Hong Kong
Buy A Franchise in Hong Kong
Recent forum posts
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Padres feel in the direction of postseason
at the exchange deadline Jeremiah Estrada andor Adrian Morejon given that those people men consist of been the just constant hands in just the "pen. He shouldn't comprise toward do that a great deal extended. Jason Adam was previously additional toward the roster and he'll be connected by way of Marlins All Star Tanner Scott, who was the substantial exchange of the working day for San Diego. Scot
Total Posts: 1 Last post by Mittelstadt
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Padres feel in the direction of postseason
at the exchange deadline Jeremiah Estrada andor Adrian Morejon given that those people men consist of been the just constant hands in just the "pen. He shouldn't comprise toward do that a great deal extended. Jason Adam was previously additional toward the roster and he'll be connected by way of Marlins All Star Tanner Scott, who was the substantial exchange of the working day for San Diego. Scot
Total Posts: 1 Last post by Mittelstadt
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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