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The average cost to license a Starbucks store is $315,000. You’ll also need $700,000 in liquid assets to be considered. What Is the Concept Behind Licensing Instead of Franchising?
Tata Starbucks owned and operated Starbucks outlets in India as Starbucks Coffee "A Tata Alliance". [214] Starbucks opened its first store in India in Mumbai on October 19, 2012. [215] [216] [217] On February 1, 2013, Starbucks opened its first store in Ho Chi Minh City, Vietnam, [218] [219] [220] and its first location in Hanoi in July 2014. [221]
The fees must be fully disclosed and there should not be any hidden fees. The start-up costs and working capital must be known before the license is granted. There must be assurance that additional licensees will not crowd the "territory" if the franchise is worked according to plan.
The department's workload is divided into three elements: administration, licensing, and compliance. The Department's Headquarters in Sacramento consists of the Director's office and other offices performing licensing, fiscal management, legal, trade practices, training, and personnel/labor relations and other administrative support functions ...
The average cost to license a Starbucks store is $315,000. You’ll also need $700,000 in liquid assets to be considered. Take Our Poll: What Are You Worth to Your Company?
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[1] [2] It is alleged that Starbucks was able to do this by charging high licensing fees to the UK branch of the business, allowing them to declare a £33 million loss in 2011. [3] The UK subsidiary pays patent fees to the US subsidiary, purchases coffee beans from the Netherlands subsidiary (where corporation tax is lower than in the UK ), and ...