In 2015, Asia Pacific became the global leader in online and mobile commerce. This video outlines which companies and retailing formats thrive in Asian markets and discusses consumer trends driving this growth. Watch for complete insights.
China’s strong Q2 figures, with real GDP growth coming in at 7.0% year-on-year - above most analysts’ estimates - should not be taken at face value. Quite apart from the usual debates over the accuracy of the figures, much of the growth stemmed from short-term stimulus measures.
Quoting a Roman philosopher, Lucius Annaeus Seneca, “luck is where preparation meets opportunity”. Business owners who adopt franchising as a growth model should be aware of both the pros and cons of it, and prepared for what comes next, especially when looking at operational matters.
With every business being different in it's own way, franchisors inevitably exert different levels of control within their own franchise system too. So how does one determine what level of control is right or wrong?
While internet retail is often associated with lower costs, it should not come across as a surprise that the increased level of competition in the space has driven up the cost of online marketing, a trend which is not particularly new.
For those still in search for a suitable franchise opportunity, engaging a franchise consultant who specializes in marketing could ease the process. Here's six reasons why.