Steps to Open A Franchise Business in Dubai

When a product or service becomes an extremely popular brand, investors who prefer to repeat the established concept get the franchise rights from a business owner for doing it under the same brand name and logo. This business model is referred to as franchising. Over the past few years, franchise business is increasingly becoming popular in Dubai with many domestic and international brands accepting this business model. In this article, we will discuss the steps for starting a franchise in Dubai.

List down your interests and categorize the business you wish to enter. Check the existing franchise opportunities from local ads or inquire from your contacts.
Make a list of franchisers based on various factors such as brand image, customer preferences, and quality of service. Contact them through phone or emails.
According to UAE law, one needs to be a UAE citizen and require a local sponsor to start a franchise in Mainland. However, this law is not applicable if you are planning free zone company formation, but you require huge capital and good contacts for the same. Therefore, having a local sponsor is always beneficial.
Sign an agreement with a prospective franchiser that suits your requirements. It is advised to consult a lawyer before submitting the contract to crosscheck all conditions properly.
Prepare a business plan that includes all business summary such as competitor analysis, market survey, core competencies, financial plans, funding plans, etc.
Register the franchise agreement in a UAE court and acquire the trade license for the business.
Select the right location based on your target customers and regulations.
Open your franchise business and do advertising parallel along with the help of the franchiser.

If you are planning to start a franchise business and need more information on this business model, Corpin Consultants would be happy to assist you in the entire process. Contact us at +971 55 843 2911 or info@corpinconsultants.com to speak to our experts.