[From left] Glenn Francis Yu of SEAOIL Philippines; Federico Moreno of Ystilo Salon; Rommel Juan, Binalot; Siu Ping Par, PR Gaz Haus
Nineteen franchise companies made it to this year’s Franchise Awards of ENTREPRENEUR Philippines, among them a Nueva Ecija-based beauty salon and an Aklan-based bakeshop.
After undergoing a stringent selection processes, the following franchise companies were adjudged among the best: 7-Eleven, AMA Computer Learning Center, Animaland Stuffery, Aquabest, Bibingkinitan, Binalot, Bread and Butter Bakeshop, Goldilocks Bakeshop, Ink & Prints, Kumon, Lots’A Pizza, Ministop, Orange Blush Salon, Pizza Pedrico’s, PR Gaz Haus, SEAOIL, The Generics Pharmacy, Waffle Time, and Ystilo Salon. [Read about the 2009 Franchise Awards here]
These companies won in one or several categories, including Best Homegrown Franchises, Best Foreign Franchises, Fastest Growing Franchises, Most Promising Franchises, and Best in Franchising Support.
The winners of the 2010 Franchise Awards 2010 not only showcase excellence in their respective fields, but have also proved that even in the worst of economic situations, there are still promising markets to capture. [See the full list of Entrepreneur Franchise Awards 2009 here]
The list of winners and their stories are the highlight of this month’s issue of ENTREPRENEUR Philippines, in recognition of the best-performing franchise brands that have contributed to the new moniker given to the Philippines, “the franchise hub of Asia.”
“These are the companies that have weathered economic crises not only because of the mettle of the men and women comprising them, but also because of the very business systems that they follow,” says ENTREPRENEUR Philippines editor in chief Leah B. del Castillo.
“This is the core of the franchising system, a veritable support system that helps jumpstart new entrepreneurs and keeps experienced ones on the challenging but rewarding path of entrepreneurship.”
Now on its 10th year, ENTREPRENEUR Philippines started giving these awards in 2006; in the last five years, the rapid growth and expansion of franchise brands has changed the economic atmosphere of the country, allowing a greater majority of Filipinos—even micro and small-scale entrepreneurs—to venture into business. - Carlo P. Mallo