how to expand internationally

Franchising is a business format with an extensive global recognition. International franchising gives industries a magnificent opportunity for market expansion. International firms use franchising as a mode of entry while expanding internationally. Recently, IKEA launched its first store in Hyderabad and became an instant hit. It experienced a sensational footfall of 40,000 people on day ...

Every franchisor aspires to expand his business in the international locations besides running a successful franchise business in the domestic market. Franchise business owners in India are overwhelmed to be approached by entrepreneurs belonging to other nations. In their enthusiasm of expansion abroad Indian franchisors fail to check the credibility of the aspiring franchisees ...

Having your business established and expanded on nationwide scale, taking the business to overseas can prove to be highly profitable. Franchising has emerged as an excellent way for business expansion on foreign land as it provides an almost cost-free expansion given that the franchisor receives franchise fee and royalties from the franchisee. Knowing the ...