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FLAsia 2023’s theme “Breaking Barriers with Franchising: Paving the Way for Aspiring Entrepreneurs & Global-Ready Brands” embodies the entrepreneurial spirit that drives the franchising industry forward. Gain valuable insights from industry experts on overcoming obstacles and emerging trends in the global franchising market, building a successful franchise business, adapting to new technologies, and more. Don’t miss this opportunity to learn from thought leaders and industry experts to drive your entrepreneurial ventures and global-ready brands to success.
All fees are in Singapore dollars and exclusive of 8% GST.
Time (SGT) | Thursday, 17 August 2023 |
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10:15 – 10:30 | Opening AddressSpeaker: Dickson Low, President, Franchising & Licensing Association Singapore Minister’s Welcome Address |
10:30 – 10:40 | Memorandum of Understanding (MOU) Signing Ceremony between Franchising and Licensing Association (Singapore) and Singapore Indian Chamber of Commerce & Industry Memorandum of Understanding (MOU) Signing Ceremony between Franchising and Licensing Association (Singapore) and SGTUFF Co-operative Limited |
10:40 – 10:50 | Acknowledgement of the World Franchise Council (WFC) Member Associations and Appreciation to the other Supporting Organisations |
10:50 – 11:50 | BREAKING BARRIERS WITH FRANCHISING – PAVING THE WAY FOR ASPIRING ENTREPRENEURS & GLOBAL-READY BRANDSPanel DiscussionThis session aims to offer insights into the rapidly evolving franchising industry in Asia by exploring a wide range of topics, including: – Current challenges and opportunities for franchisors and franchisees in the region – The impact of digital technologies on the industry – Changing customer preferences and their effects on franchising – Evolving regulatory environments and their implications for franchise operations – Emerging market trends that will shape the future of franchising in Asia Moderator: Albert Kong, Founder & CEO, Asiawide Franchise Consultants, Singapore Panellists:
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11:50 – 12:50 | FRESH! BRANDS SHOWCASE |
LUNCH | |
13:50 – 14:50 | UNLOCKING THE POTENTIAL AND LEGALITIES OF BRAND LICENSINGPanel DiscussionBrand licensing can be a powerful tool for businesses seeking strategic growth and enhanced presence. Licensors can leverage their established brand reputation, while licensees can differentiate their product offerings and gain a competitive advantage. However, navigating the legal aspects of brand licensing is crucial. Contractual agreements, intellectual property rights, royalty fees, territorial restrictions, and quality control are essential elements to consider. By properly addressing these legal aspects, businesses can ensure their mutual interests are safeguarded. The expert panel will provide insights on how to leverage brand licensing for business potential while mitigating legal challenges. Moderator: Paul McClelland, Faculty Member, IP Academy, IPOS International (Subsidiary of IPOS) Panellists: |
14:50 – 15:50 | THE FRANCHISING LANDSCAPE IN SINGAPOREPanel DiscussionThis session aims to allow potential franchisees and aspiring entrepreneurs to have a deeper understanding of the current franchising trend in Singapore, as well as discuss what and how current franchisees can expand their businesses in Singapore and beyond. Moderator: Wendy Foo, Founder & Managing Director, Ryan’s Grocery and Ryan’s Kitchen Panellists: |
15:50 – 16:50 | SHARING SUCCESS STORIES BY INTERNATIONAL FRANCHISE OWNERSThis session will feature successful international franchise businesses, providing insight into its franchise model, growth strategy, and best practices for success in Singapore. Hear directly from franchise owners, who have overcome challenges during their start-up and has valuable experience to share. Speakers: |
16:50 – 16:55 | Closing Remarks |
END |
NOTE: The conference schedule and speakers are subject to change without prior notice.
Time (SGT) | Friday, 18 August 2023 |
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10:00 – 10:05 | Opening Remarks |
10:05 – 11:05 | TIPS FOR BUILDING STRONG AND POSITIVE RELATIONSHIPS BETWEEN FRANCHISEES AND FRANCHISORSPanel DiscussionThis session will delve into the dynamics of the franchisor-franchisee relationship, with a focus on the level of support provided by the franchisor in areas such as marketing, promotion, and standard operating procedures. It will also address the issue of some franchisees feeling they are not getting a fair deal during contract negotiation and how they can conduct thorough research to ensure a smoother journey and stronger relationship with their franchisors. Moderator: Hsien Naidu, Founder, Astreem Consulting Panellists: |
11:05 – 12:05 | FINANCING AND FUNDING OPTIONS FOR FRANCHISESPanel DiscussionThis session will focus on financing and funding options available for franchises, covering a range of methods including traditional bank loans, alternative financing options, and crowdfunding. Moderator: Tay Hui Yen, Relationship Manager, Ethoz Capital Ltd Panellists: |
12:05 – 12:50 | FRESH! BRANDS SHOWCASE |
LUNCH | |
14:05 – 15:05 |
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15:05 – 16:05 |
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16:05 – 17:05 | ESSENTIAL FACTORS TO CONSIDER WHEN STARTING A FRANCHISE BUSINESSPanel DiscussionIn this session, franchise consultants and advisors will provide valuable insights into franchise consulting, site selection, and legal and financial considerations for individuals interested in starting a franchise. The panellists will discuss important factors such as franchise fees and ongoing costs, support and training, financial viability, growth potential, and exit strategies, among others. Moderator: Wong Liang Kok, Senior Director, Tan Peng Chin LLC Panellists: |
17:05 – 17:10 | Closing Remarks |
END |
NOTE: The conference schedule and speakers are subject to change without prior notice.
WORKSHOP I : HOW TO INVEST IN THE RIGHT FRANCHISE10:00 – 12:00 | |
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10:00 – 12:00 | Franchising remains a popular method for companies to expand and for individuals to become business owners. However, success is not guaranteed. This session emphasizes the importance of thorough research for prospective franchisees before signing a franchise agreement. Existing franchisors can also gain valuable insight from the franchisee’s perspective and adjust their franchise package accordingly. Key Takeaways:
Conducted by: |
LUNCH | |
WORKSHOP II : BUILDING YOUR FRANCHISE SUCCESS CODE13:00 – 14:30 | |
13:00 – 14:30 |
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COFFEE BREAK | |
WORKSHOP III : HOW TO PREPARE YOURSELF AS A FRANCHISEE 14:30 – 16:00 | |
14:30 – 16:00 |
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