Welcome
The Federation of Philippine American Chambers of Commerce, Inc. (FPACC)
Founded in 1996
FPACC Business Development initiative
NEWS RELEASE:
CONTACT:
Emil Bernardo
VP- Business Development-FPACC
(Federation of Philippine American Chambers of Commerce)
773-818-2027
emilbernardo@yahoo.com
FPACC ORGANIZED SUCCESSFUL TRI-CITY FRANCHISING ROADSHOW
The Federation of Philippine American Chambers of Commerce (FPACC) recently conducted its first ever three city tour
promoting franchising business opportunities in the Philippines. Key FPACC chapter members in Los Angeles, Houston and Las Vegas hosted the well attended event from February 19-22, 2019.
The presentation series titled " How to Invest in the Right Franchise Seminar" was a collaborative project of U-Franchise, the Philippine's biggest franchising marketing company, and the Federation. The Philippine Consulate General in Los Angeles and the Department of Trade (DTI) were key partners in supporting the event. The Consulate hosted the the LA presentation on Tuesday, February 19 2019 at the Consulate's Community Hall.
In his welcome remarks, Consul General Adelio Cruz highlighted the growth of the franchising industry in the Philippines from being an incubator market of U.S.brands to having more than 1600 homegrown brands. He further noted that the franchising industry has become a catalyst for Philippine economic growth stimulating job creation and small enterprises.
Mr. Christopher Lim, President of U-Franchise Asia, Chairman for the ASEAN of the Philippine Franchise Association, Chief Operating Officer of Francorp Philippines, and head of the Philippine Delegation provided tips and strategies in choosing the right franchise. A wide variety of franchising opportunities ranging from Subway, Wendy's, fast food concepts, dialysis center, a pharmacy, self-service laundrymats, retail, real estate, and the only micro-lending business franchise in the Philippines provide proven potential success.
The two-hour seminars also showcased success stories of three homegrown franchising companies in the Philippines, LT&G Credit Line, the fast growing micro-lending franchise, Cafe La Tea with over 15 branches, and Blugre' Coffee, a homegrown Davao brand known for its signature drink, Durian Coffee with Mangosteen Extracts.
The roadshow produced a success story. An enterprising young businessman from the Houston Texas area signed up for four LT&G Credit Line franchises with an approximate investment of P12 Million.
Contributing to the overall success of the workshops was collaboration with the National Federation of Filipino American Associations (NaFAA) and sponsorship by VistaLand and Max Group of Restaurants. Managing the event was BluAccess Inc. U-Franchise's US partner with leadership support enthusiastically provided by FPACC.
More trade and business opportunities directly offered to the FilAm community will be announced shortly.
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