More and more businesses are looking to grow their businesses or franchise internationally. Franchise Direct reports:
… the number of U.S. executives planning to increase their overseas sales targets rose from 49 percent in 2008 to 56 percent in 2009 and to 72 percent in 2010. Fifty-six percent of the executives polled say their overseas sales are growing faster than domestic sales, a rebound from 52 percent of executives last year though still below the 67 percent level seen in 2008.
So many companies are considering international expansion because it’s an effective way to grow a business. Accurate Franchising, Inc. is famous for building franchises stateside, but we’re also international franchise consultants. Learn more about the great reasons to franchise internationally and how we can help here.
Oversaturation in the U.S. Market
Some franchisors may find that their sales have slowed because of oversaturation in the U.S. market. If you’re running a business with lots of competition, there just might not be room for more locations and readily acquired sales. International franchising is an effective solution to this problem. Many franchisors find there’s less competition in foreign markets, leading to new opportunities for their brands.
Meeting International Demand
If there’s a strong demand for your products and services in the U.S., there’s a good chance that there’s a strong demand for them internationally as well. As international franchise consultants, Accurate Franchising, Inc. can help you conduct market research to identify opportunities in those markets. Where strong demand exists, we can help you break into new countries.
The Next Step in Your Growth
It could be that there’s plenty of interest for your brand in the U.S., but expanding into Canada or Mexico is just a logical next step. Even though these countries are directly on our borders, they have franchising laws and regulations of their own. Accurate Franchising, Inc. knows how to work within them.
What can Accurate Franchising, Inc. do to Help?
No matter where your company is at in its franchising journey, Accurate Franchising, Inc. can help you make the most of international expansion. We’ll assess your business to determine if international is the right move for you. If so, we’ll come up with a custom plan designed to meet your needs and your budget.
We’re part of United Franchise Group, which has itself been franchising internationally for decades. That experience means we know how to slash through red tape, helping our clients establish a presence and locate investors abroad. Whether it’s identifying the right markets or implementing a targeted marketing campaign, we’ll help you hit the ground running in the country or countries of your choice.
Contact Accurate Franchising, Inc. today to learn more about the ways we can help you expand into international markets.