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Franchising

Want Your Own Kuya J Restaurant but Lack Capital? No Worries as Franchisor Also Provides Financing

iKitchen Inc. can lend up to 70 percent of the start-up capital for as long as 5 years

iKitchen Inc. President Winglip Chang speaks during the franchise launch event of Kuya JAfter a massive two-year expansion, iKitchen Inc., the firm operating the Filipino dining brand Kuya J Restaurant, is opening its business for franchising to accelerate growth.In a launch event ...

by Elyssa Christine Lopez  | September 19, 2018 10:00:00
Franchising

30 Questions You Should Ask Before You Invest in a Franchise

Here are the five aspects of a great franchise

There are more than 3,800 franchise systems and they are not all created equal.I'm not talking about the fact that there are different concepts, services or products they offer. I'm speaking about the quality of the system and the support that they offer their ...

by Jim Judy  | September 06, 2018 02:00:00
Franchising

Franchise Talk: BonChon, Figaro, Wendy's--How Much Do You Need to Own These Big Food Chains?

Here's how much you'll need to own a piece of Angel's Pizza and Subway, too

Filipinos love to eat. No wonder the local food service industry continues to grow. According to the latest nationwide Census of Philippine Business and Industry (CPBI), the Philippine food service industry is worth roughly $7.2 billion (Php385.4 billion), with an annual growth ...

by Sam Christopher Lim  | August 31, 2018 10:00:00
News and Events

Call It TRAIN 2 or TRABAHO, Small Businesses Stand to Benefit From Lower Corporate Income Taxes

New tax reform bills aim to reduce income taxes on companies from 30% to 20-25%

The second package of the Comprehensive Tax Reform Package is back in the spotlight after President Rodrigo Duterte urged its approval in his third State of the Nation Address. According to the President, Package 2 will benefit all businesses especially small and ...

by Raymond Abrea  | August 22, 2018 10:00:00
Business Ideas

Palawan's Haim Chicken Restaurant: From BBQ Stall to a 1,200-sqm Iconic Dining Destination

When it began in 1999, the food stand was selling only 10-20 sticks of chicken inato a day

Haim Chicken Restaurant is best known for their version of classic inato or grilled chicken A trip to Puerto Princesa, the capital of Palawan province, would be incomplete without a visit to the city’s iconic Haim Chicken Restaurant.More than a dining destination, the ...

by Elyssa Christine Lopez  | August 20, 2018 09:00:00
Franchising

Want to Get into Franchising? Here's a Guide to Taxes You Must Consider

A leading tax expert says it's better to be safe than be sorry when it comes to business taxes

The economic gains and opportunities contributed by the fast-growing micro, small, and medium enterprises (MSMEs) are undeniable. As of 2016, MSMEs comprised 99.57 percent of the businesses in the country, contributing 63.3 percent of the employment for the same year.Under the Duterte ...

by Mon Abrea  | August 14, 2018 01:00:00
Franchising

How This Man Became Auntie Anne's Pretzel King in the Philippines

Six years ago, Mikkel Paris became the pretzel brand's master franchisee in the country

This story appears in the July 2018 issue of EntrepreneurMikkel Paris knew very little about making pretzels, but suddenly he was supplying a large portion of the Philippines with them. In 2012, his family company took over as the nation’s Auntie Anne’s master franchisee, ...

by Lydia Belanger  | August 08, 2018 02:00:00
Franchising

Franchise Talk: Do You Have What it Takes to be Alden Richards' Business Partner?

The "Pambansang Bae's" biz puts the spotlight on heirloom Filipino recipes

Actor and entrepreneur Alden Richards with Concha’s Garden Café founder Gemma Escueta-SembranoAlden Richards, the 26-year-old “Pambansang Bae,” is a man of many talents. Aside from being one half of the AlDub “Kalyeserye” love team, with Yaya Dub Maine Mendoza, Alden is also a ...

by Sam Christopher Lim  | August 01, 2018 12:00:00
Business Ideas

Starting With Only Php100K, College Couple Grows Farron Café to 235 Kiosks Nationwide

Farwa and Ronnel Hombre found a niche serving delicious but affordable coffee to students

Married couple Farwa and Ronnel Hombre were still dating in college when they started the business in the University Belt area in ManilaWith their busy schedules and late-night activities, academic or otherwise, college students have become a big market for different kinds ...

by Elyssa Christine Lopez  | July 26, 2018 11:00:00
News and Events

The Lost Bread Wins Next Gen Franchise Pitching Contest with its Instagram-Famous Desserts

Company's co-founder will compete at an international franchising competition in 2019

The Lost Bread co-founder Emil Ongchuan with Philippine Franchise Asia's board members (from left) Joseph Tanbuntiong, Chris Lim, Bing Sibal-Limjoco and Sherill Quintana Specialty dessert concept The Lost Bread emerged as the Next Gen in Franchising winner at the Franchise Asia Conference 2018 on ...

by Elyssa Christine Lopez  | July 20, 2018 09:00:00
Franchising

76-Year-Old National Book Store Opens Business for Franchising

For an investment fee of Php6.4 million, you can now have your own NBS Express branch

National Book Store Managing Director Xandra Ramos-Padilla announced the news that the company will be open for franchising during a speech at the Philippine Franchising Association's Franchise Asia ConferenceNational Bookstore (NBS), the country's largest chain of books and school supplies store, is ...

by Elyssa Christine Lopez  | July 18, 2018 08:00:00
Franchising

Franchise Talk: 8 Tips to Get the Most out of Franchise Asia 2018 Expo

It's the place to go if you're looking to kickstart your own franchised business

From July 20 to 22, the biggest franchise show in Asia is opening its doors at the SMX Mall of Asia. With just a few days left before Franchise Asia 2018, here are a few tips to make sure you get the ...

by Sam Christopher Lim  | July 16, 2018 10:00:00
Franchising

Looking for Int'l Partners for Your PH Franchising Business? Meet Them at the Franchise Asia Expo

For the first time, foreign buyers seeking Philippine franchise concepts will take part in the event

The Philippine Franchise Association (PFA), which organizes the largest franchising event in Asia, Franchise Asia Expo, is bringing in foreign buyers from neighboring countries for the first time to the week-long series of events at the SMX Convention Center near the SM ...

by Elyssa Christine Lopez  | July 11, 2018 11:00:00
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