Khalifa Fund launches ‘Franchise UAE’ online portal to enable entrepreneurs to buy and sell franchises

  • Date: 24-May-2023
  • Source: Emirates News Agency
  • Sector:Real Estate
  • Country:UAE
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Khalifa Fund launches ‘Franchise UAE’ online portal to enable entrepreneurs to buy and sell franchises

ABU DHABI, 24th May, 2023 (WAM) -- The Khalifa Fund for Enterprise Development has unveiled Franchise UAE, an online portal developed in collaboration with leading franchise company, Francorp. Serving as a comprehensive platform for all franchise-related services, Franchise UAE aims to facilitate inbound and outbound franchising, simplifying the process of buying and selling franchises for businesses.

The portal also offers valuable support services for both franchisors and franchisees in Abu Dhabi.

Franchise UAE caters to existing local businesses seeking franchise development and aspiring entrepreneurs looking to invest in established business concepts. It comprises two main streams: one stream assists businesses in the buying and selling process of a franchise, while the other encompasses two phases. Phase 1 includes a franchisability quiz, FRA Survey & Quiz, and FRA Audit Report, while phase 2 offers the Franchise Development Programme. This comprehensive service enables businesses to launch sales and marketing campaigns, establish comprehensive franchise programmes, and effectively recruit, train, and support franchisees.

Alia Al Mazrouei, CEO of Khalifa Fund, highlighted the significance of Franchise UAE, stating, "The launch of Franchise UAE is a crucial milestone in the growth and development of franchising in Abu Dhabi. The platform will play a pivotal role in promoting inbound and