Franchising – A Catalyst for Economic Development
There are strong and opposing views in the Barbadian business community over the granting of a licence to open a franchise of the American fast food chain Subway in Barbados. Some members of the business community object to Subway setting up shop citing the threat of job security during an economic recession as one reason.
Nevertheless, Barbadians like several of their CARICOM neighbours are no strangers to including fast food in their diet. Indeed, over the years a number of well know outlets have sought to make their stake on the local market only to pull up stakes shortly thereafter.
Yet many view franchising as an attractive investment option, since a few Barbadian entrepreneurs outside of the food industry have franchised their operations across the region and beyond and continue to reap success.
The Barbados Chamber of Commerce & Industry is facilitating discussion between the differing viewpoints with a Special Presentation from Mr. Mario Sabga-Aboud, Chairman, Pizza Boys Group of Companies as he addresses the topic ‘Franchising – A Catalyst for Economic Development’ creating opportunities for a very enlightening and stimulating dialogue on Wednesday, 30 September 2009 at 12 noon at Hilton Barbados.
Contact the Chamber to make your reservations now, seating is limited.
Barbados Chamber of Commerce and Industry
Tel: (246) 620-4750
Fax: (246) 620-2907