Franchising has undoubtedly been a popular and profitable way to make the shift from employee to entrepreneur. There are approximately 125,000 franchised outlets in the country as of May 2012. But what determines franchise success? The support of the franchisor is crucial to the success of a brand on top of good old-fashioned hardwork by the franchisee. Keeping communication lines open between the franchisor and franchisee is also important. If you are thinking of getting a franchised business, be on the lookout for industry events where you can see and compare many brands all under one roof. One of the major industry events of the year is the Franchise Asia Philippines 2012 where we saw established and new franchise brands come into the market.
Milk tea brands have taken Manila by storm. For a unique take on the craze, check out beans & bros. that specializes in English tea and coffee. Unique menu items include Caramel Corn Crumble, Twinings Classic Earl Grey and Red Raspberry in addition to cakes.
Are you interested in a beans & bros. franchise? For more details, click here.
Photo by Majoy Siason
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