Despite Reduced Purchasing Power, Franchise Industry Still Grows Fast

By : Ridwan And Aldi Firhand. A | Friday, November 17 2017 - 18:45 IWST

Franchise Industry Supports National Economic Growth (Photo Ridwan)
Franchise Industry Supports National Economic Growth (Photo Ridwan)

INDUSTRY.co.id - Jakarta - the Indonesian Franchise Association (AFI), the food and beverage franchise business will continue to grow despite the decreasing purchasing power of the people.

"The franchise industry in Indonesia is still going to continue to grow and increase rapidly, as long as people still prefer to eat and eat," said Chairman of AFI, Anang Sukendar in Jakarta (17/11/2017).

However, continued Anang, there are still many areas that must be repaired to be perfect. "I hope the young people of Indonesia can capture the potential that is so great to perfect his business," he explained.

Furthermore, he revealed, no doubt the weakening of purchasing power does occur in the industry. In particular, in the retail industry. The number of online-based stores (online) has eroded the retail market.

However, firmly Anang, it does not apply in the food franchise industry. With the online technology, the food industry is flooded with consumers.

"Although the retail is weakening because it is online, but if the food may increase, now there are Grab Go-Jek, every time it can order food, so that improves," he added.

Currently, Anang also added many young entrepreneurs who have started to explore this business. It is also believed he will boost the growth of the food franchise business.

"If you can say in culinary still a lot, if in other fields I do not know baseball, but I say that in culinary, food is still a lot," he closed.

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