Hanep Buhay: How To Identify A Fake Franchising Company

GMANews.TV:

Hanep Buhay is the first business reality-magazine show on Philippine TV that aims to empower every Pinoy with knowledge on how to manage funds, start-up a business, and make better money decisions. Hosts Chris Tiu and Love Añover will be your new ka-partner in business every Saturday morning!

Last week, we gave you the top 10 qualifications for a legitimate franchise company, this week, we’ll give you tips on how to spot a scam!

HERE ARE SOME DANGER SIGNS TO WATCH OUT FOR:

1. Incomplete Legal Papers. They might have legal papers, however some of it might be lacking. For example, they may have BIR Registration and DTI Permits but they don’t have a certification from DOH or BFAD if they are running a food related concept.

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