Franchising can be an excellent opportunity for entrepreneurs to start their own businesses while benefiting from the support and experience of an established brand. However, choosing the right franchisor is crucial for the success of your venture. With so many options available, it can be challenging to determine which franchisor is the right fit for you. In this episode, we'll explore some key factors to consider when choosing a good franchisor, including their track record, training and support, fees and costs, and the overall fit with your personal and professional goals. By considering these factors carefully, you can make an informed decision and select a franchisor that sets you up for success. Who is Mommy Negosyo? Myrna “Mommy Negosyo” Tam-Natividad is the first-ever Female Entrepreneur of the Year Awardee of the Department of Trade and Industry in Zamboanga City for 2017 and the prime developer of Grow Your Business, Pinoy! Roadmap® (GYBP! Roadmap®). She was also chosen as one of the 100 Most Influential Filipinas in 2018 by the Global Association of Women called Filipina Women's Network based in the US. Highlights of this episode: What are the qualities of a good franchisor? Red Flags of a Franchisor When should you invest in a franchise? START RIGHT: Avoid Mistakes in Starting Your Business with The Business Basics! For your investment in time and money, you'll get to : Save Lots of Money - You'll learn a lot, but I guarantee that you'll learn AT LEAST ONE thing that will allow you to save, maybe hundreds of thousands, or maybe even millions of Pesos by not having to do it with so much trial and error. Save Lots of Time - You'll save at least the 20 years I had to go through, committing one mistake after another, before I could learn all these lessons, so that you won't have to go through them through trial and error again. Gain Confidence - You gain confidence about the next steps you need to take towards your business career. You'll be able to tell for sure, if you are cut out to be a business owner or not. Enroll here: ⁠⁠https://businesspinoy.systeme.io/enroll-bbb ⁠⁠ Connect with Mommy Negosyo: ⁠⁠⁠⁠⁠⁠⁠⁠Website⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Purpose Driven Business Builder Facebook Group⁠⁠⁠⁠⁠⁠⁠⁠ Grow Your Business Pinoy⁠⁠⁠⁠⁠⁠⁠⁠ Facebook Group⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠ #MommyNegosyo #businesstips #PinoyBusinessMentor #businesshacks #StartABusiness #NegosyongPinoy

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related