Philippines Franchise » Acquisition http://www.philippinefranchise.net Philippines Franchise Opportunities Mon, 19 Dec 2011 21:12:36 +0000 en hourly 1 http://wordpress.org/?v=3.3 Franchise Business in 2011 http://www.philippinefranchise.net/franchise-business-in-2011/ http://www.philippinefranchise.net/franchise-business-in-2011/#comments Fri, 31 Dec 2010 03:16:00 +0000 admin http://www.philippinefranchise.net/franchise-business-in-2011/

Happy new year to everybody! 2010 is certainly a banner year for the franchise industry, lots of news and happenings but none can top the?headline?being the acquisition of fast food giant Jollibee Foods Corporation of bitter rival Mang Inasal for a whooping 3 billion pesos from Mr. Edgar “Injap” Sia II and he still?retains 30% ownership. Now that’s a?success?story that will inspire entrepreneurs everywhere to be the next Mang Inasal.

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Franchise Business in 2011

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]]> http://www.philippinefranchise.net/franchise-business-in-2011/feed/ 0 McDonald Franchise http://www.philippinefranchise.net/mcdonald-franchise/ http://www.philippinefranchise.net/mcdonald-franchise/#comments Sun, 08 Feb 2009 14:31:15 +0000 admin http://www.philippinefranchise.net/?p=51 The financial requirements vary depending on the method of acquisition.

An initial down payment is required when you purchase a new restaurant (40% of the total cost) or an existing restaurant (25% of the total cost). The down payment must come from non-borrowed personal resources, which include cash on hand; securities, bonds, and debentures; vested profit sharing (net of taxes); and business or real estate equity, exclusive of your personal residence.

Old School Mickey D's
Image by theotherway via Flickr

Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Generally, we require a minimum of $300,000 of non-borrowed personal resources to consider you for a franchise. Individuals with additional funds may be better prepared for additional or multi-restaurant opportunities.

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