New Trends In New Business Opportunities!
Last month saw a Franchise Expo at Ayala Mall, hosted by Franchise Agents RK Franchise Consultancy. Rudolf Kotik, the founder of RK wasn’t there, but his Visayan representative Buddy Villasis was. Buddy is an intelligent, personable professional who was very open and forthcoming about the Consultancy and the franchise opportunities they managed and offered to potential franchisees here in Cebu. They have business opportunities going from a little more than US$1000 up to major investments in big name franchises.
I looked at the franchises on offer and noticed how there is a growing number of coffee shop opportunities. To me this proves there is a spreading trend to enjoy what is really a bloody expensive drink when you realise most cappuccino’s and latte’s start around P50 and go up from there! The Coffee Beanery, Indulgence Coffee, The Java Man, and a couple more are all on offer.
Food franchises do take up the majority of those offered but there were also educational and consultancy type franchises offered, as well as service oriented businesses such as massage studios. Wraps!, Rai-Rai-Kan, Kookels’, Ice Castles and others handled the food section. PC Quick Buys were there for computers, House of Praise for religious CDs and lots of other brands on show.
My favourite food franchise that was on offer is Dunkin’ Donuts. Me and the Anonymous Bear both love the Bavarians! We could buy into a franchise in Mindanao somewhere, but sadly everything on Cebu is taken! With Dunkin’ Donuts you can’t just buy a cart or kiosk or open a store, you need to buy the are or regional master franchise and then run things in the region, including setting up your own bakery. Big Money!
Out of all the 20 or so booths on display and the 70 or more franchises RK manage my favourite was the Kuryente Electrical Shop franchise. This is a nice looking concept that really should be looked into further because you could own a shop from around US$10,000 that will do well because light bulbs blow! What I couldn’t believe is they don’t have either a web site or an email address! Now that could be an opening for an intrepid web designer to leap in and make some money. If you want to know more, I would suggest you contact Buddy and ask him about Kuryente, I really think it just might take off! Otherwise, call Daisy Rafal on 0927 916 0565 and ask why they haven’t got a web site in this day and age!
It didn’t take too long to check out the entire expo, but what I saw was promising. There are much larger trade shows I Manila, but it was good to see someone trying something here in Cebu. I would suggest anyone with the intention of getting into a small business, either for themselves, their Asawa or an inlaw, contact Buddy and tell him you heard it here first!