Friday, February 12, 2010

Top Franchise Business in the Philippines?

If you are planning to franchise business in the Philippines, it is good that you know the top 5 business when it comes in to franchising. So, here are the top 5 franchise business:


Food Cart Franchises

There are lot of food cart business available today. And because Filipino loves to eat, many businessman are investing for food business. Food cart business is more convenient to customers and with lower capital needed. You just need a perfect location for your food cart. Most of the food cart are place in the mall, school, park churches where most people are.

In food cart business, the minimum capital you need is, P20,000. A good start for those who want a small business. But be sure that you are franchising to a reliable company. It is better to have a legal transaction between you and the franchising company.


Fast Food or Restaurant Franchises

Aside from the food cart franchises, the restaurant and fast food business are on the list. One of the top best franchising business is the Jollibee, which everyone knows. Although it requires a long term before your investment return, still it has an assurance of becoming a successful business.

Unlike foof carts, food restaurant requires higher capital for a minimum of P150,000. If you want a Jollibee business, you need to have a minimum of 2Million or more before you start up a Jollibee.

Personal Care Franchises

People are now being conscious of their body. And that is a good opportunity for those love taking care of their body. These personal care franchises are spa, beauty salon, sauna etc. Most celebrities are investing for this kind of business because it is easy to promote and it helps them to maintain their beauty.

The personal care franchise requires a minimum of P200,000 investment for you to start a business. Your franchising company will help you to promote your business, and it is part of your transaction.


Bar and Cafe Franchises

One of the top franchise business in the Philippines is the bar and cafe business. Filipino loves to drink coffee and going to the bar, a great business to start up.

One of the top best cafe business is the Starbucks. Even though the coffee are expensive, still there are lot of people buying their coffee.This business requires a minimum investment of P250,000. Because of its popularity, your investment will return for almost a 100%.

These are just the most popular franchise business in the Philippines. You may choose either you want an expensive business or the small business. Whatever your franchise business is, I know this will be successful. Just manage your business properly and your investment will return in a short time.

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