Business

Cebu, Manila businesses offers investment opportunities at 23rd Cebu Franchise Expo

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IRENE SINO-CRUZ

With the countryโ€™s economy now facing economic recovery from the downturn experienced due to pandemic, local- and Manila-based businesses are offering investment opportunities at the ongoing 23rd Cebu Franchise Expo.

The 3-day expo, which is being held at the Robinsons Galleria from September 2 to September 4, is organized by the RK Franchise Consultancy Inc..

The expo showcases almost 40 products, including food and non-food, that are up for franchising, said Ms. Sheena Kotik, RK Franchise vice president for operations.

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Ms. Kotik said that businesses who would want to expand should consider franchising while those who would like to invest can also look at all the franchises available at the ongoing expo.

She added that franchising fee is as low as P150,000 and with initial investment of P600,000 can start operations already.

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Investors are urged to visit the ongoing 23rd Cebu Franchise Expo to check out the investment opportunities, adding that the return on investment for franchisees is good, said Ms. Kotik.

For those who are interested to learn about franchising, RK Franchising is also holding โ€œAll About Franchisingโ€ seminar on September 5, 2022 at the Molave Grand Ballroom, One Central Hotel corner Leon Kilat and Sanciangco Sts., Cebu City.

The seminar topics also include the benefits of franchising, advantages and demands of franchising. The fee ranges from P500 for students with ID to P1,000.

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Aside from Ms. Kotik, the other speakers are Shey Lumbes, RK Franchise Consultancy marketing manager, and Sokrie Malako, trademark specialist of Filipino International Franchise Association.

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The Cebu Franchise Expo, which first started 22 years ago by Rudolf Kotik, has helped in the expansion of many businesses, both Cebu-based and those from other areas in the Philippines.

RK Franchise Consultancy also holds similar expos in other key cities in Visayas and Mindanao.