Franchising a good business in the Philippines?

From my perspective, yes, because we know that Filipinos love well-known and established
brands and businesses, and that's why they enjoy it more than any other business. I believe
that franchising is popular in the Philippines because many entrepreneurs want a risk-free
business, so they just buy established brands that can be franchised to earn money and
easily get their return on investment back. When you franchise a well-known brand in the
Philippines, expect many people to buy from you immediately because they already know
the brand and they already trust it.

What is the profitable Franchise to own?

I firmly believe that a food and beverage franchise is the most portable franchise to own
because we know that Filipinos love food and drinks. I think that businesses that are in the
food and beverages sector/industry are more profitable than other industries because food
is a necessity, it can be easily consumed and sold. That's why I aspire to have my own fast-
food restaurant someday because I love to cook and prepare food for other people.

How much does it cost to start a business in the Philippines?

According to what I’ve read on the internet, starting a business in the Philippines will cost
you 5,000 to 100,000 pesos depending on the business you want to establish. If you are
only building a small business, it may cost you 10,000 to 20,000 pesos like a sari-sari store
and food stall. If the business you want to build is big, it may cost you 50,000 to 100,000
above because there are more things to consider such as operations, employees, and
processes. Nonetheless, you can start a business here in the Philippines if you want, as
long as you have enough capital for the business you want to build.