Thursday, January 9, 14
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8 POINT TEST
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Is there a product? Are commissions paid on sale of products and not on registration/entry fees?
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Is the intent to sell a product not a position? Is there no direct correlation between the number of recruits and compensation?
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If recruitment were to be stopped today, will the participants still make money?
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FRANCHISING
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Marketing system revolving around a 2 party legal agreement whereby one party is granted the privilege to conduct business as an individual owner but is required to operate according to methods and terms specied by the other party.
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Marketing system revolving around a 2 party legal agreement whereby one party is granted the privilege to conduct business as an individual owner but is required to operate according to methods and terms specied by the other party.
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Marketing system revolving around a 2 party legal agreement whereby one party is granted the privilege to conduct business as an individual owner but is required to operate according to methods and terms specied by the other party. Opportunity for an individual to enter into business with less risk and without experience and knowledge of the business
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Thursday, January 9, 14
Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services.
Thursday, January 9, 14
Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services.
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Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services. 2 ACTORS OF FRANCHISING
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Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services. 2 ACTORS OF FRANCHISING
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Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services. 2 ACTORS OF FRANCHISING Franchisee - A purchaser of a franchise
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Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services. 2 ACTORS OF FRANCHISING Franchisee - A purchaser of a franchise Franchisor - The seller of the franchise
Thursday, January 9, 14
Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services. 2 ACTORS OF FRANCHISING Franchisee - A purchaser of a franchise Franchisor - The seller of the franchise
Thursday, January 9, 14
Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services. 2 ACTORS OF FRANCHISING Franchisee - A purchaser of a franchise Franchisor - The seller of the franchise Franchise contract
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Thursday, January 9, 14
FRANCHISEE OBLIGATIONS
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FRANCHISEE OBLIGATIONS
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FRANCHISEE OBLIGATIONS
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FRANCHISEE OBLIGATIONS
Make a nancial investment in the operation. Obtain and maintain a standardized inventory and/or equipment package usually purchased from the franchisor.
Thursday, January 9, 14
FRANCHISEE OBLIGATIONS
Make a nancial investment in the operation. Obtain and maintain a standardized inventory and/or equipment package usually purchased from the franchisor. Maintain a specied quality of performance.
Thursday, January 9, 14
FRANCHISEE OBLIGATIONS
Make a nancial investment in the operation. Obtain and maintain a standardized inventory and/or equipment package usually purchased from the franchisor. Maintain a specied quality of performance. Follow a franchise fee as well as a percentage of the gross revenues.
Thursday, January 9, 14
FRANCHISEE OBLIGATIONS
Make a nancial investment in the operation. Obtain and maintain a standardized inventory and/or equipment package usually purchased from the franchisor. Maintain a specied quality of performance. Follow a franchise fee as well as a percentage of the gross revenues. Engage in a continuing business relationship
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FRANCHISOR PROVIDES:
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FRANCHISOR PROVIDES:
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FRANCHISOR PROVIDES: The company name that provides drawing power. Identifying symbols, logos, designs, and facilities.
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FRANCHISOR PROVIDES: The company name that provides drawing power. Identifying symbols, logos, designs, and facilities. Professional management training for each independent units staff.
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FRANCHISOR PROVIDES: The company name that provides drawing power. Identifying symbols, logos, designs, and facilities. Professional management training for each independent units staff. Sale of merchandise necessary for the units operation, equipment to run the operation, and the food or materials needed for the nal product.
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FRANCHISOR PROVIDES: The company name that provides drawing power. Identifying symbols, logos, designs, and facilities. Professional management training for each independent units staff. Sale of merchandise necessary for the units operation, equipment to run the operation, and the food or materials needed for the nal product. Financial assistance, if needed.
Thursday, January 9, 14
FRANCHISOR PROVIDES: The company name that provides drawing power. Identifying symbols, logos, designs, and facilities. Professional management training for each independent units staff. Sale of merchandise necessary for the units operation, equipment to run the operation, and the food or materials needed for the nal product. Financial assistance, if needed. Continuing aid and guidance to ensure that everything is done in accordance with the contract.
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Thursday, January 9, 14
FRANCHISE CATEGORIES
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FRANCHISE CATEGORIES
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Thursday, January 9, 14
FRANCHISE CATEGORIES
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FRANCHISE CATEGORIES
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COST INVOLVED
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COST INVOLVED
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TO THE FRANCHISOR . . .
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! How Much: The Investment Package for a franchised Figaro branch starts at P3.5 million, depending on the business model! ! Term of Franchise: 5 years!
Initial site assessment. ! Training in the Figaro System for the franchisee and initial branch staff. ! Site design and construction assistance. ! Comprehensive Store Operations Manual. ! An Opening Team assigned for the branch's rst month of operation. ! Regular eld visits by the Figaro Operations Team to give on-site assistance. ! Continuous training programs. !!
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! How Much: Franchise Fee P 800,000 (bakeshop), P1.2 for (full store). Total Investment P6-8 M (bakeshop), P10-12M ( full store) ! ! Term of Franchise: 8 years !
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! ! How Much: Franchise Fee P 3 Million, Total Investment P 10-20 M! ! Term of Franchise: 6 years! !
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! ! How Much: Total Investment P 25 M! ! What does it include: Store Construction, kitchen equipment, furniture and xtures, air-conditioning system, signage, pre-operating expense.! !
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! ! How Much: Franchise Fee P300,000 (MM) to P 400,000 (Province), minimum investment P 1.7 M! ! Term of Franchise: 5 years!
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! ! How Much: Franchise Fee P 130,000. Total Investment: P350,000 to P550,000.! ! Term of Franchise: 4 years!
!
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Thursday, January 9, 14