Nigeria
Franchising your business in Nigeria
Recent forum posts
-
What Role Does Professional Writing Play in Scaling a Business Successfully?
As businesses grow, communication often becomes one of the first invisible challenges. Founders and teams are busy with operations, sales, and strategy, yet the demand for clear writing only increases—whether it’s pitch decks, internal docs, case studies, or customer messaging.Professional writing helps scale ideas without diluting them. It ensures consistency in voice, clarity in strategy, an
Total Posts: 1 Last post by jeniferamanda
-
(+2347044417593) I want to join illuminati occult for power and riches
SPIRITUAL HEART OF THIS OCCULT YOU’RE CERTAIN TO BE ACCEPTED AND TRANSFORMED FROM POOR TO RICH OR RICH TO RICHER & POWERFUL .PANDORA INITIATE MEMBERS.PANDORA BROTHERHOOD knows that everyone has great potential but often many have lost their self-esteem and their desire for a better life.All of us know that we can be better than we are. We are not living up to our potential. Yet we have t
Total Posts: 1 Last post by Pandoraoccult13
Expanding a Business Internationally Through Franchising.
Companies will more often than not choose to expand in their domestic market first, and franchising is a tried and tested formula. Expanding a business internationally can work for as an alternative route to market. Rather than concentrating on finding a series of sales people, distributors, or concentrating on finding the right staff, many hugely successful companies have expanded by finding the right master franchisee for their chosen market.
The benefits can be enormous. The master franchisee will have responsibility (eventually) for the day to day operations for a given area ( usually regional/ national) and for recruiting new franchisees into the network. The master franchisee benefits from the proven business model and is financially dependent on the success of the venture. The franchisor ( the overall owner of the business) benefits from a committed partner with local experience.
To franchise your business successfully, you will need some experts in their field.
You will firstly need to engage the services of a franchise consultant. This organisation will help with almost everything, from researching the market, to adapting the franchise manual, to advising on setting the price for the franchise (the franchise fee). Specialist franchise lawyers will help with the franchise contracts and there are consultancies that will help throughout the recruitment process.
Specialist franchise recruitment media will promote your business and put your proposition in front of a relevant audience
Different countries have widely different laws relating to the franchise industry and a lawyer who knows the market is essential.
Click here to Ask an Expert about Franchising your business in Nigeria