Franchising: a great wealth-builder

More and more Filipinos are turning to entrepreneurship to grow their wealth. According to the Philippine Franchise Association (PFA), the franchise industry has shown an outstanding growth—from 50 franchises in the 1990s to over a thousand today.

This growth may be brought about by the number of advantages that franchising offers. Because of a franchise’s proven method, it poses less risk than starting a business from scratch. In fact, industry statistics show that franchises have a 90%+ success rate as compared to the 25%+ success rate of individual new start-up businesses during the first year. It also promises training and support from franchisors themselves, which is perfect for budding entrepreneurs. And since good franchises are usually well-known, it’s easier to attract the right consumers.

But while franchising may seem like an ideal investment, not a lot of Filipinos can afford it. Thankfully, financial institutions are ready to help.

Franchising made easy

To make it easy for every Filipino to get a franchise, BPI Family Savings Bank offers the first and only franchising loan in the market. With the BPI Family Ka-Negosyo Franchising Loan, it’s easy to start and maintain a successful business.

  • The BPI Family Ka-Negosyo Loan comes in Lite mode that lets franchisees pay only the interest for the first 6 months. Principal plus interest payments begin on the 7th month. This frees up the cashflow during the first critical months of a franchise, making it easy for entrepreneurs to handle startup costs.
  • Budding or seasoned entrepreneurs are spared from the birth pains of a new business. They will benefit from the expertise of successful brands. They are also promised ample advice and support from franchisors themselves.
  • With loan amounts starting at P500,000, entrepreneurs are equipped to duplicate the established business rules and high-income structure of a well-known franchise.
  • It has teamed up with the Association of Filipino Franchisers, Inc. and the Philippine Franchise Association to give Ka-Negosyo clients only the best deals for their investment.

Franchising made even easier

And now, BPI is making it even easier for Filipinos to own a franchise. BPI Family Ka-Negosyo Franchising is now accepting online applications. Interested entrepreneurs may go to to fill out the online form.

With the BPI Family Ka-Negosyo Franchising Loan, Filipinos now have a great new way to wealth.

* This is a sponsored post from our partner BPI Family Savings Bank. To advertise on our site, visit our Advertise page.

About the Author

PSEi support seen at 6,200 and 6,000 amid weaker Peso

In a not-so-surprising move, the U.S. Federal Reserve (Fed) yesterday raised interest rates by 75 basis points (bps) or 0.75% in a bid to tame rising inflation in the United States. This was the third consecutive 0.75% rate hike by the Fed, which brings the federal funds rate, the central bank’s benchmark interest rate, to ... Read more

Official SWIFT Code of BDO, BPI, Metrobank, Philippine banks

When sending cash remittances or wire transfer to a bank account in the Philippines (such as BDO, BPI, Metrobank, Landbank, DBP, etc.), you’ll surely need the SWIFT Code of the bank. Look no further because you can find all the SWIFT Codes you need in this list! Make sure you’re using the right bank code ... Read more

How to Waive your Credit Card Annual Fee (BDO, BPI, Metrobank, RCBC, Citibank, UnionBank)

Without a doubt, one of the most annoying fees that credit cardholders have to pay is the annual fee. Majority of cardholders are familiar with this fee and majority of us likely pay this grudgingly year after year after year. In the case of my credit card with BPI (Bank of the Philippine Islands), I’m ... Read more

Why Filipinos do not become business owners or entrepreneurs

For a majority of Filipinos, entrepreneurship does not seem to be a typical, expected path. This is not surprising, considering that in school, students are primarily taught to become employees after graduation. Students train for years to become staff workers, reporting to a supervisor, and just waiting to receive their wages or salaries every month. ... Read more

My experience investing in Mutual Funds in the Philippines

I started investing in mutual funds when I was 22 years old. As an Overseas Filipino Worker (OFW) then, I was fortunate to be able to save some money at that young age because of my work abroad. One time while I was on vacation in the Philippines, I saw a large billboard in EDSA ... Read more

Income Tax Tables in the Philippines (2022)

The Philippines’ new tax reform bill, known as TRAIN or Tax Reform for Acceleration and Inclusion, was signed into law on December 19, 2017 and its implementation began on January 1, 2018. What are the new income tax rates under the TRAIN law? How will TRAIN affect income taxes of individuals and corporations? How is the ... Read more

PSE Stocks Performance under each Philippine President (1987-2021)

Did you know that Philippine stocks were able to achieve an astounding growth of 800% in a span of 30 years? From 1987 until 2018, the Philippine Stock Exchange index (PSEi) rose from 1,000 points to a peak of 9,000 points — generating a return of 800% over 30 years. (The PSEi is an index ... Read more

SSL 2022: Salary Increases for Teachers, Nurses, Gov’t Employees

Good news to all government employees! There’s a new round of salary increases beginning January 1, 2022! Millions of employees of the Philippine government — including public school teachers, nurses and staff of government hospitals, and workers in local and national government agencies, etc. — will be getting an automatic salary adjustment this 2022 under ... Read more

PSE Trading Hours in 2022: What time open, when closed?

Before you take the plunge into stock trading and investing, make sure you understand what stocks are and how the Philippine Stock Exchange (PSE) operates. Unlike other investments that are relatively safe, stock trading is risky and loss of money is a possibility. So before you deep dive into the exciting world of stock trading, ... Read more

Price Floor and Price Ceiling of PSE Stocks

Trading bands in the PSE come in two forms: Price Ceiling, or the upper price limit, and Price Floor, or the lower price limit.

2 thoughts on “Franchising: a great wealth-builder”

  1. The success of franchising as a mode of doing business and expanding market coverage is now much documented. Consequently, we should be seeing explosion of this industry and the inclusion of more type of businesses on this medium.



Leave a Comment