Dec 28, 2010

VMobile Solid National Sales Convention January 22, 6:00 PM (Saturday) SMX Convention Center


You are all Invited to attend the VMobile Solid National Sales Convention January 22, 6:00 PM (Saturday) SMX Convention Center.

For more information please call and text:
Alex  0998-2403000 and 9941334 

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Dec 27, 2010

Lemon Square cup cake maker seeks larger market share

BusinessWorld  Posted at 12/27/2010 1:31 AM | Updated as of 12/27/2010 1:31 AM

MANILA, Philippines - The producer of Lemon Square cup cakes wants to increase its local market share by entering the “healthy snacks” category, an official said.

Big E Food Corp. is looking at gaining a foothold into the still developing market while strengthening its distribution lines.

“We intend to expand our share in the local market primarily in the snacks and move into other market categories,” Luisito V. Castro, operations director of Big E, said in an interview.

“Right now, we think we are still a strong number two,” Mr. Castro said, adding that the company wants to be the top maker of prepared cakes in the country.

Lemon Square cakes include cookies, snack cakes, chocolate snacks, breads and pastries, and special cakes and rolls. “We will move into a more healthy type of snack, which we will develop over time. We like to be there early as it is developing,” Mr. Castro said.

The company has already launched its Power Pops cereal bar. To date, Big E Foods is booking a little less than P1 billion in sales.

“Over the last eight years, double-digit growth has always been our target. Over the next five years, that will still be the target,” Mr. Castro said.

“In the provinces we are still in the early point in our distribution development,” he added.

The bulk of sales of Big E Foods, which has a plant in Bulacan, is accounted for by Metro Manila.

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Dec 22, 2010

The British billionaire opens up about what motivates him and how he lives his life.


Richard Branson is the founder of the Virgin Group and companies such as Virgin Atlantic, Virgin America, Virgin Mobile and Virgin Active. He is the author of "Business Stripped Bare: Adventures of a Global Entrepreneur."

People often ask me what drives me -- what motivates me to undertake new challenges. They also like to know how I got to where I am today and how I like to spend my time away from work. Here is a glimpse into my life and some tips for yours.

What motivates you?
The opportunity to learn new things, try new ventures and meet new people. I have been very fortunate to have led an interesting life. Part of that has been because of my willingness, and Virgin's willingness, to keep trying new ventures.

How important is money to you?
I pursue what I am passionate about, whether that will make money or not. Often I find that if you are really passionate and committed, you do better -- and have a better chance of making the venture pay the bills. Money has enabled me to start up and support a number of philanthropic causes through Virgin Unite. I hope we can play a part in leaving the world in better shape than we found it.

SOURCE:
http://www.entrepreneur.com/article/217403?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+entrepreneur%2Flatest+%28Entrepreneur+Latest+Updates%29



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TUCP Workers’ College Training Program

Posted December 20, 2010

TUCP WORKERS’ COLLEGE FREE TRAINING PROGRAM NOW ACCEPTING APPLICANTS FOR QUICK ENROLLMENT
ASSESSMENT STARTS ON DECEMBER 22, 2010
ALL CLASSES START ON DECEMBER 27, 2010

For inquiries, call (02) 924.7551; (02) 433.2208; (02) 922.0917
Mobile: 0917.855.1225/0908.584.0541

Courses offered:

Housekeeping NC II (100 slots)
Wellness Massage/Hilot NC II (100 slots)
Finishing Course for Call Center Agents NC II (200)

For qualifications, read here:
- 18 to 55 years old
- Completed at least High School
- Not working; no longer studying
- Willing to work
- Must undergo and pass the qualification assessment administered by TESDA

- For Finishing Course for Call Center Agents (FCCCA), must be computer literate

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Dec 15, 2010

Philam Life launches new product

 (The Philippine Star) Updated April 27, 2010 12:00 AM Comments (0)

MANILA, Philippines - Industry leader Philippine American Life and General Insurance Co. (Philam Life) has introduced Build and Protect, a savings-and-insurance all-in-one plan that helps turn dreams into reality.

Through affordable premiums and short payment schemes, policyholder can save for their dream house, dream vacation, or dream business easily. And since Build and Protect offers life insurance coverage, policyholders can save for their dreams knowing that they are protected.

Build and Protect offers the following benefits to help the policyholders’ dreams become reality: affordable premiums, early dividends or cash benefits, short paying period, early maturity at 15 years, special bonus at maturity, and financial security.

This product is ideal for breadwinners who want to build their savings and secure their family’s future – for as low as only P2,000 per month.

Payment terms are flexible as policyholders can choose from short payment periods of either five or 10 years, which can be paid in annual, semi-annual, quarterly or monthly payment terms.

Over a period of 15 years, Build and Protect provides a lump sum maturity benefit equal to 200 percent of the face amount, plus a maturity bonus of up to 20 percent of the face amount. Build and Protect also earns dividends immediately the year after the last premium payment – on the sixth year (for five-year pay period) or 11th year (for 10-year pay period).

Build and Protect also provides life insurance coverage equivalent to 200 percent of the face amount.

For more details on Build and Protect, www.philamlife.com, call 528-2000, go to the nearest Philam Life office or contact your Philam Life agent. 09393989400


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Nov 30, 2010

The Jollibee 700th Store Milestone Celebration


Jollibee Harrison Road, Baguio City
26 November 2010

President Benigno S. Aquino III exemplified Jollibee Foods Corporation (JFC) as a company that exhibits today’s modern concept of “Bayanihan”, being one of the top job-generating company in the country, during its 700th Store Milestone Celebration in Harrison Road, Baguio City.

In his message, the President thanked JFC for their unwavering support in his leadership and the development of their charity programs geared to alleviate the country’s problem on hunger and poverty. The President also urged the locality to venture in business creation as problems with Bureau of Internal Revenue (BIR) business registration had already been straightened. According to the President, the creation of local businesses in the country is the key to address the perennial problem on unemployment.

The President personally thanked JFC for their support being the “unofficial food provide” during his 2010 presidential campaign.

President Aquino together with JFC Chair and CEO Mr. Tony Tan Caktiong and JFC’s Board of Directors officially opened the Jollibee 700th Store Milestone Celebration with the ceremonial ribbon cutting, unveiling of commemorative marker and the slicing of Jollibee’s Giant Champ.

Source: http://rtvm.gov.ph/
            http://www.youtube.com/watch?v=kAAAlDDZujQ 
 

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Nov 28, 2010

Pinoy Pride and No. 1 fast food chain in the Philippines

Pinoy Pride and No. 1  fast food chain in the country, kicked off its 700th store celebration with Philippine President Noynoy Aquino in Baguio City. 
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Nov 16, 2010

Jollibee MaAga ang PASKO

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Jollibee: Foreign operations to grow by 25%

Fastfood giant Jollibee Foods Corp. expects its foreign operations to account for 25 percent of business in the next two-three years and 50 percent by 2017.

“We believe overseas business to continue to grow. We will be able to deliver the 25 percent growth even without new acquisitions," Jollibee chief finance officer Ysmael Baysa said in an interview Monday.

“But if we acquire more businesses, then we will further accelerate the growth of our overseas business," he added.

Jollibee is planning to put up another 100 stores overseas. As of end-September, Jollibee operates a total of 375 stores in the US, China, Vietnam, and Middle East.

The company’s aggressive expansion overseas will not affect its Philippine plans, Baysa pointed out.

“We look forward to a reasonable growth in the economy and we look forward to more stores opening next year in the Philippines. Our bigger store opening overseas will not lessen store openings in the Philippines," he said. — JE/VS, GMANews.T


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Should You Be Kind To Bad People?

One day, an American, a Russian, and a Filipino were talking.

The Russian said, “We were first in space!”


The American said, “We were first on the moon!”

The Filipino said, “So what? Haven’t you been reading the newspaper? Our economy is doing very well. Mark my words, the Philippines will be a First World country. And we will be the first one on the sun!”

The Russian and the American looked at each other and shook their heads. “You idiot, you can’t land on the sun!” the Russian said, “You’ll burn up!”

The Filipino said, “I’m not stupid, you know. We’ll go there at night!”
http://bosanchez.ph/should-you-be-kind-to-bad-people/

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Nov 10, 2010

How Vmobile Really works

  How Vmobile Really works


 Buy P3,988 LX Technopreneur Enterprise Pack – GOLD

Sa halagang P3,988.00 na puedeng dumaaan lang sa palad mo. Puede kang magnesgosyo at kumita ng higit sa ordinaryong kita sa Pilipinas sa pamamagitan ng makabagong teknolohiya at computerized system. Ginastusan ng milyon-milyon ng kompanya para sayo at isang negosyong kahit saan sa mundo ay puede kang mag-expand ng wala ng kailangang ilabas na puhunan.

Sa isang taon ng Vmobile ay may mga kumikita na ng P100,000 per month at mahigit pa. At kahit empleyado ka, self-employed, housewife, estudyante, o ordinaryong mamamayan kaya kang tulungan ng Vmobile company na umasenso.

Vmobile Technologies Inc. introduces the new “Fast Track Package” to all new applicants for Dealership. This was formed to cater all the Filipinos who are interested to be part of our Dealership program with limited resources. With The “ Fast Track Package” you can start your own Loading Business and enjoy the facility of VMOBILE technologies Inc for P3,988.00 only.


What’s inside the package?
 
(1) Loadxtreme bag
(2) Load na Dito! Tarpaulin
(3) Product Guides
(3) Smart Buddy Sim packs *You can sell or use it
(20) Price list with Product Codes
(20) Quick Guides * For you to know how to sell load and all other transaction
(20) TECHNOUSER ACTIVATION or ACCESS CARDS * Worth 250/each * No Load Wallet yet.
(20) My TURF Brochures
With 3 FREE Website Account
 


 Earn up to 900,000 per month thru Technopreneur Gets Technopreneur Program

Ways to Earn
1. Buy and Sell of Prepaid Loads – Earn up to 13% per load you sell.
 Enjoy up to 10 – 12% LIFETIME Discount on all eload LX Products

Assuming:

You sell 1,000 worth of Load per Day

1,000 x 30 days = P 30,000 get 12% = P3,600.00

2. Register Technouser

Retailer Activation Cards – Earn 250.00 per retailer subscription cards sold

Sample Computation = P250 cards x 20 = P5,000.00

3. Product Sales Override


Earn 1% of the total sales of your retailers

Assuming:
you have 20 retailers that each of them sells 1,000 per day
20 x 1000 = 20,000 x 30 days = 600,000 x 1% = P6,000.00 / month

4. Franchise Sale Incentive


Endorse the Franchise and earn P500.00 (every Fast Track sold)

Sample Illustration: Divide your sales force into 2 groups


























another example if you got 5 dealers :

A B

2 3 5 X 500 = P 2,500

Assuming:

You sold 30 Technopreneur Package…30 x 500 = P 15,000



5. Franchise Royalty Bonus

Train a dealer to and the company will give you an additional P 500 for every Dealership kit sold by your dealers on both teams A and B.

CLICK HERE FOR ILLUSTRATION:

6. Retailer Affiliate Program (RAP)

Your retailers can register other retailers:

Example :
Ikaw ay isang FAST TRACK P3,988 Technopreneur franchiser
Ikaw ay nakapag sign up ng 3 Technouser / Retailers
3 x 250 = P750

ang 3 retailers mo ay nag sign-up ng retailer affiliates nila:
your 3 retailers x 3 = 9
maari ka pang kumita ng P40 sa bawat retailer affiliate / subretailer ng Technouser / Retailer mo.
9 x 40 = P360
Example Scenario:
- You Became a FAST TRACK P3,988 Technopreneur Franchiser
- You only get 3 retailers and that’s it, you didn’t get any more retailers
- Your 3 retailers gets 3 sub retailers every month
- What will be your Income in 8 months?


MONTHLY GROUP SALES REWARD

The Franchise Retailer Override still applies here, since you are a franchiser / dealer, you will get 1% of the sales of ALL the retailers under the Retailer Affiliate Program. Earn 8 – 18% of 0.1% of the monthly total sales of your Sales Group.


Example:

All of your Retailers are selling P2,000 worth of load per month
WANT TO EARN MORE?


Tri-Pack is a 3 Fast Track Package worth P11,964.00

What’s inside the package:
(3) Loadxtreme Bag
(3) Products Guides
(6) Load na Dito Tarpaulin
(9) Smart Buddy Sim packs *You can sell or use it
(60) Price list with Product Codes
(60) Quick Guides *Shows sample commands.
(60) RAP Brochures
(80) RETAILER CARDS worth 250 each *No Loadwallet yet
With FREE LX Website Account

* P500.00 is the minimum loadwallet requirement



www.loadxtreme.ph     For Traditional Eloading Business

http://mylx.biz     For Dealership Earning Bonus

http://rap.mylx.biz    For Retailership Earning Bonus




TRIPACK Advantages with same effort you can EARN DOUBLE in MYLX Business

1. Activate (80) Subscription Cards worth P 250 each x 80 = P20,000.00

2. Earn directs sales incentive P500 each and 1 royalty P500 a total of worth P1,500.00

3. You can sell (9) Smart SIM Packs P40 each x 9 = P360.00
*You can buy up to 7 Fast Track Package or Account under your name if you want to have a multiple income with same effort


Start to build you dream today!

Contact me today!

ALEX V. RUTAGINES

TUCP and PGEA Compound
Corner
Masaya and Maharlika sts.  Diliman, Quezon City
Tele No. (632) 9941334, 
Smart
+639393989400, +639209287866


*Your Retailers can also join in (RAP) Retailer Affiliate Program and make unlimited retailers.


 
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Nov 4, 2010

Security of tenure

 The labor code provides that regular employees cannot be dismissed without cause and due process.

The stability of tenure of personnel is one of the 14 principles of management contributed by Henri Fayol. According to Fayol, employees work better when they are assured of job security and career progress. All their efforts and energies are directed toward work, rather than looking for another job and worrying about the future.

Insecure tenure and high rate of turnover adversely affect organizations. Related costs include the cost of hiring, training and decrease in productivity until the person who left is replaced and the replacement comes up to speed. Though the replacement can be a better employee, it is also possible that he is not.

Another cost that is difficult to quantify and is often overlooked is organizational memory. Let’s face it, not everything is documented. A lot of the knowledge and understanding of how the organization works resides in employees. This is especially true when the employees who leave have been in the organization for some time.

Thus, according to Fayol, employee turnover should be reduced and organizations should work toward securing long-term commitment.

Insecurity of tenure

In today’s job environment, is there still such a thing as security of tenure?

The collapse of major institutions makes us wonder whether there is such a thing as a stable organization. Who would have thought that institutions that have lasted for over a century, or even those that have previously been known as excellent companies, would one day cease to exist?

Mergers and acquisitions also contribute to the death of organizations, and to the insecurity of tenure as they usually result to redundancies, hence, job loss.

Organizations used to value loyalty among employees. However, when they realized how much loyalty was costing them, they were willing to let even loyal employees go.

Reengineering, restructuring and reorganization also imply job losses. While some of these strategies are necessary to ensure the survival of the organization, they are also often employed to improve the bottom line, with little thought to the impact on affected employees.

Contractualization and insecurity of tenure

The prevalence of contractualization, especially at lower-level positions, is perhaps one of the most deliberate efforts resulting in job insecurity. For a significant percentage of the work force, job security is a myth. All they know are five-month contracts, working through agencies, and receiving, perhaps, minimum-wage and mandated government benefits. Training and career advancement are minimal, if any.

Obviously, for a number of organizations, lower compensation cost, no possibility of employee union, and less number of people they need to manage offset the cost of hiring and training, and loss of organizational memory. Or else, they have found a way of eliminating or reducing the supposed cost of hiring and training. Loyalty is a nonissue, since all they need is a pair of hands. Is this the way to go? Organizations that follow this business model remain to be financially successful, even their reputation is seemingly unscathed by these practices that are actually less than ethical. How will these practices impact on organizations in the long run? Time will tell.

Individual response

Managers and entrepreneurs could benefit from thoroughly evaluating their options prior to implementing action that contribute to insecurity of tenure and resist the urge to blindly copy what others have done. This is from the perspective of personal accountability. Should these moves really be necessary, the next concern is how to implement them humanely.

Employees, including managers, who would like to lessen the risk of being booted out, and surviving the experience if it happens, would benefit from taking personal responsibility for their own careers. As job requirements change and as the environment becomes more competitive, it is necessary to acquire competencies to ensure employability and to keep up with the changing qualification standards of organizations. –Mary Margaret Que / Mirror Image, Businessmirrorr

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How You Can Be A Blessing-Magnet








How You Can Be A Blessing-Magnet


The Bible says, “Be thankful in all circumstances.”

You see, some people put “conditions” to their happiness:

I’ll be thankful if I find a boyfriend who is as cute as Enchong and has the body of Derek.

I’ll be thankful if my husband changes.

I’ll be thankful if my friend apologizes to me.

I’ll be thankful if I get promoted in my job.

I’ll be thankful if I have a baby.

I’ll be thankful if I graduate from school.

I’ll be thankful if I buy a new cellphone.

Friend, don’t do that. Don’t be unfair to yourself!

Or you’ll never be happy.



http://bosanchez.ph/how-you-can-be-a-blessing-magnet/ 

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Oct 29, 2010

Jollibee buys another China noodle chain

By Zinnia B. Dela Peña (The Philippine Star)
Updated October 28, 2010 12:00 AM Comments (0)

MANILA, Philippines – Local fastfood giant Jollibee Foods Corp. has sealed a deal to acquire a majority stake, or 55 percent, in San Pin Wang, a beef noodle chain in China, for RMB 30 million or P195 million.

Jollibee said the transaction was pursuant to the agreement entered into by wholly-owned unit Jollibee Worldwide Pte. Ltd. and Guangxi Zong Kai Food and Beverage Investment Co. Ltd. on April 30, 2010.

The remaining 45 percent of San Pin Wang, which operates a chain of 34 low-priced beef noodle restaurants mostly in Nanning City in Guang Xi Province in South China, will still be owned by GZKFB.

The agreement also calls for both Jollibee Worldwide and GZKFB to infuse an additional RMB 20 million or P125 million in San Pin Wang to fund the beef restaurant chain’s expansion.

The joint venture, which will allow the Philippine-based company to penetrate South China, is expected to be operational within the first quarter of 2011, JFC said in a disclosure to the Philippine Stock Exchange (PSE).

JFC currently operates two brands in the People’s Republic of China – Yonghe King in Shanghai which was acquired in 2004 and Hong Zhuang Yuan in Beijing. Hong Zhuang Yuan was bought in 2008.

As of the end of September 2010, the two businesses combined had a total of 236 stores and in the third quarter, accounted for 12 percent of the Jollibee Group’s worldwide system sales, a measure of all sales to consumers, both from company-owned and franchised stores.

http://www.philstar.com/Article.aspx?articleId=624747&publicationSubCategoryId=66
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Jollibee named Most Trusted Brand by Reader’s Digest Asia

Jollibee PR Manager Arline Adeva, Senior Marketing Manager Joel Villamayor, and PR Officer Dennis Reyes hold up the Reader’s Digest Most Trusted Brand Gold Award.

http://www.bworldonline.com/main/content.php?id=13443

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Jollibee seals purchase of stake in Chinese chain

 by Jenniffer B. Austria  -Thursday, October 28, 2010    

Fastfood giant Jollibee Foods Corp. has finalized its acquisition of a 55-percent interest in Chinese beef noodle restaurant for RMB 30 million ($4.4 million).

Jollibee said in a disclosure to the stock exchange that wholly-owned subsidiary Jollibee Worldwide Pte. Ltd. signed a share purchase agreement with Guangxu Zong Kai Food Beverage Investment Co. Ltd. to buy 55 percent of San Pin Wang beef noodle resturant.

Guangxi Zong will keep 45 percent of San Pin Wang, its fastfood chain serving low-priced beef noodles.

Jollibee group and Guangxi Zong also agreed to put in additional investments of RMB 20 million on fastfood chain in anticipation of expansion.

The joint venture is expected to be operational within the first quarter of 2011.

San Pin Wang, which earlier projected annual sales of RMB 100 million in 2010, is profitable and has no debt, Jollibee said in an earlier statement. There are currently 34 San Pin Wang stores, located mostly in Nanning City in Guang Xi province in South China. It also operates two commissaries.

The San Pin Wang joint venture will provide Jollibee with a brand based in south China.

Jollibee operates two brands in China—Yonghe King based in Shanghai and Hong Zhuang Yuan in Beijing.

The two foreign businesses had a combined 236 stores at the end of September and accounted for 12 percent of the Jollibee group’s worldwide systemwide sales in the third quarter.

The Jollibee group operates the country’s largest food service network. It had 1,578 stores in the country as of end-September this year. It also had 375 stores abroad.

Jollibee owns Chowking, Greenwich, Red Ribbon and Manong Pepe’s chains and bought 70 percent of the Mang Inasal restaurant.

http://www.manilastandardtoday.com/insideBusiness.htm?f=2010/october/28/business3.isx&d=2010/october/28
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Oct 19, 2010

Jollibee to acquire majority of Mang Inasal


By Cheryl M. Arcibal
Fastfood heavyweight makes another acquisition; Mang Inasal founder to retain minority stake

Jollibee Foods Corp., the country's largest owner and operator of quick service restaurants, acquired the majority share of Mang Inasal, the Tony Tan Caktiong-led company announced on Monday.

In a disclosure to the Philippine Stock Exchange, JFC said its unsolicited offer to buy 70 percent of Mang Inasal Philippines, Inc. for about P3 billion has been "unconditionally and irrevocably accepted" by Injap Investments, Inc., the parent company of Mang Inasal. JFC added that Mang Inasal's acquisition will add five percent to its revenues and seven percent to its net operating income.

The remaining 30 percent will be retained by Injap. [Find out how Jollibee survived the economic crisis here]

Under the terms, JFC had to give Injap P200 million as initial payment. Ninety percent of the remaining amount or about P2.52 billion will be paid on the closing date of the transaction (30 days upon JFC's completion of due diligence), while the remaining 10 percent will be paid over a period of three years.

Besides improving its revenues and profits, Mang Inasal's acquisition, JFC added, would "also increase JFC's store network in the Philippines by 19 percent and on a worldwide basis by 16 percent." [Read about Mang Inasal and his road to success here]

As of October 18, the Mang Inasal chain has 303 stores, of which 279 are franchised and 24 are company-owned.

It is estimated that Mang Inasal annually earns P2.6 billion and registers sales of P3.8 billion.

"JFC will build shareholder value by growing the sales of Mang Inasal's existing stores through the application of JFC's knowledge of consumers and its available recipes and products, continued expansion of Mang Inasal's store network, cost improvement on its raw materials, and greater operational efficiency...," JFC said.

The company also added that it intends to maintain Mang Inasal's current personnel, subject to their meeting the group’s organizational standards. [Read about Mang Inasal's startup story here]

Pricewaterhouse Coopers- Isla Lipana & Co. and KPMG-Manabat Sanagustin & Co and Romulo Mabanta, Buenaventura Sayoc and De Los Angeles were tasked to handle the financial, tax and legal due diligence of the transaction.

As of September 30, JFC had a total of 1,578 stores in the Philippines and 375 stores abroad.

Besides Jollibee, JFC also owns Chowking, Red Ribbon, Greenwich and Manong Pepe's. In China it owns and operates Yonghe King and Hong Zhuang Yuan. JFC stores are also present in the US, Vietnam, Brunei and Indonesia.

JFC recently announced that it would be selling its stake in Delifrance.


Related Articles:

Jollibee to sell Delifrance

Greenwich to add more stores

Jollibee, Singaporean firm partner for a commissary in China

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Jollibee to acquire 70% of Mang Inasal

Jollibee Foods Corporation (JFC), the Philippines’ largest food service company, offered to acquire 70 percent of Mang Inasal Philippines, Inc. (MIPI), owner and operator of the Mang Inasal restaurant chain.

In a statement, JFC said it Injap Investments Inc., parent company of MIPI, has “unconditionally and irrevocably accepted” the offer.

JFC said its unsolicited offer included the principal terms of the share purchase agreement, which will be signed within 30 days. This would be subject to completion of JFC’s due diligence.

Once the deal is done, JFC would own 70 percent of MIPI, while the rest is owned by Injap.

JFC Chief Finance Officer and Vice President Mr. Ysmael V. Baysa said the purchase is estimated to amount to approximately P3 billion.

“Part of the consideration in the amount of P200 millions had been paid by JFC as initial payment. Thereafter, 90% of the purchase price (less than the initial payment) will be paid on closing, with the remaining 10 % paid over 3 years from closing,” the JFC statement added.

JFC’s deal with Mang Inasal is estimated to add 5 percent to its worldwide system wide sales, 5 percent to its revenues, and 7 percent to its net operating income on annual basis.

Mang Inasal, on other end, will increase JFC’s store network in the Philippines by 19 percent and 16 percent worldwide.

Mang Inasal serves grilled chicken and Filipino food.

As of October 18, 2010, the chain consists of a total of 303 stories, of which 24 are company-owned and 279 are franchised. It operates 2 commissaries.

MIPI has an estimated annual total revenues of P2.6 billion and system-wide sales of P3.8 billion.

The JFC Group of Companies currently operates a total of 1,578 stores in the country. It is also operating 375 stores abroad.
http://ph.yfittopostblog.com/2010/10/18/jollibee-to-acquire-70-of-mang-inasal/
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Oct 13, 2010

The No.1 Fastfood Chain.....

JOLLIBEE bested some of Asia Pacific's biggest multinationals as it bagged the FMCG and F & B Asia Pacific Supply Chain Excellence Award at the SCM Logistics Excellence Award held in Singapore.

http://www.jollibee.com.ph/index.php?/about_us/contents/6

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What Is The Best Franchise Aside From Jollibee?

Jollibee has been around for ages and time will be the proof that it is very profitable. All the investors and franchisee of this name has been wealthy because of it. But now, jollibee will be closing its doors for franchise. Rumor has it that the quality of jollibee franchise has been deteriorating because of poor management of franchise owners. So they decided to open the stocks for public. No franchise no more. Just stocks.

Now, if you are one of the people who wants to franchise jollibee but now problematic and looking for alternative. We recommend the list of 8 best franchises in the Philippines at Franchise Philippines.org. It is a great list to get you started and hopefully decide on what franchise to choose.

http://justjollibee.com/what-is-the-best-franchise-aside-from-jollibee/



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