Aug 6, 2010

Franchise: The Generics Pharmacy


Now, you have a chance to own a totally unique franchise that is:

* Socially relevant and helpful to Filipino families
* Extremely Affordable
* Very profitable
* Easy to learn and operate
* Easy to locate

We are aggressively looking for franchise partners with whom we can grow our retail operations together and enjoy the benefits it offers

To qualify as our franchisee, you must primarily share our goal of bringing affordable quality medicines to every Filipino. You must also:

* meet the investment required
* be able to run the business full time
* be willing to learn the business and operate within a franchise system
* be people and customer service oriented
* be very honest and with integrity
* be aggressive and hardworking
* motivated to succeed and grow

Although business or pharmaceutical experience is an advantage, it is not a must because we will support you all the way and teach you everything you need to know to run the business effectively.

THE GENERICS PHARMACY Franchise Offer:

We are offering unit franchises for as low as P600,000 to P800,000 inclusive of franchise fee. THEGENERICSPHARMACY Franchise is available in two formats:

* SOLO OR EXPRESS
A new pharmacy located near markets, hospitals, big drugstores, or inside malls
* TANDEM OR IN-STORE
A pharmacy located within or inside a medical clinic or hospital, or inside existing stores like convenience stores, supermarkets, groceries, department stores, and cosmetic stores

The ideal locations for a stand alone or in-store unit is a minimum of 15 square meters, depending on the format. Ideally, it must be near these strategic points:

* hospitals and medical clinics
* big drugstore chains
* public markets
* supermarkets and groceries
* malls and department stores
* cosmetics stores
* convenience stores
* bookstores
* health food stores

Every franchisee who joins our network benefits from a full support package that includes:

* The right to use our trademark, name and logo
* Start-Up and Pre-opening assistance
* Site evaluation assistance
* Architectural/Store design and construction assistance
* Franchise operations manual
* Extensive training on pharmacy retailing, business management/operations and customer service
* Guidance and education on generic drugs
* Provides uniform
* Regular advertising support
* Marketing and Promotion assistance

As our franchisee, you will be entitled to continuing support to help you run and maintain your outlet's performance at optimum level. This covers:

* Regular monitoring of your outlet
* Direct and Open-line communication with franchisor
* Ongoing business consulting and guidance
* Refresher trainings on new products, services, promotions or retail innovations
* National and local store marketing support and guidance

Steps:

1. Download and fill-up Request Form
2. Make letter of intent
3. Sketch of proposed location and reason why it is good location
4. Applicant's resume with ID photo
5. Submit to:

I-FRANCHISE SALES & MANAGEMENT, INC. (Official Franchise Broker)
Tel. No. : (632) 634-3717; (632) 634-0586
Fax : (632) 635-6005
Email : ifranchiseph@gmail.com
Address: Unit 2807 Jollibee Plaza Emerald Avenue, Ortigas Center, Pasig City

Aug 1, 2010

Reasons for failure or success of a business, and why a few will thrive


Every year, hundreds of thousands are starting a small business. Most will fail, some will muddle along, and a few of these small businesses will thrive. Which ones thrive, and why? The reason some businesses experience spectacular sales and profit growth from the start isn't because they had a lot of money at the beginning. Their fast growth can be attributed to the fact that they were put together the right way i.e. they got a great business plan.

In every instance, the founders either had or acquired the experience and knowledge they needed to startup and run the business. They recognized what their weak points were, subsequently nurtured alliances, and acquired the skills they needed to start their company off right. They also understood how the various parts of the business fit together to form a total structure and knew that if one part was missing, the total structure would break. For example, they knew that a successful sales plan is directly dependent upon support from the marketing and promotional plans, and that the strategic business plan acts as the glue that holds all the sub plans together so that they work in concert.

DEVELOPING IDEAS

Clever product and service ideas are a dime a dozen. Everybody has one, and most of them never get implemented. The successful entrepreneur starts with a basic idea. This idea is first tested to staying power. Can it be used to grow a customer base, and will it be profitable? The pseudo-entrepreneurial itch often ends before the basic idea gets tested. Studies show that a high percentage of people who open new businesses do so because they are frustrated with their current job. They'll jump into any business venture that comes along without first checking it out. Ninety percent of this group will go out of business in their first year.

Those that make it are smart enough to recognize the symptoms of their emotional state. They are acutely aware that they may be in a vulnerable position. As a result, they may hang on to the security of their current job and start a business on the side. They'll make the move to become a full-time entrepreneur when the time is right for them and after they have thoroughly checked out their business venture ideas. There are three basic concepts to keep in mind as you develop and refine your business start-up ideas.

Be Creative

The opposite of creativity is rigidity. Entrepreneurs are not rigid in their thinking. If you cling to the old ways of doing things because "that's the way we have always done it," you'll never come up with the new solutions that are demanded by today's small new businesses. To test your creative ability, practice finding ways to tie together seemingly unrelated ideas.

Understand Every Problem

You must have a clear understanding of what it is you are trying to achieve and be able to identify the obstacles that stand in your way. Break each problem down so that you understand it and know what you need to do to eliminate it. For example, the problem may be that you need more space. Why do you need more space, and what are the alternatives? An alternative may pose a new set of problems, but if they reduce the magnitude of the original problem, the alternative may be a more viable option.

Brainstorming

When you come up with a solution to a problem, brainstorm the solution with as many qualified people as you can find to avoid judging your own answer this is what a good business management and business development should be. Accept modifications that make sense, and be prepared to replace the solution with a totally new and better alternative. The key to the brainstorming process is to be objective. Brainstorming is an excellent way to come up with a new set of ideas for new products, services, or improvements that could accelerate the growth of your business.