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Author Topic: How to Choose a Franchise !  (Read 153103 times)

Pinoy Networker

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Re: How to Choose a Franchise !
« Reply #30 on: November 05, 2006, 01:55:41 pm »

HACCP is hardly "madugo" since you are in control of your process all the way.   You can customize it to make your operations faster.   In fact, if you start your business with HACCP in mind, you can realize future savings that is potentially bigger than your capital.


Medyo na-relate ko kasi sa ISO procedures dati sa corporate wherein halos every move mo must be documented.  Before I left, the company was aiming for yet another certification na mas madugo rin requirement for standardization. Nalimutan ko yung name pero American counterpart yata ng ISO (which is British?).  Anyway medyo nakondisyon kasi mind ko sa ISO na medyo mabusising process.

During that seminar sa Mega marami naman talaga good points ang HACCP.  Isa dun is for manufacturers to achieve product traceability when something goes wrong with some products.  Halimbawa may na-food poison sa isang area or may nakuhang bubog sa loob ng product.  Having those lot number thingeys  ;) makes product recall easier.

BTW, isa sa mga prescribed changes to control spread of microbes is the use of foot-operated faucets.  Medyo magastos  yata ito for some, di ba?  Pwede ba yung lever-operated (up/down) na lang?  At least you don't have to use your hands to turn on/off?

 :)
 

Jesse_M

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Re: How to Choose a Franchise !
« Reply #31 on: January 17, 2007, 11:07:09 am »
hi rhina!

im jesse tanong ko lang kasi gus2 ko mag franchise ng purefoods hotdog cart baguhan plang kasi ako. ok lang b sa baguhan mag franchise ng ganun tsaka sa sm ko ilalagay. may m ipapayo k b sakin. And to all people n rin n gus2 mag bigay ng payo bka may maganda kau idea dyan.

thanks

Ramon Laureta

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Re: How to Choose a Franchise !
« Reply #32 on: February 02, 2007, 06:01:00 pm »
hi sir,
im very impressed with your wide knowledge on food franchising.  ive been thinking of starting my own biz thru franchising.
will you be kind to give me some info on PANWICHES franchise.if im not mistaken the head office/commissary is in davao city. how ligitimate and stable the company is. its jst ok if you dont cater with this kind of questions in this venue.

God bless.

mon

blew_crush

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Re: How to Choose a Franchise !
« Reply #33 on: April 17, 2007, 04:49:30 pm »
hi,

im new to franchising if ever i start one although im a bsba graduate and i have background in business. can anyone tell me what it's like to franchise and run a food cart with siopao, siomai products and how to keep track and monitor everything and any suggestions?

thanks.

PinkDotCom

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Re: How to Choose a Franchise !
« Reply #34 on: June 24, 2007, 05:55:12 pm »
Hello Everyone :) My name is Ched. My best friend and I are planning to franchise, food business. We have researched already and our target is to put the business in call center cafeterias. Does anyone have any ideas how can we contact them? thanks...


samitane

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Re: How to Choose a Franchise !
« Reply #35 on: July 13, 2007, 12:17:54 am »
Hi! I am Sammie (f) and a newbie here.  I am only 21 years old and my friend and I are planning to franchise. I am actually learning lots from all of you.

Anyway, this would be the first time we'd be doing this. I am actually nervous but my hopes are high. I always wanted to set up my own business. We are actually planning to franchise KISS,  the fishball food cart and set it up in our office building. I would just like to know if you have any tips about this especailly if you know something about KISS per se.

Thank you so much!

dingdatoy

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Re: How to Choose a Franchise !
« Reply #36 on: July 20, 2007, 01:52:17 pm »
Hi everyone!

Just recently registered here and it was a great learning from all of you (Rhina, Gerel, Denjie). Am planning to franchise food carts from Filterpreneur (Pinoy Pao, Jack's, Sloppy Hotdog, etc.) Does anyone have experiences from Filterpreneur? Denjie's experience is frightening. I would appreciate much for some advices.

Regards,

Ding

orangeranger

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Re: How to Choose a Franchise !
« Reply #37 on: September 13, 2007, 09:26:13 am »
hello do you have any idea of how much is the rental fee in malls.... 

rhina

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Re: How to Choose a Franchise !
« Reply #38 on: September 13, 2007, 11:56:11 pm »
prices differ accdg to locations.. but on the average its about 30K

Anewor

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Re: How to Choose a Franchise !
« Reply #39 on: September 20, 2007, 03:07:50 pm »
Ms. Gerel,

Good day.

I'm interested in ogie dogie hotdog stall. Do you have any idea how much is the franchise fee for ogie dogie? Kindly give me some information like contact numbers of ogi dogie if you have. Thank you for your time.

Anewor

GerelRoa

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Re: How to Choose a Franchise !
« Reply #40 on: October 05, 2007, 09:49:18 am »
Ms. Gerel,

Good day.

I'm interested in ogie dogie hotdog stall. Do you have any idea how much is the franchise fee for ogie dogie? Kindly give me some information like contact numbers of ogi dogie if you have. Thank you for your time.

Anewor

Hello,

I am not directly in congact with Ogie Dogie.  You can inquire with the Philippine Franchise Association since I think they are a member there.

Cheers!

Gerel

Gil Espiritu

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Re: How to Choose a Franchise !
« Reply #41 on: October 06, 2007, 01:02:00 pm »
I'm sharing this to all people who wish to franchise... Just to give you some ideas.;)

How To Choose A Franchise
By Janet Attard

You'd like to go into business for yourself, and believe that the best way for you to become your own boss is to buy a franchise. You know it will takes time and money to be successful, and that's OK. But which franchise should you buy? Which makes the most sense for you?

Here are some criteria that can help you make your decision:

1. What products or services would you enjoy selling?
What industries do you like, or dislike? Your best bet is to find a franchise in an industry you know at least a little bit about. All too typical is the case of the Chicago car salesman who decided to change careers and go into business for himself. He bought a basement waterproofing franchise but then found the business boring. He wanted to sell it, but sales weren't as high as he had expected they would be and he had trouble finding a buyer. He was stuck paying off the franchise fee and working at a business he didn't enjoy.

2. How much money do you have available to invest?

The amount of money you have available to invest in a franchise is an important factor. If you've only got $30,000 and the minimum investment for a specific franchise opportunity is $90,000, the opportunity isn't going to be right for you, no matter how much you like the company.

3. What's the total cost of purchase?
The franchise fee won't be your only expense. Find out what you can expect to pay for advertising, training, inventory, insurance, and all other costs in addition to the franchise fee and royalties.

4. How well established is the franchise?

How long has the franchise been in existence? Have they been in business for many years or are they brand-new? How many other franchises have they opened and where are they located?

5. How stable is the franchise?
What is the background of its officers? (Any history of litigation or bankruptcy of the franchise or its officers is supposed to be included in the disclosure document.)

6. What kind of track record does the franchise have?

Have most of their franchisees been successful? Names and addresses of franchisees in your state should be provided before you sign any contract. Call the people on the list and ask about their experiences.

7. What training is available?
Ask what training and support will be provided as part of your franchise fee. Will you get step-by-step instructions and hands-on training? What kinds of manuals and other materials will you get?

8. How close to your store can the franchisor let another franchisee set up shop?

9. Will you be required to purchase supplies or products from the parent company?
If so, compare your cost to the local retail prices of the same goods. There have been instances where the price from the franchise company for goods was higher than the price of the same goods in local retail stores. Selling anything under such conditions would be quite difficult.

10. What do the contract terms say about ownership? Can you sell out to someone else if you wish?
If you want to continue when the contract expires, will it be automatically renewed? Will you be able to convert your store into an independent operation if you should want to?

11. Determine how disputes will be handled should they arise.
Watch for clauses requiring arbitration in the franchisor's home state if it is different than yours. Should a dispute arise, you'd have to travel to that state for arbitration hearings.

12. What criteria does the franchise use in selecting franchisees? Do they do any screening? Or, do they seem more interested in getting your franchise fee?

13. Does the franchise use high-pressure sales techniques to get you to sign on the dotted line?
14. Do you like the people you are dealing with?

15. How big is the market for the franchise's products or services in your area and how much competition is there now?

Janet Attard is the author of The Home Office and Small Business Answer Book.


More information about the author

https://www.businessknowhow.com/about/janetbio.htm

benbalbon

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Re: How to Choose a Franchise !
« Reply #42 on: October 23, 2007, 08:47:11 am »
Thank you so much for the information. I'm planning to franchise siomai house. I called them up and asked some questions. They couldn't even answer my question, when I asked them how long is the company operating? They told me its confidential.

rhina

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Re: How to Choose a Franchise !
« Reply #43 on: October 26, 2007, 04:25:11 am »
I think before they could give you info baka dapat meron ka munang letter of intent...

miniwanderer

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Re: How to Choose a Franchise !
« Reply #44 on: December 13, 2007, 05:58:16 pm »
Hello! Tanong ko lang po kung may kilala sa inyo na FranCon, Inc. franchising developer daw po sila. Okay po ba sila o hindi?

 

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