Abdul Latif Jameel Community Services Programs (ALJCSP) has launched a new franchising support program, which is aimed to create new job avenues by identifying franchising opportunities from international and local companies.
ALJ Small Business Fund will support potential franchisees. Saleh Yahya Mohanshe received a loan from Bab Rizq Jameel Franchising Program to start his own ‘7 Car Wash Arabia’ outlet. Bab Rizq Jameel Franchising Program supports Saleh, who likes car-washing business, with a loan to start his own business.
ALJCSP signed agreements with saleh and six other Saudi companies at International Franchising Expo in Riyadh recently. They include Zuhoor Al-Reef (cosmetic store), RE/MAX Arabia (real estate outlet), Jawharat Surrati Perfume (cosmetic kiosks), Mochachino (coffee house), Perky’s Pizza (pizza kiosk) and Kwik Kopy (business center outlet). They agreed to work with ALJCSP Franchising Support Program by signing MoUs.
The franchisee owns his business and is legally independent but benefits from the know-how, the brand image and the reputation of a franchise. The franchisee also benefits from the franchise system of sales management, its advertising and marketing campaigns. “We are keen to support our local people by providing small business opportunities. Young people have great interest to open their own coffee houses and we agreed to work together with ALJCSP.
Logo from ALJCSP.
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