Franchise Philippines

Philippine Franchise Solutions

The investment costs of a professional franchise business vary considerably. Once you have taken your personal inventory, the second step in the franchise business selection process is to KNOW YOUR FINANCIAL COMMITMENTS. Low cost investment franchises typically can be paid for through ones personal assets. On the other hand, high cost investment franchises may require an individual to seek additional financing.

Many banks lend money to entrepreneurs starting a new business. Many banks even have business start up kits, which includes information about starting a business, financial forms, and personal financial evaluation reports. All of this information will be required by the lending institute. Banks are getting smarter, and becoming more cautious then in the past, plan on having your financial information readily available for the bank to review. Banks need to be convinced that the loan is going to be paid back. Be prepared!

Another part of the loan process is having a business plan. Most franchise companies will supply you with this information; if not, the company may not be worth your time. Business plans usually include market research of other like franchises, operating expenses, and profits/loss statements. If you’re planning on investing in a high investment franchise business, make sure they will go to bat for you when seeking out financial institutes.

If you would rather purchase a low cost investment franchise and work from home, there are plenty of alternatives to the traditional high-priced franchise business. You could purchase a low cost investment franchise and be just as profitable as any high cost investment franchise. Some low cost investment franchises include, home based businesses, ATM kiosks, vending machines, video rentals, etc. Even though these businesses are considered home based, most are not run totally from home. The majority of your time may be spent on the road, filling machines and/or collecting your money.

Your financial situation may dictate the type of franchise business you will finally invest in, but if you want to work from home find a low cost franchise business that will deliver what it offers. If you would rather have a traditional franchise business, be aware that your return on investment may take longer than expected. With the right low cost investment franchise business, your ROI may be shorter than expected.

You heard that right! Another great franchise purchased by the Philippines‘ one of the most popular tv network. GMA-7 announced that the worldwide reality tv show is now in their line of tv prime time treasures.

Survivor is now in the Philippines.

Rumors have been going on that the popular reality game show will finally have a franchise in the Philippines. It was also rumored that the US version is shooting its next season in an island in Camarines Sur.

Although it is not yet confirmed if the next season of Survivor (US version) is really shooting in CamSur, it has been announced that Survivor will have its own franchise here in the Philippines.

And the Philippine network that got the franchise rights is GMA-7.

In fact, GMA Network has already announced audition dates to search the first batch of 16 castaways in Survivor Philippines.

The audition is open to males and females, 18 to 60 years old. They must be physically fit and willing to become castaways and endure intense physical and mental challenges in an unfamiliar territory for 39 days.

The audition dates are as follows:

DAVAO (SM Davao) - May 1 and 2
CEBU (SM Cebu) - May 5 and 6
ILOILO (SM Iloilo) - May 8 and 9
BAGUIO (SM Baguio) - May 17 and 18
MANILA (SM North Edsa) - May 21 and 22
MANILA (SM Manila) - May 23

It has not yet been announced who will host Survivor Philippines, but many are hoping that Paolo Bediones would get the job since he already have an experience hosting this kind of format in Extra Challenge, also in GMA-7.

Survivor was created in 1992 by Charlie Parsons, and the first production to use this format was the Swedish show Expedition: Robinson in 1997.

Soon after, in 2000, other countries developed their own series based on this format: Belgium, Brazil, the Netherlands, and, of course, the United States. Aside from these countries, Survivor has also been franchised in Australia, Bulgaria, Colombia, Czech Republic, France, Finland, Germany, Hungary, Israel, Italy, Japan, Pakistan, Poland, Portugal, Russia, South Africa, Spain, United Kingdom, and Venezuela.

And now, add to that list the Philippines, which has so many breathtaking islands ideal for Survivor locations.