Discusses opportunities for U.S. franchisers and legal requirements in the market.
While not yet common, franchising has grown rapidly in recent years.  Early participants in the petroleum retail and distribution sector, as well as those involved with fast food outlets, such as KFC, Burger King, Pizza Hut, Quiznos, Church’s Chicken, Dairy Queen, Pollo Tropical, Bruster’s Ice Cream, and Popeyes, have experienced some success.  MoneyGram and Western Union also operate numerous branches that facilitate remittances from Guyanese living or working abroad.  The high degree of brand recognition makes the successful introduction of U.S. products and services to Guyana, through franchising, a good opportunity.  Potential franchise investors, however, should carefully assess the ability of local producers to meet quality standards for locally-sourced products.

The International Franchise Association provides information on opening franchises.
            International Franchise Association
            1350 New York Avenue, Suite 900
            Washington, DC 20005
            202-628-8000
 
The Federal Trade Commission provides consumer information on purchasing a franchise.
            Federal Trade Commission Regional Office
            150 William Street, Suite 1300
            New York, NY 10038
            212-264-1207

 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.