Filipino pride: Local franchises go global

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Filipino brands continue to create waves in the international franchise arena, proving that the local franchise industry is fast becoming one of the country’s biggest dollar earners.

 

“With at least $11 billion in earnings, Philippine franchising is no less a major export player. Some of our members have successfully established their brands overseas, paving the way for more players to try and conquer new markets,” says  Armando Bartolome, president of the Association of Filipino Franchisers Inc. (AFFI).

 

Throughout the years AFFI, the country’s leading franchise group, has helped franchise brands expand to Asia, the United States, as well as in less familiar territories overseas.

 

AFFI is showcasing these local franchise brands that have gone global in a three-day event dubbed “Galing ng Pinoy, the 12th  Filipino Franchise Show” slated on  Oct. 4-6   at the World Trade Center, Pasay City.

 

Going global

 

With at least 25 outlets scattered around America, 28 in Jakarta, Indonesia,  and one in Panama, Potato Corner is certainly one of the most inspiring franchise success stories. Operating for 20 years now, the company through its CEO Jose Magsaysay Jr., recently announced that they are considering listing at the Philippine Stock Exchange (PSE).

 

Crystal Clear Water dubbed “the business that never runs dry” has invaded Indonesia, Malaysia and South Africa. Locally, the company has at least 500 branches nationwide.

 

Fiorgelato, a famous ice cream franchise, is now in Japan and the US, while Sweet Corner’s (corn) cart business now operates in Australia and is soon to open in the Middle East.

 

Food franchisors are not the only success stories abroad. Lay Bare Waxing has three branches in the US; Eat Bulaga, the country’s most popular afternoon program has been franchised in Indonesia.

 

“Operating a franchise overseas comes with a unique set of challenges. These include not only different laws, languages, and cultural differences in how business is conducted but also finding a franchisee to partner with,” says Bartolome.

 

The franchisor’s local partner should help translate the concept and the brand into a commodity that is both acceptable and profitable thus one has to make adjustments, he adds.

 

Despite risks, however, the venture is definitely most rewarding. “With an international franchise,  you are bringing a Pinoy brand into the international spotlight.   You become a source of pride for the country. What can be more inspiring?” the AFFI chief says.

 

Galing ng Pinoy: The 12th Filipino Franchise Show is sponsored by BPI Family Savings Bank, Seaoil, Meralco, PLDT, Magnolia Healthy Beverages  and the Generics Pharmacy, with media partners Entrepreneur Magazine, Buy and Sell Ads, Philippine Daily Inquirer, Business Mirror, BusinessWorld and Radyo Negosyo.   For more information on the 12th Filipino Franchise Show, contact Petco at 8325422; 832540, 5562723 or  secretariat@petcogroup.com; or AFFI at  6540345; 8619897.

 

 

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  • mamamiamia

    Hope so mga hija, if you can get those moneyed Pinoys and other
    conservative investors whose mucha mullah are managed by fund managers
    to invest directly in your business. That will be great! If not, hangang hope and news article lang iyon, how sad mga hija!(Facts of life and being segurista Ok! Love you all!)

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