Held for three days, IFRA Business Expo 2023 will involve more than 275 franchise companies and showcase 400 brands.
Heaptalk, Jakarta — The 21st International Franchise, License and Business Concept and Conference (IFRA) will return on August 25th – 27th, 2023, at Indonesia Convention Exhibition (ICE) BSD, Tangerang.
Employing Business Ideas to Inspire You as the theme, IFRA 2023 will deliver plenty of business inspiration and ideas for exhibitors and visitors. According to the Indonesian Franchise Association (AFI), Anang Sukandar, this exhibition is an adequate platform for business-minded visitors to utilize opportunities to broaden their business.
“Conducting the 21st IFRA Business Expo is an extraordinary achievement, especially for Indonesia’s franchise industry enhancement. IFRA is the right place to manifest business ideas to be real. For this reason, we look forward to this exhibition as an opening door and a forum for collaboration between franchise entrepreneurs and visitors,” Anang said. (08/15)
Based on the Franchising Economic Outlook 2023, the franchise business is projected to elevate by 4.2%, attaining US$860,1 billion in 2023. On the other hand, this franchise industry is estimated to augment 254,000 job opportunities this year. With the enhancement of 3%, the total franchise industry employment is forecasted to reach 8.7 million, proving that the franchise business remains one of the most promising business categories and owns many enthusiasts.
In its implementation, IFRA 2023 will involve more than 275 franchise companies and showcase 400 brands. Through the participation of plenty of franchise business practitioners, this business franchise exhibition aims to gain a total transaction of up to US$107.9 million (Rp1.65 trillion).
Numerous business programs will also be showcased to enliven the 21st IFRA Business Expo 2023, such as The 7th IFRAPreneur Business Concept Competition (IFBCC), Business Presentation, Celebpreneur Talkshow, Business Classroom, Retirees Seminar, Business Matching, Meet the Experts, IFRA Awards and Gathering, Interactive and Lucky Draw, and Business Mascot Competition. Also, several new business programs will enliven the IFRA Business Expo this year, spanning IFRA Business Podcast and IFRA Content Clash.
Apart from showcasing numerous business programs, IFRA 2023, in collaboration with Bank Mandiri, will provide diverse credit access to assist visitors in starting their franchise businesses.
As the Vice President Micro Personal Loan Group of Bank Mandiri stated, “The IFRA exhibition aligns with Bank Mandiri to assist society in improving their living standards by running their own business. In this expo, we will participate as an official financial service to distribute various credit facilities and banking services to prospective entrepreneurs who will manage the franchise business.”
