Jollibee is one of the biggest example of this Filipino franchising success story that beat up almost all its international food chain competitors.  Although getting a franchise of Jollibee costs a lot of money nowadays there are hundreds of other affordable franchise opportunities we could try on.

The advantages of doing Franchise business is that you will never feel alone.  Embarking on a business has always been difficult, but with Franchising, the package always includes the marketing package support, management training and the best of it all, you will be selling something who’s name is already known to many.  However, franchising does not always guarantee success and it sometimes requires a lot of money depending on the franchise you are planning to open.

Starting a franchising business in the Philippines requires still a thorough study.  Learn more about the franchise business that you want to invest.  Be sure to know and understand very well the inclusion of the franchise package deal to avoid getting frustrated in the long run.  And the most important be ready to invest yourself to the success of this endeavor.

Franchising Opportunities

Franchsising opportunities in the Philippines has grown drastically.  It opened wider choice from food industry, schools, internet business, clothing lines among others.  Choose the most credible franchise company that shows passion in the product they are selling.

The Department of Trade and Industry are regularly organizing seminars to help interested entrepreneurs to widen their horizon.

Useful Directory:

franchisephilippines.org/listings/

A directory of franchise opportunities in Philippines updated regularly.

phfranchise.com/

Shows listing of franchise opportunities also updated regularly.

jollibee.com.ph/index.php?/investors/contents/11/6

Informations for franchising Jollibee

1. Sole Proprietorship – is a business structure owned by an individual who has full control/authority of its own and owns all the assets, personally owes and answers all liabilities or suffers all losses but enjoys all the profits to the exclusion of others. A sole proprietorship must apply for a business name and be registered with the Department of Trade and Industry- National Capital Region (DTI-NCR). In the provinces, application may be filed with the extension offices of the DTI.
2. Partnership- Under the Civil Code of the Philippines, a partnership is treated as juridical person, having a separate legal personality from that of its members. Partnerships may either be general partnerships, where the partners have unlimited liability for the debts and obligation of the partnership, or limited partnerships, where one or more general partners have unlimited liability and the limited partners have liability only up to the amount of their capital contributions. It consists of two (2) or more partners. A partnership with more than three thousand pesos (P3,000.00) capital must register with Securities and Exchange Commission (SEC).
3. Corporation- are juridical persons established under the Corporation Code and regulated by the Securities and Exchange Commission with a personality separate and distinct from that of its stockholders. The liability of the shareholders of a corporation is limited to the amount of their share capital. It consists of at least five (5) to fifteen (15) incorporators each of whom must hold at least one share and must be registered with the Securities and Exchange Commission (SEC). Minimum paid up capital: five thousand pesos (P5,000.00). A corporation can either be stock or non-stock company regardless of nationality. Such company, if 60% Filipino-40% foreign-owned, is considered a Filipino corporation; If more than 40% foreign-owned, it is considered a domestic foreign- owned corporation.

1. Branch Office – is a foreign corporation organized and existing under foreign laws that carries out business activities of the head office and derives income from the host country. It is required to put up a minimum paid up capital of US$200,000.00, which can be reduced to US$100,000.00 if (a) activity involves advanced technology, or (b) company employs at least 50 direct employees. Registration with the SEC is mandatory.
2. Representative Office - is a foreign corporation organized and existing under foreign laws. It does not derive income from the host country and is fully subsidized by its head office. It deals directly with clients of the parent company as it undertakes such activities as information dissemination, acts as a communication center and promotes company products, as well as quality control of products for export. It is required to have an initial minimum inward remittance in the amount of US$30,000.00 to cover its operating expenses and must be registered with SEC. Under RA 8756, any multinational company may establish an RHQ or ROHQ as long as they are existing under laws other than the Philippines, with branches, affiliates and subsidiaries in the Asia Pacific Region and other foreign markets.
3. Regional Headquarters (RHQs) – An RHQ undertakes activities that shall be limited to acting as supervisory, communication and coordinating center for its subsidiaries, affiliates and branches in the Asia-Pacific region. It acts as an administrative branch of a multinational company engaged in international trade. It does not derive income from sources within the Philippines and does not participate in any manner in the management of any subsidiary or branch office it might have in the Philippines. Required capital: US$50,000.00 annually to cover operating expenses.
4. Regional Operating Headquarters (ROHQs) – An ROHQ performs the following qualifying services to its affiliates, subsidiaries, and branches in the Philippines.

Starting up a business in the Philippines is easy depending on the type of the business entreprise that you would like to put up. Mostly Filipinos tend to begin with the single proprietorship as it is the easiest one to apply for. It requires fewer documents to be submitted.

The first step is to register the business name of your company, it would mean going to the Department of Trade and Industry in its  main office in Makati.  You will be required to write in a piece of a paper three chosen names for you company 1st priority, 2nd priority and third priority. It will be verified afterwards if the first chosen namen does not exist yet.  After this you may go on with the rest of the procedure.

The applicant should be at least eighteen years old. Sometimes they require a certificate from the Philippine National Police or from the National Bureau of Investigation in the area where you want to start your.

At the DTI get an application form, remember to bring two 2″ x 2″ identical color photos and sign them at the back. These photos should have been taken within one preceding year when you register a business in the Philippines.

Another document necessary register a business with a single owner is to present proof of citizenship. If your surname or family name sounds foreign you may inspect your passport (bring it along, it might come in handy). If you register a business where you’ll be a practicing professional (medical doctor, accountant, lawyer etc.) you will be required to present a photocopy of your license from the Philippine Regulatory Commission.

If you want to register a business as a corporation we need to get a certificate of registration from the SEC (Securities and Exchange Commission). A minimum of five people is required to register a business as a corporation, the maximum would be fifteen (majority of these should be residents of the Philippines).

Bring the following to register a business at the SEC:

Your cover sheet
A name verification slip
Registration Data Sheet
Bank Certificate of Deposit for your Paid-up capital
Articles of Incorporation
Undertaking to Change Name
A Treasurer’s Affidavit
Your Corporate By-Laws
Endorsements/clearances from other government agencies
Proof of remittance by foreign corporate subscribers and for a corporation with Foreign Equity
Application Form F-100, for corporations with more than 40% foreign equity

If you want to register a business in the Philippines as a partnership you would also have to go to the SEC. There should at least be two applicants. Majority of the partners should be residents of the Philippines. A partnership in Philippine law is where business partners “contribute money, property, or industry to a common fund with the intention of dividing the profits” among themselves.

Here’s a list of items you should bring to the SEC.

A Cover sheet
A Name verification slip
Your Articles of Partnership
A Registration Data Sheet
Endorsements/clearances from other government agencies
Application Form F-105 (For partnerships with Foreign Partners)
Bank Certificate on the capital contribution of the partners
Proof of Remittance of foreign partners

These are the items you need to bring with you when you register a business in the Philippines. Remember to bring every single item along so you don’t waste time going back and forth.