U.S. Franchises Enjoying New Growth Abroad

CNN Small Business reports that U.S. franchises are enjoying newfound interest and success abroad, as the hard-hit U.S. economy has made domestic expansion harder.  U.S. franchises are growing decidedly faster abroad than they are in the United States, where growth was flat at best between 2010 and 2012.

At the franchise expo in New York City this year, one fifth of attendees were from foreign countries, including Kuwait, Peru, Bangladesh, China, and the United Arab Emirates.

The increased interest and opportunity for growth has allowed U.S. franchises to demand more favorable terms from franchisees, as well, such as requiring them to open multiple units.

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