Francorp Middle East to Sponsor U.S. Franchise Development Conference in Egypt
Francorp Middle East, in conjunction with Francorp USA, will sponsor a U.S. Franchise Development Conference in Egypt this October.
The objective of this project is two-fold. First, it will support the expansion of the franchise industry in Africa and the Middle East. Second, it will introduce American franchisors and Master licensees to significant opportunities to expand their businesses in the booming African and Middle Eastern markets.
Franchising has developed quite extensively in Egypt over a short period of time. U.S. franchises are estimated to account for almost 35% (just under 140 million) of the total Franchise revenues in Egypt, making many local regional investors interested in American franchises.
For over 30 years, Americans interested in franchising have gone to Francorp, the world’s leading franchise development and consulting firm. Headquartered in Chicago, IL, Francorp has assisted more than 10,000 companies plan for expansion, and has developed more than 3,000 franchise programs worldwide.
Francorp expanded itself worldwide by placing offices in Central America, South America, Europe and Asia. Recently, Francorp established its services through Francorp Middle East, based in Dubai, to provide services to large, medium, and small businesses in the Middle East region.
Najeeb Al-Awadhi, Chief Executive Officer of Francorp Middle East believes “Franchising is one of the most effective options a company should consider for its potential to grow and expand their business quickly; especially in a market like the Middle East where the franchise industry is valued at over $14 billion and is growing at an annual rate of 27%.”
Francorp will be coordinating and facilitating U.S. franchise companies that are participating in the U.S. Franchise Development Conference. For those interested, call 1-800-FRANCHISE, visit www.francorp.com to learn more about how to franchise your business.