Presentation on theme: "EGYPTIAN FRANCHISE DEVELOPMENT ASSOCIATION EFDA MR. Nadeam Khorshid BOARD MEMBER EFDA NOVEMBER 20 th, 2005 REGIONAL SEMINAR, CAIRO THE ROLE OF THE FRANCHISE."— Presentation transcript:
EGYPTIAN FRANCHISE DEVELOPMENT ASSOCIATION EFDA MR. Nadeam Khorshid BOARD MEMBER EFDA NOVEMBER 20 th, 2005 REGIONAL SEMINAR, CAIRO THE ROLE OF THE FRANCHISE ASSOCIATION IN EGYPT THE ROLE OF THE FRANCHISE ASSOCIATION IN EGYPT
Egyptian Franchise Development Association EFDA EFDA is a non-profit NGO formed by top group of businesspeople with the support of the Egyptian Government and registered by the no. 518/2001 law 32 for year 1964, to encourage and promote entrepreneurship and business through franchising. FULL MEMBER IN WFC 2005 SFD joined EFDA 2003 as an active board member to empower its role
EFDA mission Create franchise awareness in Egypt Develop local Franchisors. Establish a healthy environment for the franchise industry Establish a liaison between all players in the franchise arena.
FACT SHEET ABOUT EFDA NUMBER OF MEMBERS 72 50% FRANCHISORS 30% SUPPLIERS, AND 20% PROFIISIONALS ( LAWYERS, AND OTHER SERVICES PROVIDERS) BOARD MEMBERS 11 EXECUTIVE STRUCTURE : ( 6 VOLUNTEERS AND 4 PAID)
MIFE 2002, 2004 & 2005 The International Franchise Exhibition and Conference, for Middle East and North Africa MIFE – 3 June, CAIRO
EFDA ACTIVITIES MAGAZINE ( Franchise Egypt bi annually) NEWSPAPER ( full page bi monthly ) AWARENESS ANNUAL CONFERNCE AND INT. EXBITION SEMINARS, AND TRAININGS WEBSITE MEETINGS with government officials PROVIDE INFO FRANCHISE CENSUS ( IN COLLABORATION WITH SFD )
EFDA, SFD JOINT EFFORTS TO PROMOTE FRANCHISING TO SMEs Provide awareness & promotion for the franchise business Promote and finance small business franchisees Introducing international Franchisors to Egypt SMEs Help local Franchisors to export their franchise world wide Support franchise association & services providers Provide technical, legal and business support to SMEs and to successful Egyptian producers who wishes to franchise their business
INTERNATIONAL CO- OPRATION EFDA became an associate member in WFC in 2004 and full member in Plan to cooperate with the African Development BankAfDB, Private Sector to implement a new financial scheme especially tailored for franchising. EFDA to sign MOU with FASA, FASA to build the capacity of EFDA Coordinate with all stakeholders (donors) to develop franchising in Egypt. Pan-African Franchise Federation.
Historical background Franchising is known in Egypt long ago through multinationals in different sectors such as : soft drinks, petrol stations etc.. Since the 70s franchise in food sector is actively growing. Since the 90s non-food sectors started to develop.
Capacity and Potential for Franchise Expansion in Egypt Franchise has increased by 800% over last 8 years ( from approximately 25 to 200 franchise systems). March 2003, Egypt is listed in USA cooperating countries in Intellectual Property Rights. New Tax law, IP law, WTO, e-gov., e- signature. Democracy, free elected President.