Preview

Jollibee: the Force Within the Empire

Good Essays
Open Document
Open Document
1171 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Jollibee: the Force Within the Empire
I. Point of View:
Genee Lopez, Asst. VP for Franchising Jollibee Food Corporation

II. Problem:
Who should be awarded the franchise, Mr. Artiaga or Mrs. Ng?

III. Objectives:
1. To review the franchise process of Jollibee Food Corporation;
2. To assess suitability of applicants vis-à-vis application process criteria; and
3. To make a recommendation on who to award the franchise.

IV. Areas of Consideration 1. Jollibee Food Corporation has an existing selection process for its franchises. First, franchise applicants will submit Letters of intent containing location maps, TCT/Lease documents and résuméswhich is used to assess and check the viability of sites. Those adjudged with viable sites undergo screening or interview. Franchisors should consider the following in the site evaluation stage (Kotik, 1999):
• Accessibility and traffic patterns: It is easy to exit and enter into a traffic? Are difficult intersections, major road construction or other impediments? What time of the day is traffic heavy? Where is the traffic going? Are people shopping or merely commuting to neighborhoods where they can purchase your product or service from a more convinient store?
• Zoning: does your municipality or City allow that kind of business at a certain location?
• Visibility: Is visibility important to the success of your business? If your product is an impulse item or geared towards mass markets, then you need to be where customers can see your business.
• Hours of operation: Do the hour of operation match the needs of your customer?
• Parking layout: Determine how much parking you need and select location that offers it.
• Public transportation: Extremely important if it is a product for the “masses” that your outlet is in front of public transportation. Also if you have a lot of employee in the franchised business who have to commute to work.
• Neighborhood development: Is the neighborhood stable or declining? What kind of subdivisions or

You May Also Find These Documents Helpful

  • Good Essays

    (Trust) The city stores are all about speed of service and moving the line. You can have 1,000, 2,000 customers a day. These people have to be moved very quickly and effectively, as well as they need to be serviced properly.…

    • 2614 Words
    • 7 Pages
    Good Essays
  • Good Essays

    rastaurant

    • 2539 Words
    • 11 Pages

    Opening a franchise company has its joys and perils. While the built-in brand recognition is a big plus for a start-up, that brand has not reached the level of some of the largest fast food chains. The franchise brand may not provide the level of support expected from a larger franchise chain. With that said, the combined management experience, and synergy between the goals of the franchisor and the company's goals will lead to the long-term success of our franchise.…

    • 2539 Words
    • 11 Pages
    Good Essays
  • Good Essays

    There are advantages and challenges to nearly every business type. The key is to understand what they are and the impact they will have on the business before becoming a business owner. “The challenges of owning a franchisee often have to do with unreasonable expectations - you're not your own boss, the brand is your boss. Richman,” (2008). Brand standards reach every part of the business, from uniforms and how they are worn to what types of coupons the business can and cannot use. Franchisee inconsistency defeats the purpose of a franchise, thus emphasizing the importance of following brand standards. Franchise agreements may dictate locations, vendors, and options of operation. Many franchisors expect their franchisees to buy supplies only from their approved list of vendors. This limits the flexibility of a business owner, especially when these suppliers’ costs are much higher, and it cuts into profits. Another thing to watch out for in a franchise system is requirement by franchisor for royalty payments and marketing fees that affect profit. Still another concern is relying too heavily on the parent company's services. You are one of many and the success or failure of your store is completely up to you. Know what services are guaranteed from the franchisor and be…

    • 662 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Chinatown BIA Case Study

    • 259 Words
    • 2 Pages

    The Chinatown BIA is a low density residential area where the community is built with a variety of small Asian style businesses that attracts tourists and a lot of people to shop and visit. In order to make the community accessible for people, a good transportation system is essential. I had the opportunity to visit Chinatown on Tuesday, October 20th, 2015, at approximately 8:30am, particular to monitor the traffic condition on the major intersection of Dundas and Spadina Avenue because Dundas Street West is always known as the busiest street. During this time, the area was trafficked, the most common forms of transportation are cars and street cars since it is the working hours for many workers and students. The traffic was not trafficked…

    • 259 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    One weakness Panera Bread has in relation to other companies in the same market is that Panera does not provide a faster pick-up and take-away option (a drive through) like most other quick-service restaurants have. Since most Panera Bread’s are found in strip shopping centers the locations can be difficult to find for travelers or those unfamiliar with the area. The case study also described the difficulties in obtaining a franchise with the company. There are many criteria one must meet before becoming eligible for a franchise. In addition to the expensive upstart costs, extensive experience in multi-unit restaurant management, and real estate knowledge, after obtaining a franchise and opening locations in line with…

    • 1505 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    accounting stystem

    • 1709 Words
    • 7 Pages

    A franchise increases your chances of business success because you are associating with proven products and methods.…

    • 1709 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    1. Franchisees gain numerous advantage when they purchase a franchise. First, while a franchisee may be opening a new store, it is part of an already established business and system. This means a franchisee has access to turnkey operations, allowing an increased speed to establishing and growing the business. Franchisees also get support for management and training activities, as well as financial assistance. Going hand in hand with this, a franchise already has an established brand name, quality of goods and service which have been standardized across the franchisor’s larger company, and national advertising programs from franchisors. Franchises also have large-volume, centralized buying power. A franchise has proven products, and successful business format. Finally, site selection and territorial protection is offered for franchises. All of these advantages increase the chance for a new business in a franchise to be successful. While there are many advantages to a franchise, there are disadvantages as well. First and foremost, in order to own a franchise and take advantage of all the benefits of owning a franchise, there are fees and royalties which are ongoing for advertising, use of the franchise name, products and services, and for use of the business system. A franchisee must also adhere strictly to regulations and standards imposed by franchisors. Franchisors also require the purchase of supplies and equipment from approved suppliers. Franchisors can also restrict what products can be offered in a store, which limits the product line as a whole. This results in an overall limit of freedom which entrepreneurs who start their own business do not have to deal with. Finally, and possibly most relevant from a business standpoint is market saturation. Franchisees have grown tremendously fast in recent years, resulting in an overwhelming number of franchises in the market place.…

    • 1767 Words
    • 8 Pages
    Good Essays
  • Better Essays

    Self Marketing Plan

    • 2525 Words
    • 11 Pages

    The location looks to be a typical business area with some residential housing within the area. It is located on a main street (North Mesa) which is good for visibility to potential customers. The location is in the area…

    • 2525 Words
    • 11 Pages
    Better Essays
  • Good Essays

    Eco-201

    • 617 Words
    • 3 Pages

    How should goods and services be produced. After some research of opening a this franchise I found that the most important recourse to start a franchise is money:…

    • 617 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Enterprise Hbs Case

    • 1331 Words
    • 6 Pages

    Large network of franchises outside airport: Neighborhood (vs. airport) locations cost less and allow Enterprise to provide a significant price advantage and proximity to its target customers. The major trade-offs entail foregoing a significant portion of the airport rental car market (~$10B).…

    • 1331 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Large cities and populations rely on public transportation to reduce traffic congestion and vehicle emission as well as provide a means for citizens without personal vehicles to travel to important places like work, school or the grocery store. Critically important infrastructure to any city, without a reliable regional transportation system those who cannot afford cars are greatly impacted. Such groups may be confined to a particular neighborhood, which may result in lack of accessibility to jobs or other important resources, in modern city's neighborhoods cut off from transportation can become increasingly poor, see elevated crime rates and more likely to continue to be…

    • 1509 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Describe Free Enterprise

    • 917 Words
    • 4 Pages

    Franchise is the new venture I am work toward purchasing An Express franchise is a business-to-business sales franchise,…

    • 917 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Persuasive Memo

    • 269 Words
    • 2 Pages

    Also, the store will be a source of new revenue for the building owners as well as a cost savings option. This is achieved by paying a commission on Net Revenue to the owners, as well as offering lower catering costs for building functions, that are currently being contracted out to a vendor 15 miles away.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    inventory system

    • 379 Words
    • 2 Pages

    jollibee Food Corporation is the epitome of entrepreneurial success in the Philippines. What started as an ice cream parlor had spawned into a national brand that even the likes of McDonalds cannot top. At present, Jollibee has established a global presence with the opening of stores in countries such as the US, Hongkong, Guam, Brunei and Vietnam, just to name a few. With many strategies for investment from KFC, Lotteria, Jollibee, etc, fast food industry in Vietnam will be developed in the near futures. This report is about: 1a. Context of Jollibee Food Corporation business strategy with information relate mission, vision, objectives, goals, strategic intent, strategic architecture, strategic control and core competences of Jollibee. 1b. The key stakeholders of Jollibee in Vietnam…

    • 379 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Investigate Before Investing

    • 13769 Words
    • 56 Pages

    CONTENTS The International Franchise Association IFA Code of Ethics What Is Franchising? Protect Yourself - Watch For The Warning Signals Evaluating The Offer The Franchise Business And The Prospective Franchisee What Are Your Qualifications? What Is The Product Or Service? - The Business Area? Who Is The Franchisor? The Company - Generally Trademarks And Copyrights Management Litigation Profit Projections Franchise Cost - Initial Fees And Cash Requirements Training And Start-Up Aid Location, Territory And “Exclusivity” Operating Practices, Assistance And Controls Premises And Equipment Rehabilitation Assignment - Franchisee’s Right To Sell Term, Renewal And Termination Competition With Franchisor The Contract Aids To Investigation 2…

    • 13769 Words
    • 56 Pages
    Powerful Essays

Related Topics