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Franchise in the food industry is very very hard work, but can turn out more profitable than most people would dare to think. We all know McDonald, which is probably the most used franchise system in the world.
Franchising is expensive though, for McDonald: Franchise Fee: $45,000 Royalty Fee: 12.5% Required Capital: $75,000 Total Investment: $506,000 - $1,600,000 For great food franchise information check out this site: Fast Food Franchise, Restaurant Franchise, & Pizza Franchise Opportunities |
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Yes, Ive heard about that Return Of Investment is around one year. Not bad at all.
I guess, if I have that alot of money, I would just franchise a fastfood, or any popular entity, say Starbucks, instead of conceptualizing and putting up my own business. Besides, I wouldnt have to worry about marketing as well. There are sure markets for these companies already. |
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Franchising is one of the best and easiest way to start a business. The high-growth franchising areas in the Philippines are: business services, security services, printing and electronic publishing, food and beverage, car services and accessories, health services, cosmetic and toiletries, maintenance and cleaning services, laundry services, hotels and motels, and retail.
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