3 Questions to Ask Yourself Before Getting a Franchise
Going into business by getting a franchise can be challenging. The ever-growing competition of concepts and brands makes it difficult for aspiring franchisees to select the best franchise for them. In fact, there are 2,000 franchise brands here in the Philippines, both foreign and homegrown. Then there is the matter of resource allocation and location viability, which are equally important if the long-term success of a franchised business is what’s sought after.
But even with these challenges, many entrepreneurs have done it in the franchising business. With careful scrutiny of the playing field, many franchisees have successfully started their business, with some owning multiple franchises or even starting their own franchise brand later on.
If you are interested in going into b