If you are new to entrepreneurship, starting a business from scratch can be daunting, especially if you are risk averse. An alternative to incorporating your own business in Malaysia is to purchase a franchise and set up a company that already has established its brand recognition.
The franchise industry in Malaysia is one to watch. As reported by The Star, it is expected that the franchise sales will increase from RM14.65 billion in 2020 to RM22.66 billion in 2025. The demand for franchise businesses has been slowly increasing, and now is the right time to start your franchise in Malaysia if you have plans to do so.
Best Franchises in Malaysia
There is an abundance of opportunities to buy and set up your own franchise business. Here are some of the best franchises in Malaysia that you can consider:
||Initial Capital & Franchise Fee
||From RM250k + RM75k franchise fee
||From RM250k + RM65k franchise fee
||From USD500k + USD100k franchise fee
||From RM250k + RM100k franchise fee
||From RM145k + RM20k franchise fee
||From RM1.2M + USD60k franchise fee
||From RM70k + RM10k franchise fee
While these are the popular franchises to consider, there are plenty of other businesses across the industries that you can search for.
Here are ways on how you can find the franchise opportunities in Malaysia: