Pinoy Franchises

How Franchising Grows and Became a Key to Alleviate Poverty

franchise — Wed, 06 Jul 2011 08:24:48 +0000

Try to look around you. If you will notice, when you want to have a lunch with you family, you will go in a fast-restaurant. Buy some gifts for your friends on a boutique . And stop in a gasoline station to fuel your engine. Notice that those places you ar…e going to are franchise. And we must admit that franchise business became a part of your daily living now. This shows that franchising is very much intertwined with Filipino life, which was unnoticeable 15 to 20 years ago.

Filipino today finds franchising as one great tool in alleviating poverty. No doubt about it! Even businessmen admit that growing with franchising helps the economic status in our country. Franchise Philippines officially came in 1910. Even until 1990s, franchising was seen as an exclusive club for big business or multinational corporations and public utility. And so, franchising hardly boost the Philippine economy that time. Until the Philippine Franchise Association (PFA) made a move to promote the franchising in the Philippines, to somehow help in the development of the economy. Filipinos finally wake up from sleeping pattern in business industry. The franchising opens a new opportunity for new and small entrepreneurs to grow and to expand their business.

Years had past, the growing franchising really helps the Philippine economy. Unexpected growth of franchising contributes 5 percent to the country’s GDP as it creates thousands of business and millions of jobs. Several franchise concepts in food, retail and service are available. This shows that franchise Philippines inspires more entrepreneur to explore their abilities and eventually expand their business.

No doubt that franchising is now a key to alleviate poverty in the country. If only most Filipinos knew how franchising helps not only us, as entrepreneur, but also the country’s economic status.

Tips on choosing the right Franchise for you

franchise — Wed, 01 Jun 2011 08:16:18 +0000

A Franchise is the legal agreement between two parties known as the franchisor and the franchisee, in which the franchisor gives or grants the franchisee the rights to distribute or render the goods and services of a certain brand/name they own in a distinct location over a specified period of time. Upon doing so, the Franchisee is to pay the fees set by the franchisor for him to be a part of their brand/trademark/business venture. One should note that upon entering a franchise agreement, you are only paying up for the rights to open up a business under their name, you’re not really buying the business itself and that can only do so for a limited amount of time, depending on your contract.
By the fact that you’re reading this already means that you are already interested in franchising, whether you already have a particular brand in mind or still undecided, here are some tips that can help you in choosing the right franchise for you:
Know your interests, likes, and things that you enjoy
90% of successful businesses have owners in which are happy and enjoying the time they are spending on their franchise, being happy with what you’re doing can really boost your performance as you will subconsciously exert more effort and give extra time to your business. If you’re interested with the particular product or service that you will franchise, you will certainly be more enthusiastic in researching and developing strategies that will improve your franchises performance. Take note that most people love to deal with enthusiastic suppliers. To make things short, people who makes their work as part of their lives rather than just a necessity in order to gain money are more likely to succeed.
Ask, ask, and ask some more
Bear in mind that you’re entering a deal that could change your life as you know it, so it is best that you conduct a research before signing up their contract. Ask other franchisees about their experience of transacting with the said franchisor, ask bank managers if they fin d your franchisor credible enough because most banks are happy to give out loans to trusted franchisors whom meet their requirements and this might be helpful in times that your franchise is in need.
Read and take your time before signing
Always remember that once you’ve signed the contract, you already agreed to the terms they proposed so be responsible enough to read and fully understand what you are to sign for before doing so. You must also be aware that agreements by words won’t be counted as legal, only those written on the contract in which both parties have signed are the only ones legitimate and official. Note that understanding the contract fully will give you a greater control over your legal advisors and franchisor.

Seek Professional Advice
If you are still reluctant on your agreement, it is also a good move to seek professional advice. Find and ask tips from Franchise Guru’s, present the franchisor’s business plan with your trusted Accountant, Talk to your lawyer and discuss the contract, franchise agreement and other portions of the deal. Discuss possible exit strategies with your lawyer if ever things go wrong.
Do research work, don’t stick to a single option
There are a lot of Franchises out there, be patient enough to do your research in order to find out which one would be suited for you, and which one would turn out to be most productive. Having multiple options can expand your knowledge and increase success rate.
Consider all factors that will affect the performance of your franchise
Again, conduct a research about factors that will surely affect the performance of your franchise such as Location, Target Market, Demand, Lifestyle, Average Earnings and Age. Note that it is best to pay for the best location if ever you found one rather than have your business set up on a cheaper but lesser chances of doing good business.
Be aware of the risks involved
No business can be considered without risk, so no matter how convincing your franchisors are, never be tempted to seal the transaction immediately. Every businessman would do everything to seal the deal, always be enthusiastic to ask everything and especially those which are not mentioned in the contract.
Having said all these it is now time to check whether you are personally ready to enter the franchising business:
Are you ready to shoulder the responsibilities of starting and maintaining your own business?
Have you carefully read and fully understood all documentations related to the transaction?
Can you afford the franchise?
Will you enjoy working with the said franchise since it has a time span commitment of 5-10 years?
Do your family approve your plan of entering the franchise venture? Will they support you?
Are you happy working with your staff?
Will you be able to communicate in a harmonious manner with your franchisor?
Will you be able to provide what your customer demands?
Are you ready to devote your time to a hands-on business?
Will you be able to manage the stress and difficulties of running a business?
Are you ready to embark on an endless pursuit of further improvements for your business?

Meanwhile here are some of the things that you ought to consider before opening up your franchise:
Look for the best site before committing yourself to the business.
If ever you cannot find what you are looking for, wait for the best location possible.
Conduct a feasibility study on your selected area. Determine factors such as size of population, age, lifestyle, and average earnings of your target market.
Choose the better location over cheaper rent.
Negotiate the best deal possible.
Checklist of things that you ought to have done before signing up the contract:
Consult a lawyer, franchise guru, and a trusted accountant
Investigate the franchisor
Ask the bank if they accredit the franchise brand/name
Obtain and understand the disclosure documents

Franchise Philippines 101: Some Things to Consider Before Taking the Leap

franchise — Fri, 03 Dec 2010 16:45:12 +0000

So, you want to try your luck in business but you’re looking for one that involves the lowest risks possible? If you are, your best bet would be a franchise Philippines business. With such a business model, you (the operator/ business owner) can maximize your business’ profit potential in a shorter time as compared to other more traditional business models. And the great thing is that your success is almost always guaranteed, if you just follow your franchisor’s business system to the letter. Now, isn’t that great?

Franchising has recently been named as one of the most outstanding and most successful business models in the country today. It has become so popular that we now have more than a thousand franchise Philippines brands (from just about 50 franchising brands during the 1980s). No wonder, the Philippines is now being dubbed as the “franchising hub of Asia”.

Inspired with all the success stories you’ve been hearing about franchising and ready to start your own franchise business? Hey, don’t just jump right in! No matter how great it looks, you need to know what you’re getting yourself into before taking the plunge. To gauge your readiness, ask yourself these questions:

Do you really know what franchising is all about?

Do you know how to choose the best franchise Philippines business for you?

Do you know how you can maximize your potentials for success in this business?

For those who need a little more background on what franchising is all about, here’s some information that you may find useful.

Franchise Philippines Defined
Franchising is defined as a business model wherein the owner of the business (franchisor) gives the independent operator (franchisee) the right to distribute his products, apply his business techniques and use his brand and/or trademark in the conduct of the business. You, as the franchisee, will be provided the exact system as well as the proven formula to run your business with minimal risks. As such, you can stop worrying about protecting your investments and instead, concentrate on making your business a success.

So, what’s in it for the franchisor? What does he or she stand to gain in the process? Well, for sharing with you his proven business formula, you will be giving the franchisor a fixed franchise fee plus a portion of your gross income (royalty fee, advertising fee, etc.). Indeed, it’s a win-win situation for all parties concerned.

Choosing the Perfect Fit
While running a franchise Philippines business is an almost guaranteed success, you still need to do your research prior to buying one. Here are some tips on how to do it right.

Decide which franchise opportunity is right for you. Since you’ll be investing your hard-earned money in buying and operating a franchise business, you need to make sure that you will continue to sustain your interest in your business. Don’t worry, with the endless variety of franchise businesses available, there will surely be one that suits you!

Identify your chosen brand. The brand your chosen franchise carries can help you get an early lead over your competitors. So choose wisely. Your success may largely depend on it.

Consider the success rate. One great yet simple indicator that can help you determine whether your chosen franchise business has a well established business system is the number of its franchise outlets. If you observe that the number of outlets is significantly increasing, it means that business is good and it’s most probably worth investing in the business.

Determine if there is available support. One good thing about franchise agreements is that the franchisor offers support and guidance to each of its individual franchises before and during operation as part of the package. Quality control, continuous research and development, and trainings are also included.

Check the legitimacy of the franchise. Be vigilant. Make sure that you’re not dealing with some “fly-by-night” operations. So, visit the office of the Department of Trade and Industry (DTI) nearest you and see if your chosen franchise is duly registered. You may also ask if the franchise is affiliated with any existing legitimate franchise groups such as the Association of Filipino Franchisers, Inc. (AFFI), Filipino International Franchise Association or the Philippine Franchise Association. Know everything there is about your chosen franchisor. Remember, it’s always better to be safe than sorry.

Financial freedom is just a step away if you’re operating your own franchise Philippines business. So, are you ready to claim your piece of the profits to be made in franchising? You better be!

Salon de Manila Philippine Franchise

zendl — Tue, 14 Jul 2009 12:50:18 +0000

Salon de Manila has been taking the hair cut industry by storm. Armed with talented crews which posses great amount of creativity and customer driven service, they became the talk of town. With service so great that even actors and actresses are becoming regular customers. So what are you waiting for? come and let yourself be beautified by Salon de Manila.

Contact details:

Sonny Mangundayao
President
Tel:893-1309, 816-7920, 817-6627
Fax:891-1025, 893-1308

Pharmaquick 24-Hour Drug Store Philippine Franchise

zendl — Tue, 14 Jul 2009 12:42:54 +0000

Company nme: PharmaQuick Corporation
Trade name: Pharmaquick 24-Hour Drug Stores
Products and services: Retail, Wholesaler, Distribution, Franchise

Contact details:

Randy L. Clarito
Designation: EVP-General Manager
Telephone: 8927025
Email: randy@pharmaquick.com.ph

Rudolf S. Basilio
Designation: VP-Distribution
Telephone: 8927089
Email: rudolp@pharmaquick.com.ph

Address:
M6 Prince Tower
14 Tordesillas Street
Salcedo Village, Makati City

Tel: 8173526; 8927025; 8927089
Fax: 8125820

HBC (Home of Beauty Exclusives) Philippine Franchise

zendl — Tue, 14 Jul 2009 12:40:21 +0000

Believing that each Filipino have the right to be beautiful, couples Dr.Rolando B. Hortaleza and Dra. Rosalinda Ang started a company named HBC ( Home Beauty Exclusives ). It is now a Billion-peso company that serves the personal retail market with over 150 branches in the Philippines, being one of the most trusted names in health, beauty, home and personal care products and services. The company boasts that their products are of world-class.

Franchise Package 1: P350,175
Franchise Package 2: P600,490

FREQUENTLY ASKED QUESTIONS:

What type of franchise is available?

HBC Franchise Corporation offers UNIT franchises for the development and operation of an HBC Store.

How much is the total franchise investment?

The total investment for an HBC Store franchise is about P4 Million for an outlet with an average area of 80 sq.m. in a mall or free-standing location. This includes the franchise fee of Php750,000.00 as well as a total support system necessary to run an HBC Store outlet. The franchise package includes:

Use of HBC’s reputable trademark, name, and logo
Pre-opening and start-up assistance
Site selection and evaluation assistance
Store design and construction for turn-key package
A comprehensive ISO-certified franchise operations manual
International-standard training on retail management,
Operations and services
Aggressive local marketing and promotional assistance
Grand opening assistance
Access to a customized, user-friendly POS system
Access to the latest trends and techniques on beauty and personal care
Bulk pricing of high-quality professional and branded products
Continuing field visits, training, guidance, and business evaluation
Access to exclusive services of dermatologist
Regular advice or guidance on all aspects of store operations
Guidance on operational and sales performance reporting
Assistance in the hiring process
What does the franchise fee cover?

The franchise fee covers the cost of providing you with pre-opening and start-up assistance, initial training, and other support and business development services. This fee also entitles you to: use of the HBC name, trademarks and logo, access to operating system, marketing support, ongoing business development, consulting, and other benefits during the term of the franchise.

How much is the royalty fee?

The royalty fee is 5% of gross sales for continuing support services.

What do the system wide and advertising fees cover?

Franchisees shall spend a specific amount each year or 1% of gross sales monthly, whichever is higher, for local advertising and promotion. There is also a system wide contribution of 3% of your gross sales to a corporate advertising and development fund which will be used for newspaper and direct mail advertising or promotional items through other media.

Will we be given a comprehensive operations manual?

Yes. After you sign a franchise agreement, you will receive a copy of the Confidential Operations Manual containing policies and procedures involved in running the business.

Will we be trained on the HBC system of operations?

Yes. At our training center, franchisees and their designated manager will be given 3 days training on store management, operations, services and products, as well as customer service. On-the-job trainees (OJTs) will also be given special training for one month at our Training Center in Metro Manila. The OJTs for provincial outlets will be given 3 weeks training at our satellite office within the area. Training is done 30 days before grand store opening.

What other continuing support will I receive?

As our franchisee, our representatives will conduct periodic visits of your outlet, provide advice and guidance, and check quality control compliance, and may be consulted on any matter you may encounter as you operate the business. Refresher trainings may also be provided as needed, as well as access to exclusive services of a dermatologist for franchisee store.

Will I have an exclusive territory?

You will not receive an exclusive territory. However, HBC Franchise Corporation will see to it that each site will service the population to the fullest to make the business viable.

What is the term of the franchise agreement?

The initial term of the franchise agreement is 5 years, renewable to 2 additional 3-year terms for a total of 11 years.

Contact Details

2/F, Franchising Department
548 Mindanao Avenue corner Quirino Highway
Novaliches, Quezon City
Tel. No.: (02) 984-5555 local 101
Mobile: 0920-9131391, 0922-8731939
Email: franchise@hbc.com.ph
Web: www.hbc.com.ph

Winners Gym Philippine Franchise

zendl — Tue, 30 Jun 2009 15:17:36 +0000

Winners Gym is one of the pioneers on fitness training service based in Iloilo City and Panay Islands, they claim that they have found the best way of fitness training, combining the old perceptions of body-building into the respected sport conditioning acitivity.

Through its Studio-A facility, Winners gym has also been offering group classes aerobics, cardio boxing and various martial arts formats since 2002. Winners Gym operates four locations all over Iloilo: Molo, Iloilo City Proper, Jaro and La Paz.

Now is the best time to franchise a Winners Gym and advocate a lifestyle of health and fitness in your own area.

Franchise Information

	LEVEL III	LEVEL II	LEVEL I
Description	Hign-end/ Air-conditioned	Smaller space than Level 3 / Non-Aircon	Basic/Non-Aircon
Target Market	Executives, business persons, young professionals, OFWs and their family members	Executives, business persons, young professionals, OFWs and their family members	Students & General Population
Franchise Fee	P600,000	P400,000	P250,000
Franchise Inclusions	Tradename and proprietary marks, site approval, training for Franchisee and staff, Procurement program, marketing assistance, opening assistance, operations manual, research & development	- same -	- same -
Franchise Agreement	15 years renewable	- same -	- same -
Royalty per Month	6% of sales	- same -	- same -
Minimum Space Requirement	400 sqm.	300 sqm.	200 sqm.
Total Capital Requirement	P 3.75M	P 2.75M	P 1.62M
Personal Requirement	1 Supervisor 2 Receptionists 2 full-time Instructors 4 part-time Instructors 2 maintenance staff	2 Receptionists 2 full-time Instructors 1-2 part-time Instructors 1 maintenance staff	2 Receptionists 1 full-time Instructors 1-2 part-time Instructors 1 maintenance staff
Elorde Lifestyle Boxing Ring	Optional	Optional	No provision

Contact Details:

RK Franchise Consultancy
Ground Floor Minnesota Mansion,
267 Ermin Garcia, Cubao
1109 Quezon City, Philippines
Manila (02) 912-2946, 912-2973,
Nationwide Tollfree: 1800-10-88888RK
Email: rk@rkfranchise.com

Acel Beauty Center Philippine Franchise

zendl — Tue, 30 Jun 2009 14:20:09 +0000

Acel Beauty Center is a place where you can find refuge for peace and realxation, they believe that it is a must for every person to pamper themselves once in a while. They claim that they can provide customers good service at affordable prices, after all taking care of your self doesn’t need to be expensive.

Franchise Package

Franchise fee: P88,888
Three years term
Royalty fee of 5%
Return of investment within 6 months
Minimal advertising fee. Monthly marketing fund.
Aggressive promo gimmicks and sales strategies
Continuous training and support
Growing customer base
Excellent services with quality products
Organized inventory system
Salons assistance on structure and design
Constant introduction on latest products and tecniques

Contact info:

Malou or Michelle
Phone: 271-4885 / 272-8322 / 983-0484
Mobile: 0919-5841078

Freddie Roach Boxing Camp Philippine Franchise

zendl — Tue, 23 Jun 2009 14:18:58 +0000

Body Worx is a Boxing camp where anyone can practice boxing as an exercise, a sport, a hobby, or even a career. It was brought up by a famous coach named Freddie Roach, the coach of the “People’s Champ” Manny Pacquiao.

Franchise Information

What are the qualification I must have?
You must have a successful professional track record, people-handling skills, determination to learn the business and ready to take on the challenges of managing the business.

Who chooses the location for the Body Worx Freddie Roach Boxing Camp?
The license applicant is required to recommend a specific location at least 200 sqm. The proposed site then forwarded to the Body Worx Freddie Roach Boxing Camp Management Office for assessment and verification.

How much is the minimum investment? Do you have a license packages?
To own your own Body Worx Freddie Roach Boxing Camp, you need at least 200 sqm. of usable space, pay a licensing fee of P350,000 if the space is up to 300 sqm. or P500,000 if bigger and an annual Continuation Fee (P240,000 / 300,000) covered by a licensing agreement of 5 years. Renovation of the place depends on the location and basic equipment set-up investment is P1,210,000. Training for boxing coaches is provided by Licensor.

Where can I buy my equipment and supplies?
The Body Worx Freddie Roach Boxing Camp is the sole distributor of machines and equipments, programs and supplies.

Who will hire my employees?
The Licensee directly hires the required number of crew, based on the standards set by Body Worx Freddie Roach Boxing Camp. However, our Human Resources Department can assist a Licensee in filling its personnel requirements.

What training do I get?
Body Worx Freddie Roach Boxing Camp Management provides a full-management training program to ensure the success of operating a boxing camp. This training includes Fitness Program, an On-site Training and Operations Standards and Customer Relations for boxing camp crew.

Do I get marketing support prior to and during opening?
Body Worx Freddie Roach Boxing Camp provides a Boxing Camp Opening Package which includes all necessary marketing collaterals needed for a successful boxing camp grand opening.

Contact Details:

Body Worx Fitness Club Inc.
33 West Avenue, Quezon City
Fax: (02) 410-3866 local 113
Email: kathy@body-worx.com

Godiva Skin Station Philippine Franchise

zendl — Tue, 23 Jun 2009 14:11:31 +0000

To strengthen its foothold in the domestic skin care market and to develop more entrepreneurs in our country, Godiva Inc. is offering franchising opportunities with its two business models, theGodiva Cart/Kiosk and Godiva Skin Station.

The Godiva cart franchise requires an initial investment of P350,000 and a payback period of one to two years, depending on the location. The Godiva cart is a 1.5 m x 2 m unit located in select mall locations with high foot traffic exclusively selling distinctive Godiva natural skin care products.

Godiva natural skin care pioneered the launch of licorice-based skin whitening line in 1996. Ten years after, Godiva’s product lines have grown to more than 40 SKUs with more in the pipeline that will surely surprise the market for their innovativeness. From skin whitening, Godiva has developed natural anti-aging, anti-acne, and sun careproducts.

The franchise for Godiva Skin Station is open to investors willing to devote time and resources in pre-approved locations in Timog, Binondo, Ortigas, Greenhills, North Edsa and Libis. Provincial sites in Cebu City, San Fernando, Pampanga and Davao are also available for franchising. Total investment is from P3.5 million to P4.5 million.

Godiva has two company-owned Skin Station in SM Fairview and Makati Bel-Air.

Godiva Skin Station offers facials and body treatment services using specially formulated Godiva products. It is different in that it focuses on high value services, treatments and procedures performed by in-house dermatologists and highly-trained aestheticians. This results in faster payback of from 1.5 to 2 years.

Contact Details:404 Executive Building Center
369 Sen. Gil Puyat Avenue, cor Makati Avenue
Makati City, 1200 Philippines
Tel.: (632) 8909844-47 Fax: (632) 8967945
Web: www.godivaskincare.com