To obtain a Bo's Coffee franchise in the Philippines, you need to follow these steps:
- Inquire:
Contact Bo's Coffee directly through their website or by calling the provided phone numbers to express your interest in franchising.
- Understand the Franchise Agreement:
Thoroughly review the terms and conditions of the franchise agreement, including the franchise fee, initial capital investment, and the term of the agreement.
- Register your Business:
Secure a business name, structure, and registration with the proper authorities, including the Bureau of Internal Revenue (BIR) and other relevant agencies, as explained by CBOS Business Solutions Inc..
- Obtain Permits:
Obtain necessary permits such as Barangay Clearance and Business Permit.
- Register with Employee Compliance:
Register with relevant government agencies to ensure compliance with labor laws and regulations for employees.
- Prepare for Training:
Bo's Coffee provides comprehensive training to franchisees and their key team members at their Support Center in the Philippines.
- Capital Investment:
Bo's Coffee estimates that the initial investment for a franchise can range from Php 7M to 11M, plus a franchise fee of Php 1M.
- Franchise Term:
The term of the franchise agreement is typically 7 years, with the option for renewal.
For more information, you can visit the Bo's Coffee website or the Philippine Franchise Association (PFA) for details on their franchising program.
