FAI AS MEMBERS OF WORLD FRANCHISE COUNCIL
World Franchise Counci is an amicable and non-political association of National Franchise Assocations Under the support of International Franchise Association(IFA) and supported by European Franchise Federation. WFC is registered as a non profit organization under UK law. Full membership of WFC is open to all National Franchise Associations whose Constitution requires a subscribing members hip and a governing body which is in the majority composed of franchising companies.
FAI AND APFC
FAI is also a member of Asia-Pacific Franchise Confederation (APFC), an amicable, non-political association of NFAs around the Asia-Pacific region. Formed on September 24, 1998, the objectives of APFC are to provide a forum with properly constituted NFAs in the Asia-Pacific region where they can shar experience, information and technical 'know-how' on franchising including the establishment of better communication channels among members.
THE TIE-UP WITH ICFE
FAI and The Institute of Certified Franchise Executives(ICFE) in the US has tied up to launch the Certified Franchise Executive (CFE) Program in India. The ICFE is governed by a peer-led board of directors, who themselves have completed the CFE program and includes representative from academia, To be awarded the CFE designation, individuals must complete an extensive course of study, and meet experience, participation and ethics requirements as established by the ICFE board of governors, The CFE program offers franchise executive an established curriculum taught by recognized experts in the field.
FAI AND GOVERNMENT OF INDIA
The business and commercial laws in india protect and govern a franchise arrangement; the is a growing need to improve this regulatory and legal framework. In 1999, a firm step was taken towards consolidating the franchising industry in india, by establishing the Franchising Association of India, through the efforts of the Indo-American Chamber of Commerce. FAI represents the interests of franchisors, franchisees, vendors, consultants and other interested individuals and bodies.
FAI LOAN ASSISTANCE
FAI partnership with SIDBI for granting loans for franchising industry. Fai has already approch MSME to provide a special loan facility in franchise industry. Various private and PSU banks have already approched FAI to form a special load segment for FAI Members. This will solve the major problem of franchising industry.