Siomai Co. Term Paper

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The franchise business has been around quite a while; in fact they go back as far as the 1850's. The notion of selling off a business or possibly a part of a business in order to increase into new areas generally came from having less investment money from the company owner. While the business of franchising has grown over the years it all needed to start anywhere. The concept of operation businesses began with the Vocalist Sewing Machine Company inside the 1850s. Isaac Singer acquired two issues that were keeping him by being successful. One, he did not have the capital to build a sales force, two, no one will buy a machine unless of course they were conditioned to use it. Singer's solution was going to charge a licensing fee to people who would personal rights to sell and teach in certain geographical areas. " Franchising can be explained as a system based on a close and ongoing effort whereby a business, the franchisor, gets into partnership with one or several companies, the franchisee(s). Its prime aim is to develop a franchise principle designed in the first place by the franchisor. ” A franchise is a business program in which personal entrepreneurs choose the rights to spread out and operate a location of any larger company. The franchising company, or perhaps franchisor, symptoms a contractual agreement with all the franchisee, outlining in detail the company's rules for operating the franchise. In the United States, franchises are normally organized underneath state laws, although the Government Trade Commission rate requires that franchisors present full disclosure of operation contracts before hand, to allow dispenses the opportunity to produce a good organization decision. Business businesses come with a

quantity of pros and cons that franchisees need to take into account before signing the deal. Today, franchising is helping thousands of people be their particular boss and own and operate their own business. Franchising allows entrepreneurs to be in business for themselves, but is not by themselves. There is usually a much higher probability of success when an individual starts a operation as opposed to a mom and pop organization, since a successful business method is in place. The products, services, and organization operations have been established.


" SIOMAI CO” was first set up in the Philippines in the year 3 years ago specializes in developing and circulation of a variety of traditional China Food that are convenient and modern enough to take just minutes to serve. SIOMAI CO'S rigid quality control standard is the key ingredients of their products. Their quality control starts in the selection of raw materials from authorized panels of suppliers to manufacturing in the finished goods; only the finest quality of elements is used. Siomai Co. Branches:

* Siomai Co. Binangonan

Sta. Ursula St ., Binangonan, Rizal

5. Siomai Company. Katipunan

Katipunan Method cor. Alboreo Blvd., Quezon City

2. Siomai Company. Gil Puyat LRT

Gil Puyat Coloracao. Taft Opportunity, Manila

2. Siomai Company. Blue Wave Mall Marikina

Sumulong Road Cor. A. Tuazon St ., Marikina Metropolis

* Siomai Co. Riverbanks Mall

Riverbanks Middle, 84 A. Bonifacio Garottere, Marikina City

* Siomai Co. Riverbanks Tiangge

Riverbanks Center, 84 A. Bonifacio Ave, Marikina City

* Siomai Co. Biñan (National Hi-Way Sto. Niño St ., Biñan Metropolis ) EYESIGHT:

Siomai Co. aims to fulfill the taste and desires of it is consumers inside the Philippine culture. The work of Siomai Company focus on bringing the the majority of distinctive and innovative dimsum products to the Philippine market. The main concern of Siomai Business is the wellness of its customers and thereby it strives to serve delete word and healthy food choices along with taste and quality. QUEST:

To satisfy consumers and to stay ahead of the competition by improvising new products and services based upon the requires of their customers and market demand. Goods:

* Pig Siomai, Japanese Siomai, Sharksfin, Chicken...


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