The ProvisionShop Franchise is a much sort after Retail Model for the New Economy. Since its release of its ProvisionShop White Paper in mid March 2001 in Singapore, it has received various requests locally & inquiries from regional countries including Malaysia, Philippines and India. ProvisionShop is now working closely with a few prominent Franchisee potentials from these regions. Structured below is an attempt to give an overview of the ProvisionShop Franchise.

1. An Overview of
ProvisionShop
Franchise
All About ProvisionShop
and its Unique
Franchise System
A ProvisionShop Document
April 2001 First Release
October 2003 Updated

2. An Overview of
ProvisionShop Franchise
Content Summary
Page Title
5 Executive Summary
7 All About Franchising
11 Advantage of Joining a Franchise
13 The ProvisionShop Franchise
15 Types of ProvisionShop Franchise
Page 2 of 17 ProvisionShop Franchise System, April 2001

3. An Overview of
ProvisionShop Franchise
Detailed Content
Page Title
Executive Summary
5 I nt ro du ct io n
5 P r ov is i on Sh op Wh ite P ape r
6 A b out P r ov is i on Sh o p
All About Franchising
7 1 . D e f in it i on o f F ra n c h is i n g
7 2 . D e f in it i on o f F ra n c h is o r
7 3 . D e f in it i on o f F ra n c h ise e
7 4 . De finit ion of Franchise A greement
8 5 . Tenu re or Period of Contract
8 6 . I n it ia l Fee
8 7 . Royalty / Management Fee
9 8 . R e n ov a t ion C os t
9 9 . W o r k in g C a p it a l
9 10 . P ay m e nt Te rms
9 11 . T e r r it o ry
10 12 . S upp ly of G oods & Se rv ice s
10 13 . C omp liance w ith Cont ract
10 14 . T erm s of Te rm in at ion
All About ProvisionShop and its Unique Franchise System Page 3 of 17

4. An Overview of
ProvisionShop Franchise
Detailed Content - Continued
Page Title
Advantage of Joining a Franchise
11 1 . H i g h e r C h a n ce o f Suc ce s s
11 2 . Sh orte r Bus iness Learn ing Cu rve
11 3 . R e n ow n e d T r a de m a rk
12 4 . Econom ies of Scales in Bu lk Purchasing
12 5 . Joint Adve rt is ing & Prom ot ion
12 6 . T r a n s fe r o f M a n a gem e n t E xp e r t ise
12 7 . T r a in i n g
12 8 . S upp ort Se rv ice fr om F r anc h isor
The ProvisionShop Franchise
13 P r ov is i on Sh op F ran ch i so r
13 P r ov is i on Sh op O f fe r in g
13 1 . Documentation
13 2 . S u p p o rt
14 3 . H a r dwa re
14 Screen Shots
Types of ProvisionShop franchise
15 1 . P r ov is i on Sh op M aste r F ra nc h ise
15 2 . P r ov is i on Sh op St ate F r an ch ise
16 3 . P r ov is i on Sh op D ist r ic t F ra nch ise
17 4 . P r ov is i on Sh op In d iv id u a l Fr anc h ise
Page 4 of 17 ProvisionShop Franchise System, April 2001

5. An Overview of
ProvisionShop Franchise
Executive Summary
Introduction
“The ProvisionShop Franchise is a T he P r ov isi o n Sh op Fr a nch i se is a m u ch s o rt a ft e r Re t a i l
much sort after Retail Model for the
Mode l for the New Ec on omy. S ince its re lea se of its
New Economy. Since its release of
its ProvisionShop White Paper in mid Prov is ionShop White Pape r in m id March 2001 in
March 2001 in Singapore, it has
received various requests locally &
S i n ga po re , i t h as rece ive d v a r i ous reque st s loc a l ly &
inquiries from regional countries in qu ir ie s fr om re gion a l c ount r ie s inclu din g Ma lays ia ,
including Malaysia, Philippines and
India.”
P h i l ip p i n e s and I n d ia . Prov is ion S h op is n ow w o rk ing
c l o se ly w it h a few p r om ine nt F r an ch isee p ote nt ia ls from
Kenneth Kam, the se re g io ns .
Founder, Chairman & CEO
ProvisionShop Pte Ltd
S t ructu re d be l ow is a n at tempt t o g ive an ove rv iew o f the
P r ov is i on Sh op F r an ch i se . I f t he re be quest ions , p lease fee l
free t o cont act us at (65) 475 7884 or em ail u s at
c a re@P r ov is ion Sh op. c om .
ProvisionShop White Paper
T he P r ov isi o n Sh op W h ite P ape r w as p re se nt e d at t he
Singapore Ret a il Industry Confe rence ( S RIC) 2001 in
c o njun ct ion w i th The Ret a i l Ind ust ry T rade E xh ib it io n ( R ITE)
2001 in Sunte c Inte rnat ional Convention & E xhibit ion
th
Cen t re , S in g ap o re , o n 2 8 March 2001 .
P re se nt in g t he P r ov is i on Sh op Wh ite P aper wa s
c o n fe re nce spe ake r M r K e n ne t h K am , Fou n de r , Ch a i rman
& CEO of P r ov is i on Sh op Pte Lt d. The Wh ite P ape r is
entitled "Small is Beau tifu l : Why Small Shop s fit pe rfectly
in t he New Economy”.
P r ov is i on Sh op W h ite Pa per ava il a b le at
w w w . P r ov is i on Sh o p .c om .
All About ProvisionShop and its Unique Franchise System Page 5 of 17

6. About ProvisionShop
Prov is ionShop was founde d in 1999 to address the
“The ProvisionShop Brand is about
helping our Partners gain an unfair growin g need of retailers of all sizes to acqu ire, retain,
sustainable competitive advantage.
It’s about these Business Partners
a n d better se rve the ir cu st ome rs . Today , Pr ov is ion Sh op
staying alive, well and profitable. Systems is the Pre fe r red Approa ch to Bu ilding Better
It’s about using technology, proven
retail processes & business
Bu siness Value both in the retail & logistic indu stries.
strategies to maximise their P r ov is i on Sh op Pte L t d is ded i c ate d t o e nh an ci n g t he
positioning.”
Value C hain & sees itse lf as a Bus ine ss En ab le r. It works
Kenneth Kam,
close ly w ith its Bus ine ss Part ne rs , s o that t hey can bu ild
Founder, Chairman & CEO for t hemse lves a mor e p r ofita b le an d r e leva nt , cu st ome r
ProvisionShop Pte Ltd
c e n t r ic e n t e r p r i s e , m a x im is in g t h e ir e a s e o f o p e ra t ion ;
using ProvisionShop’s unique Mu lt i-Ch an ne l ap proa ch .
The Prov isionShop Brand is about he lping ou r Part ne rs
g a in an un fa ir sust a ina b le c om pet it ive a dv ant age . It’s
a b out t he se Bus ines s Pa rt ne rs s t ay ing a l ive , we l l an d
p r ofit ab le . It ’s a b out us in g te chn ology , p r oven r eta il
p r oce sses & bu s ine ss s trate gies to m axim ise t he ir
p os i t io n ing .
P r ov is i on Sh op i s he re t o st ay for t he l ong t e rm.
Page 6 of 17 ProvisionShop Franchise System, April 2001

7. All About Franchising
1. Definition of a Franchise
F r an ch is ing is a n a rr a ngeme nt whe re a p a rty wh ic h h as
“Franchising is an arrangement
where a party which has developed deve loped a way of ru nnin g and managing a bu siness
a way of running and managing a
su cce ssfu lly , licences anothe r party the rights to ope r ate
business successfully, licences
another party the rights to operate th at bu s ines s form at un de r the Tr a de or Se rv ice Ma rk (s) .
that business format under the Trade
or Service Mark(s). The business
The bu sine ss arrangement inv olves a forma l le gal
arrangement involves a formal legal c ont ra ct bet ween the tw o p a rt ies . Th is form a l le ga l
contract between the two parties.
This formal legal contract is known
cont ract is known as t he Franchise A greement .
as the Franchise Agreement.”
2. Definition of a Franchisor
All About Franchising
T he fr an ch iso r is the pa rty tha t own s the T r a de o r S e rv ice
Ma rk (s) an d ha s deve lope d t he p roven way of r u nn in g
and managing the bu siness which cou ld be duplicate d
a n d o p e r ate d b y a t h i r d p ar t y .
3. Definition of a Franchisee
T he fr an ch isee is the p ar ty th at o bta in s t he licen ce t o
t ra de a n d o pe rate a bus ines s us in g the form at an d the
T r a de o r Se rv ice Mar k( s) o wned by the fra nc h is o r.
4. Definition of a Franchise Agreement
The franchisee agreement is a le gal cont ract bet ween
the franchisor and the franch isee spe lling ou t the rights
a n d ob liga t ions of b ot h pa rt ies , te rms a n d c on dit ion s
inclu din g that for termin ation, and the validity period.
This agreement is drawn up by the fra nch iso r’ s lawye rs .
Pote ntia l fr anchisees shou ld consu lt othe rs who are
k n o w led ge a b le o n s u c h a g reement s t o go through t he
details before sign ing it.
All About ProvisionShop and its Unique Franchise System Page 7 of 17

8. 5. Tenure or Period of Contract
This is the pe riod of validity of the le ga l contra ct
bet ween the fran ch is or an d fra nc h isee . It is usu a lly set by
the franchisor. The le ga l contract can be as sh ort a s 3
years to as long as 10 years or more . Gene rally spe aking,
the longe r the v a lidity pe riod, the more one has to pay to
join the fr anchise . Usu a lly, the condition to renew the
c o nt ra ct is st ate d . In s ome ca ses , fr anc h is o rs may a l low
for a re new a l of the cont ract for the same period again
a t n o a d dit i on a l cos t . I n ot h e r c a s e s , f r an ch is o rs m ay ask
f o r the payme nt of a n a d dit i on a l fee t o renew t he
c o nt ra ct . It i s t here fo r e imp o rta nt t o f i nd o ut e x ac t ly h ow
long the validity pe riod of the contra ct is for the sum of
m oney p a id t o j oin the fra nc h ise .
6. Initial Fee
T he in it ia l fee is the up -fr ont payme nt tha t the fran ch isee
must m ake t o t he f ra nc h is o r to obtain the rights to be the
business format and Trade or Se rv ice Ma rk(s) for a
s p eci f i c p e riod. I n re t u rn f or th is fee , m ost fran ch is ors
prov ide serv ice s like shop opening assistance , design and
lay out o f the p rem ise t o fac ilit ate an ea r ly c onve rs ion t o
a f r anc h ise out le t .
7. Royalty / Management Fee
T h is is an on -goin g p aymen t, u sua lly ma de mont h ly , by
the fr an ch isee t o the fr anc h is o r . T he fee is usu a lly b ased
o n a p erc e n t a ge of t h e gr os s m on t h ly s a le s . H ow e ver, it
c ou l d a ls o b e a f i x e d f e e o r a v a r ia t i o n o f o n e o r b ot h . I n
r etu rn for t h is fee, t he fra nc h is or usu a lly pr ov ide s
ma na gement serv ice s inc ludin g j oin t a dve rt is in g and
p r om ot ions , up dat ing of the proce du res, con t inu ous new
p r o duct deve l opment an d s o o n .
I t i s g o o d t o w o rk out t h e m on t h ly a m oun t t o b e p a i d b y
the franchisee based on ce rt ain projecte d sale s.
Page 8 of 17 ProvisionShop Franchise System, April 2001

9. 8. Renovation Cost
The re n ov a t io n c os t re fe rs to the cost that will be
incu rre d by the franchisee t o convert the prem ises t o t he
image and lay out spe c ifie d by the franchis or. This cost
has to be borne at t he be ginning of the franchise
r e lat ionsh ip . He nce, fr an ch isees w ill nee d to have
su fficient capit a l to pay for this am ount up-front even
be fore cust ome rs start com ing in .
9. Working Capital
F r an ch isees must set a s ide su ffic ient fun ds as w ork in g
cap it a l t o p ay for normal bus ine ss ove rhe ads e . g. ut ility
bills, sala ries, pu rc hases of goods and se rv ices. Althou gh
m os t f r a n c h is o rs d o p r ov i de c re d it t e rms f o r t h e g o o ds
a n d serv ice s p rov ide d, th is on ly de fe rs the payme nt .
When the time arrives, franch isees will still nee d to pay
up.
10. Payment Terms
G oods and se rv ice s prov ided by t he franchisee have t o
be paid for. The period by whic h franchisee s are given t o
p ay up is s pec ifie d by t he fr a nch is or un de r p ayment
te rms. Usually franchisors prov ide the same credit te rms
like 30 day s or 60 days credit, similar to othe rs in the
s ame t ra de .
11. Territory
F r an ch is o rs usu a l ly u n der take n ot to s et up a n othe r
franchise outlet within the territory specifie d unde r the
fr a nch ise a greement . The s ize of the te rrit ory is re la t ive t o
t he bus ines s an d t he c on t r ac t . I f a f ra nch i se ca n sup po rt
a la r ge numbe r o f fra nc h isees , t he te rr ito r y g iven may be
small.
All About ProvisionShop and its Unique Franchise System Page 9 of 17

10. 12. Supply of Goods and Services
F r an ch is o rs u su a l ly s pe c i fy t ha t a c e rta i n m i n imum
pe r cent age of goods an d s e rves nee de d by the
franchisee mu st be obtaine d from t hem . It is not
un c ommon for the fr a nch is or s t o ins is t on the figu re be in g
100 % as they want to e nsu re the qu ality of the goods and
se rv ices prov ided.
13. Compliance with Contract
F r an ch isees a re requ ire d t o c om p ly w it h the te rms and
condit ions of the franchise agreement . This is to ensure
th at fran ch isees c onduct themse lve s in a m anne r th at w ill
n ot a f fec t the ima ge and bus ines s of t he o t he r
fra nch isees . Fran ch is ors have the right t o te rm inate the
franchise agreement in case franchisees who, after
r e p e a t e d w a r n in gs , f a i l t o c om p ly . On t h e o t h e r h a n d , i f
the f r a nch i so r d oe s n o t ab i de w ith the t erm s spelt ou t in
the franchise agreement , the fr anchisee can also seek
r e dre s s .
14. Terms for Termination
T he re a re 3 ways in wh ich the fr a nch ise a r r an gement c an
be te rm inated. The first is when t he cont ract e xpires. The
se cond is by the franchis or unde r a breach of a te rm(s) in
the franchise agreement . This can happen be fore the
e xpiry of the agreement . However, such forced
te rm in at ion is n ot c omm on un le ss the re a re fr equen t
b re ache s by the fr a nc h isee . The th ir d is whe n t he
franchisee opts t o withdraw fro the franchise be fore
e xp iry o f the fra nc h ise cont rac t.
Page 10 of 17 ProvisionShop Franchise System, April 2001

11. Advantages of Joining A Franchise
1. Higher Chance of Success
I n any bus iness ventu re , the re is a lw ays a r is k o f fa ilu re .
“In any business venture, there is
always a risk of failure. However, H oweve r , t he c on cept of f r a nc h is in g is ba se d on
the concept of franchising is based
following a proven way of operatin g the business
on following a proven way of
operating the business according to a cc or din g t o the forma t deve lope d ove r t he yea r s b y the
the format developed over the years
by the franchisor. Hence the chance
fra nch is or. He nce the c han ce of suc cess as a fran ch isee
of success as a franchisee is many is many times higher than running y our own indepe nde nt
times higher than running your own
independent business.”
bu s ines s. In a su rve y s c on du c t e d wor ld w i de , mor e t h an
Advantage of Joining a Franchise 70 t o 90 pe rcent of franchisees who ope rated e x ist ing
bu siness reporte d that joining a franchise had he lped
them t o do bette r.
2. Shorter Business Learning Curve
F r an ch is ors have spent many years an d su bst ant ial s um of
money to bu ild up, deve lop and docume nt how the
bu siness shou ld operate . A franchisee will ga in fr om this
we alth of expert ise and know le dge from the franchis or,
the re by requ i r in g a muc h sh o rte r t ime t o l e a rn h ow t o run
t he bus ines s.
3. Renowned Trademark
T he Tr a de o r Se rv ice Ma rk (s) o f the fr an ch is o r is usu a lly a
re giste re d & familiar mark of qu ality . In a franchise , the
franchisee be ne fits fr om the goodwill and the re cognit ion
o f s u s t a i n e d q u a l ity f r o m t h is T r a de o r Se rv ice M ar k ( s ) b y
cu st ome rs.
All About ProvisionShop and its Unique Franchise System Page 11 of 17

12. 4. Economies of Scale in Bulk Purchasing
A typical small business owne r will find it difficu lt to
obtain good discounts on th e p u r ch ases o f p r o du c t s an d
se rv ices bec ause o f t he ir s ize o f t h e or de r . H ow e v e r in a
fr a nch ise , the re is a po o ling o f the pu rc has in g nee ds of
all franchisees. Collect ively , t he refore, they have
s t r on ge r p u r c h a s in g p o w e r w h i c h t ra n s la t e s int o l ow e r
c o s t o f g oo d s a n d s e rv ice s .
5. Joint Advertising and Promotion
S im ila r ly , fr a nch isees a r e ab le t o p ool r es ou rce s t o c ome
u p w it h j o int a dv e rt is i n g a n d p r om ot i on p r o g r a m m e s w it h
the franch isor at a low c ost . I n a dd i t ion , t h e f ra n c h ise
c an p r ojec t a cons iste nt an d s t r on g ima ge , wh ich gives
c o nsu m e rs c on f i de nce i n pu rch as in g f r om f ran ch i se e s .
6. Transfer of Management Expertise
F r an ch is o rs u s u a l ly h av e a w e a lt h o f e x p e r ie n ce and
e xpe rt ise in m an ag in g t he bus iness . I n a fr an ch ise , t he
fr a nch is or h as veste d inte rest in t r ans fe r r in g th is kn ow -
how t o franchisees t o he lp them succee d. The su cce ss
and profitability of the franchis or is usu ally dire ctly linked
t o that of the franchisee s.
7. Training
F r an ch isee ca n usua lly rece ive t r a inin g an d gu idan ce
from the franchisor to enable them t o perform bette r.
8. Support Services from Franchisor
F r an ch isees can u sua lly depen d on the fra nch is or t o
prov ide relevant support se rv ices at a lowe r cost. Some
f r a n ch i s or a s s is t f r anc h ise e s t o r e c ru it s t a f f , d o t h e i r
accou nt ing, re locate t o better p re m ise s , c on du ct l o c a l
p r om ot ions et c .
Page 12 of 17 ProvisionShop Franchise System, April 2001

13. The ProvisionShop Franchise
ProvisionShop Franchisor
“ProvisionShop Franchisor grants The Prov isionShop Franchise M ode l & C on c e p t a n d the
each of its Franchisees, the licence
Prov is ionShop Brand is fully owned by it s World
& the rights to trade and operate the
ProvisionShop Franchise Model & He a dqu arte rs , P r ov is ion Sh op Pte Lt d. T h is in c ludes a ll
Concept, the ProvisionShop Brand
Serv ice Ma rk(s) and Trade N ame(s) / Ma rk(s) owne d by
and all other Service Mark(s) and
Trade Name(s) / Mark(s) in P r ov is i on S h op a n d i t s s u b s id i a r ie s . F o r t h e p u rp ose o f
accordance with the ProvisionShop
Franchise Agreement.”
c o rp o r ate c o m m u n ic at i on s , P r o v is i on Sh o p P t e Ltd i s a l s o
k no wn as t he Pr ov is i on Sh o p F r an ch is o r a n d v i ce v e r sa .
Kenneth Kam, P r ov is i on Sh op F r an ch i so r g r ants each of it s Franchisees,
Founder, Chairman & CEO
ProvisionShop Pte Ltd
the lice nce & the r ig ht s to t r ade and ope ra te the
P r ov is i on Sh op F ran ch ise M o de l & C on ce pt , t he
P r ov is i on Sh op B ra nd a n d a l l o t her Ser v ice M a rk( s) and
Trade N ame(s) / Mark(s) in a cc o r da n ce w it h the
P r ov is i on Sh op F ran chise A greement .
P r ov is i on Sh op F r an ch i se w he t he r Master, State, District or
I n d iv i du a l c a n a l s o be a r ra n ge d w it h i n a n e xc lu s ive
g e ogr a p h ic a l l o c a t io n o r re g io n a n d for a l o n ge r f i x e d
t ime pe riod bas is .
ProvisionShop Offering
A l l P r ov is ion S h op F ra n c h ise e s w i l l b e is s u e d w it h ;
1. D o c um e n ta t io n
A) The ‘Prov isionShop Franchise Ma nual’ (v .2001 June) .
B) ‘ P r ov is i o n Sh op F ra n c h i s e e I m m e d ia t e St a r t e r K it ’ .
C) ‘ P r ovis ion Sh op F ra n c h i s e e Supp ort & Re fe ren ce K it’ .
D ) ‘Ce rt ificate of Au thent ic Franchise’ & t he
‘Prov isionShop Franchise Me dallion’ given by founde r
Mr. Kenneth Kam.
2. S u pp o rt
E) U pt o 3 sets o f ‘ Retu rn A i r T i cket t o S i n gap o re’ f o r
a t t e n d in g t ra i n in g ses s io ns a t Pr o v is i on Shop Un ive rsit y .
F ) ‘P r ov is i o nSh op Inte rna t iona l Hot l ine A cces s’ , a t o l l -
All About ProvisionShop and its Unique Franchise System Page 13 of 17

14. free phone numbe r to call and seek adv ise &
gu idance from.
G) An e xc lu s ive ‘P r ov is io n Sh op Fra nc h ise I D Numbe r’ ,
u s e d in a l l c o r re s p on de n c e f or i de n t i f ic a t io n p u rpo s e s .
H ) ‘ P r ov is i o n Sh op S ou v e n i r , Mem o ra b i l ia & S t a t ion e ry
Set’.
3. H a rdw a re
I) A 2 by 3 feet ‘ R o om S a fe’ f o r kee p in g a ll i mp o rta nt
“ProvisionShop offers a
comprehensive base of Services &
d o cumen t s & ite ms secu re ly .
Supports, including Hardware that
J) A st an da rd Pent ium II I De sk -Top C ompu te r w ith 17”
will make front line retailing easier.”
S u p e r VGA S c re e n , 1 0 G B H a r d- d i s k St o ra g e , C D Rea d
Kenneth Kam, & Wr ite set , in c luding one C olou r L ase r P r in ter , one
Founder, Chairman & CEO
S c a n n e r , o n e E xt e rna l M o dem , o n e S c re e n - T op
ProvisionShop Pte Ltd
C a m e r a ( fo r V i de o C on fe re nc i n g) , o ne set C ambr i d ge
S ou n dWork s Spe ake rs an d its ac c omp any in g or igina l
sy ste ms s of t w a re & C Ds .
K) F u l l s e t o f ‘ P r ov is i o n S h op S o ftw a re’ , in 6 x C Ds .
L ) Fu ll set POS Sys tem (P oin t O f Sa le s) , inc lu din g S c reen ,
K e y b o a rd a n d D ra w e rs .
I n ve n t o r y C o n t r o l Order Entry Purchase Order
Ac c o u n t s R e c e i va b l e Ac c o u n t s P a y a b l e General Ledger
Page 14 of 17 ProvisionShop Franchise System, April 2001

15. Types of ProvisionShop Franchisee
1. ProvisionShop Master Franchisee
“ProvisionShop Master Franchise is P r ov is i on S h op M a s t e r F ra n c h ise i s a w a rd e d t o des e rv in g
awarded to deserving Country Level
C ount ry L eve l R et a i l C on su lt ants , Ma na gement
Retail Consultants, Management
Companies, prominent Business C omp an ies , p r om ine nt Bu s ines s I n d iv id u a l s or R e t a il
Individuals or Retail Related
Re late d Comp an ies wh o has p r oven them se lves w orthy
Companies who has proven
themselves worthy of, gained the of, ga ined the respe ct a n d a ssume d the le a ders h ip r ole
respect and assumed the leadership
role of their respective retail or
o f t he ir r es pect ive ret a i l o r l ogistics fie lds. This licence &
logistics fields.” r i g hts t o t ra de an d o pe ra te is w it h in a C ount ry or R e g io n
Leve l as de fine d by the Prov is ionShop Franchise
Kenneth Kam,
Founder, Chairman & CEO
A greement t o be signe d between Prov is ionShop Master
ProvisionShop Pte Ltd F r an ch isee & P r ov is ion Sh op F ra nc h is or. T he P r ov is ion Sh op
Ma ste r F ra nc h ise holds the lice nce & the r ight s t o form
S t a t e F ra n c h ise e s , Dis t r i c t F ranchisee s & issue Indiv idual
F r an ch isees an d may derive m ont h ly, qu arte rly or annu al
royalty / management fees fr om t hem subjected to t he
te rms of conditions laid by t he P r ov is ion Sh op F ra nc h ise
A greement .
2. ProvisionShop State Franchisee
P r ov is ion Sh op Sta te F ra nc h ise is aw a rde d t o dese rv ing
State or C ity Leve l Re tail C onsu lt ant s , Manageme nt
C omp an ies , p r om ine nt Bu s ines s I n d iv id u a l s or R e t a il
Re late d Comp an ies wh o has p r oven them se lves w orthy
of, ga ined the respe ct a n d a ssume d the le a ders h ip r ole
fr o m t he ir re spe ct ive re ta il o r lo g ist ic s fie lds . T h is lice nce
& right s t o t r a de and ope r ate is w it h in a S t ate or C ity of a
C ount ry as de fined by t he P r ov is ion Sh op Fr a nch ise
A greement t o be signe d between Prov is ionShop State
F r an ch isee & P r ov is ion Sh op F r an ch is or or its des ign ate d
P r ov is i on Sh op M aste r F r anc h ise e . The Pr o v is i on Shop Sta t e
F r an ch ise h o lds the lice nce & t he r ights t o form D ist r ic t
Franchisees & issue Indiv idua l F r anc h isees an d may
All About ProvisionShop and its Unique Franchise System Page 15 of 17

16. de rive m ont hly, quarte rly or annu al royalty /
management fee s from them su bje cted t o the te rms of
conditions laid by the Prov isionShop Franchise
A greement .
3. ProvisionShop District Franchisee
P r ov is i on S h op D i s t r ic t F r a n c h ise i s a w a rd e d t o des e rv in g
District, Div ision al or Precinct Leve l Retail Consu ltants,
Management C ompan ies , p rom ine nt Bus iness In div iduals
or Retail Re la ted Companies who has proven themselves
w o rthy of, g a ine d t he re spe ct a nd a ssume d the
l e a de rs h ip r o l e w it h i n t h e ir res p e c t iv e ret a i l o r l og i s t i c s
fie lds . Th is lic en ce & r ig h ts to tr a de an d o pe ra te is w ith in
a D i s t r ict , D i v is i on a l o r P re c inc t o f a C o u n t ry as d e f in e d
by t he P ro v is i on Sh op F r an ch ise A g re e m e nt t o be s i gne d
bet we e n P r ov is ion Sh op D i st r ict F r an ch i se e &
P r ov is i on Sh op Fr an ch i so r o r its des i gn ate d P rov i s ion Sh op
Ma ste r or S t ate F ra nc h isee . T he P rov is ion Sh o p D ist r ict
Franchise holds the licence & the rights to issue
I ndiv idu a l F r an ch isees an d may de r ive m ont h ly, qu a rte r ly
or annu al royalty / m anageme nt fee s from t hem
su bje cte d to the t erm s of c o n d it ions laid by t he
P r ov is i on Sh op F ran chise A greement .
Page 16 of 17 ProvisionShop Franchise System, April 2001

17. All About ProvisionShop
and its Unique Franchise System
4. ProvisionShop Individual Franchisee
April 2001 Updated October 2003
P r ov is ion Sh op In div idua l F ra nc h ise is aw a rde d to
dese rv in g Retaile r s, Sh op Owne rs an d p rom inen t Bus iness
Author:
Indiv idu als who has proven themselves worthy of, gained
Kenneth Kam
the re spec t an d as sumed the le a ders h ip r ole in t he
Reference Source :
respe ct ive community they serve in . T h is licen ce & r ight s
Check it out !
Before Joining a Franchise,
t o t r a de a n d ope ra t e is w it h i n an indiv idua l shop out le t
A Guide for the Potential Franchisee
PSB, 1996 and it s immedia te pr oxim ity as de fine d by the
P r ov is i on Sh op F ran ch ise A g r e e m e nt to be s i gne d
ProvisionShop World Headquarters
9, Temasek Boulevard #31-02 bet we e n P r ov i s ion Sh op I n d iv i dua l F r an ch ise e &
Suntec Tower Two
Singapore 038989 P r ov is i on Sh op Fr an ch i so r o r its des i gn ate d P rov i s ion Sh op
M a s t e r, Sta t e o r D is t r i c t F r a n c h ise e . The P r ov is ion Sh op
Worldwide Inquiries:
Phone: +65.820.2022 I ndiv idu a l F ra nc h ise h o lds the lice nce & the r ig hts to
Fax: +65.234.2022
be ne f it f ro m be i ng a P r ov is i on Sh op F ran ch ise e an d e nj oy
info@ProvisionShop.com the a dvant a ge , sup po rt & se rv ice s fro m P r ov ision Sh op
www.ProvisionShop.com
F r an ch is or or it s des ign ate d P r ov is ion Sh op Ma ste r , Sta te
Only ProvisionShop’s Complete Retail
Strategy can enable you to build better
or Dist rict Franchisee , subjected to the te rms of
business value & be
conditions laid by the Prov isionShop Franchise
closer to your customers.
A greement .
ProvisionShop
is a trademark of
ProvisionShop Pte Ltd,
the Holding Company.
Various product and service names
referenced herein may be trademarks of
ProvisionShop Pte Ltd. All other product
and service names mentioned may be
trademarks of their respective owners.
Copyright © 1999 - 2003
ProvisionShop Pte Ltd
All rights reserved.
All About ProvisionShop and its Unique Franchise System Page 17 of 17