TL;DR
New Zealand is a potential location for franchise expansion due to its favorable business environment and lower contracting costs. The country has been listed by Edwards Global Services as one of the nations with the highest potential for franchising.
A recent article from Franchise Times makes the case that New Zealand is one of only a handful of nations to make the 2015 Edwards Global Services’ list of countries where franchising has the highest potential.
Despite its smaller size, New Zealand appears to be a superior bet for brands looking to expand Down Under. While the Times spotlighted Australia’s highly-regulated franchising environment, the news source quoted Transparency International as stating New Zealand has “less need for due diligence” and “lower contracting costs.”
While there are certainly less Kiwis to sell to than Australians, the country’s embrace of franchises puts in on par with the U.S. and Canada as a location for franchise potential.
In this story
This story was originally published in 1851 Franchise on April 8, 2015. Burnaze summarizes and links to the original reporting.
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