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How to Start a Tamalería Business

Dare to start with this business model that will give you sales beyond Candlemas Day.

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Dare to start with this business model that will give you sales beyond Candlemas Day.

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This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

By Marissa Sánchez

Why?

The food and beverage industry is one of the most dynamic in Mexico. And the figures confirm it: restaurants (outside a pandemic) generate more than 1.4% of the national GDP and 13% of the tourism GDP.

For its part, the production of tamales in the country dates back to pre-Hispanic times. Thus, cultures such as the Mayan included the consumption of this food in rituals to purify its seeds at the beginning of the agricultural cycle. Back then, corn and banana leaves were used, and they were steamed. While the arrival of sugar in our diet (after colonization) enriched the variety of tamales, which some estimate between 500 and five thousand.

Today, in addition to its consumption either at breakfast, lunch or dinner, as a main dish or a treat, during the week or Saturdays and Sundays, this food becomes the main protagonist every February 2. It is about Candlemas Day, the date on which Mexicans enjoy tamales, courtesy of those who obtained “the child” in the rosca de Reyes.

Today is Candlemas Day and tamales are eaten! / Image: Depositphotos.com

How?

This business idea consists of a tamalería, that is, an establishment of at least 25 square meters for the sale and consumption of a wide variety of tamales. This requires an initial investment of $ 300,000, which includes the fitting out of a kitchen with its respective utensils, supplies, bar and counter, cash register, benches, tables and chairs. In addition to the training of personnel for the preparation of tamales. The objective is to professionalize this traditional business that is often located on the street without following basic hygiene rules.

Locate your tamalería near schools, offices and residential areas. Ideally it should be easily accessible by pedestrians and vehicles. Another key to this business is the opening hours: try to open from 6 am and close until 9 pm. Identify peak hours so that your employees intensify their activity and can be quick to respond. And take advantage of sales downtime to focus on production.

Do not forget that you will conquer your clients with your stomach. So try to have a wide variety or rotation of options so that people never leave empty-handed. See mole tamales, green, sliced, sweet, cake, as well as regional varieties. Another way to increase your income is to offer home delivery or special attention for events.

Success example

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Stay Focused During All of Your Workouts with These Wireless Sports Earbuds

Get them for almost $20 off today.

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Get them for almost $20 off today.

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May 9, 2021 2 min read

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Entrepreneurs have a lot going on every day. It can be stressful running your own business and it’s important to take time to invest in your health. That’s why many entrepreneurs are devoted athletes and fitness buffs. And when you’re getting in the zone of a great workout, the last thing you want is distractions taking you back to all the work you have to do. With Culture® Wireless Waterproof SportBuds, you won’t have to worry about that.

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Prices subject to change.

Give yourself a headphone upgrade without breaking the bank. Normally $94, you can get the Culture® Wireless Waterproof SportBuds for 21 percent off at just $74.99 today.

Source: http://feedproxy.google.com/~r/entrepreneur/latest/~3/eKUFzHdwYF0/371294

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Best Semiconductor Stocks To Buy Next Week? 4 Making Headlines

While there may be a chip shortage now, could an eventual semiconductor boom be worth betting on now?

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While there may be a chip shortage now, could an eventual semiconductor boom be worth betting on now?

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May 7, 2021 6 min read

This story originally appeared on StockMarket

Should Investors Be Watching These Top Semiconductor Stocks In May 2021?

Semiconductor stocks are an interesting play in the stock market today, to say the least. Why? For the most part, it is because of how crucial semiconductor chips are in our world today. Safe to say, semiconductors are the brains behind most of the tech around us right now. From our smart devices and home appliances, and even the cars we drive, semiconductors are present. Now, seasoned and new investors alike would likely be familiar with the current chip shortages throughout the globe. Without going into too much detail, this shortage stems from surges in chip demand across various consumer-focused industries. Nonetheless, while the shortage persists, demands remain at an all-time high. Could this be a buying opportunity for investors now?

Well, Citigroup (NYSE: C) analyst Christopher Danely appears to believe so. Earlier this week, Danely argued that there could be “more upside” in semiconductor stocks for now. Moreover, the analyst also reiterated his buy rating on semiconductor manufacturer Texas Instruments (NASDAQ: TXN). Positive analyst notes aside, some of the largest names in the industry continue to make massive plays as well. As of last month, the Taiwan Semiconductor Manufacturing Company (NYSE: TSM) revealed plans to significantly boost its manufacturing capabilities. This plan would involve investments of $100 billion over three years. Evidently, the semiconductor industry is not resting on its laurels. Overall, I can understand if investors are eager to jump on the top semiconductor stocks on the stock market now. In light of that, here are four names worth taking note of.

Semiconductor Stocks To Watch Right Now

QuickLogic Corporation

QuickLogic is the leading provider of open configurable computing solutions based on 100% open-source software and hardware. In essence, it is a fabless semiconductor company that develops low power, multi-core MCU, FPGAs, and embedded FPGA intellectual property (IP), voice, and sensor processing. QUIK stock currently trades at $6.22 as of Friday’s closing bell.

tech stocks to buy (QUIK stock)

In February, the company reported its fourth-quarter financials. QuickLogic reports that it has accelerated progress in transforming its business from primarily a product company to a platform company. It also passed the Amazon (NASDAQ: AMZN) AVS Certification for hearable reference design so that OEMs can evaluable smart hearable products quickly and easily.

Total revenue for the quarter was $2.5 million, a 40% increase compared to the last quarter. A chunk of this revenue came from its mature product revenue, at $1.7 million, which is up by 46% compared to its previous quarter. Given all of this, will you consider adding QUIK stock to your watchlist?

[Read More] Cheap Stocks To Buy? 4 Cloud Computing Stocks To Know

Nvidia Corporation

Nvidia is a multinational tech company that is based in Santa Clara, California. The company essentially focuses on personal computer graphics, graphics processing units (GPU), and also on artificial intelligence (AI). Its GPU product brands are aimed at specialized markets. Specifically, GeForce for gamers and Quadro for designers. NVDA stock currently trades at $592.49 as of 4:oo p.m. ET Friday. Recently, Baird analyst Tristan Gerra covered the company.

best tech stocks to buy right now (NVDA Stock)

In particular, he placed an outperform rating and an $800 price forecast on the company’s stock. That would represent a 38% increase from the stock’s current price. According to Gerra, Nvidia’s leadership in AI positions the tech titan for continued success. AI computing is set to be one of the most transformational technologies of our era after all according to him.

Lastly, he also praised Nvidia’s competitive edge that has barriers to entry that are among the highest within the semiconductor industry. This could insulate Nvidia’s sales and profits from the competition. For these reasons, will you consider watching NVDA stock?

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Advanced Micro Devices Inc.

AMD is a multinational semiconductor company that is based in Santa Clara, California. It develops computer processors and related technologies for both the business and consumer markets. For more than 50 years, the company has driven innovation in high-performance computing, graphics, and visualization technologies. AMD stock currently trades at $78.81 as of Friday’s close. Last week, the company reported its first-quarter financials for 2021.

best tech stocks to buy (AMD stock)

In detail, it reported a revenue of $3.45 billion for the quarter, a 93% increase year-over-year. AMD also posted a gross profit of $1.58 billion, an increase of 94% year-over-year. Also, net income for the quarter was $555 million, up by 243% year-over-year or an earnings per share of $0.45.

Given these impressive financials, the company continues to accelerate its business with the best product portfolio in its history. It also continues to enjoy strong execution and robust market demand for its products. Notably, its data center revenue more than doubled and it has increased its full-year guidance. Given all of this, will you consider adding AMD stock to your portfolio?

[Read More] Best Stocks To Buy Now? 4 Consumer Discretionary Stocks In Focus

ON Semiconductor Corporation

Another top semiconductor company to know now would be ON Semiconductor (ON). Primarily, the company supplies semiconductors that serve as power, analog, sensor, and connectivity solutions. Its core end markets include the automotive, industrial, cloud, and Internet of Things sectors.

top semiconductor stocks to watch (ON stock)

Notably, ON can do all of this through its global network of manufacturing facilities and engineering centers. For investors, ON stock would be among the more affordable bets in the current pool of semiconductor stocks. As it stands, the company’s shares are looking at gains of over 130% in the past year. However, seeing as it has taken a breather from its all-time high seen last month, would it be wise to buy on the dip here?

Well, in its recent quarter fiscal posted earlier this week, ON reported stellar figures. To begin with, the company saw massive year-over-year surges of 742% in net income and 766% in earnings per share. Furthermore, ON also ended the quarter with over $1 billion in cash on hand. CEO Hassane El-Khoury cited good execution from his team and strong demand from ON’s key end-markets as key factors of this performance. Given ON’s role in the current electric vehicle market, would you consider adding ON stock to your May watchlist?

Well, Citigroup (NYSE: C) analyst Christopher Danely appears to believe so. Earlier this week, Danely argued that there could be “more upside” in semiconductor stocks for now. Moreover, the analyst also reiterated his buy rating on semiconductor manufacturer Texas Instruments (NASDAQ: TXN). Positive analyst notes aside, some of the largest names in the industry continue to make massive plays as well. As of last month, the Taiwan Semiconductor Manufacturing Company (NYSE: TSM) revealed plans to significantly boost its manufacturing capabilities. This plan would involve investments of $100 billion over three years. Evidently, the semiconductor industry is not resting on its laurels. Overall, I can understand if investors are eager to jump on the top semiconductor stocks on the stock market now. In light of that, here are four names worth taking note of.

Source: http://feedproxy.google.com/~r/entrepreneur/latest/~3/RbirEgzMVzs/371430

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100 Women Entrepreneurs are launched, an initiative dedicated to promoting the inclusion of women in the economy

“Mexico not only needs more women to undertake, it also requires that those who already do so have adequate training, a clear vision and sufficient tools to lead their companies,” says Ana Victoria García, founder of the business academy for women. , Victoria 147.

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“Mexico not only needs more women to undertake, it also requires that those who already do so have adequate training, a clear vision and sufficient tools to lead their companies,” says Ana Victoria García, founder of the business academy for women. , Victoria 147.

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May 6, 2021 3 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Given the importance of female entrepreneurship in the country’s economy, Ana Victoria García, founder of the first business academy for women in Mexico, launched the call for the 100 women entrepreneurs program , an initiative that seeks a hundred women business leaders .

According to figures from the National Occupation and Employment Survey (ENOE), carried out by the National Institute of Statistics and Geography (INEGI), only 2% of women employed in the labor market are employers.

“Mexico not only needs more women to undertake, it also requires that those who already do so have adequate training, a clear vision and sufficient tools to lead their companies,” said Ana Victoria García, based on figures from the Foundation Kauffman, startups and businesses led by women are, on average, 35% more profitable than those with a man at the helm.

“In the trajectory of an entrepreneurial woman, a moment arises when we realize that our business is expanding and we require a collaborative network; that is when we must have the necessary tools and information to take the next steps that will lead us to success ”, mentioned Ana Victoria García, also a judge for the television program Shark Tank México.

The call to participate in “100 Women Entrepreneurs” includes women entrepreneurs, partners or owners, of businesses with a turnover between 50 thousand and up to 2 million pesos a year; This with the aim of being able to promote entrepreneurship and provide their founders with the necessary tools so that, during 2021, female entrepreneurship can have a greater representation in the economic reactivation of the country.

Registration will be open from May 5 to 16, during which time Ana Victoria García and Victoria147 will seek scholarships for business women who want to take their entrepreneurship to the next level, through the Despegue program.


Photo: Victoria 147

During the official launch, Ana Victoria García invited to talk to three important entrepreneurs who consider success stories of the Despegue program, among which is Paulina Pedraza, founder of Dulce Alma, Margot Zisa, main partner of Mora Market and Ana Herrera, ambassador of Gente de Mezcal.

Victoria147 has been recognized not only for its approach to training women in the business field, but also for its teaching and support methodologies, which allow the generation of a strong network of networking and collaboration between women entrepreneurs in Mexico and other countries. Latin America, especially in Colombia and Argentina.

Entrepreneurs looking for more information and details about the initiative will be able to consult it on this page .

“Mexico not only needs more women to undertake, it also requires that those who already do so have adequate training, a clear vision and sufficient tools to lead their companies,” said Ana Victoria García, based on figures from the Foundation Kauffman, startups and businesses led by women are, on average, 35% more profitable than those with a man at the helm.

Source: http://feedproxy.google.com/~r/entrepreneur/latest/~3/MGJCxGdOPUw/371257

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