Industry Analysis & Industry Trends
The revenue earned by doughnut shops has decreased over the past decade, largely due to the health concerns associated with eating unhealthy foods. However, the fall has been dampened by the success and growth that major donut chains, such as Dunkin' Donuts and Krispy Kreme, have experienced over that.... purchase to read more
Industry Report - Starting a New Business Chapter
The industry's barriers to entry are low, given that an operator can lease premises and equipment, furniture and fittings, which lowers the initial capital costs, outlays and borrowings. Entry can also occur through signing a franchise agreement, which includes outfitting and equipment, as well as training and computer systems. Franchisors also provide food and beverages and some financial and accounting functions for a proportional share of revenue from their franchisees. This structure lowers operational costs and can also minimize some risks, especially for entrepreneurs unfamiliar with the food-service industry. Still, individual franchisees carry most of the day-to-day operational and management risks associated with their own business... purchase to read more