Interview With Stephen Anderson from US Commercial Service

www.franchisedirect.ie The US franchise industry is a .5 trillion industry and figures estimate that 1 in every 7 Americans works in a franchise. The franchise industry is also extremely active internationally and almost 20% of the franchises in the US are looking for international markets. The agency assists small and medium sized enterprises across the US export overseas. In particular, the agency works with US franchises who wish to develop their franchise operation outside of the US. Stephen explains to Lillie how the agency are looking for Irish entrepreneurs who are looking to expand some of the US’s biggest brands into the Irish market in the form of a master franchise opportunity. Master franchises, which secure the individual the operating rights to a certain territory, in this instance, Ireland, can cost the individual between 0000 – 0000 in the form of a franchise fee. There can also be the typical business start up fees, as well as royalty and marketing fees. Ireland is regarded as a doorway to Europe for many franchises across the US, and the market is very favourable for Irish entrepreneurs looking to start their own chain of well-known franchises. www.franchisedirect.ie Theopinions expressed in this video are those of the interviewees and do not reflect the views of Franchise Direct (McGarry Internet). As every business situation is different, any information conveyed in this video is not intended by Franchise Direct to be relied upon by the viewer …
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