Watch the Trade Mission Preview & Opportunities in India & Sri Lanka Webinar to learn from experts about the upcoming IFA/Franchise Times/US Commercial Service Franchise Trade Mission to India & Sri Lanka and opportunities in these burgeoning markets. The speakers include:
- Rajeev Manchanda, Vice President, Franchising Association of India & Director, Inventure India Pvt. Ltd.
- Jennifer Loffredo, Director of Franchise Programs , U.S. Commercial Service
- Partha Mazumdar, Economic and Commercial Section Chief, U.S. Embassy Colombo, Sri Lanka
Watch the webinar now!
No large franchise market is growing faster than India and no market offers franchising more ongoing runway for expansion. This meteoric growth is being driven by factors ranging from the growth of the middle class to Prime Minister Modi’s liberalizing influence on the economy. In late 2014 KPMG reported that India’s franchise economy would quadruple in size through 2017. See BBC coverage of the last IFA mission to India.
Sri Lanka occupies a strategic position in South Asia and The Financial Times calls Sri Lanka “Asia’s next tiger”. A rapidly expanding middle class in this country of 20 million is driving consumption growth and demand for international brands. Sri Lanka offers abundant market opportunities in the franchise sector.
What does a franchise trade mission offer?
- One-on-one matchmaking meetings with pre-screened investors
- Commercial, legal, real estate and cultural briefings
- Networking events with the local franchise community and government officials
- Site visits (understand markets from the ground up)
- Available market research
- Help accessing suppliers in the market
- Help with travel, accommodations, and interpreter services
The mission will visit Mumbai and Delhi, India and Colombo, Sri Lanka December 4-9, 2016. IFA mounts franchise trade missions on a non-profit basis as a member service. The mission cost is $6,950. The application deadline is close of business, ET on October 14th, 2016.
Click here to learn more about the mission and apply!
The newest webinar in IFA’s International Toolkit Series is “A Franchisor’s Guide to Exporting Goods” presented by Nery’s Logistics. Supply chain is critical to most franchise systems and an ever increasing number of franchisors are exporting goods. Managing an international supply chain presents challenges beyond those faced domestically. Supply chain impacts everything from franchise relations to brand reputation to profitability.
This webinar will cover:
- Common mistakes and how to avoid them
- Steps to prevent your shipment from getting stuck at the border
- Using technology to manage supply chain
Wednesday, August 24, 2016, 11 am ET (1 hour)
Click here to register
Sandro Piancone, Director, Nery’s Logistics
Alex Oswiecinski, Vice President of International Operations and Development, Which Wich Superior Sandwiches
If you want to reach Europe’s fastest growing economy at The Franchise Show, Ireland, but don’t have time to exhibit in your own booth you can consider the Showcase in the US Pavilion.
Taking place September 9th & 10 in Dublin, the Showcase lets you present your concept on the show floor to thousands of prospects with signage, a 50-word description, and promotional material. The program will be backed-up and staffed by experienced professionals who will capture & qualify interested candidates as they present your opportunity to all attendees, including prospective master franchisees and area developers. The Franchise Show, Ireland includes a matchmaking platform. Prospective franchisees participating in matchmaking will be gauged for their interest in brands participating in the Showcase. All interested candidates will be given to you, directly following the event. The Showcase participation fee is $1,950.
- The only English speaking European Union member country still committed to EU membership
- The fastest growing economy in the Eurozone
- Home to a flourishing Franchise industry, already worth nearly $3 billion
- Administered by a stable Government with good, existing, international connections across Europe and beyond
Call Rick Brunsman for more information about the Showcase at 201.881.1606 or email RBrunsman@MFVexpo.com.
To learn more about the Expo visit: www.thefranchiseshow.ie
Speaking to a packed room of attorneys and franchise executives, IFA Chairman Aziz Hashim spoke about a new vision of engaging franchise employees and the public during the opening remarks of IFA’s 2016 Legal Symposium. Mr. Hashim drew from his deep experience as both a franchisee and franchisor, noting that the success of the business model in creating a seamless consumer experience has led to the misperception that franchisors employ franchisees’ employees among the public and policymakers. This misperception, he says, has led to misguided policies like the National Labor Relations Board’s (NLRB) nebulous joint employer standard.
While IFA’s efforts to educate the public, policymakers, and other influencers has been successful at gaining awareness of the issue, the inherent misunderstanding of franchising will take time to rectify. Mr. Hashim’s vision for the future includes part of the training program for every new employee of a franchisee to include an IFA-provided breakdown of what franchising is, and who the employee’s actual employer is. With over 9 million people directly employed in franchised businesses at any given time, it is paramount that employees are able to relay the positive message of franchising and its local impact. Mr. Hashim’s term as IFA Chairman looks like it will kick off the process of alleviating the misperceptions of franchising, much like his rousing words kicked off a successful IFA Legal Symposium.
NLRB Member Phillip Miscimarra Speaking at IFA’s 2016 Legal Symposium
National Labor Relations Board Member Phillip Miscimarra and U.S. Representative Bradley Byrne (AL-1) electrified the crowd of attorneys at IFA’s 2016 Legal Symposium this week with their respective speeches on the new joint employer standard and other problematic regulations.
Member Miscimarra’s captivating speech used a variety of diagrams stemming from his dissent in the bombshell Browning-Ferris Industries case, wherein the majority’s opinion upended the long-standing joint employer standard. Miscimarra’s primary point was the majority’s opinion in the case does not clearly define how new collective bargaining agreements will be made with clients of contractors and subcontractors. In his view, the nebulous nature of the standard does not provide guidance for many situations, like when a client no longer uses a contractors’ services, or if a new client joins an existing collective bargaining agreement relationship. This nebulousness results in widespread uncertainty for small business owners, who no longer know for sure if their contractual relationships are in compliance with the law.
Rep. Byrne began his speech speaking about unions’ influence on the current administrations executive agencies, citing the push for ‘card check’ legislation as evidence waning union membership is driving union leaders to seek extraordinary concessions. Furthermore, Rep. Byrne noted the importance of a balanced dialogue on the pros and cons of unionization in the context of the persuader rule, saying the current “playing field is imbalanced”. The persuader rule would make it much more difficult for small business owners to seek out advice on labor law and union matters and also damages attorney-client privilege, as well as limiting information available to employees considering unionization.
A co-sponsor of the Protecting Local Business Opportunity Act of 2016, Rep. Byrne spoke at length about the negative effect the revised joint employer standard will have on franchise small business growth. He also talked about his son, whose first job at a restaurant taught him more about the real world than four years of business school, and how overregulation kills opportunities for young people trying to get their first job on the path to upward mobility.
Regardless of who is in the White House next year, it should be encouraging for franchise businesses to know there are agency officials and members of Congress like Rep. Byrne who remain concerned and active in pushing back regulatory overreach which is suppressing businesses and individuals’ growth potential.