franchises in Asia

Franchises in Asia

  • Most Asian countries have only in recent years begun to enthusiastically embrace franchising as their growing middle class becomes more affluent and gravitates toward international brands. Industry practitioners are positive that Hong Kong serves as a two-pronged springboard for Western franchisors to gain access to Asian markets and for Asian brands to enter the global market.

    While most major Asian countries have made significant progress in welcoming foreign companies, expanding into Asia is not without its challenges. International franchisors looking to gain a piece of Asia's potentially multi-billion dollar franchise market have a long list of challenges.

    According to the survey, the top problems facing international franchisors in Asia, in descending order, are: "hard to find qualified franchisees" (74%); franchisee management (72%); the license process (54%); currency controls (46%); brand and product localization (43%) and intellectual property/patent registration and protection (43%).

    If some of the franchisees on our list who are ready to start a business in Asia are interested, you can contact them through our inquiry form.

  • franchises in Asia


Julia

Julia
Official representative of Topfranchise in Asia

manager@topfranchise.com
+1 484 414 51 97
Whatsapp


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