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Startup Tips

Exploring a franchise opportunity? 5 key questions to ask

Ask these questions first before venturing into franchising to have a smooth-sailing business.

A franchise lets people experience the freedom of business ownership with the security of operating with a proven business model.A prospective franchisee learns more about this financial operation and embarks on a discovery process. He should be prepared with what to expect from such initial ...

by Anna Wilds  | May 06, 2015 08:00:00
Franchising

Top reasons why this milk tea franchise is a good business opportunity

Its reasonably-priced products are just among the reasons why Tea Generation is a good business idea. Find out other franchise benefits below and start your own venture soon.

by MJ Dinglasan  | March 20, 2015 07:00:00
News and Events

Ministop opens its 500th store in the country

Continuous expansion through franchising is what this convenience store is aiming for the coming years.

Proving its consistency in expansion, Ministop opened its 500th store in the country on March 19, 2015. Located at the Robinsons Magnolia Residences in Quezon City, the newest branch of the convenience store chain will serve mall goers, students, and nearby residents ...

by Press Release  | March 19, 2015 07:00:00
Startup Tips

Hungry for more

This serial franchisee dreams of becoming a franchisor someday.

When she was 18 trying her luck in New York, Pauline Plata-Bondad worked as a wait staff and as a kitchen helper in restaurants. “I learned the hard way how a food business operates,” the Batangueña says of the experience. Now 33 ...

by Toni Antiporda  | February 04, 2015 11:00:00
Franchising

From employee to entrepreneur

It is never too late to leave your job and make your dreams of being an entrepreneur come true. You will need to be determined and prepared to do it but the rewards are worth it in the end.

We initially started by building a store structure in our property in Quirino province, at that time we did not know yet what kind of business we would put up. By studying our community, doing research and asking our friends for possible ...

by Beverly Mariñas  | September 02, 2013 02:00:00
Franchising

Franchise 101: The terms

A glossary of franchising terms

Are you looking for a franchise brand to buy? It pays to know as much as you can when opening a new business. Here are the terms commonly used in the industry:Business format franchising A method of business expansion whereby a business owner ...

April 16, 2013 01:00:00
Franchising

Oryspa: Franchise brand on the rise

The Philippines is among the world leaders in creating franchise concepts.

The Philippines is among the world leaders in creating franchise concepts.  Here we take a closer look at the Oryspa franchise model which takes a typical business concept and gives it their own spin. Oryspa: Unlocking the benefits of rice branIts name sounds ...

by Jimbo Owen Gulle  | April 12, 2013 03:00:00
Franchising

Find the franchise that fits

There are hundreds of franchise concepts out there. Finding the right one for you is not a matter of luck; here are a few guidelines.

 Getting a franchise business to own and operate gives the prospective franchisee certain benefits that other entrepreneurs may not have. For one, a franchise business works on a proven business formula and systems, minimizing the barriers to entry especially for the new ...

April 01, 2013 02:00:00
Franchising

8 requirements to franchise a business

Thinking of franchising your brand? Let our franchise expert tell you what you need.

Q: What are the requirements that I need if I want to franchise my business?A: 1.      Business Concept. Define what type of business  you have.2.      Longevity. How long has the business been in existence?3.      Profitability. How is the financial picture of the business?4.      ...

by Armando O. Bartolome  | June 08, 2012 06:00:00
Franchising

Entrepreneur Franchise Awards 2010

Here\\\'s the complete list of 19 excellent franchise brands

[From left] Glenn Francis Yu of SEAOIL Philippines; Federico Moreno of Ystilo Salon; Rommel Juan, Binalot; Siu Ping Par, PR Gaz HausNineteen franchise companies made it to this year’s Franchise Awards of ENTREPRENEUR Philippines, among them a Nueva Ecija-based beauty salon and ...

June 28, 2010 11:00:00
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