As customers came to buy ice, enterprising employee John Jefferson Green also began selling milk, bread, and eggs after hours in order to reduce the need for customers to travel long distances for basic items. The ease of shopping appealed to customers, and the profitable business model turned into one of the first convenience stores. Joe Thompson, one of the founding directors of Southland Ice Company, is credited with developing a training program that emphasized the importance of each customer receiving the same quality of service in every store. These were an early form of the brand standards that are now employed in franchising.
7-Eleven: We plan to build a billion-dollar business in 7-8 years, says Kishore Biyani
Business Plan | Convenience Store News & Information
Not only do they offer a guideline, but depending on your business they might have specific plan examples inside. I never liked the third option, and generally only suggest it to people who are unable to write a plan due to language barrier. Even then I encourage them to write the plan in their own language and then translate with the help of a friend. The rest of this post is to give you a basic idea of what a Business Plan for 7-Eleven might look like, or what you might want to consider including. I wish you luck with your plans and with your business. In my years with 7-Eleven, I have read dozens of business plans and have been involved in the approval process of many franchisees. So if you are considering purchasing a 7-Eleven and would like unbiased answers to all of your questions as well as advice on specific store locations:.
Public sector union challenges 7-Eleven’s plan to serve booze in stores
It is not valid for information purposes today. Grocery shopping has become commonplace, as simple and expected as getting gas or needing to feed yourself and your family members. People want to come in, grab things, and get out and move on with their day. Having to be polite or ask for things will only hinder their progress. MillenniumMart is the convenience store of the 21st Century future, fulfilling a need that will continue to exist into the future — the need for speed.
Get the best advice on how to buy and start a successful franchise business. The company also plans to expand its network to increase the stores to over 2, in the next few years by offering opportunities for more Malaysian entrepreneurs to share in the growth through its franchise programme. Ng Su Onn, its Executive Director, explains about this strategic move to Franchise Asia, and why now is just the right time to become a 7-Eleven franchisee. How close is 7-Eleven in achieving this target? Currently we are in negotiation with one of our partners, Shell Malaysia, to convert its Kedai Shell outlets into 7-Eleven stores in our pilot project.