POPULAR FRANCHISE BUSINESS PHILIPPINES: List of 7 Premium Businesses & Starting Capital
POPULAR FRANCHISE BUSINESS PHILIPPINES – Here is a list of seven(7) premium businesses in the Philippines and their initial capital.
Undeniably, a lot of people were able to uplift their status in life through a business. These people would usually invest in a business and then invest again their profits in another business.
That is one of the attitude that has contributed in the financial growth of many individuals. They are into business opportunities and are not afraid to take the risks.
In the Philippines, there are big business opportunities while there are also those that are low cost preferrably for those who are just starting in the field.
For those who already have a huge savings in the bank and a stable source of income, they can engage to huge opportunities.
Based on an article on Grit, there are at least seven(7) premium businesses in the Philippines. They undeniably require multi-million initial capital. Here is the list:
POPULAR FRANCHISE BUSINESS PHILIPPINES
Undeniably, among the most prominent fast food chains in the Philippines is Jollibee. Based on the article, this type of business requires at least Php 35 million initial capital.
Another popular and child-friendly fast food chain in the country is McDonald’s. Its franchise fee is at USD 22,500.00 and it requires an initial capital of Php 32-45 million.
When it comes to one-stop grocery stores, among the prominent is the 7-11. A lot of 7-11 branches are scattered now in the different cities and municipalities in the country.
Based on the article, the 7/11 franchise fee is at Php 600,000.00 and you need at least Php 3.5 million for the initial capital.