Franchising is a business model which enables individuals buy into an existing business system that is already succesful, fully operational, strategic for faster distribution of company products and services. This is a system in which individuals shares profit based on thier investment.
Usually this business model is admired by many but considered to be the business for the rich by the rich to empower the rich.
What is
Franchising business model is one of the most lucrative business model anyone looking for viable business can venture into, but owning one unfortunately does not come cheap.
Usually its costs an average of about 25000USD to sign a franchise document and its cost between 100,000 USD to 1 million USD (or even more) to established one of those we see around.
Aside the huge capital involved, the other challenges arise. These includes:
Many at times, majority of these franchise don’t stand the test of time. Reason being that simply the challenges that comes with managing them are not easily surmountable
Good news!
We have found something new and exciting to help apsiring business owners like you to own their own franchise, without spending loads of money. Infact!! NO Physical Outlet needed. A system that allows you to own your own franchise at an affordable price.
Start with as low as
38,000 NAIRA