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McDonald’s was founded in 1955 and and the company now has 22,500 restaurants in 122 countries around the world. Approximately 70 percent of these restaurants are owned and operated as franchises.

1. Check out McDonald’s website and fill out their franchise application online. You must have had successfully owned a business, have managed multiple business units or led multiple departments to be eligible. You must also have $100,000 in cash liquidity.

2. Understand the costs. It will cost you $506,000 to $1,600,100 to open a McDonald’s restaurant along with a $45,000 per year franchise fee. You will be required to pay McDonald’s 12.5% of all royalties along with the yearly franchise fee.

3. Apply for a business loan from your bank or the Small Business Administration if you don’t have access to that amount of money. McDonald’s requires that you must pay 25% cash as a down payment for your store and you may finance the rest for no longer than seven years.

4. Hire approximately 20 employees to help you run the store.

5. Receive training at the headquarters for one week. McDonald’s also gives in-store training that lasts 12-24 months.

6. Receive ongoing support in the way of newsletters, company meetings, security and safety procedures, a grand opening and toll-free help phone line. You’ll receive help through the Internet, purchasing cooperatives and field operators that regularly evaluate the store. You also receive co-op and regional advertising and national media exposure.

Source eHow.com http://www.ehow.com/how_2073634_open-mcdonalds-franchise.html

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The Hard Rock Cafe is a unique restaurant because the food is not the main attraction. The Hard Rock Cafe is famous all over the world for its music, atmosphere and products. While these things give you some assurance of success of a franchise, a Hard Rock Cafe is one of the more expensive franchises to open. There are also limited opportunities to open one.

1. Determine if you have the ability to attain the franchise fees and startup costs for a Hard Rock Cafe. It’s likely you’ll need to have the resources of a large company to open a franchise. The total investment necessary is likely to be between $3 million and $5 million.

2. Think about whether you have the qualifications the Hard Rock Cafe looks for. While they do not require certain exact qualifications, franchise applications are very competitive and you must have strong qualifications. Business experience, marketing experience, management experience, experience with restaurants, night clubs, bars and live music can help your chances.

3. Find a location for the franchise appealing to the Hard Rock Cafe. There are 120 Hard Rock Cafes in 40 countries, so opportunities are limited. You must find a large metropolitan area that does not already have a Hard Rock Cafe.

4. Assign people in your company the task of deciding if a Hard Rock Cafe makes sense for your company. Involve a business strategist, accounting and hire a franchise attorney. The Hard Rock Cafe gives you benefits including advice on site location, design help, access to consultants, operations and budget advice, grand opening assistance, business planning, marketing, advertising, promotion and training. However, they do take 5 percent royalties on food and 10 percent royalties on merchandise.

5. Arrange for your company to secure financing of the necessary $3 million to $5 million. Before contacting the Hard Rock Cafe, you must make sure you have access to funding from your company or through a third party financier.

6. Go to the Hard Rock Cafe website and click on “Franchise Opportunities” at the bottom of the page. You’ll be given some information about what the Hard Rock Cafe expects from potential franchise owners and an email address to contact the Hard Rock Cafe. You must submit a summary of your qualifications and state your ability to finance a Hard Rock Cafe franchise.

Source: How to Buy a Hard Rock Cafe Franchise | eHow.com http://www.ehow.com/how_2078348_buy-hard-rock-cafe-franchise.html

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Starbucks Corporation has thousands of stores and kiosks all over the United States and Canada. The company is famous for not franchising its stores, but an entrepreneur that is determined to sell Starbucks coffee can still do so by getting a Starbucks licensed store. Such a store can be almost indistinguishable from a company-owned and operated Starbucks store.

Instructions

1. Get some great retail space. You want a location in an airport, hospital, resort or university where there are a lot of potential Starbucks customers but no opportunity for Starbucks to open its own store.

2. Sell a product or service that would go well with Starbucks, if your retail space is large enough. This can range from groceries to books to ice cream. Remember that Starbucks is more than coffee–it’s a coffee culture.

3. Contact Starbucks about opening a licensed store in your retail space. You can do this through the website or by contacting the company headquarters in Seattle, Washington.

4. Let Starbucks train you and your staff, provide you with their products, equipment and supplies, and help you set up your operation to be similar to a Starbucks company store.

Source eHow.com http://www.ehow.com/how_2316085_start-starbucks-franchise.html

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