Some treats can please your sweet tooth without leaving any sense of guilt of increasing your blood sugar like frozen yogurt. The number of frozen yogurt stores in the US popped from 3,624 to 4,765 between the 2010-2011 fall, and such a phenomenon can be explained by this. Before you join the bandwagon and put your hard-earned money in a frozen yogurt venture, there are a few things you should think about.
Exactly how many individuals want to purchase frozen yogurt in your area? If there are no existing frozen yogurt stores around, you can conduct a study on at least a few hundred people. Otherwise, observe exactly how your possible competition fare. Are there shops loaded with customers most of the time, or have they been in operation for a really good number of months but you haven't seen the expected long queues?
Aside from satisfying their sweet tooth, another explanation why people buy frozen yogurt is to get a light and energizing snack. Thus, your company has a better chance of success if you reside in an area where there's warm weather most of the time. Otherwise, you'll need to identify what to do with your remaining stock throughout the winter months or else stand to lose sales.
Other considerations for your frozen yogurt business are store location, raw materials sourcing, and capital. Your shop ought to be found in a location effortlessly available to most people and where there's heavy foot traffic like shopping malls, airports, and train stations. Furthermore, the closer your shop is to your source for raw materials, the better. This way, yogurt and all other ingredients like fresh fruits, chocolate, and nuts are fresh when delivered. Also think about the price of operation—store workers' wages, rental, and maintenance.
Exactly how do you make your store, items, and services rise above the rest? Observe famous frozen yogurt brands and their strategies to grab and keep their share of the frozen yogurt market chunk. Determine which strategies will work best for your company.
If you're new to the frozen yogurt business, it's a great thought to select proven and solid frozen yogurt franchises to partner with. Start with suggestions from people who have actually had firsthand experience with this business. You can also see this link for more details on picking frozen yogurt franchises: franchisesources.hubpages.com/hub/Which-Frozen-Yogurt-Franchise-Should-You-Choose.
Fantastic Company Ideas: Frozen Yogurt Shop