Archive for June, 2007
Jun
16
Be part of the Philippine business boom! Attend the biggest business and selling event of the year, the Fil-Negosyo Expo Expo 2007.
The event will run from June 22 to July 2007 at the Megatrade Hall 2, 5th level, Megamall. There will be free seminars on enterpreneurship, leadership, finance, customer service, marketing and various business opportunities.
Collocated within the event are the following:
- Transpo Negosyo
- Franchising, dealership and direct selling
- Health and fitness exhibit
- Home and novelties exhibit
- Business financing exhibit
- Ad and tecnobiz
- Food and beverage show
- Young entepreneur congress
Attendance to the Fil Negosyo is free.
Jun
7
Philippine Airline’s Internet Ticketing is now fully operational. Travellers can now check ticket prices without having to register unlike the older system.
PAL has been lagging behind Cebu Pacific in terms of online ticketing. Cebu Pacific online booking generates 20% of the companies revenue.
PAL by the way has two ongoing promos. You can buy 1 and get 2 domestic tickets or avail of fares for as low as Php 2,500 roundtrip. The catch is that taxes and surcharges cost more than the ticket price.
Jun
6
The biggest China machinery and electronics product expo is in town. Over 100 companies from Mainland China showcasing 8,000 products will be at the World Trade Center.
If you’re interested to become a distributor or agent s in the Philippines or if you are looking for suppliers, then this exhibit is for you.
This is your opportunity to network with well know companies in China. The exhibit opens on June 7 and will last until June 9. Entrance is free to trade visitors.
Jun
5
In my previous post, I discussed how to get a 7-11 franchise. This time around, lets take a look at its competitor, Ministop.
The investment required for a Ministop franchise ranges from Php 1.3M to Php 2.8M depending on the business package. The company chooses the location and the franchisee, called Business Partner, is tasked to operate the store.
The Ministop contract is rather long, 10 years, which I believe is advantageous to the investor. Return on investment is typically 3 to 4 years so you’ll only start earning on your fifth year.
One advantage of the Ministop franchise is that you get to choose among their existing store locations. Of course, the company reserves the right which branch they will award to you.
Just a word of advice, I have seen several Ministop convenience store close after one year. Getting a franchise is not a guarantee of succeess.
Published in:
Franchising