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Business Ideas

Financial Adviser: 5 Success Lessons Every Startup Can Learn from the Founder of The Shawarma Shack

With 300 outlets nationwide, The Shawarma Shack is now the fastest-growing food franchise in the country

Walther Buenavista is the founder of The Shawarma ShackWalther Buenavista only wanted to get a regular job to support his family, but no company was interested to hire him because he did not finish a college degree.Due to lack of employment opportunities, ...

by Henry Ong  | November 06, 2018 02:00:00
Franchising

Franchise Talk: Chef Tony's Gourmet Popcorn--From Undas Snack to International Brand

It's come a long way from its humble beginnings

Chef Tony's Gourmet Popcorn started out as a snack sold to cemetery crowds during All Saints DayIn the Philippines, November 1 is All Saints’ Day, also known as undas. On this day, thousands of Filipinos flock to the cemeteries to remember and ...

by Sam Christopher Lim  | November 01, 2018 10:00:00
Franchising

Franchise Talk: Have Php500,000? Look Into These 10 Food and Drinks Concepts that are Hot But Affordable

These franchises give you the chance to have your own food business with minimal capital

Have you always wanted to be a food entrepreneur, but can’t afford to own a full-service restaurant just yet? Don’t let high investment costs deter your dreams of owning a successful food business. Here are our top recommendations for affordable food franchises ...

by Sam Christopher Lim  | October 17, 2018 09:00:00
Franchising

With Just Php15K in Capital, Fast-Food Server Tries Selling Coffee for Php39 a Cup

Foss Coffee Kiosk is now a chain of food carts in 250 locations all over the country

Foss Coffee is a chain of coffee carts in more than 250 locations nationwideEdmar Batac didn’t finish college. Because he came from a poor background, he just didn’t have the means to do so.Instead, he worked as a service crew member for ...

by Pauline Macaraeg  | October 03, 2018 10:00:00
Franchising

Franchise Talk: 3 Secrets to Khaleb's Staying Power in the Food Industry

The homegrown shawarma brand stays strong even after 15 years in the business

Khaleb Shawarma started as a humble family business in 2003In the competitive world of the food industry, very few food businesses can claim they have lasted more than 10 years. Khaleb, a homegrown shawarma brand, is one of those outliers. In fact, ...

by Velle Cacha  | September 28, 2018 08:00:00
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
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