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
Authors
- Stanislous Zindiye
- Knowledge Shumba
- Tiyisani Shiella Maluleke
Institutions
- Tshwane University of Technology (ZA)
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
- 0.00