It seems Latin American entrepreneurs are turning to American franchises as a way to overcome their own domestic instability and grab a piece of the American dream.
The Latin American Herald Tribune has written an interesting story on the state of franchising in Central and South America on the back of last weekend's 4th annual Franchise Expo South. For those with the necessary funds looking for a new start in America, franchise ownership provides an instant foothold in the American economy.
Carlos Roberts, president of the Mexican Franchise Association told the paper that: "without doubt the system of franchises is the formula for getting set up in the United States. That is what we have seen now amid all the political and economic turbulence of our Latin American countries. The U.S. authorities are always looking for people who create new wealth, and the way to do that is with a successful business."
Again, this is a route that's only open to those with the economic means and the business acumen to succeed in franchising. But it's another example of the economic and personal freedom that franchising can provide.
Also, it's not too early to register for Expo South 2011.