Franchising robust despite global crisis

There’s no better way to start a business now than through franchising, according to officials of the Association of Filipino Franchisers Inc. (AFFI). “During economic crisis, franchising is something tangible [that] people can control amid uncertain times,” Richard Sanz, the association’s public relations officer and Bibingkinitan owner, told reporters at a briefing on Tuesday. Rommel Juan, association president and Binalot owner, said franchising was the “most practical and least risky route for entrepreneurs to go into business,” as franchises are “trusted businesses with proven concepts and operating models.” “Those who do not have any…

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Franchising robust despite global crisis