05-31-2018, 04:34 AM
It is a common idea here that getting a franchise from a popular eatery is much better than building your own brand. I agree with that because I myself avoid eating in fast food outlets that are not popular. However, the caveat is the very costly franchise that can reach a million pesos, that's around $20k. And based on the projection given by the mother company, you can break even after 2 years of operation, that is assuming that your outlet will be selling good. One family friend lost that amount when the franchise outlet they had closed shop even before reaching 1 year of existence. That's big money they had lost.