Bangladesh Franchise Association. Start to read the Tips to Do Business in Bangladesh guide for professionals. And get information about Jobs in Bangladesh and Asia and employment news. In Bangladesh franchises are predominant in the sectors of fast food retailers, shops and drinks. Franchising in Bangladesh is considered to be a very sophisticated method of strategic alliances without exposing the franchisor to local regulatory authorities.As such, franchising and franchises agreements require very careful arrangements and drafting along with a validity of it under local regulatory regime. In addition franchising agreements are continuously evolving in line with market dynamism and franchisor specific underlying management and quality control methodology. Please also come to visit our popular Franchise Opportunities in Bangladesh Blog Site with Videos, where you can Find, Offer or Search for more Franchise Information and Business Opportunities in Bangladesh.
Bangladesh Franchising Business
A Bangladesh Franchising Business Advisors Says: In Bangladesh we see a numerous types of business and also numerous brand names. As a developing country we can hardly consume the most updated product from branded companies. International trade especially franchising helps in this respect by serving different reputed branded product at our doors. While working with our Franchising companies we have found many points that must be noted. In our country we do not have any established law about franchising. Besides, there is no separate governing body that regulates these sorts of businesses. So, here the franchisees have to bind with each and every term and conditions set by the franchisor. On the mirror view the franchisor may faces a lot of risks while they permit for franchising here. Often different companies are seemed to contract for everything but violets some major principles set by the franchisor. Sometimes they sacrifices quality, size of the product to earn higher return. Sometimes franchises cares very little about the franchisors’ reputation. But reputation or brand is one of the most important assets for the franchisors. This all happen because of the lack of our legal guidance.
Bangladesh Franchising Opportunity Today
The Bangladeshi Government need to create a friendly environment for franchising business. Bangladesh business also needs to encourage and maintain the good image of franchise industry and to encourage ethical business practice and support the government’s effort to encourage the active involvement of franchise business in Bangladesh economy. It should coordinate the existing facilities and infrastructure for the development of Franchise at national, regional and international level. Bangladesh Franchise Association seems not to have a workable website at the moment, at least we were not able to find one today mid February 2015. We have found a domain name franchise-bd.com but an actual website seems not to be available. There is also no information to be found on social media.
Bangladesh Franchise Association
57 D.O.H.S (old)
Dhaka – 1206
Tel: (+
Contact: Mr Rukunuddin Ahmed
Email: [email protected]