Inception of a Pioneer in Family Business Consulting in Cebu: The Founder’s Story
Mr. Virgilio G. Espeleta, MBM, CFE, Founder, President and CEO of Famcor Franchise Management & Executive Development Corporation, in pursuit of his passion of helping grow family corporations set-up this consulting firm as an answer to offers from companies whom he had previous dealings. In the course of his professional career, Mr.
Espeleta has knowingly been dealing with companies which are family-run, ranging from local to multi-national companies, small scale to large scale business entities, of which he has felt that he can make major contributions to further grow the potential of these family corporations. At the completion of his Masters Degree at Asian Institute of Management, this had planted the seed of that passion and has been dreaming of the opportunity to finally get this venture going. Read on and find out from the founder himself how this dream came to be. Though based in Cebu, dealings of this firm are corporations from all over the country and in time will have prospects in the international market especially in the Southeast Asian region.
“After more than 30 years in combined experience in the corporate, entrepreneurial ventures and dealing, managing and growing family businesses, I started in 2010 a Family Business Consulting group, with the core mission of:
Helping family-run corporations achieve their highest potential by crafting their strategic business growth roadmaps while sustaining family unity in phases of leadership and management transitions.
Not only in professionalizing and setting the right family-business governance system, our consulting group provides clients with a roadmap in crafting the family charter, guidance in deriving their strategic options or directions, then hand-hold them in the execution of plans.
Franchising, if applicable, becomes an easy option if clients want to expand, as we have proven to have grown franchise concepts ourselves or with our allied experts in developing the system, operationalizing and growing franchise business models.
Incorporated in 2010, right after my second retirement, I first offered my services to companies who attempted to invite me to work with them. With their trust and confidence, with their own referrals and with the help of the network in the business circles, it did not take long we became known of our “advocacy”. The same advocacy attracted circle of like-minded friends who are experts and professionals, others are teaching in prestigious management graduate schools, some are retired but carry with them 30-40 years of rich business and work-place wisdom.
Coping with the market growth and with the soundness of our niche advocacy, our company, Famcor Franchise Management and Development Corporation, has lined-up strategic programs which would elevate its status to the next level.
With God as my guide, my family as my inspiration, service as my drive, my dream is to make this company an institution which has helped hundreds of families bond not just in blood or in business, but more importantly in trust and in faith.
I, Virgilio “Nonoy” G. Espeleta, together with my Famcor Team, am at your service!”