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Franchising

Call for entries: Franchise Awards 2012

Jan 11, 2012

Franchising is one of the most popular routes for Filipinos to jumpstart their entrepreneurial journey with the guidance of recognized brands. It is also a way for companies to rapidly expand their reach beyond Metro Manila with minimum capital needed.

 

But not all franchise brands are made equal. Entrepreneur Philippines, the country’s leading publication on entrepreneurship and small business, is proud to invite you to its Annual Franchise Awards, a project that recognizes companies offering the most viable franchise investments in the Philippines.

Mechanics

1.     Fill out the official entry form and survey questionnaire available online at www.entrepreneur.com.ph/franchiseawards2012/entryform. You may also request these forms from the Franchise Awards 2011 secretariat at telephone number (02) 451.8888 local 1041.

 

2.     The Franchise Awards has five categories: Best Homegrown Franchises, Best Foreign Franchises, Most Promising Franchises, Fastest Growing Franchises, and Best in Franchising Support. Your company may be a contender in one or more categories.

 

3.     To be eligible for evaluation in any of the categories, franchise companies must satisfy the following qualifications:
 
If a homegrown franchisor:

  • At least three (3) years in the business;
  • Must be franchising for at least one (1) year; and
  • With minimum of three (3) units, at least one (1) company-owned as of December 31, 2011.


If a foreign franchisor:

  • Must be a master franchisee offering sub-franchises in the Philippines;
  • At least two (2) years in the business; and
  • With minimum of five (5) territorial units as of December 31, 2011.

 

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