Entrepreneur

How International Franchisors Are Making a Name for Themselves in the U.S.

Overcoming cultural and legal differences to stake a claim in the U.S.

Justin Gibson was in Germany finishing up a study-abroad program in 2006 when he decided to do a little gift shopping. The Ph.D. candidate in economics was wandering around the west-central town of Giessen when he found himself in his dream gourmet store, stocked with glass balloons of specialty liqueurs; oak casks of aged Scotch; stoneware crocks of artisanal fruit-wine and balsamic vinegars; and olive and nut oils. Best of all, the employees urged him to sample everything.

"The guy inside the store kept asking me to try one of the vinegars, and I kept turning him down," Gibson says. "But then I tried it. That taste of vinegar changed my life--I couldn't imagine vinegar could taste like that." It was a one-of-a-kind retail experience, he thought--until he saw the pile of franchising brochures. It turned out he was in a ("from the cask" in German), one of the country's largest franchises, with more than 170 locations in Germany, Austria and

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur4 min read
Daiso Industries Co., Ltd.
According to the latest Global Innovation Index (GII), Japan is the 13th most innovative country in the world and the fourth most in its region. Dubbed a ‘world innovation leader’ in the 2023 GII, Japan ranks as part of a select few high-income count
Entrepreneur2 min read
Nippon Rent-A-Car
Japan’s economy will pick up pace in 2024, according to the Economist Intelligence Unit – echoing widespread optimism about the world’s third-largest economy. Tourism is one of many sectors rebounding after the covid-19 pandemic, with inbound visitor
Entrepreneur5 min readCorporate Finance
How to Build the Next Huge Thing
Want to start, fund, and sell a major company? Spencer Rascoff has some advice on that—because he’s seen it from all sides. As a founder, he first cofounded the travel-booking site Hotwire, which he sold to Expedia. He then cofounded Zillow, which he

Related Books & Audiobooks