Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New Zealand plays host to Franchise meeting.

Media Release 7th June 2005

New Zealand plays host to Asia Pacific Franchise Confederation meeting.

Franchise specialists are congregating in Auckland today and tomorrow as New Zealand hosts the annual meeting of the Asia Pacific Franchise Confederation. The meeting, which brings together the representatives of franchise associations from around the region, is taking place in New Zealand for the first time since the APFC was formed in 1999.

"Franchising is a fast-growing business trend throughout the Asia Pacific region," says Simon Lord, Chairman of the Franchise Association of New Zealand which is hosting the event.

"China reports that it has over 1900 franchise systems - 400 more than the US - and the governments of Malaysia and Singapore offer special incentives for those looking to develop or purchase franchises systems. Such countries recognise the potential of franchising for upskilling their people using local capital and international expertise."

Countries sending delegates to the meeting include the major markets of China and India. There will be two major opportunities for local franchisors to interact with, learn from and promote to the APFC delegates during the meeting. Delegates will be making field visits to selected franchise operations, and will also be presenting national reports on franchising in their own countries in a session which will be open to Franchise Association members and invited guests.

'The APFC helps member countries to share information and ideas, and to assist in the development of common best practice throughout the region," says Simon Lord.

"Hosting the meeting in Auckland offers a great opportunity for New Zealand companies to explore their export potential. This applies not just to established franchise systems but also to companies which might wish to adopt a franchise model in their overseas expansion. Although the numbers involved are not large, the delegates will represent the centres of franchise knowledge within their own countries," he says.

The APFC meeting is supported by New Zealand Trade & Enterprise. 'Companies such as Fastway Couriers and CleanTastic have already demonstrated that good New Zealand franchise systems can compete globally, and last year a franchise trade mission from China demonstrated considerable interest in the potential of agriculturally-based franchises such as Ultra-Scan animal pregnancy testing,' says Simon Lord.

The APFC meeting will be followed by the National Franchise Conference being held this year in Taupo from 10-12 June. The conference, sponsored by The National Bank, is open to all those interested in franchising and franchise development and features a wide range of local and international speakers as well as practical workshops.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Reserve Bank: Policy Lessons From A Year Of Covid-19

The Reserve Bank of New Zealand – Te Pūtea Matua was in a sound position to continue to meet its mandate in the face of the COVID-19 induced economic shock. However, we must continue to transform so as to remain relevant and effective in addressing longer-term challenges, Reserve Bank Governor Adrian Orr said... More>>

Transport Industry Association: Feb 2021 New Vehicle Registrations Strongest On Record

Motor Industry Association Chief Executive David Crawford says that the February 2021 figures are the strongest for the month of February ever. Registrations of 12,358 were 8.0% up on February 2020. Year to date the market is up 7.1% (1,735 units) compared to the first two months of 2020... More>>

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>

OECD: Annual Inflation Picks Up To 1.5% In January 2021 While Euro Area Records Sharp Increase To 0.9%

Annual inflation in the OECD area picked up to 1.5% in January 2021, compared with 1.2% in December 2020. Following a rebound between December and January, the annual decline in energy prices was less pronounced in January (minus 3.9%) than in December... More>>

Hemp Industries Association: Could The Next Team NZ Boat Be Made Entirely Of Hemp?

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, nutritious hemp-infused foods and wearing high-performance hemp kit..? More>>

ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>