Hong Kong
Buy A Franchise in Hong Kong
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Plots in Goa by neworld developers
Northern Hills by neWorld Developers offers an exclusive opportunity to own legally approved plots in Goa in one of North Goa’s fastest-growing zones. These luxury plots in Goa are nestled in an elevated, green environment with easy access to beaches, cafes, and urban amenities. Ideal for personal use or rental income, these residential plots for sale in North Goa are RERA-compliant and come with
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Tips for outlining your essay
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Franchising in Hong Kong
Franchising is the licensing out of a business name, product, technique, philosophy, trademark, etc, for a percentage of the income. Instead of setting up new outlets as part of your expansion, you license your existing business blueprint out to franchisees who then set up and manage it for you.
The benefits of franchising your business in Hong Kong include: more freedom, as the franchisee takes on major responsibilities; minimal expense; lower cost and higher profits; potential for fast growth; brand building.
Disadvantages of franchising a business in Hong Kong: although few, rely predominantly on your franchisees.
They include: poor quality franchisees; franchisees not declaring all income; poor performance.
Close to the target markets of Asia and the Chinese Mainland, Hong Kong offers a window into franchising opportunities and brands in the region. McDonalds and Tie Rack have established a presence in Hong Kong and it is a popular way for businesses to expand into the market. The HKCG (The Hong Kong General
Chamber of Commerce) has a specific website for franchising, offering assistance and information regarding franchising events, operators and regulations.
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