Franchising business is one of the fast-growing business in the Philippines today. Almost everything is franchised from food to services. According to survey there are top 8 franchising businesses in the Philippines and they are namely the following:
- Food Cart / Kiosk
- Fast Foods & Restaurants
- Service Type Businesses
- Personal Care
- Bars & Café
- Bakery & Food Store
- Education & Training
- Water Refilling Station
From our top 2 to 8 survey results, the required investment are worth millions and not everyone can afford that huge amount of capital. That is why this made the Food Cart and Kiosk to the top 1 place in the survey results.
Why Food Cart Franchising?
Nowadays 1 million worth of investment is considered still a small business. The beauty with food cart franchising is that it is a micro business, meaning, the amount of capital is less than a million. It has a low overhead cost and low risk. Most of the food carts are easy to relocate from one location to another and it only requires 1 or 2 employees. Since it is a food business, it has a very good potential income because food is a necessity.
The good thing also with franchising business is that it has a working system, from manpower, the production of goods, facilities needed to business operation; the system is proven and effective to ensure efficiency of the business. In relation with this system, franchising business also has a good branding.
Food Cart Franchising 