Advantages Of Philippine Franchise Business

The Philippines is considered the franchising hub of Asia, where franchising has experienced phenomenal growth in the past decades. From only about 50 brands in the 1980s, there are now 1,000 brands franchised in the Philippines (68 percent of them homegrown concepts), in five principal franchise sectors: fastfood; retail clothing; cafes, confectioneries and bakeshops; hospitality and wellness; and food carts. Of the entire franchising sector, food brands make up 41 percent, service establishments 32 percent, and retail outlets 27 percent.

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Tips on Starting a Franchise Food Cart Business

Starting with a restaurant is a bit difficult and risky. It may be difficult because you may have to write a proper business plan, arrange for loans as they need a high capital for investment and need a good marketing plan for its advertisements etc. and it will still have a risk of failure if you are not able to attract enough customers towards your product.

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Defining MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES)

Micro, small, and medium enterprises (MSMEs) are defined as any business activity/enterprise engaged in industry, agri-business/services, whether single proprietorship, cooperative, partnership, or corporation whose total assets, inclusive of those arising from loans but exclusive of the land on which the particular business entity’s office, plant and equipment are situated, must have value falling under the following categories:

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Start Saving, Start at Home…

Whether you’re buying a refrigerator, thinking about ways to reduce your home heating and cooling bills, or trying to save money on gas, the Federal Trade Commission (FTC), the nation’s consumer protection agency, has important information that can save you money in every room of your home. Choose a room for more information.

Need a Loan? Why Choose Raining Pesos?

Raining Pesos is now ONLINE and ready to serve the Filipino people here and abroad. We facilitate a seamless and paperless online loan application process that is quick and simple to use. The Raining Pesos team is proud to present to the Philippines a first of its kind website that will provide you advice, tips and tools to better equip and educate you in terms of personal finance and budgeting.

 

We Make Lending Quick and Simple

 

The company’s foundation is built on its vision of helping Filipinos build a better future by providing a free paperless online loan application process where they can compare multiple banks at the comfort of their home, office or favorite Wi-Fi spot.