Connect with us

Press Release

Ammar Jali Highlights Hidden Costs to Watch Out for When Buying a Franchise

Published

on

Michigan, US, 25th July 2024, ZEX PR WIRE, As a leader in the franchise industry, Ammar Jali brings attention to the often-overlooked hidden costs that potential franchise owners must consider before investing. Drawing from his extensive experience and success in franchise ownership, Ammar Jali emphasizes the importance of understanding these costs to make informed decisions and achieve long-term success.

Interest Foregone

According to Ammar Jali, one of the significant hidden costs when buying a franchise is interest foregone. When individuals invest their savings into a franchise, they sacrifice the potential interest or returns they could have earned if the money were invested elsewhere. This opportunity cost can be substantial, especially for those using personal savings or liquidating investments. Potential franchise owners, Ammar says, should factor in this lost income to fully understand the financial impact of their investment.

Working Capital

Ammar Jali stresses the necessity of having adequate working capital beyond the initial franchise fee and setup costs. “Working capital is crucial for covering ongoing expenses such as payroll, rent, utilities, and inventory,” he explains. Many new franchise owners underestimate the working capital required to sustain the business until it becomes profitable. Insufficient working capital can lead to financial strain and even business failure, underscoring the importance of thorough financial planning.

Service Fees

Service fees, Ammar says, are another hidden cost that can significantly impact a franchise’s profitability. These fees can include charges for ongoing support, training, technology, and other services the franchisor provides. “Franchisees must be aware of these recurring costs,” Ammar Jali advises. It’s essential to review the franchise agreement carefully to understand the scope and frequency of service fees and ensure they are factored into the overall budget.

Franchise Resale Fees

When it comes time to sell the franchise, franchisees may encounter resale fees. Ammar Jali highlights that these fees, often stipulated in the franchise agreement, can be a percentage of the sale price or a fixed amount. Understanding resale fees, he says, is crucial for planning your exit strategy. Prospective franchise owners, from Ammar’s experience, should consider these costs when evaluating the long-term profitability and value of the franchise investment.

Insurance

Ammar Jali says insurance is a necessary but sometimes overlooked expense in franchise ownership. Franchisees must often maintain specific insurance policies to protect against various risks, including liability, property damage, and business interruption. He notes that insurance premiums can be significant and vary based on the type of business and location. Ensuring adequate coverage is vital for mitigating risks and safeguarding the business.

Franchise Renewal Fees

Franchise agreements typically have a fixed term, after which franchisees must renew their agreement to continue operating. Renewal fees can be substantial and are often required upfront. Ammar advises prospective franchise owners to plan for renewal fees to avoid unexpected financial burdens. Franchisees, he adds, should be aware of the terms and costs associated with renewal to ensure continuous operation without financial strain.

Advertising Costs

Effective advertising is critical for attracting and retaining customers, but it comes with costs that can add up quickly. According to Jali, franchisees are often required to contribute to a national advertising fund and may incur additional local advertising expenses. He explains that these costs can vary widely and impact your bottom line. Prospective franchise owners should evaluate the advertising requirements and budget accordingly to ensure they can sustain effective marketing efforts.

Ammar Jali’s Proven Expertise in Franchise Ownership

Ammar Jali’s impressive success in franchise ownership is a testament to his entrepreneurial spirit and commitment to excellence. Beginning his journey in 1994 by purchasing his first franchise in Long Island, NY, Ammar  quickly made a name for himself in the industry. His strategic vision and dedication have grown his franchise portfolio significantly, earning him accolades for operational excellence and customer satisfaction.

His insights into the hidden costs of franchise ownership provide invaluable guidance for potential franchisees. By understanding and planning for these expenses, individuals can make informed decisions and set themselves up for long-term success. Ammar’s commitment to excellence and customer service continues to drive his thriving franchise empire, leaving a lasting impact on the community.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

IKAR Holdings Leads Global Mpox Pandemic Preparedness Initiative in Collaboration with Unify Platform AG and Safely2Prosperity

Published

on

United Kingdom, 16th Sep 2024, Grand Newswire – IKAR Holdings a British conglomerate, in partnership with Unify Platform AG, Safely2Prosperity, and Bluestain Global has announced the launch of a comprehensive Pandemic Preparedness Initiative focused on Mpox (formerly known as Monkeypox). This groundbreaking initiative aims to bolster global efforts to detect, prevent, and manage Mpox outbreaks, especially in regions with limited resources.

IKAR Holdings Leads Global Mpox Pandemic Preparedness Initiative in Collaboration with Unify Platform AG and Safely2Prosperity

The initiative is designed to deliver cutting-edge tools and solutions that governments, healthcare organizations, and public health officials can use to strengthen pandemic response systems. The program brings together innovative technologies in detection, prevention, and real-time infectious disease management, developed collaboratively by the partners.

Key Components of the Pandemic Preparedness Initiative:

1. Detection: BlueStain Global’s BlueStain Mpox Test, a state-of-the-art diagnostic tool, will be the backbone of the detection strategy. This test offers rapid, accurate detection of the Mpox virus, enabling timely intervention in outbreak scenarios. It will be rolled out initially to governments and organizations across Africa, where the need for pandemic preparedness is critical.

2. Prevention: The initiative will utilize Applied Carbon (AC) Drink, provided by Chemiteras in partnership with Unify Platform AG. This preventive measure is designed to reduce the risk of infection and support overall health during potential outbreaks.

3. Treatment: Applied Carbon Preparation (AAC), an advanced treatment candidate, will form a key part of the program’s response framework, ensuring that both prevention and treatment components are accessible where needed.

4. Management: Central to the program is the Virus Vigilant SaaS, a sophisticated infectious disease management system jointly developed by IKAR, Unify Platform AG, and Safely2Prosperity. This real-time platform allows for seamless coordination, monitoring, and rapid response during outbreaks, ensuring timely containment and management of infections.

Partner Contributions:

IKAR HOLDINGS: IKAR, headquartered in London, will lead efforts in coordinating with several African governments to ensure that these regions have access to the necessary infrastructure for pandemic preparedness. IKAR’s role includes facilitating the adoption of the initiative’s detection, prevention, and treatment components across affiliated regions. Their goal is to ensure that the mistakes of the Covid-19 pandemic are not repeated, and that African nations are better equipped to handle future outbreaks.

Unify Platform AG: Based in Switzerland, Unify Platform AG will be responsible for the technological backbone of the initiative, particularly the development of the infectious management SaaS. Their expertise in real-time data management and infectious disease response will enable governments to react swiftly to Mpox and other infectious diseases.

Safely2Prosperity: Safely2Prosperity will play a crucial role in the deployment of the Virus Vigilant SaaS, ensuring that the system operates smoothly across all regions. Their collaboration with IKAR and Unify Platform AG will result in a seamless infectious disease management system that can be used for current and future pandemics.

A Unified Vision for Global Health Preparedness:

This partnership is a testament to the shared commitment between IKAR, Unify, Safely2Prosperity, and Bluestain to protect global public health and strengthen pandemic preparedness, particularly in vulnerable regions. The initiative is expected to serve as a model for future pandemic preparedness programs, demonstrating the importance of international cooperation, technological innovation, and proactive health measures.

Mario Diel, Chairman and Founder of IKAR HOLDINGS, stated: 

“Our mission is to ensure that the lessons learned from the Covid-19 pandemic are implemented on a global scale. By working closely with governments, especially in Africa, we can build resilient systems that integrate prevention, detection, and treatment for Mpox and other infectious diseases.”

Tokinori Terada, CEO of Unify Platform AG, added:  

“Our infectious management SaaS will give governments and healthcare providers the ability to monitor and respond to outbreaks in real-time. This capability is essential for preventing the spread of diseases and saving lives.”

Taka Karita, Co-Founder and COO of Unify Platform AG, emphasized:  

“Combining advanced technology and international collaboration, this initiative will strengthen Mpox preparedness in Africa and beyond. We’re committed to providing the tools needed for governments to act quickly, preventing future outbreaks from becoming global health crises.”

Hon. John Norris Founder of Safely2Prosperity, remarked:  

“The Virus Vigilant system will revolutionize the way infectious diseases are managed globally. By providing real-time insights and coordinating response efforts, we can help prevent Mpox outbreaks from escalating into widespread health crises.”

Prof. Fernando Ferreira, Chairman and Co-Founder of BlueStain Global, emphasized:  

“This partnership represents a significant step forward in pandemic preparedness. By integrating our BlueStain Mpox Test into a broader program, we can help ensure that governments and organizations are better prepared to tackle future pandemics swiftly and effectively.”

About IKAR HOLDINGS: 

IKAR is a leading entrepreneurial group of companies that focuses on strategic initiatives in pandemic preparedness, particularly in Africa. By working with governments, IKAR facilitates the rapid implementation of pandemic response systems.

About Unify Platform AG: 

Unify Platform AG, headquartered in Switzerland, is a technology-driven company specializing in infectious disease management. Their SaaS platforms enable real-time response to pandemics, providing governments with the tools needed to manage outbreaks effectively.

About Safely2Prosperity: 

Safely2Prosperity is an organization focused on infectious disease management systems. Their collaboration on the Virus Vigilant SaaS is central to ensuring the seamless coordination and management of pandemic preparedness programs globally.

About BlueStain Global: 

BlueStain Global is a British-Portuguese biotechnology company specializing in innovative solutions for infectious disease detection and pandemic preparedness. Their flagship product, the BlueStain Mpox Test, is a leading diagnostic tool in the fight against Mpox and other infectious diseases.

Media Contact

Organization: IKAR HOLDINGS

Contact Person: Michael Bert

Website:

IKAR HOLDINGS

Email:

press@ikarholdings.com

Address:17 Savile Row, London W1S 3PN

City: LONDON

State: MAYFAIR

Country:United Kingdom

The post IKAR Holdings Leads Global Mpox Pandemic Preparedness Initiative in Collaboration with Unify Platform AG and Safely2Prosperity appeared first on
Grand Newswire.
It is provided by a third-party content
provider. Grand Newswire makes no
warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

News Shop operates Smart Media Technology, technology and social media services

Published

on

Saudi Arabia, 15th Sep 2024, Grand Newswire – News Shop Expands Its Focus on Marketing Tech Companies with a Proven Plan to Increase Cases

News Shop is enhancing its position in the digital marketing landscape by expanding its focus on marketing tech and technology companies. Through a proven, well-developed plan, News Shop, via its agency “Smart Media,” which specializes in website design, digital marketing, and social media services in Dammam, offers innovative solutions to support the sustainable growth of websites and social media accounts.

News Shop relies on a targeted marketing strategy that combines advanced SEO optimization, content marketing, professional website design, and robust social media account management. This strategy aims to attract potential customers and convert them into actual cases.

Khaled  Alrawaeli stated, “Our goal is to equip companies and websites with the tools and strategies they need to stand out in a crowded market. We are confident that our proven plan will deliver measurable results, helping businesses increase the number of cases they handle while building a strong and reputable online presence.”

As part of this expansion, News Shop, through its tech site “Smart Media,” is offering a free initial consultation to assess current digital marketing efforts and identify areas for improvement.

About News Shop Agency is the operator of Smart Media and TOP shop and Sweet Cake website 

For more information about News Shop services, please visit our website.nwes shop Or the owner’s Instagram account @smart7line 

Media Contact

Organization: News shop

Contact Person: News shop

Website:

https://Smart7line.net

Email:

News@smart7line.net

Address:News shop

Address 2: News shop

City: Khobar

Country:Saudi Arabia

The post News Shop operates Smart Media Technology, technology and social media services appeared first on
Grand Newswire.
It is provided by a third-party content
provider. Grand Newswire makes no
warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

IKAR Holdings Leads Global Mpox Pandemic Preparedness Initiative in Collaboration with Unify Platform AG and Safely2Prosperity

Published

on

United Kingdom, 16th Sep 2024, Grand Newswire – IKAR Holdings a British conglomerate, in partnership with Unify Platform AG, Safely2Prosperity, and Bluestain Global has announced the launch of a comprehensive Pandemic Preparedness Initiative focused on Mpox (formerly known as Monkeypox). This groundbreaking initiative aims to bolster global efforts to detect, prevent, and manage Mpox outbreaks, especially in regions with limited resources.

IKAR Holdings Leads Global Mpox Pandemic Preparedness Initiative in Collaboration with Unify Platform AG and Safely2Prosperity

The initiative is designed to deliver cutting-edge tools and solutions that governments, healthcare organizations, and public health officials can use to strengthen pandemic response systems. The program brings together innovative technologies in detection, prevention, and real-time infectious disease management, developed collaboratively by the partners.

Key Components of the Pandemic Preparedness Initiative:

1. Detection: BlueStain Global’s BlueStain Mpox Test, a state-of-the-art diagnostic tool, will be the backbone of the detection strategy. This test offers rapid, accurate detection of the Mpox virus, enabling timely intervention in outbreak scenarios. It will be rolled out initially to governments and organizations across Africa, where the need for pandemic preparedness is critical.

2. Prevention: The initiative will utilize Applied Carbon (AC) Drink, provided by Chemiteras in partnership with Unify Platform AG. This preventive measure is designed to reduce the risk of infection and support overall health during potential outbreaks.

3. Treatment: Applied Carbon Preparation (AAC), an advanced treatment candidate, will form a key part of the program’s response framework, ensuring that both prevention and treatment components are accessible where needed.

4. Management: Central to the program is the Virus Vigilant SaaS, a sophisticated infectious disease management system jointly developed by IKAR, Unify Platform AG, and Safely2Prosperity. This real-time platform allows for seamless coordination, monitoring, and rapid response during outbreaks, ensuring timely containment and management of infections.

Partner Contributions:

IKAR HOLDINGS: IKAR, headquartered in London, will lead efforts in coordinating with several African governments to ensure that these regions have access to the necessary infrastructure for pandemic preparedness. IKAR’s role includes facilitating the adoption of the initiative’s detection, prevention, and treatment components across affiliated regions. Their goal is to ensure that the mistakes of the Covid-19 pandemic are not repeated, and that African nations are better equipped to handle future outbreaks.

Unify Platform AG: Based in Switzerland, Unify Platform AG will be responsible for the technological backbone of the initiative, particularly the development of the infectious management SaaS. Their expertise in real-time data management and infectious disease response will enable governments to react swiftly to Mpox and other infectious diseases.

Safely2Prosperity: Safely2Prosperity will play a crucial role in the deployment of the Virus Vigilant SaaS, ensuring that the system operates smoothly across all regions. Their collaboration with IKAR and Unify Platform AG will result in a seamless infectious disease management system that can be used for current and future pandemics.

A Unified Vision for Global Health Preparedness:

This partnership is a testament to the shared commitment between IKAR, Unify, Safely2Prosperity, and Bluestain to protect global public health and strengthen pandemic preparedness, particularly in vulnerable regions. The initiative is expected to serve as a model for future pandemic preparedness programs, demonstrating the importance of international cooperation, technological innovation, and proactive health measures.

Mario Diel, Chairman and Founder of IKAR HOLDINGS, stated: 

“Our mission is to ensure that the lessons learned from the Covid-19 pandemic are implemented on a global scale. By working closely with governments, especially in Africa, we can build resilient systems that integrate prevention, detection, and treatment for Mpox and other infectious diseases.”

Tokinori Terada, CEO of Unify Platform AG, added:  

“Our infectious management SaaS will give governments and healthcare providers the ability to monitor and respond to outbreaks in real-time. This capability is essential for preventing the spread of diseases and saving lives.”

Taka Karita, Co-Founder and COO of Unify Platform AG, emphasized:  

“Combining advanced technology and international collaboration, this initiative will strengthen Mpox preparedness in Africa and beyond. We’re committed to providing the tools needed for governments to act quickly, preventing future outbreaks from becoming global health crises.”

Hon. John Norris Founder of Safely2Prosperity, remarked:  

“The Virus Vigilant system will revolutionize the way infectious diseases are managed globally. By providing real-time insights and coordinating response efforts, we can help prevent Mpox outbreaks from escalating into widespread health crises.”

Prof. Fernando Ferreira, Chairman and Co-Founder of BlueStain Global, emphasized:  

“This partnership represents a significant step forward in pandemic preparedness. By integrating our BlueStain Mpox Test into a broader program, we can help ensure that governments and organizations are better prepared to tackle future pandemics swiftly and effectively.”

About IKAR HOLDINGS: 

IKAR is a leading entrepreneurial group of companies that focuses on strategic initiatives in pandemic preparedness, particularly in Africa. By working with governments, IKAR facilitates the rapid implementation of pandemic response systems.

About Unify Platform AG: 

Unify Platform AG, headquartered in Switzerland, is a technology-driven company specializing in infectious disease management. Their SaaS platforms enable real-time response to pandemics, providing governments with the tools needed to manage outbreaks effectively.

About Safely2Prosperity: 

Safely2Prosperity is an organization focused on infectious disease management systems. Their collaboration on the Virus Vigilant SaaS is central to ensuring the seamless coordination and management of pandemic preparedness programs globally.

About BlueStain Global: 

BlueStain Global is a British-Portuguese biotechnology company specializing in innovative solutions for infectious disease detection and pandemic preparedness. Their flagship product, the BlueStain Mpox Test, is a leading diagnostic tool in the fight against Mpox and other infectious diseases.

Media Contact

Organization: IKAR HOLDINGS

Contact Person: Michael Bert

Website:

IKAR HOLDINGS

Email:

press@ikarholdings.com

Address:17 Savile Row, London W1S 3PN

City: LONDON

State: MAYFAIR

Country:United Kingdom

The post IKAR Holdings Leads Global Mpox Pandemic Preparedness Initiative in Collaboration with Unify Platform AG and Safely2Prosperity appeared first on
Grand Newswire.
It is provided by a third-party content
provider. Grand Newswire makes no
warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST