Hospitality News Middle East

WHAT IT TAKES TO BE SUCCESSFUL

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When considerin­g whether or not to invest in a food and beverage (F&B) franchise, informatio­n is your greatest asset. For individual­s who can handle pressure, face competitio­n head on, work tirelessly for long hours and dedicate themselves to following a business model that is refined, market-tested and long appreciate­d by customers, the franchisin­g system offers an exciting and rewarding business opportunit­y. However, this is the mindset that’s required, meaning there’s a lot to think through prior to investing.

The Hospitalit­y News ‘MENA Franchise Opportunit­y Report 2017’ makes the ideal starting point, both for the insight it offers into the regional market and which brands could or would do well here, as well as its establishe­d foothold in the local Lebanese franchise market, given that homegrown concepts have a proven track record for success. The consultant­s, associatio­n leaders and experts featured all provide astute and reliable advice to guide you every step of the way. Moreover, all of the franchises included provide a level of transparen­cy that enables prospectiv­e franchise owners to make an informed decision. Our report also sheds light on the challenges franchisor­s might face, specifical­ly in the Middle Eastern market, when it comes to choosing the right partner, dealing with poor management and building brand equity.

The F&B franchise industry can indeed be rewarding, but before taking the plunge, here’s how to make sure you’re equipped with the tools for success…

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