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Business In Transformation

PNS as the lead agency for developing the Malaysian Franchise Industry will identify, create and develop small enterprises or retail businesses that carry contemporary and trusted brand, high quality products and services using a modern marketing approach, low set up and new technologies.

The implementation of Retail Modernization via R.E.K.A :

R realignment
E expansion
K knowledge
A adaptation

R.E.K.A – The objective of R.E.K.A is to encourage entrepreneurs to realign business concepts and encourage expansion through sharing of experience franchisors, consultants, franchisees and related agencies such as Perbadanan Nasional Berhad (PNS), Malaysia Franchise Association (MFA) and Ministry of Domestic Trade, Cooperative and Consumerism (MDTCC). Finally, adapting all the knowledge and experience in creating retail modernization concepts through franchising.

Then we are to adapt all the knowledge gathered through creations of retail modernization business concepts in franchising.

The B.I.T programme is a business transformation programme for small entrepreneurs to become more competitive and systematic in conducting business to gain more profit and develop their business effectively. The programme also trains entrepreneurs to be more competitive in the market and in turn build a franchise from the business.

arrowCriteria of Programme Participants

  • Malaysian Citizens aged 21 years and above
  • Businesses based on Syariah (Islamic Law)
  • Registered with the Companies Commission of Malaysia (SSM)
  • In operation for at least 2 years
  • Owner is not certified as bankrupt and free from any legal action
  • Able to adapt to the R.E.K.A concept
  • Attend courses organised by the PNS Academy
  • Owns at least 2 outlets/kiosk/stalls/agents
  • Business proves profitable and viable
  • Interested in expanding the business
  • Brand name is recognised locally
  • Has a support chain system beginning from production – distribution – logistics – mobile business/permanent kiosk

arrowBenefits Of Participating In The B.I.T Programme

  • Assist in changing the business into a more modern concept
  • Enable small entrepreneurs to become more competitive
  • Enable small entrepreneurs generate higher income through a more effective business model
  • Enables entrepreneurs to expand their business by offering the chances to others

arrowFinancial Facilities Under the B.I.T Programme Pre-Franchisee

  • Financing up to RM25,000.00
  • Financing margin up to 90%
  • Profit charges at a rate of 3%
  • Service Fee : RM 50.00
  • Type of Financing: Tawarruq
  • Finance Duration: Up to 5 years (Collection of repayment to PNS will be performed by the Licensor)

Pre-Franchisor

  • Financing up to RM 500,000.00
  • Financing margin up to 90%
  • Profit charges at a rate of 3.5%
  • Service Fee: RM50 minimum or 1% from total financing whichever is highest
  • Type of Financing: Islamic Financing Scheme
  • Finance Duration : up to 5 year
Related Link

Ministry Subsidiaries Agencies Others
KPDNKK Gloria Jean's myfranchise MKM SKM SSM MyIPO MyCC Bank Rakyat myGov MSC

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Do you know that you are required to register with Franchise Development Division, Ministry of Domestic Trade, Co-Operative and Consumerism to obtain franchise license?

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