International Business - Franchising in Costa Rica?
If you've ever toured Costa Rica, you know it is one of the most beautiful countries in the world, and I cannot think of a more fun place to cruise a motorcycle all around Costa Rica. Luckily, it is a lot safer than it has been in prior decades. Now many Americans are discovering this country, and are now moving there to retire. With all these Americans coming in and bringing their money, there have been significant gains in the country's GDP and employment rates, and that is a good thing.
So, good in fact it brings me to my next comment. And that is a US Based franchise concept there could do well and since the labor is less expensive and there are far fewer regulations it would really be easy to do and a nice place to do business. As a former Franchisor Founder, indeed, I have looked into it before, but I am retired now. Still, the value of doing business there and riding up on the increasing tide of prosperity has opportunity written all over it.
There are many "franchise concepts" that would do well there and probably a lot better than most emerging markets with similar demographics, and with the incredible growth in GDP it really makes sense now. Indeed, I have a few franchise business models in mind that could kick butt in Costa Rica. But one doesn't have to search very far in online franchise directories to note all the possible types of businesses that would be a no-brainer in Costa Rica right now.
Because with the increased American Population so too comes American consumer taste, and that is where franchisors have a huge advantage, and thus, it is something you might wish to think about, so please consider this.
Lance Winslow enjoys community philanthropy - Lance Winslow likes small business. Lance Winslow has also been involved in the Oil Industry; http://www.oilchangeguys.com/aboutus.shtml/.
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