Submitted by: Submitted by jailoveskris
Views: 150
Words: 352
Pages: 2
Category: Other Topics
Date Submitted: 02/26/2013 05:04 AM
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....