Franchising seen to boost economy

MANILA, Philippines - Philippine franchise guru Armando ‘Butz’ O. Bartolome has urged entrepreneurs who are looking for ways to widen their revenue stream to turn to franchising to tide them over the anemic economy.

Bartolome, however, advised businessmen to take extra caution in picking the right franchise concept they would acquire or adopt to avoid ending up as bitter losers.

“Some entrepreneurs will just probably do their research through the Internet and then copy a concept. But it is not that easy. You need to get all the necessary information before starting a franchise business,” Bartolome stressed.

To help acquaint businessmen on the nitty-gritty of franchising, Bartolome will kick off on May 31 at the Marco Polo Hotel in Davao City his 2012 franchising seminar series which has for its theme “The Realities of Franchising.”

If properly informed, Bartolome emphasized, prospective franchise owners have better chances of succeeding, even during crisis times.

For inquiries, call the secretariat at (082)2980420 (for Davao residents); 09393189037; 09162909293; 09162936413; or send email to [email protected].