Manila Franchises Start With a Small or Sizeable Investment.
Manila Franchises - Your Best Option?
Someone said the best way to make a small fortune in the Philippines is to Start with a big one.
That may be true for the uninitiated but the opportunities for success with manila franchises have solid potential. The entrepreneurial spirit is flourishing in Manila and many people are willing to join or work with your business ventures.
Franchising is definitely one option to consider here in the city of Manila; indeed the Philippines is a thriving hotbed for entrepreneurs. In fact, the latest government statistics show that the majority of the workforce falls into the category of self-employed. As with any business start-up, it is best to check with a knowledgeable professional and get an understanding of all licenses and permits needed before taking the plunge. Not sure what niche is right for you? Find a comfy coffee shop, another possible franchise, and brainstorm a business plan into reality. Here are ten options to consider!
Here are some recent articles related to Franchising Opportunities there:
"Proof of this, Lim said, is the expected attendance of some 30,000 visitors and about 350 exhibitors in the 18th edition of the Philippine International Franchise Conference and Expo (Pifce) from July 14 to 18 at the SMX Convention Center."
That is a little over 2 months away; what steps will YOU take now to prepare?
Financing got you down?
Need Capital for your Franchise Startup?
Manilatop10 has a positive track record with micro-franchises and will soon be expanding its reach in cooperation with other like-minded Manilazens.
If you are interested in starting a franchise, simply scroll down and fill in the contact form below on this page!
(Water Refilling Station) While bottled water has grown exponentially around the Globe, it is more of a necessity here in Manila and a filling station is a sound investment. Yes, self-service or coin-operated stations and machines are popping up, but setting a multi-stage ionization or filtration system is sure to be in demand. There are many creative ideas to enhance this offering and one of the soundest is to combine with a Washing Business to save and combine costs. Mentorship is available for this business model from proven owners. If you're interested in being matched with a mentor for this option, feel free to contact manilatop10.
(Internet Café) Internet usage is beyond the reach for many within their homes so people subsequently frequent cafes for their gaming, social networking and research needs. While franchises like Netopia are found in the malls, community set-ups require less overhead costs and you can offer a variety of added services like copying, photos as well as providing foods.
Note: Items 2&3 come with Gamer Mode for your internet café, uplink-web.com lists the Top 10 antivirus software for 2010:
BitDefender Antivirus 2010
Kaspersky Anti-Virus 2010
Webroot AntiVirus with SpySweeper 2010
Norton AntiVirus 2010
ESET Nod32 Antivirus 4
AVG Anti-Virus 9
F-Secure Anti-Virus 2010
G DATA AntiVirus 2010
Avira AntiVir Premium
Trend Micro AntiVirus + AntiSpyware
By Karlo Mikhail Mongaya on 4/24/2010: "The Philippine Optical Media Board (OMB) recently proposed to require internet cafe operators to register the hard disks in their computers."
(Ink/Toner Refilling) It seems perfectly appropriate to offer a business that can save private or business consumers roughly 90% of their printing and supply costs. Training is readily accomplished and even with a lot of competition, one can expand rapidly with the right marketing strategies. A big plus is the small cost of entry.
(Food/Restaurant) If you’re looking for a way to plug into the Filipino penchant for eating, this is an area to consider. Fresh N’ Famous Foods, Inc., which I believe to fall under Jollibee Foods Corporation, will show up on your receipts from some of the most popular restaurants. One can also move into the local market with a lot less up-front capital.
(Micro Franchises) Kiosks and the like are not restricted to the malls but exist in a frequency I’ve not seen before. One can sell just about anything from a pushcart. Coconut drinks, Halo-Halo, Sipao to name just a few. Consider financing or sponsoring a few locations rather than working them directly in one location.
Interested in combining efforts with manilatop10 on ebay or ebay Philippines?
Whether you have a new business concept or are an established entrepreneur, there is potential on ebay.
I have had a verified ebay account since 2004 and see this as an underutilized area to earn money for You.
Meg Whitman was truly a pioneer in the auction space and this fits well with some franchise choices.
An interesting and Karmic ebay story that may be embellished:
(Education Offerings) There is a large percentage of students that can’t or don’t follow the path to a 4yr college degree. This demographic is a huge market for offering all types of educational needs to facilitate their career paths both within the Philippines and abroad. Study facilities are necessary since they provide a source of knowledge that assists those seeking to pass mandatory testing and certification criteria; that is one good area to focus.
You can grow your presence online in many educational ways with SBI. This is a preamble to how to begin: What is Sbi?.
Hey! You can't procrastinate on what you don't know about yet, so whether you're sure or not, give yourself the opportunity to know more & please visit my SBI Testimonial Page.
(Franchise Consultancy) This business service is under appreciated and can give the many people entering the franchising world a superior leg up on the competition. Matching people to suitable franchises leads to success for the entrepreneur and will most definitely improve your business understanding and exposure here in the Philippines so you can select what is best for you too. Definitely a win-win scenario.
Look here, if you want to check your Lotto Results online instead of looking in the paper, at the stalls or on t.v.
If you want to build a business and trigger YOUR entrepreneurial gift, send manilatop10 a note below :)
(Skin Film or Wraps) A good way to unleash your creative side for phones, laptops and more.
(Hair / Nail Salon) Can improve upon an existing location or join in with a reputable school to start a new location.
(Taxi / Van) Taxi and Van services offer a few options. One can sponsor a fleet of vehicles for a specific route or start small with a single vehicle for hire to support students, tourists or business deliveries.
For your manila franchises or business and especially if you are a new entrepreneur, it pays to pool resources with established affiliates. With money exchange the lifeblood of any business for profit, it makes good sense to understand this side of growing your franchise.
aceaffiliates.com reveal the Top Ten Commandments of Affiliate Marketing:
"There are no secrets to success. It is the result of preparation, hard work and learning from failures."
Former Chairman, Joint Chiefs of Staff, Colin Powell.
Are you a recent Filipino College Graduate? Will you graduate soon?
Mayor Lim recently encouraged the 632 graduates of "the Ladderized Program" of the City College of Manila to start their own business ventures.
"Lim told the graduates that they could apply for soft loans with the Manila Department of Social Welfare for their start-up capital, which ranges from P1,000 to P5,000 per borrower, depending on the business to be put up."
So, if you are on course to become a TESDA graduate, remember to apply for financial assistance and to consider partnering with someone who has already been successful!
I would find it extremely rewarding to provide some inspiration to anyone who reads this page, puts their heart and perspiration of effort forward in taking the necessary steps to realize their manila franchises dream and earns a display for YOUR franchise on the manila top tens page!
Are you going to borrow your start-up funds or locate a venture capital company?
Note: For micro-franchises, manilatop10 reviews business models and encourages/supports entrepreneurs.
With global considerations in mind and the proliferation of rural & community banks, it is good to know the solvency of banks in the Philippines.
pinoymoneytalk.com lists the Top 10 banks in the Philippines by assets/deposits:
Banco de Oro (BDO) : BDO
Metrobank : Metrobank
Bank of the Philippine Islands (BPI) : BPI
Landbank of the Philippines (LBP) : Landbank
Development Bank of the Philippines (DBP) : PNB
Philippine National Bank (PNB) : RCBC
Rizal Commercial Banking Corp. (RCBC) : Chinabank
Unionbank of the Philippines (UBP) : UnionBank
Chinabank : Allied Bank
Citibank : Citibank
Contact Manilatop10 below and let's grow together!
Express yourself and earn along the way here with mylot.
Here is a JOB FAIR SCHEDULE for April - June of 2010 from Phil-JobNet that I will review for updates.
Everyone gets their start somewhere and often, we can learn much from successful pioneers. Here is a link to learn from Twitter Co-founder,Jack Dorsey :Draw It Out, and Other Tips for Success from Twitter Co-founder Jack Dorsey, courtesy of Audrey Watters.
5-29-2010: FIELD SALES REPRESENTATIVE Openings in Metro Manila, Cebu & CDO.. If YOU are 23-30 and want to apply to Scholastic, a $2 Billion US company.
6/3/2010: Quote of the Day
Paula Nelson"Going into business for yourself, becoming an entrepreneur, is the modern-day equivalent of pioneering on the old frontier."
Whether your motivation is for business education, more money or you simply want to explore the many opportunities both offline and online, there is never a better day to start than today!
Here is an outside link for CareTaker Jobs, where both employers and employees can search for good matches world-wide!
This Yahoo News story by Amal Jayasinghe reveals the sometimes devastating consequences of pursuing work and dreams abroad.
Here is an excerpt: "Surgeons at Sri Lanka's southern Kamburupitiya hospital removed 19 out of a total of 24 nails -- some two-inches (five-centimetres) long -- and a needle that were in her arms, legs and forehead during a three-hour operation."
"The woman heated the nails and gave them to her husband who hammered them in," Ariyawathi said. "When I shouted in pain, their (seven) children would show me a knife and threaten to kill me."
Pep Talk Asia reports in advance on the 9th Filipino Franchise Show upcoming later this month from 16-19 September, 2010.
"Aptly themed Championing the Filipino MSME Franchise, the Franchise Show is a one-stop shop of homegrown franchising and business opportunities specifically catered to Small and Medium Enterprises, as well as to established companies wanting to grow their business through franchising."
"The franchise show will be occupying two exhibit halls this time to accommodate more successful franchisers, as well as new and promising brands belonging to the food, retail and service industries."
"A celebration is not complete without ElarZLechon! With the crispiest skin, and tender, juicy meat, our lechon is roasted to perfection with it’s own mechanized method to ensure even cooking. To ensure freshness, we only roast pigs upon your order. Paired with our own sauce, it is truly the best-tasting lechon!"
For tips and listings in the Philippines, visit the following site for your Franchise Guide & More.