The Franchise Gate welcomes its visitors at the Biban 23 forum, organized by the General Authority for Small and Medium Enterprises “Monsha’at” from March 9th to 13th at the Riyadh International Convention and Exhibition Center. It offers a range of activities and services aimed at increasing opportunities for the expansion of local and global franchise brands.
The gate aims to introduce the concept of business franchising and the services provided by the center, as well as to showcase investment opportunities for franchise brands globally and locally. Additionally, it seeks to build relationships with pertinent organizations in order to promote the Franchise System as a template for regional and international investment and growth. The gate seeks to promote the culture of business franchising, enhance the skills of franchisors and franchisees, and educate practitioners in the field.
This gate targets entrepreneurs interested in obtaining business franchises, investors looking for investment opportunities in the same field, and enterprises interested in expanding using the franchise business model. It also caters to stakeholders and relevant parties in the field.
The gate provides training, qualification, guidance, and other opportunities for visitors, including small and medium-sized enterprises and entrepreneurs in the franchise field. Triggering to make a substantial effect in the entrepreneurship world, allowing young people to explore investment opportunities, promote national brands' expansion, disseminate the culture of business franchising, foster the skills of franchisors and franchisees, introduce the Franchise Center and its role in supporting the sector, and connect stakeholders within the system.
The gate makes it possible for up-and-coming businesses to take use of the assistance offered by organizations within the franchise system through a variety of activities, including looking into potential investments, using the Franchise Center's services, attending workshops, and attending educational seminars on the industry. Via advising sessions, it also offers chances to gain from local and worldwide knowledge. The forum offers a variety of training courses that serve the sector's beneficiaries, including the experience of obtaining and building sustainable franchises. The gate also provides services in the field of brand evaluation, broker licensing, franchise manager service, the Tomoh program, brand showcasing service, as well as facilitating access to financing, amicable settlement, and franchise registration.
It's important to note that the Franchise Center facilitates access to franchise opportunities by connecting with 52 franchisors. By linking these franchise brands with entrepreneurs and investors. It contributes to the growth of the national economy in line with the goals of Saudi Vision 2030. Biban 23 forum aims to meet the aspirations of SMEs, entrepreneurs, and stimulate the entry of new enterprises into the market by promoting the culture of self-employment, entrepreneurship, initiative, and innovation.