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| A new coffee shop in Jakarta, Indonesia. Image: Komang Setiabudi |
Asia has considerably revived the
recent financial crisis. Most of the countries like Korea and Japan are posting
big trade surplus, exceeding even the pre-crisis levels.
Indonesia and
other Asian countries is a lucrative area to build new business and expand your
business activity. There are a number of businesses in Asia available just for
the picking and at great investments. Asia
has certainly made distinguished economic progress over the last quarter of
this century. And the private sector has played a significant role in the
process of transformation and offering a world of business opportunities in
Asia.
There are a number of businesses in Asia available just for
the picking and at great investments. Asia
has certainly made distinguished economic progress over the last quarter of
this century. And the private sector has played a significant role in the
process of transformation and offering a world of business opportunities in
Asia. This is a very good opportunity for you to start a business in Asia.
Asia has many interesting places to
start a new business, or to expand a business that has been stagnant in Europe
and the United States. Asia is very interesting to build your dream. You can do
business in the areas of construction, information technology, and financial
services such as banking or insurance. With increasing economic growth in Asia,
particularly in Southeast Asian countries such as India, Singapore, Vietnam and
Indonesia in particular, the level of consumption and purchasing power in the
region also increased significantly. Middle class also has grown, so that their
purchasing power is also moving up. It has been more than 20 years they have been able to purchase high quality products and services, both local and imported.
Franchising in Asia
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Delicious seafood at
Jimbaran Beach, Bali.. Image: mbssurfbali.com
No matter what the economy, there always are franchise
concepts on fire to meet the needs of consumers. Franchise business or Franchise
entrepreneurs, people can argue that it requires a high startup capital and it
is not really your idea to begin with.
However, history has shown that through
successful franchises, you receive training, location, the work processes and
even now the products and services, prepared all for you. Therefore, there are other
ways to open a franchise business in Indonesia or other Asian countries, which
offer cooperation or investment to employers who have a cafe or restaurant
business unique.
They are not confident to change the way of their business from
the conventional system of becoming a franchise business. They also lack the
capital to open a branch, or to expand their business, but they have very
unique and interesting products to be developed into a profitable franchise business.
High-performing franchise opportunities are available from
franchise companies in the food, retail, and service sectors. Singapore, Malaysia and Indonesia are a clear example of the
success of franchising in Asia, excluding Japan, of course. There are many
unique food and beverages in Asia, so you have chance to build a franchise in
this area. If you are the owner of capital and not know where to invest, then
came to Southeast Asia, in particular to Indonesia. If you managed to do collaboration
with them, then you can develop the franchise business to your country, also in
other continents.
This
cooperation will benefit you and your partner. They will also be proud of their
unique products at a time will be deployed outside of their country. The
unification of the two cultures in the business of franchising is something
unique. We see fast food restaurants such as McDonald's or Kentucky Fried
Chicken serves rice in addition to burgers and fried chicken. Thus you can
bring food culture (culinary culture) from Asia to America, Australia or
Europe, even to Africa and Latin America. Perhaps a mix of business between
nations especially in the field of food and beverages can provide a sense of
peace to the nations of the world. Come eat and drink together, and create
harmony and peace.
Understanding the Asian business culture
When
you are looking for franchise business opportunities that can be developed in Asia,
then in addition to food or beverages, I believe, that there must be other
types of products that you can develop in Asia. Therefore you should look for
uniqueness in this growing region. Learn their culture and custom, so you can
do a more convenient approach for all parties. Asia has its own uniqueness in manners,
and how they make decisions, that there must be some cultural differences
compared to the way Westerners (USA or Europe).
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| A unique food franchise. Image: worldfranchisecentre.com |
You
can learn the cultural aspects of the books about business in Asia. Pay a visit
to Bali or Jakarta and enjoy your trip as tourists, and remember to bring “your
business radar”, so you can quickly get information and prospect to make cooperation.
Maximize search engine like Yahoo or Google to know the culture of Bali,
Indonesia or Asia, so that you can quickly adapt to the friendliness of the
entrepreneurs in the region.
Once
you understand the local culture in Asia, you can move to the next step, for
example to study the legal aspects of business such as how to create a joint
venture, the minimum capital requirements, and how to set up the company. This
issue is not too difficult because there is definitely a business advisory and
legal advisor ready to help you. Such information also can be obtained at the
consulate or embassy of the country, which has offices in your country. Now the
rules and regulations relating to investment in Asian countries, especially in Southeast Asia
have been a lot of change for the better, so that you will be successful
without any obstacle.
