We are offering the opportunity for interested established training organizations to run one or more of our courses under a franchise arrangement. The Future franchise system grants our franchise partners full rights to use the intellectual property relating to the individual programmes plus access to our international student accreditation systems through our management portal. We offer a full induction training and support for programme for franchisees and staff plus ongoing development of the materials and course content in line with the changing needs of our economy. Download Our Catalogue
To protect the Future brand and maintain the prestigious relationships we hold with our international accreditation partners, we can only enter into franchise agreements with organisations known for a proven record of high-quality training delivery. Partners must be prepared to deliver our well-developed training programs in the same style and format that we deliver in Jeddah. If your organisation has the right background, then the Future Institute franchise could be the ideal business opportunity for you and your organisation. Send Catalogue to your Email
The Future franchise has been designed to enable existing training and commercial organisations to extend their course range by delivering one or more of the Future courses under licence from Future International. We have 48 registered short courses plus a range of Future diploma programmes as listed in the course information fact sheet.Hence, there are two ways in which the franchise can be structured as follows:Option A - Future Diploma Franchise -
Licensed rights to market and deliver Future diploma programmes with the option to add the rights to deliver any of the existing short courses as requiredOption B – Future Short Course Franchise –
Licensed rights to deliver up to 5 short courses with the ability to add on rights to deliver additional short courses as required.What is the Cost of the Franchise?
The Future Franchise Package Fee is priced at SR80,500. This covers the cost of either Option A or Option B as detailed above. The licence for additional short courses is priced at SR5000 per short course for existing franchisees that want to extend the range of courses available to their students. The licence for additional diploma courses is priced at SR 22,000 per diploma for existing franchisees that want to extend the range of courses available to their students.Will the franchisor be granting an exclusive territory?
Commercial franchisees will be granted an exclusive territory with regards to marketing activities for the SME market and this will be assessed and agreed upon an individual basis.Will the franchisor be providing any initial launch assistance?
Standard templates and examples will be provided but the responsibility to promote the programmes will rest with the franchisees.Premises
Franchisees within KSA must be existing training businesses or existing organisations that already have training facilities.Operating System
Franchisees will operate using FI-OS (First Intelligent Operating System) and have full access to this system (via an online portal).They will also be required to input all student data and use all the management tools to operate their franchiseFranchise Agreement
Based on the Future Institute model, Franchisees should be issued with a 2-year franchise agreement. The franchise agreement will contain the right to renew (subject to compliance with the terms of the initial agreement by the franchisee).Training
For Saudi Arabia
• 10 Days initial franchise training
• 5 Days post training support per programme
Yes, but only to advise on issues such as equipment and furniture to ensure that programmes are delivered in an appropriate environment. Future will include Pre-franchise sessions to give opening support. This includes:
1. Premises visit and evaluation;
2. Internal Administration role;
3. International l Accreditations;
4. TVTC Regulations / franchise;
5. Business objectives and goals
Induction training will be provided for up to three people at the franchisor’s premises – this will include programme tutors and relevant business support staff who work at the franchisee’s institution.Will the training be included in the initial fee and will franchisees be required to pay for travel, accommodation, etc.?
The induction training is part of the initial fee and will be provided by the franchisor. Franchisees will be responsible for their own travel, accommodation etc.Will the franchisor be providing franchisees with ongoing guidance and assistance in relation to the franchise business?
Yes, this will be part of the franchise package.Will the franchisor be providing a copy of the operations manual?
Yes, both manuals will be provided.Will a marketing/advertising fee be charged?
A marketing Fee of 2% of annual income is to be paid by the franchisee to support central marketing and portal services. 1% will be dedicated to the website and portal marketingDoes the franchisor require franchisees to undertake local marketing?
All local marketing is to be paid for by the franchisee. Franchisees should budget for a minimum of 3% of annual sales to be spent on local marketing activities.Are there any other payments to be made?
Only if extra business support is required and this will be provided on a consultancy rate.How often will the continuing fees be paid?
These are to be paid for all sales made in the preceding month.Where will the training be provided?
At the franchisee’s location and at the Future Institute head office.
No. Franchisees first receive the payment from customers and then issue the owed fees to the franchisor.Does the franchisor require franchisees to comply with the franchisor’s insurance requirements?
Franchisees must comply with local business regulations and have the minimum insurances as required by local laws. All staff should be registered with GOSI security system in KSA franchise. Copies of certificates must be emailed to Future head office on an annual basisHow will the relationships with the external accreditation bodies (Inchbald, Pearson, Mercator..etc.) be managed?
This will be managed by the franchisor and student details and work will have to come through the franchisor (with the appropriate external accreditation fees) as part of the franchise model.Will franchisees need a licence?
Franchisees will have to obtain a government licence to enable them to operate and deliver the individual training programmes from their premises prior to starting the marketing for the programmes. In the event that the licence is not obtained for any reason or is lost at any point during the term of the agreement, the franchise agreement will be terminated by the franchisor.Which markets will the franchisee be allowed to target?
Franchisees will be licensed to market and deliver to the consumer market only (individuals). The FI franchisor company retains the rights to the corporate market, although franchisees’ operations may be utilized as part of the delivery mechanismWho will determine pricing for the programmes?
The franchisor will have a recommended retail price and an upper and lower price point for each programme.Will there be a minimum performance target for franchisees?
FFranchise agreements will contain minimum performance figures related to the number of trainees per annum. If these figures are not achieved, then the franchisor will have the right (but not the obligation) to either appoint another franchisee in the area or to terminate the agreement.