alexa Control or Let Loose: The Franchising Business in Davao City

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Control or Let Loose: The Franchising Business in Davao City

Globally, franchising is the most popular and the fastest growing business economic model  and has proven to be one of the most important methods of doing business. Franchise business in the Philippines is bright and promising . They stated further that franchising is the answer to the current economic crisis, low employment status, and a decent source of livelihood. There are many low-payment franchises that usually come from kiosks and carts. These, however, do not guarantee success and are viewed to be risks that may stain the reputation of franchising in the Philippines. Satisfaction of franchisees must be seen as a factor towards growth and innovation.

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