Franchise Opportunities in Bhutan
Popular franchise directions in Bhutan
Attractiveness of Bhutan for the development of franchise business
Bhutan is situated in South Asia between Tibet and India. The population of the country is relatively not numerous 827,453 residents including 40.9% of people who live in an urban area. The largest cities are Thimphu (98,676 ppl), Punakha (21,500) and Tsirang (18,667).
Bhutan's economy is largely dependant on hydropower, agriculture, and forestry, which provide employment for more than half the population. Being the third world country Bhutan follows the philosophy of Gross National Happiness where the success of the development measured by well-being rather than on gross domestic product. The population has free education and free medical care. The main sources of income are tourism, hydroelectric power and agriculture-related businesses.
Franchising is a new notion in the country, however, it is slowly penetrating the market. Especially successful are franchise companies providing tourism-related services such as travel and leisure, food and beverage, coffee, fitness, pest control and cleaning franchises.
The majority of franchises offering their services in Bhutan are international, there are representatives of franchise companies from India, the USA and some European brands on the market.
There are high investment business opportunities, as well as cheap franchises in Bhutan presented for review, the choice is yours.
Indicators of Bhutanese Business Market
Currency: Bhutanese ngultrum (BTN, Nu.)
Education Index (2015): 0,452
Official languages: Dzongkha
Per capita GDP (PPP): $9,426
Quality-of-life index (0-10): -
Population: 741,700 ths
Total GDP (PPP): $7,701 billion
Ease of Doing Business Ranking, Rank: 81
Human Development Index (HDI): 0,612