Part 3. Trends and Industry Insights Flashcards
(11 cards)
Global certification for franchise professionals.
Introduced in the Philippines by Bing Limjoco.
Certified Franchise Executive (CFE) Program
Franchise Asia launched before
2012
co-founded the Asia Pacific Franchise
Confederation.
Francorp
AI Applications in Franchising
Improves customer service.
Reduces operational costs.
Enables data-driven decision-making
Personalization Benefits
Enhances customer loyalty and retention.
remain critical for brand
presence.
Physical Stores
supplements convenience but does
not replace physical outlets.
Technology
Attracts investors and facilitates international
brand growth.
Franchising for Global Expansion
Increasing consumer expenditure opens new franchise opportunities.
Pet Industry Growth
Growing sector with demand for strong
operational planning.
Home Service Franchising
Rising preference for independence and worklife balance.
Entrepreneurial Trends