There are various step-by-step procedures to be able to apply for a Dip n Dip franchise. Following are the steps that are needed to be able to create the franchise in our country.
1. Become familiar with Dip n Dip’s history, which can be found in their website online.
2. Submit the initial application that is provided in their website in which you have to explain why do you want the franchise and where are you going to locate it.
3. Level of qualification is the third step; they will check your assets, locations and others.
4. Phone call between the people who ask for the franchise and the franchise manager to be able to know more about your goals and personality.
5. Second level qualification, which is based on the money, and personality
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As the location is what shows what kind of a business it is, who are the targeted customers, and what is the business standard. We have decided to create our service business in no other than Multiplaza Pacific. This is one of Panama’s most exclusive and luxurious shopping mall, located in Via Israel in the exclusive zone of Punta Pacifica. It is the perfect location to introduce Dip n Dip to Panama. The spot we have received to open the franchise is in between many luxurious brands and the main entrance of the mall, this is why people from all social classes will be able to see it. Our items are in the budget of people who visit the mall, and this is why we are sure it will be a success. The plot measures 176m2 and it is made, the only missing thing will be to create the Dip n Dip ambience. This is located in between Cartier and Polo Ralph Lauren, it is right in front of the mall’s main entrance. Dip n Dip will be the new sensation not only in the mall, but also in Panama. It will offer the best desserts available with the best taste and quality of chocolate provided in Panama. It will be a relaxing experience for all of our customers; they will feel as if they have reached Dubai because of the exotic Middle East taste and
According to Chick-Fil-A’s website the process to own a franchise is lengthy and rigorous. Chick-fil-A: Franchise Application Information. (n.d.) “At Chick-fil-A, we believe that our success in a community is tied directly to the caliber of the individual fra...
Everyone wants their food to taste superb when going out to eat. Both restaurants served excellent homemade chips and salsas as well as queso dip. Reading the menu to order was no problem and both places had a wide variety of options to choose...
§ The phenomenal success of Frito-Lays Dips was due to two factors: cheese dips were novel and Frito-Lays flavors were innovative, and they had the right merchandising location next to salty snacks.
o Pay $200,000 up front for development fees and franchise fees for the first five stores
I want to be a very successful operator/owner. I want to out sell any other restaurants in my area.
Not having to answer to a corporate boss is the dream of many and the flexibility that owning a business franchise creates provides this option. Success is not reached by simply creating a business, however. The level of success is measured by the size and efficiency of the business. Business growth is the driving force of the economy. The additional jobs and revenues created when a business expands allow the economy to grow at exponential rates. One of the fastest and most popular ways to increase the size of a business is to turn it into a franchise, which can then be purchased by individuals. Franchising provides opportunities that are beneficial to both the parent company and the purchaser. The company that owns the business can expand without having to pay such a large initial cost to open a new store since the franchise purchaser pays a cost to open the business. As well, the company can regulate many of the business activities so that there is a sense of consistency throughout all of the locations. The purchaser is allowed to use the trademarks and goods of the franchise which already have a large market presence. As well, they are provided with training and work standards by the company to help their business run smoothly (Kalnins & Lafontaine, 2004, p.761). Looking at the business model of the world’s largest food retailer, McDonald’s, provides great insight into franchising and business growth in general as well a better understanding of a global business that utilizes the franchising technique.
A franchise sometimes involves signing two agreements, a purchase agreement and the franchise agreement itself. The purchase agreement is a short document simply stating that, subject to a suitable site being found, the franchisee will enter into the contract set out in the franchise agreement provided, of course, that the franchisee has read and approved the franchise agreement within a reasonable time. Having accepted this condition the franchisee pays the franchisor a deposit which forms part of the initial fee. The search for a suitable site as well as associated research into planning, permitting, viability of the site, etc. can begin. If no suitable site is found, the deposit is usually returned. However, if the franchisee rejects the site or changes his/her mind about the franchise, the deposit is usually forfeited.
If I were to start my own business, my dream would be to build a surf and skate shop on the Southern California coast. My business would be located on beachfront property in the surrounding area. This business plan will cover two main subjects, 1: an Analysis of the Business Situation, and 2: the Planned Operation of the proposed business. The first topic will cover the subtopics Trading Area Analysis and Competition in the area for my business. The second main topic will cover the proposed organization of the business, the proposed business, and proposed strategies for that business. The analysis of the business situation will cover geographic and demographic information for Huntington and the surrounding area. It will also contain an analysis of businesses in the area which are of similar type, customer buying behavior relating to my proposed business, and the potential location of my business. The Proposed Operation section will address the topics of ownership, start-up procedure, personnel needs, special functions, and an organizational chart. Details of products which will be sold will also be included, as will my business' pricing policy. I would hope that through my thorough planning and explanation that my business idea will be a grand success on the beautiful beaches of California.
Franchising is based on securities law. It means compliance with the franchise laws, like the securities laws, requires registration of the franchise in the applicable jurisdictions
This marketing plan has been developed for Dip ‘n dip, a franchise chain of dessert café. Dip ‘n dip specializes in chocolate themed desserts, offering a unique experience to its customers. The company was founded in Syria, and later spread to different countries. It is currently located in eleven countries: Syria, Lebanon, Egypt, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., Turkey, Malaysia, and Canada. Dip ‘n dip has an established name in many parts of the Middle East today, and it has recently been making efforts to move to new regions. Dip ‘n dip is currently working on opening its newest location in Armenia. After moving to Canada, the company moved all operations to Ontario, and established it as its new headquarters.
Making the decision to open your own business is a major life event. Starting a new venture can be exciting as well as rewarding. The first step to becoming a business owner is choosing the type of business you would like to run. This business can be something that you have wanted to start up yourself or you can go with an established franchise. Are you willing to share the profits in exchange for the relative safety of a franchise or would you prefer the risk and rewards of pursuing your own vision? Franchising is a continuing relationship wherein a franchisor provides a licensed privilege to the franchisee to do business and offer assistance in organizing, training, merchandising, marketing and managing in return for a monetary consideration
It will lessen the satiety of the customers. The target market of our group are students, employees, customers that wants to try something new, people who loves Filipino delicacies, people who loves longganisa, and tourists. The customer may be broad if we think about it and that’s why we just choose Metro Manila for the place to implement our idea. The target customers will be satisfied by our products because it will be worth it. Our products are delicious and authentic that customers won’t regret having our product. There is connection between the customers and the entrepreneurs, that is they both want something new and to support the delicacies of our country. As the distribution of product the group use direct selling and they have a place that customers can dine in and
The first step in any business is to think of or create a business idea. Without an idea, one cannot launch their business off the ground. A right direction is needed to create a business with a unique idea. However, other options include franchising or buying an existing business (1). Franchising allows an individual to run stores such as Burger King or McDonalds under the corporate name. It involves taking training classes and a heap of money in order to start a franchise. A Franchisee will have to buy products and services from the corporate entity they are franchising from, which is often required. Buying a franchise is like taking a piece of the pie from the company that is franchising and sharing that pie with everybody else. In addition having a franchise allows one to communicate and in essence become a big part of an added business opportunity (4). Franchising is far from easy to start and maintain for that matter. Starting a franchise involves a l...
A franchise is simply investing money in a location or store, and then having the store become your own business after learning how to manage the entire business. You earn the majority of the profits, and you also don't have to worry about operations. You'll be taught by the company on how it run the entire business, and this is the reason why this is a huge and very easy way to become rich. Franchises require quite a hefty investment depending on the business you plan to buy. However, if the business is in high demand, there is profits to be made. Take for exMple the Cold Stone Creamery business. Countless people purchase one of their many franchises. The money is very good, the opportunities are endless, and the fact that there is no more need for advertising is what makes this more worth the investment in the long
By choosing to expand into markets later than other fast food restaurants Burger King hopes to avoid the problems of developing infrastructure and establishing a market base. For instance, by following McDonalds into Brazil, Burger King avoided the need to develop the infrastructure and mark...