Binalot unveils novel franchise plan for OFWs

Business

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Mirror
September 16, 2011

Brand to introduce ‘simple ways’ at Franchise Asia 2011

By Nicole J. Managbanag
Thursday, September 15, 2011
A NEW trend in the franchising industry, which will revolutionize management and promotion of brands will soon be introduced by Binalot Fiesta Foods during the forthcoming Franchise Asia 2011 on September 19-25, at the SMX Convention in Manila.
Rommel T. Juan, president, Binalot Fiesta Foods, said to avail of the franchising business in today’s trend requires hands-on, full time manager and multi-tasking jobs, “which is too big to ask from a franchisee.”
“There are simple yet too many pressures and stresses in today’s franchising world that demand too much from the franchisee’s time,” Juan said.
Binalot Fiesta Foods, one of the unique franchising food companies in the Philippines who successfully brought back the traditional Filipino food wrapped with banana leaves, is quite exceptional compared to modern packaging using Styrofoam and plastics.
Juan said that they will introduce the Company Supervision Scheme (CSS), an initiative to make franchisees manage their own time by assigning a supervisor for their store.
Binalot Fiesta Foods, Juan added, will introduce the scheme that is expected to revolutionize the way the franchising industry should be managed and promoted.
Juan said the franchise brand came up with this scheme on precedent that one of its franchise owners became too busy managing other businesses that resulted to drop the sales.
He added that when Binalot Fiesta Foods started to offer CSS, franchise owners noted significant growth in sales.
Juan noted franchising as the effective engine for

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Binalot opts for ‘green’ booth

BINALOT, the ultimate Filipino food experience in banana leaf, again bested the entries for the best booth at the recently concluded AFFI Filipino Franchise Show. Binalot’s booth was a two storey green-themed entry conceptualized with the assistance of its green suppliers Akari and Lexicon Press and its tech partners Samsung and Powermac for the iPads.

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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