Tips and Traps

Franchising in the Philippines has never been bigger. Year on year, the industry grows exponentially. This is probably the reason why more and more people are investing in franchises rather than setting up new businesses that they start from the ground up. Statistics indicate that the success rate in franchising is 90%. Traditional businesses, on the other hand, will give you a 25% chance of survival. While this points to the obvious that franchising is your best option in your dive into the ocean of entrepreneurship, you still here accounts of people that fail in their endeavors.
This is the 10% that is hardly spoken about. This is the 10% that shatters dreams. This is the 10% that leads to disillusionment. Do we now join the ranks of franchising’s naysayers and avoid the industry like a plague? Or do we arm ourselves with knowledge that will lead us to a point where we get to an informed decision with regard to franchising?
This article will be about the second option. We need to know what franchising’s obstacles are and how to hurdle them. Better yet, we will show you what they are so that you can avoid them altogether. We’ll point out the traps. We’ll give you the tips. Hopefully all of us will be wiser because of this.

Read More: http://www.pfa.org.ph

Why Do Filipinos Love To Eat Rice? (And Other Yummy Pinoy Food Facts)

We Pinoys are certified foodies. Whether it’s a street food to tame our growling stomachs or an occasional gourmet dish that blows our budget, Pinoys just love to sit down and try anything edible.

And as a true-blue Pinoy, we also love to share the experience with our foreigner friends. The way to a tourist’s heart, after all, is through his stomach.

But how can you explain the Pinoy food culture to outsiders if you personally don’t know how it started? These quick bits of delicious food facts should give you a head start.

Read more: https://filipiknow.net

Halo-Halo: The Surprising Origin of Philippines’ Beloved Dessert

Arguably the Philippines’ most popular dessert (sorbetes is another choice), halo-halo has a history as deliciously rich as its mixture of flavors.

In her book The Governor-General’s Kitchen: Philippine Culinary Vignettes and Period Recipes 1521-1935, food historian Felice Prudente Sta. Maria shares a brief history of Filipinos’ favorite shaved ice dessert:

The Japanese mitsumame, literally “many beans,” a favorite homeland refreshment translated into mongo con hielo by Nippon immigrants,  helped bring icy refreshment to the popular market. Philippine variations climaxed in halo-halo, which adds fruit preserves and custards to the prototype. The original mitsumame was at first made with snow until the ice-shaver made its way into the Japanese Asahi company’s technology.

Read More:https://filipiknow.net

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

 

Binalot Robinsons Galleria Opening (February 26, 2019)

Para sa pagkaing Pinoy na patok sa panlasa (pati budget,) bisita na sa Binalot Galleria! #BinalotPH

Posted by Binalot on Sunday, March 10, 2019

Binalot Robinsons Otis Now Open (January 29, 2019)

Binalot: Robinsons Otis

Bukas na ulit ang Binalot branch sa Robinsons Otis! Kain na 👍 #RobinsonsOtis #BinalotPH

Posted by Binalot on Wednesday, January 30, 2019

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