Franchising is a popular business venture here in the Philippines. Everywhere you look, there is almost always one form of franchise or another. However, just because other people have earned a lot from franchises doesn't mean that you won't encounter problems of your own.

Before you say yes to a franchisor and ante up the franchise fee, here are a few tips to keep in mind:


(First published as "Franchising Facts" in the "Good Money" section of Good Housekeeping Philippines' Jan-Feb 2009 issue. Adapted for use in Female Network. Photo by Kaje via Flickr Creative Commons.)

Franchising Facts

ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Recommended Videos
Get the latest updates from Female Network
Subscribe to our Newsletter!
Trending on Network

Latest Stories

These Stylish Earphones Are All You Need to Stay Connected Both Online and Offline

It comes with an "Adaptive Sound Control" that lets you seamlessly move through your surroundings.

Megan Young and Mikael Daez Reveal Why They Aren’t Pressuring Themselves Into Having Kids

“We're kind of okay just coasting along living our life, and seeing what life throws at us."

Julia Barretto Does Not Owe Her Dad Anything, Contrary to What Dennis Padilla Seems to Believe

A good father would never call out his children for providing financial support because it's the bare minimum of being a parent.
Load More Stories