Australia’s franchise
arena is a big pull for overseas residents looking to buy a business to enter the country, with Chinese applicants the most keen on becoming franchisees, according to new research from 10 Thousand Feet.
The research company’s latest study into the recruitment and expansion practices of Australia’s franchise networks showed 35 percent of all enquiries from overseas residents came from Chinese nationals, followed by India and then South Africa.
Head of Intelligence at 10 Thousand Feet Ian Krawitz said “There has been a steady increase in interest in being a franchisee coming from Chinese residents looking to enter Australia on a business visa. The attractive lifestyle of Australia and the proven success of franchise models have lead to many Chinese residents applying to buy Australian franchises.†Read more.