So, You’re Ready to Go International, huh?
M
any franchises tell me that they want to expand internationally and are ready to do so. After asking them a few poignant questions, they are usually backtracking and second-guessing their plans. It now seems a bit daunting, and rightfully so. But with a little preparation, a little counsel, a few of the right contacts and some due diligence, it is very achievable.
FranChampion has helped several franchises successfully expand around the world. From the Middle East to South America, each country has its own set of challenges. From supply chain issues, to country-specific regulations to communication considerations, there is no one-size-fits-all template that can be used for all international expansion.
The benefits of international expansion are numerous. Typically, overseas prospects are large organizations that have the resources and personnel to really drive the business in their respective countries. They also handle most of the heavy lifting when it comes to supporting their sub-franchisees, freeing you up to search for more great international partners.
While the international franchise landscape can be treacherous, FranChampion can help you sidestep all the landmines inherent in overseas expansion. It is exciting to see your brand in other countries and can be very financially rewarding, if you do it right in the beginning. We can help.
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