th images menu user export search eye clock list list2 arrow-left untitled twitter facebook googleplus instagram cross photos entrep-logo-svg
 
Franchising

Making sense of territory and franchising

Here's an arrangement where the franchiser designates a territory, not just an outlet, for which a franchise can use the trademark and the business system.

We are all familiar with the single-unit franchising, which is the route normally taken by franchisers to franchise their business. A single-unit franchise agreement is drawn up for a single location, such that the franchisee can use the franchiser's trademark and business ...

by Erlinda Sabio Bartolome  | September 18, 2013 10:00:00
Franchising

How to fix franchise territorial conflicts

If your franchiser opens an outlet near a branch that you already operate as a franchisee, here are some options available to you

One of the hottest issues in franchising today is territorial conflicts. In the United States, in particular, this issue has been the cause of so much litigation between franchisers and franchisees. Although it has not gotten to that level in the Philippines, ...

by Erlinda Bartolome  | September 17, 2013 10:00:00
Franchising

Franchising 101: Taking over a company-owned outlet

Review the financial history of the site branch from day one to the present.

Q: I am applying for a franchise of an ink refilling station. Initially, the franchiser is offering me an outlet which is currently company-owned, in a location that\\\'s a bit far from the general vicinity I\\\'m thinking of. I think I can ...

by Armando O. Bartolome  | April 29, 2013 05:00:00
Franchising

Ministop Philippines: A true business partner

Ministop Philippines prefers to call its franchisees \\\'business partners\\\' with whom it shares not only the investment in the business but the risks as well

Ministop Philippines, a chain of 24-hour convenience stores that operate as a grocery and fast food diner combined, has a core business policy that is has given the acronym QSC+A. It stands for "Quality, Service, Cleanliness and Assortment/Availability," five customer service targets ...

by Michelle Cortes  | April 19, 2013 01:00:00
Franchising

Holy Kettle Corn: Keeps on popping

Derrick Chiongbian thought Filipinos would like kettle corn popcorn, so he brought it here from the United States. They did.

Derrick Chiongbian first sampled kettle corn popcorn in the United States in 2003, and he got so hooked on the sweet-and-salty flavor that he found himself eating a bag everyday for weeks. He thought it would click with Filipinos, so in May ...

by Jaclyn Lutanco-Chua  | February 26, 2013 09:00:00
Franchising

Getting the most out of franchise seminars

One important tool for entrepreneurs and those considering starting a business is attending seminars

Having given seminars in various parts of the country in the past 10 years, I have observed that people who attend seminars—particularly franchise seminars—need to learn how to get the most out of them. So how do you do it? Note the ...

by Armando O. Bartolome  | January 15, 2013 11:00:00
Franchising

Doing due diligence before buying a franchise

Those aspiring to go into franchising have to take background checking to heart when looking for business partners.

The local franchising industry is still riding high since experiencing a boom in the 1990s. A winning combination of low capital, low risk, and a high success rate (up to 90 percent) has enticed a lot of Filipinos to get into franchising. ...

by Ieth Inolino  | September 18, 2012 01:00:00
Franchising

New franchise opportunity: Cobo

A new brand that serves teas, coffee, smoothies, snow ice and snacks.

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 ...

September 17, 2012 05:00:00
Franchising

How to choose a franchise

Basic things to remember when deciding on a franchise to buy.

Q: What should one keep in mind when choosing which brand to buy a franchise for? A: The first consideration should be to find a business model or concept that best suits you. As much as possible, choose a concept you really like ...

by Armando Bartolome  | June 14, 2012 10:00:00
Franchising

Franchisor vs. franchisee

Know the steps usually taken in a dispute between a franchisor and a franchisee.

In any relationship, professonal or otherwise, conflicts arise. Franchising guru Armando Bartolome tells us how a dispute between a franchisor and a franchisee is settled.Q: How are disputes between franchisors and franchisees usually settled in the Philippines?A: Disputes are first and  foremost ...

by Armando Bartolome  | May 24, 2012 02:00:00
Franchising

Blue Water Day Spa: Going against the grain

In slow economy, day spa moves to expand offerings and outlets

In just a few years, Francis Simisim has taken Blue Water Day Spa to a level of prominence in the increasingly crowded local spa industry. From a lone branch along Annapolis Street in Greenhills, San Juan City, he has expanded the business ...

by Jimbo Owen B. Gulle  | May 21, 2012 01:00:00
Franchising

Franchising for students

Can a student be a franchisee? Our expert shares 4 factors to consider.

Q: I\\\'m still in college but I\\\'ve always wanted to become an entrepreneur. In fact, I\\\'ve been helping out every summer in our family business. However, I would like to strike out on my own, even at this early stage. Can a ...

by Armando Bartolome  | April 19, 2012 10:00:00
Franchising

Tin Hao Dimsum: Ready for franchising

A business partnership gone sour paved the way for this company to create its own brand name, and reap the rewards of hard work and persistence.

After 14 years of developing its products and brand, Tin Hao Dimsum is finally ready to open its doors to franchisees. Though there are already many stories about accidental entrepreneurs each with a unique combo of sometimes amusing, often amazing, details, and ...

by Max De Leon  | March 02, 2012 07:00:00
Close