In addition to serving delicious fries, Potato Corner has made a name for itself by being one of the best options for people who want to have a franchise business. Their rates are reasonable and they have an impressive system for assessing their prospective franchisees to ensure their success.
If you have what it takes to make a fortune from selling their beloved fried potatoes, use this step by step process so you can plan accordingly and make this exciting business opportunity a reality.
5 Steps to Start a Potato Corner Franchise
STEP 1 – Know the franchise packages offered by Potato Corner
Potato Corner has several franchise packages that you can choose depending on your business plans and, of course, budget.
School Cart
- P257,600 (inclusive of VAT and franchise fee valid for 3 years)
- With fryer, freezer, small wares, and initial supplies
- With franchisee training, crew training, and 1 set of crew uniform
- Can only be placed in schools
Standard Cart
- P431,200 (inclusive of VAT and franchise fee valid for 5 years)
- With fryer, freezer, small wares, and initial supplies
- With franchisee training, crew training, and 1 set of crew uniform
- Allowed in most locations like malls, transport terminals, and commercial areas
Customized Store
- P296,800 (inclusive of VAT and franchise fee valid for 5 years) + Actual Cost of Construction
- With fryer, freezer, small wares, and initial supplies
- With franchisee training, crew training, and 1 set of crew uniform
- For locations with specified areas like food courts and mall spaces
STEP 2 – Secure the perfect location
Identifying the ideal spot for your Potato Corner store will be challenging, but very rewarding if you do everything right. Take note that Potato Corner itself cannot assist you with finding a location, so you will have to do the scouting and evaluation yourself. Of course, you are free to consult business experts for advice. Once you’ve found a spot, you can start negotiating with the property owner until you obtain a lease offer, which is an important requirement for your Potato Corner franchise application.
STEP 3 -Apply for a Business Permit
Once you’ve finalized your location, you can start applying for a business permit. For sole-proprietorship, head to the Department of Trade and Industry (DTI). For corporation or partnership, register at Securities and Exchange Commission (SEC). After that, go to the city hall or municipal hall to apply for your business permit (also known as Mayor’s Permit). Remember that the procedures and requirements may vary depending on the city or municipality.
STEP 4 – Plan manpower
Upon receiving your business permit, you can plan manpower for your Potato Corner franchise, which includes hiring, schedule, salary, and their mandatories (SSS, PhilHealth, and Pag-IBIG).
STEP 5 – Apply for your Potato Corner franchise
Once you’ve done the (rather tedious) first four steps, you can finally submit your application for a Potato Corner franchise. You need to upload the following requirements on the Potato Corner website:
- Letter of Intent
- 2 Valid IDs
- Qualification form (downloaded from the Potato Corner website
- Market Study (also from the website)
- Lease Offer
- Draft of Contract
It could take roughly a month for your application to get approved. Once okay, you will go through a series of activities with the franchise team of Potato Corner to prepare you for the opening of your store. They will inspect your chosen location, hold a kick-off meeting, schedule your contract signing and payment, discuss construction (if applicable), and train your staff.
After completing step 5, pat yourself on the back because you’ve just become a Potato Corner franchisee. Good luck and enjoy selling delicious fries!
By the way, Potato Corner announced that it will be waiving franchise and royalty fees for the year 2020. For new applications, you can expect your investment to be cheaper by P100,000 or more!
When filing your application, be sure to inquire about this limited-time promo. You may also contact 09177065204 to know more.
3 Comments
These franchise prices seem rather high. It would be significantly cheaper for an entrepreneur to start out making their own fried potato business by making fries and their own herbs and spices toppings. Just my opinion, but good information on the prices of a franchise, thanks!
I would like to franchise potato how much it will cost me to start thanks
maam or sir morning po…aply ako bondery hulog grabcar…
active ako grabdriver…my #09151373450