Smart franchisees know that multi-unit franchise ownership is the path to riches. And surprisingly, multi-unit franchise ownership is less risky than single-unit stores. The American idiom “go big or home” totally encapsulates my view of franchising. When someone buys a single unit franchise, they’ve bought themselves a job, but when someone becomes a multi-unit franchise operator,

The United States and Vietnam, with the high consumer demand and fast-growing markets, are continuing to be promised lands for coffee and beverage brands on both sides. According to the Vietnam Report 2020, beverages is one of the consumer goods industries with the highest growth rate in Vietnam, at an increase of around 6 per

Quick service restaurant brand Subway yesterday inked a new master franchise agreement with Pegacorn Sdn Bhd to open about 500 new Subway locations across Peninsular Malaysia over the next 10 years. A partner to the franchise in Malaysia since 2019, Pegacorn expects to triple the number of Subway restaurants in the market and steadily increase

This article is an extract from GTDT Practice Guide Franchise 2022.  Regulation of franchising activities: a brief history The commercial backdrop: expansion of franchising around the world Today we see that franchising has metamorphosed into an international phenomenon. The trademarks, the signage, the advertising slogans of franchise chains, both huge and modest in size, have become familiar

The chain celebrated numerous milestones, including the 150th store. Slim Chickens made brand history in 2021 by closing out the year with more signed development deals and openings than ever before.  The brand celebrated a number of milestones including its 150th store opening, entered 65 new markets with their development deals and had close to 40 openings. It also inked 350 signed

We’re seeing that the restaurant franchising is nearly fully recovered with more openings of global brands and franchise deals closed. The burger and sandwiches segment continues to be a promising and attractive F&B investment not only in the US or EU, but also in Asia, because they have become so familiar and famous around the

Coding has become an essential part in this Fourth Industrial Revolution era. Informatics is a mandatory subject in secondary and high school not only in America or Europe, but also in most of the Asian countries such as Vietnam, Singapore, Malaysia etc. These coding academies don’t just teach children how to use the computer, but

I am pleased to announce that RGIS has acquired the UK and Mexican operations of WIS International.  This acquisition joins two customer-centric companies with a shared history of innovation and agility, and will allow RGIS to maintain its relentless passion for delivering quality service to our customers. Both companies strive for greatness through three fundamental principles: people,

A few weeks ago, I was run over by a car. I was biking to pick up my son from school, on the way to his birthday party that evening. Lying in the street and disoriented, I started to take a personal inventory. I raised my son right and have provided for him, so peace

Vietnam’s export volume in March hits 34.71 billion USD, up 14.8 percent year-on-year. (Photo: VNA) Though Vietnam suffered a brief setback in 2021 because of the highly-infectious Delta variant of COVID-19, its economy has begun to recover since the end of last year with exports achieving outstanding performance, Hong Kong (China)-based news outlet HK01 reported. Data

Li Ka-shing’s choice of Vietnam after Brexit seems to indicate that Vietnam’s economic development has great potential. At the 1978 National Day Ceremony, Li Ka-shing wore a Zhongshan suit to attend the National Day Ceremony. Later, he began to acquire a lot of land all over the country, and it got out of hand. In

Just how resilient is franchising? Franchising is a model designed for rapid expansion. Typically, when an industry shows attractive economic and social trend appeal, you will see more franchise activity. But what about during a pandemic, when whole swathes of the economy are challenged? Which industries continued to experience franchise growth and, conversely, which shrank?