Local Franchise Product Development Programme

Introduction

Local Franchise Product Development Program (PPFT) is a program which aims to help local Bumiputera entrepreneurs who have a business or a local product that is able to be developed through the franchise system.

Through this program, qualified operators will be guided from the initial stage to the prototype outlet opening, with the cost of consultation fees are fully funded by the Ministry of Domestic Trade, Cooperatives and Consumerism (KPDNKK).

Scope of Product Development

Product development applications may be considered if it is through the following methods:

  • From the original scratch
  • Business potential franchise
  • Products available for conversion into franchise’s product
  • Collaboration between PNS and potential business

Duration and Development Phase of Product

Duration to franchise a business is about 7-10 months. Development phases are as follows:

  • Preparation of proposals for franchise business screening
  • Preparation of the franchise concept
  • Research prototype
  • Development of franchise package
  • Registration as a franchisor
  • Creation of franchisees

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