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Tamayaki Franchising

July 21, 2015July 21, 2015 admin

Filipinos has the passion to street style food that’s why Takoyaki became famous here in the Philippines. Takoyaki is originated from China when Uy sister visited in China and opened a branch in San Juan. As of now Takoyaki has 200 branches worldwide.

Let me describe what Takoyaki is. Takoyaki is a ball shaped snack which made of wheat flour based batter and cooked at special Takoyaki fan. It is filled with minched or diced octopus. Tamayaki is offering a brand of takoyaki with bigger servings and more unique feelings beyond the usual octopus and vegetables. Also, as of now, they are offering a various Japanese street foods such as Asian Chicken Teriyaki, Korean BBQ, Grilled Steak, Ham and Mozzarella. They also decided to offer a Filipino Twist like mussels and cheese, adobo, and smoked mackerel. In addition, they have offer milk tea in 34 different flavors along with ramen and Japanese rice meal.

Now, Tamayaki is offering a franchising opportunity to entrepreneurs who are interested to have food business ventures. The total investment for Takoyaki will be approximately Php800,000 to Php 1 million depending on the size and location of the outlet. The franchise fee is Php300,000 which is included in your investment. The contract term is good for five (5) years. The inclusion on your investment includes license to use trademark, training, opening support, advertising and marketing support, site selection assistance, recruitment process, two weeks inventory, leasehold improvements, signage, kiosk and other related matters.

How to Franchise Monterey Meatshop

June 25, 2015June 25, 2015 admin

Monterey is one of the most popular meatshop in the country. It is now a part of everyday Filipino’s life from everyday meal to party meal. Monterey assured that they served a quality meat since they have a farm to market concept.

The following are important information for franchising Monterey Meatshop

1. Contact the following if you are interested Monterey Franchising
BUSINESS DEVELOPMENT
San Miguel Foods, Inc.
17F JMT Corporate Condominium
ADB Avenue, Ortigas Center, Pasig City
Trunklines: 702-5000
Telephone Number: 702-5386 / 702-5569
Fax Number: 637-3784
Mobile: (0917) 898 5363 (Mr. Bernie Suiza – Business Development Head)

2. Cost and Investment – The initial investment is approximately Php1.2 to 3M. It may varies depending on the size of the meat shop.

Franchise fee is at Php336,000
Construction is at Php800,000
Equipment and Supplies is at Php 1,900,000
Supplies and Equipment is at Php 20,000
Royalty Fee is at 2% of monthly purchase
Advertising Fee is at 1% of monthly purchase

3.   The following are Monterey products:
Monterey fresh pork and beef products
Monterey Ready-to-Cook Meats
Magnolia Chicken Station Products
Magnolia Brown Eggs
Magnolia Milk, Butter, Cheese & Cooking Oil
Purefoods selected cold cuts and canned goods
other selected San Miguel products
4.   If you want to franchise, just submit a letter of intent to San Miguel Foods Inc. Make sure to include the area or location you are interested in.
5.   For the site owner who is interested to have their commercial spaced leased, you have to submit a proposal with a complete address and sketch of the exact location of the proposed site
6.   Franchisee will have to accomplish and submit the application form for evaluation and screening.
7.   The site will evaluate trade area survey and computation of site potential. It is subject for approval by Monterey Management.
8.   As part of screening process, applicant will present the business plan to the Franchisee Selection Panel.
9.   Upon approval of application, the applicant will sign the Franchise Agreement.

10. After approval, plan and implement activities for development

11. Franchisee will have to attend the training at Monterey Meatshop School

12. Establish Branch Opening

13. The timetable will be 45 days for application process and another 45 days for construction and manpower training

14. The area requirement will be a minimum floor space of 30 square meters with frontage of at least 5 meters for Stand Alone Neighborhood Meat Plus. For Wet Market areas, approximately 2440 square meters with a frontage of at least 4 meters.

15. Upon franchising there will be a store design, Monterey Signages, Training of franchisee and crew, operation and marketing support.

Red Ribbon Bakeshop Franchise

June 7, 2015June 7, 2015 admin

Red Ribbon Bakeshop is one of the most popular bakeshop here in the Philippines because of its cakes which have been a tradition in every celebration such as birthdays, christenings, anniversaries, and wedding. They offer cakes and pastries. Red Ribbon is a part of the Jollibee Foods Corporation.

The following are some information for franchising Red Ribbon Bakeshop:

The applicant need to submit a letter of intent which includes the exact address of the proposed site, vicinity map of the proposed site, applicant’s resume or Accomplished Red Ribbon Application Forms with 2×2 color recent photo of applicant.
The cost of franchising Red Ribbon is ranges from minimum Php 1.9M to Php 4.9M which includes franchise fee, equipment, fixtures and furniture, leasehold improvement, pre-opening and initial inventory expenses as well as training and hiring of store team.
The franchise term is good for five (5 years)
The loyalty fee is at 7% while the advertising fee is 3% of monthly gross sale
It is require to pay a franchise fee upon the receipt of the Award Notice
They provides a two (2) months training for franchisee’s store team such as classroom sessions and on the job training and application to strengthen the learning process.
The Return of Investment (ROI) is depends on many factors including market potential, sales, investment and the ability of the franchisee to control the operating expenses

Kambal Pandesal Bakery Franchise Information

June 3, 2015June 3, 2015 admin

Kambal Pandesal Bakery Business is a partnership with San Miguel Corporation. The franchise fee for Kambal Pandesal Bakery is only Php350,000.00 which includes equipment, initial inventory, site assistance, and crew training. Kambal Pandesal Bakery uses San Miguel’s pre-mixes which is easy to prepare.

Steps in applying a franchise for Kambal Pandesal Bakery”

Set an appointment and attend business presentation to make better understanding of the business and see actual equipment and taste the actual products.
Evaluation of your proposed location
Pay initial investment of Php 350,000.00
Prepare for trainings
Operate your Kambal Pandesal Bakery

The distinct features of Kambal Pandesal Bakery are the following:

There is an on-site baking which shows how the products are made
There is a dedicated post opening technical support to ensure smooth store
SMMI’s high quality and easy to prepare pandesal mix which ensure consistent and product quality
“Skilled bakers” are not required

Kambal Pandesal Bakery offers the following upon franchising:

Marketing and products development program
Start-up technical support and supervision
Site evaluation assistance
Periodic store audits to ensure that quality and control guidelines are being followed
Two (2) weeks training program for bakers and bakery management

The following are products of Kambal Pandesal Bakery

• Pan de Sal
• Pan de Hotdog
• Pan de Espana
• Pan de Kape
• Pan de Coco
• Pan de Keso
• Ensaimada
• Crinkles

The following are the equipment and supplies included:

• Starter Kit
• 40pcs. Aluminum Tray
• Weighing Scale
• Measuring Tools
• Cutting Tools
• Filled Bread Prep Tools
• Containers
• Hand Gloves
• Food Tongs
• Packaging Materials
• Office Supplies
• Two Deck Gas Baking Oven
• Spiral Mixer 12.5kg
• Stainless working table
• Cooling Rack 24 Layers
• Bread Display Case
• Proofing Rack (2 columns @ 24 Layers)
• Complete Set of Equipment and Supplies Equi
• 5 Bags of pan de sal mix
• Marketing Materials (tarps & fliers)
• Acrylic Store Signage
• E-Loading Business FREE registration

Generika Drug store Franchise

May 31, 2015May 31, 2015 admin

Aside from food cart franchise and restaurant franchise, some entrepreneurs try to franchise other establishment such as Drug Store. Generika Drugstore offers franchising opportunities. By the way, let me introduce what is Generika drugstore. Generika drugstore is one of the pioneers in the retail distribution of quality generic medicines in the country. They make sure that their medicines contain the same active ingredients as the branded innovator. They aim to be the leading national chain of drugstore which offers quality affordable generics medicines with superior customer service. Their mission includes putting customer above all else by serving excellent services.

By franchising Generika drugstore, you are investing to an industry which is also a basic need of individual. Health related expenses are going up worldwide. The Generika Franchising Services Incorporated will work hand by hand to ensure that the business become successful. The franchisee will expect continuous support and assistance to manage and help expand the business.

The following are some of the franchising requirements of Generika Drugstore:

Franchising package for Generika Drugstore is about Php 640,000 which includes franchise fee and development fund, pharma, marketing and operation supplies, computers, windows licenses and POS as well as initial inventory and security deposit.
Interested applicant should look for a site. In case that the applicant doesn’t have a site, they use brokers, spotters and even their employees to look for new location. Sites will be subjected to market study
Items that are not included to investment cost includes: cost of store renovation including shelves and counter, security deposits to the lessor for the rental of the store space, cost of permits to be secured before opening store, and the operating capital

Components of Feasibility Study

May 29, 2015May 29, 2015 admin

One of the purposes of writing a feasibility study is to minimize the risk and to ascertain the possibility of the business to become successful. Feasibility study will measure if a certain business or project could be carried out profitably. It also serves as framework on how the operation shall be accomplished. It is always wise to write a feasibility study before implementing a business or project to ensure to have a successful venture.

The components of a feasibility study are the following:

Marketing Study. This involves the study of sufficient demands for the products and the competitive position of the firm in the industry.
Technical Study. This is the study of plant size and location, production schedule, layout, structure, utilities, raw materials and waste disposal.
Management Study. It includes the organizational chart as well as the function of each unit management employee or personnel such as their skills and the number of labor required.
Financial Study. This study includes the evaluation of the total capital requirement, break even analysis, amount of sales required to earn a profit and the cash payback period.
Social Desirability. This study is include to measure the economic benefits to the people living in vicinities.

Business Report Sample Summary

May 28, 2015May 28, 2015 admin

Reduction of Mercaptain Sulfur in JPA Jet Fuel Blend Stocks

Summary

The Metallic Lead Sweetening process is recommended as a potential method for reducing mercaptan sulfur in JP4 jet fuel blend stocks.

Development of new jet engines has required parallel development of fuels of the JP4 type. Production of these fuels to Philippine Government specifications is handicapped by lack of process for reducing total mercaptans to 10 ppm or less.

Five processes were therefore evaluated for adequate mercaptan reduction: (1) Caustic Treating; (2) Potassium Cresolate Treating; (3) Air Caustic Sweetening; (4) Bender Sweetening; and (5) Metallic Lead Sweetening. The Caustic and Potassium Cresolate treatments were tested in batch type treats. The other three methods were evaluated in small continuous pilot plant units.

The Bender and Metallic Lead processes were able to reduce mercaptan to specified levels Since the Bender process incurs expense of royalties and catalyst preparation, the Metallic Lead process is recommended.

Lotto Outlet Franchising

May 27, 2015May 27, 2015 admin

Many of us want to have a business venture that surely profitable that’s why some businessmen started to franchise lotto outlet because they think that owning a lottery outlet makes income. PSCO lottery never open a franchise opportunity but you can have a lotto outlet, all you have to do is apply as a lotto agent.

The following are some of the requirements to have a lottery outlet:

1. Individual should be:
– Must be a Filipino
– No criminal record
– Must be at least 21 years old

2. Applicant must submit
– Three latest ID pictures (ID) 2 x 2
– Three latest ID pictures of spouse
– Letter of Intent
– Online Lottery Personal Data Sheet
– Proof of Income

3. Must have a good location for the lotto

4. The cost for your lotto outlet includes:
– Rent
– Lease or sale of the building
– Construction Cost
– Electrical and Phone Line Cost

5. You will be under the Agency Contract

6. Operation for your lotto outlet will be 7:00 AM to 8:30 PM and seven (7) days a week

7. Your lotto outlet should be 100 meters away from any existing lotto outlet
-National Capital Region – 100M
– Southern Tagalog and Bicol Region, Northern and Central Luzon – 200-250M

8. Only required to pay processing fee, installation fee and surety bond.

9. If you have already a site for your lotto outlet, the cost will be around Php 30,000 to Php 50,000 depending on your Surety Bond Insurance option

10. If you don’t have a site, you will spend around Php 500,000 because you will be the one in-charge for the cost of your outlet

Preparing Feasibility Study

May 23, 2015May 23, 2015 admin

Everyday we think to own our business but the problem is how to make sure that our business will become successful. By looking around your area and you will see what people needs. To prevent the waste of money and time, make sure to have a feasibility study to assess the viability of your business idea. Before spending money, feasibility study should be conducted in order to foresee if the business has a good chance of succeeding.

Business magazines and daily newspaper is a good source of business information. Also, yellow pages will give you an idea of a business already operating in your area. Also, seek business advice from others who are in the same industry. Getting information you need will find out
Some factors to consider when preparing feasibility study are the following:

demand and market
skills and talent needs by customer
capital needs and requirements
potential client or customer
management and operations
resources including facilities, equipment, staff, etc.
competition
market size
economic benefits

When you pass the feasibility test, you are now ready to the next step which is to business planning. Business planning will see the picture of the future. According to Wikipedia, business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.

Difference between Business Plan and Feasibility Study

May 20, 2015May 20, 2015 admin

Feasibility Study is written to determine if the business is feasible because it serves as analytical tool that includes scenarios for the decision-makers. If they decided not to proceed with the business then there is no need to write a business plan. Business feasibility study determines if the business is profitable or not.

The business feasibility study is conducted during the deliberation phase of the project development cycle while business plan is the design for project implementation phase which presents the guideline for the project plan.

The feasibility study provides calculations, analysis and estimated financial projections as well as the description of the business and statements concerning competition and cash flow projection while the business plan contains plans and strategies to be implemented to grow the business. Just like feasibility study, business plan also provides detailed budgets, monthly and seasonal forecast, management details such as resumes of staff, background and competition. Also, business plan shows revenues expected, overheads and expenses as well as staffing levels with salaries along with employment cost, sales levels, setup costs, building and office costs, utility, telephone, legal, insurance, accounting, supplies cost and legal requirement cost. It also features sales and sales methodology and objectives.

To summary, business feasibility study determines if the business or project is viable because writing a feasibility study is an inexpensive way to safeguard against wastage of investment while business plan will help to maximize potential and minimize overheads.