Empowering SMEs through Commercial Franchising Recognizing the importance of expanding and strengthening small and medium enterprises (SMEs) for regional and global markets, the Small and Medium Enterprises Development Authority has launched a series of qualifying programs to support businesses in achieving international standards and procedures for commercial franchising. To ensure continued access to development resources, an electronic information page has been established on the Authority’s website, serving as a comprehensive reference for SMEs interested in franchising opportunities

A franchise is a business arrangement in which an existing project or trademark grants a license to a second party, allowing them to operate under the same brand name. This may include: Manufacturing Distribution Production Sales A combination of these elements In exchange, the primary brand (franchisor) receives a percentage of profits, revenues, or a fixed value, as defined within a specific geographical area and for a pre-determined period. The licensee is referred to as the franchisee.