An alternative to starting your own business from scratch is franchising. Franchising is not a “form” of business, but is a method or system where companies (franchisees) are granted the right to operate a business according to a special contract with a parent organisation (franchisors). The franchise system is incorporated under the Franchise Act 1998.
Franchise System
A Franchise System refers to a contract signed between two or more parties in which the franchisor gives the right to the franchisee including the master franchisee to operate business that is similar to the one initially started by him. To run a business base on the franchise system you have to register with the Registrar of Franchise, Ministry of Entrepreneur and Co-operative Development.
A Franchise System refers to a contract signed between two or more parties in which the franchisor gives the right to the franchisee including the master franchisee to operate business that is similar to the one initially started by him. To run a business base on the franchise system you have to register with the Registrar of Franchise, Ministry of Entrepreneur and Co-operative Development.
The following websites provide further information with regard to franchising:
Malaysian Franchise Association
Malaysia Franchises for Sale
Kementerian Pembangunan Usahawan dan Koperasi
Perbadanan Nasional Berhad
Franchise.OrgFranchise.Com
Franchise Opportunities
British Franchise Association
Franchise DirectCanadian Franchise Association
Franchise Council of Australia Entrepreneur.Com
Franchise Times
Franchise Acts 1998
Franchisor, Franchisee, Master Franchise
What is Franchising
Franchise or Business Opportunity
Malaysian Franchaise Association
Franchise Development Programme
Franchise Training Programme
Franchise Financing Scheme
Franchise Development Assistance Scheme
Perbadanan Nasional Berhad (PNS)'s Investment and Financing
Franchise International Malaysia's International Exhibition
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