The Small Franchise Players
May 5, 2008 10:10 am BusinessIn the Philippines, the Small Franchise concept has really taken off, with thousands upon thousands of franchisors all over the country investing in several diverse franchises. Farms, food carts, fast food chains, beauty salons, gyms, and many other concepts have been successfully franchised all over the country. In a country where few people have the money to gamble on building an entirely new business venture from the ground up, franchising has proven itself to be an especially attractive option. A small franchise can cost less than twenty thousand pesos and many franchisors offer all sorts of assistance to franchisees, including training, supplies acquisition, and so much more.