On the whole, across emerging and developing Asia, low international prices for oil and other key commodities are supporting growth, but a sharp price reversal could undermine the outlook and hurt companies and consumers.
While there are no “right” reasons as it is highly subjective matter, there are actually many “wrong” reasons for making such a commitment. And these erroneous thinking could be the first step towards the opposite of success.
Digital innovation brought huge change to the landscape of apparel retailing, and now it is beginning to exert its influence over manufacturing, with more apparel firms creating opportunities for garment customisation.
It is that time again where people set goals to try and do better and achieve more for the upcoming new year. As a franchisor, this means a little bit more because most decisions you make will impact franchisees.
The franchise business model is not for everyone. Undoubtedly the biggest drawback for many is the lack of control, while the main advantage is probably the reassurance of buying into a business that is proven to work.
The franchise pitch should aim to strengthen interest and clear any doubts. But sometimes, the opposite happens and the prospective franchisee leaves the meeting feeling even more confused or loses interest.
While the US is the birthplace of many international licenses through the influence of its Hollywood blockbuster movies, Asia Pacific is one of the biggest licence-driven traditional toys and games markets globally.
Most (if not all) franchisors grant rights for territorial exclusivity to their franchisees for the main purpose of assuring franchisees that they have their own business area to operate and market in.