Franchise expo provides business opportunities
Franchise expo provides business opportunities
Eva C. Komandjaja, The Jakarta Post, Jakarta
Dozens of foreign and locally franchised businesses are
holding a three-day franchise expo to seek partnerships with
local businesspeople to provide business opportunities and to
promote the growth of locally franchised businesses.
The expo, titled "Franchise and Business Opportunities in
Indonesia," is being held at the Jakarta Convention Center, South
Jakarta, from Nov. 6.
It is supported by the Indonesian Franchise Association (AFI)
and the Indonesian Retailers Association (APRINDO) in association
with Panorama Convex.
"Around 60 percent of the companies participating in the expo
are foreign franchisers, while the rest are local," said Rocky
Kalalo from Panorama Convex. The overseas companies are from
Singapore, Australia, Germany, Libya and the United States.
Seventy-eight companies are participating in the expo,
offering a wide range of business opportunities, from automotive
to education.
Many well-known names are offering franchises at the expo,
including Hartz Chicken Buffet, English First, Santika Hotel,
Alfa Minimarket, Buana Bakery and The British Institute.
"From the various business lines offered at the expo, visitors
can choose which would be suitable for them," said Hafizh Daniel,
a project coordinator from Panorama Convex.
Several other companies are also offering unusual business
lines as franchises, such as security, by Australian Professional
Bodyguard, storage, by Howard Storage World, and food seasoning
by Magfood.
"Right now is the perfect time to start your own business,
especially with a stable exchange rate. You can start with as
little as Rp 50 million (about US$5,917) to begin your own
business," said Anang Sukandar, chairman of AFI.
He added that it was better to choose a franchise business
that already had a minimum of five years' experience and had
well-known brands, so the franchiser would know about the basics
of franchising, and everything, including safety, would be
guaranteed.
Anang also said that at present there were approximately 232
foreign and 47 locally franchised businesses, of which 50 percent
were based on the food and beverage industry.
Besides the expo, there is a seminar about franchised business
opportunities, and also an event titled "Business Matching,"
which provides free consultation from experts to help investors
in making decisions.