Awesome Things to Do in Panglao Island, Bohol

Thinking of going to Panglao, Bohol? Check out this interesting article by Holly Christy Ibarra for tips on how to have an awesome stay in the island. And when you crave for affordable Filipino food,
visit Binalot Pangalo at Alona Times Square Building, Alona, Tawala, Panglao. Open from 11:00am to 9:00pm

Awesome Things to Do in Panglao Island, Bohol
written by Holly Christy Ibarra

The Philippines is an archipelago of over 7500 islands, there are so many beautiful locations to travel to: Boracay, Palawan, Siargio, honestly there are just too many to name! Here at Travel Moments one of our favourite islands in the Philippines is the island of Panglao.

In this article we’re going to detail some exciting activities that you can do whilst on holiday at Panglao or if you want more, you can check out the best things you can do in Bohol too! So you’ve booked your flight to Bohol, packed your sunnies, swim wear and have readied your reservation on Panglao Island, what’s next? Of course, you’re up for some adventure, sun worshipping and you want to indulge in everything the island has to offer! So here are our suggestions for things to do on Panglao Island, Bohol.

To read more, visit https://travelmoments.net/things-to-do-panglao-island-bohol/

Binalot opens new stores in Mandaluyong and Bacolod

The popular Pinoy Quick service food served in banana leaves continues to expand to new metro areas. Ever eco-friendly and socially conscious with its CSR initiatives , Binalot is the Pinoy brand that resonates well with locals because it brings back all things natural and traditional Pinoy. Its newest store location is in Avida Towers Centera in Mandaluyong to serve the residents of the condominiums and BPOs near Edsa and Reliance streets.

It also has opened stores in the Middle East specifically in Dubai and Abu Dhabi, UAE. The franchisees in UAE put up food halls in Filipino-rich areas called Little Manila.

Binalot is open for franchising in Visayas and Mindanao, too. It recently opened its Bacolod franchise in Westfield Food Park, right across STI West Negros University.

https://www.pressreader.com/philippines/the-philippine-star/20180403/282196536513449

How to Franchise: BINALOT in the Philippines

If you love eating Filipino dishes such as inihaw na baboy, daing na bangus, and adobo enhanced with the experience of consuming it wrapped in banana leaves, you probably would love to eat at BINALOT!

Interested to franchise this food business? Check out the franchise fee and other franchise details of BINALOT below.

About Binalot
BINALOT, owned and operated by Binalot Fiesta Foods Incorporated, is a chain of quick service restaurants that offers Filipino meals wrapped and served in banana leaves. This is also the reason why it’s called BINALOT, since the term literally means “wrapped” in Filipino.

BINALOT’s menu is composed of Filipino meals such as tapa, adobo, bistek, longganisa among others, all meals atop hot rice and garnished with salted egg and tomato.

Franchise Fee and Total Investment

The BINALOT franchise fee is P600,000 for locations in Mega Manila and P700,000 for provincial locations.

There are other costs, however, that the franchisee has to spend on, and the total franchise investment may vary depending on the type of store as follows:

Full Store / Restaurant (95 – 150 sqm)
Estimated total investment, including the franchise fee, is P3.5 Million to P3.9 Million. It already includes the kitchen equipment, cookware, utensils, construction signage, POS renovation, menu board, and murals.

2. In line “Stall” (25 – 95 sqm)

Estimated total investment, including the franchise fee, is P2.8 Million to P3.5 Million. It includes kitchen equipment, cookware, utensils, construction signage, POS renovation, menu board, and murals.

3. In line “Kiosk” (15 – 25 sqm)

Estimated total investment, including the franchise fee, is P 2.5 Million to P2.8 Million. It includes kitchen equipment, cookware, utensils, construction signage, POS renovation, menu board, and murals.

4. Binalot Express package (6 – 10 sqm)

Estimated total investment, including the franchise fee, is P1 Million to P1.2 Million. It includes equipment, marketing collaterals, staff training, and recruitment support.

Franchise Term and Other Fees
The BINALOT Franchise Agreement is for 6 years from the date of contract signing. However, the franchisee may renew the contract upon mutual agreement with the franchisor. There is a renewal fee of 50% of the then-current franchise fee.

In addition to the initial franchise investment, the franchisee shall remit every month a royalty fee of 5% of gross earnings and a Marketing Support Fund of 2% of gross earnings.

Franchise Package Details
Included in the franchise fee are the following:

a. Commissary: initial inventory

b. Marketing: Opening Assistance, streamers and banners, giveaways, leaflets, opening promos, and food and beverage

c. Personnel Support:

Operations (Opening Team) – supervisor and two (2) service crew both with a duty for 2 weeks
Training – maximum of 5 initial staff to be trained (training fee to be shouldered by Binalot company)
As part of the franchise package, BINALOT also assists the franchisee in the following:

Site selection
Training in the BINALOT system
Planning, design and construction (design fee, construction and signage shall be shouldered by the franchisee)
Opening assistance
Operations manual
Central commissary to supply outlet needs
Training programs
Regular communication system with franchisees
Regular store operations assistance and consultations
On-going marketing and product development

Here are other benefits or inclusions in the franchise investment:

The franchisee can use the BINALOT business trade name, and accompanying logos and signage for business purposes.
2. The franchisee can use the Business Operations System which is used to facilitate BINALOT branches to operate smoothly and profitably. There will also be free initial training of the the franchisee and initial staff. However, additional staff for training shall be for the franchisee’s account.

3. The company shall assist the franchisee in the training and recruitment of the pioneer store team. A maximum of 5 employees shall attend the full training which would provide the operational, technical, and administrative aspects of the business. The franchise fee includes the training cost.

4. Unless otherwise specified, the franchisee must purchase all supplies, products, and packaging materials only from the company’s accredited vendors.

5. Marketing paraphernalia shall be provided by the franchisor, especially on promo launches, store opening, and other marketing activities. Marketing expenses on a national scale are charged against the National Marketing Support Fund (NMSF) while those for local marketing initiatives are for the franchisee’s account.

6. There are accredited contractors who would build the franchisee’s store. The design of the store is standardized for a greater brand impact.

7. In order to ensure and maintain quality control, to address daily operational concerns, and to determine the store’s specific needs, BINALOT has a dependable and competent team who conduct regular field visits in order to give on-site assistance. It is also the company’s policy to do Research and Development in order to continuously provide and develop innovative Pinoy dishes and new standards for delivery service.

Application Procedures
Below are the steps in order to franchise BINALOT:

Submit a Letter of Intent, resume, and a vicinity map of the proposed site, if any, via e-mail addressed to:
The Business Development Department
BINALOT FIESTA FOODS INCORPORATED
3686 BUJ Building, Sun Valley Drive
Sun Valley Subdivision, West Service Road
Parañaque City 1700
Philippines
Email: ilovebinalot@gmail.com

Afterwards, the aspiring franchisee will be asked by the Business Development Officer to attend a franchise orientation. The applicant shall submit an accomplished Franchise Qualification Form provided by the Business Development Officer.

2. The aspiring franchisee shall undergo a preliminary interview. If favorable, he or she then takes a franchise suitability test. Afterwards, there will be an inspection of the proposed location. The applicant may also be presented with a list of locations. If the location passes the evaluation, the aspiring franchisee shall pay a non-refundable reservation fee of P20,000 for Metro Manila and P40,000 for provincial areas, which covers a 30-day period. However, the reservation fee is transferable to another site and deductible from the franchise fee. Further, the aspiring applicant shall conduct a market study.

3. Site approval shall be secured. Investment estimates and financial projections shall be presented by the Business Development Officer to the aspiring franchisee.

4. Finally, the aspiring franchisee shall sign a Memorandum of Agreement and Franchise Agreement.

Contact Information
Binalot Fiesta Foods, Inc.

3686 BUJ Building Sun Valley Drive,

Sun Valley Subdivision,

Paranaque City, Philippines 1700

Tel: (632) 824-7014

Fax: (632) 823-1832

Franchise: 822-6483 / 0932-8441807

https://www.pinoymoneytalk.com/

Binalot opens new stores in Mandaluyong and Bacolod (Manila Times Article March 1, 2018)

Binalot opens new stores in Mandaluyong and Bacolod

The popular Pinoy Quick service food served in banana leaves continues to expand to new metro areas. Ever eco-friendly and socially conscious with its CSR initiatives , Binalot is the Pinoy brand that resonates well with locals because it brings back all things natural and traditional Pinoy. Its newest store location is in Avida Towers Centera in Mandaluyong to serve the residents of the condominiums and BPOs near Edsa and Reliance streets.

It also has opened stores in the Middle East specifically in Dubai and Abu Dhabi, UAE. The franchisees in UAE put up food halls in Filipino-rich areas called Little Manila.

Binalot is open for franchising in Visayas and Mindanao, too. It recently opened its Bacolod franchise in Westfield Food Park, right across STI West Negros University.

https://www.pressreader.com/philippines/manila-times/20180301/282050507560080

Binalot sponsors ACAP Foundation Kids’ Lunch at Manila Biennale

It was a beautiful day in Intramuros when the ACAP Kids visited the Manila Biennale: OPENCITY 2018. Fifteen kids from the Action for the Care and Development of the Poor in the Philippines (ACAP), a non-profit organization dedicated to empowering marginalized youth in the Philippines, went to the four exhibition sites of the Manila Biennale and enjoyed all the art installation works of the biennale artists. It was their first time in Intramuros and each venue was new and interesting destination for them. Didit Vander Linden, ACAP President and Program Director, went on the walking tour with the kids along with ACAP Program Manager Jeff Ruaza. The tour was led by Manila Biennale Social Media & Student Tours Manager Eve Javier – that’s me. My story is about how these kids gave so much meaning to the biennale exhibits for me personally, and I want to share this with you.

We all met at Plaza San Luis where the introductions were made and some shy faces greeted me hello. Then we began walking off to Baluarte de San Diego where they enjoyed looking at the work of Zeus Bascon, posed for some photo ops and afterwards the kids ran freely and happily at the grassy fort, shyness now gone, and they took time to listen to the history of the baluarte.

Under the heat of the morning sun, we walked all the way to Mission House, stopping for picture time – they were so excited with every marker and every chance to have a photo. Arriving at the San Igancio Church, immediately the complex work of Robert Chabet was examined and surprisingly – deeply understood. I noticed the kids liked voicing out their own interpretations – which were all heavy by the way, so I became extra observant of their reactions. They went on to view the works in the next floors before we set off walking towards Fort Santiago where the kids continued to analyze the works of Kolown (their favorite), Kawayan de Guia and Kiri Dalena’s “In the dark times Will there also be singing? Yes, there will also be singing. About the dark times.”

It was a very serious and intense moment when they read the message of Kiri’s work, saying it out loud in Tagalog, and telling me, Didit and Jeff about how they understood what the artist was trying to say. To be right there witnessing these young individuals who have complex backgrounds (and continue to live in desperate conditions still), grasp the sophisticated message of the artwork of the biennale and appreciate the whole point of the exhibition – became a very emotional moment for all of us, but we adults kept our cool, shed no tears (or maybe, hid the tears) and moved on. I would often mention them to that the theme of the Manila Biennale for this year centers on war and remembrance, and the kids did not hesitate to tell me in their own words how they Understood.

Lunch was sponsored by Binalot, served under the shade and the kids happily took a break from all the summer sun walking. Afterwards, everyone was called to join Museo Pambata and Sipat Lawin beside the Bayanihan Hopping Spirit House of Alwin Reamilo, for an afternoon of reading under the trees in the Bamboo Garden, and later, Sipat Lawin did a fantastic workshop where the kids were taught performance art, and the song and cheer for the parade of the Bayanihan. “Bawat Bata” was rehearsed with so much joy and passion, that some folks surrounding the children had forgotten their coolness and shed happy inspired tears. After the rehearsal, they had a snack of pancit along with some volunteers of the Bayanihan: Philippine army men, pedicab drivers, foreign visitors of Intramuros, artists and friends. It felt like one big family picnic under the trees in an enormous park, and the kids laughed, ate pancit, lamented on the green mangoes that fell on Fort Santiago’s moat, relaxed for a bit, and talked happily with media that wanted to interview them. It was love all around.

The highlight of the day came and the ACAP kids were positioned at the helm of the Bayanihan parade, to sing Bawat Bata and give their powerful chant ” Ang bawat bata sa ating mundo, Ay may pangalan may karapatan”. They led the Bayanihan with such pride and joy, it was a moment that brought Intramuros so much life…from kids who have so little in life. Leading the massive pack of people carrying a house on their shoulders, they marched to Plaza Roma to welcome the house at its new neighborhood, with incense and prayers and good thoughts. It was such a great feeling for us to have the ACAP kids be the leaders of such a meaningful Filipino event, to have them excitedly cheer for the adults bringing such a weight of a house on their shoulders, and to lead the all people at such a festivity. For me to be given the opportunity to walk alongside these kids for the day, and have them share their thoughts about life, struggle, perseverance, and Hope, was a great honor.

Thank you Carlos Celdran for hosting the ACAP Kids at our Manila Biennale, you gave them a chance to be leaders at this groundbreaking event of ours. Thank you Binalot for nourishing them and adding the extra rice. Thank you Museo Pambata and Sipat Lawin, you lifted their spirits and souls. This truly was the essence of our theme, to bring back the soul of the city. And it’s in these kids.

Photo credit:  Eve Javier
 

Binalot CEO Rommel T. Juan featured in The Village Connect (February 2018)

Binalot to Open More Branches as it Eyes 20-25% Growth

Binalot, a Filipino comfort food quick-serving restaurant which has been operating since 1996 sees 2018 as a year of growth as it eyes 20-25% growth. Binalot will be opening up 5 company-owned and 10 franchise stores in the country even as it looks for foreign partners to put up stores abroad.

It already has two stores in Dubai and one in Abu Dhabi although it wants to expand in other areas of the Middle East where there are huge concentrations of Filipinos.

Binalot was created by Rommel Juan (and some partners from college days) because of their fond memories of Filipino comfort food wrapped in banana leaves. They put up one in their residential condominium delivering orders obtained by phone personally to the nearby offices until they grew big enough to rent a store space in Jupiter Street and buy motorcycles for deliveries of orders.

Juan came from a family of entrepreneurs (the mother runs a school in Malabon and the father owns his automotive business) which they would discuss over lunches or dinners in their residence in Alfonso, Cavite where the family also had a farm. The children naturally grew to love entrepreneurship because of the stories their parents shared. Even during elementary and college, they sold whatever they could to classmates and others.

“They were always joyful stories although my parents also warned us of the challenges but they also told us that there is always a solution to such challenges. So we grew up thinking it is good to be in business, it became automatic to us upon graduation to put up our own businesses,” Juan reminisced.

First outlet

Binalot

The very first Binalot was actually a residential condominium in Makati. They took orders by phone and delivered on foot until they put up a store in the commercial area in Jupiter Street , bought motorcycles and then we entered the malls. We had organic growth until 2004 every year we grew by one store until I went into franchising I n 2004.

“Our main expansion strategy is still franchising so I am always on the lookout for effective partners. I always believe that having a franchise is having a business for but not by yourself,” Juan said.

Our job is to support these franchisees so that their businesses will be successful since we cut the learning curve (because if you start your own business chances are 85 percent of new businesses fail in the first three years but by franchising with us you have 95 percent chance of surviving the first four years).

Our franchise fee is P550,000 (inclusive of use of brand, training and initial inventory) but total investment (with construction and site selection) is P1.5 to P2.5 million per store. The average size of a store is 60 square meters for standalone and for food court is 22 square meters.

Their bestsellers are the traditional Filipino adobo, sinigang (eaten in the store), an ongoing debate of which is the national food. Every month we change our offering. Salted eggs are in all our meals, he added.

Even our franchisees are happy with their investments and a lot of investors are coming in. But we are more discriminating with sites, Juan stressed.

He gets his banana leaves from a community (of 30 families) they organized in Nagcarlan, Laguna through a program DAHON, his CSR, since Nagcarlan has 700 hectares of wild banana farms. He has been getting 80 percent of the leaves from this place. Wherever we go we try to find communities we can support.

Products

Per store, the average food line is 12 (as quick service restaurant you must stay lean in your offering) so with the combinations, it is a total of 40 lines.

Binalot

Most of our customers are dine- in (with 20 percent take out) and deliveries. We are beefing up our logistics to boost our deliveries, where we started.

He would like to think that Binalot is still an SME (the advantage of being small is you are nimble and can react fast). He already has a commissary in Paranaque which has a walk-in freezer and walk-in chiller now. The commissary supplies the provincial branches by boat for mixes but meats and veggies are sourced locally.

 

In the Visayas Binalot has branches in Iloilo, Bacolod, in Mindanao we are in Davao and looking at Dumaguete.

 

Juan said Luzon still has a lot of potential with so many malls and food parks rising. Stores in Metro Manila comprise 90 percent.

Growth areas

In next three years, we are focused on domestic growth although we want to go to foreign countries with a lot of Filipinos like Singapore and other Middle Eastern countries (Qatar, Saudi Arabia).

Our belief is we service the franchisee (our customer) and their end customer is theirs. A lot of their franchisees are professionals, ex-IT professionals, and fresh graduates.

This year we are looking at five company-owned and 10 franchised stores. Our target is to grow 20 to 25 percent a year.

By: Rose de la Cruz

http://villageconnectph.com/binalot-open-branches-eyes-20-25-growth/

 

Pinoy fast food chain Binalot expands in UAE

By The GNP Team – January 6, 2018

Homegrown Filipino fastfood Binalot has recently opened 2 more outlets in the United Arab Emirates.

The 2nd UAE branch of Binalot opened in Deira City Centre, the busiest mall in Dubai where most Filipinos frequent. The latest one is the Little Manila Abu Dhabi branch at Al Roumi Building, Fatima Bint Mubarak Street, Al Dhafrah (across Burjeel Hospital).

Binalot President Rommel Juan visited Abu Dhabi for the grand opening which was graced by Ambassador Constancio Vingno, Jr.

“We are very happy with the opening of Binalot Abu Dhabi because it is sure to be the destination of choice for Filipinos in Abu Dhabi,” said Juan in a media release sent to GoodNewsPilipinas.

Binalot Fiesta Foods initially entered the Middle East market by granting a franchise to the Al Ahli Group, a large Dubai-based conglomerate.

The partnership flourished into creating the largest All Filipino Food Court in Dubai called Little Manila.

Little Manila boasted of 1000 square meter dining space with 10 Filipino brands to choose from.

Little Manila quickly became the “in” place to dine among the Filipino communities in Dubai where big crowds can commune, feel at home and enjoy Filipino food. It became the cure for homesickness for the Filipinos in Dubai.

Binalot is the flagship brand of Little Manila, serving its famous All Time Pinoyvorites like Adobo, Tapa, Sinigang and Bistek. It now even offers boodle fights for groups of 10 to 20 people.

Pinoy fast food chain Binalot expands in UAE

Binalot expands to Middle East, opens 2 branches

 (The Philippine Star) 

MANILA, Philippines — Homegrown fastfood chain Binalot Fiesta Foods Inc. continues its expansion abroad with the opening of two new outlets in the United Arab Emirates.

Binalot president Rommel Juan said the company opened branches in Deira City Centre, a mall in Dubai frequently visited by many Filipinos, as well as in a Filipino-themed food court called Little Manila in Abu Dhabi.

“We are very happy with the opening of Binalot Abu Dhabi because it is sure to be the destination of choice for Filipinos in Abu Dhabi,” Juan said.

“We look forward to more store openings of Binalot with the Al Ahli Group. But right now, we will work hard to serve the Filipinos in our UAE branches in order to give them the best tasting and best quality Filipino food possible,” he added.

Binalot entered the Middle East market by granting a franchise to Dubai-based conglomerate Al Ahli Group.

Its first outlet in the UAE is located at the Little Manila Dubai branch.

“Little Manila quickly became the in place to dine among the Filipino communities in Dubai where big crowds can commune, feel at home and enjoy Filipino food.  It became the cure for homesickness for the Filipinos in Dubai,” Juan said.

According to Juan, Filipinos account for about 30 percent of the workforce in Dubai, while in the entire UAE, there are around one million Filipino workers.

He said a study commissioned by the Al Ahli Group found that 80 percent of Filipinos in the UAE eat out, a proof that their spending power has increased.

“Binalot will be following the Filipino community around the world as it promotes Filipino family values of dining together even in these busy times when all time left for get-togethers will be over food,” Juan said.

http://www.philstar.com/business/2017/12/18/1769285/binalot-expands-middle-east-opens-2-branches

Things to consider before franchising a business

Armando O. Bartolome
http://news.abs-cbn.com/business/01/28/17/things-to-consider-before-franchising-a-business

MANILA – For those who are thinking of franchising a business, here’s a guide to get you started.

Most entrepreneurs consider franchising because they feel this would somehow give them an edge versus starting from scratch.

• You know that any kind of business could be risky. Are you prepared to put your own money at risk? It will help you decide if you are ready for that bold move.

• As franchisees, there are rules that you need to observe. You should be amenable to the franchise agreement. Otherwise, you will get yourself in trouble.

• Do this simple math: assets – liabilities = net worth. Some franchisors may have a specific net worth requirement.

• Instead of just choosing from available franchise opportunities, consider your skills and capabilities.

• Any earnings-related questions may not be easily disclosed by your franchisor representative. Ask from current franchisees.

• Having a franchise business may have been playing in your mind for months, but be sure that you create a business plan. This will be helpful in case you apply for a loan.

BENEFITS OF FRANCHISING

Having a franchise business may give you several good points.

• Sticking with a well-known brand gives you an edge.

• The franchisor should be able to provide you with the necessary knowledge on how to get started.

• You will not worry about the equipment to be used in the business because these come with the agreed franchising fee.

• Buying supplies from the franchisor is less expensive.

• With the backing of a franchisor, it will be easier for you to get financing.

• The franchisor will provide support on marketing and advertising, though at a cost.

• If you have started your own business, your return of investment may take about between five to seven years. But with an established brand, the company’s projection is anytime between two to three years.

• Franchisors provide seminars and training for franchisees.

• Franchisees need not be burdened on coming up with new products or innovations.

• Franchisors have a team that can help provide the best locations possible.

• Just in case a franchisee decides to discontinue the business after the contract, it will be easier for the franchisee to sell it back to the franchisor.

For questions and more information, you may contact Armando “Butz” Bartolome by email: philfranchiseguru@gmail.com or on Twitter https://twitter.com/philfranguru. His website is www.gmb.com.ph