Source: Manila Bulletin
MANILA, Philippines — Returning overseas Filipino workers who yearn for long-term financial growth in their homeland now have the chance to finance their own small business investment and become successful entrepreneurs as world-renowned convenience store chain giant 7-Eleven launches a special franchise program for OFW applicants.
The special program, according to Francis Medina, Business Development Manager of Philippine Seven Corp. (PSC), allows OFWs to explore their own income-generating business option by using their remittances as significant “investment tools.”
“Studies have shown that OFWs nowadays no longer concentrate their remittances solely for their families’ basic consumption; in fact, most have used or saved up their remittances to finance other future pre-needs or necessities such as education, housing or land properties, health and small private businesses,” he noted.
“And with the population of migrant Filipino workers growing at 5% per year as they spread across various continents in the globe, imagine the overall buffering effect to the country’s economy, more importantly to the improvement of the quality of life of OFWs and their families, if their earnings or savings are channeled to finance potentially lucrative alternative business ventures such as a viable convenience store franchise,” said Medina.
Apart from the rewarding aspects of owning their own 7-Eleven franchise, like finally achieving a steady income or livelihood for them and their loved ones, Medina said that investing their earnings on a viable franchise investment option is one great way of helping the country spur local economic development and generate jobs back home.
“By becoming 7-Eleven franchisees through a special franchise program that is unique and proven reliable, OFWs can look forward to a brighter and stable future as the company will arm them with the necessary technical support, financial management, including knowledge and skills training for them to fully understand the trade as they make a successful career in entrepreneurship,” he added.
Medina noted that because OFWs are hardworking, resourceful, compliant, reliable and service-oriented, they make excellent candidates for the 7-Eleven business model just like their successful operators. He also added that because of these qualities, along with their flexibility, commitment, discipline, work ethics and sense of responsibility, OFW partners are sure to propel the growth of the franchise business.
“Being a 7-Eleven franchisee is an ideal way for OFWs to build their future right in their homeland. By investing their hard-earned money on a proven brand that works as hard as they do, they can be sure of a mutual partnership that works towards the achievement of a better, more secure future for themselves and their loved ones,” said Medina.
MANILA, Philippines — Returning overseas Filipino workers who yearn for long-term financial growth in their homeland now have the chance to finance their own small business investment and become successful entrepreneurs as world-renowned convenience store chain giant 7-Eleven launches a special franchise program for OFW applicants.
The special program, according to Francis Medina, Business Development Manager of Philippine Seven Corp. (PSC), allows OFWs to explore their own income-generating business option by using their remittances as significant “investment tools.”
“Studies have shown that OFWs nowadays no longer concentrate their remittances solely for their families’ basic consumption; in fact, most have used or saved up their remittances to finance other future pre-needs or necessities such as education, housing or land properties, health and small private businesses,” he noted.
“And with the population of migrant Filipino workers growing at 5% per year as they spread across various continents in the globe, imagine the overall buffering effect to the country’s economy, more importantly to the improvement of the quality of life of OFWs and their families, if their earnings or savings are channeled to finance potentially lucrative alternative business ventures such as a viable convenience store franchise,” said Medina.
Apart from the rewarding aspects of owning their own 7-Eleven franchise, like finally achieving a steady income or livelihood for them and their loved ones, Medina said that investing their earnings on a viable franchise investment option is one great way of helping the country spur local economic development and generate jobs back home.
“By becoming 7-Eleven franchisees through a special franchise program that is unique and proven reliable, OFWs can look forward to a brighter and stable future as the company will arm them with the necessary technical support, financial management, including knowledge and skills training for them to fully understand the trade as they make a successful career in entrepreneurship,” he added.
Medina noted that because OFWs are hardworking, resourceful, compliant, reliable and service-oriented, they make excellent candidates for the 7-Eleven business model just like their successful operators. He also added that because of these qualities, along with their flexibility, commitment, discipline, work ethics and sense of responsibility, OFW partners are sure to propel the growth of the franchise business.
“Being a 7-Eleven franchisee is an ideal way for OFWs to build their future right in their homeland. By investing their hard-earned money on a proven brand that works as hard as they do, they can be sure of a mutual partnership that works towards the achievement of a better, more secure future for themselves and their loved ones,” said Medina.
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