Philippines Franchise » Wikipedia

The Downside to Owning a Franchise

admin — Wed, 09 Mar 2011 13:17:39 +0000

Franchise opportunities exist all over the world today. In fact, franchises are essentially what the whole world is made up of if one is to truly think about all the different opportunities that exist. Considering the fact that one company alone probably has thousands of franchises already located in the United States and around the world, it is definitely safe to say that over 5 to 10 million franchise outlets exist throughout many parts and corners of the world! There are definitely advantages to owning your own franchise of a company because it is essentially like owning a smaller portion of the company itself. Franchise owners get to keep most of the profits that come into their business in exchange for usually a modest royalty fee of their profits that get sent back to the company headquarters.

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On the other hand, though, there can be some downsides to owning a franchise. The first downside to owning your own franchise is that you won’t actually own your own company even though you’ll own your own store or other company location! Many people have the desire to actually open up their own store and create a company all by themselves, but owning a franchise is not what that’s all about.

In fact, you are essentially paying for a copyright allowance to be able to use the reputation of the company that you’re working for! Indeed, by owning a franchise you are essentially working for that company. Why else does McDonald’s or Burger King require part of the profits from your franchise? A franchisee owner is essentially working their franchise location in order to send more profits back to the company headquarters, even though that’s not the way that many would like to think about it.

Another downside to owning a franchise, though, could possibly be the contract that you’ve locked yourself into. Considering the fact that the average contract length for a franchise store owner is usually 15 to 20 years at the onset it would truly make it difficult to get out of if a franchise owner was having trouble getting the popularity of the franchise store off of the ground in the first place. Furthermore, there may actually be hefty breach of contract fees as well if, in fact, your franchise doesn’t do as well as projected and fails within the first few years!

The help and resources that a franchise owner might receive from the company may not be worth everything that is paid to the company headquarters as well! Many company headquarters actually have giant startup fees, annual fees, and royalties that must be shared with them, but if the franchise store owner is not able to get adequate help or training then the whole opportunity may be lost in the first place.

Considering all of these things before going down the road of opening up your own franchise is very important. Not only is it important to make sure you understand all the implications of owning a franchise, but making sure one understands the total commitment is also important!

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KFC Philippines Franchise

admin — Fri, 13 Nov 2009 22:57:34 +0000

In the early 1960s, the KFC franchise totaled 600 stores in the U.S. and Canada. In 1964, Sanders sold his share for $2 million to a group of investors, turning KFC into a fast-growing corporation.In 1986, KFC was purchased by PepsiCo Inc. and was placed under its restaurant company Tricon Global Restaurants. In 2002, Tricon changed its name to Yum! Brands, now the largest restaurant company in the world with 32,500 stores in more than 100 countries.

KFC started its operation in the Philippines in 1967. On June 1994, Manuel U. Agustines obtained the sole franchise over the sale and distribution of KFC products in the Philippines, under the corporate name of Quick Service Restaurants (QSR) Corporation.

KFC Contact Information

Corporate Address:

KFC Customer Care

7th Flr. RAMCAR CENTER

80-82 Roces Avenue

Diliman, Quezon City

Customer Care Hotline on (0920) 962-3783

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Dunkin Donut Franchise

admin — Thu, 09 Apr 2009 10:55:43 +0000

Dunkin’ Donuts franchise investment opportunities are available for both individuals and corporate investors interested in purchasing store development agreements for five or more units. From a five store development agreement, to unique opportunities to own and operate an entire market, you’re certain to find the right Dunkin’ Donuts franchising venture for you.
More Info about Dunkin Donut Franchising here.

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7 Eleven Franchise

admin — Sat, 04 Apr 2009 01:38:41 +0000

7-Eleven® is the leading convenience store chain in the Philippines for over 25 years, and became the country’s first franchisor in convenience retailing when we awarded our first franchisee in 1998.

Today, over 90 stores are operated by our Franchisees; entrepreneurs and business partners who are dedicated to giving 7-Eleven® customers what they want when they want it.

7-Eleven® provides:
• a reliable, fresh assortment of high-quality products
• speedy transactions
• every day fair prices
• a clean, safe and friendly environment to shop.

7-Eleven® provides an opportunity for entrepreneurs and business partners to operate their own convenience store with the leading name in the business. If you are a goal-oriented individual who wants to grow with a well-established retailer, we invite you to take a look at what the 7-Eleven® franchise system has to offer.

CONTACT INFORMATION

The Franchise Manager
Philippine Seven Corporation
7th Floor, Columbia Tower,
Ortigas Ave., near corner EDSA,
Mandaluyong City
Philippines
Hotline: +63 (02)726-9968
Fax : +63 (02)705-5229
Mobile : +63 (920)950-8651
email: franchising@7-eleven.com.ph

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Subway Franchise

admin — Sun, 29 Mar 2009 14:22:21 +0000

The SUBWAY chain is always looking to expand its team of franchisees, so if you are interested in being your own boss and building your own business with a helpful, competent and successful network of support,then the SUBWAY system is right for you.

: Image via Wikipedia

Contact Information
Philippines/Guam

Subway Systems Singapore Pte. Ltd.
Sue Sim (Soo Pheng)
77 Kampong Bahru Rd
#02-01
Singapore
169376 SINGAPORE
Phone: +65-6227-2557
Fax: +65-6227-7239
# Phone: +65-6227-2557
# E-mail: asia_leads@subway.com
website: http://www.subway.com/

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Jollibee Philippines Franchise

admin — Sun, 08 Feb 2009 19:36:33 +0000

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

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.

Jollibee Philippines Franchise Contact Info:

JOLLIBEE FOODS CORPORATION
Franchising Relations & Internal Events Department
5th Floor, Jollibee Plaza Building
#10 Don Francisco Ortigas Jr. Road, Pasig City 1600
website: http://www.jollibee.com.ph

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