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Franchise Opportunities-Hawaii

9/11/2014

Franchising is a fast growing industry in Hawaii. Familiar names are popping up everywhere. The State of Hawaii has approved over 400 Franchisors to do business in the state. Why are they growing so fast?

One reason is our military people who leave their service and decide to live in Hawaii. Franchising is a natural way to link their military experience to the skill sets needed to operate a business.

Military people are use to rule structures, being on a schedule and delivering results. These are great attributes for a small business, as well. What they lack is the exact knowledge of what to do in a specific type of business. This is where the Franchisor comes in. They provide that knowledge and the former military folks do the rest!

We, at Pacific Rim Business Consultants are offering several great franchise opportunities in Hawaii. Please call us at 808-744-1826 to discuss your goals and thoughts about Franchising.

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World Economy Looks Gloomy-Hawaii Economy Looks Great

9/10/2014

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It is interesting to see what the rest of the world thinks about their present and future economic outlook compared to Hawaii's view. Pew Research recently surveyed several countries to get their views.

In a survey of 48,643 people in 44 countries out Tuesday, the Pew Research Center found that 60 percent say their own country's economy is performing poorly. Dissatisfaction runs highest in the world's most advanced economies, where 64 percent say conditions are bad. In the United States, 58 percent give the American economy poor marks.

The deepest despair was recorded in countries hit hardest by the European debt crisis: 97 percent of Greeks, 96 percent of Italians and 93 percent of Spaniards said their economies were performing poorly. Unemployment rates are extraordinarily high in all three: 27 percent in Greece, 13 percent in Italy, 25 percent in Spain.

There are exceptions to the pervasive gloom: 89 percent of Chinese are positive about their country's economy, even though it's slowed markedly from the double-digit growth of a few years ago. In Vietnam, 87 percent of respondents gave the economy high marks. In Germany, 85 percent did.

In the countries that Pew characterizes as "emerging economies," 59 percent said conditions were unsatisfactory. Only in low-income "developing economies" did a majority (51 percent) call economic conditions "good."

Brazil has seen the steepest drop in economic confidence: Just 32 percent of Brazilians were positive about their economy, down from 59 percent in 2013.

Perceptions are improving in the United Kingdom: Last year, just 15 percent said the U.K. economy was in good shape. This year, the figure had jumped to 43 percent.

Eighty percent of Chinese said their economy would be stronger in a year, making them the world's most optimistic people. Just 15 percent of Japanese expected an improved economy next year, the lowest among the countries surveyed. "

Hawaii on the other hand is experiencing pre-2008 visitors numbers and a whole new market is developing to serve Chinese visitors. At least through the foreseeable future, Hawaii's economy looks strong. Our biggest problem also lies in the same area of Developed Countries in that we have huge government obligations like funding government retirement programs that do no have a agreed to solution. Our largest industry, Tourism is showing record high occupancy rates.

All in all, Hawaii is a great place to have a business.

Not only will enjoy our beauty and our weather, you should enjoy our prosperity as well. Let us find that business for you by calling us at 808-744-1826 or visit our website at www.pacificrimbusinessconsultants.com.

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What Is The Single Most Important Thing You Can Do to Prepare to Sell Your Business?

9/7/2014

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The time has come to get serious about selling your business. You have talked it over with your spouse, your children, and your best friend. You have concluded, "now is the time!" This decision faces most of the "Baby Boomers", the guys and gals who were fighting in the Viet Nam War or who remember the Korean War.

It is very common for us to hear these thoughts once someone commits to selling their business. But are you really ready to sell just because you have determined its time? The honest answer for most people is no...they are not ready. Not ready for one very big reason! There books are not in order.

The single biggest thing you can do to prepare for the sale of your business is to get your books in order. Think about it...if a buyer can't clearly see what they are buying why should they put a premium value on your business? Why should they agree with you over the price? Your books are like the a road map. They allow the buyer to follow the road to a final conclusion.

Once you have your books in order call us at 808-744-1826. Pacific Rim Business Consultants stands ready to make the process of selling your business as easy and reasonable as possible. We are happy to speak to you about "this getting ready process" when you are ready. Visit our website at www.paicifrimbusinessconsultants.com which is loaded with good information about selling your business.

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Lets Prove How Important Our Hawaiian Economy is to the World

9/6/2014

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Here is a thought for Small Business Owners in Hawaii. Many people don't realize that you don't have to use U.S. Currencies to settle debt. Why don't we just create our own Hawaiian Money and use it intra islands to settle our debts.

The first thing this would do is show how important our local economy really is to the islands. When a dollar is spent, it usually turns over (5) times before it leaves the Hawaiian Economy.

Our currency would be on par with U.S. Currency and could be converted at any Hawaiin Bank on a 1 to 1 basis. Countries like El Salvador, Ecuador, & the Turks & Cocoas Islands and others use US Currency as their currency with a one for one par value.

We see no reason this couldn't be done in Hawaii. This simple change in state monetary policy when quickly identify the importance of local transactions.

One other point, theoretically, tourists would take home some of their Hawaiian Dollars as souvenirs. If there were a set amount of money printed and never increased, this tourism depletion would also make the Hawaiian Dollar have even more buying power for local goods.

Any comments out there? Thoughts, additions...to our comments?

When you need creative solutions to small business problems and opportunities please call us (808)744-1826 and let us help. There is no charge for (1) hour of insightful discussion about the issues.

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Hawaii is Laze Fair State When it Comes to Politics

9/5/2014

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Recently Bill O' Rielly of Fox News Channel sent his reporter, Jessie Waters to Oahu to interview our folks about why the state has so Liberal.

The result of the interviews showed almost a total lack of interest in the State's politics. It turns out that Hawaii has the lowest voter turn out in the United States.

This low turn out has turned Hawaii into a one party state, i.e., Democratic Party. Very few people know or even understand the legislative process in Hawaii. The result is a dedicated group of people, few in number who end up running the State government. Most of the political action takes place at the Primary Election Level, given that the Primary winner typically wins the General Election.

This year may be different. Our Governor Abercrombie was dumped in the Primary (never happened before in American History) opening the way for new blood from the Democrats but the Repulicans are fielding a widly liked former local judge while the new Independent Party is offering up a former popular Mayor of Honolulu.

This might just be the year for some real change in Hawaiian Politics.

From our prospective, we would like to support the candidate with the best platform for small business.

Hawaii...don't hang back...lead the nation in voter turnout and express your opinions at the polls. As we say in Hawaii...not vote, no talk story!

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Franchise Opportunities-Hawaii

World Economy Looks Gloomy-Hawaii Economy Looks Great

What Is The Single Most Important Thing You Can Do to Prepare to Sell Your Business?

Lets Prove How Important Our Hawaiian Economy is to the World

Hawaii is Laze Fair State When it Comes to Politics

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