Over 30 franchise brands take the center stage of “Franchising Negosyo para sa CDO” today at the Centrio Mall Activity Center, Cagayan de Oro City. Organized by the Philippine Franchise Association (PFA), the pioneer and the only internationally-recognized franchise association in the country, the Franchising Negosyo is part of the organization’s regional show which aims to promote franchising as an effective entrepreneurial tool.
“In franchising, you are not on your own managing the business. The franchisor and the franchisee work together to grow the business,” said PFA President and CEO of Fruit Magic Alan Escalona. “This model is used by several business owners as an expansion tool and by people who want to venture into entrepreneurship.”
“Franchising an existing business has 90% success rate as compared to starting your own business. Because startup entrepreneurs get to use and manage an already successful brand. It is also a proven tool for rapid business expansion. With franchising, you can open several branches within a year and this show will help people explore the different aspects of franchising,” PFA Vice Chairman and Francorp CEO Bing Sibal-Limjoco added.
PFA will showcase several brands in the food, retail and service sectors up for franchise in the expo this October 21 and 22, along with free franchise seminars. The expo opens at 10:00 am with the opening ceremonies at 1:30 pm.Joining the expo are Barako Frappe,Cabalen, Golden Cowrie, Goto King, Kambal Pandesal, Manang’s Chicken, Minute Burger, and the Max’s Group which includes Max’s Restaurant, Yellow Cab, Pancake House among others for the food sector.
The retail exhibitors include 7-Eleven, Calata Corp., Crystal Clear, Farmacia ni Dok, Monterozza Ritz, Phoenix Petroleum, SEAOIL, The Generics Pharmacy, and White Aura.Meanwhile, the service sector exhibitors are 2Go, Bayad Center, Canadian Tourism and Hospitality Institute, CMA Mental Arithmetic, Francorp, Megasign, MLhuillier, Mont Albo, Mr. Quickie, U-Franchise Sales & Management, and Xcess Salon.
Coinciding with the expo are “How to Invest in the Right Franchise” seminars. The first day seminars, scheduled at 2:30 to 3:30 pm and 4:00 to 5:00pm, and the 1:30 to 2:30 pm session on the second day are reserved for the clients of Overseas Workers Welfare Administration, meanwhile the second session on Day 2, scheduled from 3:30 to 4:30pm is open to the public.
PFA and the Department of Trade and Industry Misamis Oriental will also conduct “Franchising Forum” today at the Mallberry Business Suites Hotel. The forum will also tackle “How to Invest in the Right Franchise” for aspiring entrepreneurs, and “How to Franchise Your Business” for existing business owners.
“Franchising Negosyo is open for all. We invite everyone, aspiring entrepreneurs and existing business owners alike, to attend our seminars and visit the expo. This event will let you explore the different dimensions and various franchise opportunities,” Escalona said.
Franchising Negosyo para sa CDO is organized in partnership with BPI Ka-Negosyo, PLDT SME Nation, Go Negosyo, Oro Chamber of Commerce and Industry Foundation, OWWA and Centrio Mall, with the suppprt from Calata Corp., Landbank, MLhuillier, Phoenix Petroleum, Seda Centrio, Business Week Mindanao and Mindanao Daily News. For more information, visit http://pfa.org.ph.