Business franchise in the Philippines has showed significant growth in the past couple of years. The Pinoy entrepreneur shifted investments on small business ideas and micro financing joint venture like the food cart franchise. Because of this, more and more ideas and opportunities continue to evolve and mushroom out of trends in the market from rental stalls, tyangge (tiangge), malls to markets. Now the battle is down to busy community streets through small rentable fly-by-night spaces occupying only a minimal operation area.
While most of the time this type of business is free of rental cost, there are those in malls and markets that give you choices of cheap rental contract. Many retirees also have looked up in investing on small business capital ventures like foodcart (kiosk) and have found success in it. Below are some of the business presentation ideas that might help you if you want to do the same.
A food cart franchise is the top and cheapest option for many small capital businessmen. If you only have a small venture capital to open for a startup business, franchising is a good if not the best choice. We have a list of the different available cart-type franchising investments below. Please see and visit each link to read more information or see initial costing and what you have to prepare in order to avail or apply for a small franchise (kiosk).
Do note, however that, many opportunities would offer the convenience of a fully functional and independent system by the original franchise owner. While this is so, it is still best to make your own market study before investing. Commonly, most of these types of small business offer the convenience of managing your own while minimizing on system process and of needing to hire employees to help fill the gap of manpower management and other related needs. Keep in mind that you have the choice to outsource raw yet cheap labor but you'll always need to come up with a safe, effective and work-efficient management system. Otherwise, you might lose part of your monetary percentage here. Money is not an ordinary thing to invest for something you do not have control over and this is the hardest part for a business franchise in the Philippines - handling manpower.
All you have to do here is manage and market and improve your selling system be learning from your own experience. Allow me to introduce what variety of options and choices you have as a franchisee or investor for a foodcart business idea. See my list below.
If you are the type who is only after to start up small, it is a great way to start by looking for business franchise for sale. This might be a bit risky especially if you are to open a foodcart. The reason is that there is a big chance you might end up bankrupt just like the previous owner was. If you opt in for this type of takeout investment, be sure to ask the previous owner why he or she had to close down and sell the franchise.
You might consider of course putting your food cart in a place where it is more strategic. So many investors for this type of small business fail due to market location and right client targeting. For more related questions, you can visit the official website for the Philippine Franchise Association (PFA) - http://www.pfa.org.ph/. You can find a lot of help topics with regards to business franchise in the Philippines in that website. They range from franchising 101 basics, services, you can apply for membership, how to invest in the right franchise, MSME issues, legal and ethical standards, digital standards of today, how to enter the Philippine market and more.
For more Philippines business opportunities in the market, please navigate to our specific review page as listed in the link above or see major by the million franchise investment offers below from some popular fastfood chains, kiosks, food and beverage dine-in businesses, convenience stores, coffee shops and restaurants. Otherwise, you might want to check the latest Top 40 Franchise Opportunities in 2017 by Roel M.
Below are only some of the biggest role players in the Philippine business franchise industry. Most of them are open for franchising investment. Just click on a link to find out how much fees, cost and other charges for opening a branch as well as how to process a franchise application and what are the requirements and other needs to qualify as a franchisee.
Pinoys who are looking to invest in a business franchising scheme who have little investment money available can now get a chance to have their own small business. With this list of small and medium enterprise franchise investment, there are bigger chances of higher return on investment with little capital involved.
Our list span from initial capital of hundred thousand to 1 million pesos and at time may even require a little more. But since this list contains fast rising popularity in the industry of business franchising in the Philippines, chances are, you are assured of a fast recovery and ROI.