Business may have faced challenges at the start of the new decade with the explosion of Taal and the threat of the COVID-19 (NcoV) scare, there is still a positive outlook for people getting into franchises. This year the Association of Filipino Franchisers, Inc. (AFFI) continues their anticipated annual event called the Filipino Franchise Business Expo which will take place this year at the World Trade Center.
The year 2020 also draws more demands for new business models, brands, and even innovations that will define the success of businesses. The AFFI believes that the 3 I’s—Improvement, Integration and Innovation will be the most important factors that investors and businessmen should take note of. In this age that technology and the internet are one of the biggest factors to marketing and customer service, both old and new companies should be able to adapt.
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