Opening Franchise

How Do I Contact Beurger King Muslim Owner? Interested In...

New postby Manie » 15 Oct 2009, 16:49

How do I contact Beurger King Muslim owner? Interested in opening franchise in Bangkok, Thailand.?
Manie
 
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New postby Nelle » 15 Oct 2009, 16:49

You don't need to contact a Burger King franchise run by a Muslim necessarily, contact Burger King's Headquarters.

They'll be able to give you much more information anyway, if you wish to become a Franchise owner in another Country.

About the only thing I can think of that would be different in a Muslim country is that the Beef must be Halal, butchered in a way that conform's to Islamic eating law's.

Good luck!
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What grants are available for someone who is interested in..

New postby Hipolito » 15 Oct 2009, 16:49

What grants are available for someone who is interested in opening a franchise with hardly any money?

I am interested in opening a popular franchise of a business but I do not have very much credit as I am a recent first time homebuyer and my partner and I would like to find out what sort of business grants for first time business owners are available and also which ones are available for minorities(I am hispanic-Cuban/Nicaraguan).
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New postby Shayla » 15 Oct 2009, 16:49

According to the Minority Business Development Agency of the Dept of Commerce http://www.mbda.gov/?section_id=3
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Grants available are limited and generally for research projects, biotech or high tech.
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It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for starting a for-profit business.

One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs http://www.sba.gov/aboutsba/sbaprograms/sbir/index.html , which fund the research and development of technological innovation that meets specific government needs.

Your best bet actually will be from the states if they offer grant programs for women (or any other special interest groups -- minorities, women, disabled, veterans, etc). Or check with non profit organizations, particularly women organizations if they offer grants. Examples include

Iowa Women's Foundation http://www.iawf.org/
New Mexico Women's Foundation http://www.nmwf.org/guidelines.html

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CON_FAQ2.html

"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs
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