Management

BA- 102

Members:

∞ De Leon, Eliana

∞ Domingo, Arlene

∞ Espinosa, Abegail

∞ Mendoza, Carl Ryan

∞ Tambobong, Jaira

Mr. Edgar Reyes

Professor

Store Manager: Renz Michael Corina

❖ Steps in Franchising Mini Stop

➢ Go to the main office.

➢ Go to the franchising division, ask for the outlet available.

➢ Ask for the price of the store and location.

➢ Etc.

❖ Amount of money needed in Franchising

➢ Before 1.5 million

➢ Present Value is 3.8 million.

-If you are going to renew the Contact, you will pay higher than the first payment in franchising.

❖ Who many years before the investment will come back?

➢ According to the store manager “ 5 years na tong nakatayo dito pero do pa nababalik yung capital”

❖ What is the Agreement?

➢ 10 years contract

➢ They should only get their products in “Robinson”

(Their business can be closed if they don’t follow the agreement that their products will be bought to the other distributors.)

❖ Why did they choose to franchise this kind of business?

➢ Its profitable

➢ It is know by many people.

❖ Why do you choose this location?

➢ It’s easier to get the permits in Marikina.

➢ The location is marketable.

Store Crew: Jho Gaor

❖ Steps in Franchising Burger Factory

➢ There will be a seminar about what product are you going to franchise at the main office in Makati.

➢ Training in how to make you products.

➢ They will show you how to use the machines.

❖ Amount of money needed in franchising.

➢ Initial payment is 60,000.

➢ Amount of franchising is 120,000

❖ How long before the capital come back?

➢ According to the store crew it will take only a few months to back the capital....