Friday, May 23

Tag: franchising

Franchising in the Philippines Through The Years
Franchising 101

Franchising in the Philippines Through The Years

20 years ago, Franchising was predicted to be the wave of the future. Most business enterprises will be turning into franchising as a mode of expanding their network. On the other hand those who are retiring would find solace in getting a franchise than do a start-up.Today 2013, the Philippines have approximately 2000 various businesses, which are offering franchises. These include foreign and local brands. The range of franchises is from all different types of food to the retail services. In fact I often term it as from birth to death name it and you have it.Why is franchising so popular?First let me define Franchising. It comes from an Anglo-French word “franc” meaning free. For an entrepreneur, starting a business is important prior any idea of franchising is considered. I c...
The Future of Franchising: What to Expect
Franchising 101

The Future of Franchising: What to Expect

Franchising has long been a robust model for business expansion and entrepreneurial success, but as we move into the future, it is poised to undergo significant transformations. Emerging trends and technological advancements are reshaping the landscape, opening up new opportunities and challenges for franchise businesses. Understanding these changes is crucial for both franchisors and franchisees to thrive in this evolving environment. This guide will explore the future of franchising and what to expect in the coming years.Digital Transformation and Technological IntegrationTechnology integration and digital transformation are closely related to the future of franchising. Franchises are using cutting-edge technologies as technology develops further to boost customer satisfaction, i...
Addressing Crises in Franchising
Legal

Addressing Crises in Franchising

Necessity is the mother of invention– when a business faces a crisis, it can easily discover new solutions. Challenges help us explore opportunities that eventually catalyze growth. But what happens when growth is no longer there and surviving becomes the primary focus?Businesses typically go through crises in absence of growth. A crisis can come as a cybersecurity breach, conflicting interests, losing a client, bad debt, and more. The way you respond to a crisis within a franchise determines whether your business will survive the storms or close down. It’s important to contact a franchise lawyer for legal counsel when experiencing franchising challenges.5 Ways to Prepare for a Crisis in FranchisingThe coronavirus pandemic presented challenges for many organizations—partic...
Franchising 101

How to Franchise a Business

Are you thinking of starting your own business but don't know where and how to start? One easy way to acquire a business is through franchising. But what is franchising? Franchising is a business method of expansion that grants an individual or group of individuals to market a product or a service and to use the patent, trademark, trade name and the systems prescribe by the owner.Here are some Franchising Frequently Asked Questions (FAQ)1. Who is the franchiser/franchisor and franchisee?• Franchisor/Franchiser – a legal entity which owns the patent, trademark, method and products or services that allows others to use under his name.• Franchisee – a person or a group of persons who invest, own and operate a business under a licensing agreement granted by the franchisor. Like...
Philippine Franchise Directory

Chow-Warma

Chow-Warma (Gold) Php 168, 888Inclusions:Use of Trade Name and Logo Use of Business System Heavy Duty Stainless Cart with Cabinet Lighted Menu Lighted Logo Heavy Duty Stainless Shawarma Machine Company Header Board with Logo(more…)
Franchising 101

Hottest Business Trend for Entrepreneurs

Franchising has become the one of the hottest business trends for entrepreneurs, budding and seasoned alike. Popular for its "turn-key" feature, franchising has become synonymous with the relatively painless setting up of businesses and "guaranteed" success. What could be better than to capitalize on ventures that have proven themselves successful, right? True, but business-hopefuls should know that there is much more to franchising than just paying a fee and building a store.Just what is franchising anyway?(more…)
Philippine Franchise Directory

Waffle Time Franchise

Waffle Time opened its door to franchising on March 2004. After then Waffle Time Outlets mushroomed all over the Philippine Islands. This proves on their popularity and acceptance by their customers of all ages. And they'll still be opening more outlets as they continue to deliver delicious, nutritious and reasonably-priced waffles to everyone. (more…)
Philippine Franchise Directory

The Generics Pharmacy Franchise

More than an enterprising venture,at the core of THE GENERICS PHARMACY is an advocacy of making medicines accessible to ALL Filipinos, coupled with free blood pressure check-up and full 20% discount in all branches.Franchise Fee: P260,000 Total Investment: P800,000Franchise Package: Right to use trademark, name and logo; pre-opening and startup assistance; franchise operations manual; training of pharmacists and owner/s; POS system; advertising support and promotional materialsPreferred Sites: High foot traffic, beside public markets, beside big drugstores, inside malls and supermarketsYear Started: 2001 Franchising Since: 2007 Company Owned Outlets: 1 Franchised Outlets: 605 Franchise Term: 3 years Renewal: Yes Royalty Fee: 1% Advertising Fee: 1% of g...
Philippine Franchise Directory

Siomai House Franchise

Siomai is one of the bestseller in food business industry nowadays and many people find it a good business venture.If you're planning to go into this kind of business, you might want to consider franchising a Siomai House, the leading brand in siomai food business franchising. In case you're interested, just submit to Bernabest Food Products Inc. the following requirements:Step 1. Letter Of Intent with the following details: • Address of the Proposed Location/ Establishment Name • Sketch Map (more…)
Philippine Franchise Directory

Bayad Center Franchise

Bayad Center is recognized as the country's best one-stop payment center. Currently, Bayad Center has over 900 outlets nationwide. Bayad center plans to add around 50 more franchisees to the Bayad Center network until the end of 2010.Bayad Center started as the over-the-counter (OTC) bills payment collection arm of the Manila Electric Co. (Meralco) 12 years ago, and has since become the market leader in third-party bills payment collection, with clients that include PLDT, Globe Telecoms, Smart, Digitel, SSS, Manulife, Sunlife, Bayan Communications, Sky Cable, RCBC Bankard, UNICEF, SuperFerry and Cebu Pacific.(more…)