Tuesday, October 21, 2008

Franchising

Had I stayed and remained in our place in Philippines, I could have been an owner/manager of a fastfood franchise by now. Familar of Jollibee foods? If you're a Filipino or has been to Philippines, I bet you do! Yes, it was my older sister's initial plan to get us a franchise of that food chain. I inititiated the processing and I have learned that a whooping 18 million pesos [around $400 thousand] was enough to invest in a single franchise. That's been six years ago and by now, I would be sure that the rate has maybe double, or really increased. Yeah, it was supposed to be my desire to engage in business and we should have had made a good decision for it, BUT, I chose to got married and came here, and my sister won't trust anybody else to run a certain business so we were just until the planning and initiating days. I didn't regret it though, because looking back, I think I have made the best decision. There are still days ahead, and we do still have some business plans in the coming years. Meanwhile, I love browsing franchisegator.com for some very relevant information about franchising.

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