Bhoyings Ilocos Bagnet

Bypinoyentre

Jan 6, 2014

Bhoyings Ilocos BagnetBHOYING’S, a Filipino-owned Restaurant offering harmonious combinations of exquisite native dishes particularly Chicken and Pork Bagnet recipe that comes from the northern part of the Philippines that is truly delicious and unique. Among the most other popular dishes are Pinapaitan, Pinakbet with Bagnet, and Longganisa. BHOYING’S also offers international dishes, old time favorites, cakes, cupcakes, bread, and other original/signature cuisines suited to the Filipino palate. BHOYING’S menu is peppered with organic ingredients, bold flavors and artful presentation, promising to delight the senses.

BHOYING’S (Ilocos Pork & Chicken Bagnet) is a brainchild of Fidel Benigno B. Villanueva IV or simply known as BHOYING to his family and peers. It is a culmination of the experience and various concepts of the restaurateur who started at the age of seven as a self-taught cook, baker and bartender. It all started as a PASSION – a passion for good food that was too strong to ignore. Consequently, the restaurateur has been in the food and beverage industry for more than a decade, BHOYING’S (Ilocos Pork & Chicken Bagnet) is the newest venture of eight (8) established restaurants. The restaurateur has been featured in Yummy magazine and FHM magazine (food features) likewise in ABS-CBN’s Magandang Umaga Bayan and Cable Channel Happy Times.

BHOYING’S postured as a chill out place that is fun, chic, and hip for meeting new friends and socially affordable to the purse. BHOYING’S clientele is centered on family, peers, and great mix of people who want to spend quality time with their friends and love ones.

How to franchise BHOYINGS:

Franchise Package: Call

  • Full Resto
  • Junior

BHOYINGS Franchise Inclusive of:

  • Use of Trade Name and Proprietary Marks
  • Location Approval
  • Training for Franchisee and Staff
  • Opening Assistance
  • Operations Manual on loan
  • Research and Development

Initial Term: 5 years
Royalty Fee: 5% of gross sales

Required Space:

  • Full Resto : minimum of 150sqm.
  • Junior : Food Court type

Steps to own BHOYINGS Franchise

1.  Fill up the Confidential Questionnaire with your Letter of Intent indicating preferred location to:

BHOYINGS
Ground floor, Puregold Price Club, Inc.
Presidents Avenue B.F. Homes, Parañaque City
Metro Manila
Tel: (02) 358-3701
Mobile: (0916)222-5008

2.  We will evaluate your application.
3.  We will do a preliminary interview and discussion of BHOYINGS Franchise details with you.
4.  We will present to you the BHOYINGS Franchise Disclosure Information.
5.  If location is approved, sign Franchise Agreement and pay Franchise Fee.
6.  Set – up of the outlet.
7.  You and your required staff will undergo our training program.
8.  Receive Opening Assistance.
9.  Grand Opening of your BHOYINGS.

Contact Details of BHOYINGS:

President Avenue B.F. Homes,
Parañaque City, Metro Manila, Philippines
Phone: (02) 358-3701
Mobile: (0916)222-5008
Email: [email protected], [email protected]
Website: www.bhoyings.com
Facebook Page (This link will open on a new window)

Basics of Franchising Bhoyings Ilocos Bagnet

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Bhoyings Ilocos Bagnet, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising Bhoyings Ilocos Bagnet is beneficial for the inverstors:

High success rate due to its business model rather than starting from scratch.

Franchising Bhoyings Ilocos Bagnet offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.

Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.

Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.

Bhoyings Ilocos Bagnet is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like Bhoyings Ilocos Bagnet due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by Bhoyings Ilocos Bagnet, reducing the risks associated with independent entrepreneurship.

Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.

Availing financing from various sectors is highly likely due to a good brand reputation.

Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.

Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of Bhoyings Ilocos Bagnet also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.

Formula for success that a franchisor may provide.

Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.

5 things to consider when franchising Bhoyings Ilocos Bagnet

1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.

2 Be certain that you can work harmoniously with Bhoyings Ilocos Bagnet franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.

3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising Bhoyings Ilocos Bagnet.

4 Check if Bhoyings Ilocos Bagnet franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.

5 Best location is one key aspect to have a successful Bhoyings Ilocos Bagnet franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful Bhoyings Ilocos Bagnet franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:

Research

Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.

Understand the Franchise Agreement

Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.

Financial Planning

Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.

Training and Support

Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.

Location Selection

If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.

Follow the System

One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.

Provide Excellent Customer Service

Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.

Marketing and Promotion

Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.

Manage Finances Wisely

Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.

Adapt and Innovate

Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.

Network with Other Franchisees

Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.

Stay Committed

Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.

By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful Bhoyings Ilocos Bagnet franchisee.

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