Microfranchising 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. microfranchising attempts to follow in the footsteps of the microfinance and microcredit models in developing countries.
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Companies offering franchises are becoming increasingly attentive to this data, since the Hispanic...
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