Food Cart Businesses In The Philippines

Small businesses such as food cart businesses had become a very popular type of business in the Philippines. Part of the reason why is because of its affordability compared to other businesses, as well as its lower maintenance. This is the reason why the franchise industry of the Philippines had grown massively and has now given the Philippines the recognition as the franchise hub of Asia.
Food Cart Businesses in the Philippines
There have been a number of popular food carts found in almost every part of the Philippines. Popular foods sold in these small businesses usually involve those that are quick and easy to prepare such as siomais (dumplings), kwek-kwek (boiled fertilized duck egg wrapped in orange-colored breading), tokneneng (boiled quail eggs wrapped in orange-colored breading), fish balls, squid balls, and other popular street foods, such as burgers, friend noodles, shawarmas, and many more.
Because of the Filipinos love for food, small businesses such as food stall businesses became a successful hit for many Filipino entrepreneurs. And it was also because of this that the franchise industry had started to offer franchises for their food cart businesses, allowing more Filipinos the chance to start their own food cart businesses.
Benefits of Franchise Businesses
The advantage of franchise businesses compared to starting a business from the ground-up is that franchisees had the advantage of starting up quickly based on a proven trademark, and the tooling and infrastructure as opposed to developing them. The success of the franchisor is also the success of its franchisees.
As for the franchisors, the advantage of franchising is that it allows them to expand their business or brand through building chain stores while avoiding any investment and liability over a chain.