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The first iteration of the LTFRB was established on November 17, 1902, through the passing of Act No. 520. [2] The commission is in charge of classifying vessels, merchandise, and passengers in with reference to transportation under the coastwise trade, and fixing the maximum rates to be imposed on the vessels and merchandise of different classes, and people that are being moved from one point ...
The group in May 2018 announced its plan for a further shift to the franchising model within the next five years in a bid to boost the company's growth. At that time 69 of the Max's Group shares are owned by the company while the rest are largely owned by its franchise stores. [4] In November 2024, the Group's third-quarter net income dropped ...
A Pizza Hut franchise at the SM City BF in Parañaque, Philippines in 2014 The United States is a leader in franchising, a position it has held since the 1930s when it used the approach for fast-food restaurants, food inns and, slightly later, motels at the time of the Great Depression .
Starting a business can take many shapes and forms, but it can be challenging to find the perfect business model. For those who don't have the funds to buy an existing business and don't want to ...
Franchise validation is the process of interviewing franchise owners by someone who is interested in investing in that franchise. It is a best practice for prospective franchise owners. During the validation process, the prospect franchisee conducts Interviews with current franchise owners.
McDonald's Philippines, known locally and colloquially and shortened as McDo [3] (), is the master franchise of the multinational fast food chain McDonald's in the Philippines. The master franchise is held by the Golden Arches Development Corporation , a subsidiary of Alliance Global Group .
Uncle John's traces its roots to the Ministop franchise in the Philippines which was owned by Robinsons Convenience Stores Inc (RCSI). Robinsons Retail Holdings, Inc. (RRHI) of the Gokongwei Group entered into a partnership with Ministop Co. and Mitsubishi Corporation to run the Ministop franchise in the Philippines under RCSI. [3]
After World War II, President Manuel Roxas issued Executive Order (EO) No. 94 on October 4, 1947, creating the Department of Commerce and Industry (DCI). [3] Cornelio Balmaceda, a much sought-after professor of economics and director of the Bureau of Commerce (BOC), was appointed acting secretary of the newly created Department of Commerce and Industry.