Hungary
Buy A Franchise in Hungary
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Expanding cleaning company to US
Hi, I would be interested in knowing whether it would be a good move to expand my cleaning company to the US. How would you go about doing this?
Total Posts: 4 Last post by leeeo
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Mt Africa l Jairos Adventure
Mt Africa is a beautiful and powerful symbol of the wild continent of Africa. It often refers to famous mountains like Mount Kilimanjaro, the highest peak in Africa. This mountain attracts many travellers who enjoy adventure and nature. Climbing Mt Africa offers stunning views, fresh air, and a chance to see unique wildlife. Many visitors also learn about local cultures and traditions during t
Total Posts: 1 Last post by leeeo
Franchising in Hungary
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 Hungary 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 Hungary: although few, rely predominantly on your franchisees. They include: poor quality franchisees; franchisees not declaring all income; poor performance.
Founded in 1991 Hungary has the Hungarian Franchise Association which is a member of the European Franchise Federation. This makes it reasonably easy to set up a franchise in Hungary.
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