There are several ways, and knowing them may well be your only protection against falling victim to one.
Franchising has made great inroads in the Philippines because of the increasing number of people succeeding in business through this route.
But franchising has a downside: it has given rise to scams.
Franchise scams have indeed been on the upswing, but it hasn’t reached crisis proportions as it had in the United States in the 70s – considered the franchising “dark ages” – when countless individuals were duped into investing in non-existent franchises.