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FranchiseTalk: 5 signs your business is ready to franchise

You might be sitting on a goldmine and not realize it yet

If you're an entrepreneur who's been running a business for more than a year, chances are you've probably heard your fair share of this question from colleagues and customers: “So, will you franchise your business?”Maybe you haven't really given franchising much thought, ...

by Sam Christopher Lim  | October 06, 2016 12:00:00
Run & Grow

How to manage risks in franchising

Deal with issues ranging from copycats to quality control

Finally, after years of growing your business, you feel like you’re ready to franchise. Yet something holds you back. Perhaps it’s the horror stories you’ve heard about failed food carts and their problem franchisees. You just don’t want that kind of headache.“Once ...

by Toni Antiporda  | August 24, 2016 07:00:00

FranchiseTalk: 10 franchises with no (or low) franchise fees and royalties

Your choices include food, furniture, and even a math course

 One of the reasons why aspiring franchisees shy away from sealing the deal with their franchise investments is the fear of exorbitant fees from franchisors. Most professionally developed franchise brands go through a process to determine the right amount of fees to ...

by Sam Christopher Lim  | August 18, 2016 04:00:00

Understand these 9 terms in a franchise agreement

Read between the lines so you know what you are getting into before buying a franchise.

“The franchise agreement is important because it’s the heart and soul of the business,” said Armando “Butz” Bartolome, president of GMB Franchise Consultants.Everything you need to know about managing your franchise and maintaining a good relationship with your franchisor can be found ...

by Toni Antiporda  | March 16, 2016 05:00:00

Financing your dream franchise

Here are some tips on how to secure capital for your franchise

We all have dreams, but sadly, not everyone has the courage or perhaps the money to pursue them. If your dream is to own a franchised business, in particular, you probably are too scared to pursue that dream because you think you ...

by Mary Anne Velas  | July 15, 2013 10:00:00

Mark your calendar: Franchise Asia 2013

Check out one of the biggest franchise events of the year.

Franchise Asia Philippines 2013 is one of the biggest industry events of the year. It gathers local and international franchise players to share the best global practices. It is also the best place to discover new business opportunities as well as to ...

July 08, 2013 01:00:00

10 franchise opportunities for the young and young at heart

This is a list for the fresh grads, or aspiring business owners who are still in school.

Entrepreneur Philippines gave you a shortlist of the franchise businesses that would be great for the summer season. This week, we\\\'re giving you one more list based on our franchise directory. But this time, we\\\'re targeting younger entrepreneurs: the fresh grads, or ...

by KC Calpo  | June 19, 2013 01:00:00

Affordable franchise opportunity: Postal Station

Postal Station is a franchise program of PHLPost for those who wish to start and own their business with minimal capital.

The Philippine Postal Corporation (PHLPost) officials recently launched the first privately operated Postal Station owned by Techno-Point I.T. Consultancy Services in Caloocan City Hall Complex.During the launch, the first day cover of the Private Mailing Stamps produced exclusively for the Postal Stations ...

June 04, 2013 09:00:00

Thai franchise businesses to consider

Thai franchise concepts are expanding in ASEAN.

During the Thailand-Philippines business matching event held last week at the Heritage Hotel Manila, Thai businessowners flew in to present their franchise concepts to Filipino entrepreneurs. The event was organized by the International Institute for Trade and Development (ITD).ITD Deputy Executive Director, ...

May 24, 2013 03:00:00
Startup Tips

How to open a gas station

A gas station may be expensive to put up, yet motorists’ inexhaustible demand for fuel makes it quite a viable business. The business is not likely to go out of style soon, as oil is an essential commodity, but success largely depends ...

by Bernadette Reyes  | May 08, 2013 03:00:00

Generika Drugstore

This company has leveraged increased demand for affordable medicine into a fast growing business venture.

The high cost of local medicine prompted Erikagen Inc. to get into the business of offering an affordable alternative to consumers. Teodoro Ferrer, president of Erikagen Inc., observed that Filipinos had a misguided notion that branded medicines was the end all and ...

May 03, 2013 01:00:00

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

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