HWCG Group Expands Operations

The Costa Rican company, which provides health services, is expanding operations to Mexico.

Thursday, October 28, 2010

With a one million dollar investment, starting December the company will initiate activities in Mexico City and Mexico State.

"The expansion of the HWCG Group includes the creation of 300 new jobs in Mexico and Costa Rica," according to an article in El Financiero´s website.

HWCG Group is the franchisee for Latin America of HomeWatch Caregivers.

More on this topic

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 Costa Rican Franchises

February 2010

Data from the Chamber of Commerce shows that franchises of Costa Rican origin increased 40.9% in the past four years.

According to the same study, out of the 150 franchises operating in the country, 14% are of Costa Rican origin.

"... 44% of the Costa Rican franchises belong to the food sector.

Markets for Exporting Franchises

October 2013

Only a few Latin American countries have a mature franchise market, creating an opportunity for other franchisors.

Experts agree on this, believing that Latin America represents a perfect market for expansion. Every year the industry generates about $80 million and consists of more than 5000 brands, reporting growth exceeding 10%.

Franchises Expanding in Panama

February 2012

Franchise operations in the country are planning new openings for this year, 2012, driven by economic growth.

Such is the case of Wing Zone Panama which has three restaurants in the country, and plans this year to open five new branches, said Adalberto Ferrer managing partner of the chain.

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