Who says that the franchise can not work in a small third world country or in an economically weaker countries, where humans are only one or two dollars a day? I believe that franchise systems can work in these positions, both in Asia, Middle East, former Soviet States, Indonesia, Latin America, the Caribbean or in Africa. You see, there are a whole series of micro-systems are helping in these countries, people start businesses of their own.
Micro-franchising is a business model that attempts to adapt some of the traditional franchising concepts to small businesses in the developing world. It seeks to provide replicable business plans to small entrepreneurs in developing countries by using methodologies developed in the traditional franchising model. It attempts to follow in the footsteps of the micro-finance and micro-credit models in developing countries by funding new ideas and business opportunities
Franchising works bestunits of the system, because these types of small businesses. With a simple proven system, and the influx of micro-credit can be set to people with small businesses that can provide for themselves and their families. For example, consider the activities of people at risk? Each of these devices can be bought for the transportation of a few hundred dollars / few thousand rupees, but someone who makes only $ 1 – $ 2 a day / Rs. 50 to Rs. 100 a day and spends most of the time and money for food and not be able to save what isrequired to purchase the device in the first place.
Franchising works bestunits of the system, because these types of small businesses. With a simple proven system, and the influx of micro-credit can be set to people with small businesses that can provide for themselves and their families. For example, consider the activities of people at risk? Each of these devices can be bought for the transportation of a few hundred dollars / few thousand rupees, but someone who makes only $ 1 – $ 2 a day / Rs. 50 to Rs. 100 a day and spends most of the time and money for food and not be able to save what isrequired to purchase the device in the first place.
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