Benefits of Franchising

Advantage #1 – The Experience of the Franchisor
When an individual buys a franchise, he purchases the years of experience and the proven methods of the franchise system, also known as the franchisor. One franchisee expressed it this way: “What I have learned from the franchisor was worth ten times what I paid for the franchise”. In any new business, much time and money are spent in trial and error. A proven franchise may eliminate many of the start-up problems. This reason permits one to open a franchise business with little or no previous experience in a given industry.

Advantage #2 – Training
A franchise system will provide training for the new franchisee. This is usually done at the home office and at the franchisee’s place of business. This training should prepare the new owner in all facets of the business.

Advantage #3 – Buying and Advertising
Most small-business people cannot afford inventory products in bulk or extensive advertising. The franchisee buys this advantage when he or she purchases the right to use the franchise system’s purchasing power and advertising. Most system provide advertising. Most systems provide advertising help and direction. Furthermore, as the number of franchisees increases, so does public awareness of the franchise. This can be tremendous advertising advantage. Also, franchisees that are located near one another can advertise together thus reducing cost.

Read More: http://www.pfa.org.ph

3 Mindsets you need to change when investing in a Franchise

The Philippines continues to remain the franchising capital of Asia. One of our greatest successes as a country is having over 150,000 franchise outlets with thousands of happy franchisees. The Philippines continues to remain the franchising capital of Asia. One of our greatest successes as a country is having over  150,000 franchise outlets with thousands of happy franchisees.

With its high acceptability and 90% success rate over traditional do-it-yourself businesses, it has been a pretty typical case that a franchisee can own two or more franchise stores. Another great story is that a franchisee can actually own two franchise concepts that are different in category, because of the great business experience with the first franchise store.

Although there are a lot of success stories, there are still a few that have failed, and it almost always starts with their mindset. Here are three mindsets you need to change when entering franchising:

Read more: http://www.pfa.org.ph

International Franchise Expo MARCH 29-31, 2019 | SMX CONVENTION CENTER, MANILA, PHILIPPINES

About the Expo

Exhibit Hours:

Friday-Saturday 10:00AM-7:00PM • Sunday 10:00AM-6:00PM • 29 – 31 March 2019

Student Visitors :

Friday 3:00 PM onwards • Saturday and Sunday 10:00 AM to 2:00 PM only

Entrance Fee:

Online: Free
Onsite: Php 100.00 /visitor /day

All payments must be made in PHP (PESO) at the SMX Convention Center Lobby. Please bring a PDF, image, screen capture or printed copy of your pass.

Visitors Guidelines:
  • Children below 4ft will not be allowed in the exhibit areas
  • The organizer will not be held liable for visitor’s dealings/transactions with the exhibitors.
  • The organizer will not be held liable for accidents, theft and/or any untoward incidents in the exhibit areas.
  • Security check shall be strictly conducted by appropriate Expo personnel. Explosives and deadly weapons are strictly prohibited inside the exhibition areas.
  • Wear proper attire – Business Casual. Wearing of sleeveless, undershirt and slippers are strictly prohibited inside the expo hall.
  • Wear the visitors badge inside the exhibition hall at all times.

To Register Click Here

ILOILO BUDGET TRAVEL GUIDE (with itinerary expenses and top attractions)

Situated at the southeast part of Panay Island in the Visayas, ILOILO is yet another top destination in the Philippines. As its locals claim, it is simply the very representation of what the archipelago can offer, a synergy of steps wrapped of natural wonders in culture and topography in the bigness of a dance that is the Philippines.

Visit
Festive Mall, Iloilo
F107 Food Court, Festive Walk Mall, Iloilo City
Tel: +63998-9619423

STORE HOURS:
Mon – Sun 10:00 am – 8:00 pm

Robinsons Place Pavia
Level 3 Unit L3-27 Food Gallery,Robinsons Place Pavia, Ungkall Pavia, Ilo ilo
Tel: +63998-9619424

STORE HOURS:
Mon – Sun 10:00 am – 10:00 pm

While here, spend an extravagant amount of time wandering through its age-defining mansions and churches that are dated as far back as the Spanish era. Taste a plethora of delectable cuisine that is uniquely Filipino, from pancit Molo, chicken inasal to La Paz batchoy. Soak up in the presence of a stronghold of Catholicism as you take part in Dinagyang festival, a religious dance in honor of the young image of Jesus Christ. And, wonder at the staggering work of nature that stretches from the outskirts of the city to the edges of Islas de Gigantes.

Visit Iloilo and discover what makes the province the indefinite beating heart of the Philippines.

To read more, visit: The Fun-sized Traveller

 

PANAGBENGA FESTIVAL 2019: (Baguio City Flower Festival Schedule of Activities By Team Out of Town – December 31, 2018)

Baguio City, Philippines — Are you planning to experience the 2019 Baguio City Panagbenga Festival? The official Panagbenga Festival 2019 Calendar of Activities was already released by the Baguio Flower Festival Foundation for those who are planning to witness the festivities. Now on its 24th year, this years theme is “Blooming Forward”. The Flower Festival will start on February 1 and end on March 10, 2019.
visit Binalot Baguio at Ground level, Baguio Crown Legacy Hotel Baguio City Tel: (074) 422 4483 STORE HOURS: Mon – Sun 7:00 am – 10:00 pm

“Panagbenga”, a Kankanaey word meaning “blooming”, was first staged in 1996 as a recovery measure after the 1990 earthquake in North Luzon, since then, it continued to attract local and foreign tourists every year to experience the colorful festival.

Panagbenga Festival is considered as one of the most attended festivals in the Philippines and one with the largest media coverage. The highlights of the yearly flower festival are the Street Dance Parade, and Grand Float Parade that showcases multicolored floats covered entirely from flowers of every kind.

In this Panagbenga 2019 Blog, we listed some tips on how you can do your own DIY trip to Baguio City. We also included Baguio City Guide + Itinerary, Things to do and see, where to stay and more.

To read more, visit outoftownblog.com

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