Franchises

User Generated

naumd

Economics

Description

Take a look at U.S. Franchises available in Saudi Arabia. What strikes you about the franchises listed at this website ( http://www.franchisedirect.com/internationalfranchises/saudi-arabia/183/) ? Why do you think they are successful in Saudi Arabia? What risks might be involved with establishing a franchise in Saudi Arabia?

Directions:

Your well-written paper should meet the following requirements:

- Be 6 pages in length, not including the cover or reference pages.

- include introduction and conclusion for the paper

- Formatted according to APA writing guidelines.

- Be sure to use at least 3 current, scholarly references those published within the most recent five-year period and scholarly sources are those from peer-reviewed journals other than the required reading articles above.

- Citing references as appropriate in each paragraph. *** very important***

- Utilize headings to organize the content in your work. *** very important***

- The plagiarism percentage allowed is 20% only, i will be checking it using TurnItIn.

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Explanation & Answer

Hi, kindly find attached

Running head: US FRANCHISES IN SAUDI ARABIA
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US franchises in Saudi Arabia
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US FRANCHISES IN SAUDI ARABIA

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Introduction
Saudi Arabia is one of the fast-growing nations within the Gulf region regarding
economics. The nation has an average of 32 million residents which constitutes a fifth of US
population. According to statistics, Saudi Arabia grows at an average rate of 1.46% annually. The
nation has become one of the largest retail markets for many countries across the globe. Most of
the nations mainly focus on restaurants, food, beverage and retail sectors. Since 1970 Saudi Arabia
has become a common market for retailers in both food and non-food sectors (Niblock, 2015).
However, many nations often feel insecure when dealing with Islamic nations due to
frequent disasters such war. The country has recently become a source of attraction to investors
due to its high per capita GDP. According to the list of franchises on the website, it is important to
note that most of the franchises deal with food and fitness services ((Niblock, 2015). Besides,
almost all the franchises are retail companies which focus on improving the welfare of nationalities
within the country. Almost all the franchises offer training to employees who are interested in
working with them.
Saudi Arabia provides investors with the best opportunity to expand their businesses.
However, the biggest challenge is how to navigate into the Islamic countries market. Many
researchers have conducted studies on the various legal frameworks which are necessary to
penetrate into the countries market ( Omran & Dandan, 2016). Navigating into the countries
market requires an investors understanding of the common business trend which is acceptable
according to the nation's culture. This paper focuses on the various factors which enhance the
success of a franchise in Saudi Arabia. Besides, the various risks which are involved in establishing
a franchise are also therein.

US FRANCHISES IN SAUDI ARABIA

3

Reasons for the success of the franchises
The success of a franchise in Saudi Arabia requires adherence to the various legal
legislations articulated in the countries legal framework. All the franchises listed on the...


Anonymous
Awesome! Perfect study aid.

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