Popular Franchising Trend In The Philippines

Franchising is a popular trend in the Philippines today, particularly now that many Filipinos have started their own businesses through acquiring a franchise. A popular example of a franchise business today is food-cart or food-stall business.

Franchising Trend in the Philippines
Although it was only a few years ago in which franchising gained a lot of popularity in the Philippines, this specific business process has been in the Philippines for decades. It was because of this unique business process that many foreign businesses were established in the country, such as 7eleven and McDonalds.

Today, because of new Franchising business Philippines that requires lesser costs and maintenance, such as the popular food-cart or food-stall business, many Filipinos were able to acquire a franchise business for themselves. And it was because of this that franchise businesses became a popular trend in the Philippine market.

Why Food-Cart Businesses?
Like many other popular types of franchising businesses, food carts started as individual businesses owned by individuals. However, a number of franchising companies in the Philippines foresaw its success as a franchising business and started to acquire the rights of these businesses from their owners, while other food-cart business owners had also started their own franchising.

Since then, a new concept of franchising business was introduced in the Philippine market which aims to accommodate the needs of the average Filipino. This is the food-cart franchise business which is now considered as one of the most popular and in-demand franchise business Philippines. So what are its advantages?

Affordability One reason why these types of franchise businesses became popular is because of its affordability, in which many of todays food-cart franchise businesses can be acquired for no more than P25,000 Philippine Pesos.

Simplicity Another reason why these franchise businesses became popular is because of its simplicity which requires lesser maintenance costs and effort. And because of its relatively small size, these businesses can also be easily manned by one or two personnel, which make these businesses even more popular in the country.

Success of the Franchising Industry
According to the PFA, or the Philippine Franchising Association, the franchising industry had grown immensely since the start of food-cart or food-stall franchise businesses in the Philippines. Because of its affordability, many Filipinos were able to start their own successful and profitable business through franchising.

Significant Contribution Of Food-cart Franchise Businesses In The Philippines

Franchising had become a popular trend in the Philippines due to the many new franchise businesses available in the market today that can offer significantly lower franchising cost compared to what franchise businesses in the past. These kinds of popular Franchising business Philippines are food-cart and food-stall businesses.

Popularity of Food-Cart and Food-Stall Businesses
Food-cart and food-stall businesses had become wide-spread all over the Philippines today. The reason why is because of franchising businesses which had promoted these types of small businesses to average Filipinos.

The advantage that made these types of franchise businesses popular, according to many experts, is because of its affordability, making it easier for the average Filipino to start their own profitable business.

Simplicity of Food-Cart Businesses
Part of the reason that made food-cart and food-stall franchise business in the Philippines simple, other than its relatively lesser expensive franchising cost, is its requirements.

Unlike larger franchise business, such as convenient stores or restaurants, a food-cart and food-stall businesses normally requires smaller investments in terms of location and space.

The simplicity of these businesses made it easier for Filipinos to manage their own businesses, even though they lack the necessary knowledge in handling a business.

But what made these small businesses even more popular, according to many experts, is that it doesnt necessarily require franchisees to have attained experience in a managerial position or have acquired a degree in business administration.

Contribution of Franchise Industry to the Economic Growth of the Philippines
The popularity of food-cart and food-stall businesses in the Philippines had largely contributed to the growth of the franchising industry of the Philippines. However, other than the growth of the sector, franchise businesses had also contributed to the growth of the Philippine Economy.

The PFA, or the Philippine Franchise Association, is the pioneer and biggest franchise association in the Philippines. It is the voluntary self-regulating governing body for franchising in the country with 180 franchisors and allied members nationwide.

According to them, the growth of the franchise industry had also contributed to the economic growth of the Philippines. This includes the creation of thousands of enterprises and generation of hundreds of thousands of jobs, making franchising an important tool in the countrys economic growth. Additionally, the franchise industry had also contributed to the growth of the Philippines as the franchise hub of Asia when it comes to the development of franchise concepts.

Success Of Small Franchise Businesses

Franchise businesses had become a popular trend in the Philippines, according to many business experts. The reason why is because of todays available franchise businesses which aims to offer the same opportunities that wealthier Filipinos have had with franchise businesses. This is when food-cart and food-stall Franchising business Philippines became popular in the country.

Success of Small Franchise Businesses
According to many business experts, franchising had long been practiced in the Philippines though it was only recently that type of business process became popular. The reason why is because most franchise businesses available in the past were large businesses such as convenient stores and fast-food restaurants, in which only the wealthy, as well as companies and corporations, can only afford.

Because of this, franchise businesses were only available for those who can afford one. However, this was until food-cart and food-stall businesses became popular in the Philippines, according to many experts, which had also brought success to the franchise industry of the Philippines.

So what made these small franchise businesses successful?

Inexpensive Franchise Cost
One of the many reasons why small franchise business Philippines such as food-cart and food-stall businesses became popular and in-demand in the market is because of its far lesser expensive franchise cost.

Although still expensive, in which a successful food-cart franchise business today can cost around 250,000 Philippine Pesos, this is far cheaper compared to the franchise of a large successful business such as convenient stores and fast-food restaurant.

Unlike larger businesses, which require larger commercial space and construction, most food-cart and food-stall businesses seldom require any construction, though it will still require a high foot-traffic location, though not as large as what requires of a fast-food restaurant.

Simplicity
In addition to its affordability, franchise businesses are also known for its simplicity in terms of requirements.

Most franchise businesses, particularly larger businesses, normally require credentials of the franchisees capability in handling a business, such as years of experience in a managerial position, or have attained an MBA.

Small franchise businesses, however, doesnt usually require such credentials, which is also the reason why it made it easier for more Filipinos to acquire a food-cart and food-stall franchise business.

Because of its affordability and simplicity, these types of franchise businesses quickly became successful in the Philippines, particularly now that food-cart and food-stall businesses had widely spread all over the Philippines.

Franchise Businesses And The Philippine Economy

The success of franchising business in the Philippines didnt only contribute to the growth of the sector, but also the growth of the Philippine economy due to its demand among the wealthy as well as the average Filipino.

Franchise Businesses Today
Unlike in the past in which most franchise business in the Philippines were large businesses such as convenient stores and fast-food restaurants, most franchise businesses in todays market are small businesses such as food-carts and food-stall businesses.

Other than its relatively smaller size compared to convenient stores and restaurants, food-cart and food-stall businesses can also offer a relatively lesser expensive franchising cost, in which according to many business experts in the Philippines today, can go as low as 20,000 Philippine Pesos a franchise.

Because of its affordability, food-cart and food-stall businesses quickly became popular and in-demand in the Philippine market, in which many business experts have said, had largely contributed to the growth and success of the franchise industry in the Philippines.

Contribution to the Economic Growth of the Philippines
The growth of the franchise industry had also contributed to the growth of the Philippine economy, according to the PFA or the Philippine Franchise Association which is the pioneer and biggest franchise association in the Philippines. It is the voluntary self-regulating governing body for franchising in the country with 180 franchisors and allied members nationwide.

According to the PFA, due to the popularity of food-cart and food-stall businesses, the number of Franchising business Philippines in the country had significantly grown from 50 in the 1990s to over a thousand today.

This growth had also reflected on the growth of the Philippine economy. According to them, the massive growth of the franchise industry had created thousands of enterprises and generation of hundreds of thousands of jobs, making franchising an important tool in the countrys economic growth.

Other contribution include the entry into the international market of Filipino brands and concepts, development of the Fair Franchising Standards, which ensures just and mutually beneficial business dealings between franchisor and franchisee, and the growth of the Philippines as the franchise hub of Asia when it comes to the development of franchise concepts.

Franchise businesses, according to many business experts, had also become a popular solution to poverty, in which many Filipinos had invested in acquiring a franchise of a small food-cart business so as to secure their future and the future of their family.

The government had also used franchise businesses as their solution for OFWs or Overseas Filipino Workers who chose to stay in the Philippines with their family rather than to work abroad.

How To Plan A Franchise Business In The Philippines

Putting one’s hard-earned money into a profitable investment is something that most people want to do. However, with the various investment vehicles today, a lot of us are at a loss of which is the right one to invest in. Having a business is a popular option when it comes to investments; however, starting one from scratch takes a lot of effort, time, and money. This is the reason why people who are keen to having their own businesses prefer to go for franchising opportunities instead of starting their own personal line of trade.

In a country like the Philippines where you cannot really tell how a start-up business will prosper after a few years, it is logical to go for something that has a recall with the public. This is the advantage that franchising has over new businesses. The fact that branding is what attracts a customer’s loyalty makes it easier for a franchise owner to maximize his returns.

However, it is important to note that while franchising is a popular way to have a business, it is something that cannot be done by just about anyone because it has its limits. When you franchise a brand name, you are limited to selling it the way the original owners of the franchise do, so if you crave control and dynamism to do whatever you want with your business then franchising may not be the best type of business for you.

On the other hand, if you only have a limited experience with business yet are amenable to follow the established system of the franchisor, then choosing to have a franchise will work to your advantage. One can indeed say that franchising is a path with low risk and a high potential return.

So, how does one start a franchise business in the Philippines? Firstly, you have to identify a brand name that sells. Remember it is very tough to maintain a position in the market but having a brand name that people trust gives you a competitive edge. The name of the franchisor itself is the biggest kind of advertisement you can give for your business so choose wisely. You also need to have interest in the particular business you want to franchise because once you start operating it, it will be on your mind 24/7. Bear in mind that it takes a great amount of passion to get the business running.

Once you know the kind of franchise business you want to invest in, the next step you have to take is to find a franchisor you want to strike a deal with. You can consult online franchising directories or local franchising magazines for information regarding the franchise opportunities in your area.

Lastly, before signing any agreement with the franchisor, make sure that you negotiate and understand all the terms regarding the franchise. You can even present your own business plan on how you plan to help the franchisor by improving your franchise outlet.

These are the general steps on how to start a franchise business in the Philippines. The success of a franchise outlet starts with a simple choice of getting the right kind of branding recall. Therefore, when you think of franchising, make sure that you put a lot of thought into this step more than anything else.

Growth Of The Franchise Industry In The Philippines

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What made the franchise industry of the Philippines successful? According to the PFA or the Philippine Franchise Association, the franchise industry of the Philippines had significantly grown in the last few years, from 50 franchises to more than a thousand franchises today. And according to them, the reason for its rapid growth is because of small franchise business in the Philippines such as food-cart and food-stall businesses.

Popular Small Franchise Businesses
Unlike in the past in which most franchise businesses are large businesses, such as convenient stores and fast-food restaurants, most franchise businesses today are small ones, such as food-cart and food-stall businesses.

Because of its relatively smaller size and far lesser expensive franchising costs, many Filipinos were able to franchise a business for their own, giving them the same opportunity that wealthier Filipinos have had with franchise businesses.

In addition to its lesser expensive franchise cost, small Franchising business Philippines such as food-cart and food-stall businesses became popular in the Philippines because it doesn”t usually require its franchisees to have acquired years of experience in a managerial position or have finished an MBA course, which are usually the case for larger franchise businesses.

According to the PFA, it was because of the simplicity of these small types of franchise businesses that made the franchise industry successful in the Philippine market, particularly in today”s modern trends in which franchise businesses had become a popular trend for many Filipino businessmen and women. This had also led to the significant growth of the franchise industry in the Philippines.

The Franchise Industry of the Philippines
The Philippines had received a number of recognitions due to the rapid growth of the franchise industry in the country.

The rapid growth of the franchise industry, according to the PFA, had led to the creation of thousands of enterprises and generation of hundreds of thousands of jobs, making franchising an important tool in the country”s economic growth, which gave had also given the industry entry to the international market, which led to the recognition of Filipino business concepts world-wide.

According to the PFA, the Philippines was also recognized as the “franchise hub of Asia” when it comes to the development of franchise concepts.

According to many business experts, it was because of these recognitions that made franchising the preferred business method for more and more entrepreneurs, both for old and new entrepreneur.

The Basics Of Franchising In The Philippines

Today, the people who have the money to invest are at a loss on the correct type of investment to get into. This is because they do not want to throw their hard-earned money into something which will not be profitable in the long run. One popular investment option that these people are leaning to is having a business. But as much as they would like to start from scratch, everything about starting a business is a painstakingly effortful process consuming both money and time. This is the main reason why an investor would rather go for a franchise rather than establish one of his own.

This goes true even in a country like the Philippines. With the economic fluctuations, it is indeed better to be associated with something that is already popular with the public instead of breaking through with a new and unknown product. This is what franchising can give an investor a known brand with a good recall. With these characteristics, he is sure that he will get the most out of his investment in a short span of time.

Yet even with this, the concept of franchising is not for everybody. True, it is an easy way to earn, but the fact that you have to abide to certain regulations on how you should run the business can limit your own dynamism and creativity. Once you franchise a brand name, you have to run it the way the franchisor does with his business. If you want to have the freedom to operate a business the way you want to without having to follow any kind of rule, then franchising is not for you.

However, if you are looking for something that will give you the path of least resistance in business, you can give franchising a try. As a fact, it is a method of business which is perfect for those who have little experience in trade. With an established system in place, all you have to do is abide by the system and you will start earning.

Going into a franchise business in the Philippines is easy. You just have to remember some general steps to direct you to the right path. The first thing you should do is to select a product that is popular in the market. Simply stated, it should be something that the sells. Since the industry is very competitive, you have to get a brand name that people trust. This way you will easily edge over your competitors. In franchising, the name you carry is the biggest advertisement for your business. Therefore, it is a must that you choose the franchise that you want carefully. Another consideration you have to make is that you have to have an interest in the business you want to franchise. Running a business is hard work and if you aren’t interested in it, you will get nowhere.

Granting that you already know the type of franchise business you want to have, the next step in the process is the selection of a franchisor. To do this, you can check out information found in your local magazines or in online directories for franchising opportunities specific to your area.

Before signing any kind of agreement, it is imperative that you understand the terms set out by the franchisor. You can also negotiate and present your own business plan to the franchisor so that you reach a win-win situation regarding the franchise terms.

Basically, these are the general steps of going into a franchise business in the Philippines. Remember, the successful returns your franchise outlet will give you are because of customer loyalty so take the selection process in stride. Make sure that you do have a brand that people trust.

Franchising Trend In The Philippines

A popular business trend in the Philippines today is franchising. And the reason why it gained a lot of popularity is when a number of franchising companies had introduced a new form of franchise business, which is the popular food-cart or food-stall business.

Franchising Trend in the Philippines

History

Franchising business Philippines had only gained a lot of popularity and recognition a few years ago, this unique business process was already practiced in the past, mostly by large companies and corporations as well as wealthy companies.

The reason why the business wasnt as popular or as widely recognized all over the Philippines is because of the kinds of businesses available for franchising in the most. According to many business experts, most franchise businesses in the past are large establishments such as fast-food restaurants, convenient stores, bakeries, grocery stores, and many more.

Eventually, new forms of franchise business were introduced in the country, and part of what made these franchise businesses popular is because of its affordability. This is when food-cart or food-stall businesses were introduced in the Philippine market.

Franchising of Today
Because of the introduction of new franchising concepts, which is not only simple but also affordable, many Filipinos were able to get the same opportunity that many wealthier Filipinos have had with franchising, such as the opportunity of starting a business based on an already established brand name, allowing its owners (or franchisees) to gain more income compared to start-up businesses.

Because of its affordability compared to other forms of franchise businesses in the past, food-cart franchise business Philippines quickly became popular in the market. And because of the growing competition between different food-cart businesses, its costs had continuously dropped in which many of todays popular franchise businesses can now be acquired for less than P30,000 Pesos.

Eventually, food-cart franchise business Philippines have quickly spread all over the Philippines, not only in Metro Manila but also in many provinces as well as in the rest of the country.

Contribution of Franchise Businesses for the Economic Growth of the Philippines
Because of the continuous growth of franchising in the Philippines, the industry had created thousands of enterprises which generated hundreds of thousands of jobs, making franchising an important tool in the countrys economic growth.

Singapore Retail Franchise That Creates Animal Land

Nobody knows great kids concepts better than the kids themselves. And it only takes a moms intuitive eye and belief on their child to transform a great concept to a successful business venture.

In one of the Dees annual family trek, Belinda noticed how her kids would rave about a unique create your own stuffed toys shop in the United States. She would notice how kids and kids at heart would flock to the store and go home happy with an adopted animal or two that they themselves created.

It only took her some pencil pushing to realise how much potential the concept holds as a possible business venture. In no time, Belinda was talking to the top honchos of the brand and finding ways how to bring the concept to the Philippines and the rest of Southeast Asia.

It did not take long before she opened Animaland at the Rockwell Powerplant Mall before Christmas of 2005. The concept became a huge hit and soon more Animaland shops were set up in the top malls of the country.

Animaland is a rapidly growing chain of mall-based entertainment retail stores and kiosks located in countries like the United States, United Kingdom, Australia, Puerto Rico, Mexico, Philippines and now in Singapore. Patronage of Animaland is an experience that allows guests to make and dress their own personalised stuffed toy animals.

The concept capitalises on the growing demand for experienced-based shopping, as well as the universal appeal of the stuffed toy animal. The products and services cater to all age groups and demographics, but the majority of the guests are children, parents, grandparents and teenagers.

The Animaland Business Franchise Opportunities
A typical Animaland shop is a stuffed animal friend theme designed with original fixtures and brightly coloured graphics. The shop size is anywhere between a 15 square meter kiosk to a 40 square meter small inline unit.

Animaland believes that its interactive experience is unmatched in todays Singapore retail franchise environment. The act of putting together a new stuffed animal friend provides guests with the opportunity to participate in the retail experience, which is a unique and exceptional approach to the growing world of entertainment retail.

Why Invest in Animaland Business Franchise?
Animaland is a fun and interactive business that is easy to manage and monitor. It has a unique and innovative concept with low investment package and comprehensive training provided, said Ms Hsien Naidu, Founder and Director of business consulting firm for Animaland. The firm consists of franchise consultants, business consultants, branding consultants and marketing consultants who are experts in bringing growth to businesses. Animaland business franchise involves lower operating cost and fast ROI. There is continuous revision and update of the products and services through regular communication with all franchises through Operations Manager. Animaland provides the following support:
-Supply of authentic Animaland merchandise from the US
-Operational Oversight
-Marketing
-Site Selection
-Start-up inventory assistance
-Comprehensive training

Animaland is set to develop and share their franchise business concept with investors seeking Singapore franchise opportunities through Singapore retail franchise for their business investments.

Be ebullient By Installing Epos Software into Your Retail Business

Some of the big countries like Russia, London, India, Philippines and more have emerged the way of doing their business with the help of internet facilities. Many companies and retail businesses in such countries make use of latest technologies and tools like epos for the improvement of business. Along with this, many firms supply as well as outsource the installation services for that software affordably.

For embracing retail business to the next step one should view all the current trends into the market. At a very economical rate businesses could get maximum profits in a long run. The reason for this affordability and quality services is the availability of expertise and skilled suppliers of software and other tools. So, whats your opinion regarding installing epos into your business? If you are agreed to get epos software, this means you are the one who can make your dreams come true in a short span of time.

In this cut throat competition among businesses development is something that is very hard-hitting especially when you cant afford more. This time it has become possible for business owners to get profits in a great extent. It is because the some reliable companies have adequate resources like epos software to develop your business at a very reasonable cost. For the owners who were not able to make large investments in their business could easily buy this advanced software for gaining profits.

In order to help yourself in front of powerful competitors installing epos is the best option. There are companies launched this custom-made software with lots of applications and features that works well while completing business tasks. The companies that offer quality products offer each customer service at comparatively lesser price. Reputed suppliers of this software will take care of all your needs and budget so that you dont require worrying about money at all. Moreover, you can have more savings at later stages while making online purchase of software.
However, if your business plans to shell out more money in the business projects, then epos software really going to shows wonders. Software really includes best features that can also help customers to make a comfortable and risk free purchases. Not only this, but it also give a pleasant shopping experience to each customer. Tasks such as integration of ecommerce for online selling, integrated accounting, marketing, tracking on activities, etc can be possible by installing this software. Operating this system is so easy because of its efficient features. I think it will be good idea if you buy this system from a reputed firm that can offer you guaranteed products.

If you are really interested in buying of epos software and would like to gather more information on it, you must visit different online suppliers of epos and compare their prices as well as quality of the system.
Dont be confuse while making decision, just see your requirements and make your purchase accordingly.