Lao Foreign Franchise Company (LFFC) has positioned itself to be a Master Franchisor in Laos for several franchise firms. As an agency franchise business, LFFC will partner to bring world-renowned franchises to Laos. LFFC plans to use its existing contacts and the customer base of Savan Vegas to generate both short- and long-term business. LFFC’s long-term profitability is based on a seamless working relationship with the Lao Government to obtain Master Franchisor rights for international brands. These franchise rights are being obtained through strategic alliances and a comprehensive marketing program.
As the Master Franchisor, LFFC is responsible for appointing individual franchisees within Laos. Other franchisors, such as McDonald’s, KFC, and Pizza Hut, have adopted this system throughout the world; and, the expansion into Laos is a natural fit given the current economic growth in the country.