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Political - in Asia after Hong Kong Singapore has an...

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Political-Legal Environment The key feature for Subway is “Franchise”. In Singapore, franchising Subway offers a fast and easy approach to entrepreneurship. Firstly, there are no specific laws governing franchising. Unlike some countries, there franchisors have to comply with disclosure and registrations before they may commence franchising. Secondly, franchising has become more and more popular in Singapore. The regulations on food preparations, licensing and franchising According to Hong Kong based Political and Economic Risk Consultancy (PERC), Singapore retained its ranking as the overall least risky country in Asia in the year 2007. In 2008, it is ranked as the second best judicial system
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Unformatted text preview: in Asia after Hong Kong. Singapore has an extremely transparent, sound and efficient legal system which is much appreciated by investors who want to set up business here. Subway has also been endorsed by the Singapore Health Promotion Board for its healthier choice alternatives. Investors who wished to franchise Subway, only need to be registered as a business or company with the Accounting & Corporate Regulatory (“ACRA”). The political environment includes all laws, government agencies, and lobbying groups that influence or restrict individuals or organizations in the society....
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