Micro Franchising:

Purpose: This study aims to investigate how microfranchising can be used as a tool for increasing self-employment and to fight poverty in Thohoyandou. Design/methodology/approach: A qualitative research approach was employed with a sample of eight participants that comprised microfranchise businesses in Thohoyandou. The convenience sampling technique was adopted to select the participants. Primary data was gathered through in-depth interviews using a structured interview guide. Findings: The study's findings established that microfranchising tools such as business in a box, comprehensive training, employment creation, good marketing mix, improved asset base, improved standard of living, increased economic growth and market gap help reduce social ills. Practical implications: The research managed to unravel the strategies that can be adopted to enhance microfranchising in increasing self-employment and alleviating poverty. Originality/value: There are limited studies on microfranchising in South Africa. Paper type: Research Paper

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Publication Details

Journal
IJEBD (International Journal Of Entrepreneurship And Business Development)
Published
2024-09-30
DOI
https://doi.org/10.29138/ijebd.v7i5.2734
Primary Topic
Franchising Strategies and Performance
Type
article
Field-Weighted Citation Impact
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article

Micro Franchising:

Stanislous Zindiye, Knowledge Shumba, Tiyisani Shiella Maluleke
IJEBD (International Journal Of Entrepreneurship And Business Development)
Franchising Strategies and Performance
article

Micro Franchising:

Stanislous Zindiye, Knowledge Shumba, Tiyisani Shiella Maluleke
article en

Abstract

Purpose: This study aims to investigate how microfranchising can be used as a tool for increasing self-employment and to fight poverty in Thohoyandou. Design/methodology/approach: A qualitative research approach was employed with a sample of eight participants that comprised microfranchise businesses in Thohoyandou. The convenience sampling technique was adopted to select the participants. Primary data was gathered through in-depth interviews using a structured interview guide. Findings: The study's findings established that microfranchising tools such as business in a box, comprehensive training, employment creation, good marketing mix, improved asset base, improved standard of living, increased economic growth and market gap help reduce social ills. Practical implications: The research managed to unravel the strategies that can be adopted to enhance microfranchising in increasing self-employment and alleviating poverty. Originality/value: There are limited studies on microfranchising in South Africa. Paper type: Research Paper

IJEBD (International Journal Of Entrepreneurship And Business Development)Vol. 7(5)
Tshwane University of Technology (ZA)
Openalex Percentile: Top 52%
Franchising Strategies and Performance
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