|
Franchise fee is basically the amount of money you have to pay for the usage of the business model of the company. Franchise fees come in two types, one is the one time payment, and the other is the royalty fee. This video tackles what franchising fee is. This will be a treat to those who are starting out to . . . → Read More: Registering your business Article Source: Franchise Talk Magazine, Francorp, the Franchising Leader For over 36 years, Francorp has been in the business of teaching companies to run and sell franchises. To date, Francorp, with 2 offices worldwide has sold thousands of franchises all over the globe, including in the Philippines where it has launched over 350 franchises that account for . . . → Read More: Making Franchising Expos Work for You Today I am going to discuss the advantages of franchising. Perhaps the biggest advantage of franchising is that you are riding in an already successful business system. This is the reason why the franchising industry has a really low failure rate (around 10%). Everything is set, you just have to follow directions. Along with this successful business . . . → Read More: What Are the Advantages of Franchising? Most sought after franchise – McDonalds. Franchising is a contract. It is a partnership between a corporation and an individual. The contract is to use and capitalize on the company’s successful business model and/or it’s existing brand awareness (most often called Goodwill) for a faster return of capital. So that means if you start a franchise, . . . → Read More: Back to Basics: What is Franchising? This time we will handle control on food items, like those buns, burger patties, condiments, etc. It is relatively easy to control and account for the packed inventory, like bread, siomai portions or noodle packs because they are separated into portions, which can be easily counted. Like I said before from my last post about beverage inventory . . . → Read More: Avoiding Pilferage in Food Inventory This post will cover basic control of inventory, and we will tackle drinks. Beverages will most likely to increase your income to 200% if proper control is made. Why not? People can go to your food cart and just buy a can of soda and ignore the food. But rarely a customer will eat and don’t buy . . . → Read More: Avoiding Pilferage in Beverages Sample DTI Certificate One of the most frequently asked questions I get is about documentation, especially, “What are documents I need and will you apply those for me?” Most of the time the only needed documents are DTI registration, baranggay clearance and mayor’s permit, and these will be filed by the franchisee themselves and not by the . . . → Read More: Needed Documents and Permits for a Food Kiosk Franchise Put your food cart business in a high-foot traffic area, so this won't happen to you. For a business to boom, you need to be competitive in three areas, namely a) product pricing and quality b) service and c) marketing. Fail in one and the business will flop. Carefully choosing your location will take care . . . → Read More: It’s All About the Location, Baby! Compute your initial expenses! One of the mistakes some starting (and most of the time, enthusiastic) entrepreneurs tend to make is overlooking ALL of the start up costs, thinking that they should only pay for the franchise fee, nothing more. Yes, my franchising company offers food cart franchise for as low as Php21,888.oo, but that is not . . . → Read More: Know All of Your Start Up Costs! |
Mabuhay. My name is Rothman, also known as Kapalbility in the world wide web. I am the guy who maintains this blog. Hope that this blog will help you find the information you need about food cart franchising in the Philippines. You can also find me in here:
Contact me @ |
|
Franchise Philippines Food Cart Franchise Philippines Copyright © 2010 Food Cart Franchise Philippines - All Rights ReservedPowered by WordPress & the Atahualpa Theme by BytesForAll. Discuss on our WP Forum |
|
