Archives Tag: franchise
How To Grow Your Business with the Franchising Model
April 19, 2022
The process of expanding a business may be exciting, but it’s also often quite challenging. Although the traditional route of opening new branches might seem like the obvious choice, it typically comes with significant risks and resource requirements. However, there’s a powerful alternative that many successful companies have utilized to scale rapidly and efficiently: … Continue reading How To Grow Your Business with the Franchising Model
Franchise Business Development Services Launches Naija Biz Scale-Up
April 19, 2022
Promoting indigenous businesses seeking expansion locally and internationally. Franchise Business Development Services Nigeria (FBDS) will launch the Naija Biz Scale-Up Programme that kicks off with an orientation event on the September 5th, 2019 at Oriental Hotel, V.I, Lagos. Naija Biz Scale Up is targeted at indigenous business owners, who have been duly registered with CAC, … Continue reading Franchise Business Development Services Launches Naija Biz Scale-Up
By guestpost
Did You Know? Nigeria’s ₦250 Billion Fast Food Industry
April 19, 2022
A couple of decades ago, Nigerians had only a handful of fast food chains to have their outings at. Perhaps we weren’t as keen on french fries and spicy oriental dishes as we are today, but it was probably also because potential investors didn’t think the market was big enough to prop up more than … Continue reading Did You Know? Nigeria’s ₦250 Billion Fast Food Industry
Is Retail Franchising the Next Goldmine for Nigerian Investors?
April 19, 2022
Nigeria’s retail market is both capturable and too large to ignore. Buying into the winning retail business model will be taking advantage of one of Africa’s biggest growth opportunities. Investing in a viable business – opens up the question of franchises: Are retail franchises good investments? How can a Nigerian acquire a retail franchise? And … Continue reading Is Retail Franchising the Next Goldmine for Nigerian Investors?
Investment Lessons From The Rise of Modern Farm Franchises in Nigeria
April 19, 2022
Any country with a population of over 170 million inhabitants should be a viable market for small businesses and thousands of franchises! Sadly, this assumption does not necessarily hold true in Nigeria, due to some factors. On face value, franchising does not make a lot of sense in a marketplace, where the concept is alien. … Continue reading Investment Lessons From The Rise of Modern Farm Franchises in Nigeria
By guestpost
Successful Nigerian Restaurant Franchises
April 19, 2022
From before Nigeria became an entity till the present day, many businesses both of local and international origin have enjoyed the ease franchise opportunities brought to the Nigerian market space. Leveraging on the success, popularity and marketing strategy of an established brand has helped many SMEs, over time, grow from having only a handful of … Continue reading Successful Nigerian Restaurant Franchises
By achem
What Makes Great Franchising in Nigeria?
April 19, 2022
A franchise can be likened to a good relationship; one between the franchisor and a franchisee. However, a good rapport between both parties is not the only quantifiable measure of the progress of a franchise. Other clear indicators of a successful franchise include system size, growth index and financial strength. According to the Nigerian International … Continue reading What Makes Great Franchising in Nigeria?
By achem
Business Growth Tip: Run A Franchise
April 19, 2022
A franchise is a business model in which a business gives independent entrepreneurs the right to operate with its trademark, methods and supply chain. In other words, these entrepreneurs don’t start their own businesses from scratch. They just take on an existing brand’s logo, products, and ways of producing and selling, and run with it. … Continue reading Business Growth Tip: Run A Franchise
