Franchising in Bangladesh


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Franchising in Bangladesh

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Franchising in Bangladesh

  1. 1. Welcome To Our Presentation
  2. 2. Submitted To: ********* Senior Lecturer Dept. Of Business ****** International University Submitted By: ******** 111122281 ******** 111122218 ******** 111122282
  3. 3. A big thanks to all… Specially to our honorable course teacher… Today our presentation topic is: Franchising Business
  4. 4. Franchising is a particular type of business using another firm's successful business model. The word 'franchise' came from French language “franc” which means “free”. Definition of Franchising Business.
  5. 5. Franchising Agreement A Franchise Agreement is a legal, binding contract between a franchisor and franchisee. A franchise agreement contents can vary in content depending upon the franchise system, the state government laws of the franchisor or franchisee.
  6. 6. Franchising In Bangladesh A lot of franchising business have been established in Bangladesh. All of them are highly popular and our people accepted them well. Some of the famous franchising business examples of our country are KFC, Pizza Hut and Domino’s Pizza.
  7. 7. Terms Of Service KFC of North Corbin, Kentucky is the operational headquarter of KFC. It makes the contracts with all the franchisees. According to the franchising deed, KFC, Dhaka will be bound to keep the standard of their dishes. For this reason they provide training to the cooks and the recipes, to maintain the standard worldwide.
  8. 8. Royalty and Other Fees According to the Majharul Islam, manager of KFC, Baily Road, they paid approximately $50000 as royalty. This money covers opening costs, license fee, equipment payments. The franchisee needs to arrange a suitable place and also ensure safety to the customers. A nice place and safety is conditioned by the franchisor.
  9. 9. Location and Safety Franchisee needs to set up his business at a place which is easily accessible from most of the areas around that place. And they must ensure safety to the customers. As KFC is situated at Gulshan, Baily Road, Dhanmondi and Kakrail.
  10. 10. Original Food Menu and Recipes KFC provides the food menu items as like the main KFC and they follow the original recipes which are provided by the franchisor. This is done in order to keep the food value same all over the world and to ensure the same taste to their customers.