Introduction Cambodia has a rapidly growing economy with a sustained impressive growth rate of 7.7% between 1995 and 2018 (World Bank, Cambodia Overview). During that time, Cambodia has transitioned from being classified by the World Bank as a low-income country to a lower middle-income country. In addition, a sizable middle class had developed, particularly in … Continue Reading
The Federal Republic of Germany has the strongest economy in Europe and is one of the leading economies in the world. With a population of 81 million, it also is the most populous country in Europe. Germany is a mature and successful franchise market with more than 950 franchised systems operating in the country. It … Continue Reading
Introduction Hidden between some of the most prominent powerhouses in Asia—China, Thailand, and Vietnam—Laos has often been overlooked by foreign investors seeking to capitalize on investment opportunities in the region. However, thanks to an increased commitment from the government to ease restrictions on foreign direct investment (FDI) and efforts to create a more well-rounded economy … Continue Reading
Introduction The franchise market in Kazakhstan started to develop in the mid-1990s. The Kazakhstan Franchising Agency (KFA) estimates that the number of foreign brands currently franchising in Kazakhstan is close to 500 (and will grow to 550 by 2020), with an estimated 3,000 franchised outlets employing over 30,000 people and estimated annual sales of US … Continue Reading
Introduction New Zealand is an exciting and fast developing market for franchising. The population of New Zealand is about 4.6 million and there are over 630 franchise systems—one for every 7,400 people—which is very high in comparison with other countries. Why? As a whole, New Zealanders love brands and businesses that succeed, and franchising offers … Continue Reading
Introduction The relaxation of foreign investment restrictions and a growing, aspiring middle class have encouraged new players to enter Myanmar’s franchising industry in recent years. Previously, franchises in Myanmar predominantly operated in the food and beverage industry; however, in the last few years, the country has witnessed a growth spurt of franchise operations in the … Continue Reading
Introduction The Kingdom of Spain is a democratic parliamentary monarchy, a member of the European Union and a signatory to the Schengen Area Agreement. Spain is also part of most international organizations and a signatory to most international treaties and conventions. Spanish territory is administratively divided in 17 autonomous communities (regions) including two autonomous cities … Continue Reading
The 2015 International Franchise Association Conference recently held in Las Vegas served as a reminder of the growing issues with organized labor in the franchise industry. In particular, the traditional roles of franchisors and franchisees are being challenged by labor unions alleging franchisors and their franchisees are violating the rights of the franchisee’s employees. The arguments are … Continue Reading
In 1994, one of the most famous civil verdicts in American history was rendered. On August 18th of that year, a New Mexico jury awarded 81-year-old Stella Liebeck nearly $2.9 million in damages after she was burned by McDonald’s coffee that had spilled in her lap. The case sent shockwaves through the legal community, became … Continue Reading