Retail franchising in Singapore is a business with its own advantages and disadvantages. The main advantage is a high level of purchasing power of the citizens. Singaporeans are considered to be one of the richest nations. However, the Singapore market is quite small and full of different global brands which are more competitive compared to local ones. To have a retail franchise business could be rather challenging as the rental costs in malls are high and Singapore employees are among the highest paid workers. One of the best options for a new franchisee willing to start their retail franchise could be e-commerce which requires less investment. Have a look at the best retail franchise opportunities in Singapore on the website below!