What kind of business can a newbie jump into that requires very little learning, has a relatively small investment and is easy to operate?
Answer: FRANCHISING BUSINESS!
Yup, you heard that right! Franchising of food carts as well as services such as spas and laundry shops are the #1 craze today in the Philippines. The beauty of getting a franchise instead of starting your own business from scratch is that you practically get a “packaged business” meaning that what you pay for pays for everything you need to run the business.
This includes the logo, the food cart (kiosk, stall or whatever), training, equipment, furniture, advertising material, training, uniform and supplies. Practically all you need is the money to buy the franchise and a good location.
But how much do franchises cost? The more popular ones would cost you in the range of 400,000 to 500,000 Pesos. Good news is that you don’t always have to go for the popular ones as new (and really good) alternative brands are cropping up everywhere. These alternative brands would cost you less than half of the what expensive ones cost!
WARNING: Don’t fall for the really cheap ones!
So, what type of franchise would you want get?
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