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July 1, 2004
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FOR IMMEDIATE RELEASE |
Contact: Ed Teixeira
631-246-5782 |
FranchiseKnowHow Enters China Franchise Market
Opens Offices in China
Stony Brook, N.Y.----FranchiseKnowHow, LLC announces the opening of
offices in Beijing and Guangdong, China. FranchiseKnowHow will have the
opportunity to participate in what could become one of the largest
franchise markets in the world.
According to Ed Teixeira, President of FranchiseKnowHow, “China affords
an exciting opportunity for U.S. franchise companies to enter a major
market with services and products not readily available to the Chinese
people. China is expected to experience unprecedented growth in the
franchising sector in the years ahead. This growth will be encouraged,
in part by the Chinese Government, and fueled by the world’s fastest
growing economy.”
The FranchiseKnowHow operation in China will be operated by Ms. Fay Deng
who has been actively involved in franchising in China during the past
several years. FranchiseKnowHow will focus its activities on matching
Chinese investors with qualified American franchisors and to consult
with existing Chinese companies who look to franchising as their
business model.
The Chinese Government is encouraging franchise growth in selected areas
by providing tax breaks and even free locations in selected markets.
Sectors such as auto-aftermarket, c-stores, cosmetics, pharmacies and
certain fast food products expect to lead the franchising segment in
popularity.
FranchiseKnowHow, LLC is a franchise consulting firm which provides
strategic solutions to franchisors, engages in international franchising
and licensing and enables start-up franchisors.
To learn more about FranchiseKnowHow visit our web-site at
www.franchiseknowhow.com
Contact: Ed Teixeira: 631-246-5782
Email: ed@franchiseknowhow.com
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