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News Release from: Global Sources | Subject: Franchising China Conference and Exhibition
Edited by the Electronicstalk Editorial
Team on 02 November 2005
Conference promotes franchises in China
Global Sources' eighth annual 'Franchising China Conference and Exhibition' was held recently in Beijing, with more than 100 top franchise businesses participating, including Office 1, Subway and TNT.
Global Sources' eighth annual 'Franchising China Conference and Exhibition' was held recently in Beijing, with more than 100 top franchise businesses participating, including Office 1, Subway and TNT The event also will be held in Guangzhou on the 3rd and 4th November 2005, and on the 7th and 8th November in Shanghai
This article was originally published on Electronicstalk on 8 Nov 2005 at 8.00am (UK)
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Franchise opportunities, including food and beverage, furniture, education, automotive and business services were on display.
International Franchising Association (IFA) Chairman Richard Rennick gave the keynote speech at the opening ceremony.
Rennick said: "Expanding franchising throughout China is a strategy that will provide long-lasting economic benefits".
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"The IFA's Educational Foundation estimates that the franchise business model is used in at least 75 industries including health care services, restaurants, retail, automobile services, education and printing".
"We believe that there are very few businesses that cannot use the franchising business model".
Franchising China is the only franchising event in China endorsed by the IFA, which represents more than 1000 franchise systems, 8000 franchisees and nearly 400 suppliers of related goods and services.
Franchising China is hosted by the joint venture between Global Sources and CMP Media.
Joint venture President Mark Saunderson said: "With 305 booths, this year's Franchising China is the biggest ever - up by more than 10% from 2004".
"The event continues to attract many new exhibitors planning to expand into China".
""Last year's exhibition attracted 20,300 prospective investors".
"We expect even more entrepreneurs at this event".
Visiting entrepreneurs can attend free Franchising Opportunity Seminars to find out more about specific products and franchisers.
In Beijing, exhibitors hosting seminars included Century 21, Corneil English, GreenTree Hotel, UNISEC Laundry and Value Source Houseware.
In Guangzhou, seminar hosts include Advanced Learning Systems, Beijing Daren Keji, C-Store Chain Ltd, Dicos, Tayohya Home Furnishings and TNT.
In Shanghai, seminars will be presented by Dyna Moulin Foods, Faegre and Benson, JaneHome Daily Commodity, Quickcuts and Stonegrill.
Conferences at the event aim to help entrepreneurs understand how to maximise the efficiency and profitability of operating a franchise business in China.
Sessions will be hosted by executives from the International Franchise Association, Corneil and TNT.
Speakers will address three main subject areas - legal, operations and franchise investment.
Topics include franchising fundamentals, building a healthy franchising system, and how to sign a fair franchising contract.
Chief Executive China - the largest audited international business magazine in China - and its online companion Chief Executive China Online, are the official media of Franchising China.
Chief Executive China publisher Craig Pepples, said: "Chief Executive China magazine and website bring world class business ideas and management techniques to more than 700,000 of China's business executives".
"It is a natural fit to bring Franchising China together with a publication and a website all aiming to give the China market the best business opportunities and the best business education".
Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China.
In mainland China, Global Sources has a 24-year track record and more than 1300 team members in 44 locations.
Its services are backed by 35 years' experience as a trade magazine publisher, 14 years as an organiser of trade shows, and 10 years as an online marketplace operator.
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