Franchising Business Opportunities

Many people todays thinks to put up business.  It is hard to think of type of business that will be profitable. But of course, definitely many people are a food lover that’s why more and more businessmen open a food business.

food cart franchisingLet’s see some of available franchising business:

  • Santino’s Pizza.  This franchise opportunity is one of the best for starters. It has over 50 outlets available nationwide. Their menu is easy to prepare and their pizza is very affordable for just Php25 per slice. There is high revenue potential. It cost Php280,000 in capital for 2 year franchise contract plus a Php50,000 as refundable deposit and another Php5,000 monthly support.
  • Adobo Connection. They serve different varieties of adobo, considered the main dish for all the Filipinos wherever they may be. This fast food chain requires around 4M to 6M initial capital. The company trains the manager and staff of each store to ensure that each franchise will become successful as the rest of Adobo Connection locations.
  • Lady Christine’s Baby Back Ribs. At first, this restaurant is designed to be a take-out counter but after a proven success, the owner decided to transform the business into a restaurant. Their menu is a mouth-watering baby back ribs.  The cost of franchise is P500,000 to 1 million depending to the type of franchise.
  • Pizza Pedrico’s. It considered as certified franchising success because it has been dominating the market for foodcart pizza businesses and it has more than 300 food carts and kiosks scattered nationwide.  The pizza they served contains four varieties such as cheese, ham and cheese, chorizo and cheese and sausage and cheese in one box. Filipinos enjoying the 3 flavors in one seating. The cost of their franchise is around Php400,000 which includes the food cart, initial supplies, basic equipment, utensils and marketing materials.
  • Lembest Lechon. It serves lechon manok which considered one of the most popular foods here in the Philippines. Filipino people loves lechon manok that’t why there would always be enough room for more lechon manok businesses in the market.  The initial capital investment is around Php400,000 to Php500,000. The owner assures that return of capital is possible faster than expected because the expected monthly income of each franchise could be about Php30,000 to Php150,000.00

 

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Jollibee Franchising

Jollibee is one of the famous fast food chains here in the Philippines.  Entrepreneurs and businessmen wants to franchise a stable business such as Jollibee that’s why more and more are inquiring how to franchise Jollibee restaurant.

Here is some information on franchising Jollibee:jollibee franchise

  • Of course, the initial step is to fill up franchise application found in their company website. You can download this form.
  • After filling out the form, you have to prepare a proposal for application which include the letter of intent which contains the address of the proposed site with contact number and mailing address.
  • Also, a vicinity map of the proposed site should be prepared so that Jollibee Field Personnel will visit for the site evaluation.
  • Legal documents certifying the ownership of the site as well as up to date detailed resume will also be submitted.
  • Usually, the processing takes 2 to 3 months upon receipt of the application but it does not secured you as franchise owner because the support team has to evaluate the proposed location before making an approval.
  • The cost of Jollibee franchise varies depending the size of the store but it usually cost 15M to 30M which is $266,455 to $532,890.
  • The construction of store, kitchen equipment and facilities, air conditioning system, signage, and pre-operating expenses are includes upon investment of franchise.
  • There will be training that takes place both at the headquarters and main branch as well as on site once the store has been built and Is fully stocked and ready for operation.

 

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Example Proposal – Restaurant Business

An Example of a Proposal

Title: Establishment of a McDonald Branch Along Nicanor Reyes Street Sampaloc, Manila

restaurant proposal
Date: June 25, 2007
To: FilipinoTraders Inc,
FromL Cormegmar Economic Consultancy
Subject: Establishment ot a McDonald Branch Along Nicanor Reyes Street Sampaloc, Manila

Part of my job as public relations director of CORMEGMAR ECONOMIC CONSULTANCY is to propose to big business establishment s an expansion of their business interests. Having been notified that your company plans to engage in anther business venture, I offer you with optimism this proposal

The food centers at the university belt could not accommodate all the customers especially during peak hours, the area being thickly populated by students, professionals and permanent residents.  Not one of the food centers merits a class A category, most of them being classified only as C or D. In fact, on special occasions, many residents go as far as Makati to dine with friends and loved ones because no food center in the place merits the occasion.

To remedy this problem, I propose that you choose the area along Nicanor Reyes Street for your business expansion.  This proposal details the problems, the solutions and the cost.

The Problem

With an 8.5% inflation rate, life is becoming more difficult each day.  This is aggravated by the 80% unemployment and under employment.  With this scenario, choosing a business and its location poses a problem among entrepreneurs.  Some of the major problems that may be met are the following:

  • Kind of business. What kind of business will one engage in?
  • Location. What is the best location for a business?
  • Cost of land. Where can one find the cheapest land?
  • Security. Is If safe to engage in business there?
  • Financial reward. Will one be financially merited in such business?

Businessmen should solve the problems.  They must be sure that their venture will be financially rewarding.

The Solution

The problems of aforementioned can be solved

  • Kind of business.  Man can forego almost every thing except food, it being necessary for survival.  Men have to eat and they do everything to fill in their stomachs even to the extent of stealing to satisfy their hunger.  This fact makes the food business rewarding.
  • Location. The best place to establish a food center is the university belt because of its immediacy to colleges and universities, hospitals, public and private offices and residences.
  • Cost of land. The Php 20,000 per square meter of land is comparative low since the current price of land in the area is Php25,000.  The lot owner will leave for the United States for good and the property has to be disposed immediately.
  • Security.  This is a major consideration of a business enterprise.  The McDonald Branch along Jose Reyes is very secure because of several establishments around. Policemen are assigned to secure the place on a 24 hour routine.
  • Profitability. The ten million population in Metro Manila concentrate in this area.  Statistics show that about two million live in the place.  Since food centers cater to people, McDonald along Nicanor Reyes St. will be the most patronized branch of the food chain.

The Cost

Establishing a food chain is not easy but the proposed center is not very costly as shown in the list below:

Land – Php40,0000,000
Building – Php 3,000,000
Equipments – 500,000
Total Cost – Php 43,500,000

Conclusion

This proposal has shown the viability of establishing the McDonald branch along Jose Reyes St. Sampaloc, Manila.  There is no better place than the U-belt. There is no better business than a food center. There is no better time than now.
I will drop by later this month to discuss any question you might have about the proposal.

(source: Technical Writing by Obnamia, dela Crys and Aquino)

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Business Proposal Letter Sample

June 11, 1990

Dataware Corporation
San Mateo Subd.
Pampanga City

Mr. Eymard R. Navarro
Kyla Grace Corporation
Cabanatuan City

Dear Mr. Navarro:

Our company would like to offer you a system that will cut the costs of your company by 50 percent.  Several companies proved that our products will reduce their expenses by 50% and I believe that this is also suited to your company. Our products will save money, time and effort.

We will evaluate your current system and determined how it can be improved your traditional processing of data and information.  We have helped several companies cut down their expenses such as on printing, personnel overtime, stationary cost, and many more.

The enclosed business proposal will show you the details of our product and how it will help your company. It also includes the works we have done for other companies similar to yours.

I am confident that we can come up with a plan that will help your company to save money. I assured that this will be the best decision to make more profit. I will call you to schedule our visit to your office and discuss the possibility of working together.

Very truly yours,

Joanna Grace Cruz

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Restaurant Proposal Ideas

If you want to attract more investor, you should write a winning proposal which shows that you know how to open and operated a restaurant business.
Your restaurant business proposal should provides your restaurant concept, market research, marketing plan, projects, start up cost, operating costs, budget experience and other support documents.

The following are some of the ideas to be included in your restaurant proposal

  • Cuisine and menu items.  Of course, your restaurant should have unique menu item and cuisine that will attract your target clients or customers.
  • Target Audience. Know the demand of your restaurant to marketplace and back it up with data and research.
  • Competitors – Identify your competitors in terms of restaurant business. You should have a unique selling strategy.
  • Pricing strategy – You should have your own pricing strategy that will attract your prospective customer.
  • Marketing strategy – How you will advertise your restaurant? Just include the type of media you will be using such as newspaper, website, TV, or social media sites.
  • Projection of monthly and annually figures. You can provide projections for the first three years which includes a loss or the break even income. Also, provides the annual profit projection and cash flow projection.
  • List of Start up cost. It includes the expenses to open the restaurant such as food costs, overhead expenses and other non-food cost.
  • Owner’s biographies. You should provide the key owners of the restaurant as well as the operators, staff member and consultants.
  • Requested funding. You can include the requested funding for your restaurant. Highlights the demand in the marketplace and the ability to operate a restaurant as well as profit potential.

 

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Writing Research Proposal

Research proposal is written to provide a detailed description of the proposed project.  It serves as an outline of the entire research process that will gives a reader a summary of the information discussed in a project.  Also, it is written to request a budget for the research or as requirement in tertiary education

The following are some components of Research Proposal:

  • Title.  It should provide the key ideas and gives a glimpse of your research.
  • Abstract. It includes a concise statement of your research. It consists of no more than 100 words. It describes the problems you will intend to solve.
  • Research Background. It includes the overview of your study.  It also provides the summarize of your proposal.
  • Research Question.  These questions will guide your research. You should take time to reflect on the main questions that you are seeking to answer before writing your proposal.  The main questions are good way to narrow down your topic and make it feasible.  Your proposal should explain your approach in answering those questions.
  • Research Methods. It includes the research method that you will be using. It outlines these research methods and explains how you will be able to conduct your research.
  •  Significance of Research. It explains why your research is important.  Your proposal must demonstrate the originality of your research. It should explain how your research will benefits or impact others.
  • Bibliography. It contains a short bibliography which identifies the most relevant works for your research.

 

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Government Proposal

Government makes a request for proposal if they do not have adequate resources for a new project or asking for the purchasing of goods or services. They asked private sector to assist them by issuing a Request for Proposal  (RFPs). When private sector learned about it, they will submit a government proposal or sometimes called government contract proposal.

Private company or sector will present their proposal s targeting the concern of government authority by submitting their plans, solution to their concerns as well as cost of execution.  Proposal should highlight important details to ensure its consideration from the government authority.

The following are some tips in writing government proposal:

  • Government proposal should base on the RFP of the government authority.
  • Make sufficient and accepted research of the project for the government to be executed by authority.
  • Proposal should meet government goals and objectives.
  • Proposal should be divided into different section for easy reading and for identifying the task such as the proposed methods as well as the cost related to it. It will help government authority to understand your proposal effectively.
  • Provides cost benefits analysis and time table for the project
  • Lastly, make sure that your proposal satisfies the need of the government authority in order to gain consideration.
  • Don’t forget to include the tentative date for proposal acceptance and contract information of the company.

 

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Restaurant Proposal Letter

September 25, 2008

Mr, Roland D. Walls
Island Bank
Ayala, Makati

Dear Mr. Walls,

I am Leonard L. Drakes who working as Head Chef for five stars hotel for 25 years and have acquired several training from different countries including Paris, France, Italy, Canada, Australia and among other. I am very passionate about different food of different cultures and would like to open up a restaurant.

My restaurant will be serving French and Italian cuisine mainly but along with it I will also hire of other cuisine such as Chinese in order to have variety of foods. The main target customer of my restaurant will be for families at very affordable price.

Attached herewith is my business plan. The estimated amount of loan required for this set up is $95,000.

I am looking forward of meeting your for further discussion.

Sincerely yours,

Chef Leonard L. Drakes

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Writing Powerful Sales Proposal

A sales proposal is one of the important documents in the world of business.  It contains product demonstration or idea that will benefit the client.  It is necessary to write a sales proposal in a proper way and organized manner to increase your sales and achieve your goals.

sales proposal

The following are some steps on writing powerful sales proposal:

  • Catch the attention of your prospect client or customer.   It is one of the best tips of all time.  If there is no impact, no one will be interested to read it.
  • Discuss the present problems being encountered.  To catch prospect’s attention is to discuss their current situation before offering anything else.
  • Explain the solution being offered. Discuss how the implemented solution will benefit to their current situation and solve their present problems.
  • Keep your proposal simple.  Prospect’s client should understand your proposal so avoid using too technical terms or jargon words.
  • Make your proposal short. Businessmen are too busy to read too long documents.  It is better to make your proposal short and concise.
  • Use title and heading. In this way, your proposal is easy to read. Headings make your proposal section easy to locate important details.
  • Summarize your proposal.  Those decision makers sometimes jump to the last page of the proposal and skip some details so it is necessary to include a complete summary of your proposal without reading the entire proposal.  You can use bullet point summary

 

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Short Guide to Proposal Writing

A proposal is written with the purpose of selling or offering something that can help and improve their businesses.  It should answer the question  following questions:

  • What are your proposing?
  • How do you implements your proposal?
  • When your proposal to do it?
  • How much going to cost?

proposalWhen writing a proposal, always consider your readers or audience and use appropriate materials and language to appeal to them. You can provide glossary of terms that explain technical language use in the body of proposal or include appendices which explain technical information.
Just like any document, there are basic composition of proposal such as the beginning (introduction), middle (body of the proposal) and ending (conclusion and recommendation).

  • Introduction – provide the problem intended to solve as well as the solution to that problem.
  • Body of the Proposal – explains the details of the solution including how the job will be done, specifies tasks and the method to be used in order to do it. Equipment, materials and personnel required should be also included.  In addition, the time when the project or work to be completed and presents the cost breakdown of the entire project,
  • End of the Proposal  – contains the conclusion and recommendation for the proposal. It emphasizes the benefits of the project from the solution you are proposing. It urge the readers to take action.

Proposal should be informative because it trying to educate the readers and convince them to do it. It should believe that the reader needs the proposal in order to have greater benefits.  Make them trust that the solution you are offering is practical and appropriate.

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