New Franchise Association in Costa Rica

Acofra, the Costa Rican Franchises Association, was created on February 3.

Friday, February 12, 2010

It aims to promote the franchising model in the country.

In a press release, its representative, José Andrés Masís, explained that the organization looks to connect franchisers, franchisees, consultants and suppliers of goods and services.

More on this topic

Boost to Franchises in Guatemala

May 2012

An agreement between the Guatemalan Chamber of Commerce and the Guatemalan Association of Franchising aims to promote the model in order to achieve growth by opening up new markets.

Aida Rios, president of the Guatemalan Association of Franchises (AGF in Spanish), said the support of the GCC will allow companies interested in franchising to compete in other countries, improve financing options and project their image at events.

Franchises in Guatemala

March 2011

Currently, 265 franchises operate nationwide of which 22% are in the Guatemalan capital.

According to information from the Guatemalan Association of Franchises (AGF), the 265 franchisees operate approximately 10.000 business units generating about 100 thousand jobs.

"According to information from consulting firm Francorp, the franchise offering is extensive, finding business opportunities ranging from U.S.

Costa Rica: Franchising, a Booming Business

May 2011

The growth and positioning of franchises in Costa Rica is encouraging more entrepreneurs to opt for this alternative.

The franchise model under which a company sells another company the use of its trademark and business concept, and which must be operated according to certain characteristics identified by the trademark owner, has gained strength in the country in recent years.

More Franchises to Come to Guatemala

March 2012

The Guatemalan Association of Franchises expects the arrival of six new franchises in the country, representing investments of $10 million.

This year six new franchises could come to Guatemala, where there are nearly 300 such companies, said Aída de Mancilla, president of the Guatemalan Association of Franchises (AGF).

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