Small Business News from Gaebler.com:
Although the deep economic downturn in America has taken a toll on opportunities for franchising, news from the Wall Street Journal indicates that the franchising of U.S. brands is actually thriving internationally.
McDonald’s, for example, has opened 286 international units this year to date, compared to 53 in the U.S., the Journal reported.
The move to international franchising is largely a result of the saturated American market, the country’s tightened credit, and the trend of international franchisers funding the operation themselves as opposed to relying on bank loans, which is typically the case in the U.S., according to the news provider.