Franchising platform sees signs of ‘revenge business’ among OFWs - BusinessWorld Online

📆 26/08/2022 20:00:00
📰 bworldph

⏱ Reading Time:
9 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SparkUp | There are signs of “revenge business” on Easy Franchise, an online franchising platform. “We’re seeing a resurgence of people getting franchises,” said cofounder Rene “RJ” A. Ledesma, Jr. READ

are investing and putting up franchises in their home provinces because many of them have contracts they know will expire in the future,” he told BusinessWorld in an Aug. 23 email. OFWs are reinvesting now so that their businesses will be operational by the time they get back home, he added.Easy Franchise is hosting a franchise sale on Aug. 28.

Prior to the pandemic, the franchising industry contributed 7.8% to the country’s gross domestic product, according to the Philippine Franchise Association. —

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CREATE-ing Business Opportunities? - BusinessWorld OnlineThe Angara Abello Concepcion Regala Cruz Law Offices or ACCRALAW recently concluded a seminar on the latest laws geared to promote foreign investments.
Source: bworldph - 🏆 9. / 68 Read more »

Business groups back removal of PPA’s commercial functions - BusinessWorld OnlineLOCAL BUSINESS GROUPS are supporting a proposed law that seeks to remove the Philippine Ports Authority’s (PPA) revenue-generating function, saying this “problematic mandate” has led to a steady rise in cargo-handling rates that affected the country’s competitiveness.
Source: bworldph - 🏆 9. / 68 Read more »