Nigerian Association of Franchise Business Members (NAFBM) seeks to promote and facilitate the use of franchising as a growth strategy for Nigerian enterprises thereby making Nigeria a franchise and licensing hub and ultimately growing the economy. I write to introduce Nigeria Association of Franchise Business Members (NAFBM) to you. NAFBM is a trade Association led by a dedicated team of franchise and enterprise development experts, and board members, committed to steering growth in the fr...
Great technology can prevent a lot of headaches in your
business, and grow your bank account but, poor technology can cause your head
to throb and cost you money. Big money.
If you’re thinking of buying a franchise, you must also have
thought of ways of automating your day to day business processes.
When you run a business with a multitude of customers, a staff
base of over 20 people you have to work overtime and extra hard to ensure that
everything is well structured and everything runs sea...
In franchise business there are five primary departments that make or break a franchise. These departments are: finance, leadership, operations, marketing & technology. The most important of these is leadership.The experience, business acumen and commitment of company
leaders have a greater impact on the outcome of the business than the other
factors. If you are a bad leader you will have bad staff, if you are a
micro manager you will have staff that second guess their selves.
Apply these s...