Here’s an invitation to attend the 7th Filipino Franchise Show.

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Do you want to go into business?  Whether you want to start a business from scratch or through franchising here’s your chance to examine over 130 small to medium size homegrown franchising and business opportunities at the 7th Filipino Franchise Show on September 19-21, 2008 at the World Trade Center in Pasay City.

Presented by the ASSOCIATION OF FILIPINO FRANCHISER, INC, AFFI gathers the biggest and best Filipino Franchise Companies in the Food, Non-Food, and Service Industries.  Successful franchisers along with new and promising brands from the food, retail and service industries shall take center stage.  You will be able to meet with them face to face and learn from their own experiences.  Products, services, systems and technologies from the 80-strong AFFI membership will also be on display for the benefit of the public particularly those on the lookout for business opportunities.

This year’s theme - FRANCHISING EXPO & BUSINESS OPPORTUNITIES FOR SMEs - has been especially chosen to align this event with AFFI’S “KABUHAYANG PINOY MUNA” Advocacy. The three day exhibition is expected to be one of the biggest this year.

Franchising is a win-win situation for a budding, small entrepreneur. The franchisee is assured of a higher success rate compared to starting a business venture on his own. He is given a known brand, a tested business model, systems that are already proven effective and the logistical and marketing support from the franchiser critical in its survival. The franchisee puts in less initial capitalization and yet he avails of much-needed logistical, advertising, marketing and promotional support from the franchiser.  According to the actual statistics of AFFI, franchisees of AFFI-member companies enjoy a 98.6% SUCCESS rate, while that of start-up businesses experience an 85% FAILURE rate.

For just Php 10,000, you can now get high interst yield through LBC’s Royal Earner.

Interest is tax free is you choose the 5 year term.

For inquiries, you may call 1-800-1-888-86-86 (toll free). For Metro Manila, you may call 899-86-86 

My monthly gasoline expenses have reached Php 6,000 and I am feeling the pain. It’s up from Php 4,000 less than a year ago.

The price of oil in the worl market is now predicted to even hit $200 per barrel. At that rate, we can expect gasoline prices to reach Php 100 in a year.

God help us!

If you have heard of UITF or mutual funds, then make sure you understand that past performance is not indicative of future results.

Last year when the stock market was riding on its wave of success, both Philamlife and Sun Life are bragging about the returns they provided to clients. Return are in double digits.

If you invested last year, then you’ll surely be disappointed just like me. Instead of earning high returns, these funds are earning huge losses. The best thing to do is to wait until the market recovers. And who knows when that would happen.

Again, another lesson learned the hard way.