Business
In photo: PTIC-Sydney
hosts a coffee talk on
franchising at the
Descano Café
T
Credits : dti.gov.ph
he Department of Trade and Industry (DTI) through
the Philippine Trade and Investment Center (PTIC) in
Sydney, Australia, partnered with Expand Franchising
and other organizations in organizing franchising
seminars and small group business consultations to
promote franchising in Australia.
The first franchising seminar was conducted on
February 19, 2019 in Campbeltown in partnership
with Narra Co-operative, Inc., a membership co-op
comprised of Filipino-Australians involved in com-
munity events.
On February 20, 2019, PTIC-Sydney hosted a coffee talk on franchising
and a series of small group business consultations with Expand Franchising.
A seminar on “Franchising Trends and Opportunities” was likewise hosted by the
Australia Philippines Business Council (APBC) on February 21, 2019.
Ms. Alma Argayoso, the Philippine Consul Commercial to Australia said
the franchising seminars and business consultations are initiatives under
the Trabaho, Negosyo, Kabuhyan (TNK) program that the DTI overseas
In photo: Mr. Rudolf Kotik of RK
Franchise Consultancy discusses with
a group of interested overseas
Filipinos and other guests the various
opportunities in franchising
DTI - Sydney
partners with
Expand
Franchising
and other
organizations
to promote
franchising in
Australia
because it’s an important tool for economic development that creates
thousands of enterprises and generates millions of jobs,” Argayoso added.
Mr. Ignacio Gimenez of Expand Franchising brought to Australia its
partner in the Philippines, RK Franchise Consultancy,Inc., represented by
its founder, Mr. Rudolf Kotik. Mr. Kotik has over 40 years in the franchising
business and developed over 800 brands in the Philippines and abroad.
Mr. Kotik presented franchising trends and opportunities and the ben-
efits, procedures and steps to becoming a franchisee or a franchisor for
those who would like to scale up and open their business for franchising.
“We believe owning a franchise is a good investment. It has less risk
than an independent start-up with an average ROI of two years and the
opportunity to grow the business more rapidly than an independent
business,” Kotik said.
“It’s the biggest and most successful business system in the world and
the Philippines is in the top ten with the most number of franchise units
globally. Among the latest trends are innovative food and beverage out-
lets, self-service laundromats, education and tutorial services, specialized
beauty services, and animal care services,” Kotik added.
While most of the interested parties were overseas or former Filipinos,
looking for a franchise to set-up in the Philippines or bring to Australia, a
number of foreigners also expressed interest in the co-ownership ar-
rangements where several investors can buy 80% share in the franchise
while 20% remains with the franchisor. The franchisor will run the busi-
ness and provide monthly financial reports and quarterly dividends. This
is a win-win arrangement where a franchisor uses OPM or Other People’s
Money to grow the business, while a franchisee invests in a business with-
out having to worry about the day-to-day operations.
www.dti.gov.ph
In photo: Mr. Rudolf Kotik presents
franchising trends and opportunities
to APBC members and guests
Credits : dti.gov.ph
office in Sydney supports.
The TNK is a project of the DTI in partnership with other government
agencies, private sector, academe and civil society organizations, to pro-
mote entrepreneurship and generate employment.
“We aim to help our Kababayans or their families back home invest in
viable economic activities in the Philippines by providing them with information
and resources to help them succeed as entrepreneurs”, Argayoso said.
“Franchising is one of the business opportunities that we promote
60
Credits : dti.gov.ph