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An Overview Of Indian Industry Of Catering Services

Industry

Catering Services have been an important sector of the countries like the United States. More than 8,000 catering companies in the USA record the annual revenue of more than $7 billion. The trend has been slowly growing in India, but it has recently adopted a fast-paced growth due to many reasons.

India is a country where numerous festivals and ceremonies are held in the form of important events. So, the scope of the catering industry in such a country is worth taking a note. The catering industry in the country is finally extending its reach beyond marriages and the Indian catering service providers are enjoying the good time. Here is an overview of the catering industry in India.

The catering services industry in India has been consistently growing at the annual growth rate of 15 to 20 percent. In 2009, the industry attained the worth of INR 15,000 crore. The good aspect about the Indian catering industry is that it didnt bear any major negative effects during the period of recession. So, what are the reasons for the consistent growth rate enjoyed by the Indian catering industry?

Interest in Catering Services

The members of the Indian families usually took care of different arrangements during a social gathering or an event. This trend is fast being replaced by the peoples interest in hiring catering services. This often results in better arrangements and opportunity for everyone in the family to enjoy the function.

Cross-region Specialties

Earlier, an event taking place in a family belonging to a particular region of India used to have cuisines preferred in that region. But, the scene has changed today, all thanks to the popularity of catering service providers. Now, a wedding taking place in Punjab has South Indian dishes in its menu. Cuisines from Gujarat, Bengal and other Indian states are included in the menu cards all over the country. This encourages people to hire the professional catering services.

Catering Institutes

It is indeed surprising to watch the growing number of hotel management and catering institutes in all parts of the country. Above all, the students are taking interest in joining the professional courses to make a career in the industry. So, the future of catering industry in India is going to be even better than the present situation.

Corporate Culture

Apart from the social gatherings and festive occasions, the formal events, seminars, conferences and other business related events consider professional catering services to add to the success of these events.

Family Style Restaurant

Restaurant based catering services too have improved in the country in the past few years. People, who are earning well in various fields and who have started living higher standards of life, prefer to choose dining venues with professional catering services.

The festival season of October and November in India is among the best times for the catering companies. Though, the industry doesnt rest for the remaining part of the year as well. Going further, the presentation and decoration used by the professional caterers further make them popular for various types of events. All of the aforesaid reasons justify the consistency in the Indian catering industry growth rate.

Suggestions about Golf Course Management to Maximize Your Game

Management

Throughout a game of golf we’re facing choices with virtually every golf shot we make. Some can be quite straightforward, like using a driver on longer, problem-free holes. Others get a little harder, like if you find problems ahead and you’ve got multiple shot possibilities. This is basically what course management will be, and the greater amount of good decisions you make the prospect of you completing a good game of golf improve.

As in any sport, what goes into good decision-making starts with getting prepared. Anytime you are making a decision with club selection, knowing the distance you are able to hit each club on average is going to go into good golf course management. You find this on a driving range, and unless you are a low handicap golfer you will not hit a golf club the same distance each ball. When you rely on your greatest shot distance, in all probability nine out of ten golf shots will come up short, and that is poor course management.

Another need-to-know item before you hit the very first tee is knowing your strengths and weaknesses. Is what help make this harder are your strengths and weaknesses are usually in a state of flux. As for me, there have been periods when I am entirely confident playing from sand, and other times when I’m clueless. If I know I’m able to hit the sand shot, there have been occasions when I’ve used a trap as being a bail-out spot as opposed to taking the possibility of hitting the shot into rough that might give me an impossible lie. There may be literally numerous situations like this.

Here are just a few additional situations that will help your golf course management decisions:

1.Driver from the tee. Often this will be the way to go, but do not robotically suppose so. Some holes set up for additional precision off of the tee yet the next golf shot is more forgiving. Sound golf course management requires that you leave the next shot with a clear golf swing from a good lie, even though it will take a longer shot.

2.Be familiar with the percentages. With poker, drawing to an inside straight is feasible, but taking those chances will always catch up to you. Always take the high-percentage shot. You may be able to complete a one-in-ten shot, but nine out of ten times you’ll be in danger.

3.Pitching the ball high rather than chipping it low. There are instances when you need to pitch the ball over trouble to your target. But it is a tougher golf shot. Keeping your chip near to the ground and taking as much spin off the ball as you can will take away one more variable, allowing for more dependable control. General rule for better golf course management would be to generally maintain your shot near to the ground for the chip shot.

The modern-day golf clubs will help the mid and high handicapped golfer, as long as they keep the swing under control. Keeping the swing under control will also have an effect on the short game, including chipping. Jim O’Connell is an avid golfer and writer living in Chicago.

Selling Cars And Basic Car Salesman Tips

Car

Sometimes you will see an experienced veteran car salesman hit a sales slump that they just cant shake or a new car salesman hit a slump and they dont know why. When the new salesman came out of their car sales training they followed their training instructions to the letter and started making car deals right and left. Same thing with the veteran, they have been selling cars for years.

Both the new car salesman and the car sales veteran from time to time will find themselves in a car sales slump. They start getting bored with the same routine they start to think that they can shortcut the steps of their auto sales training and save some time. They are choosing the fresh ups they take by looking and sizing up their customers. Their sales start slipping and their closing ratios are taking a nose dive. It is often called getting to smart for their own good. Instead of following the lessons of their training and prior experience they are changing the selling system. There are 3 car salesman tips below that need to be followed in order to build a good foundation to sell cars.

#1 Basic Car Salesman Tip: Cherry Picking Ups

The practice of cherry picking is when the car salesman that thinks they can determine the credit status or buying likelihood potential of a customer by looking at them. Then they will decide if they are going to wait on that customer or let another salesman help them. The downside of cherry picking is that customers will often dress down and intentionally try to look less desirable as a defense strategy. They want the salesman to think they that they dont have money or credit so that they wont be pressured. I have seen many sales people miss out on very nice commissions by cherry picking. The moral of this car salesman tip is that you cant pick out the buyers and the lookers by looking at them. The more people you help the more you will sell; its all about the numbers.

#2 Basic Car Salesman Tip: First Meeting

The basic meet and greet is the first meeting of the car salesman and the potential car buyer and a very critical step to selling cars. You know what they say about first impressions and its not any different when it comes to being a car salesman. Introducing yourself in a prompt professional manner is the proper thing to do, but I you are dressed poorly or smell like an ashtray you stand a good chance of making a bad first impression. You must look, act, dress and speak like a professional to make a good impression. This and other car salesman tips will get you off to a strong start.

#3 Basic Car Salesman Tip: Vehicle Selection

This car salesman tip may seem obvious, but proper selection is often overlooked by novice car sales people. You will never sell and the buyer will never buy the wrong car at the right price. All car buyers would like to have the top of the line automobile at the price of a base car. When you spend some time talking and determining their needs and you will save yourself a load of grief. If you show your customer the fully loaded model and they can only afford the base model you take a chance of embarrassing them. However if you show them the base model and they can afford more they raise themselves. It is easy to step them up to the nicer models, but very hard and uncomfortable to bring them back down to a model that fits their budget.

When you get in a car sales slump go back and read these very basic, but very important car salesman tips. You need to come off as a professional from the very start and get to know your customer and their needs. Talk to as many potential customers as you can, stick to the basics and your numbers will continue to climb as well as your car sales.

Women Fashion Journalism Workshop

Women Fashion

Narrate the changes you have witnessed in global fashion since you started I started when all fashion came from Paris. In 1958 that was 50 years ago last year, I covered Yves Saint Laurents first collection after the death of Christian Dior. During the ’60s, I eye-witnessed the you thquake/mini/moon maidens. It was the first time mothers and daughters dressed differently. It was the direct result of the pill, drugs, the Age of Aquarius and man’s landing on the moon. Compare the Indian fashion scenario with the international fashion Because I have not covered lakme Fashion Week or spent any time in India until now, I do not feel qualified to answer, other than to say that India is now a player on the international fashion scenethanks in large part, I believe, to the fact that international buyers and press now attend Lakme Fashion Week. Strengths and weaknesses of the Indian fashion.

Fraternity Strengths: Bollywood has obviously been an influence on fashion in India, giving the industry an international exposure it did not have before. India has a reputation for being the place to go for beading, embroideries, etc. India has been a source for cheap labor, thereby attracting many international companies to use your manufacturing facilities. Weaknesses: The fashion director of Lord and Taylor, with 40 some stores nationwide, including the N.Y. flagship, told me that she had come to Lakme Fashion Week thrilled by the creativity in India and that she purchased from several designers. Alas, she said, deliveries were not dependable, if at all, and communication was difficulti.e., no responses to emails, etc. This was 2 or 3 years ago so hopefully this no longer if a weakness.

Your take on increasing number of sponsored fashion weeks around the world and its impact on the original ones at Milan and Paris. I believe the IMG fashion weeks around the world have had a major impact in publicizing which were, until those weeks were held, marginal fashion centers. This was true in New York, when, in 1993, the first shows in Bryant Park literally transformed the American fashion industry. I do not believe these “regional” shows have hurt the ones in Milan and Paris, as these were already well-established fashion centers. Formal Grounding in Fashion journalism is paid lip sympathy Comment it’s hard to have a formal grounding in fashion journalism unless that means working as an intern at a fashion magazine. Do the fashion schools in India have courses in fashion Journalism? If they do, of course I would recommend a course. If they do not, I would say study the field, read Suzy Menkes in the international Herald Tribune and the writers for Women’s Wear Daily and W. If you want to be a good writer, first be a good reader.

Your agenda and expectation at the Lakme Fashion Week Fashion Media Workshop My agenda during Lakme Fashion Week Fashion Media Workshop is to learn all I can about India and fashion journalism in India. I want to be enlightened. Pearls of wisdom for aspiring fashion journalists. Find a boss who is someone you admiresomeone you would “die” to work for, then stop, look and listen as you learn. Come with an open mind. Set aside preconceived notions about the field. Read the best writers and see how they include both sides of a story, especially if it is a controversial subject.

Selling A Business To A Competitor

Business

Maximising value when selling a business can often mean selling to a customer or competitor and with the current market conditions as they are the return of the trade buyer has made this situation even more likely. Competitors are often the ones who are prepared to pay the best price, but this raises a number of tricky issues and careful management of the sale process is critical to achieving the right result.

Research, research, research
The value of research cannot be underestimated s, with the initial research playing a major role in the sale process and final outcome. The first step when selling a business is to prepare a list of likely buyers. Potential candidates need to be identified by in-depth research of the market the business for sale is currently operating in. This includes speaking to the major players, using the contact networks of the advisors and shareholders and utilising the international networks of corporate finance specialists to determine whether the likely purchaser will come form overseas. The next step is to agree a shortlist of parties to approach.

It is important to understand the strategies of the potential buyers, in particular their M&A plans. Some of this information will already be in the public domain but pre-screening buyers is an important step. The pre-screening process will involve speaking to, or meeting with, potential buyers to reach an understanding of their specific plans. This may even extend to asking questions relating to the area of the business that is for sale though not disclosing who the client is at this early stage

Understanding the key selling points of the business for sale and matching these to the strategies of the potential buyers is critical. There are key questions that need to be addressed at this time. Who is the business worth most to and what are the potential synergies available to the buyer – both sales driven and cost driven? Is there a gap in the potential buyer’s strategy, in terms of their product lines, market segment or geographic coverage that could be improved by acquiring the business that is potentially for sale. Which competitors would find the clients business attractive to buy, perhaps because it would rather own it than compete with it?

Lastly, it is important to understand the key individuals who drive the potential buyers business. Are they longstanding players? Perhaps they have a track record of buying and building businesses. Will they be able to gain support within their organisation to get a deal done?

What we often find is that the ultimate buyer is one of the first names on our list of potential buyers because it tends to be a competitor or a customer who ultimately sees most value in acquiring a business.

When Catalyst worked closely with a heating and plumbing equipment supplier the buyer was its major competitor.

The deal was quite a delicate one because we had to let the other side look at the details of the business but we could not reveal everything in the first instance. It had to be handled extremely sensitively.

The business was finally sold to its major competitor the outcome being a successful result for the vendors of the business who achieved an excellent price. The fit of the business with its major competitor made perfect sense but it was important to ensure that an advisor we understood the sensitivities of the deal without losing the buyer.

Tactics
In a transaction such as this you cant rush in and declare your hand too quickly when you are selling to a competitor and the same applies when selling to a customer. The first step is to prepare a tightly worded confidentiality letter which protects the client from potential buyers using information they learn from their discussions with you. This would include preventing them from using such information to target staff and customers, for example.

it is also imperative to hold back sensitive information until the last minute. Customer information is one such area, as it is vital to head off any attempts by the acquior to approach the customers of the business that is for sale until late on in the sale process. It is also at this stage that it will be important to make sure that there is a synergy between the two businesses. It should be clear that the two cultures are going to be a good fit and that all of the key individuals will be happy in their new roles.

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