Growth of Catering Services Business

Catering services business is a rewarding option with huge potential of growth. Considering the importance of social celebrations and events, corporate cultures and social lifestyle, you can consider the catering industry to expend its status and profitable nature further.

Catering service providers are finding recognition at small as well as big levels. The catering industry is not only favorable for home based businesses; it is helping the social caterers to make big profits. Though, it is obvious that only those service providers in the industry succeed who are able to withstand this demanding business option.

As far as the current trends of catering services industry are concerned, it has attained status among top industries with an ever-increasing demand of various services offered by it. Social caterers in the United States, for example, make sales of over 6.5 billion dollars every year. This figure should significantly increase if the sales generated by home-based and unknown caterers are added to it.

The restaurant industry came up with good figures even when other industries were struggling during the period of recession. The consumers in the United States spend about 50 percent of their total food budget in the restaurants. This clearly indicates how the establishments like restaurants, cafes and other types of eateries are growing their profits year after year.

The catering services industry in the developing countries too is enjoying the favorable period of growth. The countries like India has its people adopting to the new lifestyles which include better food preparations for different types of social and cultural functions and increased habit of people to eat in restaurants regularly.

The main promising factors that ensure that the catering industry is going to maintain its consistent growth for the years to come include:

  • Household with higher income are helping the catering industry to flourish. In the developing countries as well, the household income is increasing at a fast pace. So, more and more people are attracted towards the catering industry and the services offered by it.
  • Corporate culture that holds a number of meetings, conferences, business lunch and dinner parties are becoming greatly dependent upon the catering industry services. The trend might not be that new for the developed countries, but the countries that have recently discovered the corporate culture are helping in the industry to attain popularity.
  • Birthday parties, wedding receptions and other types of family events are more and more relying upon the catering service providers. This is mainly because of the increase in number of working mothers that give them less time to do preparations in the kitchen.
  • Finally, people are getting more attracted towards the fashion of eating out with families and friends. This type of lifestyle is again new for the developing countries.

As you can have an idea from the discussion above, the catering services industry is one of the best options for those planning to have their own business. Start with a good business plan and keep an eye on the existing competition to have a successful catering business.

Lightyear Wireless – An Uncut, 3rd Party Review From An Industry Expert!

The Lightyear Wireless scam happens to be getting lots of attention and, sadly, all of the review articles appear to have a hidden agenda. I personally feel that it’s important for you to know the real truth pertaining to this company, so in this short article I’m truly going to reveal the extremely good and the not so good about this company enabling you to know fully what you happen to be getting yourself in to, because the very last thing you want to do is enroll with the wrong company.

The Lightyear Wireless Scam- Is It Really Valid?

The great news is Lightyear Wireless is not a scam. The not so good news is it may be worse if you do not grasp these principles that I’m about to address in this brief article. Lightyear Wireless is a telecom business that also render professional services in the business service industry and also the entertainment sector. Lightyear Network Solutions, a full service communications provider started in 1993 by Sherman Henderson, is their parent company. Lightyear Wireless was brought about in 2008 and is the multilevel marketing division of the organization. They have a alliance with Sprint so the representatives are able to market state-of-the-art cellular devices at wholesale prices.

Lightyear Wireless Scam- What About The Products?

If in fact, this company was a scam or unlawful pyramid scheme, they wouldn’t have physical products. However, they currently market a variety of products and services with a primary focus on their wireless service. Their collaboration with Sprint Wireless provides them ease of access to Sprint’s 4G network and infrastructure.

A lot more services consists of satellite TV, home security, Voice over Internet Protocol (VOIP), local and long distance phone service in addition to an online travel website. Receiving payment anytime a consumer pays their regular monthly bill is what draws so many men and women to this home business opportunity.

Lightyear Wireless Scam or Genuine Wealth Producing Network Marketing Business?

After diligently going over the compensation plan and marketing system, I would have to declare that, contrary to the Lightyear Wireless scam articles that are being distributed, every thing about this company seems to be legitimate.

Now the real question is “How Do You Make Money, and a Whole Lot of it?”

In accordance with the companies’ comp plan the only thing associates have to do to earn more money is accumulate a relatively few number of customers and then sponsor a few individuals who want to bring in extra revenue and help them gather a handful of customers also. That seems to be relatively painless, am I right?

You’ll find 1000’s, even millions and millions of human beings all around looking for ways to lower their bills, primarily their monthly cell phone bill. There are much more than 255 million cellular phone users, so trying to find a handful of them willing and eager to look into a new company and save some money at the same time should not be that challenging, if you understand the best ways to market efficiently.

The issue for most network marketers is attracting qualified people into their organization. Certainly, people today want to generate income, but the majority of folks usually do not have an entrepreneurial mindset, and would rather work for someone else. They may even believe that Lightyear Wireless is a scam.

Lightyear Wireless Scam, In Summary

Merely, branding the company and it’s replicated web page is going add you to the 97% of Network Marketers that never earn any real cash. You can generate a large amount of cash flow as a representative of this company, but you are going to have to know how to properly market and brand yourself as a leader.

The vintage procedures of building up a multilevel marketing empire still will work, but when you combine those procedures with 21st Century marketing strategies by using the power of the web, you’re on the way to building a huge empire in such a short time, that the nay sayers will have no option but suspect that Lightyear Wireless is a scam.

Dishonest Debt Settlement Companies Hurting Financial Services Industry

With burst of the housing bubble and subsequent worldwide recession, Americans are facing more credit card debt than ever before. Despite many consumers’ best efforts, eliminating thousands of dollars in unsecured credit card debt is extremely difficult to accomplish alone, more often than not requiring extreme financial discipline and an impressive savings account. This situation has opened the door for bogus debt settlement companies who prey on these misguided consumers.

Debt Settlement companies burst onto the scene in 2003, offering an alternative to traditional debt consolidation firms. These companies offered the ability to bargain with banks and collection agencies to forgive large amounts of what was owed, enabling the consumer to make a down payment, and then pay monthly until the debt was paid off. This was different than the traditional programs which often wrought lower interest rates and fee’s, but did nothing to reduce the total amount due.

This atmosphere presents a fertile breeding ground for predatory companies.

Consider the case of a 65-year old woman in Maryland who asked not to be identified. She signed up with a company who promised to help relieve her of the $10,000 in credit card debt she had accumulated. She gave the firm full access to her savings account (A red flag in all cases) and deposited $400 per month into an account toward her settlement.

However, when debt collectors continued to harass her, she realized the firm had never contacted her creditors in the first place.

Five years of battling with the company, while continually depositing money into her savings account, caused her to wonder if she would ever get her debt under control. She realized she had been swindled when the Attorney General’s office called to inform her of the imprisonment of the firm’s leaders. Unfortunately, she never got her money back and has recently filed for bankruptcy.

Luckily, this situation is still the exception to the rule, as many of these debt settlement companies offer legitimate financial services and the opportunity to become debt-free. Still, due to a lack of governmental regulation, the predatory firms still lurk, waiting for the perfectly desperate person to come along.

Protect yourself. Do your research on the firm with whom you are planning to do business. Ask friends and family, visit their website, and most importantly, check with the Better Business Bureau. Debt settlement companies can be a wonderful tool in the fight against credit card debt, just make sure you choose the right one.

What If Microsoft Expanded BizTalk Server Into A Online Collaboration Service? (Part 2)

I will now discuss how the new online collaboration service will be offered to Microsoft’s customer base and what challenges they would face in the market place.

The most important aspects of the Microsoft BizTalk Collaboration service fall into the following categories: obtaining customers and delivering on the service offering as advertised. Microsoft has a history of delivering off the shelf software such as Microsoft Office as well as high-end business solutions. Until recently most of all their SMB markets offerings has been done through service partners that create custom solutions unique to each customer. It is critical that Microsoft be able to reach these customers while maintaining their reseller network in place.

One suggestion is that Microsoft utilizes the established resellers and service partners to market to their potential SMB customer. The resellers would use reference sites to feed leads to the Microsoft BizTalk Collaboration service site. At the site the customers would be able to register for an account that would include billing information. Part of the registration process should include determining if they are using one of the many supported business connectivity adapters, otherwise they would need to set up a consultation to determine whether a custom adapter would need to be created or if a portal solution would be their best option.

The customer would be able to add potential business partners to their desired connection list. If the partner already resides on the BizTalk Collaboration network then connectivity would only need to be enabled, otherwise a business connectivity consultant would contact the desired company to determine whether they would be able to participate in the BizTalk Collaboration network. Once traffic between the two companies had been enabled then both companies would have visibility into the data that were exchanging.

There would be a console, an online portal, which gives each company access to information regarding specific statistics such a daily, weekly and monthly trading statistic by transaction set and trading partner. They would also be able to resubmit a purchase order or invoice if required as a self-service option directly from the site. The internals of the service would a based on a service-oriented architecture, this would allow for flexible implementation of services that would be reusable through customer specific implementations. All internal interactions would utilize XML schemas that allows for the transport of customer as well as meta-data to be used for routing, logging and tracking purposes.

The strengths of the proposed Microsoft BizTalk Collaboration service offering start with the reputation that Microsoft has built over the past 30 years as a company that delivers value to business of all sizes. Microsoft has brought many innovations to the marketplace that has consistently delivered lower cost and higher performance form companies of all sizes. The main weakness is Microsoft ‘s size. Dealing with a company the size of Microsoft can be very intimidating. Then we add the fact that most small business lack technical experience specially when dealing with leading edge technologies. The opportunities are endless when dealing with SMBs, this segment of the business integration market has been sadly neglected. A technologically savvy company with a strong reputation for delivering quality products and services would easily be able to attract customers in the SMB segment.

The threats within this market include the established value added networks. The value added networks have established links with many of the larger companies, although their business model is based on charging a per character fee based on monthly volume. Many of the larger businesses are looking to reduce costs and will not look favorably on solutions that would add further cost to their bottom line. Additional threats include small regional providers that may service specific vertical industries and markets. These regional players tend to provide connectivity only to major companies and have missed the opportunity to help the SMB to reduce their cost structure by implementing collaboration among companies with the SMB sector.

The overall market size for SMB B2B integration is estimated to grow to a multi-billion dollar annual industry. Current industry estimates include “Plastics industry – over 5,000 plastics suppliers and 18,000 plastic processors who trade in 30,000 grades of materials; Food Services industry – over 2,000 producers; 20,000 distributors, and 750,000 restaurants/operators; Chemicals industry – over 500 global producers of thousands of complex products; complicated distribution through over 50,000 intermediaries; Healthcare industry – over 7,500 distributors selling complex, regulated products to 275,000 hospitals; fragmented, inefficient industry and Printing industry – hundreds of national printers and over 50,000 regional printers in the US alone.” These figures are staggering considering that up to 95% of these companies have not invested in any type of B2B integration solution. Many may be forced to connect electronically to at least one major account within the next 18 to 24 months.

The competition in this space ranges from established value added networks looking to expand their revenue base to small regional operations that typically target very narrow market segment. The traditional value added networks which include Sterling Commerce, GXS and Inovis are not well prepared to reach the SMB market segment, their sales force has been predominately focused on the larger companies. These valued added networks have traditionally used the account manager model to service their customers, which would be too costly to work in the SMB market. The regional players utilize the Internet when trying to reach customers outside of their regional geographical area. Many of the SMB companies will need to have a trusted partner to assist them with this type of integration. Additional competitive pressures will come from the high-end B2B software vendors such as BEA Systems, SeeBeyond and IBM who are looking to expand their customer base by selling stripped down version of the enterprise products. Many of these products require complex configuration, which typically come at very expensive consulting rates. This model will be a very tough sell for SMB companies that have very shallow pockets and need to stretch their IT budgets.