Franchising, CSR and the triple bottom line

Business Mirror, September 4, 2011
Armando O. Bartolome / Franguru
FRANCHISORS are believed to be the great moneymakers because they charge franchise fees, continuing fees like royalties and other license-related fees. So, all we need to find is that one concept that will click with investors or would-be entrepreneurs and we have that magic formula to wealth. For franchise applicants, they often almost beg a franchisor to choose them or their location for the brand’s next location. That is, if the brand is a hot one.

Japanese Businessman as Filipino Franchisee

Expat Newspaper | July 31 – August

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13, 2011

Provincial Franchises on the Rise

Philippine Daily Inquirer, July 22, 2011

Today’s entrepreneurs are into a new secret: Open in the province, and avoid Metro Manila’s high rent and labor.

Come to think of it: Franchises follow the suggested retail prices whether they are in Manila or are in a provincial mall. But rental rates and labor costs are much cheaper in the provinces, by as much as 20-30 %. This is one of the secrets unlocked by Binalot franchisee Ken Clemente. The 20- something , very youthful entrepreneur finished his college studies in DeLa Salle, but decided to move back to Legazpi, Albay to open his Binalot franchise.Continue reading

Aspiring entrepreneurs take off with ‘plug-and-play’ business

BusinessWorld, July 22-23, 2011

CONSIDERED A less risky option because of its tried and tested business models, franchising has become very popular, especially among aspiring entrepreneurs.

Business partners Napoleon L. Casibang and Masanori Ueno introduced to the country in the 1980s by foreign companies like McDonald’s, franchising now covers a wide range of business ventures — from restaurants, drugstores and Internet cafes to salons, review centers and repair shops. According to the Association of Filipino Franchisers, Inc. (AFFI), there are an estimated 50,000 franchisees in the country today. Continue reading

Binalot Booth at the 10th Filipino Franchise Show

The 10th Filipino Franchise Show was held at the World Trade Center at Pasay City last July 22 – 24, 2011. Binalot Fiesta Foods presented in partnership wih Akari, Answer Signs, Audiophile, Baicapture, BLIMS Furniture, ECHO Store, Ecothings, J4EMS Trading and Construction, LeBistro Sustainable Coffee, Lexicon Press, Philippine Mango Seedling Farm Corporation, Power Mac Center, and

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Samsung and won best booth! Check out what happened back there:

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