Different Advantages of Having CSR for Business

In the world of today, CSR or Corporate Social Responsibility campaigns for your company are a must-have. It has taken many forms over the past few years and businesses of almost all sizes have a progressive CSR program that can give back to the people and the planet we live in. Initiating a CSR program can be a very tricky thing to do. It might require you to assign responsibilities, win executive buy-ins and find the right CSR software.

You can have a look at the different CSR campaigns and initiatives by different brands and companies and learn from their work. You can do so either by having a look at the YouTube channels of known brands or by looking at the news channels offered by WOW Cable TV. Here are a few advantages of having CSR initiatives for your business:

CSR Can Get You More Employee Engagement

CSR and a strong sense of employee purpose can contribute to increased employee engagement which is more than just a KPI to measure the effectiveness of your CSR. It is a positive metric that can pass on to your business performance. The more you engage your employees, the more productive they will be and will show lower absenteeism.

The passion for giving back to the community enriches engaged employees with more skills and uses volunteering opportunities to encourage them more. On a corporate level, philanthropy can engage almost everybody in the organization starting from executives to the business leadership.

You can Improve Your Bottom-Line Finances

When you try to win buy-in from your leadership for the CSR program, it often funnels down to the financials. Your stakeholders often get curious and want to know more about the project and get concerned about ways it can improve the ROI. Different sustainable and digital CSR initiatives are known to have positive effects on the business and its revenues.

Organizations Get Better Ways to Support Local and Global Communities

Businesses can get so many benefits by highlighting the company’s CSR initiatives. This is because these activities benefit people and platforms used to make a difference in local communities or in the world. In this way, organizations often become a place for talented and like-minded individuals who work together towards a common goal. If you can frame a CSR program that aligns with your company’s values, then your business is capable of creating a substantial and positive impact on society.

You Get the Ample Attention on Social Media

If you have created a positive impact on society, you can get the attention of different social media platforms and on TV as well. Your CSR initiative can help you get seen and heard in the market and people will follow your lead to support your cause. Also, if you have successfully initiated a CSR program that gets you noticed, you will get a tremendous boost in brand awareness and overall branding.

However, you are supposed to be very careful about the ways and the reason behind your CSR efforts. A CSR activity or initiative that is not authentic is termed “greenwashing”. People can question the purpose of your initiative no matter how good your intention is. It is a good idea that you lead your CSR initiative with authenticity.

CSR Can Increase Customer Loyalty and Retention

An excellent CSR initiative can give your company a chance to show consistency and win the loyalty of the people. This can ultimately result in more sales and increased customer retention. Businesses can show different ways that they can be trusted by the people by taking ownership of the different impacts caused by their brands.

People today prefer buying from brands that they can associate with their values. Many people do not hesitate to pay an extra sum of money to buy from a brand that has a strong CSR strategy.

Your Company can have an Improved Employer Branding

In the world of today, CSR initiatives and programs can create better branding for your company. It is obvious, that it is a real struggle for many brands to attract and retain their human resources. Many people consider CSR as one of the most significant factors when they are looking for jobs. Also, many candidates look for a company’s online reputation and social media profiles as well when they are applying for a job role.

It is a good idea not to forget to present your CSR activities on social media platforms and on your website as well.


In the end, one can say that there are so many benefits of having carefully designed CSR initiatives for your brand/organization. It not only has an impact on your social standing but on your financial standing as well. It also becomes a very attractive thing to share with other businesses in the industry and the world. That’s why you should become as creative as possible when devising your CSR initiatives and strategies.

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Fido Merchant Services Going Carbon Neutral

The leading payments provider Fido Merchant Services, which is based in York UK, is going carbon neutral. The article below will give you more details concerning the topic.

Fido Merchant Services for Being Carbon Neutral

This online payment company offers cutting-edge services, including solutions that can help its clients fight fraud, such as 3DS and transaction monitoring. Moreover, fighting climate issues has always been a priority for Fido. Now, the company is focused on reaching its goals concerning sustainable development by the end of the next year. This means Fido will become 100% carbon neutral.

Fido will cancel any potential environmental impact. How will the company do this? Well, it’s going to plant trees to eliminate every gram of CO2 that it produces. What’s more, the company will apply eco-friendly measures in its offices worldwide.

What about your business in the UK? Are you taking some innovative steps? Maybe you need access to business funding or merchant-processing services, don’t you? This can be more than possible if you work with a respectable merchant-services comparison expert focused on terms, complaints, and integration.

With a comparison specialist providing the most reliable review of merchant-services providers at the time of writing, you can be sure to get the best help with Fido Merchant Services and other payment providers. This is how you can get fast and hassle-free access to the most competitive pricing in the industry.

Fido Expanding to the US

The UK-based payment-gateway and online merchant-account provider Fido is expanding to the US. This means its clients can expect more from the company.

Today, the industry is changing fast and too often, thus making competitive rates, development of new products, innovative technology integration more and more important. Fido is likely to offer cost-effective solutions for its clients. Also, the company will become a leader in the online payments field.

Fido uses transaction monitoring, 3DS, and enhanced functionality. It offers payment processing for more than 190 currencies. So, Fido has taken the best offered by the industry and enabled everyone to access it at a competitive price.

To sum up, payment specialist Fido Merchant Services has decided to become totally carbon neutral. The company aims to become one of the 1st payment gateways featuring a net zero-carbon footprint.

Author Bio: Payment industry guru Taylor Cole is a passionate payments expert who understands the complex world of merchant services. He also writes non-fiction, on subjects ranging from personal finance to stocks to cryptopay. He enjoys eating pie with ice-cream on his backyard porch, as should all right-thinking people.

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Gimmicks, Fads, And Trends Don’t Make A Great Restaurant

When I talk about running a franchise business, most people automatically assume I’m talking restaurant franchises. This unique Japanese restaurant concept offers fresh, mainly raw ingredients and allows customers to prepare their dishes exactly the way they want. The company offers assistance with site selection, marketing, training and more. And franchisees can enjoy the backing of an international brand that has been operating in the U.S. for more than 14 years, and even longer in Japan.

Franchising is not an opportunity for passive financial investment, working from the sidelines, or adding to a portfolio of business ventures. This business opportunity is a hands-on, life investment to own and operate a quick-service restaurant. It often requires long hours and leading a team of mostly young, hourly-paid employees. It’s hard work – but it’s exceedingly rewarding.

Other than being the mastermind behind such beloved ice cream flavors as Cherry Garcia and Phish Food, Ben & Jerry’s is one of the most philanthropic franchises in the country. Their Ben & Jerry’s Foundation, for instance, is an employee-led organization that aims to engage in local community work and support grassroots social justice organizations and movements. Buying a Ben & Jerry’s franchise is a unique opportunity for similarly aligned business owners to flex both their entrepreneurial skills and their passion for social justice.

Early on in his franchising career, Sieve says he made a lot of costly mistakes, though none were catastrophic. One major benefit to being a franchisee is the built-in support network of other operators. Throughout the process, Sieve met other franchisees within the system who operated multiple units, and sought advice from them on how to build his own business.

There are many customers who do not visit restaurants that frequently, who when left alone, can easily switch their loyalty. But by having your app on their phone, you can easily connect with them by sending them notifications and offers to ensure that whenever they do decide to eat out, you are their first choice.

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Does An Optimal Franchise Proportion Exist?

In today’s busy life everyone wants some relaxed moments so dining with your family and loved once is a great medium to enjoy. There’s a big difference between a chain or franchise and an independent restaurant. An independent restaurant definition would be your own business. You filed your own incorporation documents, created a name and logo, and you’re free from the grips of a franchisor.

Sankalp practices a uniform system of operation, so that consumers receive excellent quality of product with utmost efficiency. The establishment of Sankalp was based on the inherent desire to give customers authentic South Indian cuisine. Increasing addition of innovative menus to its repertoire and regular food festivals has made the Sankalp experience an unforgettable one. A brand name that has established itself for more than three decades, Sankalp has become synonymous with professionalism, expertise, teamwork, consumer orientation and finesse. Our reputation precedes us and we at Sankalp, work very hard to stay true to our name. We are stringent on quality control and adhere to critical parameters. This has made Sankalp a Brand that you can rely on. Today, the growing Sankalp family is an ever growing bond-of-trust.

The two healthy eating basics that you can follow to a T” are don’t drink your calories and watch your portions. Choose either a diet soda or, better yet, ask for water. Do not supersize and select the smallest size available. There that wasn’t hard and you can apply these two basics to any fast food, or for that matter any fine dining, restaurant.

Monday’s letter adds to a chorus of voices from the sector warning of a dire future. Two weeks ago, in a survey of 947 food-service operators, Restaurants Canada found more than half were losing money under COVID-19-related restrictions. Statscan said in June that output in the sector fell by 40.8 per cent in April alone.

A lot of franchisees are successful business owners, so they may know how to manage a business and delegate tasks in a way that makes the most sense. But you can leverage the training and education the franchise provides to find your own success as a restaurant owner.

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Reasons To Purchase A Mobile Food Concession Business

Hotel franchising is a very popular concept. One of the most significant reasons individuals become restaurant franchise owners is because they get to benefit from instant brand recognition and gain the trust of consumers that generally takes many years to build. This familiarity and reputation allows an owner to instantly take over a franchise, without needing to start from scratch to gain a customer base. New franchise owners benefit greatly from this scenario of an immediate customer following, and are able to reap the rewards since the franchisor has already taken the risks, learned the ropes, and survived so new owners don’t have to.

Yum! Brands – KFC, Pizza Hut, and Taco Bell – is the largest restaurant company in the world with over 33,000 system units. Yum! offers four category leading brands and over 50 years of franchise support. Along with its franchisees, Yum! spends over $600 million in annual advertising to build its brands. Development opportunities are available for both single brand and multibrand units which feature two brands in one location. Not all brands are available in all trade areas.

It’s not mandatory, in that there are no legal requirements, that a restaurant be profitable before franchising. However, one of the major selling points to a franchisee is that the business generates an income. Franchisees want to see a restaurant that is making money over a time period of several years.

You also need to mention what kind of support you would be providing to the restaurant franchise before and after the establishment. This will enable you to induce some level of consistency in the brand. As mentioned earlier, consistency may be lost when you franchise your restaurant, which will tarnish the parent brand’s reputation. To avoid such a situation, create a culture of adhering to the brand values from the start.

The UFDD is the requirement by the Federal Trade Commission to offer and sell a franchise. There are 23 points of disclosure in this document. It is very similar to a prospectus for a stock or a bond. In addition to federal compliance there many states which have some form for additional requirements as well. This is the time when engaging with an experience franchise attorney is important.

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Culinary Arts School

Big Apple Bagels is a bakery café franchise chain based in Deerfield, Illinois, United States. It can help to research and observe successful supermarkets in your area to see how they are creating profits for themselves. Look to see what kind of variety they offer, if they rotate their products or maintain the same items throughout the year. You may want to do everything completely differently as well, but it never hurts to see what?s working for someone else. You could also talk to other customers to see what else they?d like to see at popular stores in order to bring in their business to your own establishment.

Chick-fil-A Franchisees run their own incredibly complex businesses, ultimately in charge of all aspects of the restaurant. Their success and return on investment are proportionate to their hard work, business acumen and leadership effectiveness. It is not however, guaranteed.

KANSAS CITY — The outlook for the restaurant industry is dire. An inability to operate in the current market environment due to the coronavirus (COVID-19) outbreak is challenging for even the most stable foodservice operators. In the long term, the situation will be exacerbated by additional COVID-19 outbreaks that are expected to occur this fall or next spring and an economic downturn of unknown depth.

Let’s say you made you best guess and when you get back to the office or home and check the nutritional and caloric values on the fast food restaurants website you discover that what you just had for lunch was loaded with calories, saturated fat and cholesterol. Ouch! All is not lost, just adjust what you eat for the remainder of the day so you don’t go over your daily caloric limit and burn the experience into your memory so you don’t make the same mistake the next time.

The global kiosk market (yes, it exists), is to reach $30.8 billion by 2024, according to a market study. Digital kiosks offer contact-less experiences and remove the possibility of misplaced orders arising due to human fallibility. Digital menus integrated with CRM and POS software can offer personalized experiences, provide menu suggestions and promote on-going offers to maximize sales.

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TRUCK Related Articles

As a franchise restaurant owner, you have countless responsibilities. On the downside of franchising, there are concerns for the parent company regarding the control and profit making of a single franchise unit. Epistemological origin of the word “franchise” includes the French root words of “honesty”, but it is difficult for the franchisor to take this for granted. Individual franchising units may lead to problems of pricing and profitability concerns, as the rights allotted to the franchisee cannot always be regulated by the franchisor. Adding to the equation of the franchisor and the franchisee are other issues of control, use of raw materials, shipping of materials and other regional problems that crop up with the individual franchise unit. Legal terms are binding to the franchisee, and the violation of this result in the poor working of the franchise system, which leads to the loss in money.

For a total investment of $10,000 selected franchisees (who we call Franchise Partners) are granted the rights necessary to operate a franchised Steak ‘n Shake restaurant. This opportunity requires that the individual be free of any other active business ventures and operate the restaurant on a full-time hands-on basis.

In the United Kingdom there are no franchise-specific laws; franchises are subject to the same laws that govern other businesses. 52 There is some self-regulation through the British Franchise Association (BFA), Quality Franchise Association (QFA) and the Approved Franchise Association (AFA).

But for now, she says, she needs to focus on BeautiLofts, the business she partnered on with her cousin four years ago. The company rents studio space to beauty industry professionals, and Homfeld says it’s a business that can benefit from everything she’s learned in hospitality.

Startup costs: $1.2 million to $2.9 million. This includes the franchise fee and other startup expenses such as real estate and construction. The costs are slightly lower — between $175,000 and $1.8 million — for franchisees to acquire an existing Taco Bell restaurant.

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How You Can Support India’s Restaurant Industry

For people considering buying a restaurant franchise there are a wide range of opportunities. Skyline’s secret-recipe chili is cooked daily at our commissary to maintain a high level of quality. The commissary, which is centrally located just outside Cincinnati, produces the chili and packages it so that it only needs to be reheated at each restaurant unit. This heat and serve” method helps our restaurants achieve consistent quality and keeps food preparation simple. We constantly strive to find ways to keep our restaurant operation streamlined.

Of those who said their employer plans to allow more people to work from home, 53 per cent said they intend to do it permanently. Additionally, a whopping 70 per cent of those who said they plan to telecommute permanently also anticipate they will spend less time and money at restaurants.

One study found that in 2017, the total spent in UK restaurants could well top the £54 billion mark. This will come from 11.5 billion visits to out-of-home eating venues. Do you dream of being your own boss in a restaurant business? You follow in the footsteps of many famous names and entrepreneurs who now own multiple venues across the UK.

Celebrity chefs were early in sounding the alarm about the crisis and quickly jumped into action. David Chang, chef and owner of the Momofuku empire , warned reporters back in March that the pandemic could destroy the restaurant industry for good. Chef and Top Chef judge Tom Colicchio marshalled together the Independent Restaurant Coalition, a lobbying operation as professional as any on Capitol Hill, to advocate on behalf of chef owner-operators. After Congress passed its first emergency relief package in late March—and the small business loans immediately ran dry—IRC members demanded a $100 billion restaurant stabilization fund uniquely tailored to their industry. Without serious government intervention, Colicchio imagines that half of restaurants will close for good.

Although no official data yet exists on the number of green restaurant franchises, the green market is definitely growing, according to the International Franchise Association, the industry’s largest trade group. The association has seen an increase in inquiries about green restaurant franchises, as well as a bigger presence at trade events. The green phenomenon has been seen across the board, which is to say that existing franchises are becoming greener and also that new franchises are starting up who are basing their whole concept on being environmentally conscious. Although the green concept has been with us for at least 25 years, it is only in recent years that this trend has become mainstream.

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The Diversity Of Restaurant Franchising

Many borrowers are surprised to learn that they may actually have more options on restaurant loan options for free standing, non franchise properties than franchise restaurants. Of course, the award rush not only gives incentives for new, creative restaurant startups but also an increased need for restaurant supplies in the Chicago area. As with any industry rise, most connected industries also experience increases in business.

A smart restaurant buyer picks up the pieces of the franchise and becomes owner number too. This owner may still be losing money but he only paid around $100,000 so his cost to acquire is much lower. By year two his sales are beginning to keep pace with his fixed costs. By working hard at the business and operating it himself, he can probably go from losing to making money. By the way, both owners have paid the franchise fees the entire time even while they lost money. Another year into the business, this smart buyer realizes he may not have such a great deal after all. He may be operating in the black but when he adds up the time in the business against his return, he is making less than the federal minimum wage. He calls a restaurant broker to sell the business. By this point, sales have developed to the point that all fixed costs are covered. With add backs, he is only earning $35,000 or so a year.

Vapiano will charge a monthly flexible franchise fee depending on variables linked to location and turnover. The franchisee is also required to cover a one-time development fee for each restaurant. This fee covers Vapiano’s active participation in setting up the new location, including location selection, coordination of construction and renovations, staff training, etc.

These boom years also saw an attendant spike in income inequality, a hardship that restaurant workers unduly bore: Dishwashing, food preparation, and hosting jobs consistently rank among the worst paid positions in America. That disparity was even more acute for restaurant workers of color: A 2019 analysis from Restaurant Opportunities Centers (ROC) found that fewer than 18 percent of California’s restaurant employees of color—who make up 70 percent of the industry—made $31 or more per hour, while 35 percent of white employees did.

Creating an account on your app is the initial step your customers take on your app. Therefore, it should be a short and easy process for them. Just ask relevant information to save time and get better responses. Also, provide an integrated sign up feature through Google and other social media platforms.

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PALM OIL Related Articles

Free restaurant employee handbooks from trustworthy online sources provide the freedom and convenience that small restaurant owners need to save money and time in running their business. Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Generally, we require a minimum of $500,000 of non-borrowed personal resources to consider you for a franchise. There are limited opportunities to enter the program with less cash available (primarily in rural or urban areas), and, in some situations, the financial requirements may be substantially higher depending on the specifics of the transaction. Individuals with additional funds may be better prepared for additional or multi-restaurant opportunities.

Today the medium of internet has taken over the traditional phone call method to reserve table at restaurants. Since the internet has such immense power, the food industry is gradually using this technology to their advantage. The restaurant booking system has a well designed and customizable front-end interface and hence it can be used as a suitable option to reach out to its customers.

China has the most franchises in the world but the scale of their operations is relatively small. Each system in China has an average of 43 outlets, compared to more than 540 in the United States. Together, there are 2600 brands in some 200,000 retail markets. KFC was the most significant foreign entry in 1987 and is widespread 37 Many franchises are in fact joint-ventures, as at their forming the franchise law was not explicit. For example, McDonald’s is a joint venture. Pizza Hut , TGIF , Wal-mart , Starbucks followed a little later. But total franchising is only 3% of retail trade, which seeks foreign franchise growth.

Finding a franchise business that meets your needs can be difficult – there are many options to review. It’s a big decision to make and one that requires a lot of thought, research, and consideration. We’re here to help guide you in your decision! The strong relationship we develop with our franchisees begins in the early stages when we provide them with clear and useful information about our brand and our franchise opportunity. This transparency is a major benefit to franchisees throughout the process of opening each new Huddle House restaurant.

Michael Lippert, president of GPS Hospitality LLC, which operates almost 500 Burger King, Popeyes and Pizza Hut locations, said hiring has been particularly tough because fewer teenagers are applying. This has pushed up wages and led the company to expand overtime, previously reserved for management, to hourly workers. In August, the company held a virtual job fair, with a target of hiring 3,000 workers.

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