Franchising is only for Rich people
We went to World Trade Center last Sunday to attend the Philippine Franchise show. We registered on-line so we can avail of the free entrance, we brought our son and we also invited my in-laws. We were very excited with this event since we really want to see what are the companies that are offering franchises, and if we can afford to have one. When we entered, there were representatives from different companies that are giving away leaflets and introducing their products and services. Some are affordable, but most of them are so expensive. I believe that franchising is the best way to start your own business because the return of investment is quicker by 90% compared to new players. The only problem is the amount of investment that you need to come up. The Bayad Center is one of the companies we were wishing to have since you will just wait for the clients to come to your desk and pay for their bills. No goods to sell which means less work, no physical inventory, lesser manpower, etc. The problem was you need to produce more than a million pesos to have one. My sister in law even said that “franchising is only for rich people”. How I wish, we’re one of those few people.
what ever happens in life we should always remember to live life to the fullest