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Thought of the Day:

"We are continually faced by great opportunities brilliantly disguised as insoluble problems." Lee Iacocca

International Franchise Statistics: Australia, Brazil, Canada & China



Australian Franchise Statistics
Franchising in Australia represents a dynamic small business sector contributing some 14% of the national GDP of Australia. It comprises enterprising entrepreneurs as franchisors and franchisees employing 600,000 Australian's.

Franchise Statistics Brazil
In Brazil, the franchise system became very popular during the last decade. Although many of the aspects of a typical franchise relationship could be found in some segments of the domestic market prior to the nineties, researches show that the net sales in the franchise market had an expressive growth from 1995 to 2001, which increased from 9 billion to 21 billion dollars during those years, as per “Exame Novos Negócios” magazine1.

Canadian Franchise Statistics
-Canada has the second largest franchise industry in the world, led only by the U.S.
-One franchise operation exists for every 450 Canadians
-The Franchise industry in Canada represents over $100 billion in sales annually and continues to grow.
-Approximately 1 out of 5 consumer dollars are spent on good and services at a franchise
-Approximately 76,000 individual franchise operations do business in Canada under 900 different brand names.
-Franchising employs over 1 million people in Canada or 1 out of every 14 working Canadians is employed by a Franchise.
-A Canadian franchise opens every 2 hours 365 days a year.

Franchise Statistics China
Attracted by China's low labour costs and large markets, foreign direct investment ('FDI') has flowed into the PRC for over 25 years, initially in the form of joint ventures ('JVs') and increasingly now in the form of wholly foreign owned enterprises ('WFOEs'). China has now overtaken the US as the premier recipient worldwide of FDI.

Yet, for many years the PRC maintained obstacles to FDI in retail and wholesale, as well as franchising, through outright sectoral restrictions, geographical limitations, high capitalisation requirements, limits on foreign equity stakes and burdensome central governmental approvals processes.

Source: Franchiseek Limited



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