Seeing the pull factor of franchises


Nanta (centre) checking prices of vegetables and essential items at a supermarket in Kuching, Sarawak. The minister says efforts are being taken to overcome the problem of price hikes in the long term. — Bernama

VENTURING into a franchise allows new entrepreneurs to grow and master a trade without the associated risks, says Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

“Newcomers to a business are offered a structure to initiate, operate and develop the licensed trade based on the business model that the franchisor provides.

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