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FranchiseTalk: 5 franchise brands you didn’t know are from Mindanao

All eyes are now on the growth of our southernmost big island

 During President Rodrigo “Rody” Duterte’s state visits to China and Japan, he was able to generate more foreign investments for the Philippines. Most notable among the economic deals clinched during the state visits is the ¥5 billion (Php 2.31 billion) worth of ...

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

FranchiseTalk: 8 Filipino franchises that have gone global

These global franchise brands make us proud to be Pinoy

The Philippines is home to more than 1,500 franchise brands. On average, they can earn up to US$ 11 billion in combined annual sales. No wonder the Philippines is now also recognized as "the franchise development hub of Asia," home to unique ...

by Sam Christopher Lim  | October 28, 2016 10:00:00
Business Ideas

Should millennial entrepreneurs start a business or just buy a business?

Don't let startup glamor blind you from the head start in simply buying a biz

With millennials embracing entrepreneurism and career independence more than any generation that came before, nearly every facet of every industry has seen its fair share of new business startups. Although some are more successful than others, they all share one common trait: the ...

by William Craig  | October 18, 2016 04:00:00

FranchiseTalk: Am I too young to invest in a franchise?

Franchising isn’t just an old man's game ”" here’s 5 ways to start on it, while you’re young

At the young age of 26 years old, Ivan Kenneth Taw decided to leave a promising marketing career behind to become a franchisee of the convenience store chain 7-Eleven. Four years later, he now owns two 7-Eleven outlets, and wants to own ...

by Sam Christopher Lim  | October 13, 2016 06:00:00

Avoid these 3 pitfalls when investing in a franchise

Figuring out the business you want to get into is finding out the things you are passionate about.

One of our greatest successes as a country is having over a 150,000 franchise outlets with thousands of happy franchisees.With its high-acceptability and 90% success rate over traditional do-it-yourself businesses, it has been a pretty typical case that a franchisee can own ...

by Sam Christopher Lim  | February 18, 2016 10:00:00

How Sitsirya Sari-Sari levels up regional Filipino delicacies

Eufracio and Era Ocampo resisted the temptation to work abroad and started the business for only P10,000.

Whenever a family member or a friend comes home from a vacation, or even just from work, almost always they would have pasalubong, what Filipinos fondly call their take-home goodies, in tow. “When we were young, our father would always come home from ...

by Lolita Villa  | February 02, 2016 07:00:00

Five must-haves in franchising

Besides going public, another popular route of expanding one's business is through franchising.However, franchising a business takes more than just letting others share your business concept and charge a fee for that.

Besides going public,  another popular route of expanding one’s business is through franchising.However, franchising a business takes more than just letting others share your business concept and charge a fee for that. “Proper assessment of one’s business must be made before one ...

by Carlo P. Mallo  | October 01, 2013 12:00:00

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

The Franchise Awards 2013 winners

Check out the winners of our two major categories.

Entrepreneur Philippines wanted to keep it simple this year, with just two major categories: Best in Franchise Support and Fastest-Growing Franchises.A franchise has no chance of taking off if the franchisor has not put in place an excellent support system for its ...

July 23, 2013 10:00:00

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

Be a certified franchise expert

Franchising is a powerful alternative to expand businesses.

Department of Trade and Industry (DTI)’s export and micro, small, and medium enterprise (MSME) training arm Philippine Trade Training Center (PTTC) and St. Scholastica’s College of Manila (SSC) will jointly conduct a ladderized program focusing on Franchising Management.Franchising is a powerful alternative ...

April 03, 2013 10:00:00

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

Six tips on franchising your biz

Want to franchise your business? Here are six tips from a veteran

For a business looking to grow its customer base and reach, a franchise system is worth looking into.Here are some to dos if you decide to take the franchise route: 1.    Have your systems in place:This means all your operations, from production to ...

by Paulo M. Tibig  | January 24, 2013 10:00:00