Llao Llao Yogurt Case Study

Llao llao yogurt is origin from Spain and the company established in 2009. It has more than 100 shops at Spain after 3 years from its established. Today, the company has expanded its brands over 13 countries such as Portugal, Turkey, U.K and Singapore (Internationalfranchisedirectory.net, 2016). Llao llao yogurt has 25 shops strategically located at Singapore such as Ang Mo Kio MRT station, Singapore Polytechnics as well as the malls and et cetera (Llaollaoweb.com, 2016). The location is very convenient for consumer. This brand buzz into Singapore less than 5-year time and it has expanded smoothly as their products is affordable, low calories, low fat and served creamy at 5º Celsius under the hot weather (Llaollaoweb.com, 2016). Singapore is

The Singapore food and beverage is no doubt growing however it does not mean that as a business owner are surely gain from its businesses. The rental cost is usually killer factor in Singapore due to limited land. Many food entrepreneurs will comprise on location due to cheap rental but then come to regret it eventually. The general rule for costing of raw material, it should not exceed 35 percent of overall gross sales. As yogurt entrepreneurs, basically you have to employ at least one full timer to run the shop and weekend can consider to employ one more part timer to serve the crowd. There are these intangible such as service, attitude and consistent quality of the yogurt are the key important ingredients to customers’ brand loyalty. As an entrepreneur to start up a similar yogurt concept, the cash flow of operating must at least support for first 3 years either the businesses is on profit or loss. The budget calculation must be very cautious cause the ultimately contribute to extraordinary failure is due to either under forecasting of the costs or being over confident on the sales front (Foreverfinancialfreedom.blogspot.sg,