How To Franchise Aficionado

How To Franchise Aficionado  

TERM OF FRANCHISE: 3 years

FRANCHISING SINCE: 2004

APPLICATION PROCEDURE: Submit Letter of Intent

PREFERRED SITES: Malls & Commercial Complex

NOTE: Rates are subject to change without prior notice.

EMAIL US:aficionado_franchise@yahoo.com

Website: http://www.aficionado.com.ph/

Dont' Forget To Share This Post

&

                                      

Like The Article You Read? 
Enter your Email Address to Subscribe For New Posts:

Read More

What Do You Know About Franchising?

Thinking of going into business? Not sure though of what business to go into? Let alone the product, the service or what marketing you should employ to your own business?

What about Franchising?

I’m sure most of us who are looking into getting into the business side has one way or another, thought of franchising first before we dive into the deep realm of putting up our own business. Why not? If Franchising would help us to learn more about running a business without the added stress of coming up with your own product or service to sell, a business system that you can rely on to make your business work. It’s like Franchising gives you the advantage of having a lifeline in case you would always need one as you can ask for guidance and support from the Franchising company you choose to partner with.

But one must first understand what Franchising is all about. Franchising is considered as one of the three business strategies that a company may use in capturing a market share , that is from a company’s viewpoint. It is a company’s business strategy to acquire new customers as well as keep customers, a way to expand and further distribute their products and services to wider reach of market. That is why Franchising is offered by companies for those entrepreneurs who are looking to capture a slice of the market they are sharing. 

According to the International Franchise Association (IFA), franchising is defined as an agreement or license between two legally independent parties which gives:

• A person or group of people (the franchisee) the right to market a product or service using the trademark or trade name of another business (the franchisor)
• The franchisee the right to market a product or service using the operating methods of the franchisor
• The franchisee the obligation to pay the franchisor fees for these rights
• The franchisor the obligation to provide rights and support to franchisees

In short, franchising can be defined as a strategic alliance between groups of people who have specific relationships and responsibilities with a common goal to dominate markets in order to keep and get more customers.

                     

                                      

Like The Article You Read? 
Enter your Email Address to Subscribe For New Posts:

Read More

MLM or Network Marketing: Are They The Same?

photo credit to remibadozi.com

When you are looking for a business opportunity whether an online business or not, you would always encounter these, MLM or Network Marketing Opportunity. Many of you must have done research on what it is and some of you must have done it, still doing it or contemplating in doing it.

So, it is just as important to know if MLM or Network Marketing are just the same or not?

MLM known as Multi-Level Marketing is also known as “network marketing”. It is a legitimate business model that uses several ways of selling goods or services through independent distributors of the company such as referral program or direct selling methods. Independent distributors do not receive salary, they are compensated through commissions based on the sale of products coming from their own sales as well as from the sales of those independent distributors they have referred to the program and the team they are supporting.

But most people confuse MLM/Network Marketing with pyramid scheme. Legitimate MLM companies’ base their compensation on the amount of products sold and not on the mere act of recruiting. Selling the products or services should be main activity within an MLM company not just by making profit from recruiting distributors as a way to earn money.

MLM can also be known as direct selling, affiliate marketing or home based business franchising plans  as it does entail several methods in different programs that would market its products and services effectively. As long as its focus is on distributing products or offerring services and not on recruiting people, the MLM company is a legit business.

                     

                                      

Like The Article You Read? 
Enter your Email Address to Subscribe For New Posts:

Read More

5 Online Business You Can Do

Thinking of how to start your online business but not sure what kind of online business to get into? Read along to get as much information you need to jumpstart that kind of online business you might have been wanting to do even on your spare time.

Almost everyone is online most of the time while at home, even at work or anywhere as long as there is an internet connection. They can use their mobile phone or tablets or netbook to get online. Mainly the reason why most businesses are marketing their businesses online and there's so many kinds of online businesses sprouting over the interenet. Finding the one that will work for you and that will not take so much of your time if you are just planning to do this on a part time basis could be a daunting one that could stop you from even starting it.

So I have put up a list 5 part time Online businesses that you can try doing and see for yourself if you can get along with it and make it as one of your sources of income. You never know but it might turn out to be your biggest source of income over your salary right now in a few months time. Just like other people who are making money online and has been their main source of income to pay for their mortgages, loans, bills and food on the table as well as their savings and a luxurious lifestyle.

I'm sure with all these running in your head, you'd want to know what are these 5 part time online business you can do.So here it is:

1. Information Marketing

     

     Why are you reading this article in the first place? Simply because you were looking for an answer to your question about online business right? People like you would normally go online to search for information, for answers to whatever question you have in mind and anything that you find interesting that will answer your question will be valuable for you. 

You know that not all the information that you want, you can get it free online. There are instances wherein you have to pay the person who has the information or  answers that you need for you to have it. That is what Information marketing is all about. 

We have our own fields of expertise. I may be good in writing stuff about MLM or Online businesses but you might be good in writing about fashion or golf or anything about your hobbies or work related stuff. You can offer what you know and sell it to people who needs it and this could be in the form of E-books, Videos or Audios and you can start earning from it.

2. Affiliate Marketing

This is the easiest and possible the effortless way of making money online if you know how to do it.

Why? Because you get paid without interacting with the customers, closing the sale and processing the sale. All you do is refer or recommend someone else's business then you get a referral commission for sending customers to their sites (vendors) that are set up in a program that will pay affiliate fees once a sales is made through your referral.

The vendor is the one responsible for everything, from selling to purchases and customer related issues and you get paid for referring that customer to their site, that's it!

This might sound really easy but I would suggest that you choose the affiliate program that you are passionate about or that you find yourself useful for other people that's why you are going to recommend it. It would be much more fun and rewarding on your part recommending vendors if you believe in their products or services as well. You should laso consider their commission structure and take advantage of those who are generous enough paying you high commissions.

3. Sell Online

There is a lot of online marketplaces where you can sell your products online either old stuff or new stuff. You can use ebay to sell your products and start with things that you are no longer using. At least you would still be able to earn even from old stuff and help you clean out your space in the house.

Selling online is much smarter rather than renting a place paying rental charges and salaries to your staff to sell your products without the security of having customers that will buy your products. When your products are online, there is a greater chance for you to be found as long as you know how to market your product online. No rental charges and salaries to worry about even if it does not sell while you are still establishing your presence online.

4. Blogging

Love writing? I'm sure this is not the first time you will hear about this,you can earn from writing. Writing online or Blogging as what they call it is the most popular way to make money online.

Find a topic that you are interested in or write about your hobbies such as biking, fashion,shopping,movies or anything that you will be comfortable writing about. 

As soon as poeple start reading your blogs and you are driving traffic to your site, you can sign up for adsense(Google's ad revenue sharing plan) or actively by doing a little bit of affiliate marketing. Then you will start earning from those ads or from your affiliate marketing.

5. Freelance Services

You can work from home online as a Freelance Service Provider. You can offer professional services in photography, web design, programming or become a virtual assistant with skills such as sales, customer service.

You can use Odesk as a platform where you can apply as an independent contractor and get hired to do jobs for employers who are looking to outsource people to do the work.

So that's it, you can try doing one or two or all of them and see which once will work for you while creating your online business at home.

                     

                                      

Like The Article You Read? 
Enter your Email Address to Subscribe For New Posts:

Read More

Chowking Franchise

Chowking launched its franchising program in 1989 when the company was only 4 years old. For a young company with limited resources, franchising was the rational route to expansion. It enabled the company to penetrate new markets and extend its reach, without straining its resources. At the same time, franchising provided a business opportunity to local entrepreneurs insearch of a promising investment.

The Chowking franchising system is founded on the philosophy that franchisees are business partners, co-owners of the company and members of the Chowking family.As business partners, they are provided with a support package that includes operational services, logistics, manpower training, marketing , national advertising, and other important services necessary to give them a better chance at success.

The franchising process starts when the company receives an expression of intent to apply for a Chowking franchise. A thorough and comprehensive evaluation of the merits of the proposed store site and the qualifications of the franchise applicant follows. If the site is deemed promising and the franchise applicant is considered qualified, plans for store construction are set to motion. While construction is going on, the company provides technical support to the franchisee and assists in the selection and hiring of the required manpower. Orientation and training of the newly-hired personnel completes this cycle.

Once the store is operational, the company’s operations personnel pay it periodic visits to ensure that quality is maintained, prescribed procedures are followed, and FSC standards are met.

For the duration of the 10-year franchising contract, the franchisee receives from the company a package of services that includes logistical and marketing support, as well as a continuing training program for the store managers, kitchen staff and service crew. It is a company policy to require all franchisees and managing directors to familiarize themselves with the operations manual and to take part in the training program especially designed for them. As members of the Chowking family, franchisees are expected to take part in company-organized activities that not only keep them posted on business updates but also reinforce bonds and strengthen lines of cooperation. At the end of the 10-year franchise period, franchisees in good standing may be awarded an extension of another 10 years.

Required investment: P9 to 13 Million
Inclusive of:

1. Franchise fee of P1 Million
2. Kitchen facilities
3. Construction and finishes
4. Furniture and fixtures
5. Signage and others

Franchise Benefits

1. Established brand name and a proven formula
2. Site selection and construction
3. Operational and management Support
4. Comprehensive Training support
5. Effective Advertising and Marketing Programs
6. New Products and Product Development
7. Accounting and Control System

Expected ROI: 3-4 years

Typical store size: 250 to 300 sq.m.
Franchise duration: 10 years, renewable

Contact details:

Business and Franchise Development Dept.
33/F Jollibee Plaza 10 F. Ortigas Jr. Ave
Ortigas Center, Pasig City
Tel: (02) 634-1111 locals 5272, 5273
Fax: (02) 634-1182

Read More

McDonald's Franchise

For over 50 years, McDonald's has been giving opportunities to people who share the same vision of serving great tasting quality food fast through franchising. More than 80% of McDonald's restaurants all over the world are owned by franchisees.

In the Philippines, McDonald's opened its doors to franchising to Filipino entrepreneurs in 1985, and has since expanded its network to over 150 franchised restaurants with more than 65 franchisees (most have been part of the McDonald's Family for around 10 to 15 years!). 

Giving you more reasons to say “Love ko ‘to”

McDonald's franchisees, also called Owner/Operators, play a major role in the System's success. Choosing McDonald's means joining the force behind one of the world's most successful and most loved brands and becoming part of a global network of successful and motivated entrepreneurs.

As a McDonald's Philippines Owner/Operator, you gain the following advantages:

1. World class training to deliver world class service and business success
2. Extensive support system to cover all aspects of the business, which includes operations, supply chain, and marketing support throughout the entire franchise term
3. Access to world class suppliers that provide the necessary goods and services that go into great-tasting food and excellent services that customers enjoy
4. 100 percent customer awareness of the world's leading fast food restaurant
5. A peer network of over 65 franchisees locally, and the McDonald's network of over 27,000 employees nationwide

McDonald's continues to be recognized as a premier franchising company around the world. The fact that McDonald's management listens so carefully to and collaborates with our Owner/Operators has a lot to do with that success.

McFranchise Fast Facts:

Owning a Franchise

• We grant franchise to an individual on a sole proprietorship basis.
• We award the franchise on a per restaurant basis. We don't offer it on a territorial or geographical basis.

Site Selection

• McDonald's chooses the site and does feasibility study on the potential site. The sites are thoroughly studied, evaluated and we do traffic counts systematically. Application for the site and the franchise is treated and processed separately and independently from each other.

Franchise Terms

• The term of the franchise is good for ten (10) years or the term of the lease whichever is shorter.

Kinds of Franchise

• The required investment cost on the part of the franchisee will depend on the kind of store or site that will be offered to him by the Company. In relation to this, we basically franchise in three (3) ways:

1. The Company awards franchises for a new site or restaurant.
2. The Company awards franchises for an existing restaurant owned and operated by the Company.
3. The Company awards franchises for an existing restaurant owned and operated by a franchisee who would want to sell his or her McDonald's restaurant.

Cost of Investment

• Investment typically ranges from P30 to P50 million with the assumption that the land is leased. This covers the following costs:

1. Architectural Planning and Design Fees
2. Building and leasehold improvements and other relevant site works necessary
3. Kitchen, air-conditioning and exhaust equipment
4. Cash registers
5. Emergency generators
6. Seating, signages and décor
7. Other furniture and fixtures
8. The above costs depend on the following factors for consideration:
9. Restaurant size
10. Suitability of existing building
11. Site location whether provincial or within Metro Manila
12. Equipment specifications involved based on the kind of menu offering (regular or limited menu line). In all cases, however McDonald's specifies and approves the menu offerings.

For further details and instruction, please contact:

The Franchising Department
17th Floor, Citibank Center Bldg., 8741 Paseo de Roxas St.,Makati City.

8888-500 loc. 5000

Franchising.admin@ph.mcd.com

Read More

Jollibee Franchise

Joining the Jollibee Group is a winning investment . Through the years, we have developed into a company with the image that prizes customers above anything else. This is due to the fact that we are always up to date with current consumer trends, keeping a keen eye to what our customers are looking for. We constantly introduce new products, we keep in touch with our customers through various programs and promotion and we develop marketing campaigns that touch our customers’ sentiments.

At present, there are more than 600 Jollibee stores in the Philippines. More than half of these are operated by franchisees. However, demand does not wane and opportunities still abound in various regional operations in and around Mega Manila, North Luzon, South Luzon and the Visayas-Mindanao areas. Market opportunities extend to territories abroad. Currently, Jollibee operates 26 stores in the USA. It is also present in Brunei, Hong Kong, Saudi Arabia & Vietnam.

Application Requirements

If you have…

Good community standing
Strong leadership and people-handling skills
Willingness to devote time in managing the restaurant
Can successfully complete the required training program.

… then you have what it takes to be a franchisee of Jollibee!

Apply now for Jollibee franchising! Just follow these steps:

Download and print a copy of the Franchise application form.
Please make sure to fill-out the form completely.

Prepare a proposal containing the following documents:

• Letter of Intent – containing the exact address of your proposed site, your exact mailing address, contact numbers, etc.
• Vicinity Map of Proposed Site – that will more or less guide our field personnel who will go there and conduct an on-site evaluation.
• Legal document certifying applicant’s ownership of the site.
• Detailed resume or bio-data.

Mail these documents to:

JOLLIBEE FOODS CORPORATION
Franchising & Events Department
9th Floor Jollibee Plaza
#10 F. Ortigas Jr. Road
Ortigas Center, Pasig City 1605

Upon receipt of application, this will take 2-3 months of processing. However, submission of an application form does not obligate you or Jollibee in any way. It is just the first step in the application process, which is an evaluation of your proposed location.

Jollibee franchise ranges from 15M to 30M (USD266,445.00 to USD532,890.00).

Details of investment cost, return of investments and other franchising details will be discussed with you once your application has been approved.

Read More