Franchising is one of the most popular businesses that you can do today since most of them have already built their own names in their industry. Thus, you just need to manage an already established business.
If you are planning to invest on franchising a business, you should do your research on how consumers look at their business. If you think it is all good, then you can have a go. Consumers tend to ignore business that they don’t know or are not familiar with.
Let this list guide you some of the best businesses that you can franchise here in the Philippines.
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ToggleBest Franchise Businesses You Can Start in the Philippines
1. Food Cart Franchise
Food cart franchise business is the most common franchising business here in the Philippines. You will mostly notice them in every busy streets and mall.
There are different kinds of food carts, which are mostly franchised. Food cart franchise is a very good investment considering that you only need a small capital for it.
We are all aware that food is one of the necessities of any human. This is also the reason why most food carts franchises earn profit, aside from being very accessible to people.
2. Fast Food Restaurant Franchise
Fast food restaurants are very convenient to busy people. Many people who only have a short break or time from work rely for fast food restaurants to have their meals.
Filipinos love food by nature and fast food restaurant is one of the best franchise options which will surely give you profit. However, investing on the most popular fast food restaurant would be the best. A well-known fast food restaurant will not come cheap but the likelihood of success is very high.
3. Service-Type Franchise
This type of franchise business is very popular and very profitable. You might not be aware, but many businesses are of this type. These are businesses that offer services to people. The most popular ones are call centers, car wash, printing, and many other businesses that offer service. But not all service-type businesses are open for franchising.
Choose the best service-type franchise business that you think will fit in your area. Always research what will be the most effective business in your place to gain a higher chance of profit. The most common places for this are located at busy roads or at the center of the town. Though it is not cheap to franchise businesses of this type, you will have a good chance to be more successful compared with other businesses.
Related: 6 Valuable Tips on Setting Up Successful Home-Based Call Centers
4. Personal Care Franchise
This type of franchise business can apply to any product or service that is aligned with personal care. Usually, franchise business like this requires you to sell products. If you will research for the best product, then you might have higher chances of making it successful.
Popular products are usually easy to sell because many people and celebrities do the marketing for you. The good thing about this type of franchise is that the main company is doing the marketing for you while you only do the selling.
5. Bar and Café Franchise
Filipinos by nature are fond of socializing, this is why they are so friendly.
In Philippines, people love having fun with their friends, and a bar is always their destination. Although we know that you need higher capital here to start, franchising a reputable bar will let you have your return of investment in no time.
Café is also a popular place for people. Although the products don’t come cheap, consumers still love going to popular cafés because of the atmosphere.
6. Bakery and Food Store Franchise
Filipinos love to eat—a lot. Bakeries and food store are popular businesses that you can franchise that also deals with food.
Bakeries and Food stores have been here for more than decades, and until now, more and more are rising. This is enough proof that businesses like these are gaining profit from time to time. If you are going to franchise a business like this, be sure to research for the most known bakeries and food store around your place to have a higher chance of success.
7. Education and Training Franchise
We know how valuable knowledge can be. Education and training type of businesses are helpful for most students or someone who wants to know about a certain industry.
This is a type of business that never gets old, thus it is a good investment for anyone. However, it doesn’t usually come cheap.
8. Water Refilling Station Franchise
Water is very important to our daily life, thus it can also be a good franchising business for you. Not all water is clean, and people can’t possibly live with dirty water. With our technology today, there are already machines that can clean water.
If anything happens to your customer because of the water you are selling, then you and your business will be in a big trouble so make sure that you do your research before franchising one.
Recommended Read: 34 Best Business Franchise Opportunities in the Philippines for 2016
Roel Manarang is a seasoned entrepreneur who helps businesses succeed through design and digital marketing. With over 10 years of experience, he has assisted 170+ global companies. Roel is the founder of Workroom, a digital marketing company, and Tycoon Philippines, an acclaimed business and finance blog. Find him on LinkedIn.