Tatarstan residents can choose a franchise online to open a business

A new service for the selection and purchase of proven franchises has become available on the SME.RF Digital platform. At the start, the catalog contains over 60 proposals that have passed the expertise of the Russian Franchise Association (RFA). Users registered on SME.RF have access to the service and submission of online purchase applications – beginners and active entrepreneurs from all regions of the country.

For each franchise, key information is provided for making a purchase decision: the cost of the franchise and the amount of payments for using the trademark. The amounts of the start-up capital for the opening and the expected payback period, space and personnel requirements are also indicated. The service allows one to compare all the selected franchises. 

Currently, franchises of 10 industry areas are available through the service, including retail, catering, household, sports, medical, educational and entertainment services, as well as manufacturing and construction. 

"Franchising, first of all, is useful for aspiring entrepreneurs who are just about to launch their business. Thanks to the new service, they will be able to rely on a reliable franchise with a proven business model and a well-known trademark. Thanks to the launch of the online service, residents of all regions of Russia will be able to open their own franchise business. For each franchise owner on SME.RF personal account for receiving and processing applications for their purchase has been created," said Alexander Isaevich, CEO of SME Corporation.

He added that, according to agreements with franchisors, the SME Corporation will monitor information on the status of consideration of user applications until the opening of new facilities.

"In the future, we plan to provide users of SME.RF with even greater choice of options for starting a franchise business. The opportunity to submit an online application for the inclusion of their franchises in the catalog of the service is already available for franchise owners," Alexander Isaevich stressed.

Let us recall that the digital platform for small and medium-sized businesses was launched in February 2022. It was created and is being developed jointly by the Ministry of Economic Development and the SME Corporation at the address SME.RF. More than 30 services are available 24/7 to entrepreneurs from all regions, including measures to support small and medium-sized businesses at the federal and regional levels. The platform is functioning within the framework of the national project "Small and medium-sized enterprises". It was initiated by the President Vladimir Putin, the implementation is supervised by First Deputy Prime Minister Andrei Belousov.