NewsCase StudiesEvents

Buy A Franchise in Hong Kong

Hong Kong

Buy A Franchise in Hong Kong

Recent forum posts

 

  1. International Psychic Wonder

    Life Can sometimes get us completely down with too much suffering questioning our selves on different life aspects, Some times it might be those close to us getting us into total life failures and problems. You have prayed and cried to God and nothing is changing. I have mastered the art of psychic abilities, traditional ancestral powers, vast spiritual energies and so much more. So am sure that i

    Total Posts: 1 Last post by wonderjembe

  2. A spell well set to help you cause a miscarriage

    Free yourself from unwanted pregnancy. Not all pregnancies are wanted, It can be a very stressing pregnancy situation on yourself, Its be a woman that your husband made pregnant, It be your young daughter who accidentally got pregnant, It can a woman forcing herself on your man with a pregnancy trap And you men who accidentally made a woman pregnant and you are not ready to have a child with her.

    Total Posts: 1 Last post by wonderjembe

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.

Click here to Ask an Expert about Buy A Franchise in Hong Kong

Organisations that can assist with Buy A Franchise

    You are not logged in!

    Please login or register to ask our experts a question.

    Login now or register.