[Webinar Episode 1] The Benefits Of Franchising As A Growth Strategy - VF Franchise Consulting

[Webinar Episode 1] The Benefits Of Franchising As A Growth Strategy - VF Franchise Consulting
Our Host:
- Mr. Robert Beausoleil - Director of Franchise Development & Operations
Our Panelists:
- Mr. Sean T. Ngo - CEO & Co-Founder, VF Franchise Consulting
- Mr. Tim Shaw - CEO Asia Pacific & Middle East, GapMaps
- Mr. Trevor MacKenzie - Managing Partner, Exquisine Global
- Ms. Tu Ngoc Trinh - Senior Associate, Tilleke & Gibbins
Key Takeaways
Franchising as a growth strategy can be beneficial in utilizing other people's capital and building a franchise community.
It offers capital and human efficiency, allowing for faster expansion than through traditional methods.
Scaling is crucial for success, as it helps in building the brand and achieving significant growth.
Summary
Franchising can be a profitable growth strategy for businesses. It offers benefits such as utilizing other people's capital, building a franchise community, and achieving faster expansion.
By scaling the business through franchising, brands can tap into the efficiency of local franchisees and their ability to recruit and hire the right talent.
This partnership between the franchisor and franchisee helps in building the brand and achieving significant growth. Overall, franchising provides a capital-efficient and scalable approach to expand a business.
VF Franchise Consulting is a leading franchising and licensing consultancy (brokerage) for Asia and the Association of Southeast Asian Nations (ASEAN).
VF Franchise Consulting targets the best and top franchise concepts that are highly adaptable to the Asia Pacific region. They are recognized, proven brands with strong potential growth and profitability and sustainable competitive positions in Asia Pacific.
VF Franchise Consulting‘s unique and proven franchise sales and marketing methods have produced timely results for our clients in the Asia, USA, Europe, and Australasia.
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