Any thoughts on fast food franchising...

[tidus1203]

Anyone has experienced franchising a fast food outlet?

I was thinking kasi of helping my mom's inaanak. Di kasi sila that well-off pero she wants to start some kind of business. I was thinking of shelling half of her capital requirements tapos sya half tapos 50-50 kami sa venture pero sya na mag manage ng business...

I was thinking Reyes Barbecue or something of that sort...

Any helpful comments will be appreciated!

[rst619]

Anyone has experienced franchising a fast food outlet?

I was thinking kasi of helping my mom's inaanak. Di kasi sila that well-off pero she wants to start some kind of business. I was thinking of shelling half of her capital requirements tapos sya half tapos 50-50 kami sa venture pero sya na mag manage ng business...

I was thinking Reyes Barbecue or something of that sort...

Any helpful comments will be appreciated!

as they say location! location! location !

as with any business venture, nothing beats prep and feasibility study pa din. pero yang food business na yan rare talaga malugi kasi tayong mga pinoy mahilig kumain lol.


PS parang di yata patas labanan a. 50-50 kayo sa venture at capital pero siya mag manage? e di lugi siya lol. Im sure me konting typo ka lang hahah

[tidus1203]

Nope sya mag mamanage. She doesn't even have enough capital to start one I just wanted to help her. I am just giving her a way to start making a living. Pero syempre I want my due share pero I will let her run it.

Pero two birds in one stone yan eh. Yun na nga I wanted to help a person make a living but the second bird is I also want to diversify my income stream. Currently I am running a securities/currency trading business. I want to get into food business and to get into a different industry so that I have a backup, because you never know...

[Horsepower]

The first rule in business is knowing your business.

If you don't know anything about food business, stop and study first.

[1D4LV]

Anyone has experienced franchising a fast food outlet?

I was thinking kasi of helping my mom's inaanak. Di kasi sila that well-off pero she wants to start some kind of business. I was thinking of shelling half of her capital requirements tapos sya half tapos 50-50 kami sa venture pero sya na mag manage ng business...

I was thinking Reyes Barbecue or something of that sort...

Any helpful comments will be appreciated!

ako, kaka franchise ko lang... kaya lang small time lang....

[tidus1203]

Wanna share your story? Right now naghahanap kami ng magandang lugar to rent...

[badsekktor]

always consider the foot traffic sa area then kung anong target market mo. Pag-aralan mo mabuti yun kukunin mo na franchise since most of them are very expensive to franchise tapos may royalty fees pa monthly. kung food stalls lang yun lalagay nyo medyo maliit income nyan. kung dun aasa yun inaanak ng mom mo para pambayad sa bills at pagkain nila medyo maliit ang revenue unless multiple stalls ka or malaking food chain ang franchise mo.

much better kung sariling produkto ang bebenta nyo since mas malaki ang kita, yun nga lang medyo matrabaho dahil ikaw ang magproprocess ng products nyo unlike sa franchise na order ka lang deliver na ng main office...

[jon777]

Tidus, what happened? were you able to set up your franchise resto?