Posts Tagged ‘fastfood

28
Sep
10

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.

28
Sep
10

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.