DTI-ARMM holds 1st ARMM franchising expo
COTABATO CITY – The Department of Trade and Industry in the Autonomous Region in Muslim Mindanao (DTI-ARMM) conducted recently the 1st Franchising Expo here.
DTI-ARMM Secretary Atty. Anwar Malang said the expo provided participants the knowledge on entrepreneurship and business development.
Four speakers discussed the various aspects of business and franchising opportunities in the region. It also featured talks from experts on trends in the field of franchising.
Atty. Malang said he sees an upward growth of the region’s economy noting that the franchising expo provided an opportunity for business seekers and those who are planning to expand an existing business to gain valuable knowledge, insight, and guidance.
Norma Arcega-oro, DTI-ARMM senior tradeindustry development specialist, also discussed ways and techniques on how to start a business. A team from Metrobank shared inputs on how to fund a business venture and manage capital.
Jed Arboleda, Philippine Franchise Association consultant, said the potential for growth of franchising in the ARMM is high. “Franchising is one of the best ways to increase the number of stores because you use other people’s money,” he said.
He discussed ways on how to invest in the right franchise educating the participants in making wise decisions before investing. Officials and employees of the different line agencies, academe, and local businessmen attended the activity.
A business matching was also held during the expo which was a joint effort of the DTI-ARMM and PFA.