7-11 operator says franchises in demand
Philippine Seven Corp., the local operator of the 7-11 convenience stores, said there has been a surge in entrepreneurs knocking on its doors for franchises.
Victor Paterno, president of Philippine Seven, said the low interest environment has encouraged people to take on business opportunities.
Moreover, Paterno said his firm is confident consumer demand will continue to drive growth next year. (ANC Business Nightly, December 13, 2012)