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 Nowadays there are so many franchise concepts that offer you good business proposals but how sure are you that you are getting the right business deal that wouldn’t risk your hard earned money? New entrepreneurs are sometimes deceived by these fraudsters by showing them the all the good benefits of certain franchise promising easy money without them . . . → Read More: How to Avoid Franchise Scams?  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 half of . . . → 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 Php26,888.oo, but that is not . . . → Read More: Know All of Your Start Up Costs! |
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