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Franchise system is highly inimitable businesses that allow personage entrepreneurs to benefit on the brand name and business systems produced by a third party. If you are new to business; then initiating a franchise or buying an existing one may be in your best advantage. An added benefit to working within the boundaries of this system is that many companies support entrepreneurs to found or acquire subsequent locations. There are many awfully victorious business people that have built their fortunes by working solely with franchised businesses. Moreover, among well known businesses, the breakdown rates of franchises are really low as compared to new business ventures. All this has made the Franchise system a step that needs to be taken care of thoroughly.


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Franchise system is all about making high sources for establishing the business to a satisfactory level by applying necessary strategies and focused plans.


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Rising labor costs, changes in regulation pose challenges





A worker assembles a transmission at a plant for Germany-based Audi AG in North China's Tianjin on August 22. Audi opened the new plant to make trasmissions for its locally produced vehicles. Photo: CFP




German companies in China viewed "2016 as one of the most economically difficult of recent years" due to rising labor costs and a shortage of talent, according to a survey released on Tuesday Donne Nike Air Max 270 Coral Stardust Scontate , which urges more liberalization in the market.


Based on a survey conducted by the German Chamber of Commerce in China, German firms in the country evaluate their financial performances more cautiously than before. In addition, a third of the 426 respondents feel less welcome in China than before and their intentions to invest in new locations within the country have reached a three-year low.


China's progress in opening up its market has been slowing down and an increasing number of German companies have been reporting difficulties in running businesses in the country, German Ambassador to China Michael Clauss told a press briefing in Beijing on Tuesday.


"High investment barriers remain for foreign companies," he said Uomo Nike Air Max 270 Camo Heel Scontate , noting that establishing joint ventures with Chinese partners is a must and that protectionism has been rising, like other places around the world.


From January to September, Chinese companies' mergers and acquisitions (M&As) volume in the EU reached 11 billion euros, but the EU's M&As in China only hit 500 million euros during the same period, Clauss noted. "There is certainly a gap Uomo Nike Air Max 270 Bianche Volt Scontate ," he said.


However, 89 percent of the German companies surveyed said they have no plans to leave China within a year, and that the market continues to have high significance for them.


Rising costs

German companies are not the only ones facing rising labor costs, so do many Chinese companies, said Wang Jun Uomo Nike Air Max 270 Ultramarine Scontate , deputy director of the Department of Information at the China Center for International Economic Exchanges.


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