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FAQ

1. How can we get involve with Retail Modernization? Do I qualify?
arrow Selection will be based on the following criteria :
  1. Registered as Sendirian Berhad (Sdn Bhd) company.
  2. Minimum of 51% owned by Malaysian and company registered in Malaysia.
  3. Minimum at least 5 years in the related business.
  4. Able to provide minimum of 3 years audited accounts with sound profits.
  5. Must be able to develop and operate a prototype outlet using own funds.
  6. Able to invest at least 50% of the total project cost i.e. development & operational costs.
  7. Directors and shareholders are free from bankruptcy or any legal financial suits.
  8. Willing and able to adapt the R.E.K.A concept.
  9. For non-franchise company, agreeable to convert into franchise business company within 2 years after signing the MOU.
  10. Have systematic and comprehensive training module facilities for the business.
  11. All business concepts under retail modernization concept must have systematic “Point of sale” (POS) system and it is a web-base.
  12. The concept proposed must be unique, simple, systematic, modern and offer fast, efficient and variety services under one roof.
  13. Must have strong support systems from production – distribution– logistic – retail outlet/s.

 

2. What benefits do I gain if I join the Retail Modernization Programme?
arrow Available and sustainable business model.
  1. Larger business partners via franchising.
  2. Advisory services from PNS experts on the best franchise practices.
  3. Coaching and monitoring from PNS.
  4. Financial assistance for the participating company and their future franchisees / licensees.
  5. Elevation of the current business to a greater success locally and internationally.
  6. Constant promotion on the business brand through PNS awareness activities locally and internationally.
Poll

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